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March 2026

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March 2026 Trends

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Radio Business News

Saga Q1 Revenue Falls, Net Loss Widens

Saga Communications

Saga Communications reported first quarter 2026 net revenue declined 5.6% to $22.9 million, down from $24.2 million in the same period a year ago. Station operating expense was essentially flat, decreasing 0.2% to $22 million. The company posted an operating loss of $3.3 million More

Borrell: Digital Ad Growth Slows, Share Battle Rises

Borrell

Local digital advertising is entering a slower growth phase after two decades of rapid expansion, according to the Borrell 2026 Annual Digital Benchmarking Report. The report finds year-over-year growth has dropped to low single digits and is expected to fall below 3% by 2029, marking the slowest More

Entravision Q1 Revenue Jumps on Ad Tech Growth

Entravision Communications Corporation

Entravision Communications Corporation reported first quarter 2026 results showing strong overall revenue growth driven by its advertising technology business. Consolidated net revenue rose 114% year-over-year to $196.9 million, fueled by a 204% increase in its Advertising Technology & Services (ATS) More

Urban One Expands Dallas Footprint with KKDA, KRNB

Urban One

Urban One has reached an agreement to acquire Service Broadcasting Group, including Dallas stations KKDA and KRNB, while also agreeing to sell KZMJ to Fuzion Dallas. Both transactions remain subject to approval by the FCC and customary closing conditions. The company said the More

SiriusXM Q1 Revenue Up, Profit Jumps 20%

SiriusXM

Sirius XM Holdings reported first-quarter 2026 revenue of $2.09 billion, up 1% year-over-year, while net income rose 20% to $245 million, according to its latest earnings release. Adjusted EBITDA increased 6% to $666 million, and free cash flow more than tripled to $171 million, More

Curtis Media to Acquire Coastal NC Radio Cluster

Curtis Media Group

A deal has been reached for Curtis Media Group to acquire a group of North Carolina radio outlets from Capitol Broadcasting Company, with an application to be filed with the FCC. The transaction includes 100kW WRMR-FM (98.7) in Jacksonville, NC; 0.8kW WMFD-AM (630) and translators W269DF-FX (101.7) and More

Cumulus Q1 Revenue Falls 12% Amid Restructuring

Cumulus Media

Cumulus Media reported first quarter 2026 results showing declines in revenue and adjusted earnings as the company continues through its Chapter 11 restructuring process. Net revenue for the quarter ended March 31 totaled $164.4 million, down 12.2% from $187.3 million in the same More

Beasley Broadcast Completes Debt Restructuring Deals

Beasley Media Group

Beasley Broadcast Group announced it has completed its debt restructuring transactions following the expiration of its exchange offers. The company repurchased $15.9 million of its 11.000% Senior Secured First Lien Notes due 2028, leaving approximately $15 million outstanding. The More

SiriusXM, iHeartMedia in Early Merger Talks

SiriusXM and iHeartMedia

Early-stage discussions are underway between SiriusXM and iHeartMedia regarding a potential merger or acquisition that could reshape the U.S. audio industry, according to multiple media reports. The talks, first reported by Bloomberg and confirmed by outlets including The New York Times, remain More

iHeartMedia, Urban One, Entravision Set Q1 Calls

Entravision, iHeartMedia and Urban One

iHeartMedia, Urban One and Entravision have announced upcoming dates for their first-quarter 2026 financial results and investor calls. Entravision will be first to report, with plans to release its Q1 results after market close on May 5, followed by a webinar at 4:30 p.m. ET that will include a More

Judge OKs Cumulus Plan, Cuts Debt by $592 Million

Cumulus Media

A federal bankruptcy judge has approved Cumulus Media's prepackaged Chapter 11 reorganization plan, clearing the company to reduce its funded debt by approximately $592 million and move toward emergence as a private entity. Alfredo R. Perez, presiding in the US Bankruptcy Court for the Southern District More

Radio Deals Hit $55.9 Million YTD, Led by Lincoln Sale

BIA Advisory Services

BIA Advisory Services has released its updated March 2026 Broadcast Media Transactions Report, showing continued deal activity across the radio sector both for the month and year-to-date. According to BIA, radio transactions totaled $25.0 million in March, spanning 60 station sales. Year-to-date, radio More

Cumulus Media Q4 Revenue Falls 14%, EBITDA Drops

Cumulus Media

Cumulus Media reported declines in revenue and profitability for both the fourth quarter and full year 2025, reflecting continued pressure on its core broadcast business as the company moves through a financial restructuring. For the fourth quarter ended December 31, 2025, the company posted net revenue More

ESPN Arkansas Expands with 93.7 FM Acquisition

ESPN Arkansas

Pearson Broadcasting of Northwest Arkansas and the Baker Family Trust have reached a definitive agreement to transfer the 93.7 FM frequency, currently home to KISR (Kisser 93), to Pearson Broadcasting. Under the agreement, KISR will shift from 93.7 FM to 93.1 FM and continue More

TelevisaUnivision Launches Tender Offer for Notes

TelevisaUnivision

TelevisaUnivision has announced that its subsidiary, Univision Communications Inc., has commenced a cash tender offer to purchase a portion of its outstanding 8.000% senior secured notes due 2028. The company said the offer will cover up to a maximum principal amount based on the net proceeds it expects More

BIA Raises 2026 Ad Forecast, Radio Holds Steady

BIA Advisory Services

BIA Advisory Services has increased its 2026 U.S. local advertising forecast, projecting total spending to reach $184.5 billion, an 8.1% year-over-year gain, with radio maintaining a stable position in a rapidly evolving media mix. The revised outlook reflects stronger-than-expected growth in digital More

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