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Beasley Q3 Revenue Falls 16.1%, Net Loss Widens


Beasley Media
Beasley Media

Beasley Broadcast Group reported third-quarter net revenue of $42.8 million, down 16.1% from $51 million a year earlier. The company's net loss widened to $12.1 million, or $6.51 per diluted share, from $3.6 million, or $1.97 per diluted share. Adjusted EBITDA fell to $1.3 million from $3.9 million.

Revenue declined 10.2% on a same-station basis in the quarter ended September 30. Beasley cited continued weakness in traditional national and local agency advertising, partly offset by a 7% increase in same-station local direct revenue and contributions from political advertising. Local revenue, including digital packages sold locally, fell 6% and accounted for 76% of net revenue.

Digital revenue declined 24% to $9.8 million, or 12.3% on a same-station basis, and accounted for 23% of net revenue. The digital segment's operating margin rose to 32% from 21% a year earlier, or 26% on a same-station basis.

The operating loss widened to $12.8 million from $500,000. Operating expenses, excluding corporate expenses, depreciation and amortization, fell 15.1%, or about $7 million. Station operating income was $3.6 million, for a margin of 8.5%.

"The structural cost reductions implemented over the past two years are helping us protect profitability amid continued revenue pressure, while our digital business is generating stronger operating margins," said CEO Caroline Beasley. She said the company remains focused on rebuilding core revenue, improving cash flow and reducing debt.

For the first nine months of 2026, net revenue fell to $129.5 million from $152.9 million, and Adjusted EBITDA declined to $5.4 million from $9.7 million. Beasley reported net income of $75.4 million, compared with a $6.4 million loss a year earlier. Same-station digital revenue increased 4.4% over the nine-month period.

After the quarter closed, Beasley completed the sale of two radio stations and two parcels of real estate, generating more than $10 million in net proceeds. The company said the outstanding principal on its first-lien notes had been reduced to about $3.6 million.

Westwood One Network Formats VP/GM George King Exits


George King
George King

George King has exited Cumulus Media's Westwood One, where he served as Vice President and General Manager of Network Formats. His departure ends a 12-year run with the network. He joined Westwood One in September 2014 as Vice President of Programming for Network Formats, overseeing its 24-hour Country formats, which at the time aired on nearly 700 stations.

King was promoted to Vice President and General Manager of the 24-Hour Formats division in July 2019, adding responsibility for programming and affiliate management across all formats while continuing to oversee Country.

Before joining Westwood One, King held operations and regional Country programming roles at Townsquare Media. His earlier programming and operations stops included KNIX in Phoenix, KCYY in San Antonio and WMZQ in Washington, DC.

Mike Moore Exits as Program Director of WKHX Atlanta


Mike Moore
Mike Moore

Mike Moore has left Cumulus Media after seven years as Program Director of Country WKHX-FM (New Country 101Five) in Atlanta. The veteran programmer was inducted into the Country Radio Hall of Fame in 2024.

Moore joined WKHX in October 2019, when the station was known as "Kicks 101.5." He came from Entercom in Portland, OR, where he served as Vice President of Programming for the cluster and spent 16 years as Program Director of Country KWJJ-FM (99.5 The Wolf). He also served as Entercom's Director of Country Programming for 13 years.

His earlier programming stops included WWKA-FM in Orlando, WWYZ in Hartford and WSIX-FM in Nashville.

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RAB, Borrell to Preview 2027 Digital Ad Outlook


Gordon Borrell
Gordon Borrell

RAB and Borrell Associates will examine what's driving digital revenue growth for radio stations and preview the 2027 advertising outlook in a live presentation Wednesday, November 18, at noon CT/1pm ET. The session, "Digital Progress Report for 2026 - What to Expect in 2027," is complimentary for RAB members.

Borrell Associates CEO Gordon Borrell will assess how radio's digital revenue is tracking against his firm's initial forecast of 9.5% growth in 2026. With some stations reporting growth at roughly twice that rate, he will discuss the sales strategies behind those gains and share data on how sales opportunities are shifting from retailers to service businesses.

