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January 2026

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Radio Business News

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

iHeartMedia Q4 Revenue Up, Podcast Growth Continues

iHeartMedia

iHeartMedia, Inc. reported fourth-quarter revenue of $1.13 billion, up 0.8% from a year ago, with growth driven by its Digital Audio Group, particularly podcasting. Excluding political advertising, fourth-quarter revenue rose 7.7% year over year. Consolidated Adjusted EBITDA totaled $220.3 million, down More

Connoisseur Media Closes MO, MN, SD Station Sales

Connoisseur Media

Connoisseur Media has completed the sale of multiple radio outlets in Missouri, Minnesota and South Dakota, transferring the properties to regional broadcast operators in three separate transactions brokered by Kalil & Co., Inc. The largest deal involves the sale of 17 stations and translators across More

FCC Plans First Reserved-Band FM Translator Window

Federal Communications Commission

The Federal Communications Commission is moving to bolster noncommercial broadcasting by outlining plans for the first-ever filing window for new FM translator construction permits in the reserved portion of the FM band. In a Public Notice adopted February 18 (FCC 26-10), the Commission directed its More

Auddia to Merge With Thramann, Rebrand as MCFN

Auddia

Auddia Inc. has signed a definitive merger agreement with Thramann Holdings, LLC, advancing a previously announced letter of intent from August 2025 and setting the stage for a rebranding and corporate restructuring in the second quarter of 2026. Under the agreement, Auddia will More

FCC Moves to Revoke Licenses of Sovereign Communications

Federal Communications Commission (FCC)

The Federal Communications Commission has launched a license revocation proceeding against Sovereign Communications, LLC, the Sault Ste. Marie, MI-based broadcaster led by William C. Gleich, who is professionally known as Bill Curtis, and his business partner Tim Sabean. In an Order to Pay or Show Cause More

MARC Expands with Lakeland Station Purchase

MARC Radio

MARC Radio Group is expanding its footprint in Central Florida with the acquisition of several stations serving the Lakeland-Winter Haven market. The company announced it has agreed to purchase Country WPCV-FM (97.5), Adult Hits WONN (1230), W296CS (107.1) and W240DB (95.9), along with Talk WLKF-AM (1430) More

FCC Orders Steve Hegwood Stations to Pay Fees

Federal Communications Commission

The FCC has ordered two Georgia FM stations owned by radio executive Steve Hegwood to pay outstanding regulatory fees or face possible license revocation. In separate Orders to Pay or to Show Cause released February 11, the FCC said Core Communicators North LLC and Core Communicators South LLC -- More

Urban One Amends ABL, Regains Nasdaq Compliance

Urban One

Urban One has amended its existing asset-based lending facility and regained compliance with Nasdaq's minimum bid price requirement, according to a Form 8-K filed with the Securities and Exchange Commission. The Silver Spring, MD-based broadcaster entered into a First Amendment More

Digital Ads Reach $2.3 Billion, Stabilizing Radio Revenue

Radio Advertising Bureau (RAB)

Digital advertising revenue totaled $2.3 billion in 2025, accounting for nearly one-quarter of all radio industry ad sales and helping stabilize overall revenue, according to the 14th Annual Digital Benchmarking Report from Radio Advertising Bureau (RAB), produced by Borrell Associates Inc. The report More

MARC Radio Expands Florida Footprint With Five Stations

MARC Radio

MARC Radio has expanded its Florida presence with the acquisition of five mid-coastal radio stations stretching from Melbourne to Stuart, extending the company's reach to more than 100 miles along Interstate 95. The deal brings MARC Radio's total station count to 16 and adds a mix of AC, Country, and More

SiriusXM Reports $8.56B 2025 Revs, $1.26B Free Cash Flow

SiriusXM

SiriusXM Holdings reported fourth-quarter and full-year 2025 results, posting full-year revenue of $8.56 billion, down 2% from 2024, while delivering net income of $805 million and free cash flow of $1.26 billion, a 24% increase year over year. Fourth-quarter revenue totaled $2.19 More

NRG Media to Sell Omaha Cluster to Usher Media

NRG Media

NRG Media LLC has signed a contract and is filing an application with the FCC for the transfer of five radio outlets in Omaha-Council Bluffs to Usher Media LLC. Included in the deal are 5kW KOIL-AM (1290)/Omaha, 25kW KOPW-FM (106.9)/Plattsmouth, 10kW KOZN-AM (1620) & 25kW KZOT-AM More

FCC Designates El Paso Radio Station Transfer for Hearing

Federal Communications Commission

The FCC has designated a proposed transfer of control involving three El Paso radio stations for hearing, citing substantial and material questions about unauthorized control, foreign ownership compliance, and possible misrepresentation to the agency. In a Hearing Designation Order released January 23, More

Ocean State Media to Acquire 103.7 FM, Streamline Coverage

Ocean State Media

Ocean State Media has reached an agreement to acquire WVEI-FM (103.7) in Westerly, RI, a move that would allow the public media organization to consolidate its radio operations onto a single statewide FM signal, pending approval from the FCC. The station is being acquired from More

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