During 1997 and the first half of 1998, we engaged in limited operations consisting principally of the ownership and operation of one AM radio station and the operation of 24 other radio stations under time brokerage agreements. On June 15, 1998, we acquired a total of 31 radio stations. One of these acquisitions was accomplished by means of a merger with Faircom Inc. whereby Faircom was merged into one of our subsidiaries. Even though our subsidiary was the surviving entity in the merger, Faircom was deemed to be the "accounting acquirer," and the historical financial statements of Faircom became our historical financial statements.
Accordingly, our results of operations and those of the other entities that merged with or were acquired by us as part of the transactions completed June 15, 1998 have been included in our consolidated financial statements only from June 15, 1998. Regent owns and operates 62 stations (49 FM and 13 AM) clustered in 13 markets in Colorado, Illinois, Indiana, Kentucky, Louisiana, Michigan, Minnesota, New York, and Texas. Regent Communications, Inc. shares are traded on the Nasdaq under the symbol "RGCI."
CINCINNATI, Dec 23, 2009 /PRNewswire-FirstCall via COMTEX/ -- Regent Communications, Inc. (Nasdaq: RGCI) announced today that on December 21, 2009, it received notice from The Nasdaq Stock Market ("Nasdaq") indicating that Regent failed to comply with the minimum market value of publicly held shares requirement set forth in Nasdaq Listing Rule 5450(b)(3)(C) for continued listing of its common stock on The Nasdaq Global Market because the market value of its publicly held shares of its common sto...
CINCINNATI, Dec 04, 2009 /PRNewswire-FirstCall via COMTEX/ -- Regent Communications, Inc. (Nasdaq: RGCI) announced today that on November 30, 2009, it received written notification (the "Staff Determination") from The Nasdaq Stock Market, Inc. ("Nasdaq") that, based upon the Company's failure to regain compliance with the $1.00 per share minimum bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1) by November 25, 2009, the Company's common stock is subject to delisting unless the Co...
CINCINNATI, Nov. 16 /PRNewswire-FirstCall/ -- Regent Communications, Inc. (Nasdaq: RGCI) today announced the appointment of Ben Hoffman to the newly created position of Director of Interactive Sales. In announcing the creation of the new position, Larry Downes, Vice President of Technology and Digital Media for Regent, said that, "Mr. Hoffman will be responsible for Regent's overall Interactive sales effort with an eye on facilitating continuing rapid Interactive growth and success in our m...
CINCINNATI, Nov. 5 /PRNewswire-FirstCall/ -- Regent Communications, Inc. (Nasdaq: RGCI) announced today financial results for the quarter and nine months ended September 30, 2009.
For the third quarter of 2009, net broadcast revenues decreased 13.9% to $21.8 million from $25.3 million during the third quarter of 2008. For the same period, station operating expenses decreased 4.8% to $14.6 million in 2009 compared to $15.3 million in 2008. The Company reported a net loss of $0.4 m...
This calendar contains six months of past and future company related information, which may include press releases, SEC filings, calendar events and more. Dates containing information are indicated by a colored background. You may hover your mouse over a date that contains an event to reveal the event or events taking place on that day including a link to additional information. This calendar requires JavaScript to be installed and activated on your browser.