Attendees will get an early look at 2027 forecasts for radio and digital advertising, including projected ad spending for every U.S. market. The session is the first in a series focused on revenue growth in 2027 and 2028.

RAB and Borrell Associates also plan to launch the industry survey for their 2027 Digital Benchmark Report later in November.

Register here.

Bob Moore, Executive Who Shaped KLSX, Dies


Bob Moore
Bob Moore

Bob Moore, the Los Angeles radio executive who helped turn KLSX from Classic Rock into one of the country's top-billing FM Talk stations, died Tuesday, November 10, at Cedars-Sinai Medical Center in Los Angeles.

A native of Oshkosh, WI, Moore oversaw KHTZ, KLSX and KRLA during his tenure with Greater Media and helped establish KLSX's Classic Rock format in 1986. In 1991, he joined Westwood One as Executive Vice President of its Stations Group, overseeing Los Angeles' KQLZ, known as "Pirate Radio."

Moore returned to KLSX and KRLA in late 1994. In August 1995, he helped move KLSX to an entertainment-oriented FM Talk format built around humor, personalities and everyday life. The initial lineup included Howard Stern, Kato Kaelin, Susan Olsen, Ken Ober and "The Regular Guys." Tom Leykis and Adam Carolla later became part of the station's lineup.

By 2000, Radio & Records had recognized Moore as one of the industry's standout general managers, noting that KLSX had become one of the nation's 10 highest-billing radio stations. Moore went on to hold senior management roles at CBS Radio.

Moore is survived by his wife, Helen, daughter Daron, son-in-law Dan, grandchildren Bode and Jovi, and his dog, Lupin.

SiriusXM Names William Twomey Chief Accounting Officer


SiriusXM
SiriusXM

Sirius XM Holdings has named William Twomey Senior Vice President and Chief Accounting Officer, effective December 1. The company disclosed the appointment in a Form 8-K dated November 13. Twomey will serve as SiriusXM's principal accounting officer.

Twomey, 51, has served as Vice President and Chief Accounting Officer of Xerox Holdings since February 2025. He previously spent 10 years at Paramount Global, most recently as Senior Vice President of Global Accounting Operations. He also held accounting roles at Trusted Media Brands and Focus Financial Partners and began his career at PricewaterhouseCoopers, where he was an audit manager.

Under his offer letter, Twomey will receive a $450,000 annual base salary and be eligible for a target annual bonus of $225,000, or 50% of his base pay. He will also receive a $75,000 cash signing bonus, subject to repayment if he resigns or is terminated for cause before his first anniversary. A proposed $500,000 signing award in restricted stock units would vest annually over three years, subject to approval by the board or its compensation committee.

Nashville's Totally Hits 93.3 Flips to Santa FM


W227DC (Totally Hits 93.3) in Nashville
W227DC (Totally Hits 93.3) in Nashville

Cromwell Media's W227DC (Totally Hits 93.3) in Nashville switched to all-Christmas music on Friday, November 13, rebranding as "93.3 Santa FM" through Christmas Day.

The station is playing a mix of Christmas classics and contemporary holiday favorites, with Santa Claus voicing its station IDs and on-air sweepers.

"Some people are afraid of Friday the 13th. We figured it was the perfect day to kick off the most wonderful time of the year," said Chris Atticus, Cromwell Media Nashville's Director of Programming and Branding. "So we handed him the keys, turned up the Christmas music, and let the big guy take over!"

Audacy Names Zach Gelb Brand Manager of 104.3 WQAM


Zach Gelb
Zach Gelb

Audacy has named Zach Gelb Brand Manager of Sports 104.3 WQAM in Miami, following the first anniversary of the station's FM launch. Gelb will oversee content strategy, talent, operations and branding, including flagship coverage of the Florida Panthers, Miami Heat, Miami Marlins and University of Miami Hurricanes football and men's basketball.

