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Radio+Television Business Report

With Core Ad Revenue As Expected, Gray Offers Q2 Review

Radio+Television Business Report
1 week 3 days ago
Gray Media on Friday morning lifted the curtain on its second quarter 2025 financial results, with core advertising revenue consistent with the company's updated guidance for the three-month period ending June 30. However, the company swung to a net loss, missing analysts' forecasts.
Adam Jacobson

Debt Reduction, Riding The Revenue Rapids: Scripps In Q2

Radio+Television Business Report
1 week 3 days ago
For The E.W. Scripps Co., a "strong second quarter in a soft advertising climate" was seen, President/CEO Adam Symson shared during the company's Q2 2025 earnings call on Friday morning. He also shared that the company, despite the macroeconomic headwinds, is tackling its debt in swift fashion.
Adam Jacobson

Gray Media Agrees To Acquire a Selection of Byron Allen’s Stations

Radio+Television Business Report
1 week 3 days ago
Gray Media is on a buying spree, and after agreeing on August 1 to acquire Block Communications, Inc.'s television stations, it has struck an agreement to acquire Allen Media Group's broadcast TV properties in 10 markets. The transaction involves properties across 10 markets.
Adam Jacobson

Kagan Assesses Amazon Prime’s Subscriber Story

Radio+Television Business Report
1 week 3 days ago
While Amazon Prime may be a draw for some subscribers for its exclusive live sports offerings and feature films, rather than its original scripted series, one thing is for certain: it has gained nearly 30 million paid subscribers in the U.S. in the last five years.
RBR-TVBR

Ahead of Disney Acquisition, Fubo Posts A Positive Q2

Radio+Television Business Report
1 week 3 days ago
In what could be its last second quarter earnings report, Fubo, which is being acquired by The Walt Disney Co., delivered results that exceeded both its subscriber and revenue guidance. This led investors to snap up shares in the "Sports First" vMVPD, bringing it closer to a new year-to-date high.
Adam Jacobson

NAB Marconi Radio Award Finalists For 2025 Unveiled

Radio+Television Business Report
1 week 4 days ago
Two radio stations serving the City of New York, an AM to the east on Long Island, a big AM serving the Midwest, and one of the biggest Rock stations in the U.S. are the five finalists for "Legendary Station of the Year," as the NAB on Thursday announced its list of nominees for the 2025 NAB Marconi Radio Awards. 
RBR-TVBR

Xperi Shares Bottom Out As Q2 Results Arrive

Radio+Television Business Report
1 week 4 days ago
It's been a punishing 2025 for Xperi Corp. shareholders, with valuations down 42.7% since the start of the year. With the release of the company's second quarter earnings results, it looks like the dip — punctuated by a steep drop in value over the last 10 days — has abated.
Adam Jacobson

Saga Sees A Softer Quarter As Revenue, Income Slip

Radio+Television Business Report
1 week 4 days ago
It was a quarter in which the earnings per share fell short of analyst estimates by a penny and revenue was a few thousand dollars below analyst forecasts, too. How can Saga Communications get out of the doldrums with its future quarterly revenue reviews? "We have to sell our way out," says CEO Chris Forgy.
Adam Jacobson

Cumulus CEO Stresses ‘Disciplined Focus on Optimizing Performance’

Radio+Television Business Report
1 week 4 days ago
The owner of broadcast radio stations and the Westwood One national radio unit "continued to outperform" its radio peers in the quarter, gaining market share across all broadcast spot revenue channels. Did that translate to net income growth for a fiscally strained company whose Over-the-Counter stock is trading at $0.17 per share?
Adam Jacobson

Ex-WBZ TV Anchor Sues For Racial and Gender Discrimination

Radio+Television Business Report
1 week 4 days ago
Until June 2024, she spent more than two decades at WBZ-4 in Boston. Now, Paramount Skydance attorneys may be heading to a Massachusetts federal district court to discuss whether or not the CBS O&O engaged in two forms of discrimination when it parted ways with a veteran female news team member.
Adam Jacobson

