Broadcasting Stocks

With some Wall Street watchers newly concerned that streaming revenue and subscriber growth may be lagging, Discovery Inc. stock on Wednesday was swept up in a wave of downward activity on Wall Street.

With its stock in recovery mode and forward momentum at its secular spoken word AM radio stations, Salem Media Group is gearing up for appearances at a pair of investor conferences. The first of the two events is scheduled for Thursday morning.

Bill Wilson, Chief Executive Officer of Townsquare Media (pictured), and Stuart Rosenstein, the locally focused media company's Chief Financial Officer, are presently preparing to participate in three upcoming investor events. This includes the Noble Capital Markets virtual roadshow.

With Monday's Closing Bell on Wall Street, Beasley Media Group shares have nearly erased all of its 2021 momentum. As such, the stock is ever-closer to its pandemic-era lows and more than $11 per share below where it stood four years ago.

The Walt Disney Co.'s fiscal first quarter of 2022 ended on January 1. How did the company do in its first three months of the fiscal year? As CEO Bob Chapek sees it, "We’ve had a very strong start to the fiscal year." Thank Encanto and a rise in streaming portfolio subscriptions for that positive news. The company's linear networks saw lackluster results.

Salem Media Group is preparing to appear at an institutional investor conference scheduled for June 7 in the far northwestern Los Angeles suburb of Westlake Village, Calif.

The Chairman/CEO and President/COO/CFO of the nation's largest audio content creation and distribution company are presently gearing up for their appearance at a question-and-answer session during one of the biggest institutional investor events of the year.

It's not what was reported, but what's to come that could be irking Salem Media Group investors. One day after the company released largely positive third quarter 2022 results while offering a disappointing Q4 forecast, Salem shares moved downward in a significant manner on the Nasdaq exchange.

Two of the nation's biggest owners of radio stations have decided when they will respectively release their fourth quarter and full-year 2022 earnings reports. Each of the dates are in March, and for Audacy Corp., the choice is on the day on which Roman Emperor Julius Caesar was assassinated in 44 B.C.

Urban One's annual report for fiscal year 2022 hasn't been filed with the SEC as of yet. The company's Q1 2023 earnings report hasn't been submitted to the regulatory commission yet, either. Urban One has explained why, but that hasn't stopped the Nasdaq from issuing a noncompliance warning.

Its foundation is in radio and television serving Spanish-speaking Hispanics across the U.S., but its revenue drivers and future is squarely focused on global digital advertising solutions. That's perhaps a message the Chief Financial Officer of publicly traded Entravision will be sharing next week at an investor conference being held in Chicago.

A Citi financial analyst has downgraded Spotify stock. Why? User retention is a worry — something Radio should take notice of.

An advisory resolution on the compensation of named executive officers at Northern Virginia-based broadcast television station owner TEGNA has been approved by its shareholders. The OK came alongside the "overwhelming" approval of re-election of nine board members.

Corus Entertainment Inc. has completed an agreement to amend its "Sixth Amended and Restated Credit Agreement" with its bank group, led by RBC Capital Markets and TD Securities, as co-leads, dated March 18, 2022, as last amended on May 30, 2024.

The nation's largest broadcast television station ownership group has announced when it will share its Q1 2025 earnings results, and it has chosen the same date as a peer that appears to be in growth mode.