Cumulus v. Nielsen: Harm Has Already Happened
The latest court filing in the Cumulus v Nielsen monopolistic practices suit tells the court it is no longer asking it to prevent harm, it’s asking the court to recognize that the harm has already happened. The filing states: “After a three-day evidentiary hearing, the District Court ruled for Cumulus, finding that Nielsen’s unlawful tying would irreparably injure
Cumulus’s relationships with advertisers, goodwill, and market share, and push it towards financial collapse. The District Court accordingly enjoined Nielsen’s anticompetitive conduct. 
Nielsen’s brief attacks those findings as speculative, asserting that Cumulus never showed any real risk of bankruptcy or any other non-compensable harm, but one of those irreparable harms has now come to pass: After a motions panel stayed the injunction, Cumulus declared bankruptcy—citing “the Nielsen network tying policy” as a significant contributing cause. The other harms identified by the District Court remain today and have become increasingly urgent, as Cumulus will lose access to Nationwide this September.” TALKERS associate publisher and Harrison Media Law senior partner Matthew B. Harrison comments, “Cumulus has fundamentally shifted the posture of this case. What began as a forward-looking claim of irreparable harm is now being presented as a realized outcome, following its Chapter 11 filing. The appellate court is no longer being asked to prevent potential damage, but to assess whether the harm that has already occurred can be attributed to Nielsen’s challenged conduct — or to broader economic pressures facing the radio industry.”
government studies report most commutes are a solo affair. In the car, Honda drivers cannot be reached by social media, online video, or any digital platform while commuting to work. What are the audio habits of Honda drivers in all locations (home, work, vehicle, and some other place)? Edison examined audience shares among Honda drivers to ad-supported audio platforms at home, in the car, at work, and some other place. In all locations, Honda drivers devote 62% of all their ad-supported audio time spent to AM/FM radio.” 
ratio of the three measurement types and it’s notable that more than half of Joe Rogan’s consumption is audio. For comparison, the audience for Candace Owen’s “Candace” (#9) is mostly from video and video clips – split evenly between the two. “The Tucker Carlson Show” (#10) audience is predominantly from video clips, while The New York Times’ “The Daily” (#6) is almost exclusively consumed via audio. 
WRVA, Richmond afternoon drive host Jeff Katz (right) is pictured here with Richmond city council member Reva Trammel (left), while being recognized on the 10th anniversary of Katz’s Lieutenant Jan McTernan Blue Friday Honor Award. Katz, a former police officer, has been honoring Central Virginia law enforcement heroes on the final Friday of each month. The award is named in memory of Janice Ann McTernan a retired, longtime veteran of the Richmond Police Department.
a financial backer of the table tennis phenom played by Timothée Chalamet in the film. Safdie told Vanity Fair he liked Catsimatidis’ ‘larger-than-life regional businessman’ look, which he noticed when the mogul ran for New York City mayor in 2013.” Interestingly, a key focus in the piece is on Catsimatidis’ ownership of news/talker 77WABC. He writes, “Catsimatidis made millions from buying New York real estate on the cheap in the 1970s when the city was in deep economic trouble. So, he recognized a bargain when his Red Apple Media group bought WABC for $12 million from Cumulus Media.” 
“We are competing in an attention economy,” and Magid COO Jaime Spencer reckons that “the playing field is massive.”
with the station across town anymore. It’s competing with 50,000 news brands, nearly half a million podcasts, and an infinite scroll of feeds that never sleep.
Ian Furness Show,” which moves to an earlier start by an hour. The Seattle Times notes that Bell has covered the Seahawks for the Tacoma News Tribune since 2014, and Kidd is an executive producer with KJR who co-hosts the “Seahawks Man 2 Man” podcast. Bell comments about working Kidd, saying, “We have great rapport. I value his input. He’s a Seattle kid, born and raised, and a Coug. He’s a little younger than I am, so that gives another perspective.” 
