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.
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.
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. 
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. 
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.
advertisers are currently buying audio programmatically, up two times from 2022 (41%); 2) The most used programmatic audio demand-side platforms are Google Display & Video 360, The Trade Desk, and Amazon DSP; 3) Among publishers, the most utilized supply-side platforms for digital audio ads are Google Ad Manager, distantly followed by Amazon Publisher Services, Open X, and PubMatic; 4) Among those who purchase podcasts, Google DV360, The Trade Desk, and Amazon’s DSP are the most utilized demand-side platforms; and 5) Recent announcements from Amazon Ads indicate a major expansion of over-the-air AM/FM radio and audio advertising capabilities within the Amazon Demand Side Platform. Regarding that last point, the study notes that those moves “focus on bridging the gap between traditional broadcast AM/FM radio and digital, programmatic buying, allowing advertisers to use Amazon’s first-party signals for targeting and measurement.” 
local journalism across the state.” GBH president Susan Goldberg tells the paper the proposed merger of GBH, NEPM, and Cape and Islands radio station CAI will form “one of the largest and most trusted statewide public media newsroom networks in the Commonwealth.” Goldberg adds, “In a media landscape that is constantly changing, and particularly in the 
wake of federal defunding of public media, we are finding new ways to be as impactful as possible for the communities we serve. Simply put, we are stronger together.” Goldberg tells the Globe they have no plans to reduce staff and are planning to invest in new roles. The story adds, “According to the proposal. NEPM will continue to operate as the primary public media provider in Western Massachusetts, maintaining its studios in Springfield and at the University of Massachusetts. Its brand and programming – including local news, music, and educational shows – will remain in place.”
Awards will be announced during a dinner program on Tuesday, October 20, 2026, at the Edison Ballroom the night before NAB Show New York being held on October 21 – 22. The Marconi Radio Award finalists are selected by an independent body of broadcasters and will be announced in summer 2026. All nominations must be submitted through the NAB member portal. 
To quote a radio friend, “Some talk show hosts think the news of the day only exists to serve up interesting fodder for their shows.” Many media practitioners, whose jobs encompass letting their audiences know about the pain and suffering of “others,” feel personally exempt from experiencing a connection to the talking points of poverty, ignorance, violence, and injustice that they eagerly collect (and even welcome) as fresh “content” for their platforms. It’s all just “material” to them.
journalism, research and digital editorial. He also supervises ESPN Audio. Roberts comments, “This has been both a real honor and a blessing to work for and with the most talented people in the industry. I am extremely humbled and grateful to have had the opportunities afforded me as a member of the ESPN leadership team. It has been simply an awesome 22 years.” ESPN president of content Burke Magnus states, “David Roberts has had a long and extremely distinguished career in this industry, and we’ve been fortunate to have him as part of the ESPN team for more than two decades. His leadership has made a tremendous difference, and he will leave a lasting legacy at ESPN. We wish him all the best in retirement.”
and Gabriel Brotman of Soros Fund Management. Audacy president and CEO Kelli Turner states, “The appointments of Walker and Gabe to the Audacy board of directors further advance our ability to capture all the opportunities we see across the fast-changing audio landscape. Their expertise and guidance will be invaluable as we continue to evolve our platform, strengthen our partnerships, and drive long-term value for our audiences, advertisers and shareholders.”
host Jimmy Kimmel’s jokes aimed at the two. FCC Commissioner Anna M. Gomez issued a statement about the order, saying, “This is the most egregious action this FCC has taken in violation of the First Amendment to date. As part of its ongoing campaign of censorship and control, the White House called publicly for the silencing of a vocal critic, and this FCC has now answered that call. This is an unprecedented and politically motivated attempt to interfere with how broadcasters operate, and this unlawful overreach will fail. This should be a lesson to media companies that no amount of capitulation to this administration will buy them protection. The only choice is to stand up and stand firm in defense of the First Amendment.”
radio industry and listeners. Voting for inductees begins Friday (4/24) and runs through May 8. The top six vote recipients will gain induction as part of the 2026 Radio Hall of Fame Induction class. The additional inductees that will make up the induction class will be selected by the Radio Hall of Fame Nominating Committee. Spoken-word nominees include: Boomer Esiason, Joey Reynolds, John & Ken, and Larry Elder. 
