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October 2025

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Radio Business News

iHeartMedia Q3 Revs Slip 1%, Digital Audio Up 14%

iHeartMedia

iHeartMedia reported third quarter 2025 revenue of $997 million, down 1.1% from the prior year. Excluding political advertising from the 2024 election cycle, revenue increased 2.8%. The company posted a GAAP operating loss of $116 million compared to operating income of $77 million a year ago, including $209 More

Beasley Q3 Revs Fall 12%, Digital Now 25% of Total Sales

Beasley Media Group

Beasley Broadcast Group reported third quarter 2025 net revenue of $51 million, down 12.4% from $58.2 million in the same period last year, reflecting continued softness in agency advertising offset by gains in digital and local direct sales. The company posted an operating loss More

Salem Media Group Reports $2.3 Million Q3 Loss

Salem Media Group

Salem Media Group reported a net loss of $2.3 million for the third quarter ended September 30, as the company continued restructuring efforts and completed several major asset sales. The result compares to a $6.6 million loss in the same quarter a year ago. For the first nine months More

Townsquare Q3 Revenue Falls 7%, Digital Rises

Townsquare Media

Townsquare Media reported third quarter 2025 results showing total net revenue down 7.4% year-over-year to $106.8 million, reflecting declines in both digital and broadcast advertising. Excluding political advertising, net revenue fell 4.5%. The company posted a net loss of $5.5 million, compared More

Saga Posts Q3 Loss on Music Licensing Settlement

Saga Communications

Saga Communications reported a third-quarter net loss of $532,000, reversing a profit of $1.3 million in the same period last year, largely due to a retroactive music licensing settlement with ASCAP and BMI. Net revenue slipped 1.8% to $28.2 million, compared to $28.7 million a year More

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

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