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 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.
change, especially at the top of the ranker where NPR’s “NPR News Now” (#1), The New York Times’ “The Daily” (#2), “Up First from NPR” (#3), NBCUniversal’s “Dateline NBC” (#4), and FOX Audio Network’s “FOX News Hourly Update” (#5) fill out the top five. Moves of note include comic Tim Dillon entering the top 20 at #19 with his “The Tim Dillon Show” and Disney’s “20/20” joining the chart at #20. 
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. 
2025. The company reports declines in all segments of its business; even digital revenue was off 8.3% ($33.5 million). Network spot revenue was down 25% ($33 million), and broadcast spot revenue was $67.7 million, a decline of 16.3% from Q1 of 2025. Cumulus president and CEO Mary G. Berner says, “We are pleased to report first quarter earnings. The Court’s recent approval of our reorganization plan marks a pivotal milestone in strengthening our financial foundation and positioning the company to compete in the evolving media landscape. While we await FCC approval of the plan, we remain focused on leveraging our core strengths to drive long-term value creation.”
has climbed up Triton Digital’s U.S. Podcast Ranker, finishing at #3 for the February 2026 period. Audioboom’s “Pod Save America” displaced iHeart Audience Network’s “Stuff You Should Know” for the #1 spot. Elsewhere, Salem Podcast Network’s “The Charlie Kirk Show” fell two places to #6 as did iHeart Audience Network’s “The Clay Travis and Buck Sexton Show,” which landed at #12. 
Hello from Las Vegas, where I am both eager and anxious for CES2026.