Lenawee Broadcasting president Julie Koehn didn’t sugarcoat it: “We have [competitors] that steal our news.” And she meant literally – lifting her station’s local reporting and republishing it.
contributing their time, expertise, and resources. Honorees are true champions of service, demonstrating an unwavering commitment to fostering growth and progress within the industry.” McVay was presented with the award by Erica Farber on April 20, at the MIW Lipstick & Lobster Dinner at Maggiano’s. MIW board president Sheila Kirby states, “Mike McVay has been a consistent and powerful advocate for both the radio industry and the advancement of women within it. His willingness to share his time, expertise, and influence has made a lasting impact on MIW and the broader community we serve. Mike doesn’t just support the mission, he actively helps move it forward, and that kind of leadership is exactly what the Erica Farber Impact Award represents.”
As a newly minted program director (remember them?), I found the 1980 “NAB Radio Programming Conference” downright enchanting. New-tech cart machines (remember them?) would FIND the splice! And after the cart played, a flashing light saved careless DJs from accidentally playing it again.
Griswold, the two launched The Bob & Tom Show in 1983 and the WFBQ, Indianapolis-based program took off, going into syndicated in 1995. The program, still led by Griswold, is heard on some 100 affiliate stations. Kevoian retired from the show in 2015. Kevoian went public with his cancer diagnosis in 2023 and launched “The Bob & Cancer Show” podcast with his wife Becky and Whit Grayson.
information for farmers and ranchers and we are looking to double down on our efforts to bring that information to them through our radio affiliate partners. I am honored that we are able to grow the AOA footprint and expand to include a weekend offering that will continue to tell the story of agriculture, one conversation at a time.” Agriculture of America” debuted in 2018 by the team at FARM in conjunction with National Association of Farm Broadcasting Hall of Fame broadcaster Mike Adams featuring interviews and conversations with agricultural leaders, members of congress, market analysts, newsmakers and more and has grown into a nationally syndicated radio show heard on over 70 affiliate radio stations and SiriusXM Rural Radio 147 every weekday.
role with Crossover, Murphy will work to secure new content as well as to expand the company’s client portfolio. Crossover managing member Sue Freund says, “We’ve known and worked with John for many years; his excellent relationships throughout the content and advertising communities make him a tremendous addition to our team in building strategic partnerships with clients, agencies, and content providers as we continue to grow. He has a proven track record of building high-performing sales organizations, monetizing premium content, and delivering performance-driven advertising solutions for brands, agencies and media partners.” Murphy comments, “I’m excited to be joining Crossover Media Group. The team has built a strong reputation for delivering results-driven solutions for both creators and advertisers, and I look forward to contributing to that momentum. There’s a clear opportunity to unlock new growth across partnerships, and I’m eager to help scale the business while driving meaningful value for clients.”
are antisemites. How could this be? Rosenberg posted a video clip of the mascots warmly embracing New York Mayor Zohran Mamdani at Citi Field, followed by a still photo of himself in a corridor at Citi Field with Mr. Met about 20 yards down the same corridor walking in the opposite direction after, Sid says, ignoring him. It’s unclear at this time if the Justice Department has opened an investigation into the New York Mets. 
is a key part of our long-term strategy to transform how we cover sports. We’re committed to delivering content that goes beyond highlights and final scores – focusing instead on context, analysis, and storytelling that resonates with today’s audience.” WTOP says that in his new role, Woodfork will lead a more dynamic, multi-platform approach to sports journalism, anchored by daily video and audio commentary designed for modern consumption habits. His work will prioritize insight and authenticity – meeting audiences where they are, particularly among Gen X and Millennial fans seeking more than traditional sports updates.
from February in the top five as NPR’s “NPR News Now” stays in first place. Some moves of note include DailyWire’s “The Ben Shapiro Show” rising one spot to #6; Silverloch’s “The Dan Bongino Show” falling two places to #11; and NPR’s “The NPR Politics Podcast” climbing 10 places to #19.