Industry News

Top Five Unchanged on Podtrac’s October Top Podcasts Chart

NPR’s “NPR News Now” keeps its place at the top of Podtrac’s Top Podcasts chart based onimg U.S. unique monthly audience for October 2025. The New York Times’ “The Daily” is #2, NPR’s “Up First” is #3, followed by the “FOX News Hourly Update” at #4 and “Dateline NBC” at #5. DailyWire’s “The Ben Shapiro Show” rises two places to #8, while Salem Podcast Network’s “The Charlie Kirk Show” falls five places to #11. See the complete chart here.

Industry News

Erick Erickson Joins AJC as Opinion Contributor

Nationally syndicated talk radio host Erick Erickson has begun writing opinion pieces for Theimg Atlanta Journal-Constitution.  The Compass Media Networks host is heard in Atlanta on Cox Media Group’s WSB-AM/WSBB-FM. His first piece was printed in September in the wake of the slaying of Charlie Kirk. His latest column is titled, “Democrats are hungry, Republicans complacent and all politics is national,” and you can read that here.

Industry News

Yesterday’s Top News/Talk Media Stories (11/5)

The most discussed stories yesterday (11/5) on news/talk radio and related talk media according to TALKERS research:

  1. Government Shutdown / SNAP Benefits / Air Travel
  2. SCOTUS Hears Tariffs Arguments
  3. Elections Aftermath / California Redistricting Battle
  4. ICE Raids / Pope Leo Speaks Out
  5. UPS Plane Crash
Industry News

News/Talk Radio Covers Elections

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New York City’s mayoral race was being watched across the country and Red Apple Media’s WABC, New York presented a bi-partisan Roundtable of its hosts and local political figures to analyze and discuss the race. Pictured above in the station’s Studio 77 in Manhattan are (from l-r): WABC owner and talk host John Catsimatidis; Rabbi Joseph Potasnik, co-host of 77WABC’s “The Rev & The Rabbi”; Fernando Mateo, NYC businessman, activist, and politician; Dominic Carter, host of the “Dominic Carter Show” on 77WABC; former New York Governor David Paterson; and former Congressman Anthony Weiner. Elsewhere, on the nationally syndicated “Erick Erickson Show,” media personality Megyn Kelly joined to discuss the New York City mayoral election and key races across the country. She and Erickson also explored Charlie Kirk’s influence, the future of the Republican Party, and its path forward. Former Vice President Mike Pence also appeared on the program to discuss his upcoming book, What Conservatives Believe. He and Erickson discussed Pence’s unique relationship with the late Dick Cheney, key accomplishments of the Trump-Pence administration, and the troubling rise of antisemitism on both the left and the right. Photo by Michelle Jerson

Industry News

Audacy SVP/Sports Lee Davis to Retire

Audacy’s SVP of sports monetization Lee Davis is retiring. The former WFAN, New York VP andimg general manager has been in his current role since 2023. Audacy notes that Davis “rejoined Audacy in 2018 to lead the reboot of Audacy’s TWIN platform.” Audacy chief revenue officer Bob Philips says, “Lee has been a valued colleague and leader whose experience, dedication, and steady guidance have made a lasting impact on Audacy (as well as the companies he has worked at throughout his career). His contributions and presence will be greatly missed.”

Industry News

Audacy and Wichita State Announce Broadcast Deal Extension

Audacy’s Wichita station group announces a multi-year extension of its broadcast partnership with Wichita State Athletics. As part of the deal, classic hits KEYN-FM remains the flagship and will air all men’s basketball games and select women’s basketball games. All baseball games will be exclusively broadcast on sports talk KFH Radio (97.5 FM /1240 AM). Audacy will alsoimg produce and distribute weekly coaches’ podcasts for multiple sports during their seasons. Audacy Wichita SVP and market manager Tommy Castor says, “We are proud to continue our 50-plus-year tradition as the radio home of Shocker sports. Our partnership with Wichita State Athletics reflects a deep commitment to the community and to connecting with generations of fans. We’re excited to provide Shocker fans the best play-by-play coverage and exclusive updates that bring every game to life.”

