Salem Media Group Q3 Revs Down 4.8%, $0.75 EPS Loss

Salem Media Group

Salem Media Group reported third quarter net broadcast revenue declined 4.8% to $45.3 million from 47.6 million in 2019. Total broadcast advertising/spot revenue declined 21.7%, while station operating income (SOI) grew 7.1% and digital media rose 7.2%. Adjusted EBITDA gained 6.9% to 9 million. The company posted a net loss of $20 million (-75 cents per diluted share) as compared to a net income of $329,000 (1 cent) in the year-ago period.

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Connoisseur Closes on Bonneville SF Stations

Connoisseur Media

Connoisseur Media has completed its acquisition of four Northern California radio outlets from Bonneville International. Included in the deal were 7.2kW KBLX-FM (102.9) in Berkeley, 40kW KMVQ-FM (99.7) and 24kW KOIT-FM (96.5) in San Francisco, and 10kW KUFX-FM (98.5) in San Jose. Bonneville International More

Buffalo Bills Return to 97 Rock for 2026 Season

Buffalo Bills

The Buffalo Bills have announced a new partnership with Cumulus Media that will make WGRF-FM (97 Rock) the team's flagship station beginning with the 2026 NFL season. The move marks the Bills' return to FM radio and a reunion with 97 Rock, which previously served as the team's flagship station from 1998 More

Big Jim O'Brien Exits WCSX/Detroit After 24 Years

Jim O'Brien

Detroit radio personality Jim O'Brien has exited Beasley Media Group's Classic Rock "94.7 WCSX" following a 24-year run with the station. O'Brien announced the news on social media, writing, "After an incredible 24 run at WCSX, my time with the station has come to an end. I'm grateful to the listeners, More

Joel Oxley to Retire From Hubbard DC as MP/GM

Joel Oxley

Joel Oxley, Market President and General Manager of Hubbard Broadcasting's Washington, DC operations, has announced plans to retire later this year after nearly 35 years with the company and almost 28 years as General Manager. Oxley has overseen Hubbard's Washington operations, including WTOP News, More

Urban One Reports Q1 Revenue Decline, Lower Net Loss

Urban One

Urban One reported first-quarter 2026 net revenue of $77.7 million, down from $92.2 million a year earlier. The company posted a net loss attributable to common stockholders of $3.1 million, compared to a loss of $11.7 million in the first quarter of 2025. Operating loss for the More

Red Apple Launches 24-Hour News Network

Worldwide News Networks

Red Apple Audio Networks will launch a new 24-hour national radio news service, Worldwide News Network, on May 23. The network will begin operations at midnight on Saturday, May 23, providing affiliates with top- and bottom-of-the-hour newscasts around the clock, seven days a week. As part of the launch, More

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Salem Media Group Q3 Revs Down 4.8%, $0.75 EPS Loss

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Salem Media Group Q3 Revs Down 4.8%, $0.75 EPS Loss

Latest Radio Stories

Follow us on:

Copyright © 1989-2026 RADIO ONLINE ®

Copyright © 1989-2026 RADIO ONLINE ^®