iHeartMedia Posts Q1 Revenue Increase of 9.6%
iHeartMedia bucks the recent trend and posts a net income increase of 9.6% on $884 million during the first quarter of 2026. For the quarter it reports operating income of $1.5 million, compared to the operating loss it took in Q1 of 2025. The company posted a net loss of $95.6 million, down from the net loss of $280.8 million in posted a year ago. That’s the good news. Unfortunately for some staffers another round of cuts is coming as the company seeks to make its radio station operations profitable. President and COO Rich Bressler states, “In the first quarter, the Digital
Audio Group continued its strong momentum, with revenues up 18% year over year, slightly ahead of our guidance, while our Podcasting revenues grew 26.9% compared to prior year, above our guidance. We are announcing a new savings initiative that will generate an additional $50 million of annualized savings, in addition to our previously announced $100 million of in-year 2026 savings, as well as now paying minimal cash taxes in 2026, which we expect will have a $150 to $200 million impact over the next 3 years. And today we are reaffirming our Full Year Adjusted EBITDA guide of $800 million and our Free Cash Flow guide of $200 million.” The company is also expecting the increase in programmatic revenue to be some $200 million (+50%) during 2026.

could not have anticipated today’s streaming options. This resolution reflects growing concern that sports programming is increasingly fragmented across exclusive digital platforms, forcing fans to purchase multiple subscriptions, maintain reliable broadband access and navigate a maze of services just to follow their favorite teams. It calls on congress to assess whether these evolving distribution practices are covered under the law, serve the public interest and preserve broad fan access to sports programming.” NAB president and CEO Curtis LeGeyt says, “We commend the state broadcasters associations for their leadership and engagement on this important issue. Local television remains the only universally available video platform in America, delivering live sports, trusted local news, emergency information and essential public service to every community. Policymakers should put fans first and ensure that the future of sports distribution preserves broad access through free, local broadcast television.”
broadcasting is at its best when it informs, connects and serves the community. Our goal is to provide timely, relevant information that keeps the Spokane-Coeur d’Alene metropolitan area well informed, whether it’s breaking news, traffic slowdowns, severe weather or the stories shaping our region each day.” Nelson adds, “After more than 25 years in Spokane broadcasting, I’ve seen how important live and local news is when people need it most. News Radio KBNW is built to be present at the start and end of every weekday, delivering reliable information people can depend on, along with engaging and entertaining talk programs the rest of the broadcast day.” The two say the news staff will consist of Steve Wilke, Joe Paisley, Erich Ebel and Scott Carlon. Talk programs will include: Dave Ramsey, Mike Gallagaher, Lars Larson, and Armstrong & Getty. 
District race today (5/12) from 5:00 pm to 6:00 pm. The forum featuring candidates State Rep. Chris Rabb, Dr. Ala Stanford and State Sen. Sharif Street is being moderated by WURD Radio hosts Dr. James Peterson, Joann Bell and Solomon Jones. on Tuesday, May 12, from 5–6 p.m. during a special edition of Evening WURDs. The station will also host a live remote Election Night Special on Tuesday, May 19, from 5:00 pm to 8:00 pm from Honeysuckle on Broad St.
journalist Lars Sivertsen will join ‘The KickAround’ in studio for the duration of the World Soccer coverage alongside the show’s long-standing hosts, Andy Swift and Peter Welpton. KTCK program director Jeff Catlin states, “This is our fourth year to cover World Soccer with expanded programming on ‘The KickAround.’ Interest this year is at an all-time high with key tournament games being played in Dallas-Fort Worth. ‘The KickAround’ will be a destination for Ticket listeners and both soccer fans and casuals.”
dcast and an extension of The Breakfast Club’s popular “Front Page News” radio segment. Black Effect says host Mimi Brown expands her on-air coverage of the most-talked-about news stories each weekday into easily digestible 10-to-12-minute episodes that will give listeners more of the headline-making details they crave.
