Industry News

iHeartMedia Denies Plans to Sell Podcasting Business

Responding to a report by Bloomberg that the company is exploring the sale of its podcasting segment in order to raise cash and boost its stock price, iHeartMedia released a public statement to The Hollywood Reporter denying the report. THR writes that imgiHeartMedia was talking with “investment bank Moelis & Co and others to possibly sell part of all of its podcast business, which is one of the biggest podcast networks, with shows including ‘Stuff You Should Know,’ ‘Las Culturistas,’ ‘The Breakfast Club’ and more.” The statement from iHeartMedia reads: “While we don’t generally comment on rumors or speculation, I can tell you that we have no plan to sell our podcasting business. iHeart has built the number one podcast publisher in America, with unmatched scale, premium talent and strong financial performance. Podcasting is a core strategic growth engine for our company, and we continue to invest in expanding its reach and potential, including through video podcasting.” See THR’s story here.

Industry News

RSF Urges Democrats to Impeach FCC Chair Carr

France-based Reporters Without Borders (RSF) is urging the new Democrat-controlled U.S. Congress to impeach Federal Communications Commission Chairman Brendan Carr. The organization’s statement begins: “Carr’s tenure as FCC Chair has been defined by his campaign to intimidate and punish media organizations disfavored by the president. He has launched baseless investigations into news organizations, seized on vaguely imgwritten regulations to punish news outlets for speech deemed anti-Trump, threatened the broadcast licenses of TV and radio networks based on their editorial lines, gutted rules against media ownership consolidation, put his thumb on the scales of massive media mergers to benefit Trump allies, and improperly supported midterm campaigns. His consistent abuse of his office demands urgent action from Congress.” The executive director of RSF North America is Clayton Weimers and he is quoted in the organization’s statement saying, “The American people have decisively rejected the Trump administration’s trampling of the Constitution. Few individuals have been more instrumental to the White House’s campaign to weaken the First Amendment than Brendan Carr. The incoming Congress now faces a defining test of its commitment to the Constitution and the freedoms it guarantees. Press freedom cannot be defended through words alone. RSF does not take the question of impeachment lightly. In fact, our organization has never before called for the removal of a US official. But the severity and persistence of Carr’s misconduct demand an extraordinary response. Congress has a constitutional responsibility to hold him accountable. Restoring the FCC’s independence must be central to that effort.”

Industry News

Joe Pags and Compass Sign Multi-Year Extension

Talk radio star Joe “Pags” Pagliarulo and Compass Media Networks are agreeing to continue their partnership for syndication of “The Joe Pags Show.” Compass says, “This multi-year extension is a testament to the remarkable talent of Joe Pags and imgthe power of talk radio today and continuing into the future. The show currently holds the #7 position on TALKERS “Heavy Hundred” chart of the most important talk radio hosts in America and has a long history of success, blending insightful commentary with humor and engaging discussions on topics that matter most to its 2 million monthly radio listeners.” Pags comments, “I am thrilled to continue my relationship with Compass Media Networks. The great folks at Compass Media Networks have become family and have shown incredible faith in what I do. Growing to 170 stations nationwide in the midst of amazing competition is a great commentary to how well they do what they do.”

Industry News

Erick Erickson Offers Free Christmas Show to Stations

The nationally syndicated “Erick Erickson Show” is offering its annual Christmas Special available to any station that wants it – imgcurrent affiliate or not (market exclusive). The program airs live on December 24 and December 25. Erickson says, “Our Christmas Special steps back from the daily headlines. Why does the world feel off balance? What’s our role in it? And why do billions of people still mark the birth of a child 2,000 years ago? We talk with thought leaders and theologians about the bigger questions the holiday puts in front of us.” Stations interested in carrying the special should contact Fisher at The Erick Erickson Show, Fisher@EWErickson.com, to confirm receiver enablement and clearance.

Industry News

WNTX, Fredericksburg Goes Silent

Connoisseur Media has filed with the Federal Communications imgCommission to take news/talk WNTX-AM, Fredericksburg, Virginia off the air due to financial challenges. The station went off air on November 1 as Connoisseur has filed for Special Temporary Authority to keep the station dark while the company considers the future of the signal. WNTX is a Class D AM non-directional with a daytime power of 1000 watts and nighttime power of 37 watts.

