Radio & Television Business Report

Here's the good news when it comes to the Q2 earnings report from iHeart: revenue increased by more than $43.5 million in the three-month period ending June 30. Here's the not-so-pleasant news regarding iHeartMedia's Q2 performance: A net loss slightly lower than last year's $83.48 million finish was logged.

As key Washington, D.C., lawyers who spoke with RBR+TVBR see it, there's little consensus on whether Trump FCC Commissioner nominee Danielle Thumann Severs will get the Senate's OK. These legal pros also differ in opinion on whether a recent Supreme Court ruling gives President Trump the ability to create a GOP-only FCC.

There's been an empty seat at the FCC since June 30, 2024. The Commander-in-Chief of the U.S. has just nominated an individual from North Carolina to fill it, yielding congratulations from Chairman Brendan Carr and Democratic Commissioner Anna Gómez.

The Atlanta-headquartered company's second quarter 2026 results were released shortly after 6am Eastern on Friday, and Gray is "particularly pleased with political advertising." It not only "significantly exceeded" its Q2 guidance but is trending ahead of 2022 and 2024 year-to-date levels. 

Just days after the company's CEO confirmed that nearly 270 individuals would be losing their jobs as part of a "refounding" effort, The E.W. Scripps Co. late Thursday released a Q2 earnings report that is wholly effected by a massive $1.14 billon non-cash impairment charge and primarily linked to a nearly $50 million decline in operating revenue.

The Founder, President, and Chief Executive Officer of Central New York radio station owner Galaxy Media plans to retire later this year after 36 years leading the broadcaster he built into a regional player.

It was a fiscal Q1 of 2027 full of milestones, including a"20/20 True Crime" channel on its TuneIn audio streaming app in partnership with ABC News; and the July 27 closing of its purchase of Adult Hits CHUP "UP 97.7" in Calgary. Of those positives for Stingray Group Inc., the purchase of TuneIn may be its strongest.

Hey, Jonas Brothers fans — the iHeartMedia podcast is one of six titles that will soon be distributed on Disney+ and Hulu, thanks to a freshly inked deal between the Walt Disney Co. and the nation's largest audio content creator and distributor.

Connoisseur Media has won FCC approval to maintain up to 100% indirect foreign ownership of its broadcast radio licenses in a structure that would place majority equity in the hands of Cayman Islands-registered entities while CEO Jeff Warshaw retains full voting control.

He spent 31 years leading influential R&B radio station KBLX-FM in San Francisco, championing the "Quiet Storm" sound that paved the way for softer, jazzier sounds on U.S. radio across the 1980s and 1990s. Now, many in Radio are mourning the loss of Harvey Stone.

How did the company's Radio stations perform, as CEO Bill Wilson has stated it is Townsquare Media's digital revenue streams that are its growth engines? Radio is now the No. 2 dollar generator for Townsquare, which swung to a net loss due to a large non-cash impairment charge it opted to take against its broadcast properties.

He spent more than a decade at Univision Communications, rising to VP of Advertising Sales, before exiting for a similar role at Estrella Media. In August 2022, he joined Gray to lead its Spanish-language media sales. Now, Jason Hall is being promoted at the company today known as Gray Media.

It is a tale of two segments when it comes to the financial health of Entravision Communications, the company rooted in Hispanic broadcast media in the U.S. For its heritage Spanish-language radio and TV properties, Q2 revenue was down a sliver — even with the 2026 FIFA World Cup. The Advertising Technology & Services division? That's a whole other story.

The audience was massive, the cultural relevance undeniable, and the pressure on brands to participate intense. Now that the 2026 FIFA World Cup has ended, media companies are confronting a troubling possibility: many advertisers may have already spent most of their 2026 media budgets, HispanicAd's Gene Bryan worries.

For some in broadcast media, professional voice cloning powered by advanced AI technology is of keen interest. For the President of Oink Ink, it is a new business endeavor he hopes radio broadcasting companies will consider for their stations.

The University of Florida's commercial radio stations are getting a new sales partner: the publicly traded licensee led by Chris Forgy. The company will take over advertising for the Gainesville AM/FM pair in September in an arrangement that also makes Saga Communications a partner in training the school's journalism students.