Radio & Television Business Report

Membership has its privileges, and if you have full website access to the Radio + Television Business Report, you've just received the key to unlock the autumn edition of the quarterly media broadcasting business publication known for its exclusive conversations, unique insight and straightforward stories on new technologies, each hand-crafted and designed to help your team create and development long-term growth opportunities that will make you thrive.

Yes, there was an $8 million quarterly loss for the nation's largest owner of broadcast radio stations and biggest creator of audio content in the U.S., as political revenue fell short of the company's goal. That said, iHeartMedia has enjoyed sizable growth in its podcast revenue — so much that it will become its own reporting segment in 2027.

In an announcement that arrived late Friday, Circle City broadcast TV viewers who rely on DirecTV to get their local channels will now be able to get the local ABC, MyNetworkTV and The CW Network affiliates.  At long last, DirecTV and DuJuan McCoy-led Circle City Broadcasting have come to terms on a carriage agreement.

For well over a year, the Permanent Subcommittee on Investigations minority has been conducting an inquiry into the Trump Administration’s "attacks on the First Amendment," which they believe includes the FCC. As such, they want Chairman Carr and the heads of the Enforcement and Media Bureaus to respond by the end of November.

Given the third quarter results for the nation's largest licensees of UHF and VHF stations, election-oriented revenue is singlehandedly responsible for big year-over-year gains. That's most certainly the case at Gray Media, which reported Q3 2026 earnings on Friday that Executive Chairman and CEO Hilton Howell Jr. cheered.

There's a new product feature for the iHeartRadio app now activated that has been designed to give users the ability to "simply and quickly" toggle back and forth between full-function mode and the "just essentials" Lite Mode found on the live and on-demand audio app — — depending on their usage and needs at any time.  

News/Talk still tops the dial, Adult Contemporary still leads music, and younger listeners are finding their favorites in Country, Pop, and Alternative. Nielsen’s latest quarterly look at radio formats finds steady listening across the board as football season kicked off and baseball headed to its pennant races.

It's a deal brokered by Kalil & Co., and it will see two of the Cuban American communities' most-storied AM radio stations come under the ownership of the Boca Raton, Fla.-based organization best known for "The Rob Carson Show" and for is eponymous conservative-leaning cable TV news network.

The former CEO of free advertising-supported video platform Tubi will be succeeding Jennifer Witz. The new SiriusXM leader has also led music video hub Vimeo.

The company led by CEO Caroline Beasley is expected to reveal its Q3 2026 results on Monday. But what the Beasley Media Group head has to say on Thursday may be more valuable — and you'll have to be in the room where it happens to hear what she has to share as the 2027 Forecast conference takes place.

Entravision has transformed itself into a digital revenue juggernaut. In Q3, the Advertising Technology & Services segment saw its net revenue leap by 133% from last year. That said, media revenue also increased, enjoying a 10% gain. Thank political advertising and retransmission consent fees for the bump.

He's been the Director of Engineering at WCVB-5, the flagship station of Hearst Television, since 2023. Now, he's being promoted to a company-wide role as Regional Director of Engineering, spreading his knowledge base to other properties within the Hearst family.

In the summer of 2024, Meruelo Media agreed to a $30 million transaction that saw the broadcast TV station formerly known as KWHY-22 in Los Angeles become the flagship broadcast property for Scientology Media Productions. Now, The Church of Scientology seeks to expand its reach with a Florida station. The broker of record: Kalil & Co.

Sharing visions. Projecting revenues. Discussing the strategies that will guide and drive the broadcast industry in the coming year. Streamline Publishing's Forecast conference is where the high-level executives are free to share it all ... and exclusively in the room where it happens. You can still be a part of it all.

In broadcasting, term sheets are a key scoreboard, and private equity, strategic buyers, and lenders are all keeping a watchful eye on which companies have the scale, discipline, and positioning to win the next cycle and which will become someone else’s asset. By this time next year, many questions will have answers. At Forecast 2027, you'll be one step ahead.

It's being heralded by one Golden State-based media broker as "a potentially important new financial opportunity for California's local broadcasters." The good news, says Brett Miller of MCH Enterprises? "AB 2222" could be headed to other states.