Worldwide News Network (WWNN) Launches Weekend Business Reports – WTOP, Washington, DC Becomes First Affiliate
Red Apple Audio Networks’ recently launched Worldwide News Network (WWNN) is stepping into the weekend business and financial news space with the launch of WWNN Weekend Business Reports, a new series of reports delivering timely, insightful coverage of the markets, the economy and the companies driving growth. The reports debuted on Hubbard Broadcasting’s WTOP in Washington, DC, this past Saturday, August 1, marking the first affiliate partnership for the new service.
According to Red Apple, WWNN Weekend Business Reports will go beyond traditional market updates, focusing on the industries and economic sectors shaping the future, including automotive, technology and entertainment. The reports will also spotlight breakthrough companies and emerging trends driving innovation. The reports are being anchored and produced by veteran correspondents John Terrett and Jake Novak.
“WWNN is not simply filling the gap left by the demise of the CBS Radio Network,” said Lee Harris, SVP, news & programming, Worldwide News Network. “We’re building something stronger and more relevant for today’s audience. John and Jake bring extraordinary experience and credibility, and more importantly, they know how to make complicated financial and economic stories understandable, compelling, and actionable. That’s what makes these reports different.”
“Our listeners want and need insightful financial and business news they can trust, and they depend on us to deliver it every day of the week,” said Julia Ziegler, director of news and programming at WTOP. “As the industry has contracted over the last few years, it has left a void. It is exciting to work with a company like WWNN that understands the importance of providing quality reporting seven days of the week.”
“another major milestone in JFMN’s strategic vision of building the nation’s premier independently owned News-Talk-Sports media network.” JFMN co-founder John Fredericks says, “As we continue to grow across America, Tennessee is a key market for our future. Our mission is simple: deliver compelling News-Talk-Sports programming that people can’t get anywhere else. We’re building platforms that serve our audience – not shareholders – and this expansion is another major step in that vision. We’re proving that News-Talk and Sports belong together. Our audience wants breaking news, honest opinion, and the teams they love – all from one trusted source. That’s exactly what we’re delivering.” 
Tournament is one of the industry’s signature events. It offers a unique opportunity to play one of the region’s premier courses while spending the day with colleagues, industry leaders, and celebrities, all in support of a charity that provides a vital lifeline to our fellow broadcasters when they need it most.” All proceeds from the tournament directly benefit the BFOA’s charitable mission.
equity, or Wall Street investors. We answer to one group: our audience. This milestone proves there’s tremendous demand for independent voices delivering news, politics, sports, and commentary people can trust. Truth and clarity are making a comeback.” Company CEO Anne Fredericks adds, “We strive to cover what matters most in people’s daily lives: their country, their community, and their sports teams. News, talk, and sports are simply different expressions of the same mission: giving people truthful information, honest perspective, and a voice. What makes the John Fredericks Media Network different is our independence. No newsroom hierarchy, no C-Suites, no suits and no boardrooms.”
CEO John Catsimatidis states, “Audiences around the globe deserve the facts about what is going on in our world and that is why we created the Worldwide News Network. We’re delighted to partner with BLR and look forward to working with them as we continue to expand our reach into more European markets and around the world.” Worldwide News Network SVP of news and programming Lee Harris comments, “Expanding beyond the U.S. is an important milestone for Worldwide News Network. We’re excited to partner with BLR to bring an authentic American perspective on world events. This is the first step in building an international network of partners who value trusted, high-quality radio journalism.”
leadership around the priorities that matter most, and I’m confident they will help us move quickly, enhance innovation and stay at the leading edge of a changing media landscape as we build toward the future.”
intended to strengthen coordination and execution across our operational functions. Clayton Nix is now chief financial officer. Jones says Nix has become an instrumental member of the executive team in guiding the company’s financial direction, and this title reflects both his growing responsibilities and his impact in shaping our strategic decisions, enhancing partner service and delivering industry insight through reporting and analytics.
Audacy’s sports talk WGR-AM, Buffalo serving as the flagship station. Now, the team announces that it has 23 stations signed up as affiliates, including Good Karma-operated WHSQ-AM, New York City (formerly WCBS-AM at 880 kHz) and WESP-FM, West Palm Beach “ESPN West Palm” – both stations operated by Good Karma. In the Buffalo market, games will be heard on Cumulus Media’s rock WGRF-FM.
Weather Channel president Tom O’Brien states, “Ray and Scott represent the very best of what The Weather Channel Radio Network stands for. Their careers are a testament to more than longevity; it is the genuine sense of public responsibility that has guided every forecast, emergency and broadcast for 30 years. We are immensely proud to celebrate this remarkable milestone with them.”