Industry News

Yesterday’s Top News/Talk Media Stories (11/4)

The most discussed stories yesterday (11/4) on news/talk radio and related talk media according to TALKERS research:

  1. Mayoral and Gubernatorial Races
  2. Government Shutdown / SNAP Benefits / Air Travel
  3. SCOTUS to Hear Tariffs Arguments
  4. The Tucker Carlson-Fueled MAGA Schism
  5. The Economy / Recession Fears
Industry News

Fisher House Foundation Offers Veterans Day Edition of Together in Mission: The Fisher House Journey

Fisher House Foundation is announcing a Veterans Day edition of “Together in Mission: The Fisher House Journey” is available to stations free of charge. The radio special is available to news/talk stations in varying lengths as well as a 30-minute public affairs show suitable for all radio formats in the U.S. and around the world. The three-hour, one-hour, 25-minute and 30-minute radio specials are hosted by longtime radio personality Larry O’Connor and featuresimg stories of America’s heroes, the families who serve by their side, and how Fisher House plays a role in their journey. This program is appropriate for the entire Veterans Day Weekend and is a fitting, patriotic, and inspirational holiday programming alternative for all formats. Listeners will hear their emotional stories fighting for our freedoms, how they sustained their injuries, and the welcoming homes Fisher House provides for them and their loved ones while they endure their painful and painstaking recoveries. This year’s program features a special focus on the incredibly inspiring victories our wounded warriors enjoy on the field of competitive, adaptive sports. Fisher House supports the Wounded Warrior Games and the lnvictus Games as a vital part of the physical, emotional, and mental healing process for our wounded veterans. Listeners will hear about the riveting war stories detailing the injuries these heroes sustained, the ensuing medical and therapeutic healing process, right through the triumph on the field of international sports, as these brave veterans continue their dedication of service, representing America in international competition. For more information on this radio special, available cash and barter free, contact Larry O’Connor at 562.665.9537 or loconnor@fisherhouse.org.

Industry News

Clay Travis Puts $100k of His Own Money on the Line in Women’s Soccer Controversy

Premiere Networks nationally syndicated talk host Clay Travis is offering $100,000 to any male soccer player who can say he identifies as female and makes a women’s pro soccer team. This comes on the heels of the controversy generated by the disagreement between Angel City Football Club players Elizabeth Eddy – who penned an op-ed calling for a gender eligibilityimg policy in the National Women’s Soccer League and teammates Sarah Gorden and Angelina Anderson who strenuously object to the idea. Travis – co-host of The Clay Travis and Buck Sexton Show – said on the program, “If you are a male soccer player, and you are listening to us right now, D1, I would encourage you to go to open tryouts. If you make a women’s soccer team or they ban you – just say you identify as a woman – if you make a women’s soccer team, I’ll pay you 100 grand. Challenge out there for every man listening to us right now. I want one of you out there to try to make a women’s pro soccer team – just tell them if they question you, ‘hey, I identify as a woman,’ and I want you to make the team because if they don’t have this rule in place, it would be transphobic for them to stop you from being able to become a male identifying as a woman professional athlete. And I think you might be able to score fifty goals in a year and maybe this is what needs to happen in the National Women’s Soccer League.”

Industry News

Urban One Third Quarter 2025 Net Revenue Falls 16%

Urban One releases its operating results for the third quarter of 2025 and reports net revenue of approximately $92.7 million, a decrease of 16% from the same period in 2024. The company says operating income was approximately $2.5 million during the quarter, compared to an operating loss of approximately $26.2 million during the same period in 2024. Urban One is also reporting a net loss of approximately $2.8 compared to net loss of approximately $31.8 million inimg the same period a year ago. Urban One CEO and president Alfred C. Liggins, III says, “Third quarter results came in slightly softer than expected across the board. Core radio, excluding political, finished down 8.1%, and our Radio segment is currently pacing down 30.2% all-in and 6.4% ex-political for the fourth quarter of 2025. Revenues at our Reach Media and Digital segments were down 40.0% and 30.0% respectively, which was on the lower end of expectations. Cable TV advertising was down 5.4% and affiliate revenue was down 9.1% driven by continuing subscriber churn. In light of the soft overall market conditions, we are reducing our full year guidance from $60 million of Adjusted EBITDA to $56 to $58 million. Our focus remains on controlling costs, managing debt, leverage and liquidity. During the third quarter of 2025, we repurchased $4.5 million of our 2028 Notes at an average price of approximately 52.0% of par, reducing our outstanding debt balance to $487.8 million.”

Industry News

Audacy and Ad Age to Present The Creator Effect Webcast

Ad Age and Audacy are presenting a webcast for “an essential conversation on how the trusted,img authentic voices in audio are powerfully shaping culture, building true community, and driving measurable brand performance.” Based on the results of the Audio Creator Impact Study, the webcast will highlight “how deep authenticity and strategic alignment fuel results across the entire customer journey.”  You can register for the webcast here.

