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October 2025

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Radio Business News

Urban One Posts Narrower Quarterly Loss, Revs Fall 16%

Urban One

Urban One reported a smaller net loss for the third quarter of 2025 as the company continued to absorb the impact of a challenging advertising market and recent impairment charges tied to its radio broadcasting assets. For the quarter ended September 30, the company posted a net loss More

Entravision Q3 Revs Up 24% on Surging Ad Tech Growth

Entravision Communications

Entravision Communications reported a 24% year-over-year increase in consolidated net revenue for the third quarter of 2025, driven by strong performance in its Advertising Technology & Services (ATS) segment, which more than doubled revenue compared to the prior year. The company's ATS segment posted a More

Mix Maine Media Acquires Bangor Rocker WKIT-FM

Mix Maine Media

Mix Maine Media, led by owner and president Jay Hanson, has announced the purchase of Bangor's Rock WKIT (100.3) from Rock Lobster Radio LLC. The company will begin operating WKIT on November 1 under a Local Marketing Agreement (LMA), with FCC approval expected More

Cumulus Reports $180.3M Q3 Revenue, $20.4M Net Loss

Cumulus Media

Cumulus Media reported third quarter 2025 results that reflected ongoing softness in the advertising market but continued gains in digital services and cost reduction initiatives. The company posted total net revenue of $180.3 million, down 11.5% from $203.6 million in Q3 2024. Net loss widened to $20.4 More

SiriusXM Lifts 2025 Outlook After Strong Q3 Performance

SiriusXM

SiriusXM reported third-quarter 2025 revenue of $2.16 billion, down 1% from a year ago, but returned to profitability with net income of $297 million, compared to a $2.96 billion loss in the same quarter of 2024. The prior-year loss included a $3.36 billion noncash goodwill More

Bustos Media Closes on Olympia's KXXO (Mixx 96.1)

Bustos Media

Bustos Media Holdings, LLC has completed its purchase of KXXO-FM (Mixx 96.1) in Olympia, WA from 3 Cities, Inc. The seller, 3 Cities, Inc., is a Washington-based company led by David Rauh and Toni C. Holm. Since its launch in 1990, Mixx 96.1 has been a locally owned and operated More

Cumulus Sues Nielsen Over Alleged Ratings Monopoly

Cumulus Media and Nielsen

Cumulus Media has filed a federal antitrust lawsuit against The Nielsen Company, accusing the ratings giant of abusing its market dominance to force broadcasters into buying unwanted data and suppressing competition in the radio audience measurement industry. The complaint, filed October 16 in the U.S. More

WBOC Finalizes $11 Million Deal for Forever Media Stations

Draper Media

WBOC Inc., controlled by Draper Holdings, has completed its $11 million cash purchase of five Forever Media radio stations serving Delaware and Maryland. The acquisition includes WDEL-AM & FM and WSTW-FM in Wilmington, WXCY-FM in Havre De Grace, and WCEI-FM and WINX-FM in Easton. The transaction expands More

CM to Acquire Bonneville's San Francisco Stations

Connoisseur Media

Connoisseur Media announced Tuesday it had entered into an agreement to acquire Bonneville International Corporation's San Francisco stations, including KUFX, KBLX, KMVQ (99.7 NOW), and KOIT. The deal, pending FCC approval, is expected to close later this year. Terms were not immmediately disclosed. The More

FCC Opens Review of Broadcast Ownership Rules

Federal Communications Commission (FCC)

The Federal Communications Commission (FCC) has voted to advance its quadrennial review of broadcast ownership rules, launching a Notice of Proposed Rulemaking (NPRM) to gather public comment on whether existing regulations remain necessary in today's media landscape. By law, the FCC must review certain More

Urban One Study Shows Black Culture Defines U.S. Trends

Urban One

Urban One has released a new research study that quantifies the impact of Black culture on mainstream America, concluding that Black culture is not only influencing but defining U.S. cultural trends. The proprietary study, Influence to Impact: Black Culture's Role in Brand Growth, More

EMF Completes $8M Deal for Tampa's 98.7 The Shark

Educational Media Foundation (EMF)

Educational Media Foundation (EMF) has finalized its $8 million purchase of Classic Rock WPBB-FM (98.7 The Shark) in Tampa, FL, from Beasley Media Group. EMF currently operates KLOVE and Air1 stations across the U.S. Michael J. Bergner of Bergner & Co. brokered the transaction. More

Nielsen: Radio Reaches 93% of U.S. Hispanics Monthly

Nielsen

Nielsen's 2025 Hispanic Diverse Intelligence Series underscores radio's continued importance among Hispanic audiences, even as streaming and social platforms dominate overall media habits. According to the report, radio reached 93% of Hispanics each month in the first quarter of More

SBS Q2 Revenue Falls 14%, Digital Platforms Expand

Spanish Broadcasting System (SBS)

Spanish Broadcasting System reported second quarter 2025 results, showing declines in revenue and operating income but continued growth across its digital platforms. Net revenue for the quarter ended June 30 fell 14% to $34.4 million, compared to $40.0 million in the prior-year More

House Democrats Seek FCC IG Probe Into Chairman Carr

U.S. Congress

Three senior House Democrats are calling for an Inspector General investigation into Federal Communications Commission (FCC) Chairman Brendan Carr, accusing him of abusing his authority to pressure broadcasters into suspending late-night host Jimmy Kimmel's show. Communications and Technology More

FCC's Anna Gomez Slams ABC's Kimmel Suspension

FCC Commissioner Anna M. Gomez

FCC Commissioner Anna M. Gomez condemned ABC's decision to suspend Jimmy Kimmel Live! and warned that political pressure on broadcasters threatens First Amendment protections, arguing the FCC "does not have the authority, the ability, or the constitutional right to police content or punish broadcasters for More

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