Nexstar Board Approves Shareholder Dividend
In late April, Nexstar Media Group reaffirmed a huge hike in its quarterly dividend payment to shareholders seen in late January. The company's Board of Directors has elected to keep that juicy stockholder reward as-is, setting an ex-dividend date and selecting when the payout will occur.
Beasley Putting Finishing Touches On Q2 Results
With network revenue and digital gains making the first quarter one in which CEO Caroline Beasley was "thrilled" with the "significant success and growth" seen at Beasley Media Group, what can investors and analysts expect to hear from Beasley regarding the Q2 results?
SiriusXM Stock Slips After Thursday Short Squeeze
On Thursday, Sirius XM Holdings Inc. experienced a notable surge in stock value, rising more than 42% to $7.72 on significantly higher-than-average volume. But as Sir Isaac Newton would say: what goes up, must come down.
Townsquare Set To Announce Q2 Results After Making Moves
Townsquare Media made positive hints at its Q2 status by its actions in late June, but we'll get the full picture soon. On Thursday, the company announced its release date for its financial results for the second quarter of 2023.
Sinclair Inc. Selects Its Q2 Reveal Date
Two weeks from right now, there's a very good chance you'll be digesting the second quarter 2023 earnings report from Sinclair Inc., the owner of broadcast TV stations across the U.S. in addition to such broadcast technology firms as Dielectric. What can investors expect to hear from company executives including CFO Lucy Rutishauser?
TSQ Continues Its Wall Street Winning Streak
With Audacy Inc. continuing to experience severe share weakness, even after a 1-for-30 reverse stock split, and Beasley Media Group stock under $1 per share, Townsquare Media has emerged as one of the strongest Wall Street performers among those companies who own radio stations.
Are Comscore’s Slumping Shares Not Telling the Full Story?
Simply Wall St. wonders if Comscore's 0.2x price-to-sales ratio may make an attractive investment, as close to half the companies operating in the media industry have P/S ratios above 1x.
Another Tough Day For Audacy Stock
With many across the broadcasting industry discussing The Wall Street Journal's July 11 report that Audacy Corp. is initiating discussions with its lenders to refinance its debt and "optimize" the company's balance sheet, shareholders are expressing newfound wariness in the audio content creation and distribution company led by David Field.
Saga Shares When Its Q2 ’23 Results Will Arrive
The radio broadcasting industry's publicly traded pure-play operator led by Chris Forgy has announced when it will release its fiscal health report for the three-month period ending June 30.
TelevisaUnivision Preparing For Q2 Fiscal Results Reveal
It may be privately held, but that isn't stopping the biggest producer of Spanish-language audio and video content in the world from sharing its second quarter financial results.
Introducing ‘AUDAD’: The Newest Audacy Stock Symbol
Following the decision by Audacy Inc.'s executive leadership team to engage in a 1-for-30 reverse stock split, the audio content creation and distribution company's ticker symbol changed for a third time since the change in nomenclature from Entercom transpired. Introducing "AUDAD."
Emmis Puts Its Dollars Into In-Game Advertising
It considers itself to be "the most advanced intrinsic in-game advertising" platform in the world. And, it has just announced a $48 million Series B funding round, which "significantly increases" its valuation. The infusion of dollars for Anzu involves "several new high-profile investors." Who led the funding round? Look no further than Jeff Smulyan.
MoffettNathanson To ‘Return To Its Roots’
At the end of 2021, respected Wall Street media and telecommunications financial advisory firm MoffettNathanson was sold to the parent of Silicon Valley Bank. By March 2023, SVB was mired in the seizure of its banks by the FDIC, with MoffettNathanson assuring it was "business as usual" for them. Now, the SVB relationship has evolved.
Russell Stock Indices Await Reconstitution. It’s Good For TSQ
The annual reconstitution of the Russell 3000 and small-cap Russell 2000 indices becomes effective on Monday.
For Townsquare Media and its shareholders, it is an action that brings good news and bigger growth opportunities to the "local first" company focused on digital media, programmatic advertising and broadcast radio solutions.
Nexstar Media Shareholders Complete Vote On New Board
Nexstar Media Group, Inc. is making several changes following last week's 2023 Annual Shareholders' Meeting. Many of the votes and changes pertain to Nexstar's Board of Directors and company executives. Official voting results for each proposal will be filed with the SEC.