Broadcasting Stocks

SiriusXM released second quarter 2022 results that were "in line" with Pivotal Research Group Principal and Internet/Media/Communications Analyst Jeffrey Wlodarczak's assessment of the nation's satellite radio purveyor. It reiterated its full-year financial guidance while offering "an unsurprising reduction" in its 2022 self-pay net additions forecasts. How did Wlodarczak respond?

Wall Street hasn't been kind to Audacy Corp. in recent months, and Friday proved to be no exception to the company formerly known as Entercom. With the Closing Bell on July 29, Audacy shares ended the month at a level last seen in October 2008. That's not good, as the company readies its Q2 2022 earnings report.

The Board of Directors for the nation's largest licensee of broadcast television stations — and WGN-AM in Chicago — has asked its shareholders to approve an amendment to its corporate charter that would directly impact the board itself. The request comes concurrent to word that the Nexstar Media Group board has OK'd a new share repurchase program and has declared a rather generous quarterly cash dividend.

Salem Media Group plans to report its second quarter 2022 financial results after U.S. financial markets close on August 4. What can investors expect to hear from the company growing its podcast division and building out an OTT-delivered video news channel?

What a way to start a new month. The second quarter financial results for the audio media company with an investment in eSports will be distributed on Monday, August 1, before the Opening Bell on Wall Street.

The biggest audio content creation and distribution company has selected the date and time for its release of its second quarter 2022 fiscal results.

Those are the words Netflix decided to use to describe its fiscal health across the three-month period ending June 30, as net income improved — as did net cash provided by operating activities. Is this the much-needed shot in the arm that not only Netflix, but every OTT-based video transmission service, desires? One analyst says no, and thinks Microsoft should buy Netflix in 2024 or 2025 should the White House gain a Republican President open to big mergers.

Today, the company's shares, which trade on the NYSE, are in the low-$23 range. That isn't stopping Nielsen's Board of Directors from rewarding its shareholders.

With its stock value in a slump but experiencing a dip that's not as severe as that of iHeartMedia or Audacy Inc., all eyes will be on Townsquare Media to see just how its digital revenue offset any dollar declines at its broadcast radio stations during the second quarter of 2022. When is the company's big Q2 earnings reveal?

Respected Wall Street analyst house MoffettNathanson has completed its sale to SVB Securities, and is now a division of Silicon Valley Bank. As required as part of that transaction, MoffettNathanson is reinitiating coverage of the U.S. media and internet sector. There's just one caveat. It isn't offering coverage of nearly every broadcast radio or television company.

Earnings season is rapidly approaching, and that means investors and financial analysts will have their eyes peeled on the all-important second quarter results for publicly traded broadcast companies and even such privately held entities as TelevisaUnivision. On August 5, one radio industry pure-play will release its Q2 '22 fiscal report. And, it is holding its earning call at exactly the same as that of television industry player Gray Television.

American Tower Corporation has selected the date of its release of the company's second quarter 2022 results. It is the last Thursday in July.

Get ready to start the month of August by gauging the performance of how every publicly traded radio and television company performed during the three-month period ending June 30. That's when Earnings Season officially hits its zenith for the broadcast media industry, and when Gray Television will release its Q2 2022 results.

Earlier this week, RBR+TVBR put a spotlight on Audacy Corp., which is starting the second half of 2022 with some of its lowest closing prices for its stock across the last five years. But, Audacy isn't the only broadcast media company with Wall Street challenges as July begins.

Its stock bears a one-year target price of $3.25. On March 25, that seemed like an attainable goal for Audacy Corp. Since then, however, its stock has suffered a slump that hasn't ceased. In fact, Audacy shares have been priced this low only once since October 2008.