Industry News

Legendary Sports Talker Bob Trumpy Dies at 80

Sports media pioneer Bob Trumpy – who got his start in sports talk radio at WCKY-AM,img Cincinnati – died on Sunday at age 80. As reported by John Kiesewetter at WVXU.org reports on Trumpy’s passing and his career. Trumpy pitched the idea of a sports talk program to then-general manager of WLW-AM, Cincinnati Charles Murdock but was shot down. He turned to WCKY-AM and launched the show there. Three years later, WLW-AM hired him away from WCKY. Trumpy, who played for the hometown Cincinnati Bengals from 1968-1977, would move on to national television with NBC Sports that culminated with him receiving the Pete Rozelle Award for lifetime achievement in NFL broadcasting. Read the full WVXU story here.

Industry News

WJR, Detroit Legend Warren Pierce Dies at 82

Warren Pierce, legendary WJR-AM, Detroit personality, died on Friday (10/31) at the age of 82. Pierce served with WJR for almost 40 years and, according to the Detroit Free Press, “was saidimg to have interviewed tens of thousands of celebrities, authors, politicians and other assorted newsmakers during his long radio career.” The Free Press obit states, “He filled a variety of roles for WJR across the decades beginning in the 1970s. Whether hosting a weekday morning or afternoon slot or doing a weekend shift, he drew fans with his friendly, upbeat style and filled ‘The Warren Pierce Show’ with a mix of interviews, movie reviews, news and weather.  A dedicated fan of University of Michigan football, Pierce also did sideline reporting for WJR’s coverage of Wolverines games during the era of coach Bo Schembechler.” He left WJR in 1993 and joined WJBK-TV, Detroit as a morning news anchor. See the Detroit Free Press story here.

Industry News

Yesterday’s Top News/Talk Media Stories (11/3)

The most discussed stories yesterday (11/3) on news/talk radio and related talk media according to TALKERS research:

  1. Government Shutdown / SNAP Benefits / Air Travel
  2. Today’s Elections
  3. SCOTUS to Hear Tariffs Arguments
  4. Carlson-Fuentes Interview Flap
  5. Trump “60 Minutes” Interview
Industry News

Grace Blazer Promoted to SVP of Programming in Miami

iHeartMedia promotes Grace Blazer to SVP of programming for its Miami market stations. iHeartMedia Miami EVP of programming Marc Chase says, “Grace is a powerhouse of programming excellence. Her ability to elevate brands, inspire teams and drive meaningfulimg results has made her an invaluable leader within iHeartMedia.” Blazer has been with iHeartMedia since 2013 and serves as national news, talk, and sports brand coordinator, news director for the Florida News Network, program director for Miami’s WIOD and WINZ, and program director for Tampa’s WFLA. Market president Shari Gonzalez adds, “At iHeartMedia Miami, we’re fortunate to have exceptional programming leadership, and Grace is a shining example of that excellence. With 12 years of unwavering passion, strategic vision and meaningful impact across our organization, Grace has consistently raised the bar. We’re thrilled to recognize her achievements and promote her to lead our dynamic cluster into the future.” Blazer comments, “I’m incredibly proud and excited to step into my new role at iHeartMedia Miami. iHeartMedia is a powerhouse of creativity and bold ideas, and I’m energized by the opportunity to help shape our Miami brands growth and collaborate with some of the most extraordinary programmers in the industry.”

Industry News

FOX Nation to Give Erika Kirk Inaugural Charlie Kirk Legacy Award

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When FOX Nation hosts its seventh annual Patriot Awards ceremony on Thursday (11/6), it will present the inaugural Charlie Kirk Legacy Award to his widow Erika Kirk, CEO of Turning Point USA. Country music’s Jason Aldean and his wife, Brittany Aldean, will join FOX News Channel’s Jesse Watters to present the award Kirk. Aldean will take the stage for a live performance of his hit songs, “Try That in a Small Town,” and “How Far Does a Goodbye Go.” FOX Nation says that each subsequent year, it will present the “Charlie Kirk Legacy Award” to a recipient who embodies Kirk’s mission and his spirit of free speech, faith, and family. FNC personality Sean Hannity will emcee the awards ceremony live from The Tilles Center for the Performing Arts in Brookville, New York at 8:00 pm ET.

Industry Views

Monday Memo: Costs Are Criminal. And You’re on the Case.

