Industry News

An industry-wide settlement with music licensing organizations ASCAP and Broadcast Music, Inc. (BMI) resulted in a $2.1 million bump in expenses from January 2022 through the end of the third quarter, directly impacting the P&L for Saga Communications in Q3 as the company led by Chris Forgy swung to a net loss.

Reduction-in-force initiatives surged during the first month of the fourth quarter of 2025, surging by 175% from October 2024, newly released data from global outplacement and executive coaching firm Challenger, Gray & Christmas show.

The E.W. Scripps Co.'s Scripps Sports unit has secured a broadcast partnership with Major League Volleyball (MLV) that will bring the league’s championship to ION Television, the publicly traded broadcast media company's nationally distributed network.

While year-over-year comparisons are clouded by huge political ad revenue in 2024, the Q3 2025 results for Nexstar show one big takeaway: ex-political, ad revenues were flat. It's reflecting a continued soft environment for the core of broadcast television's biggest revenue generator — outside of retransmission consent fees.

On difficult comps due to strong political advertising revenue one year ago, CEO Chris Ripley explained ahead of a Wednesday afternoon earnings call for investors that Sinclair delivered a strong third quarter, achieving the high end of guidance for advertising and distribution revenue.

More than 200 Members of the U.S. House of Representatives have now added their names as co-sponsors to the non-binding resolution opposing “any new performance fee, tax, royalty or other charge” on local radio stations.

The publicly traded radio station ownership group founded by the late George Beasley that bears his surname has elected to release its third quarter earnings results on Monday — and hold its earnings call in between those of Townsquare Media and iHeartMedia.

Forward-thinking broadcasters have already locked in Forecast 2026 at early bird pricing. But, there's still room for you to lead and learn at this VIP symposium on November 12 at the Harvard Club of New York. From game-changing insights to exclusive networking opportunities, now's your chance to advance.

“We want you to hear the music and voice. We don’t want you to hear the box”

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After its third quarter earnings arrive later this week and its Networks President, Sean Compton, will serve as co-chair for Forecast 2026, executive management representing Nexstar Media Group will participate in three institutional investor conferences across the remainder of November and December.