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March 2026

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March 2026 Trends

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Radio Business News

Urban One Reports Q1 Revenue Decline, Lower Net Loss

Urban One

Urban One reported first-quarter 2026 net revenue of $77.7 million, down from $92.2 million a year earlier. The company posted a net loss attributable to common stockholders of $3.1 million, compared to a loss of $11.7 million in the first quarter of 2025. Operating loss for the More

Beasley Swings to Q1 Profit on Station Sale Gain

Beasley Broadcast Group

Beasley Broadcast Group reported first quarter 2026 net revenue of $42.6 million, down 12.9% from the same period a year ago, while the company posted a profit driven largely by gains tied to the sale of its stations in Fort Myers, FL. The company recorded operating income of More

Salem Media Cuts Q1 Loss, Revenue Declines

Salem Media

Salem Media reported a narrower net loss for the first quarter of 2026 as the company reduced operating expenses, though total revenue declined compared to the same period a year earlier. For the quarter ended March 31, Salem posted total net revenue of $45.9 million, down from $51.7 million in the first More

Connoisseur Sells Watertown Stations to Riverfront

Connoisseur Media

Connoisseur Media has agreed to sell its Watertown, South Dakota radio cluster to Riverfront Broadcasting in a deal expected to close later this summer pending FCC approval. The stations included in the transaction are KLDO-FM, KIXX-FM, KSDR-AM, KSDR-FM and KWAT-AM, all licensed to Watertown, along with More

Salem Media to Be Acquired by WaterStone

Salem Media

Salem Media has entered into a definitive agreement to be acquired by The Christian Community Foundation, a move that will take the company private and support its long-term growth across broadcast and digital platforms. Under the terms of the deal, WaterStone will purchase all outstanding shares of More

iHeart Q1 Revenue Up on Digital, Podcast Gains

iHeartMedia

iHeartMedia reported first quarter 2026 results showing revenue growth driven by its digital audio and podcasting businesses, despite declines in profitability and continued pressure on cash flow. The company posted total revenue of $884 million for the quarter ended March 31, up 9.6% from a year More

FCC Sets FM Auction for Early 2027 with 132 CPs

Federal Communications Commission (FCC)

The Federal Communications Commission has announced plans to hold an auction of FM radio construction permits beginning in February 2027, marking the first such auction since its authority to conduct them was restored. The auction, designated Auction 114, will make 132 FM construction permits available More

Townsquare Media Q1 Revenue Slips as Digital Grows

Townsquare Media

Townsquare Media reported first quarter 2026 results showing a slight decline in overall revenue, while its digital business continued to expand and account for a growing share of the company's operations. Net revenue for the quarter ended March 31 totaled $96.8 million, down 1.9% year-over-year. More

Cumulus Realigns Atlanta Signals, Sells 97.9

Cumulus Media

Cumulus Media has announced the pending sale of its 97.9 FM translator in Atlanta, alongside a series of frequency and HD channel changes aimed at improving signal efficiency and supporting long-term brand growth. As part of the realignment, W250BC (OG 97.9) Atlanta's Classic Hip Hop, will move from 97.9 More

Saga Q1 Revenue Falls, Net Loss Widens

Saga Communications

Saga Communications reported first quarter 2026 net revenue declined 5.6% to $22.9 million, down from $24.2 million in the same period a year ago. Station operating expense was essentially flat, decreasing 0.2% to $22 million. The company posted an operating loss of $3.3 million More

Borrell: Digital Ad Growth Slows, Share Battle Rises

Borrell

Local digital advertising is entering a slower growth phase after two decades of rapid expansion, according to the Borrell 2026 Annual Digital Benchmarking Report. The report finds year-over-year growth has dropped to low single digits and is expected to fall below 3% by 2029, marking the slowest More

Entravision Q1 Revenue Jumps on Ad Tech Growth

Entravision Communications Corporation

Entravision Communications Corporation reported first quarter 2026 results showing strong overall revenue growth driven by its advertising technology business. Consolidated net revenue rose 114% year-over-year to $196.9 million, fueled by a 204% increase in its Advertising Technology & Services (ATS) More

Urban One Expands Dallas Footprint with KKDA, KRNB

Urban One

Urban One has reached an agreement to acquire Service Broadcasting Group, including Dallas stations KKDA and KRNB, while also agreeing to sell KZMJ to Fuzion Dallas. Both transactions remain subject to approval by the FCC and customary closing conditions. The company said the More

SiriusXM Q1 Revenue Up, Profit Jumps 20%

SiriusXM

Sirius XM Holdings reported first-quarter 2026 revenue of $2.09 billion, up 1% year-over-year, while net income rose 20% to $245 million, according to its latest earnings release. Adjusted EBITDA increased 6% to $666 million, and free cash flow more than tripled to $171 million, More

Curtis Media to Acquire Coastal NC Radio Cluster

Curtis Media Group

A deal has been reached for Curtis Media Group to acquire a group of North Carolina radio outlets from Capitol Broadcasting Company, with an application to be filed with the FCC. The transaction includes 100kW WRMR-FM (98.7) in Jacksonville, NC; 0.8kW WMFD-AM (630) and translators W269DF-FX (101.7) and More

Cumulus Q1 Revenue Falls 12% Amid Restructuring

Cumulus Media

Cumulus Media reported first quarter 2026 results showing declines in revenue and adjusted earnings as the company continues through its Chapter 11 restructuring process. Net revenue for the quarter ended March 31 totaled $164.4 million, down 12.2% from $187.3 million in the same More

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