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August 2026

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Radio Business News

Cumulus, Zimmer Urge FCC to End Radio Ownership Caps

Cumulus Media and Zimmer Radio

Cumulus Media and Zimmer Radio of Mid-Missouri are urging the Federal Communications Commission to eliminate its local radio ownership limits, arguing in separate ex parte meetings that rules unchanged since 1996 no longer reflect today's competitive audio and advertising marketplace. The filings come as More

FCC Seeks Comment on Political Ad Rate Challenge

Federal Communications Commission (FCC)

The Federal Communications Commission (FCC) is seeking comment on an application asking the agency to overturn Media Bureau guidance concerning which political advertisers are entitled to broadcasters' lowest unit charge rates. The challenge was filed by Democratic candidates Sherrod Brown, Jon Ossoff, More

BIA Raises 2026 Local Ad Forecast to $186.1 Billion

BIA Advisory Services

BIA Advisory Services has raised its 2026 U.S. Local Advertising Forecast to $186.1 billion, an increase of $1.6 billion from its April projection of $184.5 billion, with higher political advertising and continued mobile growth driving the revision. BIA's April forecast had projected $184.5 billion in total More

House Sets Vote on AM Radio for Every Vehicle Act

AM Radio for Every Vehicle Act

The AM Radio for Every Vehicle Act is headed to the House floor for a standalone vote during the week of Sept. 14, marking a significant step forward for legislation that would require automakers to keep AM radio in new vehicles. House Majority Leader Steve Scalise (R-LA) has More

MARC Media to Acquire Three Brevard Stations

MARC Media

MARC Media Group is expanding its Florida radio holdings with an agreement to acquire three Brevard County stations from Cumulus Media. The deal includes CHR WAOA-FM (107.1 A1A), Country WHKR-FM (102.7 The HitKicker) and Classic Rock WROK-FM (95.9 The Rocket). MARC will begin More

Riverfront Closes on Six South Dakota Stations

Riverfront Broadcasting

Riverfront Broadcasting has closed on its acquisition of six South Dakota radio stations from Connoisseur Media, expanding the company's portfolio of locally focused stations in the region. The transaction includes KDLO-FM, KIXX-FM, KSDR-AM, KSDR-FM and KWAT-AM in Watertown, More

Connoisseur Media Sells Four in Minnesota to Hometown

Connoisseur Media

Connoisseur Media has agreed to sell four stations serving Austin and Albert Lea, MN, to Hometown Broadcasting of Austin and Albert Lea, LLC. The deal includes KAUS-AM and KAUS-FM in Austin and KATE-AM and KCPI-FM in Albert Lea. The transaction is subject to FCC approval and is expected to close in early More

Second Circuit Mandate Restores Cumulus Injunction

Cumulus Media and Nielsen

The U.S. Court of Appeals for the Second Circuit has formally issued its mandate in Cumulus Media's antitrust case against Nielsen, putting the preliminary injunction against Nielsen's Network Policy back into effect and ending the stay that had remained in place during the appeal. The mandate was issued More

FCC Settles Kentucky Stations Compliance Case

Federal Communications Commission

The FCC's Media Bureau has reached a Consent Decree with Morgan County Industries resolving a series of rule violations involving four Kentucky radio stations, including late license renewal filings, periods of silence and reduced-power operation without required authority and deficiencies in the stations' More

Beasley Regains Compliance with Nasdaq Listing Rule

Beasley Broadcast Group

Beasley Broadcast Group has regained compliance with Nasdaq's minimum stockholders' equity requirement, resolving a listing issue disclosed earlier this year. In an SEC Form 8-K filing, Beasley said it received written notice from the Nasdaq Listing Qualifications Department on August 19 confirming that More

Salem Media Goes Private Following WaterStone Deal

Salem Media

Salem Media has completed its acquisition by The Christian Community Foundation, Inc., doing business as WaterStone, taking the Christian and conservative media company private. WaterStone acquired all outstanding shares of Salem Media common stock for $1 per share, representing approximately a 250% premium More

Court Denies Nielsen Rehearing Bid in Cumulus Case

Nielsen and Cumulus Media

The U.S. Court of Appeals for the Second Circuit has denied Nielsen's request for rehearing in its legal battle with Cumulus Media, leaving intact the court's earlier ruling in favor of the broadcaster. In a one-page order issued August 18, the court denied Nielsen's petition for both panel rehearing and More

iHeart Study Finds Gen Z Turning to Radio for Connection

iHeartMedia

New research from iHeartMedia suggests Gen Z's desire for community and shared experiences is helping drive engagement with broadcast radio, particularly when young listeners are with friends and family. The study, conducted by Critical Mass Media, examined Gen Z's relationship with audio and found that More

Cumulus Revenue Falls 9.7% in Second Quarter

Cumulus Media

Cumulus Media reported second quarter 2026 net revenue of $167.9 million, down 9.7% from $186.0 million a year ago, as declines in its broadcast radio business continued to weigh on results. The company posted a net loss of $9.2 million, compared with a loss of $12.8 million in the year-ago quarter. Adjusted More

Saga Q2 Revenue Falls 6.5% to $26.4 Million

Saga Communications

Saga Communications reported second quarter 2026 net revenue of $26.4 million, down 6.5% from $28.2 million in the same period a year ago. Station operating income fell 50.6% to $3.0 million. Station operating expenses increased 5.4% to $23.4 million, or 3.9% excluding non-cash More

K-LOVE Inc. Closes on Acquisition of WZBA in Baltimore

WZBA in Baltimore

K-LOVE, Inc. has closed on its previously announced acquisition of Classic Rock WZBA-FM (100.7 The Bay) and two associated FM translators serving the Baltimore market from Shamrock Communications. The transaction includes WZBA-FM (100.7 MHz) licensed to Westminster, MD, along with translators W261CD More

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