a decline of 7.9% from last year and broadcast advertising revenue was $38.6 million, down 6.6% from the same period a year ago. Townsquare Media CEO Bill Wilson comments, “With our digital growth engine driving our performance, each year our business mix continues to shift to a greater percentage of both digital revenue and profit. In the first quarter, 59% of our total revenue and 63% of our total Segment Profit was generated from our differentiated digital solutions – each our highest percentages ever. Our Digital Advertising revenue returned to high-single digit revenue growth in Q1, which we believe will continue throughout the year due to the consistent performance of our digital programmatic offering and the success of our Media Partnership division; the strong revenue growth of the direct sales of our local owned and operated digital properties; and the stabilization of our online audience and remnant revenue. I would also like to highlight Townsquare Interactive’s strong profit performance, with Segment Profit margin of 34% in Q1, representing year-over-year margin expansion.” The company also announced that its board of directors approved a quarterly cash dividend of $0.20 per share payable on August 3, 2026 to shareholders of record as of the close of business on July 27, 2026.
company outside of the New York City market. The station is currently airing a news/talk format of local, syndicated and brokered programming. Local air personalities include the daily morning show hosts Hank Stolz and Ben White (“Talk of the Commonwealth”) and longtime New England talk host Frankie Boyer who is heard in middays. Red Apple will assume operations under a local marketing agreement until the deal closes. Red Apple and Catsimatidis have made no indication of the company’s intent for future programming.
1300” in New Haven. iHeartMedia SVP of programming Dylan Sprague says, “Michael’s energy, passion and leadership make him a strong fit to lead our Sports and Talk portfolio in Hartford and New Haven. These are powerful brands and we’re excited to build on their success under Michael’s leadership.” Johnson comments, “I am thrilled to begin this next chapter at iHeart. Sports fans are passionate and engaged. I am eager to grow all of the stations, deepen the connections with listeners and continue expanding our digital presence.”

a is reporting a net loss of $2.4 million for the quarter compared to the net loss of $1.6 million it reported in Q1 of 2025. Saga paid a quarterly dividend of $0.25 per share on March 20, 2026. The aggregate amount of the quarterly dividend was approximately $1.6 million. With payment of this most recent declaration Saga will have paid over $145 million in dividends to shareholders since the first special dividend was paid in 2012.

d replaces it with FOX Sports Radio’s “The Odd Couple” with Rob Parker and Kelvin Washington. Napear broke the news himself tweeting out, “BREAKING NEWS: I was just informed they are pulling the plug on my show. My thanks to you for your support and @RyaninSactown who did a great job.” Napear references on-air producer Ryan Bohamera. Napear was a host on KHTK, Sacramento and TV voice of the NBA’s Kings but was fired after a media exchange with DeMarcus Cousins over the Black Lives Matter movement.
change, especially at the top of the ranker where NPR’s “NPR News Now” (#1), The New York Times’ “The Daily” (#2), “Up First from NPR” (#3), NBCUniversal’s “Dateline NBC” (#4), and FOX Audio Network’s “FOX News Hourly Update” (#5) fill out the top five. Moves of note include comic Tim Dillon entering the top 20 at #19 with his “The Tim Dillon Show” and Disney’s “20/20” joining the chart at #20.
eponymous program, adding affiliate stations KAAA, Kingman, AZ; KZZZ, Bullhead City, AZ/Laughlin, NV; KKFT, Reno, NV; and KXEX, Fresno, CA. Sanchez’s program airs live from 6:00 pm to 8:00 pm nightly on Audacy’s KMXB-HD3/K268CS, Las Vegas “101.5 FM K-DAWN.” Sanches says, “We’re building a platform that reaches audiences on air, online, and on demand. The expansion reflects continued growth of ‘The Steve Sanchez Show’ across both broadcast and digital platforms.”
Awards for Excellence at the 2026 Wisconsin Broadcasters Association Awards Gala presented last Saturday (5/2). Cumulus notes that in the Medium Market News & Talk Stations Division, WOSH took First Place honors for Best Interview with hosts Steve Edwards and Ron Ross discussing WNAM’s final day of broadcasting on December 31, 2025, after 78 years on air. Program director Steve Edwards (pictured here with the awards) says, “We are thrilled to see NewsTalk WOSH and WNAM honored with four Wisconsin Broadcasters Association awards. The commitment to excellence and community-focused broadcasting continues to set the standard – these awards are well deserved.”
ace VP and general manager Neal Scarbrough says, “We are thrilled about this next chapter for the ‘Morning Report,’ and our audience should be too. Kimberly has distinguished herself as a ground-breaking, multiplatform correspondent and host who has built an unwavering connection with our audience. Beyond her diligent reporting, listeners have embraced Kimberly’s leadership and versatility as the host of ‘Call to Mind,’ ‘Marketplace Tech,’ and ‘Make Me Smart.’ This is an exciting time for the millions of listeners who start their day with the ‘Marketplace Morning Report.’”
