It’s second quarter earnings season and iHeartMedia reveals that its Q2 consolidated revenue was $977 million, an increase of 4.7% over the same period a year ago. The company posts a net loss of $82.4 million, down 1.3% from the $83.5 million is posted in Q2 of 2025. iHeartMedia reports financial data by segments and its Multiplatform Group (which includes broadcast radio and network radio) saw revenue fall 2% to $536 million. Broadcast radio revenue for the quarter was $397.6 million, up 0.5% from Q2 of 2025, and network revenue was $103.7 million, down 3.8%. The company’s Digital Audio Group revenue was $364 million, up 12% over Q2 of 2025, with the podcast segment rising 21% on revenue of $162 million. iHeartMedia chairman and CEO Bob Pittman comments, “We’re pleased with our second quarter results, generating Adjusted EBITDA of $152 million, slightly above the midpoint of our previously provided guidance range. Our consolidated revenue was $977 million, up 4.7% compared to the prior year quarter and above our guidance. Our podcast revenue momentum continues, up 20.7% compared to prior year, and in addition to helping propel our growth as the #1 podcast publisher, our broadcast radio assets have also allowed us to develop and drive the new video podcast marketplace – an incremental growth opportunity for us, including on streaming video services including Netflix and Disney+ and Hulu, which we announced today. And our work in building our digital assets continues to pay off; this is the sixth consecutive quarter in which the Digital Audio Group Adjusted EBITDA is larger than the Multiplatform Group Adjusted EBITDA.”