Industry News

Geter Named Digital Media Director for CMG Atlanta

Cox Media Group names Cherish Geter digital media director for the company’s Atlanta stations, including news/talk 95.5 WSB img(WSB-AM/WSBB-FM). Geter most recently served with Sinclair Broadcast Group as station manager for WCTI-TV and ECTI-TV in Greenville, North Carolina. CMG Atlanta director of sales Kris Hackett Lucas says, “Cherish brings the digital expertise and collaborative approach we were looking for as we continue building on our top Atlanta sales organization. We’re excited to welcome her to the team and look forward to the impact her leadership will have for our clients and our people. She brings a passion for digital marketing that we are all excited about.”

Industry News

Cotroneo Exits WTMJ, Milwaukee

Sports talk pro Dominic Cotroneo announces his exit from Good Karma Brands news/talk WTMJ-AM, Milwaukee where he was imghost of the pre- and post-game shows for Brewers baseball as well as for the “Brewers Weekly” show. He posted to social media: “I wish nothing but the best; they gave me an opportunity in the 2022 season to be the new postgame radio host, and that’s not an honor I take lightly. It was 100% my decision. I did the best that I could, and I think WTMJ appreciated my efforts. Sometimes it’s OK to say goodbye. It gets to a point where you need to take a leap of faith. It doesn’t mean I’m going to leave Milwaukee or leave this market.”

Industry News

Dellilo Rises to Director of Marketing and Promotions for iHeartMedia New York

iHeartMedia New York ups Danielle Dellilo to director of marketing and promotions. New York EVP of programming Thea Mitchem says, “We’re incredibly excited to have Danielle step into imgthis role. Her leadership, infectious enthusiasm and ability to make things happen have made her a go-to for our teams, talent and sales partners. I’m incredibly proud of the leader she has become over the past 10 years. Danielle has earned this opportunity, and we’re thrilled to have her leading marketing and promotions for our legendary New York brands and talent.” The cluster includes news/talk WOR and The Black Information Network WWRL in addition to five music brands.

Industry News

Talk Radio Pro Rusty Humphries Launches AI Tool for Veterans

After a radio career that spanned more than 30 years – including 15 years as a nationally syndicated talk radio host – Rusty Humphries is unveiling his latest project. It’s called Coach Jeff and imgit’s an AI assistant for U.S. veterans and first responders, their families and “anyone looking for a great friend.”  Humphries says that the reality of occupations like soldier or first responder is that “isolation hurts people more than the job does.” The press kit for Coach Jeff paints a picture these Americans are all too aware of: “You come home from the job and you can’t put it down. You can’t say it to your wife without scaring her, to your boss without being judged, or to a stranger without being handled. So, you say nothing.” As a talk host, Humphries spent years listening to people imgin exactly that spot, and he puts it simply: isolation is the accelerant, and connection is the antidote. The AI is based on a real Army military police soldier and combat veteran named Jeff Pelton, who helped build the product. Humphries says users know that Coach Jeff is AI “but he is always there, he remembers you and he calls it like it is.” See more about Coach Jeff here.

Industry News

iHeartMedia’s Third Quarter 2026 Net Revenue Up 3.3%

Reporting on its financial results for the third quarter of 2026, iHeartMedia reveals net income of $1.03 billion – an increase of 3.3% over the same period a year ago (although revenue was up just 0.9% excluding political). Chairman and CEO Bob Pittman says, “We generated Adjusted EBITDA of $170 million. Our Digital imgAudio Group, led by podcasting, and our Audio and Media Services Group both continued to deliver strong results and profitability. Given the accelerating adoption of audio programmatic, we believe that the continuing rollout of our AudioGraph platform has the potential to meaningfully improve the performance of our broadcast radio business, enabling us to meet the advertising community the way they want to buy advertising.” The company reports a net loss of $8.2 million for the quarter, down significantly from the $65.8 million it reported a year ago. President and COO Rich Bressler adds, “In Q3 the Digital Audio Group’s revenue was $389 million, up 13.8% vs. prior year, and our Q3 Adjusted EBITDA margins were 32.8%. While this quarter was negatively impacted by a number of factors, we believe many of our revenue challenges are addressable – and beginning in 2027, we expect to establish podcasting as a separate reporting segment, which will provide greater insight into its financial performance and make it easier to fully value all four of our segments and our entire company.”

