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WHAT? Cox Radio posts $404 million loss

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Radio Facts: Weaker advertising revenue and an impairment charge to reduce the carrying value of FCC licenses and goodwill dragged...

OH NO: FCC Payola Probe Targets Spanish-language stations

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The Federal Communications Commission has launched an investigation into payola allegations at some of the Rio Grand e Valley's most popular Spanish-language radio stations.But the commission's enforcement bureau remains tight-lipped about the extent and exact nature of the probe.The FCC recently sent out letters of inquiry questioning whether disc Radio DJeys accepted cash payments or other gifts in exchange for guaranteeing radio airplay to certain band s or record labels, a company spokesman for one radio conglomerate said.

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