Townsquare Media Shareholders Easily OK Three Directors
Townsquare Media shareholders have overwhelmingly approved the election of three individuals who will serve as members of its Board of Directors. One of the three individuals earning fresh three-year terms is a former Emmis SVP who also oversaw broadcast radio properties for AMFM Inc.
Gray Television Target Price Gets Analyst Hike
Gray Television's stock price has received a welcome bump in its 1-year target price, courtesy of analysts at Benchmark Securities, home to Dan Kurnos.
Sinclair, Gray TV Shares Rise on Dividend Declarations
Sinclair Inc. shares were up by more than 22% in Thursday's trading, while Gray Television's stock price was some 5.8% higher than Wednesday's closing value on word that each company's board of directors had declared healthy dividend payments.
Report: Apollo With SONY On Paramount Bid
Paramount Global shares completed Thursday's trading up 13% in value on unconfirmed reports that the controlling interest holder in Cox Media Group, Apollo Global Management, is teaming with SONY to acquire the company now led by three chief executives.
SBS Confirms Late Annual Fiscal Report, Names Interim CFO
The company founded and led by Raúl Alarcón Jr. has an interim CFO in place, replacing José Molina. The Miami-headquartered company also shared with the Securities & Exchange Commission that it will be late in filing its FY 2023 fiscal report.
Nexstar Board Declares Generous Quarterly Dividend
For many investors, a meaty dividend is a deciding factor in whether or not to snap up shares of a publicly traded company. For those that have been eyeing Nexstar Media Group, the time to buy could be now, given the dividend just declared by its board of directors.
TEGNA ‘Say On Pay’ Gets OK At Annual Shareholders Meeting
An advisory resolution on the compensation of named executive officers at Northern Virginia-based broadcast television station owner TEGNA has been approved by its shareholders. The OK came alongside the "overwhelming" approval of re-election of nine board members.
Nexstar Leaders Preparing For Two Investor Conferences
Executive leaders representing the No. 1 owner of broadcast television stations in the U.S. will be participating in a pair of major institutional investor conferences during the month of May.
Sinclair Inc. Sets A Q1 Results Release Date
Sinclair Inc. has announced when it will share with analysts, investors and the general public its first quarter 2024 financial results. What can they expect to hear from the owner of broadcast television stations, tower company Dielectric, ad sales entity Compulse, and Tennis Channel?
Paydown of Debt Comes At Gray Television
Gray Television has completed a series of debt principal payments totaling $53.75 million. These payments were comprised of three elements.
Cumulus Offers Third Extension On Debt Exchange Window
Cumulus Media has announced an additional extension to the company's debt exchange plan in a capital restructuring. The "Further Extended Expiration Time" takes the previous April 2 deadline and pushes it through April 9. The original deadline was March 26.
Nexstar Director Cashes in Some Shares
A woman who was appointed as a member of Nexstar Media Group's Board of Directors in May 2006 and serves as an Operating Partner of a growth equity firm focused on software and technology-enabled companies has pocketed nearly $300,000 before taxes from the sale of Nexstar shares on Tuesday.
TEGNA Selects Its Q1 Earnings Reveal Date
The television broadcasting company with WUSA9 in Washington, D.C., as its flagship property and more NBC affiliates than any other licensee has decided when to release, and discuss with investors, its fiscal report card for the first quarter of 2024.
Major Xperi Shareholder Calls For Radical Board Change
Despite lowering its Q4 net loss significantly and raising revenue year-over-year, one of Xperi Corp.'s largest shareholders has determined that these efforts are not enough and is calling for change on the company's board of directors, citing what it calls a, "History of Underperformance, Poor Decision Making and Reckless Capital Allocation."
Sinclair Board Director Cashes In Shares
A Board Director of broadcast TV station owner Sinclair Inc. has notified the SEC of the disposition of a significant amount of shares in the company, netting hundreds of thousands of dollars from the sale.