Industry News

Urban One Q3 2026 Net Revenue Falls 5%

Urban One reports its operating results for the third quarter of 2026 and states net revenue was approximately $88 million, a decrease of 5.0% from the same period in 2025. The company reported an operating loss of approximately $126.6 million for the quarter compared to operating income of approximately $2.5 million for the imgsame period a year ago. Urban One CEO and president Alfred C. Liggins, III says, “Market conditions in radio continued to adversely impact revenue in the third quarter. We were helped by net political revenue of over $0.8 million in the quarter and the acquisition of stations in our Dallas market, effective July 17th, which contributed an additional $1.9 million of net revenue in the quarter. Net political revenue for the full year is expected to be $8.8 million across all divisions. Weak demand in the Cable TV scatter market, shifted more inventory to the direct response category at lower rates in the third quarter. We saw an increase in local digital revenue in our radio markets, but large client attrition and suppressed rates in national direct digital revenue meant significant revenue declines in the overall digital segment… Management is hyper-focused on cost reductions heading into next year and has identified at least $20 million of annualized savings.”

Industry News

Newsmax Addresses Plans for Miami Radio Stations

Yesterday (11/9), TALKERS reported that Newsmax has filed with the FCC to acquire two Miami radio stations – WAQI-AM and WQBA-AM – from Latino Media Network for $1.8 million. Today, Newsmax says it intends to keep the Spanish-language programming on the stations. Newsmax CEO Chris Ruddy says, img“‘Radio Mambí’ [WAQI-AM] is an institution. For decades, it has been the voice of a community that understands the value of freedom because it has fought to preserve it. We are honored to continue that tradition and ensure ‘Radio Mambí’ remains a trusted source of news, information, and conversation for generations to come.” Newsmax Radio and Audio CEO Ralph Renzi adds, “We are excited to serve the communities of South Florida through these legendary radio stations and to expand the Newsmax brand in this important and dynamic market. WAQI and WQBA have deep roots in South Florida, and we look forward to building on their legacy while creating new opportunities to inform, engage, and connect with their audiences.” Newsmax says expects to begin its operations and programming for the stations in the coming months. The transaction is subject to customary FCC and other regulatory approvals and conditions.

Industry Views

The Radio Sales Playbook: Building the Proof from Day One

By Harmony Tenney, MBA

imgMake sure that you and your client are engaging monthly to ensure Proof of Performance, so that your campaign yield will be ready for harvest (renewal). Agree that the measure of success will be both monthly customer counts, and new customer revenue.

Set the expectations for the campaign’s proof of success at signing

It’s not as easy as this year’s total revenue compared with last year’s. Recognize “total revenue” includes things neither of you control: the weather, staffing, a competitor, a big account walking away. Measure what the campaign controls: new customers, new customer revenue, and each one’s estimated lifetime contribution to the bottom line.

Track these four numbers every month and tally them.

  1.    New customers – a simple count. They can ask, “Is this your first time coming in?” And make a tic mark on that day’s scratch page.
  2.    New customer revenue – what each new customer spent. Tally monthly.
  3.    How they heard about you – ask each new customer to ask and record the answer: radio, friend, web ad, drive-by, etc.

4.    What are their three favorite stations – yours will be on their list, after 13 weeks.

Keep the tallying simple enough that a busy employee will actually do it. Give them easy tools: a tally sheet.

Have their employees ask these four questions at checkout and on the phone:

“Is this your first time coming in?”

“How did you hear about us?”

Then ask them what their favorite three radio stations are, and if used, an offer from your station’s airwaves (usually the on-air talent’s name).

Then ask for two reports. A year-over-year sales report shows each month next to the same month last year. A sales-by-customer report, sorted by the first purchase date, shows exactly who is new and what they spent. With those two reports, my client’s $100,000 would have been visible every month. Those three numbers become the agenda. And when something big happens, like a lost account, a new competitor, or staff turnover, write it down that month, not a year later.

Managers: build measurement into every campaign

Put measurement terms in every annual agreement.

