Industry News

Another $50 million in cost-cutting is coming in the second half of 2026, as the nation's largest audio content creation and distribution company continues to tackle its outstanding debt and move past a first quarter in which revenue improved by nearly 10% overall yet saw adjusted EBITDA decline by 11.4%.

A writ of mandamus is defined as an order from a court to an inferior government official ordering the government official to properly fulfill their official duties. That's what the appellants in Free Press v. FCC want the U.S. Court of Appeals for the D.C. Circuit to issue, so Nexstar Media Group's approved merger with TEGNA gets unwound.

By an unanimous resolution, all 50 state broadcasters associations, and those representing Washington, D.C. and Puerto Rico, have agreed to tell legislators on Capitol Hill to reexamine the "Sports Broadcasting Act." Given the current state of access in the streaming era, in particular with NBA playoff games, the call for a closer look is growing louder.

It was first reported on April 8: The company founded in 1983 by Raúl Alarcón Jr. moved forward with a restructuring support agreement that sees it intend "to commence voluntary Chapter 11 cases" under U.S. bankruptcy code in a Delaware court. On Monday, the bankruptcy filing was made.

Add Sinclair Inc. to the group of broadcast television station licenses that will have executive leadership present at a pair of key upcoming institutional investor affairs. For the company led by CEO Chris Ripley, appearances will be seen in Austin on May 19 and in Boston the following day.

The companies finalized the deal at the spring NAB Show

The post Kronehit Signs Lawo and SLG Broadcast for Studio Project appeared first on Radio World.

The FCC on Monday announced plans that would make available for bidding Construction Permits for vacant FM radio channels. It marks the first auction of FM radio CPs since auction authority was restored, and would start in February 2027.

FCC Commissioner Anna M. Gómez, in a letter to the CEO of The Walt Disney Company, has all but told the company under FCC scrutiny to fight what she calls "censorship" as its ABC Owned Stations face an early license renewal. Gómez also took the opportunity to unveil a "double standard" in Commission "targeting."

For FMs seeking to launch, expand or modernize HD Radio

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For Mark Marshall and his team at NBCUniversal, the 2026 Upfront presentation made it clear that, on the 100th anniversary of NBC, the longtime broadcast assets are just as valuable as what's on Peacock. That said, the presentation opened with nods to Bravo and Peacock's upcoming show debuts and brief mentions of NBC tentpoles.