Tag: Media Business
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Audacy Plans Reverse Stock Split to Remain on NYSE
“While price of our common stock might meet the continued listing requirements for the NYSE initially, it cannot be assured that it will continue to do so.”
Red McCombs, Clear Channel Co-Founder, Dies
“Red was a visionary entrepreneur who touched many lives and impacted our community in immeasurable ways.”
News Corp. Eliminating 5% of Workforce
"A ... reduction around 1,250 positions this calendar year will create a robust platform for future growth.”
Bob Iger Open to Selling Disney’s Stake in Hulu
“Everything is on the table right now, so I am not going to speculate whether we are a buyer or a seller of it."
Disney Planning Mass Layoffs
Bob Iger has stated that the job cuts are part of a broader plan to make Disney's streaming business profitable and save $5.5 billion in costs.
Soledad O’Brien to Host 2023 Golden Mike Ceremonies
"Combined with her philanthropic endeavors, she is the perfect person to host our special evening.”
YouTube, Libsyn Partner for Real-Time Podcast Metrics
"Libsyn was the first hosting company to support publishing podcasts to YouTube and this data integration furthers our commitment to the multi- channel approach."
Programmatic Podcast Ads To Triple By 2027
“Programmatic is vastly different today, and we're much more smart with it.”
Nick Clegg: Donald Trump Must Play By Rules After Meta Reinstates Accounts
Nick Clegg, Meta President for Global Affairs, told Bret Baier Wednesday that there will be guardrails in place if Donald Trump returns to the platforms again.
Peter Tanz Elevated to Midwest Communications President
"He is well-respected throughout our company and is the best choice to lead Midwest to future success the way Duke wanted.”