Broadcasting Stocks

Members of the executive management team at the nation's No. 1 owner of broadcast television stations are confirming their participation at a pair of upcoming institutional investor conferences, scheduled for after the company's Thursday release of its full-year 2024 earnings report.

The broadcast television company that has just lured Adrienne Roark from CBS and is today led by Mike Steib has confirmed when its 2025 shareholders' meeting will take place.

Sinclair Television Group and "certain affiliated entities" within the Sinclair Inc. family have completed a series of previously announced transactions the publicly traded broadcast TV company believes strengthen its balance sheet and better position it for long-term growth.

Shareholders will receive a bonus of 12.5 cents per share, payable on April 1, so long as the are stockholders of record as of the close of business on March 7. The announcement comes ahead of earnings for the fourth quarter of 2024. What can investors expect from the company?

While that's good news from Allen Media Group, it may not dispel industrywide discussion that AMG's fiscal challenges are significant and largely behind a recent effort to phase out local meteorologists at its TV stations in favor of an Atlanta-based hub powered by The Weather Channel.

The parent of the CTV network, OTT platform Crave, sports network TSN and a group of iHeartRadio-branded stations distributed Q4 2024 financial results on Thursday that President/CEO Mirko Bibic say represent "steady execution" as the company "balanced growth with profitability, while transforming our business and reducing costs."

Shareholders of Saga Communications — the lone radio industry "pure-play" with a publicly traded stock — have been rewarded with a juicy dividend in quarter after quarter. The company today led by Chris Forgy has just approved another stockholder bonus.

The nation's largest owner of broadcast TV stations, the NewsNation cable TV network and WGN Radio in Chicago is hiking its quarterly cash dividend by 10%, ahead of its Q4 and year-end 2024 results reveal.

He is a managing member of Kindred Capital Advisors LLC and is among the largest shareholders of Cumulus Media through his personal holdings and those held through Kindred. Now, he's taken a seat at the publicly traded audio content creation and distribution company's Board of Directors.

In mid-September 2024, RBR+TVBR shared that Lynn Beall, who serves as TEGNA’s EVP/COO of Media Operations, is agreeing to depart “after a significant transition period" in the middle of this year.  Could the company's Q4 and full-year 2024 earnings call for analysts and investors be Beall's curtain call before exiting?

As MoffettNathanson sees it, the themes of 2025 will in many ways be continuations of the themes of 2024. "For several media companies, that is exactly the problem," says the firm's Senior Analyst, Robert Fishman. "Last year was one many eagerly sought to turn a page on, but this new chapter ahead may well throw more of the same at weakened players."

The nation's No. 1 owner of broadcast TV stations, the NewsNation MVPD-distributed cable TV network and WGN Radio has decided when it will report its fourth quarter 2024 financial results. What can investors and analysts expect to hear from Nexstar Media Group?

The conservative-leaning cable and digital news and political commentary network founded by Chris Ruddy is extending a preferred stock private offering a second time, due to high demand from investors.

Salem Media Group, the publicly traded company focused on conservative and Christian-themed spoken word programming, has two new members of its Board of Directors. One is likely a familiar name to those Inside the Beltway. 

The conservative-leaning cable news network with a foot in Radio thanks to the syndicated Rob Carson Show has revealed that it has successfully raised more than $150 million in its preferred stock private offering, in advance of its planned IPO.