With iHeart Media and Cumulus Media preparing for bankruptcy — but 93 percent of adults tuning in each week — what’s next for terrestrial radio? →

“We rely very heavily on local news. And I think what this will probably mean is that there are going to be pockets of the U.S. where we’re just not going to have a particularly good signal anymore,” said Maia Majumder, a Ph.D. candidate at the Massachusetts Institute of Technology.

“Allegations of questionable behavior by Ferro come as little surprise to some who previously worked with him in his media ventures. Fortune spoke with nine former staffers at the magazines Splash and Grid, who were employed by the Sun-Times publications during Ferro’s ownership of the paper (Ferro ceded control of the Sun-Times in 2016). These former employees say Ferro was heavily involved with both magazines and the encounters they describe with him suggest an uncomfortable workplace for women.” —CS

“Some of the money from the raise will go toward building a second news network, called Cheddar Big News. The streaming network will focus on general-interest happenings in the mode of local TV news. The network, which will cost between $1 and $1.5 million to launch, is scheduled to debut in April, Mr. Steinberg said. The company is also planning to launch a channel on Snapchat Discover in April focused on business and tech news.”

“I do not think the world is going to end, but I do think the industry will have to button up a bit.” —CS

“They have an opportunity there to build a site that people frequent for more than just what’s going on in the community from a news standpoint, but also what’s going on from a social standpoint or what’s going on and how people can get involved a little bit more on some of the more current events—how that actually relates to people throughout the community.” —CS

“It is up to YouTube to hire people who can tell the difference between videos made by Nazis and videos about Nazis,” said Jeffrey Goldberg, the editor in chief of The Atlantic.

Now, Snopes is asking its readers to contribute $2 million to stay afloat.