the HOT List

Don't think for a minute that the absence of over-the-air TV channels on Dish's lineups isn't a big deal. Pay TV subscriber rolls dipped in Q3, leading to a surprise loss in the quarter. If that wasn't enough, Dish's Chief Executive Officer revealed he's stepping down as part of a planned merger with EchoStar. Investors revolted.

As Vince Bodiford sees it, the deal that brings the companies together allows Arena Group Holdings and Bridge Media Networks to "fully harness the potential of strong media brands, audience engagement and multiple platforms anchored in the digital, print and broadcasting spaces."

There are plenty of positive takeaways from The E.W. Scripps Co., as its third quarter EPS and revenue each surpassed the consensus estimate provided by Wall Street analysts. Investors responded positively, with Scripps shares soaring in Friday's trading. Yet, Q4 projections remain shaky — even as key ad categories including Auto are on the rise.

For Paramount President/CEO Bob Bakish, the company continued to "prioritize prudent investment in streaming while maximizing the earnings of our traditional business." Yet, the company that owns CBS News & Stations on Friday reported Q3 earnings that can't hide revenue declines at its far-biggest dollar generation unit: TV Media.

FOX Corporation on Thursday released its financial results for the first quarter of its 2024 fiscal year. On first glance, the big takeaway is that a soft advertising market is impacting its revenue. However, a closer look at the company's fiscal health report indicates that higher expenses are the culprit for a quarter that could have been better, and perhaps worse.

Preston Padden joins RBR+TVBR Editor-in-Chief Adam R Jacobson for an exclusive 30-minute conversation that offers his views on why FOX shouldn’t be permitted to continue owning WTXF — something FOX through its attorneys at Covington & Burlington argues "would upend decades of established Commission precedent."  LISTEN HERE

“We achieved a record quarterly advertising revenue of $274.4 million, up 14% year-over-year, led by strength in our Digital segment, which now comprises 84% of total revenue,” said Chris Young, Chief Financial Officer for Entravision Communications. A simple glance at the company's Q3 2023 results illustrates just how significant Digital is.

“Sinclair reported a strong third quarter with revenues exceeding the high-end of our guidance ranges and adjusted EBITDA exceeding the mid-point of our guidance for the quarter by 40%,” Chris Ripley, the President/Chief Executive Officer of Sinclair Inc. shared. Indeed, Sinclair's earnings surpassed analysts' forecasts.

A "groundbreaking breakfast" will be held Thursday at the elegant Willard Intercontinental Hotel to "raise awareness and empower African American and Hispanic voters" in the 2024 election cycle. The hosts are major media companies in the Hispanic and Black spaces, respectively.

Adell Broadcasting Corp. on May 10 signed off on an agreement to sell its Detroit TV station for millions of dollars. The deal has yet to close, and the man who today runs Adell believes regulatory approval won't be approved anytime soon. In protest, Adell has pulled The CW Network affiliation from WADL-TV. There's a reason why.

It's been said that "flat is the new up." For the satellite-delivered audio content creation and distribution company seeking to get more users to connect via a smartspeaker or smartphone app, flat financials were the key takeaway from its Q3 2023 earnings report. The other big issue: declining subscriber rolls.

Forecast 2024 is November 15 at the prestigious Harvard Club in New York, and there's still a chance for you to secure a seat at this A-list event. Enjoy a full day of sessions that will arm you with fresh data, insights and intelligence from leading analysts, regulatory policy shapers, and Wall Street experts. Don't miss the chance to be in the room where it happens!

Audacy Inc. has disclosed to the Securities and Exchange Commission that it has worked out a grace period extension with a lender, giving it more time to pay interest on its 2029 Notes without defaulting. The audio content creation and distribution company concurrently entered into two other grace periods of varying lengths.

The third annual "Broadcast Media's Top Tech Leaders" are now being considered for this year's honors. This salutes the leading information technology and engineering minds in broadcast media, who work diligently behind-the-scenes to ensure broadcast media remains relevant and resilient — keeping it future-proof.

Court-appointed trustee Michael Carmel on Thursday morning conducted the auction sale of Royce International Broadcasting's broadcast stations. Three winning bidders are believed to be in the drivers' seat — a sign that Stolz's quest to somehow retain ownership of his AM, three FMs and two FM translators is nearly over.