Broadcasting Stocks

Until late September, all seemed particularly strong for iHeartMedia's stock price. By October, however, worries about the Delta, and Omicron, variants of the COVID-19 virus accelerated, creating new concerns. Ups and downs for IHRT were seen, but it has been a bumpy ride on the Nasdaq GlobalSelect market since the start of 2022.

This week, Nexstar shared just how much it stands to reap from ATSC 3.0, and Wall Street responded. On Thursday, both Gray Television and Scripps benefited from the rosy forecast, too. Friday, however, brought dips for the latter two groups while NXST continued its stellar growth.

Is Netflix so powerful that it is impervious to anything negative offered by a respected financial analyst? That appeared to be the case on Friday, as shares in the dominant on-demand visual content creator and distributor rose by nearly 3% before cooling off as the Closing Bell approached. The growth came despite a notable investor note of wariness.

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.