Broadcasting Stocks

On December 17, SBGI closed at $25.89 as chatter of the company's future following its failed merger with Tribune Media persisted. Now, it has a group of RSNs locked up. ACA Connects may be bitter, but investors are excited -- sending shares up 35% on Monday.

Thanks to a decision made by India's federal government, Comscore currency will be used to set ad rates for desktop and mobile advertising in India to help create "a fair and stable marketplace." Did this news give investors a reason to put a stop to Comscore's big dip on Wall Street? Nope.

With Beasley Broadcast Group continuing to struggle on Nasdaq following a recent five-year low, finishing Monday at $3.19 per share, company CFO Marie Tedesco and CEO Caroline Beasley are preparing for an August 5 of Beasley's second-quarter financial results. 

For the first time since August 13, and just the second time in five weeks, Nexstar Media Group shares climbed above the $100 threshold in moderate trading on Friday. The jump comes as Simply Wall St. asks if it is time to consider buying Nexstar shares.

On Sept. 3, TEGNA shares hit $16. By Oct. 1, they were back down to below $14.50. By the end of the month, a stock price even higher than $16 could be seen -- putting a company surrounded by rumors at a fresh year-to-date high on Wall Street.

Come December 3, the EVP/CFO of TEGNA will be participating in a question and answer session at a Las Vegas event. It's a 'TMT Summit' hosted by one of the nation's biggest financial institutions and run concurrently with AWS re:Invent 2019, Amazon Web Services’ global customer and partner event.

It was early November 2017 when investors last saw such a lofty closing price for Townsquare Media stock. On much higher than normal volume, TSQ enjoyed a banner Wednesday on Wall Street, rising 2.9% to finish at more than $10 per share.

The last six months haven't been pretty for Cumulus Media shareholders. That's why a gain on Wednesday was a win, as it reversed a steep dip that started at the start of 2020.

Add Gray Television to the list of media companies that have decided to hold its annual shareholders meeting exclusively in a virtual format. Here are the details of how the event will take place.

The enormous growth seen by Urban One has led seven company directors to sell shares and/or exercise options, "given the movement in the price" of both the company's Class D and Class A shares. The media company superserving African American audiences on Monday saw more volatile activity, with Class A shares dipping by nearly 50% before an after-hours rise.

One of the world's best-known technology news portals could soon be shed from the ViacomCBS asset stable. According to The Wall Street Journal, citing unnamed sources, CNET is one non-core asset that it hopes to spin — and Red Ventures LLC appears to be the buyer. Also for sale: its New York City HQ, and Simon & Schuster.

It was a big day for companies such as Apple and Amazon, as general indices propelled forward on a postal and U.S. government holiday. How did media shares fare? Mixed activity was seen.

Broadcasting companies publicly traded on Wall Street were largely up at the Closing Bell on Tuesday. One company, however, sticks out for another dip in value. That would be Entercom.

Tech stocks paced a wave of declines on Wall Street Wednesday, as the Chair of the Federal Reserve declined to say whether or not the Central Bank will work to put a kibosh on inflationary pressure. Media stocks were caught up in the dips.

The offering is part of the financing for the proposed business combination of Grupo Televisa with Univision's businesses, announced on April 13.