Industry News

Its leaders outline ongoing cost-cutting measures amid turbulent market conditions

The post Cumulus’ Q2 Revenue Drops, But Digital Growth Offers a Lifeline appeared first on Radio World.

The second quarter of 2025 was a beneficial one for broadcast TV station ownership group TEGNA Inc., as CEO Mike Steib noted the company formerly known as Gannett is "making important progress on the strategic initiatives" that will shape the NYSE-traded company's future."

For Nexstar Media Group, "strong expense management" helped cushion a 9% year-over-year advertising revenue decline in Q2. The great news for investors? Nexstar beat analysts' forecasts on earnings per share and revenue in the quarter.

Paramount Skydance Corporation is officially the owner of CBS News & Stations. It is trading on the Nasdaq GlobalSelect market as "PSKY," and as of 3:35pm Eastern was down by 2.2% from its inaugural $11.65 price. That still doesn't sit well with the lone Democrat who serves as a FCC Commissioner.

The operator of an unlicensed radio station targeting the growing Dominican segment of the Spanish-speaking population in Northeastern Pennsylvania has entered into a Consent Decree with the FCC, ending its investigation into his illegal broadcasts. A small "voluntary" U.S. Treasury payment is part of the agreement.

Sports representation and marketing agency Athletes First has signed an agreement with Sinclair that creates a collaboration that will tie events and talent with Sinclair and its AMP Sports portfolio of digital content and original podcasts.

FCC Chairman Brendan Carr has appointed a new Chief of the FCC’s Office of Engineering and Technology. He will serve as the Commission’s principal technical advisor helping to shape spectrum policy, guiding equipment authorization, too. What does this mean for Ira Keltz?

He argued his "even-handed treatment" is a break from past political influence

The post FCC Chair Brendan Carr Pushes Back in Letters to Lawmakers appeared first on Radio World.

The E.W. Scripps Co. has entered into an indenture with U.S. Bank that will see the broadcast TV station ownership group issue $750 million aggregate principal amount of new 9.875% senior secured second lien notes due 2030.

“Sinclair delivered solid second quarter results, successfully navigating a challenging macro-economic environment." That's the assessment of Sinclair Inc. President/CEO Chris Ripley as the publicly traded company fueling the push toward ATSC 3.0 adoption released its Q2 2025 financial report card on Wednesday afternoon.