Gelb most recently served as a studio host for NFL and NCAA football and basketball broadcasts at Compass Media Networks. He hosted the nationally syndicated "The Zach Gelb Show" on CBS Sports Radio and its successor, Infinity Sports Network, from 2018 to 2025.

He began his career at WNJE in New Jersey, where he led programming and hosted on air from 2016 to 2018. His on-air credits also include Audacy's WFAN in New York, WIP in Philadelphia and WEEI in Boston.

"Zach brings a blend of programming instincts and nationwide sports talk experience that positions him perfectly to continue the growth and success of 104.3 WQAM," said Audacy Regional President Claudia Menegus.

"I'm honored and elated for the opportunity to help lead WQAM, a legendary sports station that I have great respect for and have been listening to for years," Gelb said. "I'm excited to build our next chapter with this incredible staff and deepen our connection with our passionate South Florida fanbase."

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iHeartMedia Denies Plans to Sell Podcast Business


iHeartMedia
iHeartMedia

iHeartMedia says it has no plans to sell its podcast business after Bloomberg reported that the company was exploring a sale of part or all of the operation to raise cash and bolster its share price.

Bloomberg, citing people familiar with the matter, said iHeartMedia had held preliminary talks with investment bank Moelis & Co. and potential investors. The report said the discussions might not lead to a deal. A Moelis representative declined to comment.

"While we don't generally comment on rumors or speculation, I can tell you that we have no plan to sell our podcasting business," an iHeartMedia spokesperson told Bloomberg. The spokesperson called podcasting a core area for growth and said the company continues to invest in it, including in video podcasts.

iHeartMedia shares rose by double digits Wednesday following the Bloomberg report. Seeking Alpha reported that the stock had plunged 65% Tuesday after the company released its third-quarter results.

Podcast revenue rose 24.6% year over year to $174 million in the third quarter, exceeding company guidance. Companywide Adjusted EBITDA fell 17% to $170.5 million. Chairman and CEO Bob Pittman cited weaker-than-expected political advertising on radio and some advertisers delaying spending until after the election.

On the earnings call, Pittman said iHeartMedia plans to report podcasting as a standalone segment beginning in 2027, separating its results from the Digital Audio Group. He said the change would give investors a clearer view of the company's four segments.

Saga Q3 Revenue Falls 5.4% as Net Loss Widens


Saga Communications
Saga Communications

Saga Communications reported third-quarter net revenue of $26.7 million, down 5.4% from $28.2 million a year earlier. The company's net loss widened to $7.1 million from $532,000, primarily because of a $9.2 million noncash impairment charge on its FCC licenses.

Saga attributed the write-down to higher interest rates, lower operating margins and reduced market revenue projections. The company reported an operating loss of $9.8 million, compared with $626,000 a year earlier. Excluding the charge, Saga said its operating loss would have been $563,000 and its net loss would have been about $240,000, or 3 cents per share.

Station operating expenses fell 1.7% to $24.2 million, while station operating income, a non-GAAP measure, declined to $2.4 million from $3.5 million. Gross political advertising revenue rose to $1.2 million from $73,000 a year earlier. Saga said it had booked about $3.6 million in gross political revenue for the fourth quarter.

For the nine months ended September 30, net revenue fell 5.8% to $75.9 million from $80.6 million. Station operating income declined to $6.2 million from $11.7 million, and the net loss widened to $8.5 million, or $1.34 per diluted share, from $979,000, or 15 cents per diluted share.

Saga's board declared a quarterly cash dividend of 25 cents per share, payable December 11 to shareholders of record November 23. The payment will total about $1.6 million. The company had $23.5 million in cash and short-term investments at the end of the quarter.

Bruno Mars, Kehlani Top 2026 iHeartRewind Rankings


iHeart Rewind
iHeart Rewind

Bruno Mars was iHeartRadio's most listened-to artist of 2026, while Kehlani's "Folded" was the year's top song, according to the company's annual iHeartRewind rankings. The rankings are based on total audience spins (TAS) and streams across iHeartMedia's broadcast stations and the iHeartRadio app.