FCC Advances EAS Reform, DIRS Update, Broadcast Rule Repeal

Radio+Television Business Report
1 week 4 days ago
The proceedings are part of the broader “Build America” agenda presented by FCC Chairman Brendan Carr, who described these changes as essential to “clearing the way for new infrastructure builds” while keeping emergency communications systems effective and efficient.
Cameron Coats

Digital Dollars Fuel Another Quarter of Bell Media Revenue Growth

Radio+Television Business Report
1 week 4 days ago
With radio stations across the nation operating under the iHeartRadio banner, Bell Media has followed the lead of industry peer Stingray by reporting digital and ad technology growth as a big revenue generator in the latest fiscal quarter. Of course, CTV, TSN and the Crave app had much to do with the gains.
Adam Jacobson

TEGNA Delivers On Its Financial Commitments In Q2

Radio+Television Business Report
1 week 4 days ago
The second quarter of 2025 was a beneficial one for broadcast TV station ownership group TEGNA Inc., as CEO Mike Steib noted the company formerly known as Gannett is "making important progress on the strategic initiatives" that will shape the NYSE-traded company's future."
Adam Jacobson

‘Another Solid Quarter’ For Nexstar As Positive Q2 Results Arrive

Radio+Television Business Report
1 week 4 days ago
For Nexstar Media Group, "strong expense management" helped cushion a 9% year-over-year advertising revenue decline in Q2. The great news for investors? Nexstar beat analysts' forecasts on earnings per share and revenue in the quarter.
Adam Jacobson

FCC’s Gomez Slams Paramount-Skydance Merger Upon Closing

Radio+Television Business Report
1 week 4 days ago
Paramount Skydance Corporation is officially the owner of CBS News & Stations. It is trading on the Nasdaq GlobalSelect market as "PSKY," and as of 3:35pm Eastern was down by 2.2% from its inaugural $11.65 price. That still doesn't sit well with the lone Democrat who serves as a FCC Commissioner.
Adam Jacobson

NEPA Pirate Battle Ends With FCC Consent Decree

Radio+Television Business Report
1 week 4 days ago
The operator of an unlicensed radio station targeting the growing Dominican segment of the Spanish-speaking population in Northeastern Pennsylvania has entered into a Consent Decree with the FCC, ending its investigation into his illegal broadcasts. A small "voluntary" U.S. Treasury payment is part of the agreement.
Adam Jacobson

Sinclair’s Podcast Arm Celebrates An Events and Media Partnership

Radio+Television Business Report
1 week 4 days ago
Sports representation and marketing agency Athletes First has signed an agreement with Sinclair that creates a collaboration that will tie events and talent with Sinclair and its AMP Sports portfolio of digital content and original podcasts.
RBR-TVBR

FCC Names A New OET Chief

Radio+Television Business Report
1 week 4 days ago
FCC Chairman Brendan Carr has appointed a new Chief of the FCC’s Office of Engineering and Technology. He will serve as the Commission’s principal technical advisor helping to shape spectrum policy, guiding equipment authorization, too. What does this mean for Ira Keltz?
RBR-TVBR

Scripps Signs With U.S. Bank To Issue New 2030 Notes

Radio+Television Business Report
1 week 5 days ago
The E.W. Scripps Co. has entered into an indenture with U.S. Bank that will see the broadcast TV station ownership group issue $750 million aggregate principal amount of new 9.875% senior secured second lien notes due 2030.
RBR-TVBR

A ‘Solid’ Q2 Can’t Stop Sinclair Swing To A Net Loss

Radio+Television Business Report
1 week 5 days ago
“Sinclair delivered solid second quarter results, successfully navigating a challenging macro-economic environment." That's the assessment of Sinclair Inc. President/CEO Chris Ripley as the publicly traded company fueling the push toward ATSC 3.0 adoption released its Q2 2025 financial report card on Wednesday afternoon.
Adam Jacobson

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