the HOT List

It's an upsized debt offering from a company pivoting from direct broadcast satellite-delivered cable TV services to a major 5G wireless internet connectivity conveyor. DISH Network has priced an offering of an aggregate principal amount of its Senior Notes due 2029. It is higher than what DISH thought it would be when it announced the offering.

Efforts by Standard General head Soo Kim to gain influence at TEGNA have been thwarted, twice, as shareholders overwhelmingly rejected his Board of Directors nominees in 2020 and again in 2021. Now, TEGNA has released another positive quarterly earnings report that further hinders his desire for change at the broadcast TV station owner.

Radio is very much an integral -- and important -- revenue source for Townsquare Media. That said, Townsquare became a digital first company in 2020. The result? It is among the first media companies to dare to compare the first three months of 2021 with that of Q1 2019.

The E.W. Scripps Co. is a transformed company from a year ago, thanks to the sale of Triton and purchase of ION Media, coupled with a surge in viewers during Q1 of its Court TV digital multicast network. All helped Scripps in meeting or exceeding its first quarter guidance "by every measure," President/CEO Adam Symson said.

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.