Mars led the artist rankings with nearly 2.7 billion TAS, followed by Taylor Swift at 2.2 billion and Olivia Dean at more than 2 billion. Morgan Wallen and Justin Bieber rounded out the top five. Sombr placed 10th with more than 1.28 billion TAS.

"Folded" drew more than 1.1 billion TAS, edging out Mars' "I Just Might." Dean took the next two spots with "So Easy (To Fall in Love)" and "Man I Need," while Alex Warren's "Ordinary" finished fifth. Dean's "So Easy (To Fall in Love)" also led the Pop song rankings.

Wallen led the Country artist chart, while Ella Langley's "Choosin' Texas" was the format's top song. Drake led Hip-Hop artists, with Gunna's "wgft" featuring Burna Boy topping the song list. Linkin Park ranked first among Alternative artists, and Sublime's "Ensenada" led the format's songs.

Chris Brown topped the R&B artist chart. "Good Good" by Usher, Summer Walker and 21 Savage was the format's top song, followed by Kehlani's "Folded."

Top iHeartMedia Artists Overall

  1. Bruno Mars - 2.7B
  2. Taylor Swift - 2.2B
  3. Olivia Dean - 2.0B
  4. Morgan Wallen - 1.9B
  5. Justin Bieber - 1.8B
  6. Chris Brown - 1.33B
  7. Luke Combs - 1.32B
  8. Michael Jackson - 1.3B
  9. Ella Langley - 1.28B
  10. Sombr - 1.28B
Top iHeartMedia Songs Overall
  1. Kehlani - "Folded" - 1.1B
  2. Bruno Mars - "I Just Might" - 1.1B
  3. Olivia Dean - "So Easy (To Fall in Love)" - 1B
  4. Olivia Dean - "Man I Need" - 976M
  5. Alex Warren - "Ordinary" - 795M
  6. Leon Thomas - "MUTT" - 795M
  7. Sombr - "Back to Friends" - 782M
  8. Tame Impala - "Dracula - JENNIE Remix" - 754M
  9. Ella Langley - "Choosin' Texas" - 728M
  10. Justin Bieber - "YUKON" - 719M
Top Pop Artists & Songs

Artists

  1. Bruno Mars
  2. Olivia Dean
  3. Taylor Swift
  4. Justin Bieber
  5. Sombr
Songs
  1. Olivia Dean - "So Easy (To Fall In Love)"
  2. Bruno Mars - "I Just Might"
  3. Olivia Dean - "Man I Need"
  4. Zara Larsson - "Midnight Sun"
  5. Tame Impala - "Dracula - JENNIE Remix"
Top Country Artists & Songs

Artists

  1. Morgan Wallen
  2. Luke Combs
  3. Ella Langley
  4. Jason Aldean
  5. Jelly Roll
Songs
  1. Ella Langley - "Choosin' Texas"
  2. Shaboozey and Jelly Roll - "Amen"
  3. Josh Ross - "Hate How You Look"
  4. Morgan Wallen - "I Ain't Comin' Back feat. Post Malone"
  5. Luke Combs - "Sleepless In A Hotel Room"
Top Hip-Hip Artists & Songs

Artists

  1. Drake
  2. Kendrick Lamar
  3. Gunna
  4. Cardi B
  5. Glorilla
Songs
  1. Gunna - "wgft feat. Burna Boy"
  2. G Herbo (AKA Lil Herb) - "Went Legit"
  3. Dave and Tems - "Raindance"
  4. Belly Gang Kushington - "Friend Do"
  5. DaBaby - "Pop Dat Thang"
Top Alternative Artists & Songs

Artists

  1. Linkin Park
  2. Sublime
  3. Green Day
  4. Foo Fighters
  5. Sombr
Songs
  1. Sublime - "Ensenada"
  2. Sombr - "Back To Friends"
  3. Tame Impala - "Dracula"
  4. Pierce The Veil - "So Far So Fake"
  5. Temper City - "Self Aware"
Top R&B Artists & Songs