Award for Outstanding Newscast, and more.” Red Apple SVP, news & programming Lee Harris says, “Stacy Lyn is exactly the kind of broadcast news anchor we set out to recruit when we launched the Worldwide News Network. She is a proven broadcaster with tremendous credibility and a long track record of delivering breaking news and major stories with accuracy, clarity, and professionalism. Stacy’s experience covering the highest levels of government and the biggest stories in America will be an enormous asset to our affiliates and listeners.” Other former CBS Radio broadcasters now serving with Worldwide News Network include Michael Wallace, Cooper Lawrence, Bill Rehkopf, and Matt Pieper.
Detroit and designed to change the media landscape.” The network will feature original sports programming, athlete-led podcasts, live events, entertainment content, music, comedy, and authentic conversations from some of the biggest personalities in sports and culture. Campanelli states, “We’re building a true Detroit-based sports and entertainment platform powered by championship experience, authentic voices, and real relationship. With Tim, Lindsey, Brandon [Dent]and the rest of our incredible team we’re creating something special that fans can genuinely connect with.”
Gracie Awards, where she received the Gracie Award for “Best Audio Podcast Host” for her program that centers around “meaningful and revealing conversations about identity, resilience and finding our way back to ourselves.” Named one of Rolling Stone’s “Top 10 New Podcasts of 2025” and included in The Guardian’s “20 Best Podcasts of 2025,” Lewinsky’s program about exploring vulnerability, identity, resilience, and how we make sense of the world through the broader lens of reclaiming has featured such notable guests as Miley Cyrus, John Oliver, Lena Dunham, Lizzo, Malala, Olivia Munn, Alan Cumming, and Dylan Mulvaney. She says, “Reclaiming has always been about creating honest conversations around identity, humanity, and what it means to move forward after difficult experiences. I’m excited to partner with the fwd. network, a team that understands the importance of meaningful storytelling and supporting voices that challenge, connect, and inspire.”
program is hosted by husband-and-wife team Jeremy and Amy Long. It is currently also heard on digital stations throughout the United States, Australia, United Kingdom, New Zealand and beyond. Seaboard marketing solutions consultant Bob Stei says, “I was hooked the moment Jeremy and I first started talking about travel. Travel is a topic people are extremely passionate about. This will go well with our growing portfolio of lifestyles shows which include a wrestling show and program about pets.”
with those breaks filled by exclusive bonus segments, behind‑the‑scenes moments, extended discussions and original content – resulting in nearly three continuous hours of programming each day.” iHeartMedia chairman Bob Pittman comments, “The Breakfast Club has always been at the center of culture, breaking artists, shaping conversations, and reflecting real life in real time. Taking this show live every day to a global audience on Netflix is a powerful example of how we’re expanding the reach of our biggest brands while giving audiences entirely new ways to experience them. Whether it’s morning in NYC or the afternoon in London, the conversation is live and reaching the world in real time.”
syndication.” Red Apple says is has brought aboard former CBS Radio broadcast journalists Michael Wallace, Cooper Lawrence, Bill Rehkopf, and Matt Pieper as “the first major hires in what will be a rapid buildout of the network’s team of elite news anchors, correspondents, writers, and producers.” Harris says, “We are assembling top-tier journalists and building a modern radio news operation rooted in speed, authority, and facts – one that stations can rely on and listeners can trust.” Red Apple Media owner and CEO John Catsimatidis adds, “Our mission is to be the most trusted news gathering organization in media. We are creating a powerful, around-the-clock newsroom designed to compete at the highest level of broadcast audio news. Facts are what will drive the Worldwide News Network. We’re looking forward to our expansion in the European markets.”
a year ago. Additionally, Urban One reports a net loss of approximately $3.1 million for the period, compared to the net loss of $11.7 million it reported in Q1 of 2025. Urban One CEO and president Alfred C. Liggins, III states, “First quarter revenue was soft across all divisions, with TV down 18.5%, Digital down 33.5%, Radio down 6.4% and Reach Media dropped by 17.0%. We had budgeted for a down-quarter in our Radio and TV divisions, but not at Reach Media and Digital… In Radio, our Miller Kaplan local Radio revenues were down 5.5% year-over-year vs the market down 7.1% and national was down 8.2%, vs the market down 6.7%. Including local digital, first quarter Radio revenue was down 2.8%. We did approximately $1.0 million in gross political advertising in the first quarter and have another $1.0 million on the books for the second quarter. Radio second quarter is pacing down 2.6%. We are in a turnaround situation at Reach Media, where we continue to be impacted by a weak marketplace, key client attrition and sales team re-building. Digital also had a soft first quarter, driven by weak advertiser demand but second quarter is forecasted to be up, and there is optimism for the back half of the year based on the current sales pipeline.”
