Tag: Media Business
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ABC Audio, Compass Media Networks Strike Ad Sales Extension
"Our team looks forward to continuing to provide our advertising partners access to these highly rated stations across the country.”
Why Layoffs at Cumulus Highlight One of Radio’s Biggest Lies to Employees
This industry calls itself the radio business, the media business, the broadcast industry. Nobody calls it the media family. That's not an accident.
FCC Votes to Repeal Broadcast TV Ownership Limits
“It is time to restore balance to the broadcast airwaves."
Versant Reports 3.8% Revenue Decline During 2026’s 2nd Quarter
"We continued executing our strategy by investing in opportunities that will drive the next phase of our growth."
Nexstar Media Group Reports 62% Revenue Increase During 2026’s 2nd Quarter
"We remain confident that the case challenging our acquisition of TEGNA is without merit and we will continue to vigorously defend it.”
Strong Digital Performance Helps Townsquare Media Finish Q2 Nearly Flat
"Our Digital businesses represented 57% of Townsquare’s net revenue and 59% of Segment Profit in the first six months of the year."
Vertical Video Isn’t a Fad Anymore — It’s Where the Money and the Audience Are
"Excluding China, (vertical video) is on track to hit $150 billion in 2026, up from $106 billion."
Magnum Media Buys 3 Wisconsin Stations
“In June, when my Dad was inducted into the Wisconsin Broadcasters Hall of Fame, he spoke in the video about WCOW being the very first radio station he was ever in at age 4."
Disney Reports 6.8% Revenue Increase During 2026’s 2nd Quarter
"We continue to bolster ESPN's place as the front door for sports fans as we build out ESPN's 'marketplace of sports,' creating a single destination for fans."
Urban One Reports 6.4% Revenue Decline During 2026’s 2nd Quarter
Urban One reported lower second quarter revenue. However, the company also sharply reduced its net loss.
What We Know: Urban One generated $85.8 million in...