Broadcasting Stocks

He is a managing member of Kindred Capital Advisors LLC and is among the largest shareholders of Cumulus Media through his personal holdings and those held through Kindred. Now, he's taken a seat at the publicly traded audio content creation and distribution company's Board of Directors.

In mid-September 2024, RBR+TVBR shared that Lynn Beall, who serves as TEGNA’s EVP/COO of Media Operations, is agreeing to depart “after a significant transition period" in the middle of this year.  Could the company's Q4 and full-year 2024 earnings call for analysts and investors be Beall's curtain call before exiting?

As MoffettNathanson sees it, the themes of 2025 will in many ways be continuations of the themes of 2024. "For several media companies, that is exactly the problem," says the firm's Senior Analyst, Robert Fishman. "Last year was one many eagerly sought to turn a page on, but this new chapter ahead may well throw more of the same at weakened players."

The nation's No. 1 owner of broadcast TV stations, the NewsNation MVPD-distributed cable TV network and WGN Radio has decided when it will report its fourth quarter 2024 financial results. What can investors and analysts expect to hear from Nexstar Media Group?

The conservative-leaning cable and digital news and political commentary network founded by Chris Ruddy is extending a preferred stock private offering a second time, due to high demand from investors.

Salem Media Group, the publicly traded company focused on conservative and Christian-themed spoken word programming, has two new members of its Board of Directors. One is likely a familiar name to those Inside the Beltway. 

The conservative-leaning cable news network with a foot in Radio thanks to the syndicated Rob Carson Show has revealed that it has successfully raised more than $150 million in its preferred stock private offering, in advance of its planned IPO.

TORONTO — “Media revenue in the fourth quarter was softer than expected, affecting our revenue target for the year.” That's the glum news from the President/CEO...

As RBR+TVBR reported before the Christmas holiday, SBS has taken over KROI-FM in Houston. Additional details on how it was finally able to complete a deal announced in April 2023 were made in an SEC filing by the Miami-based company founded and led by Raúl Alarcón Jr.

WBD has entered into a multi-year distribution agreement with Comcast for all its domestic linear networks. From a financial viewpoint, this reduces long-term risk to affiliate fees. But how does this new agreement reduce the risk of a large decline in affiliate revenue in 2026, especially after the expiration of its NBA deal? 

The nation's leading licensee of broadcast television stations has confirmed that members of its C-Suite will participate in a pair of key institutional investor conferences coming after the Thanksgiving holiday.

Its shares are up by 16.2% in value, defying the ominous prognostications of Soohyung Kim that the company would flail without moving forward under his direction and board orchestrations. Given its fiscal health compared to its peers,TEGNA's Board of Directors had no qualms in declaring a regular quarterly dividend of note.

“Although in a company of 10,000 people very few jobs have been affected, there have been some," iHeartMedia spokesperson Wendy Goldberg told the New York Post in response to reports that the nation's biggest owner of radio station was engaging in a major reduction-in-force initiative. Now, investors have seemingly reacted to the newspaper report.

Nexstar Media Group will release its Q3 earnings report on Thursday. Ahead of that financial status update, the company's Board of Directors moved ahead with the declaration of a quarterly cash dividend. The news comes as Q3 earnings and revenue forecasts from nine analysts have tempered in recent days.

The media company superserving African American consumers led by Alfred Liggins III has decided to host its third quarter earnings call directly opposite that of the nation's No. 1 owner of broadcast TV stations — and on the same day iHeartMedia, Saga Communications and TEGNA each release their respective Q3 reports.