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S&P Economic Outlook Sees The U.S. Tipping Toward Recession

Continued high prices through most of next year and the Fed's decision to aggressively raise rates are leading households to pull back on spending and businesses to cut costs in response to slowing demand. That's the conclusion of an analysis released Monday by S&P Global Ratings.

Pittman, Bressler Preparing for Wells Fargo Summit

The top two leaders at iHeartMedia, both of whom were present at Forecast 2023 on November 16 in New York, are gearing up for a question-and-answer session at a major institutional investor event scheduled for November 30.

FINTECH.TV Saddles Up To Katz Digital Video

The nation’s largest media sales organization, delivering dynamic advertising solutions and insights for brands and agencies, will exclusively represent the domestic sales of FINTECH.TV’s advertising assets, including streaming inventory and sponsorship opportunities.

Nexstar C-Suite Leaders Sit With Stephens

Tom Carter and Lee Ann Gliha participated in a "Fireside Chat" on Wednesday as part of a financial conference for institutional investors. Didn't catch it because of the Forecast conference or other obligations? Not to fret: A replay is available to view.
Wall Street Bull

Cooling Inflation Sparks Investor Buys on Wall Street

If there was a soundtrack to how the U.S. financial market performed on Thursday, "Bulls on Parade" from Rage Against The Machine may be the suitable song to play. Stocks soared across the trading day, on word that inflation — a big concern among investors, consumers and marketers — is finally starting to slow down.
Hilton Howell Jr., Gray Television CEO

‘Ripe For a Turnaround’: Gray TV Stock

The company's share value has declined by 36.4% over the last month. But, is a rebound on the way for Gray Television?  Analysts at Zacks Equity Research think so.
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On Heavy Trading, Salem Shares Slide On Friday

It's not what was reported, but what's to come that could be irking Salem Media Group investors. One day after the company released largely positive third quarter 2022 results while offering a disappointing Q4 forecast, Salem shares moved downward in a significant manner on the Nasdaq exchange.

Beasley To Reveal Q3 Results On Monday

Beasley Media Group, impacted across Southwest Florida from Hurricane Ian, had been absent as to when it will release its Q3 2022 earnings results. Minutes after Wednesday's Closing Bell on Wall Street, Beasley confirmed the results reveal will be in just five days.
Soo Kim, who runs Standard General

TEGNA Board Says Yes To Dividend

With its shares in the upper-$20 range and regulatory approval of its privatization offer from Standard General getting positive and negative input as the FCC decides whether or not to approve the deal, TEGNA's Board of Directors have moved ahead with declaring a regular quarterly dividend.

Salem Schedules Q3 Call For Busy Thursday

Fasten your seatbelts. Salem Media Group has just become the fourth publicly traded radio broadcasting company that will deliver its Q3 2022 results on November 3.

Here’s When iHeartMedia Releases Its Q3 Report

Curious as to how the nation's leading audio content creator and distributor performed during the three-month period ending September 30? You'll get your answer on the first Thursday in November.
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Beasley Stock Struggles To Stay Above $1 Threshold

On October 13, Beasley Media Group's publicly traded stock closed the day's trading session at $1. Since then, the company's shares have struggled to motor back to the upper-$1 range, where they sat some six months ago. With Monday's trading now complete, BBGI remains at a critical low for the audio content creation and distribution company.

Snap, Crackle, Flop: Social Media Firm Sees Sour Q3

Has the Snapchat app officially fallen by the wayside, with TikTok and Instagram far more front-and-center with both users and advertisers? That may not be the case based on its active user rolls. But, monetizing its audience is whole other matter, as can be plainly seen in a rather dismal third quarter earnings report released after Thursday's Closing Bell. In after-hours trading, Snap Inc. shares plummeted by more than 27%.
Money

Urban One, Audacy Corp. Finalize Q3 Release Dates

Urban One and Audacy Corp. are key radio industry companies, and the publicly traded entities have each decided when they will deliver their third quarter earnings results.

News Corp. Exploring Fox Corporation Merger

News Corporation on Friday shared the news that its Board of Directors, following the receipt of letters from K. Rupert Murdoch and the Murdoch Family Trust, has formed a Special Committee to begin exploring a potential combination with Fox Corporation.