Industry News

“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. 

Ben Dawson describes AM signal in airport tunnel that prompted an FCC software change

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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."

Capus said staff and programming will be cut further

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