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Radio Business News

Entravision Q3 Revenue Jumps 88%, Returns to Profit

Entravision Communications

Entravision Communications reported third-quarter net revenue of $226.3 million, up 88% from $120.6 million a year earlier, driven by rapid growth in its advertising technology business and increased political advertising in its Media segment. Net income totaled $19.0 million, or 18 cents per diluted More

Townsquare Q3 Revenue Rises 3.9%, Suspends Dividend

Townsquare Media

Townsquare Media reported third-quarter net revenue of $110.9 million, up 3.9% from $106.8 million a year earlier, as digital advertising growth and political spending offset weakness in its subscription digital marketing business. The company also announced it is suspending its quarterly More

Xperi Q3 Revenue Rises 2.2%, AutoStage Expands Reach

Xperi

Xperi reported third-quarter revenue of $114 million, up 2.2% from $111.6 million a year earlier, as growth in advertising and related revenue helped double its Media Platform revenue. The company also expanded its DTS AutoStage broadcaster services and reported additional automotive More

Civic Media's IA, IL Station Deals Total $3.3 Million

Civic Media

Civic Media's planned acquisition of 16 radio signals in Iowa and Illinois carries a combined purchase price of $3.3 million, according to asset purchase agreements filed with the FCC. Financial terms were not disclosed when the transactions were announced in October. Under More

K-Love Closes Purchase of KNTI-FM in Lakeport, CA

K-Love

Bicoastal Media has closed on the sale of KNTI-FM in Lakeport, CA, to K-Love, Inc. Financial terms were not disclosed. Kalil & Co. served as the exclusive broker for the transaction. KNTI broadcasts at 99.5 MHz with 2.45 kW of power and an antenna height above average terrain of 1,896 feet. Oregon-based More

Benne Acquires KMMO From Missouri Valley Broadcasting

KMMO-AM & FM in Marshall-Sedalia, MO

Benne Media has acquired KMMO-AM & FM in the Marshall-Sedalia, MO area from Missouri Valley Broadcasting, ending more than 40 years of ownership by the seller. The sale closed November 2, and the ownership transition is underway. Financial terms were not disclosed. Denny Benne's More

FCC Seeks Comment on FM Short-Spacing Rule Petition

Federal Communications Commission (FCC)

The FCC's Media Bureau is seeking public comment on a petition that would give FM broadcasters additional flexibility to relocate transmission facilities from aging towers or lost tower sites while maintaining interference protections for other stations. The Bureau opened MB Docket No. 26-303 in an More

iHeartMedia Sets Third Quarter Earnings Call for Nov. 9

iHeartMedia

iHeartMedia has announced that it will release its financial results for the third quarter ended September 30 on Monday, November 9. The company will host a conference call at 4:30pm ET following the earnings release to discuss its quarterly financial performance and business outlook. Investors and More

Westwood One Study Challenges Eight AM/FM Radio Myths

Cumulus Media | Westwood One

A new analysis from Cumulus Media's Westwood One Audio Active Group challenges eight common advertiser perceptions about AM/FM radio, citing research that shows the medium continues to deliver substantial audience reach, advertising effectiveness and return on investment. In the latest Audio Active Group More

Cumulus Media Emerges from Chapter 11 Bankruptcy

Cumulus Media

Cumulus Media has completed its financial restructuring and emerged from Chapter 11 bankruptcy protection as a privately held company, eliminating approximately $550 million in debt and significantly strengthening its balance sheet. The company announced that it received all required approvals, including More

Gap Broadcasting to Acquire Texarkana Stations for $300K

Gap Broadcasting

George Laughlin's Gap Broadcasting has reached an agreement to acquire six radio stations and five FM translators serving the Texarkana, TX-AR market from BTC USA Holdings Management and Frontier Media for $300,000. The properties are being sold through a court-supervised More

York Professional Baseball to Acquire Three Stations

York Revolution

York Professional Baseball Club (YPB), operator of the York Revolution baseball team, has reached an agreement to acquire three York, PA-area radio stations from Forever Media. The transaction includes WGTY-FM (Froggy 107.7), WYCR-FM (Rocky 98.5) and WHVR (Happy 92.7), expanding More

Urban One Sets Third Quarter Earnings Call for Nov. 10

Urban One

Urban One has scheduled a conference call for Tuesday, November 10, 2026, at 10am ET to discuss its financial results for the third quarter of 2026. The call will be open to investors, analysts and other interested parties. U.S. participants can dial toll-free 888-596-4144, while More

Civic Media to Acquire 16 Signals in Iowa, Illinois

Civic Media

Civic Media, Inc. has reached an agreement to acquire 16 radio signals in Iowa and Illinois from Pritchard Broadcasting Corp., Titan Broadcasting, LLC and Galesburg Broadcasting Company. Financial terms of the agreement were not disclosed. The acquisition would expand the More

BIA Forecast Sees Radio Digital Growth in 2027

BIA Advisory Services

Local radio advertising revenue is projected to decline in 2027 as political spending subsides, but continued digital growth and opportunities in key advertiser categories offer reasons for optimism, according to BIA Advisory Services. In a post on the Radio Advertising Bureau's (RAB) "This is Radio" More

Broadcast Communications to Acquire WOGG, WPKL

Broadcast Communications, Inc.

Broadcast Communications, Inc. has agreed to acquire WOGG-FM (Froggy 94.9) and WPKL-FM (Pickle 99.3) from Forever Media for $995,000. WOGG, licensed to Oliver, PA, operates at 94.9 MHz with 1.95 kW and airs a Country format as Froggy 94.9. WPKL, licensed to Uniontown, PA, More

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