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Radio Moves and Media Quick Takes


GMA3 (Good Morning America) co-anchors Amy Robach and T.J. Holmes both shut down their Instagrams amid rumors of an intimate, off-camera affair. Both are married to other people. We wouldn't be surprised if the ABC program will be looking for new hosts in the near future...


Stephen A. Smith doubles down on his defense of the Jerry Jones 1957 photo and responds to being called a "coon" and a “sellout” on his Know Mercy podcast. “Because I don’t agree with y’all position on a still photo from 66 years ago. Really? We better wake up y’all.” Smith says he is only talking to Black people. White people should just turn off the podcast. >Listen to his podcast if you have nothing else better to do...


Motown Records Chairperson and CEO Ethiopia Habtemariam is stepping down from her position to pursue new endeavors. The label and parent company Universal Music Group (UMG) has announced a successor will be named at a later date.


107.5 WBLS is the TOP RATED radio station in New York City with a 7.0 share of listeners 6+....


Radio One's “Majic 107.5/97.5” is the number two rated station in Atlanta (7.1 share) and just ahead of News/Talk station WSB (7.0). Kiss 104.1 is trending down from 6.6 to 5.7, while V-103 is trending up from 3.4 to 3.9...


iHeartMedia has announced a new lineup of comedy podcasts featuring Rosie O’Donnell, Jason Alexander, Eric Andre, Amber Ruffin and others set to launch in early 2023...


Diamond Tyleir is named night host at “95.7 Jamz” WBHJ Birmingham. Read more...

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April 9, 2012

Facebook Buys Instagram For $1 Billion, Yes that's with a "B"

Facebook Buys Instagram For $1 Billion, Turns Budding Two Year Old Rival Into Its Own Standalone Photo App


Instagram is the hottest app out there for smartphones, but what does facebook do? Make sure they protect their brand and buys the company for the astronomical figure of $1,000,000,000!

So who is actually using the app that is like a combination of Twitter and Twitpic? Here's a few photos we've snagged from Instagram that can be viewed on the net from a user with an "approved" image of Rihanna, ?uestlove from The Roots, and Rocsi of 106 & Park (note the number of followers for the former Power 92 Chicago midday personality). Looks like facebook is staying ahead of the technology and social media curve with this acquisition... How long will it be before facebook buys Twitter?

From TECHCRUNCH- Facebook has just finished a deal to acquire mobile photo sharing app Instagram for approximately $1 billion in cash and stock. Instagram will remain an independently branded standalone app that’s separate from Facebook, but the services will increase their ties to each other. The transaction should go through this quarter pending some standard closing procedures.



Last year, documents for a standalone Facebook mobile photo sharing app were attained by TechCrunch. Now it seems Facebook would rather buy Instagram which comes with a built-in community of photographers and photo lovers, while simultaneously squashing a threat to its dominance in photo sharing.

At 27 million registered users on iOS alone, Instagram was increasingly positioning itself as a social network in its own right — not just a photo-sharing app. And it was clear that some users were doing more of the daily sharing actvities on Instagram rather than Facebook’s all-in-one mobile apps, which had to be cluttered with nearly every feature of the desktop site.

Read more at Techcrunch

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