Thursday, July 30, 2026

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Jennifer Witz

Ad Growth For Sirius XM Can’t Stop Steep Stock Selloff

Sirius XM reported Q2 2026 revenue of $2.16 billion, beating estimates. However, the company saw its stock drop about 8.7% post-release before quickly starting to recover. Despite a strong cash flow yield of 12.9%, concerns about subscriber growth and market dynamics linger.
Michael Christenson, CEO of Entravision Communications

Digital Ad-Driven Entravision Preps For Q2 Earnings Reveal

Entravision's financial portrait during the first three quarters of 2026 was simply framed: digital advertising revenue growth and retransmission fees helped spark growth. At the same time, the Media Operating Loss doubled from the same period in 2025. Is this part of a long-term trend that will repeat in Q2 2026?

MFM Becoming An FEI Section With Merger Approval

For MFM CEO Joe Annotti, who plans to retire come June 2027, “Becoming the Media Finance Section of FEI ensures that our members' community and programming not only continue but grow, with greater scale and support behind them.”

Gray Media Commits To Four Forthcoming Investor Shows

Broadcast TV station ownership group Gray Media has committed to participating in some way at a quartet of investor conferences on the calendar in late August, in September, and during the month of December.

Gray Confirms Its Q2 2026 Earnings Release Date

What can investors anticipate from Gray Media when it comes to the broadcast television station owner's second quarter 2026 earnings results? The answers will come on August 7 with the release of its financial health card, and a conference call hosted by Hilton Howell Jr. and Pat LaPlatney.

Gray Completes Private Note Offering, Stock Buyback

Gray Media has closed on a private placement of $70 million of aggregate principal amount of its 7.250% Senior Secured First Lien Notes due 2033. The “additional notes,” as Gray calls them, were sold to accredited investors at a price of par plus accrued interest from and including February 15, 2026, the company said.
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Tech Stocks, Nexstar Rebound On Wall Street Rollercoaster

With Thursday's Closing Bell for U.S. financial markets, the mood was decisively glum for Nexstar Media Group shareholders, as "NXST" finished the day at $154.70 — a $13.27 decline from Wednesday. As Friday's trading session entered its final hour, the Nasdaq-traded stock had started to slice away at yesterday's big dip.
Raúl Alarcón Jr.

Delaware Bankruptcy Court Signals OK For SBS Reorganization

The judge overseeing the plan to emerge from debtor-in-possession status submitted by Spanish Broadcasting System has been given the green light, putting the wheels in motion for the company founded in 1983 by supermajority owner and equity interest holder Raúl Alarcón Jr. to reorganize SBS.
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Tech Stocks Tank As Nexstar Shares Sink To 14-Month Low

Media companies weren't immune to the declines for seen by such tech brethren as Apple, Microsoft and Meta, with Sinclair shares falling on Thursday by $1.09 per share to $12.94 and Gray Media slipping $0.37 per share to $3.58. It is the Nexstar Media Group slide that may have some industry observers jittery.
Nexstar Logo

Nexstar Shareholders Elect All Board Nominees, Select PwC

Nexstar Media Group has held its 2026 Annual Shareholders’ Meeting, and shareholders voted to elect all nominees to the company's Board of Directors while ratifying its independent registered public accounting firm for FY 2026.
Mary Berner

Cumulus’ Debtor-in-Possession Era To End By Q4

Cumulus Media has offered a target date for its Chapter 11 emergence for the first time since filing for bankruptcy protection in March, as the clock keeps running on two simultaneous high-stakes proceedings that will shape what the broadcaster’s ratings access on the other side.
Brendan Rovan

The Future of Financial Operations

The financial infrastructure underpinning media has not kept pace with the industry it serves, says CAI Director of Solution Delivery Brendan Rovan. Two technologies are now converging to change that: AI agents and blockchain, he says in this special report to the Radio + Television Business Report.

For iHeartMedia, A Sale-Leaseback Opportunity Comes For Its HQ

While the nation's largest audio content creation and distribution company maintains executive offices and its digital division in the City of New York, its headquarters has remained in the Alamo City since its time as Clear Channel Communications. Now, that building at 20800 Stone Oak Parkway could be heading to a new owner.

Sinclair Re-Elects Board, Approves Other Proposals

Sinclair Inc. stockholders on Thursday elected the nominated nine Directors at the company’s annual stockholders’ meeting while also ratifying the appointment of PricewaterhouseCoopers LLP as the broadcast media company’s independent registered public accounting firm for FY 2026. 

Townsquare To Participate At Noble Capital Conference

The "local first" media company squarely focused on digital growth while remaining anchored by its mid-sized and small-market radio stations will see its executive leadership participate at a key institutional investor event on June 3.