Radio Broadcasting
iHM Reports Another Loss: iHeartMedia reported second-quarter 2026 revenue of $977.2 million, a 4.7% increase from $933.7 million a year earlier, as growth in its digital and podcast businesses offset weakness in its Multiplatform Group.
Levine To Retire: Ed Levine, founder, president and CEO of Galaxy Media Partners, has announced plans to retire later this year after nearly five decades in broadcasting and 36 years leading the independent media company he founded.
Not So Happy Birthday: Longtime Nashville country radio host Amy Paige was laid off by Cumulus Media on her birthday as part of nationwide company cutbacks.
Media Industry
Social Media Lawsuits: A U.S. appeals court on Monday allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet's Google, ByteDance's TikTok and Snap Inc's over claims they designed their products to be addictive to young users.
Parental Concerns: A bipartisan majority of Americans favor stronger government regulation of social media companies, including requirements for age-verification tools to restrict younger children’s access, according to a Reuters/Ipsos poll
TV Open To Multiple Affiliations: Television stations are increasingly affiliating with multiple networks at once, capturing extra revenue and audience share without building or buying new full-power stations.
U-S News
Hopes For Hormuz Deal Fade: President Donald Trump on Monday responded to Iran's conditions for a peace deal with his own demands that Iran pay compensation for people killed in wars, attacks and protests, in a rhetorical escalation likely to complicate efforts to reopen the Strait of Hormuz.
Trump Orders Fewers Vaccines: President Trump signed a new executive order Monday calling for most children to receive fewer vaccines and made some of his most extensive comments yet linking childhood shots and autism—a connection that scientists have said is unfounded.
How Hot Was It? July was the hottest month ever recorded in the contiguous U.S., the National Oceanic and Atmospheric Administration said Monday, dramatically marking an already scorching summer. The average temperature was 76.9 degrees, the highest in the agency’s 132-year record and more than three degrees above the 20th-century average.














