Beasley Media Group's earnings report arrived late Friday in a bleak environment for AM and FM station owners. How did the company do? Both adjusted EBITDA and net revenue declined sharply, leading investors to sell "BBGI" shares in immediate after-hours trading on the Nasdaq market.
Mark your calendars. The Ninth Circuit has on the docket a hearing concerning the preliminary injunction in the 13-state Attorneys General-led antitrust challenge to the Nexstar-TEGNA merger. And, it will be livestreamed from Pasadena, Calif.
Gray Media and Netflix have little in common to most broadcast media leaders. But, for the investor, there could be many similarities to consider, especially if investing in the stock is of desire. Which company is more attractive? Zacks Equity Research sought to best answer that question.
U.S. news sources like CNN, Fox News and The New York Times tend to attract audiences that differ from one another by partisanship and education level. These distinct audiences also engage in public life in varying ways, a recent Pew Research Center analysis from the Pew-Knight Initiative released Friday finds.
At TEGNA, prior to its acquisition by Nexstar Media Group, he served as Chief Legal Officer under CEO Mike Steib. Now, history is set to repeat itself, only Steib and Alex Tolston are now at the entity that began life as "Angie's List."
It's a company "building accountability infrastructure for autonomous AI," and it is welcoming a Chairman of the FCC during the second term of President Obama to its Advisory Council. For Known, the arrival of Tom Wheeler "brings decades of experience navigating the intersection of technology, regulation, and the public interest."
He was a key figure at Greater Media and helped champion FM Talk in Los Angeles. Bob Moore enjoyed decades in Los Angeles broadcast radio, which included roles at Westwood One and CBS Radio. Now, the industry is pausing to remember Moore, who has passed away.
This auction is designed unify a gigantic swath of C-band spectrum—including 280 megahertz of the Lower C-band successfully auctioned in 2020—to create a harmonized “super band” spanning 440 megahertz (3.70-4.14 GHz).
RBR-TVBR
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