Net News search results for: cash trust
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November 12, 2020
Urban One, Inc. Reports Third Quarter Results
URBAN ONE has reported its results for the quarter ended SEPTEMBER 30th, with net revenue at approximately $91.9 million, a decrease of 17.2% from the same period in 2019. Broadcast and digital operating income1 was approximately $44.2 million, an … more »
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September 2, 2020
Spanish Broadcasting System Second Quarter Revenue Falls 58%
The second quarter was not pretty for SPANISH BROADCASTING SYSTEM, which saw consolidated net revenue plummet 58% year-to-year to $15.5 million; radio was off 61% to $12.7 million, while television was down 28% to $2.8 million. Adjusted OIBDA also fell … more »
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August 12, 2020
Texas, Arizona, Virginia Stations Change Hands
JJS MEDIA LLC is selling Spanish AC KCKO (AMOR 107.9)/RIO RICO-NOGALES, AZ to DE LA FUENTE MEDIA, LLC for $700,030. In other filings with the FCC, TED TUCKER's COCHISE MEDIA LICENSES LLC is selling KXBK/TAYLOR, AZ and KXMQ/MCNARY, AZ to VANCE and … more »
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July 28, 2020
Artists Ask Politicians To Stop Using Their Music In Campaign Ads, Rallies Without Their Consent
The controversy over politicians using popular music at their rallies and in campaign advertising has led the ARTIST RIGHTS ALLIANCE to send a letter to Republican and Democratic campaign organizations asking that they stop using artists' music … more »
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July 27, 2020
iHeartMedia/Los Angeles And FanVestor Partner For 'Virtual Fan Experiences' Promotion And Charity Fundraiser
iHEARTMEDIA's LOS ANGELES cluster is launching a promotion with the FANVESTOR app to raise funds for local charities with a giveaway of "virtual fan experiences" with celebrities and station personalities. Fans creating an account with … more »
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June 12, 2020
Beasley First Quarter Revenue Flat As Company Seeks To Rebound From Pandemic Impact
BEASLEY BROADCAST GROUP first quarter net revenue was flat year to year at $57.7 million, credited to strong political revenue and increases from digital ads, esports, and the addition of WDMK/DETROIT. That was offset by losses in commercial ad and other … more »
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May 7, 2020
TEGNA First Quarter Revenues, Income Rise
TEGNA INC. first quarter total company revenue rose 32% year-to-year to $684 million, boosted by station acquisitions, subscription revenue, and politcal advertising; without political, revenues rose 24%. Net income increased 17% to $86 million (39 … more »
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April 20, 2020
TEGNA Preliminary First Quarter Revenues, Income Rise
TEGNA INC. has released preliminary financial results for first quarter 2020, with revenue showing a 32% year-to-year to $684 million, GAAP net income projected to increase 17% to $86 million (up 15% per share to 39 cents) and Adjusted EBITDA expected to … more »
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March 27, 2020
iHeartMedia Withdraws Full Year 2020 Guidance
iHEARTMEDIA has withdrawn its full year 2020 financial guidance due to uncertainty related to the CORONAVIRUS pandemic and its effect on advertising expenditures. "Given the ongoing uncertainty surrounding the duration and magnitude of the COVID-19 … more »
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February 18, 2020
Sold: Toledo FM, Delaware Noncomm, Atlanta AM
TOLEDO RADIO, LLC is selling Country WPFX-F (107.7 THE WOLF)/LUCKEY-TOLEDO, OH to PATTON ADVERTISING ENTERPRISES, LLC for $995,000 ($233,000 cash, $762,000 in a promissory note). In other filings with the FCC, a DELMARVA noncommercial FM is moving from … more »