Radio & Television Business Report

Cumulus Media has dramatically reduced payroll through the reduction-in-staff of individuals across the U.S. Now, the company today led by CEO Mary Berner has issued its Q2 2026 results — all but certain to be the last it shares as a public company. How did the company once tied to the Dickey brothers fare?

Noting that both Nexstar Media Group and TEGNA "take seriously the concerns" expressed by DirecTV in regard to their compliance of a preliminary injunction ordering a "hold separate" state of affairs between the two TV station ownership groups, a freshly filed status report shows where Nexstar is on reconstituting TEGNA's Board of Directors.

Documents produced by Nexstar in a retransmission consent complaint brought against it and two shared services providers in March 2023 by DirecTV have been criticized by the plaintiff in the federal legal battle as being deficient. Still, DirecTV believes there's another data that tilts the ongoing price fixing claim in its favor.

An Emmy-winning journalist, multimedia reporter and producer who worked at the ABC affiliate in Detroit owned by The E.W. Scripps Co. until three years ago has unsuccessfully appealed a gender discrimination case filed against the company and its CEO, Adam Symson.

Net income declined for the radio station owner in the second quarter, as did its net operating revenue, as Chief Financial Officer Sam Bush disclosed that the company has sold its residential home used for Saga business in the picturesque Lido Key neighborhood of Sarasota, Fla.

High Plains Radio Network, which filed for Chapter 11 bankruptcy protection in March 2024 and saw no less than three proposed buyers back out of deals across the next two years, has agreed to transfer a group of 20 radio stations to a New York-based private equity organization founded by Chairman/CEO Atonn F. Muhammad.

Dan Bongino is headed back to radio, and he'll be part of a new three-hour offering being distributed through the national radio arm of the broadcast licensee nearly ready to emerge from voluntary debtor-in-possession status with more than 30% of its voting interest going to the man behind notorious newspaper publisher Alden Global Capital.

Thirty years ago, he was known as "Keith Clark" and successfully navigating WBZZ "B94" in Pittsburgh. Today, he's Keith Stover, and with Marie Stover operates a two-station media company in the Columbia, S.C., market. Now, his operation is poised to benefit from Townsquare Media's Townsquare Ignite unit.

“We are thrilled to renew this partnership and especially happy for our partners and fans who will continue to have full access to these broadcasts nationwide,” said Mr. Michael Calderon, Sr. VP of Programming and Digital Media for the Big Ten Network.

MediaCo Holding Inc., the publicly traded owner of Estrella Media and longtime New York audio brands WBLS and WQHT "HOT 97," quietly released its second quarter earnings results following Friday's closing bell for U.S. financial markets. The prognosis for the company led by CEO Albert Rodriguez?

A Mendocino County, Calif., FM radio station with a Class B signal capable of reaching Laytonville, to the north, and northern portions of Santa Rosa and St. Helena to the south is being spun by Bicoastal Media.  The buyer in this deal brokered by Kalil & Co.? It's the giant of Christian Contemporary Music.

The European online clothing reseller that's seeking to attract the Poshmark crowd continues to invest heavily in promoting itself through Spot Cable advertising, the latest Spot Ten report from Media Monitors shows.

The individual presently serving as Director of National Sales for Hearst Television has been promoted to the newly created role of VP/Revenue, reporting to EVP Ashley Gold. It is an individual who first joined Hearst TV in 2023 as OTT National Sales Manager.

Upfront advertising activity still matters a lot. And, that's what concerns Brian Wieser of Madison & Wall. Before the 2026-2027 Upfronts began, his firm expected linear TV upfront volumes to decline by 4.4%. As the summer progressed, it appeared that the market was "somewhat weaker" than initially expected. 

As AdLarge's VP of Ad Partnerships, the organization gains an individual whose resume includes roles at Scripps Networks, Discovery, and the National Hockey League — an individual lauded for "an extensive track record of developing brand partnerships and integrated sponsorship programs."

Los Angeles-headquartered entertainment technology company and studio Cineverse's VAUDIO takes an advertiser's existing podcast, radio or streaming-audio commercial, adds the visuals required for television, and can activate the campaign across connected TV  inventory without requiring a traditional video shoot.