The TV Media arm of Paramount Global, under scrutiny from President Trump and the FCC over alleged "news distortion," experienced a 13% year-over-year revenue decline in the first quarter as the company as a whole saw a decrease in its adjusted earnings per share from continuing operations attributable to the company.
Count The E.W. Scripps Co. among the broadcast television station ownership groups that proved the naysayers wrong by surpassing the earnings forecast of financial analysts who offered revenue and EPS estimates on the company's Q1 results.
“We’re making important progress on the key initiatives that are shaping TEGNA’s future,” says Mike Steib, CEO of a broadcast TV company that appears by all accounts to be in growth mode. But, what of TEGNA's Q1 2025 financial results?
Entravision Communications released its Q1 2025 earnings report after the Closing Bell on Wall Street, and Media revenue declined by 10% year over year. Yet, 17% revenue growth was seen overall in Q1 for the company. It's all thanks to soaring Digital dollars.
Gray Media shares, which trade on the NYSE, torpedoed ahead by more than 20% in value in midday trading as investors celebrated total Q1 2025 revenue finishing above the high end of its guidance. Debt reduction and a decline in broadcast operating expenses were also highlights singled out by the broadcast TV group.
Global consumer spending on overall media content and technology grew at a 4.4% rate in 2024 to $2.371 trillion. This, says PQ Media, marks the third consecutive year of decelerating growth after a 4.5% increase in 2023, and that followed the strongest growth in consumer media spend in a decade the prior year.
Net operating revenue was down slightly, as Saga Communications once again logged a net loss in the first three months of the year. In fact, the results offer a near mirror image of what the company led by CEO Chris Forgy, with significant equity interest held by Towerview LLC, logged in Q1 2024.
An entertainment industry attorney with unscripted programming and film experience across international platforms, has joined Hearst Media Production Group (HMPG) as Vice President of Business Affairs.
She served as the "NCSA/PEP Coordinator" for the Wisconsin Broadcasters Association and had been with the organization led by Michelle Vetterkind for two decades. Now, radio and TV professionals across the state are remembering the life of Liz Boyd, who has died at the age of 71.
A new WARC report led its research and analytics head to state, "While AI tools, in particular, bring new speed and scale to measurement, advertisers still lack a complete framework for understanding advertising return on investment."
It's a story you've heard before, but it bears repeating: Townsquare Media, the "local first" company with subscription digital marketing solutions and a vibrant digital advertising division has released first quarter 2025 earnings results that show Digital comprising 57% of quarterly revenue.
“Nexstar delivered solid first quarter Net Revenue, Adjusted EBITDA, and Adjusted Free Cash Flow, driven by record first quarter distribution revenue and disciplined expense management." That's the official assessment from Nexstar Media Group leader Perry Sook, who calls deregulation his top priority.
With the NAB Show in the rearview mirror and growth anticipated for its TiVo, HD Radio and DTS AutoStage branded products benefiting broadcast media, Xperi Corp. beat earnings per share estimates for the first quarter by 3 cents per share, shifting from a loss in Q1 2024.
Investors appear pleased too.
Gary Shapiro is rapidly becoming Enemy No. 1 of the broadcast TV industry. He and the Consumer Technology Association are dead-set against forcing manufacturers to bring ATSC 3.0-powered "NEXTGEN TV" to all sets sold in the U.S.
In October 2024, she was named SVP of Content and Development for Telemundo Studios. Now, she's adding the role of advisory board member for the New York Festivals Television and Film Awards.
A key Senate Democrat is sounding the alarm over a series of recent actions by the Trump Administration targeting public broadcasting, including cutting NPR and PBS funding and proposing a budget that would eliminate the Corporation for Public Broadcasting.
"Sinclair delivered solid financial results in a challenging first quarter environment." That's the overall assessment of the first three months of 2025 from a fiscal standpoint from Chris Ripley, President/CEO of broadcast TV station ownership group and Dielectric parent Sinclair Inc.
A daytime-only Class D AM radio station in Remsen, N.Y., with an FM translator serving the Utica-Rome, N.Y., market can proceed with its license renewal. To accomplish this, it has entered into a Consent Decree with the FCC, which dismissed an informal objection seeking a stop to the renewal.
After posting a double-digit revenue decline to open 2025, Beasley Media Group confirms it is actively evaluating potential station swaps amid possible FCC regulatory changes that could reignite radio M&A. “Earlier in the year, there were discussions, multiple discussions," said CEO Caroline Beasley.