Former WXYT-FM, Detroit talk host and Motor City sportswriter Pat Caputo died on Thursday (5/7) after a battle with pancreatic cancer at the age of 67. Caputo hosted in several dayparts on 97.1 The Ticket during his time with the station. He also was a contributor to WJBK-TV, Detroit. But he was initially known in the Detroit market writing for the Oakland Press from 1983 through 2020.
Curry. The afternoon drive program is “D-Mac & Reiter” starring sports media personality Doug McKain and columnist and sports radio pro Bill Reiter. “97.1 The Fan” brand manager Andrew Williams states, “Los Angeles is a sports powerhouse with a deep connection between teams, fans, and culture, and this new lineup brings together championship-level personalities, veteran player perspective, and sharp analytical expertise. We’re building a full-scale, live and local LA sports network that brings sports to the FM dial and across multiple platforms to meet our audiences where they are. We’re excited to give fans an unparalleled listening and viewing experience that’s as entertaining and authentic as it is insightful.”
requires Commission approval after a serious look into whether that arrangement serves the American public and protects our national security. Gomez states, “The American public deserves to know who owns the airwaves that carry their news. I am alarmed by what appears to be an effort to rubber stamp a financial structure that places nearly half of one of America’s largest broadcast and media companies into the hands of foreign governments with documented records of press suppression and a troubling willingness to silence journalists. There are serious, unresolved questions about how this foreign investment may jeopardize national security, and this Commission has a legal obligation to answer them before handing wealthy friends of this administration yet another Billionaire Buddy Bypass on a transaction that strikes at the heart of American journalism.” In her statement, Gomez points out that this deal involves sovereign wealth funds from Saudi Arabia, Qatar, and Abu Dhabi investing in a company that controls CBS broadcast stations, as well as major cable news operations including CNN. According to Paramount’s own filing, total foreign ownership of the combined company upon closing would reach approximately 49.5 percent. Nearly half of one of America’s largest broadcast and media companies would be in foreign hands.
platform via a “Live Radio” button in the upper right corner of the dashboard. The companies say mobile app integration is planned for a future phase. iHeartMedia president of business development and strategic partnerships Michael Biondo says, “This partnership puts iHeart’s live radio in front of MapQuest’s millions of monthly users, giving consumers more of the content they seek. It’s a simple, intuitive way to extend our reach and enhance how people experience audio on the go.”
the Monday through Friday program “cuts through the noise of the standard 24-hour sports cycle” in which “Taylor delivers 5-10 minutes of sharp insight, authentic commentary, and cultural depth, offering perspective on the headlines that matter most. The show is built on the philosophy that ‘nobody breaks down the game like a woman who actually knows it.’” Taylor adds, “I wanted to create something fast, focused, and always authentic. Sports fans are busy, but they want the context behind the conversation. With ‘The Daily Play,’ I’m giving them what it means and what to watch next – in just a few minutes. Joining Urban One allows me to talk directly to a loyal, engaged audience across the country. I’m excited to get back to my radio roots!”
on how to use digital tools and strategies to grow and compete in an increasingly digital marketplace. Especially as the city of Philadelphia prepares for a surge of global visitors tied to events including the FIFA World Cup, America’s 250th anniversary, and the MLB All-Star Game, local businesses face a potentially golden opportunity. “Ready, Set, Grow: Digital Business Foundations” is designed to ensure they are prepared to capture that opportunity by strengthening their digital presence, improving customer experience, and increasing visibility. The evening will feature a fireside chat and panel discussion moderated by author and tech influencer Stephanie “TechLifeSteph” Humphrey, host of “Life & Tech” on WURD Radio.