By Holland Cooke
Consultant

The number of Americans asking Google for help with debt is way up. Delinquencies are surging. Credit scores are falling at the fastest pace since the Great Recession. Consumerimg Confidence is down. Costco is mobbed.

Gasoline, eggs, now coffee. What DOESN’T cost more? Seen beef prices? Hamburger Helper sales are up double-digits year-over-year.

A client station asked me for something to pitch to a local credit union. So, I called-in “The Deal Detective.” He’s a frugal flatfoot, the lieutenant of low prices, a savings sleuth with a barcode scanner. He reads receipts like rap sheets. And he’s a stack of 60-second features.

Special for TALKERS readers: Help yourself, here.

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They’re FREE, no paperwork, no national spot. Sell a local sponsorship and keep the money. It’s your license to bill. OK to use as stream cover-up spots, or on your station website (help yourself to the graphic). NOT “available wherever you get your podcasts.”

Holland Cooke (HollandCooke.com) is a consultant working the intersection of broadcasting and the Internet. Follow HC on Twitter @HollandCooke and connect on LinkedIn

Industry News

Civic Media Host Jane Matenear Announces Retirement

Wisconsin radio personality current host of “Matenaer On Air” on several of Civic Media’s news/talk stations, Jane Matenaer, announces her retirement after 44 years in the business. She says, “When I started my radio career, my goal was to be a ‘cool, nighttime rock chick.’img Tragically, I was none of those things. Fortunately, I had the support of those who believed I had potential and encouraged me to follow a slightly different path — to morning radio. And while I never envisioned eventually moving from music to talk radio, the transition has been the most rewarding experience of my life, and these last three years at Civic Media have been the proudest of my 40-plus year career.” Prior to joining Civic Media, Matenaer served with Good Karma Brands’ news/talk WTMJ, Milwaukee in the newsroom and in morning drive. She adds, “As I head toward retirement, I want to take this moment to thank my current and former colleagues and mentors. You are among the most talented, dedicated and hilarious people on the planet. Thank you to Civic Media, for believing in a 60-something woman to host her own show and for your commitment to community-based radio and to a healthy democracy.”

Industry News

KOA, Denver Officially Unveils New Morning Lineup

iHeartMedia Denver confirms the news shared on social media by talk host Ross Kaminsky that TALKERS reported last week. On Monday, November 10, KOA will debut the “Ross Kaminsky on the News, with Jeana Gondek,” program from 6:00 am to 9:00 am. The showimg follows the 5:00 am hour of “Colorado’s Morning News” anchored by Gondek. Michael Brown, former FEMA Administrator and nationally syndicated host of “The Situation with Michael Brown,” moves from sister KHOW to the 9:00 am to 12:00 noon daypart. The rest of the day’s local programming is Mandy Connell from 12:00 noon to 3:00 pm; KOA Sports with Dave Logan and Ryan Edwards from 3:00 pm to 6:00 pm, followed by “Broncos Country Tonight with Benjamin Allbright and Nick Ferguson.”

Industry News

WPHT’s Dom Giordano Leads Listeners Trip to Italy

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La Dolce Vita! WPHT, Philadelphia’s Dom Giordano teams up with travel company Conservative Tours to host a group of 60 listeners on a fabulous trip to Italy. Pictured above is Giordano taking in the sights in beautiful Calabria.



Industry News

TALKERS News Notes

SiriusXM Debuts College Hoops Season Coverage. Satcaster SiriusXM is recognizing today’s first day of the 2025-26 college basketball season by presenting 77 live men’s and women’s game broadcasts, including #7 Duke visiting #16 Baylor in women’s action at 12:00 noon ET, and #13 Arizona hosting #3 Florida on the men’s side at 7:00 pm ET.

New Affiliate for Donal Ware. “BOXTOROW” with sports and entertainment host Donal Ware adds non-commercial KCEP-FM, Las Vegas to its roster of affiliate station. Ware says, “We are happy to have them aboard. BOXTOROW was a media partner of the Las Vegas HBCU Classic that took place last week, so to now be able to bring BOXTOROW to Las Vegas is a blessing and exciting.