Artists

  1. Chris Brown
  2. Usher
  3. Mary J. Blige
  4. Summer Walker
  5. Kehlani
Songs
  1. Usher/Summer Walker/21 Savage - "Good Good"
  2. Kehlani - "Folded"
  3. Chris Brown - "Residuals"
  4. Chris Brown - "It Depends feat. Bryson Tiller"
  5. SZA - "Snooze"

Angry Audio Names Clark Novak Natural Marketing Director


Clark Novak
Clark Novak

Angry Audio has named Clark Novak Natural Marketing Director, bringing more than 40 years of broadcast and audio technology experience to the company's marketing efforts. Novak began his career on air before moving into audio technology and marketing at Telos Alliance and Lawo. He first worked with Angry Audio founder Michael "Catfish" Dosch at Pacific Research & Engineering, and the two later helped launch Axia Audio.

Dosch said the company had considered using artificial intelligence for some marketing work and chose a title that nods to Novak's firsthand industry experience. "AI is a useful tool, and we use it," Dosch said. "But a lot of AI-generated marketing is beige as hell."

"Seriously, when Angry gear solves a problem, broadcasters tend to talk about it," Novak said. "I'm looking forward to helping tell those stories. And I have to admit, I really like the job title."

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Joe Pags Show Extends Deal With Compass Media Networks


Joe Pags
Joe Pags

"The Joe Pags Show" has signed a multiyear extension with Compass Media Networks, continuing a syndication partnership that began 10 years ago. The show airs on more than 170 stations nationwide and reaches 2 million radio listeners monthly, according to the announcement.

Hosted by Joe "Pags" Pagliarulo, the show airs live weekdays from 5-8pm Central from flagship KTSA-AM in San Antonio. Affiliates include WBAP Dallas, KSEV Houston, KTLK Minneapolis and KHOW Denver. Pagliarulo ranks No. 7 on Talkers Magazine's "Heavy Hundred" list of influential talk radio hosts.

"I am thrilled to continue my relationship with Compass Media Networks," Pagliarulo said. "The great folks at Compass Media Networks have become family and have shown incredible faith in what I do."

Stingray Q2 Revenue Rises 51.3%, Radio Gains 5.3%


Stingray Group
Stingray Group

Stingray Group reported fiscal second-quarter revenue of C$171.4 million, up 51.3% from C$113.3 million a year earlier. The company attributed the increase primarily to advertising revenue from its TuneIn acquisition, higher revenue from free ad-supported streaming TV channels and favorable currency effects. The quarter ended September 30, 2026.

Radio revenue rose 5.3% to C$34.1 million from C$32.4 million, driven by higher national airtime sales and digital revenue. The segment's Adjusted EBITDA increased 6% to C$10.8 million from C$10.2 million.

Broadcasting and Commercial Music revenue rose 69.8% to C$137.3 million from C$80.9 million. The segment's Adjusted EBITDA increased 60.2% to C$49.9 million from C$31.2 million.

Companywide Adjusted EBITDA rose 47.5% to C$58.3 million from C$39.5 million, while the margin slipped to 34% from 34.9%. Net income increased to C$16.2 million, or 24 cents per diluted share, from C$11.8 million, or 17 cents per diluted share. Stingray cited stronger operating results and an unrealized gain on derivatives, partly offset by higher acquisition costs, amortization tied to TuneIn and higher income tax expense.

For the first six months of fiscal 2027, revenue rose 57.7% to C$329.4 million from C$208.9 million, while net income fell to C$22.8 million from C$28.6 million. Radio revenue declined 0.8% to C$66.1 million as lower airtime sales outweighed digital growth.

Stingray declared a quarterly dividend of 10 Canadian cents per share, payable on or about December 15 to shareholders of record November 30.

