Saga Buys Back 2.8% of Common Stock
Saga Communications repurchases 184,215 shares of its common stock for an aggregate purchase price of approximately $2.1 million, or $11.50 per share, through a privately negotiated transaction. The repurchased shares represent approximately 2.8% of the
company’s currently outstanding common stock, based on 6,556,621 shares outstanding as of December 11, 2025. After closing, these shares were returned to treasury and are no longer outstanding. Chief financial officer Samuel Bush says, “We are pleased to announce the completion of a privately negotiated stock repurchase transaction, which underscores our ongoing commitment to deliver value to our shareholders. This transaction reflects our confidence in the company’s long-term strategy and financial strength, while providing us with greater flexibility to manage our capital structure. We remain focused on disciplined capital allocation and generating a meaningful return for all stakeholders.”
says, “This interactive session brings together four distinguished executives representing key areas across today’s audio landscape, offering attendees an opportunity to learn practical leadership skills, modern management strategies, and actionable insights for navigating a rapidly evolving industry.” Panelists will include: Erik Hellum, chief operating officer, Townsquare Media Group; Dara M. Kalvort, VP of digital sales, StreamGuys; Kieran Geffert, SVP and market manager, Audacy San Francisco; and Mary Boyle, VP & general manager, WGN Radio Chicago – Nexstar Media Inc. 
rate increases. Cumulus argued, “Nielsen, a monopolist engaging in anticompetitive behavior, holds all of the power during contract negotiations, resulting in an unequal bargaining dynamic that is ripe for retaliation. For example, Nielsen can and has raised its rates significantly during negotiations. 
If identifying information is revealed to Nielsen’s businesspeople, Nielsen can retaliate with additional rate increases, resulting in manifest injustice to these third parties actively involved or who will be involved in negotiations with Nielsen.” After denying Cumulus’ request on December 4, Cumulus filed a supplemental brief and on December 15 Judge Jeannette Vargas agreed with Cumulus, writing, “Cumulus has established that sufficient countervailing factors – in particular, the privacy interests of these non-party declarants, the lack of bearing these narrowly tailored redactions have on the merits of this action, and the non-party declarants’ susceptibility to economic retaliation – outweigh the strong presumption in favor of public access to judicial documents.” 
we are coming back for three years. Thanks to the good folks here at SiriusXM, who I told you, I really do adore. I was able to create Robin [Quivers] a more flexible schedule and so we’ll be back. I know you and I have talked about it privately Robin, even though you’re pretending you didn’t know the announcement. But I did check with my Robin to see that she was up for it as well because if Robin wasn’t up for it, then I wasn’t going to do it. I still do love being on the radio. I think the show is better than ever, I really do believe that in my heart.” Stern’s five-year, $100 million contract ends this month and speculation about whether he and SiriusXM would be able to come to terms on a new deal or even if Stern wanted to continue began last summer with many media pundits predicting the end of their relationship.
Lien Senior Secured Notes due 2031. The company reports that it “received from Eligible Holders valid and unwithdrawn tenders and related Consents, as reported by its exchange agent, representing approximately $476.02 million in aggregate principal amount of Existing Notes, or approximately 97.580% of the aggregate principal amount of Existing Notes outstanding.” This move allows Urban One to kick the can down the road another three years in exchange for paying debt holders a higher rate of return.
manager for the cluster that includes news/talk KMAJ-AM “The Big Talker,” sports talk KTOP-AM and four music brands. Lee announced her exit via social media saying, “After 11 years and 11 months, my position with Cumulus was eliminated. Reaching almost 12 years with a single employer is a remarkable feat in media. If you’ve listened, commented on social, came to an event, played a contest, or even waved at me while I was driving that huge van, thank you for engaging. The state of radio today can be hard to love. What’s next for me? TBD.”
If you missed yesterday’s webinar, look for the replay which will be posted today at 
across the state of Wisconsin and based at WAUK, Waukesha, is doing her last program today (12/12). Matenaer, who works with co-host Greg Bach, recently announced her retirement after 44 years in the business. Prior to joining Civic Media three years ago, she served with Good Karma Brands’ news/talk WTMJ, Milwaukee in the newsroom and in morning drive.
Annual Digital Sales Mentorship Program. Candidates now have until December 29 to apply. MIW says, “This year-long program is a career-accelerating opportunity designed to strengthen the next generation of women leaders in digital radio sales. One outstanding female seller or manager will be selected to receive personalized, hands-on mentorship from a top industry expert; an opportunity that can reshape a career trajectory.” 
host the show with WFAN personality Chris McMonigle. Audacy New York market president and chief business officer Chris Oliviero says, “Craig Carton’s return reaffirms WFAN’s position as New York’s premier sports destination for big personalities, compelling conversation, and highly engaging content that is difficult to ignore. Our 2026 lineup has familiar marquee voices all day and all night, guaranteeing that whenever you tune into ‘The Fan,’ you will be smack dab in the middle of the New York sports culture.” Carton states, “WFAN has always been home to me. Having the opportunity to return and rejoin the best sports talk station in the world is an opportunity I am eagerly looking forward to and beyond excited for.” Carton’s return bumps current afternoon team Evan Roberts and Tiki Barber to middays and current hosts Brandon Tierney and Sal Licata will exit. Additionally, “Evan and Tiki” executive producer Tommy Lugauer will host a new evening show titled, “After Hours.”
