Group 1 - Accor SA - Sponsored ADR (ACCYY) is currently ranked 2 (Buy) in the Zacks Rank, indicating a positive outlook for the stock [3] - Year-to-date, ACCYY has increased by approximately 6.9%, while the average performance of Consumer Discretionary stocks has decreased by 2.8%, showcasing Accor's outperformance [4] - The Zacks Consensus Estimate for ACCYY's full-year earnings has risen by 1.7% over the past three months, reflecting improved analyst sentiment [4] Group 2 - Accor SA operates within the Hotels and Motels industry, which is currently ranked 140 in the Zacks Industry Rank, with an average gain of 10.9% year-to-date [6] - Despite Accor's positive performance, it is slightly underperforming its industry in terms of year-to-date returns [6] - In comparison, another stock in the Consumer Discretionary sector, Cumulus Media, has outperformed with an 8.5% increase year-to-date [5]

Group 1 - Accor SA - Sponsored ADR (ACCYY) is part of the Consumer Discretionary sector, which includes 257 individual stocks and holds a Zacks Sector Rank of 12 [2] - The Zacks Rank system indicates that Accor SA has a current Zacks Rank of 2 (Buy), suggesting a favorable outlook for the stock [3] - The Zacks Consensus Estimate for ACCYY's full-year earnings has increased by 1.7% over the past quarter, indicating improved analyst sentiment and a more positive earnings outlook [4] Group 2 - Year-to-date, Accor SA has returned approximately 0.1%, outperforming the average loss of 3.6% in the Consumer Discretionary group [4] - Accor SA belongs to the Hotels and Motels industry, which consists of 15 individual stocks and currently ranks 96 in the Zacks Industry Rank; this industry has gained about 2.8% so far this year, indicating that ACCYY is slightly underperforming its industry [6] - Investors should continue to monitor Accor SA and Cumulus Media, as both stocks have shown solid performance in the Consumer Discretionary sector [7]

Core Insights - Cumulus Media Inc. has appointed Carol Flaton to its Board of Directors, effective January 15, 2026, following the resignation of Joan Hogan Gillman [1][2] Group 1: Board Changes - Carol Flaton brings over three decades of experience in financial services and governance, enhancing the Board's capabilities as the company executes its strategy [2] - Joan Hogan Gillman served on the Board for eight years, contributing valuable insights that will benefit the company beyond her tenure [2] Group 2: Carol Flaton's Background - Flaton has held senior leadership roles in financial advisory, investment banking, and risk management, including positions at AlixPartners and Lazard [2] - She currently serves on multiple public and private company boards, including as an independent director of QVC Group, Inc., where she is involved in the Audit and Compensation Committees [2][3] Group 3: Company Overview - Cumulus Media is an audio-first media company reaching a quarter billion people monthly through 395 owned-and-operated radio stations across 84 markets [4] - The company provides a variety of programming, including nationally-syndicated sports, news, talk, and entertainment, and operates the Cumulus Podcast Network [4] - Cumulus Media offers advertisers a range of services, including digital marketing, audio solutions, and live event experiences [4]

Core Points - Cumulus Media held its third quarter 2025 earnings conference call, featuring key executives including the President and CEO, Mary Berner, and CFO, Frank Lopez-Balboa [2] - The company emphasized that certain statements made during the call may be forward-looking and subject to risks and uncertainties, which could lead to actual results differing from those projected [2][3] - Non-GAAP financial measures will be discussed, which the company believes provide useful supplementary information to investors, although they are not considered superior to GAAP measures [3]

Core Points - Cumulus Media Inc. will host a conference call on October 30, 2025, at 8:30 AM ET to discuss its third quarter 2025 operating results [1] - A press release summarizing the results will be issued before the call at approximately 8:00 AM ET [1] Participation Details - Participants must register in advance to join the conference call, with a one-time email address verification required [2] - The call will be available in listen-only mode on the company's investor relations website, and a recording will be accessible shortly after the call [3] Dial-in Information - Domestic callers can join by dialing 833-470-1428, while international callers should dial 646-844-6383, using the participant access code 504399 [4] Company Overview - Cumulus Media is an audio-first media company reaching a quarter billion people monthly through 395 owned radio stations across 84 markets [5] - The company offers nationally-syndicated programming from major brands and operates the Cumulus Podcast Network, providing a platform for original podcasts [5] - Cumulus Media delivers advertising solutions through various platforms, including digital, mobile, and social media, along with integrated marketing services [5]

Core Insights - Cumulus Media reported a challenging advertising environment for legacy media but managed to outperform radio peers, gaining market share across all broadcast spot revenue channels and achieving a 38% year-over-year increase in digital marketing services [2][4][7] - The company executed $5 million in annualized cost reductions, totaling $175 million over the last five years, indicating a disciplined focus on optimizing performance despite capital constraints [2][4][7] - The financial results for Q2 2025 showed a net revenue of $186.0 million, a decrease of 9.2% year-over-year, with a net loss of $12.8 million, which is an improvement from a net loss of $27.7 million in Q2 2024 [4][6][7] Financial Performance - For the three months ended June 30, 2025, Cumulus Media reported net revenue of $186.0 million, down 9.2% from $204.8 million in the same period of 2024, with an Adjusted EBITDA of $22.4 million, a decrease of 11.3% year-over-year [4][6][9] - For the six months ended June 30, 2025, net revenue was $373.4 million, a decline of 7.8% from $404.9 million in the same period of 2024, with an Adjusted EBITDA of $25.9 million, down 23.0% year-over-year [5][8][28] - Digital revenue for Q2 2025 was $38.8 million, a decrease of 1.4% year-over-year, but a 20% increase when excluding the impact from discontinued relationships [7][9] Revenue Breakdown - In Q2 2025, total broadcast radio revenue was $118.4 million, down 13.0% from $136.1 million in Q2 2024, with spot revenue decreasing by 10.5% and network revenue decreasing by 20.5% [9][28] - For the six months ended June 30, 2025, total broadcast radio revenue was $243.3 million, a decline of 11.8% from $275.8 million in the same period of 2024 [8][28] Balance Sheet and Debt - As of June 30, 2025, Cumulus Media had cash and cash equivalents of $96.7 million, reflecting a $55.0 million draw on the revolving credit facility, with total debt reported at $723.7 million [7][10][28] - The company reported net debt less total unamortized discount of $600.4 million, indicating a focus on managing leverage and evaluating the balance sheet [7][28]