2025. Looking at Salem’s business segments, the company reports Broadcast Programming Revenue (from local and national block programming) of $17.2 million in Q1 of 2026, while Broadcast Advertising Revenue (national & local spot, network advertising) was $9.27 million during the quarter. Meanwhile, Salem’s total digital revenue for the period was $18.1 million. Salem Media announced this week that it is in the process of being acquired by WaterStone in a stock purchase deal that will take the company private. 
policy, and geopolitical risk into clear, Main Street common sense. In each episode, Yates draws on his decades of experience across government, policy, and advisory roles to break down how decisions are made at the highest levels, and what they mean for the United States and the world.” Yates comments, “The world comes at you fast, not just at the White House, but at your house. My pledge to you in each episode is to deliver concise, experience-driven insight into how decisions are made at the highest levels, what they mean for the United States, and what they mean for your world.”
adds that it recorded operating income of $7.7 million in the first quarter of 2026, compared to an operating loss of $0.3 million in Q1 of 2025. The increase in operating income was driven primarily by the sale of its Fort Myers stations. Beasley also reported net income of approximately $3.2 million compared to a net loss of $2.7 million, reported a year ago. Beasley CEO Caroline Beasley comments, “While first quarter results continued to reflect pressure in certain legacy advertising categories and an uneven pace of recovery across our markets, we made meaningful progress against the strategic priorities we outlined over the past year. Importantly, we continue to see strong momentum in digital, particularly in our owned and operated products, which grew year-over-year on a same station basis and now represent an increasingly important contributor to both revenue quality and long-term profitability. Markets with stronger digital adoption continue to demonstrate greater revenue stability, reinforcing our confidence in the long-term direction of the business.”
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.
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.
Network, and Red Apple has recruited New York radio news legend Lee Harris to serve as vice president of news for WABC Radio and The Worldwide News Network. The company says, “The move positions WABC Radio and Red Apple Audio Networks for a dramatic next chapter, transforming the iconic New York news/talk station’s reach into a 24/7 global audio news presence fueled by streaming technology, smart speakers, mobile platforms, syndication, and digital distribution.” Red Apple owner John 
Catsimatidis says, “Today’s digital technology gives us the power to deliver the truth instantly, not just across America, but across Europe and around the globe. WABC Radio is already heard in all 50 states and in 178 countries through our multi-platform distribution. The Worldwide News Network is the natural next step in building a global destination for fair, balanced, no-nonsense news people can trust.” Lee Harris was the morning news anchor at 1010 WINS in New York for 30 years. Additionally, he has advised broadcasters throughout Europe and Asia, helped launch Moscow’s Kommersant FM as a U.S.-style all-news station, lectured at television and radio outlets across China through the University of Missouri School of Journalism, and served as director of integrated operations and New York bureau chief for cable startup NewsNation. Harris comments, “John Catsimatidis has never thought small, and this venture is no exception. The Worldwide News Network is an ambitious, forward-looking news platform designed for how people consume information today. I am thrilled to join Red Apple Media and WABC Radio at such a transformational moment and help build a news organization with both national strength and international reach.”
advertising market that was partially offset by the continued expansion of our high-margin, owned-and-operated direct digital revenues. Beasley recorded an operating loss of approximately $230.0 million in the fourth quarter of 2025, compared to operating income of $7.6 million in the fourth quarter of 2024, driven primarily by a non-cash FCC license impairment charge of $224.8 million, reflecting the company’s updated assessment of the fair value of its broadcast licenses in light of continued secular pressures on the radio industry, as well as $1.7 million in other operating expenses.”
we made tangible progress reshaping this company for long-term value creation. Our digital business delivered record performance, with digital revenue representing approximately 24% of net revenue, up from roughly 19% of net revenue in 2024, and digital segment operating margins reached record levels as our continued shift toward owned-and-operated and programmatic products gained traction across our markets… Building on this progress, we recently announced a debt exchange transaction with our second lien bondholders, pursuant to which we expect to reduce our second lien debt by approximately 50% and repay roughly $15 million of our first lien debt. Upon completion of the transaction, which is subject to bondholder participation and expected to close by the end of April, we anticipate total outstanding debt will be reduced to approximately $110 million from $220 million today. We believe this transaction will meaningfully strengthen our balance sheet, enhance financial flexibility, and better position the Company to execute on its strategic priorities. Following its completion, our focus will shift toward further deleveraging through EBITDA growth and continued portfolio optimization.”