Revenue Drop: Saga Communications, reported first quarter 2026 net revenue declined 5.6% to $22.9 million, down from $24.2 million in the same period a year ago.
Seattle's Newest Morning Show: 100.7 The Wolf (KKWF-FM), an Audacy station in Seattle, has launched “Ellen & Aaron,” featuring Ellen Tailor and Aaron Crawford, in morning drive.
R.I.P.: Pat Caputo, longtime Detroit sports columnist and radio personality, died Thursday at age 67 after battling stage 4 pancreatic cancer.
Media Industry
Record Revenue: Nexstar Media Group Thursday posted record net revenue of $1.396 billion in the first quarter, a 13.1% increase from the same period a year ago, the company announced. Net income surged 64.9% year-over-year to $160 million, while advertising revenue climbed 19.1% to $548 million, highlighting robust demand across the company’s television stations, digital platforms, and national advertising sales.
CBS Maintains Edge: Nielsen ratings showed CBS maintaining its edge among the Big Three broadcast networks in primetime viewership, though overall audiences remained challenged amid competition from cable, streaming, and sports programming. CBS averaged the highest primetime audiences bolstered by strong scripted series such as Tracker (8.174 million viewers for recent episodes) and Marshals.
Finding News On-Line: More Americans are turning to online-only sources for local news, which have more than doubled in popularity since 2018, even as traditional outlets like local TV and newspapers see declining use. As of 2025, 42% of U.S. adults say they get local news at least sometimes from online-only sources (not included in other categories), up sharply from just 15% in 2018.Traditional sources remain common but are losing ground
U-S News
Ceasefire Threatened: U.S. and Iranian forces clashed in the Gulf, and the UAE came under renewed attack, endangering a month-old ceasefire and shaking hopes for a diplomatic solution to the crisis. The flare-up in fighting came as Washington awaited a response from Tehran to its proposal to end the conflict. Trump said on Thursday three U.S. Navy destroyers were attacked as they moved through the strait.
Pump Pain: Oil prices climbed on Friday after the U-S said it had struck Iranian military sites in retaliation for Iran firing on U.S. warships in the Strait of Hormuz. Despite the exchange, President Trump insisted the cease-fire remained intact. But he also issued a stark warning to Tehran, urging it to accept the American peace agreement quickly.
Alligator Alcatraz Update: The Trump administration has discussed the potential closure of a South Florida immigration detention center known as "Alligator Alcatraz" just one year after the much-touted facility opened, Border czar Tom Homan characterized the talks as part of the ongoing review of detention facility contracts, as well as the expansion and reduction of certain centers nationwide.