Core Insights - Rumble and Cumulus Media have formed a strategic partnership to enhance content distribution and advertising opportunities in the evolving media landscape [1][2][3] Company Overview - Rumble is a high-growth video-sharing platform and cloud services provider focused on empowering creators and brands, aiming to restore the internet to its roots by making it free and open [4] - Cumulus Media is an audio-first media company that reaches a quarter billion people monthly through 400 radio stations and the Cumulus Podcast Network, providing a wide range of premium content [5] Partnership Details - The collaboration will leverage both companies' assets to create unique multi-platform advertising solutions, maximizing opportunities for brand partners [2][3] - Westwood One, a subsidiary of Cumulus Media, will distribute audio and video content on Rumble's platform, enhancing the reach of both companies [2][3] Strategic Goals - The partnership aims to create new monetization opportunities for creators while providing brands with effective ways to connect with engaged audiences [3] - The alignment between Rumble and Cumulus Media is positioned as a new frontier for host-read advertising, emphasizing authenticity, scale, and brand safety [3]

Core Viewpoint - Cumulus Media Inc. will host a conference call on August 7, 2025, to discuss its second quarter 2025 operating results, with a press release summarizing these results to be issued beforehand [1]. Group 1: Conference Call Details - The conference call is scheduled for Thursday, August 7th at 8:30 AM ET [1]. - Participants must register in advance to join the call, with a one-time email verification required [2]. - The call will be available in listen-only mode on the company's investor relations website, and a recording will be accessible shortly after the call [3]. Group 2: Dial-in Information - Domestic callers can join the call by dialing 833-470-1428, while international callers should dial 404-975-4839, using the participant access code 033528 [4]. Group 3: Company Overview - Cumulus Media is an audio-first media company reaching a quarter billion people monthly through 400 radio stations across 84 markets [5]. - The company offers nationally-syndicated programming from major brands and operates the Cumulus Podcast Network, providing original podcasts [5]. - Cumulus Media delivers advertising solutions through various platforms, including digital, mobile, and live events, enhancing local impact and national reach [5].

Core Viewpoint - Fox (FOXA) has demonstrated strong financial performance and growth potential, particularly in its Television and Cable Networking segments, making it an attractive investment opportunity for 2025 [2][8]. Financial Performance - In Q3 fiscal 2025, Fox reported a 27% increase in total revenues and achieved the highest free cash flow in its history, exceeding $1.9 billion [3]. - The Super Bowl broadcast contributed over $800 million in advertising revenues, marking it as the most-watched telecast in U.S. history [3]. Segment Performance - Tubi, Fox's free streaming platform, experienced a 35% year-over-year revenue increase, with rising engagement and view time [4]. - The cable segment benefited from a 26% increase in ad revenues, bolstered by Fox News being the most-watched cable channel [4]. Growth Strategy - Fox's growth strategy centers on live content from its core brands: FOX News, FOX Sports, and the FOX Network, capitalizing on the rising demand for live programming [5]. - The company anticipates steady growth in affiliate fees, which will support long-term revenue growth [5]. Market Position - FOX News ranks as the second most trusted and top-rated news channel in the U.S., with FOX Nation gaining traction through 700 hours of original content [6]. Earnings Estimates - The Zacks Consensus Estimate for FOXA's 2025 earnings is $4.52 per share, reflecting a 31.78% year-over-year growth, with revenues projected at $16.11 billion, indicating a 15.24% increase [7]. - FOXA has consistently beaten earnings estimates over the past four quarters, with an average surprise of 25.97% [7]. Investment Outlook - Fox's strong fundamentals, record free cash flow, and momentum in streaming services position it well for continued growth and investor confidence in 2025 [8]. - The company currently holds a Zacks Rank 2 (Buy) and a Growth Score of B, indicating a favorable investment opportunity [9].

Core Viewpoint - Cumulus Media Inc. will host a conference call on May 1, 2025, to discuss its first quarter 2025 operating results, with a press release summarizing these results to be issued beforehand [1]. Group 1: Conference Call Details - The conference call is scheduled for May 1 at 8:30 AM ET, with a press release to be issued at approximately 8:00 AM ET [1]. - Participants must register in advance to join the conference call, with a one-time email address verification required [2]. - The call will be available in listen-only mode via the company's investor relations website, and a recording will be accessible shortly after the call [3]. Group 2: Dial-in Information - Domestic callers can join the call by dialing 833-470-1428, while international callers should dial 404-975-4839, using the participant access code 624457 if prompted [4]. Group 3: Company Overview - Cumulus Media is an audio-first media company reaching over a quarter billion people monthly through 400 radio stations across 84 markets [5]. - The company offers nationally-syndicated programming from major brands and operates the Cumulus Podcast Network, which features original podcasts [5]. - Cumulus Media provides advertisers with a combination of local impact and national reach through various platforms and services, including performance guarantees for advertising [5].