the HOT List

Now Audacy, the Philadelphia-based company formerly known as Entercom is seeking to build on its momentum as a podcast and streaming audio leader. Still, its chief revenue driver is Radio. And, in its final quarter as Entercom, that reality is a punishing one: revenue missed Wall Street estimates, while its earnings per share fell short of expectations too.

Entravision Communications, which superserves Hispanic audiences, isn't a radio-centric company. And, based on its revenue results for Q1, it isn't a TV-centric company, either. The digital revenue is now on fire, and the Cisneros Interactive purchase is the key catalyst for the balance in revenue power.

The nation's top audio media company and No. 1 licensee of radio stations released its first quarter 2021 earnings just after Thursday's Closing Bell on Wall Street. What did iHeartMedia have to share, ahead of its earnings call for analysts and investors? Adjusted EBITDA in Q1 2021 declined by $38 million. That's better than what was predicted.

Thursday's release of ViacomCBS's Q1 2021 results illustrate just how correct of a decision to put the Viacom C-Suite in control of the reunified company. Streaming revenue is on fire, and that was a key catalyst for the company during the first three months of 2021.

"New growth from new solutions." "A new culture, driven by a growth mindset." "A compelling financial model." Those are the key highlights provided in a sleek earnings presentation put together by Nielsen, as it released its first-quarter 2021 results. How did it do? Revenue was up, but did Nielsen beat Wall Street estimates?

With comparable data to fiscal Q3 2020 difficult, as Fox today isn't the same company as it was at the start of last year, adjusted net income dipped to $523 million ($0.88), from $568 million ($0.93). What was the contribution of the Fox Television Stations to the mix?

"Results for the quarter were much better." That's perhaps an understatement from Sinclair Broadcast Group President/CEO Chris Ripley, who spoke at length during the company's Q1 2021 earnings call on Wednesday morning about just how strong Sinclair's performance was during the first three months of the year.

Cumulus head Mary Berner's upbeat words that began the company's Q1 2021 earnings call couldn't mask the financial realities faced in Q1 by the audio media company: tough comps and continued pandemic-related ad dollar dips led to a bumpy start to 2021 for the company. It could have been worse, and that's the key takeaway.

It is being described as "the first-ever studio in Hispanic media exclusively dedicated to serving the growing Latino streaming audiences in the US and around the world." And, it is the creation of NBCUniversal Telemundo Enterprises.

On April 13, Grupo Televisa, S.A.B. and Univision Holdings shared for the first time that they plan to merge, with Miami-based Univision — thanks, in part, to Google — making the binational deal happen. Now, Univision is going to the bond market to finance the deal.

The big reveal for Nexstar Media Group is that its "Distribution Fee Revenue," a.k.a. retransmission consent dollars, are far and away the greatest revenue driver -- significantly surpassing core ad revenue, which slipped in Q1.

Today's Hispanic-centric TV programming provider LATV is quite different than what existed a decade ago. How does one define what LATV is today, and its primary value proposition? It's a question Gisella Fu-Ripp answers, among others, in this fresh InFOCUS Podcast, presented by dot.FM. LISTEN HERE

Following its mammoth divestment of the Local Media division, Meredith Corp. will be a company wholly enveloped in its National Media assets. What does this mean for the Des Moines-based company and for Local Media Group President Patrick McCreery? We have the answer.

Gray has agreed to acquire all outstanding shares of Meredith Corporation for approximately $14.50 per share in cash, or $2.7 billion in total enterprise value. Importantly, this will occur following the spin-off of Meredith’s National Media Group to current Meredith shareholders.

In late February, Nexstar Media Group announced that President of Broadcasting Tim Busch will retire on May 31. On Monday, it revealed who will be rising to take on Busch's soon-to-be former duties.