Urban One Q1 2026 Net Revenue Down 15.8%
Urban One reports its operating results for the first quarter of 2026 and states that net revenue for the period was approximately $77.7 million, a decrease of 15.8% from the same period in 2025. The company reports an operating loss of approximately $2.2 million in Q1 of 2026, compared to operating income of approximately $2.1 million during the same period 
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. 
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.”
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.