Industry News

He “understands what it takes to build a foundation for a federated system of independent stations”

The post PMI Names Its First Chief Technology Officer appeared first on Radio World.

As RBR+TVBR first reported on Monday, iHeartMedia suffered an $8 million quarterly loss in Q3 2026. One culprit was lower-than-anticipated political advertising revenue. That seems to be a sore spot with the company's shareholders, sending shares southward on Tuesday. Meanwhile, "TSQ" has also shrunk in value.

"Yes." That was the one-word response to Senate Commerce Committee Chairman Ted Cruz's query to Trump FCC Commissioner nominee Danielle Thumann Severs regarding how she feels about "weaponization" of the Commission by political influence.

Over roughly 75 minutes — following a 45-minute delay — there were plenty of verbal protests from Democrats over the very nature of Danielle Thumann Severs' consideration to serve as a Commissioner on the Federal Communications Commission. Key Democratic leaders were absent.

Membership has its privileges, and if you have full website access to the Radio + Television Business Report, you've just received the key to unlock the autumn edition of the quarterly media broadcasting business publication known for its exclusive conversations, unique insight and straightforward stories on new technologies, each hand-crafted and designed to help your team create and development long-term growth opportunities that will make you thrive.

The Executive VP and Chief Financial Officer of Sinclair Inc. has agreed to participate in a pair of institutional investor conferences on the calendar for early December. One event is in tony Rancho Palos Verdes, Calif. — one week after he spends time at The Boca Raton in Palm Beach County, Fla.

Upon review of the Q3 2026 earnings reports filed by publicly traded broadcast media companies, it's abundantly clear that political advertising gravitated heavily toward TV. That impacted the nation's largest media company superserving African American consumers, among a host of other continuing challenges.

There's a new product feature for the iHeartRadio app now activated that has been designed to give users the ability to "simply and quickly" toggle back and forth between full-function mode and the "just essentials" Lite Mode found on the live and on-demand audio app — — depending on their usage and needs at any time.  

Vizrt has announced that it has built a proof-of-concept integration with the Story Object Model (SOM), an open standard for story context in content production that was first shown at IBC 2026 as part of the Smart Stories Accelerator project.

While the whole of South Florida is today a ribbon of flags and voices representing all of Latin America, Cuban Americans remain a vital part of the political and economic engine that is El Gran Miami. That could explain why an individual who has spoken out against loosening the 39% national broadcast TV ownership reach cap has decided to acquire two of the most historically important radio stations to Cubans outside of Cuba.