It is a publicly traded highly diversified company with its roots tied to Katharine Graham and her family former ownership of The Washington Post and Post-Newsweek Stations. In Q2, revenue for Graham Holdings Company improved to $1.22 billion, from $1.19 billion. But, that’s thanks to increases in its education, manufacturing and healthcare businesses.
TV broadcasting and automotive segments experienced year-over-year dips in the second quarter.
With merger and consolidation talk dominating the chatter among industry observers and media brokers, discussion over whether Graham Media Group’s stations will be sold in the coming months is heating up. RBR+TVBR observed key members of the C-Suite at the Encore Tower Suites during the 2025 NAB Show in-between meetings with brokerage representatives, suggesting Graham could be looking to spin its TV stations in Detroit, Orlando, Jacksonville, Houston, San Antonio and Roanoke-Lynchburg. BH Holdings, owner of WPLG-10 in Miami, has been the subject of speculation that it could make an offer for Graham’s stations.
That said, there are only rumours as they pertain to suggested TV station sales, with the lone facts regarding Graham Media Group its disappointing Q2 results. Operating revenue fell to $105.98 million, from $115.48 million, as operating income fell to $27.94 million, from $31.13 million. The decline came despite a 7% dip in television broadcasting operating expenses, to $78.04 million.
Adjusted Operating Cash Flow for Television Broadcasting declined by 9% in Q2, moving to $33.46 million, from $36.77 million.