Schedule a proof review every 30 days before renewal, not nine months after signing. Coach your reps to hear “our bottom line didn’t move” as a cue to show the numbers, not to apologize.

Renewals and referrals come from proof. Proof is framed at signing. It ensures your renewal.

Dig deeper. Work the math. Get credit for what you grow.

S. Harmony Tenney, MBA, author of The Ultimate Radio Sales Playbook, is dedicated to connecting communities through radio’s superpowers. Radio Ink twice named her a Top Ten U.S. Radio Marketing Consultant. Reach her at Harmony@UltimateRadioSales.com or UltimateRadioSales.com.
Industry News

SiriusXM Announces New CEO

SiriusXM announces that Anjali Sud will assume the CEO position effective January 1, 2027. This comes after current CEO Jennifer Witz decided to step down after almost 25 years with the company and almost six years as CEO. Witz will remain in an advisory role at the Company until the end of 2027. Sud has served as an imgindependent director on the SiriusXM Board of Directors since March 2025 and will remain a member of the Board of Directors following her appointment. She currently serves as CEO of Tubi. SiriusXM Chairman of the Board Greg Maffei says, “Anjali has built some of the most successful consumer entertainment platforms. In her previous roles, she scaled audiences, expanded platforms, and led businesses supported by both advertising and subscription models. As a member of our Board, she has intimate knowledge of our business and strategy. With her digital media experience, CEO-level success, and Board perspective, we are confident Anjali will hit the ground running and build on our momentum as we continue to execute against our objectives. We believe she will be an outstanding CEO for SiriusXM.”

Industry News

MIW Announces 3rd Annual Erica Farber Mentorship in Management Program

Mentoring and Inspiring Women in Radio Inc announces that applications are now open for the 3rd Annual Erica Farber Mentorship in Management Program. This program is designed for imgwomen pursuing greater leadership responsibilities across the radio industry. The year-long program provides personalized mentorship, executive-level guidance and professional development opportunities to help participants advance their careers. The program welcomes applicants from a wide range of disciplines, including sales, marketing, programming, digital, operations and other areas of radio management. Get more info and apply here.

Industry News

Nielsen: News/Talk Top Radio Format in Q3 of 2026

Nielsen publishes its quarterly report card on how “U.S. consumers spend their listening day” (using data from Nielsen and Edison Research) and concludes that “83% of all daily ad-supported audio time goes to radio and podcasts, while only 15% goes to streaming music services.” The Q3 2026 report also imgaddresses listening by radio format and again this quarter news/talk remains the number one format, with a 10.2% share of total radio listening among P18+. “It is even stronger with older listeners, at 11.5% among P35+. Sports captured 4.5% of total radio listening among P18+ and 4.6% among P25-54, as football season kicked off and baseball headed into its pennant races. All-news held a 2.7% share among P18+ and 3.0% among P35+.” Spoken word radio stations dominated streaming listening. “News/talk, sports and all-news together account for about 36% of station streaming among P18+, roughly double their 17% share of all radio listening. News/talk takes 22.1% of AM/FM station streaming among P18+, more than twice its share of total radio. That rises to 24.2% among P35+. Sports is the No. 1 streamed format among P25-54, at 13.0%, and takes 10.3% of station streaming among P18+.” See more about the report here.

Industry News

Podtrac: Most Podcast Publishers See Month-Over-Month Growth

Reporting its podcast data for the month of October, Podtrac says most publishers realized increases in audience (as well as downloads and plays) from September to October 2026 for both imgthe U.S. and Global Multi-Channel rankings. For the U.S., this includes iHeart Audience Network seeing a 12% increase in audience; iHeart Podcasts – 10% increase in audience; Fox Audio Network – 9% increase in audience; and NPR Sales Network – 9% increase in audience. In the Global Multi-Channel Publisher & Network Ranking, FOX Audio Network saw an 18% increase in downloads, views and plays; PRX – 18% increase in downloads, views and plays; and iHeart Audience Network – 3% increase in downloads, views and plays.