Audacy Launches Cheer Podcast With Tiki and Traci


Double Down on Cheer
Double Down on Cheer

Audacy will debut "Double Down on Cheer with Tiki and Traci" on Friday, November 13. The weekly podcast pairs former New York Giants running back and WFAN host Tiki Barber with his wife, nonprofit executive Traci Johnson, for conversations about competitive cheerleading, youth sports and parenting. New episodes will be released Fridays on YouTube and podcast platforms.

Barber and Johnson draw on eight years of experience as parents of All-Star cheerleaders. Their daughters, Brooklyn and Teagan Barber, compete in the sport. The show will cover the demands of travel sports, share stories from competition weekends and feature interviews with sports psychologists, nutritionists and others in the industry.

Nicole "Snooki" Polizzi will be the first guest. Her daughter competes at the same gym as Barber and Johnson's daughters.

"Working with Audacy, we wanted to create a show that pulls back the curtain on competitive cheer and youth sports, celebrates the incredible athletes and families behind it, and gives parents a place to laugh, learn, and know they're not alone," Barber and Johnson said in a joint statement.

Barber co-hosts "Evan & Tiki" on Audacy's WFAN (101.9 FM and 660 AM) in New York. He played 10 seasons for the Giants and retired as the franchise's all-time leader in rushing and all-purpose yards.

AM/FM, SiriusXM Index Highest In-Car, Edison Finds


Edison Research at SSRS
Edison Research at SSRS

AM/FM radio and SiriusXM each record their strongest listening performance in the car, while YouTube and audiobooks peak at home, according to the latest Share of Ear findings from Edison Research at SSRS. Streaming music and podcasts index highest in locations outside the home, car and workplace.

SiriusXM posted an in-car index of 232, while AM/FM radio indexed at 160. That means SiriusXM's share of in-car audio listening was 2.32 times its share of total audio listening, while AM/FM's share was 1.6 times its overall share.

At home, YouTube indexed at 140 and audiobooks at 118. Edison said at-home YouTube listening spans devices including phones, laptops and internet-connected TVs, while audiobook listening at home takes place primarily on mobile devices.

Streaming music and podcasts posted their highest indexes in Edison's "other" category, which includes listening at the gym, in stores or while walking. Both also indexed above 100 at work, though none of the platforms Edison highlighted recorded its highest index in the workplace.

Garth Brooks to Buy WRLT Nashville for $3 Million


WRLT (FM-100) Nashville
WRLT (FM-100) Nashville

Garth Brooks' The Sevens Network LLC has agreed to buy WRLT-FM (100.1) from Tuned-In Broadcasting for $3 million, pending FCC approval. Brooks plans to launch "FM-100," a Country station serving Nashville, while WRLT's current Adult Alternative format, "Lightning 100," will move to 106.3 FM after the sale closes.

The license assignment application was filed November 10. WRLT is licensed to Franklin, TN, and serves the Nashville market. In a separate filing, The Sevens Network requested the call letters WFLP with a proposed effective date of December 25. Brooks has yet to announce a launch date for FM-100.

Lightning 100 will continue on 100.1 FM until the transaction closes. It will then move to Cromwell Media translator W292ED at 106.3 FM, fed by WPRT-HD3 (102.5). The station has operated independently for 36 years, championing emerging artists and founding Nashville's "Live On The Green" concert series.

Brooks said FM-100 will play Country music from across the genre's history, with an emphasis on giving more airplay to women from the 1960s through today. "This is an opportunity to bring the entire family of country music together in one spot ... the legends, the greats, and the future greats," Brooks said.

FM-100 also plans to carry local news and event information, including promotions for events organized by other Nashville stations. Brooks said the station has reached an agreement with Nashville Severe Weather to interrupt regular programming when dangerous weather threatens Middle Tennessee. He also plans to use the station's app to provide information to visitors in cooperation with Nashville's convention and tourism community.

Brooks said the idea took shape in 2025 after he saw a "Save Our Station" appeal from Lightning 100 and initially thought it was current. The post dated to the pandemic, but it prompted a conversation with the station's owner that led to the deal.

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