The President/CEO of America's Public Television Stations says the organization is "deeply concerned" by a late-night Executive Order signed by President Trump on May 1 that directs the Corporation for Public Broadcasting to stop direct and indirect funding of both PBS and NPR.
The acquisition is expected to be completed in the second quarter, pending customary closing conditions. The total purchase price is $185 million in cash, which includes $75 million held back that is tied to meeting performance goals and milestones over the next two years.
The White House has trumped Congressional Republicans who have sought a cessation of federal funding for the noncommercial educational organizations that are not FCC licensees but provide programming to broadcast stations across the U.S. and its territories. An Executive Order directing CPB to cease funding has come.
Graham Holdings Company, the diversified publicly traded business that is parent to Graham Media Group, this week released its Q1 2025 earnings report. How did the broadcast TV division, led by Catherine Badalamente, do? Revenue was on the decline in the first three months of this year.
U.S.-based employers announced 105,441 cuts in April, down 62% from the 275,240 job cuts in March. But, it is up 63% from the 64,789 cuts announced in the same month last year, global outplacement and executive coaching firm Challenger, Gray & Christmas reports.
Nexstar Media Group CFO Lee Ann Gliha will be representing the company she works for at an institutional investor affair on May 14 in Boston, and again on June 5 in a venue familiar with Forecast conference attendees.
Adam Jacobson
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