Industry News

Top News/Talk Media Stories Over the Weekend (11/1-2)

The most discussed stories over the weekend on news/talk radio and related talk media according to TALKERS research:

  1. Government Shutdown / SNAP Ruling / Air Travel
  2. Trump Threatens Nigeria
  3. Suspected Drug Boat Strike
  4. NYC Mayoral Race / Tuesday Elections
  5. Trump “60 Minutes” Interview
Industry News

Radio Hall of Fame Inducts Class of 2025

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The Radio Hall of Fame inducted its 2025 10-member class of honorees last night (10/30) in Chicago that included Premiere Networks president Julie Talbott who is pictured above at left with fellow inductee and FOX Sports Radio star Colin Cowherd at right, as well as radio industry programmer and consultant Mike McVay (pictured below with RHoF co-chairs Dennis Green at left and Kraig Kitchin at right). 2021 Radio Hall of Fame Inductee Kim Komando served as emcee for the event.

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Industry News

Gould Named SVP of Sales for iHeartMedia San Francisco

iHeartMedia San Francisco names Annalee Gould SVP of sales for the station group that includes sports talk KNEW-AM and KKSF-AM BIN Black Information Network, plus five musicimg brands. Gould comes to iHeartMedia from Metamorphosis.Digital where she was chief revenue officer and VP of sales. iHeartMedia division president Kris Foley says, “Annalee’s ability to build trust, navigate change, and deliver creative, cross-platform results makes her the ideal leader for our San Francisco sales team. Her experience and relationships in the Bay Area will be instrumental as we continue to grow our presence and impact.” She comments, “Audio is one of the most powerful and evolving channels in media today and nowhere embodies creativity and innovation quite like the Bay Area. I’m excited to join iHeartMedia and work with a team that understands how meaningful human-generated content continues to drive trusted marketing. In a time when that connection feels increasingly rare, radio and podcasts remain deeply human, built on authentic voices, real stories, and companionship.”

Industry Views

TALKERS EXCLUSIVE: Talk-Show-Host-Turned-City-Councilor Frank Morano Shares Insider’s View of WABC and the Intense NYC Mayoral Race

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As November 4 approaches, the 2025 New York City mayoral race and talk radio powerhouse WABC are entangled in a political drama worthy of several books and a movie, not to mention big time radio ratings! Key players include Curtis SliwaJohn CatsimatidisAndrew CuomoSid Rosenberg, and of course, Zohran Mamdani.

Bringing it all to life is former WABC rising talk show star Frank Morano, who is this week’s guest on “Up Close Far Out” hosted by Michael Harrison on the TALKERS MEDIA YouTube Channel.

Morano recently walked away from his “The Other Side of Midnight” show to compete in and win a special election for the seat vacated by a retiring city councilor from his home district #51 on the South Shore of Staten Island. Morano is now running for reelection to his own full term in the NYC election. Harrison predicts that his political future is bright.

In this candid conversation, Morano focuses on the mayoral election, personalities, and struggles in what Harrison describes as “improvisational theater set at the intersection of politics and talk radio.”  Morano also discusses how talk radio prepared him for his new political mission.

To connect to the conversation between Frank Morano and Michael Harrison, please click here.   

Industry News

SiriusXM Reports Net Revenue of $2.16 Billion

SiriusXM reports its operating results for the third quarter of 2025 and says net revenue was $2.16 billion, down 1% from the same period in 2024. The company also reveals it posted net income of $297 million, compared to a net loss of $2.96 billion in the third quarter of 2024 (that included a $3.36 billion noncash goodwill impairment related to the Liberty Media transaction). CEO Jennifer Witz states, “This was a quarter of meaningful progress for SiriusXM. We’reimg enhancing the subscriber experience through new content, deeper personalization, and continued innovation across every stage of the customer journey, driving greater engagement and value for our listeners. At the same time, we’re scaling our digital advertising business and strengthening our leadership in podcasting. Across each of these areas, we’re leveraging our unique assets to deliver sustainable profitability and long-term value for our shareholders — a strategy that is already delivering as we raise our full year guidance.” During the quarter the satcaster expanded and developed its roster of high-profile voices. It extended its agreement with Andy Cohen and celebrated the 10th anniversary of his flagship channel, Radio Andy. Stephen A. Smith also debuted on the platform, launching new political and sports programs and renewed its agreement with Megyn Kelly, expanding the partnership to include the upcoming Megyn Kelly Channel.

Job Opportunity

Civic Media Seeks News/Talk Network PD

Wisconsin media firm Civic Media is looking for a news/talk network program director based in Madison. The company says the person in this position “oversees all on-air content and staff forimg Civic Media’s news/talk network, managing schedules, talent, quality control, and compliance with broadcast regulations. Key responsibilities include selecting programs, coaching on-air personalities and shows, developing promotional strategies, and ensuring the station’s sound and content align with its brand and audience needs. They blend creativity and business acumen, using audience research and ratings data to shape programming and achieve business goals.” Get more information and apply here.

