Industry News

It was a quarter in which the earnings per share fell short of analyst estimates by a penny and revenue was a few thousand dollars below analyst forecasts, too. How can Saga Communications get out of the doldrums with its future quarterly revenue reviews? "We have to sell our way out," says CEO Chris Forgy.

The owner of broadcast radio stations and the Westwood One national radio unit "continued to outperform" its radio peers in the quarter, gaining market share across all broadcast spot revenue channels. Did that translate to net income growth for a fiscally strained company whose Over-the-Counter stock is trading at $0.17 per share?

Until June 2024, she spent more than two decades at WBZ-4 in Boston. Now, Paramount Skydance attorneys may be heading to a Massachusetts federal district court to discuss whether or not the CBS O&O engaged in two forms of discrimination when it parted ways with a veteran female news team member.

The proceedings are part of the broader “Build America” agenda presented by FCC Chairman Brendan Carr, who described these changes as essential to “clearing the way for new infrastructure builds” while keeping emergency communications systems effective and efficient.

With radio stations across the nation operating under the iHeartRadio banner, Bell Media has followed the lead of industry peer Stingray by reporting digital and ad technology growth as a big revenue generator in the latest fiscal quarter. Of course, CTV, TSN and the Crave app had much to do with the gains.

Its leaders outline ongoing cost-cutting measures amid turbulent market conditions

The post Cumulus’ Q2 Revenue Drops, But Digital Growth Offers a Lifeline appeared first on Radio World.

The second quarter of 2025 was a beneficial one for broadcast TV station ownership group TEGNA Inc., as CEO Mike Steib noted the company formerly known as Gannett is "making important progress on the strategic initiatives" that will shape the NYSE-traded company's future."

For Nexstar Media Group, "strong expense management" helped cushion a 9% year-over-year advertising revenue decline in Q2. The great news for investors? Nexstar beat analysts' forecasts on earnings per share and revenue in the quarter.

Paramount Skydance Corporation is officially the owner of CBS News & Stations. It is trading on the Nasdaq GlobalSelect market as "PSKY," and as of 3:35pm Eastern was down by 2.2% from its inaugural $11.65 price. That still doesn't sit well with the lone Democrat who serves as a FCC Commissioner.

The operator of an unlicensed radio station targeting the growing Dominican segment of the Spanish-speaking population in Northeastern Pennsylvania has entered into a Consent Decree with the FCC, ending its investigation into his illegal broadcasts. A small "voluntary" U.S. Treasury payment is part of the agreement.