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February 2026

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Radio Business News

NRG Media Closes Nebraska Station Sale to Usher

NRG Media

NRG Media has completed the sale of a group of Nebraska radio stations to Usher Media, marking another step in the company's divestiture of assets in the state. The transaction includes KGFW-AM, KQKY-FM, KRNY-FM, and translator K241CN in Kearney; KROR-FM in Hastings; and KSYZ-FM in More

MediaCo Revenue Jumps 18% in Fourth Quarter

MediaCo

MediaCo Holding Inc. reported a 17.9% increase in fourth quarter revenue, driven by continued digital growth and contributions from its Estrella Media acquisition, while posting a wider net loss for the period. For the quarter ended December 31, 2025, revenue rose to $38.7 More

Connoisseur Media to Acquire Lincoln Radio Cluster

Connoisseur Media

Connoisseur Media has entered into an agreement to acquire a group of stations in Lincoln, NE from NRG Media, expanding its presence in the Midwest. The deal includes KBBK-FM (B107.3), KLIN-AM and translator K257GN (News Talk 1400/99.3), KLNC-FM (105.3 The Bone), K233AN (Red 94.5), all licensed to More

Family Life to Acquire WKPL-FM in Pennsylvania

Family Life

Family Life has entered into an agreement to purchase Classic Hits WKPL-FM (92.1) in Ellwood City, PA, from Forever Media for $350,000. The 2.5 kW station serves listeners in Lawrence and Beaver counties and reaches into the Pittsburgh market, located about 40 miles from the city. More

Connoisseur Media to Sell Topeka Stations to KZNA Inc.

Connoisseur Media

Connoisseur Media has reached an agreement to sell its Topeka, KS cluster to KNZA Inc., which operates locally as MSC Radio Group. The transaction, which includes KSAJ-FM (98.5 Jack FM), KTPK (Country 106.9), WIBW-AM (WIBW News), and WIBW-FM (The Big 94.5 Country), is pending approval from the FCC and is More

Connoisseur Sells South Dakota Stations to Local Group

Connoisseur Media

Connoisseur Media has reached an agreement to sell its radio outlets in Brookings, SD, to locally owned Brookings Radio LLC. The buyer is led by longtime market manager Cami Powers, along with her husband Derrick Powers and Chad Hogie. The deal includes KBRK-AM and KBRK-FM in Brookings, KDBX-FM in Clear More

Civic Media Closes Deal for Milwaukee Stations

Civic Media

Civic Media has completed its acquisition of WZTI-AM (1290) in Greenfield, WI, along with FM translators W262CJ (100.3) in Milwaukee and W297BY (107.3) in Franklin, from Milwaukee Radio Alliance, LLC. Milwaukee Radio Alliance, led by acting CEO Diane Sutter, divested the stations More

Midwest Communications to Acquire NRG WI Stations

Midwest Communications

Midwest Communications Inc., through its affiliate WRIG, Inc., has reached an agreement to acquire a radio group in Wisconsin from NRG Media LLC. An application for the transfer of licenses is being filed with the FCC. Terms were not disclosed. The transaction includes stations More

Townsquare Media Reports Q4 Revenue Decline, Digital Growth

Townsquare Media

Townsquare Media reported lower revenue for both the fourth quarter and full year 2025, reflecting declines in broadcast advertising, while its digital businesses continued to represent a growing share of the company's overall results. For the fourth quarter ended December 31, 2025, More

SBS Enters Forbearance Deal With Majority Bondholders

Spanish Broadcasting System (SBS)

Spanish Broadcasting System (SBS) has entered into a temporary forbearance agreement with holders of a majority of its outstanding 9.750% Senior Secured Notes due 2026 after the notes reached maturity on March 1. The Miami-based company said it has been engaged in discussions More

Urban One Reports Q4 Revenue Decline, Wider Loss

Urban One

Urban One reported lower revenue and a wider loss in the fourth quarter of 2025, reflecting weaker advertising demand and the absence of political advertising seen in the prior year. For the three months ended December 31, 2025, the Silver Spring, MD-based media company posted net More

Saga Reports Q4 Loss on Impairment Charge

Saga Communications

Saga Communications reported a net loss in the fourth quarter and for the full year 2025, driven largely by a sizable impairment charge related to goodwill and FCC license values. For the fourth quarter ended December 31, 2025, Saga reported net revenue of $26.5 million, down More

Salem Media Reports 2025 Revenue Decline, Net Loss

Salem Media

Salem Media Group reported lower revenue and a net loss for 2025, according to its annual report for the year ended December 31, 2025. The Christian and conservative multimedia company posted total net revenue of $212.7 million in 2025, down from $237.6 million in 2024, a decline of roughly 10% year over More

Cumulus Media Plan Would Cancel Shares, Go Private

Cumulus Media

Cumulus Media's proposed Chapter 11 restructuring would eliminate existing shareholders and convert the company into a privately held broadcaster, according to the company's prepackaged Plan of Reorganization filed in U.S. Bankruptcy Court. Under the plan, all current equity interests in Cumulus Media More

Cumulus Files Chapter 11 to Cut $600 Million in Debt

Cumulus media

Cumulus Media has entered into a restructuring support agreement with a group of its lenders aimed at eliminating approximately $600 million in debt and strengthening the company's balance sheet. To implement the agreement, the company and certain subsidiaries filed prepackaged Chapter 11 petitions on More

Entravision Revenue Rises as Media Segment Declines

Entravision

Entravision Communications reported higher overall revenue for the fourth quarter and full year of 2025, driven by strong growth in its advertising technology business, while its traditional media segment declined due largely to lower political advertising. According to the company's earnings release, More

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