Industry News

Newsmax to Acquire WAQI and WQBA in Miami for $1.8 Million

In a filing with the Federal Communications Commission on November 6, Newsmax Radio is agreeing to acquire WAQI-AM, imgMiami and WQBA-AM, Miami (both 50,000 watts Class B signals) from Latino Media Network for $1.8 million. The stations were acquired by Latino Media Network as part of a 2022 $60 million deal with TelevisaUnivision. These will be Newsmax’s first radio properties. There has been no official statement from Newsmax about its plans for the stations.

Industry Views

Monday Memo: Read The Room

By Holland Cooke
Consultant

imgThis is not about politics. This is about change, and listening to listeners.

The dust is still settling. But, as you might have, I spent election night surfing news channels. I probably landed most often on FOX News, where Karoline Leavitt’s punditry debut was more resigned than her undaunted press secretary persona. Donald Trump had won twice as a change candidate. As the big story was unfolding, MS Now’s Chris Hayes called change FROM Trump “an expression of exhaustion.”

Georgia elected the USA’s first Black woman governor, New Mexico elected the first Native American woman governor, and a Latina will govern Texas; where her fellow Democrat won the most-watched/most-expensive-ever Senate race there. Reliably-red Kansas turned-out an incumbent Republican to send the Senate its first-ever megachurch pastor and Michigan is sending a Muslim. The Senate also gets its first Native American woman and first openly gay member, and Alabama – Alabama! – sends an openly trans woman to Congress. There are dozens of other stories, and two senate races not yet won in which Democrats lead.

In the month before election day, FOX News posted the biggest year-over-year ratings drop any of the three major cable news networks has suffered during a comparable pre-election month in the past decade. Although FOX News still led both, CNN’s primetime adults 25-54 audience was up 40% percent, and MS Now’s grew 30%.

Premiere Networks host Jesse Kelly told The Guardian: “Honestly, it was easy radio, easy podcasting, easy TV to just sit down and just powder Trump’s butt all day long. That’s what the audience wanted to hear. But like any other politician, same for all of them, you don’t stay hot forever. It’s not possible. No matter what, we’re nearing the end of the Trump era because his last term’s almost over and people are going to start looking around for the next guy.”

In that same report, TALKERS publisher Michael Harrison: “Anybody who is in radio and who plans to be in radio for a very long time has got to – or eventually learns – that the carpet is going to be pulled out from you eventually, with switching circumstances and public opinion.”

On Election Day afternoon, we got fresh 6+ numbers from big markets. Often public radio is beating noisier commercial news/talk stations.

Now what? Relevance to listeners’ day-to-day lives is imperative. Talk dollars-and-sense. Own your market’s weather image. Say “you” and “your” more than “I” and “me” – less monologue, more dialogue. Make the audience the show. Stations I work with are inviting voice texts, which don’t ask busy callers to wait on hold.

All-Christmas-music stations will do well.

 

Holland Cooke (HollandCooke.com) is a consultant working the intersection of broadcasting and the Internet. Follow HC on Twitter @HollandCooke and connect on LinkedIn

Industry News

Doug Stephan Celebrates 80th

img

There were lotsa laffs and some Happy Birthday tears over the weekend, as family, farmers, and radio pals toasted “Talk Radio Countdown Show” and “American Family Farmer” host Doug Stephan on his Big Eight-Oh. Presenting Doug (center) a memento: TALKERS columnist and consultant Holland Cooke (left) and longtime WCBS business reporter Joe Connolly (right), who began his radio career as a teenager, working with Doug at WKOX, Framingham, Mass.

Industry News

Democratic Commissioner Gomez Releases Post-Election Statement

In the aftermath of Tuesday’s midterm elections, FCC Commissioner Anna M. Gomez issued a statement on the future of the Commission’s work: “Families across the nation are grappling with rising prices, a country at war, and a cost of living that nearly half of Americans say they struggle to afford. Moving imgforward, that reality should shape the work of the FCC. We ought to be focused on lowering costs, protecting consumers, and ensuring every family can get online. I stand ready to work with members of Congress from both parties to restore a fully staffed, bipartisan Commission as Congress intended. We must rebuild public trust in the FCC by returning the public interest standard to its original meaning as an obligation to communities rather than a tool for political pressure. That means defending the First Amendment and a free press from government interference, advancing competitive innovation that smartly protects our communications networks, and delivering real results for consumers.”