The Board of Directors of Nielsen Holdings plc has declared a quarterly cash dividend of Nielsen's common stock. The dividend is payable on March 19, to shareholders of record at the close of business on Thursday, March 5.
On January 27, Entravision Communications shares dipped below the $2 mark. Since then, the Hispanic-focused multimedia company has had difficulty getting its stock moving upward, after years of decline. On Thursday, a 2.7% dip only exacerbated matters for Los Angeles-based Entravision.
The E.W. Scripps Company will report fourth-quarter 2019 operating results on the same day that radio broadcasting company Cumulus Media will do the same.
What's the hottest media stock on Wall Street? Believe it or not, it's Beasley Broadcast Group. Shares are up by $1.17 since Dec. 18, 2019, and are presently at their best prices in 11 months. The rebound for BBGI comes as the company, which is diving into eSports, sees one of its air personalities hosting a Thursday panel in Philadelphia on how to excel at pro gaming as a career.
While Nexstar Media Group shares have dipped a smidgen since then, upward activity over the last seven days -- punctuated by a strong session on a day when shares are going ex-dividend -- shows investors are highly positive over where Nexstar stock is expected to go.
With Wednesday's Closing Bell on the NYSE, Townsquare Media finished the day with its best closing price in some 2 1/2 years. It puts the local media company in the driver's seat as it prepares to announce when it will release its Q4 and full-year 2019 financial results.
With T-Mobile now on target to complete its merger with Sprint by April 1, putting DISH in the driver's seat on becoming the nation's fourth-largest wireless services company, tower companies are likely to benefit from the rollout of 5G spurred by the companies' moves. As such, American Tower shares lifted by more than 4% on Tuesday.
The broadcast media company, which owns the Cadence 13 podcasting entity and is the parent of the Radio.com streaming app, will host a conference call two weeks from Tuesday to review the results and what it terms "recent progress against its strategic initiatives." Here's what investors expect to hear from President/CEO David Field and CFO Rich Schmaeling.
A January 2020 employment report showing 225,000 new positions created in the month -- greatly besting economic forecasts and flying in the face of widely reported layoffs at such companies as iHeartMedia -- couldn't deter a downswing for general indices on Wall Street. How did radio and TV stocks perform on Friday?
Thursday marked another gloomy trading session for Salem Media Group, which will see company representatives pitching itself to investors later this month at Noble Capital Markets’ Sixteenth Annual Institutional Investor Conference in Hollywood, Fla. SALM is trading at its lowest price since the summer of 2009.
Shares in popular social media app Snapchat's parent company tumbled 14.7% on Wednesday following the release of Q4 2019 results Pivotal Research Group Senior Research Analyst for Internet and Media Michael Levine categorizes as "more of a miss" versus expectations rather than anything fundamentally different about the business.
"The world's largest asset manager" has disclosed to the Securities and Exchange Commission that it has snapped up a sizable percentage of publicly traded stock associated with a media company that recently shed all of its radio properties and canceled the Pickler & Ben syndicated TV program in order to focus on being a station operator.
A pair of radio broadcasting companies that have seen their shares on Wall Street largely underperform in recent months each enjoyed strong trading sessions on Monday. While Entercom Communications enjoyed a strong session, it is Beasley Broadcast Group's late-session surge that deserves close attention.
Nexstar Media Group shareholders who are awaiting a big benefit from holding the TV station owner's stock through its merger with Tribune Media are poised to receive a significant bonus from the Dallas-based company.
On Dec. 18, Entercom Communications shares reached $5.16, its highest closing price since a huge Aug. 6, 2019, slide in value. It appears ETM is suffering from another dip in share price, with Thursday's opening price poised to be its lowest since November 7.