Broadcasting Stocks

For the first time, 16 NBA teams will see their games offered live via over-the-top streaming on an authenticated and direct-to-consumer (DTC) basis. 

The owner of radio stations in small- and mid-sized markets known for its programmatic and local digital solutions will see its CEO and CFO appear at a virtual event scheduled for January 19-20.

The nation's No. 1 owner of broadcast TV stations in early November saw its share price surpass the $168 mark. By December 20, 2021, however, some may have wondered if Nexstar Media Group shares had peaked, as values dipped under $143.50 per share. With today's stellar trading session, those worries can be soundly erased.

The investment signals an expansion of Discovery’s existing relationship with OpenAP, having integrated with OpenID in April 2021 and more recently partnering with OpenAP on the launch of XPm, the TV publisher backed cross-platform measurement framework.

Nexstar Media Group is enjoying another rise in its share price, with activity on Friday signaling a finish at a level last seen in November, when shares briefly topped the $170 mark. Is NXST en route to quickly matching and perhaps surpassing that price?

With a pair of retransmission consent disputes as a backdrop, TEGNA has selected the final day in February for hosting a conference call to discuss its Q4 and full-year 2021 fiscal results.

In mid-December, Audacy Inc. shares earned an upgrade from Wall Street financial house B. Riley, which saw bad news for the audio media company “more than priced in” ahead of an earnings inflection for the coming year. A better-known Wall Street analyst now shares that he sees things differently for Audacy.

One is a global video entertainment giant, with reach unlike any other visual distribution platform that's perhaps ever existed. The other is the owner of broadcast TV stations including the NBC affiliate in Phoenix and the CBS affiliates in Tampa and Washington, DC. Which one should investors consider? Zacks Equity Research has an answer.

With the Closing Bell on Wall Street and at Nasdaq headquarters in Times Square on Wednesday, nearly every broadcast media company RBR+TVBR tracks had declined from Tuesday's trading.

The U.S. Ad industry lost billions of dollars in potential ad spend during COVID-19 lockdowns, with the worst impact — to little surprise — coming in Spring 2020. Now, an analysis by Standard Media Index illustrates just how steep the decline was.

It is far and away the most valuable content company in the world. And, its executive team led by Reed Hastings has decided to drop its fourth quarter 2021 fiscal report card on the same day as the Matrix Solutions Media Ad Sales Summit — also the concluding day of NATPE Miami at the Fontainebleau Resort in Miami Beach.

One year ago, Beasley Media shares were priced at $1.45, and were on the rise from the depths of the COVID-19 pandemic-fueled lows seen across Wall Street. For Audacy Inc., its stock was at $2.24, and also on the rise. Today, the stock for each of these radio station owners has retreated to prices that aren't much better than they were in mid-December 2020.

U.S. financial markets moved downward on Monday, with the Dow Industrials shedding 320.04 points to finish the day at 35,650.95 and the Nasdaq index losing 217.32 points, finishing at 15,413.28. While the general indices were down, several broadcast media industry stock prices finished the day in the green.

When it comes to Wall Street wizards who have an active pulse on broadcast media, there are perhaps no two more-attuned analysts than Craig Moffett and Michael Nathanson. Over the last several years, their MoffettNathanson has served as a leading voice of how media companies are performing and trending. Soon, their equity research firm will be a sibling to Silicon Valley Bank.

It's long-term outlook looks good. But, the next nine months aren't so rosy for Cumulus Media, say Wall Street analysts. Yet, as soon as Jessica Rosenworcel scored the approval of Congress and officially took the role as Chairwoman of the FCC, Cumulus shares went from sour to sweet on Wall Street.