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.
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.
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.
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.
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.
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
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