than just retail businesses. From brands to home services to manufacturers — if your customers are shopping online, you’ll be able to find them, right at the point of purchase; 2) Move the dollars that matter. Learn why successful advertisers are shifting traditional TV budgets to Amazon DSP to reach ready-to-buy audiences more efficiently; and 3) Prove performance with clarity. See real results from local case studies that connect campaign exposure to leads, site visits, and sales. 
drive. The station says Weber will remain a contributor to WISN programming and station initiatives. Weber says, “It has been an incredible honor to wake up Wisconsin for the past 35 years, and I’m grateful to every listener who has made this show part of their morning routine. I’m not retiring – just shifting formats – and I’m excited to continue the conversation in a new twice-weekly podcast.” WISN program director Jerry Bott comments, “Jay Weber has been one of the best talk show hosts in America for a long time. He’s built a bond of trust and credibility with his listeners, and after 35 years on the daily morning clock, transitioning to a twice-weekly podcast is much-deserved while still delivering for his loyal listeners. We fully support Jay with his decision and are proud to help him continue his legacy on the iHeart podcast platform.”
continue to be a member of the prestigious organization’s Advisory Board in 2026. Upon receiving this latest appointment (12/9), Harrison stated, “I am honored to be associated with this great group that continues to grow and inspire broadcasting artists and professionals around the world to achieve new levels of quality and positive societal influence – not to mention, unite and provide a sense of cohesiveness to the global media community.” The NY Festivals issued the statement about its Class of 2026: “We anticipate wonderful submissions from around the globe before the deadline. Our Storytellers Gala will salute Radio trophy winners in the spring. Combined with our TV & Film Winners, it will be a celebration of innovative storytellers across all platforms.” 
California station group that includes sports talk KESP-AM and five music brands. Price most recently served with Alpha Media prior to the Connoisseur Media merger in Bakersfield. Cumulus Media regional vice president Patty Hixson comments, “Jeremy is a very special leader and a highly effective manager who will greatly contribute to the success of the Stockton-Modesto cluster. We are pleased to welcome him aboard.”
Whitmer to the KNSS morning show alongside Ted Woodward. ‘Woodward and Whit’ will build on the foundation of smart, local conversation that our listeners expect by delivering the essential news, candid analysis and enjoyable banter that starts the day right. This is a powerful pairing that promises to keep the Wichita community informed and engaged.” Whitmer has been hosting an eponymous two-hour weekend show for KNSS since 2018. He’s a veteran of Kansas politics having served in roles for local, state, and national Republican campaigns. Whitmer currently serves as the Chairman of the Sedgwick County Republicans. He says, “I’m honored to join Ted Woodward on ‘Woodward & Whit,’ stepping into the big shoes left by Steve McIntosh, who dedicated over 50 years to Wichita mornings. I look forward to bringing news coverage, straight talk, common-sense discussion and a little fun to help our community start the day on the right note.”
the top three remain unchanged – #1 “NPR News Now,” #2 “The Daily,” and #3 “Up First from NPR” – Cumulus Podcast Network’s “The Shawn Ryan Show” climbs two places to #4. Other news/talk media-related podcasts of note include the “FOX News Hourly Update” falling two places to #6, “The Tucker Carlson Show” rising two places to #17, and Salem Podcast Network’s “The Charlie Kirk Show” regressing eight places to #19. 
Carolina – southwest of the city of Charlotte. The company says the move will bring “Charlotte’s premier source for news, conversation, and community connection to a powerful 100,000-watt signal.” The company is moving WLNK to the 100.9 and 93.3 frequencies. Charlotte VP and market manager Marsha Landess adds, “We are thrilled to elevate WBT to the FM dial, ensuring that even more listeners can connect with the voices they trust every day. These moves further strengthen our position in the market and reinforce our commitment to serving Charlotte with the best local programming, news, and entertainment.”
Andy Economos, the founder of Radio Computing Systems (RCS), was a leader in bringing digital tech into the radio industry. In 1980, he was leaving his position as head of technology for NBC Inc. to start his own company. I was EVP of the NBC FM stations. Andy and I were walking to lunch, crossing Sixth Avenue at 49th street and he asked me, “Is there any software your radio stations could use?”
standard in audio, and it’s an honor to join a brand creatively steeped in sports storytelling. Not unlike the Savannah Bananas, I’m prepared to push the limits of sports talk. I’ll deliver for Jimmy in Tucson, Arizona just as much as Joe in Marshall, Texas. And for every groundbreaking Los Angeles Lakers trade, there’s a Boston College linebacker who survived cancer. You’ll hear the same fire and heart for each. We’re going to create something special; I promise you that.” Cumulus SVP sports/content & audience Bruce Gilbert comments, “Drake represents exactly what we’re building – a modern, interactive sports experience that is driven by personalities and fueled by fans – programming that breaks away from the predictable and formulaic. Drake’s ability to entertain, connect, and innovate makes him the ideal voice for mornings on Westwood One.”
co-host of “The Bottom Line,” beginning Monday (12/8). Brenberg will continue his role with the network co-hosting “The Big Money Show” alongside McDowell, Jackie DeAngelis and Taylor Riggs. Brenberg says, “It’s been great to work with Dagen on ‘The Big Money Show’ and I am excited to join her on ‘The Bottom Line’ where we can continue our conversations surrounding the biggest market movers and business drivers that are impacting Main Street, Wall Street, and everyday Americans.”
grown exponentially in the U.S., so much so that Edison Research just unveiled the results of a new research effort called The Infinite Scroll: A TikTok Report in a recent webinar. Edison says the webinar offered insights into how often U.S. users engage with TikTok, their perceptions of the platform, ad recall on TikTok, if they spend too much time on the platform, and more.