Reve-News: iHeartMedia reported Q3 revenue of $997 million, down 1.1% from the prior year's $1.008 billion. Adjusted EBITDA was flat at $205m. Broadcast radio revenue was $427m (-4.9%), digital revenue (excluding podcasting) was $202m (+4.6%) and podcast revenue was $139.7m (+22.5%). "We’re pleased with our third quarter performance, generating Adjusted EBITDA of $205 million, slightly above the midpoint of our guidance range," says Chairman/CEO Bob Pittman. See full release here.

Townsquare reported Q3 net revenue of $106.8 million, off 7.4% from $115.3m in the same period last year. Broadcast advertising net revenue decreased 13.8%; digital ad revenue was off 1.5%. The company saw a net loss of $5.5m, compared to a net income of $11.3m a year ago. Adjusted EBITDA decreased 13.5% to $22.0m compared to $25.5m last year. Digital represented 55% of revenue for the quarter. "Townsquare’s third quarter results met our previously issued net revenue and adjusted EBITDA guidance," says CEO Bill Wilson. Full release here.

Beasley reported Q3 2025 net revenue of $51.0 million, down 12.4% from $58.2m the same period last year. The company had an operating loss of $300,000, compared to an income of $1.2m in Q3 2024. Digital revenue was up 14.6% to $13.0m and accounted for 25% of net revenue. "Our third quarter results demonstrate continued operational discipline," says CEO Caroline Beasley. Full release here.