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July 2026

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Radio Business News

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

Beasley Q2 Revenue Falls, Adjusted EBITDA Rises

Beasley Broadcast Group

Beasley Broadcast Group reported second-quarter 2026 net revenue of $44.1 million, down from $53.0 million a year earlier, while Adjusted EBITDA increased to $5.3 million from $4.7 million. On a same-station basis, revenue declined 9.6%, reflecting continued weakness in traditional national and local More

Salem Media Narrows Q2 Loss as Revenue Falls 15%

Salem Media

Salem Media reported a sharply reduced net loss for the second quarter of 2026 despite a 15% decline in revenue, as lower operating expenses and impairment charges helped improve the company's bottom line. For the three months ended June 30, Salem posted total net revenue of $45.9 million, down 15.2% More

iHeartMedia Q2 Revenue Rises 4.7% to $977 Million

iHeartMedia

iHeartMedia reported second-quarter 2026 revenue of $977.2 million, an increase of 4.7% from $933.7 million a year earlier, as continued growth in its digital and podcast businesses offset weakness in its Multiplatform Group. Excluding political advertising, consolidated revenue increased 3.5%. GAAP More

Entravision Q2 Revenue Jumps 126% on Ad Tech Growth

Entravision Communications

Entravision Communications reported second-quarter 2026 net revenue of $227.9 million, up 126% from $100.7 million in the same period last year, driven by rapid growth in its Advertising Technology & Services business. The company's Advertising Technology & Services segment generated $182.8 million in More

Townsquare Q2 Digital Growth Offsets Broadcast Decline

Townsquare Media

Townsquare Media reported second quarter 2026 results that met its previously issued guidance, as accelerating digital advertising growth helped offset continued weakness in broadcast advertising. The company posted second-quarter net revenue of $115.4 million, essentially flat from a year More

Magnum to Acquire Sparta-Tomah Radio Outlets

Magnum Media

Magnum Communications has reached an agreement to acquire four western Wisconsin radio outlets from Sparta-Tomah Broadcasting Co., with an application for the sale to be filed with the FCC. The transaction includes Country WCOW-FM (97.1), News/Talk WKLJ-AM (1290), translator More

Family Life to Acquire WOGI-FM for $1 Million

Family Life Radio

Family Life has reached an agreement to acquire Country WOGI-FM (104.3) in Moon Township, PA, and Pittsburgh translator W288BO (105.5) from Forever Media for $1 million. WOGI-FM operates with 13,000 watts and serves the greater Pittsburgh area. The acquisition will add the station More

Urban One Posts Lower Q2 Revenue, Narrows Loss

Urban One

Urban One reported lower second-quarter revenue as advertising softness continued across several business segments, though the company significantly reduced its net loss and said revenue trends improved sequentially from the first quarter. For the quarter ended June 30, Urban One More

Beasley Sells Charlotte, Las Vegas FMs to EMF

Beasley Media Group

Beasley Media Group has entered into a definitive asset purchase agreement to sell CHR WNKS-FM (KISS 95.1) in Charlotte, NC, and the Alternative KXTE-FM signal in Las Vegas to Educational Media Foundation (EMF), with both transactions expected to close in mid-October pending FCC approval. As part of the More

Curtis Media Closes on Coastal NC Radio Cluster

Curtis Media Group

Curtis Media Group has closed on it's previously announced acquisition of a group of North Carolina radio outlets from Capitol Broadcasting Company. The transaction includes 100kW WRMR-FM (98.7) in Jacksonville, NC; 0.8kW WMFD-AM (630) and translators W269DF-FX (101.7) and W240AS-FX (95.9) in Wilmington, More

Amie Pollard Acquires Heritage WOOF Stations

Amie Pollard

Veteran broadcaster Amie Pollard has acquired Dothan, AL heritage stations WOOF-FM (99.7) and WOOF-AM (560), along with FM translators W261AT (100.1) and W296DQ (107.1), through her newly formed AMP Media LLC. The acquisition marks a milestone for the nearly 80-year-old stations, making Pollard only the More

Audacy to Receive $20 Million for St. Louis Cluster

Audacy

Audacy will receive $20 million for the sale of its six-station St. Louis radio cluster to Hoffmann Media Group, according to an asset purchase agreement filed with the Federal Communications Commission. The filing provides the first public disclosure of the transaction's financial terms since the More

FCC, iHeart Reach Deal on Payola Safeguards

Federal Communications Commission

The FCC has reached a consent decree with iHeartMedia resolving an investigation into the company's compliance with federal payola rules, establishing new reporting, training and disclosure requirements aimed at protecting artists from improper pressure tied to radio airplay and live event appearances. More

Hoffmann Media Group to Acquire Audacy St. Louis Cluster

Audacy

Audacy has reportedly agreed to sell its six-station St. Louis radio cluster to Hoffmann Media Group, marking the family-owned company's first entry into radio broadcasting and adding one of the nation's most recognizable news/talk brands, KMOX-AM & FM (1120/104.1), to its expanding media portfolio. The More

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