“truckers, shift-workers, travelers, insomniacs, shut-ins, and anyone else looking for a late-night community.” Cunningham tells TALKERS, “I grew unhappy with what was my usual dancing at Manhattan-area nightclubs on Saturday nights. Yet, I sought conversation and connection in an environment that didn’t involve crowds or virtual chats. My talk show was born.” In describing the show’s format, Cunningham continues, “There are no guests. It’s just me, various topics as I see them, and open lines. The formula is simple… and it’s a hit.” Before the show’s debut in January, Cunningham studied comparable news/talk stations in each of the top 75 radio markets explaining, “I could only find a handful of stations that offered live, late-night talk heading into overnights, particularly on Saturday nights. You can now add Hartford to that list.”
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.
sports insight, humor, and a natural storyteller’s instinct that resonates far beyond the studio. Station programming operations manager Paul Mason comments, “Ron is a game‑changer. He brings energy, curiosity, and joy to everything he touches. Watching his growth – not just as a broadcaster, but as a leader and connector – has been incredible. His ceiling truly doesn’t exist, and we’re excited to see what this next chapter brings.” In addition to his work with “104.5 The Zone,” Slay serves as a college basketball analyst for ESPN and the SEC Network.
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.
accepted $15,899,000 in aggregate principal amount of such tenders in accordance with the terms of the Tender Offer. On March 30, 2026, the company completed the purchase of $15,899,000 in aggregate principal amount of the Existing First Lien Notes pursuant to the Tender Offer. As of 5:00 pm on April 15, 2026, approximately 98% of the aggregate principal amount of the Existing Second Lien Notes have validly tendered in the Exchange Offer and provided consents to the proposed amendments to the Existing Second Lien Notes Indenture.
show is hosted by Carl “Killer Carl” Brown and has been on the air for almost a decade and is part of the John Frederick Radio Network. Seaboard marketing solutions consultant Bob Stei says, “We welcome all shows that affiliates will desire. Carl seems to put his own views and thoughts first, and they are not based on just ideology. That is refreshing.” The program currently airs on stations throughout America including WJFM, Richmond; WJFV, Norfolk; WBRG, Lynchburg; and WLMB, Atlanta.
way for the reorganization to move to the next step – approval from the Federal Communications Commission. When fully consummated, the plan will have eliminated $592 million of debt for Cumulus and puts control of the company into the hands of secured creditors. A new board of directors will be elected and although current executive management may remain in their positions, it is entirely up to the new board of directors to determine the company’s officers.
treatment schedule. Edmonds, 42, said the diagnosis came unexpectedly about two months ago and described it on the air as a ‘total gut punch.’ A mother of a young daughter, she acknowledged the fear that followed the discovery but said she is confident in her care team and treatment plan at Henry Ford Health. Edmonds told listeners she has already begun chemotherapy and believes she will get through the process.” Edmonds says her oncologist emphasized the importance of consistent sleep and recovery during chemotherapy. She made clear that the change is temporary and that she plans to remain connected to WJR and its audience as she is able while focusing on her health.
Broadcasting and ESPN Arkansas, which will now serve all the Fort Smith, Hot Springs, Northwest Arkansas, Harrison, Mountain Home, and much of Eastern Oklahoma. Top rated KISR will continue to serve the River Valley from just below its previous dial position, moving to 93.1 FM.” ESPN Arkansas general manager Tommy Craft adds, “We are excited to expand and grow the footprint and coverage areas of our ESPN Arkansas radio stations. The addition of a 100,000-watt station to our roster of current stations is a true game changer. Fred Baker and KISR have spent more than 55 years building something that is far more than just a radio station for so many people, and we are humbled to be able to continue that kind of commitment to listeners. We live in a state where the sports we love and the daily conversations about the teams we follow matter. The opportunity to expand our coverage so that more of the great people in Arkansas can join in the conversation with our live and local sports talk radio shows is a thrill, and we cannot wait to get started.”
