Scripps Gets Two More Years For $200M Credit Facility
The E.W. Scripps Co. has notified the SEC that it recently amended its credit agreement with JPMorgan Chase Bank, giving it more time to repay one of two revolving credit facilities — this one with a much higher balance due.
Nexstar’s Board Declares A Sizable Quarterly Dividend
Nexstar is aggressively moving ahead with full confidence that its acquisition of TEGNA is proper, allowing it to integrate the company's assets with its own. With all eyes on Nexstar's May 7 Q1 2026 earnings call, the company's board of directors has moved forward with a healthy quarterly cash dividend for its stockholders.
Audacy Adds To Its Board of Directors
The Global Chief Revenue Officer of DAZN and DAZN USA's President, along with a Soros Fund Management executive, have been named to the Board of Directors of Audacy, the audio content creator and distributor that is now majority controlled by SFM.
Beasley Knocks Millions Off Its Debt With Exchange Completion
The debt restructuring plan Beasley Media Group announced in March is complete, with the company exchanging nearly all of its Second Lien Notes for new paper due 2027, which Beasley expects to clear the going concern opinion from auditors with its 2025 earnings.
Cumulus Media, Saga Will Be Late On 10-K Filings
Two of the nation's largest owners of broadcast radio stations will be a bit tardy with their annual 10-K filings with the Securities and Exchange Commission, as each have filed for extensions — for very different reasons.
MediaCo In Q4: Revenue Jump Dampens Going Concern Warning
It's complicated. Yet, MediaCo President/CEO Albert Rodriguez insists the parent of Estrella Media and iconic N.Y. radio stations WBLS and WQHT "HOT 97" is in "growth mode" and will continue to be — even with a bit of a debt cloud growing greyer over the company largely backed by Standard General and Blackrock.
An Early Settlement Date Comes For Nexstar’s TEGNA Senior Notes Offer
In twin announcements made late Monday, Nexstar priced its previously announced offering of 6.5% new senior secured notes due 2033 and 7.25% new senior notes due 2034. Additionally, there will be an Early Settlement Date of Wednesday for TEGNA’s 5% Senior Notes due 2029 that were tendered by an early deadline.
Sweet Goodbye: Entravision Board Member To Exit
She has been a Director of Entravision Communications' board since October 2023 and also serves as a director of technology and data science firm MediaAlpha Inc. Her resume also includes a stint as Chief People Officer at Snap Inc. Her role on Entravision's Board of Directors will soon be coming to its conclusion.
Urban One Preparing For Q4 Earnings Release
The media company superserving African American consumers that boasts a group of broadcast radio stations, two cable TV networks and a national radio arm will be sharing its Q4 and full-year results with investors and analysts on the morning of March 12.
Entravision Finalizing Its Q4 2025 Earnings Release
The company founded by the late Walter Ulloa that is today led by CEO Michael Christenson has announced when it will release its Q4 2025 financial results. Put the first Thursday of March, after the Closing Bell on the NYSE, on your planner.
Sahai to Appear At Two Investor Conferences, Pitching Sinclair
The Chief Financial Officer of Sinclair Inc., the media company leading the transition to ATSC 3.0 broadcast technology and the parent of a group of stations including flagship WBFF-TV in Baltimore has been confirmed as a speaker at a pair of March investor conferences.
Nasdaq Delisting Avoided For Urban One
In January, the media company superserving Black consumers engaged in a reverse stock split — a move designed to retain Nasdaq minimum listing requirements. It worked, as Urban One will remain on the exchange. The company also updated key terms of its lending agreement, brining more financial stabilization.
Beasley Goes With Grace Period On Debt Payment
The radio station owner that just lured iHeartMedia veteran Kevin LeGrett for a C-Suite role has elected to use a 30-day grace period for interest payments of roughly $10.2 million that were due February 1. It's the latest development in Beasley's ongoing efforts to manage its debt following a 2024 refinancing.
Gray Media Confirms Its Q4 2025 Earnings Release Date
The Atlanta-headquartered broadcast TV station group led by Hilton Howell Jr. and co-CEO Pat LaPlatney has announced that its fiscal health report for the final three months of 2025 will be released on the last Thursday in February. What can investors expect to hear from Gray Media?
Canada’s Corus Readies Its Q1 Revenue Report
The publicly traded company that's parent to the Global TV network and such radio brands as "Q107" and "The Edge" in Canada's largest market has announced when it will release its Q1 2026 fiscal earnings report. Corus Entertainment has given analysts and investors a one-week warning of what's to come.