Radio & Television Business Report

It comes as a big surprise to many. In a single sentence offered by its CEO at the start of its Q2 2025 earnings call, Caroline Beasley revealed that Beasley Media Group is selling its five radio stations in Fort Myers for $18 million. RBR+TVBR knows who the buyers are.

They are described as "strategic executive promotions in enhanced leadership roles," and they see the VP of Business Development rising to the role of Chief Operating Officer while its seven-year VP of News is being elevated to the role of Chief Innovation Officer. There's also a third promotion at Morgan Murphy Media.

With widespread speculation that TEGNA will be selling its broadcast TV stations to Nexstar Media Group in a matter of days, Sinclair Inc.’s Board of Directors has authorized what it is calling “a comprehensive strategic review for its Broadcast business.”

With Diversity, Equity and Inclusion a hot topic of late, as FCC Chairman Brendan Carr has pledged to tackle "invidious" forms of discrimination as it pertains to "DEI," what will the Commission's viewpoint on its latest Equal Employment Opportunity audit yield? Some radio and TV stations are about to find out.

Nearly half of all US adults say TV is the most acceptable place for advertising – a feeling that is consistent across all generations. Additionally, TV is the platform where they tend to pay attention to ads the most. That’s according to new research from Tenetic and CivicScience.

Here's the good news when it comes to Beasley Media Group's Q2 2025 earnings report: the radio station owner's net loss declined. However, it appears that expense controls are to thank, as the net revenue and adjusted EBITDA each fell. A surprise transaction in its home market is also a likely factor.

Today, former radio and television station licensee Schurz Communications is focused on regional broadband companies, through which cable TV services are offered. Now, it is mourning the death of its former chief executive, Franklin Dunn Schurz Jr. He passed away in Bozeman, Mont., at the age of 94.

“Our second quarter performance was solid and slightly ahead of our initial expectations," iHeartMedia Chairman/CEO Bob Pittman shared in prepared remarks released after the close of U.S. financial markets on Monday, as the nation's biggest radio station licensee released its Q2 2025 results. How did iHeartMedia do?

The owner of more radio stations in the U.S. than any other broadcast licensee has selected a woman with "deep expertise in ad tech and digital and mobile advertising" to serve in the newly created role of Chief Business Officer.

A Class A FM serving Dauphin County, Pa., a rural portion of the Harrisburg DMA, as part of a "Bigfoot Country" trimulcast will soon be in the hands of a noncommercial religious broadcast ministry. That's according to a just-filed asset purchase agreement awaiting regulatory approval from the FCC.

In mid-April, RBR+TVBR shared details of the sale of an FM to Vic Michael by Sunbury Broadcasting Corp. Now, Michael is spinning this FM to the CCM behemoth that owns more noncommercial radio stations than any other U.S. broadcast licensee.

It's a cue taken from internet services providers such as Xfinity and Spectrum, and could bring a whole new dimension to virtual MVPDs, which are now, like traditional cable television service companies, seeing subscriber roll struggles in the streaming age.

A "Total TV" campaign forecasting, planning and optimization-focused global ad technology company is partnering with Charter Communications' Spectrum Reach advertising arm. It's a relationship that brings tvbeat’s programmatic capabilities to linear TV advertising in the U.S.

The renewed agreement includes expanded collaboration, increased automation, and ongoing support for station-level activations that deliver measurable results that drive ratings and revenue. Since 2005, the two companies have collaborated to create "high-performing, listener-focused solutions."

How to Black American listeners spend time with radio and other audio mediums? While it's been long known that African Americans overindex when it comes to their on-air and on-demand audio consumption, the latest Audio Today 2025 report from Nielsen Audio codifies fresh data illustrating this point. 

"By 2030, the agencies that win won’t be defined just by the tech they use, but by the culture they build," says the CEO of the 4As. "While AI will undoubtedly reshape how agencies work, culture will determine where people work, who stays, how bold ideas come to life and play a role in how clients evaluate agency relationships."