Time Spent Listening to podcasts has now surpassed TSL with spoken word radio. And both are fraught.
of 2025, net revenue was $741.6 million, a decrease of 10.3% from 2024. For the full year 2025, the company posted a loss of $200.7 million. Cumulus reports by segments and for all of 2025, broadcast revenue was $116.2 million, a decline of 22.2% from 2024. Even digital revenue fell in 2025 to $151.3 million, down 1.9%. Cumulus Media president and CEO Mary G. Berner says, “The Company’s recently announced financial restructuring marks an important step toward meaningfully reducing the debt burden that has constrained the business. Looking ahead, we remain focused on building on the core strengths of the Company to maximize value.”
The rise of independent, talk show-style political commentary on YouTube has created a new class of media actors who do not see themselves as broadcasters, journalists, or publishers. They see themselves as creators. That distinction is real in terms of identity, tone, and platform. It is not real where it matters most: liability.
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.
says, “Political advertising will drive key spending this year. BIA projects approximately $8.4 billion in local political spending, creating substantial revenue opportunities across broadcast television, linear cable, CTV/OTT, radio, and direct mail. While some legacy formats, including print, continue to face long-term declines, others are evolving. Across the market, advertisers are increasingly adopting full-funnel strategies, combining high-reach media such as cable, broadcast, and OOH with data-driven digital channels to drive both awareness and measurable outcomes. Radio also remains a stable local medium, with additional opportunities emerging through digital audio, including streaming and podcasts.”
conservative or liberal – depending on the channel – all-news radio’s audience is almost perfectly balanced. Audacy adds that it matters when it comes to election season. “While most national news platforms reach consumers who already lean one way or another, all-news radio’s neutrality makes listeners more willing to hear a message – even from a candidate they might initially distrust. The Alter Agents study found that 77% of listeners considered all-news advertisers to be ‘trustworthy’ simply by running adjacent to the content.” 
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.”
San Francisco. Cumulus chief content officer Brian Philips says, “Among our strong field of Cumulus programmers, Luis leapt from the pack as the person possessing the energy and imagination to lead WMAL. Luis visualizes the multi-dimensional future of this big brand. The immense benefit of keeping Luis ‘in house’ is that he will continue to offer expert counsel to our revitalized operations in San Francisco and Los Angeles, as needed.” Segura says, “I’m incredibly excited to work with the legendary staff of Cumulus’ flagship news/talk. WMAL is packed with national names like Larry O’Connor and Chris Plante, and I can’t wait to join the team.”
back at a century of service to the Fox Valley, but today, we turn our gaze forward. After retiring our special 100-year commemorative look, we didn’t want to just go back to ‘business as usual.’ We’re kicking off our second century with a fresh new look that reflects the evolution of WHBY and our unwavering commitment to the next generation of listeners.” WHBY brand manager Alex Thomas adds, “We are excited to usher in a new era of WHBY. Our rebrand represents a new chapter of WHBY and reflects who we are today and where we are heading next. This transformation goes beyond a new logo. It represents our vision of strengthening community awareness, enhancing the way we deliver news and conversation in the Fox Cities and beyond. While our look may be changing, our core values remain the same. Being trusted, local, and community driven remains a pillar of WHBY.”
Assessing the hourly threat to the very existence of the medium of radio is a popular hobby among conventioneers. The audience levels for radio are astonishingly constant since 1970, but according to “radio people,” they are living at the edge of a volcano. Spotify radio, SiriusXM radio, Pandora radio, TuneIn radio, Internet radio, there are all kinds of radio! General Motors wants to throw AM/FM radio out of the car as in “do you really need radio in the car?” Radio’s response to the in-car-removal threat is by promising non-stop typhoons and hurricanes.
In “
TALKERS “Heavy Hundred” national prominence for years, originally launching his daily three-hour “The Dr. Asa Show” on its flagship radio affiliate, iHeart’s WLAC, Nashville. Andrew has subsequently and simultaneously returned to his roots as a professional wrestler and recently joined TNA Wrestling as the company’s ringside physician and head of sports medicine.