Industry News

Top News/Talk Media Stories This Past Week (October 27-31, 2025)

Here are the most talked about stories of the past week (10/27-31) on news/talk radio and related talk media according to TALKERS:

Stories

  1. Trump’s Asia Trip
  2. Government Shutdown / Expiring Benefits
  3. Israel-Hamas Peace Accord
  4. The Economy / Fed Policy
  5. Trump Third Term Chatter
  6. Newsom Mulling ’28 Run
  7. The NYC Mayoral Race
  8. U.S. Attacks Alleged Drug Boats / Venezuela Tensions
  9. Biden Autopen Issue
  10. Hurricane Melissa

People

  1. Donald Trump
  2. Xi Jinping
  3. Sanae Takaichi
  4. J.D. Vance
  5. Jerome Powell
  6. Mike Johnson
  7. Gavin Newsom
  8. Zohran Mamdani / Andrew Cuomo / Curtis Sliwa
  9. Nicolás Maduro
  10. Joe Biden

To see the full TALKERS Stories, Topics, and People Charts, please click HERE.

Industry News

Ross Kaminsky Moves to AM Drive at KOA, Denver

Denver talk radio host Ross Kaminsky reveals changes coming to iHeartMedia’s news/talk KOA-AM/K231BQ effective November 10. Kaminsky will move from his late morning daypart toimg morning drive (6:00 am to 9:00 am). Sister KHOW talk host Michael Brown will take over the 9:00 am to 12:00 noon slot on KOA. Kaminsky says in a social media post, “This will be the first time in decades (or maybe ever, I really don’t know) that KOA has a talk show in ‘morning drive.’ We’ll keep bringing you plenty of news but now we’re doing it in a show that also talks about the news (and lots of other things…the show won’t be very different from my current show.) Psyched to be embarking on this project with @JeanaGondek who I always have so much fun bantering with. The show will be fun, informative, and entertaining…at least that’s the goal!” Kaminsky says the “Colorado’s Morning News” program featuring Gondek will air from 5:00 am to 6:00 am.

Industry News

Armen Williams to Lead Westwood One Sports 24/7 Programming

Cumulus Media’s Westwood One appoints Armen Williams executive director of Westwood One Sports 24/7 programming, effective November 3. In this role, Williams will lead the development and production of the network’s new round-the-clock sports content. The companyimg says he’ll “oversee all aspects of sports talk content across the network, including daily technical operations, social media strategy, and brand management. He will build a talented team of hosts and producers responsible for compelling on-air programming – featuring original content, interviews, benchmarks, and fan interaction.” Williams says, “There’s never been a more exciting time to be in audio – the industry is thriving, innovative, and constantly evolving. This is a unique opportunity to build on the incredible foundation created by our partners at Audacy and BetMGM and combine it with the reach, heritage, and credibility of Westwood One Sports. I’m honored to help shape the next chapter, delivering smart, entertaining, and authentic sports content for listeners everywhere.”

Industry News

Cumulus Media Reports Q3 Net Revenue Down 11.5%

Cumulus Media reports its operating results for the third quarter of 2025 and reveals net revenue of $180.3 million, a decline of 11.5% from the same period in 2024. The company says it generated digital revenue of $39 million, a decrease of 2.6% year-over-year, or an increase ofimg 8.4% excluding the $6.9 million impact from discontinuing the DailyWire and Dan Bongino relationships. The company posted a net loss of $20.4 million compared to net loss of $10.3 million in Q3 2024. Cumulus breaks down its revenue by segment and reports that its broadcast radio spot revenue declined 13.1% to $83.7 million, while network revenue fell 26.5% to $31.2 million. Total broadcast revenue was img$114.9 million, a decrease of 17.2% from the same period in 2024. Cumulus president and CEO Mary G. Berner says, “In an advertising environment that remained challenging for legacy media, we continued to outperform. We once again gained market share in total broadcast spot as well as in digital, where our market share gains reflected the strong growth of our digital marketing services business, which was up 34% in the quarter. Additionally, we remained highly focused on re-engineering the business, reducing annualized fixed costs by $7 million and accelerating our efforts to implement a wide array of AI initiatives to drive efficiencies and enhance growth. These results underscore our disciplined focus on optimizing performance in areas that we can control. While we do not expect the current headwinds to abate in the near-term, we remain confident in our ability to position the company for long-term success through strong execution and by maximizing value from the company’s underlying assets.”