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Mexico's Grupo Televisa cancels dividend payment, shares drop
Reuters· 2026-02-27 15:43
Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Mexico's Grupo Televisa cancels dividend payment, shares drop February 27, 20263:43 PM UTCUpdated ago By Reuters The logo of broadcaster Televisa is seen outside its headquarters in Mexico City, Mexico, June 15, 2024. REUTERS/Raquel Cunha Purchase Licensing Rights, opens new tab MEXICO CITY, Feb 27 (Reuters) - Shares in Mexican broadcaster Grupo Televisa (TLEVISACPO.MX), opens new tab extended ...
Gray Television(GTN) - 2025 Q4 - Earnings Call Transcript
2026-02-26 17:02
Gray Media (NYSE:GTN) Q4 2025 Earnings call February 26, 2026 11:00 AM ET Company ParticipantsAlan Gould - VP, of Investor RelationsHilton Howell - Chairman and CEOJeff Gignac - CFOKevin Latek - EVP, Chief Legal and Development OfficerPat LaPlatney - President and Co-CEOSandy Breland - EVP and COOConference Call ParticipantsAaron Watts - Equity Research AnalystCraig Huber - Equity Research AnalystDan Kurnos - Senior Research AnalystSteven Cahall - Equity Research AnalystOperatorGood day, everyone, and thank ...
Gray Television(GTN) - 2025 Q4 - Earnings Call Transcript
2026-02-26 17:02
Gray Media (NYSE:GTN) Q4 2025 Earnings call February 26, 2026 11:00 AM ET Company ParticipantsAlan Gould - VP, of Investor RelationsHilton Howell - Chairman and CEOJeff Gignac - CFOKevin Latek - EVP, Chief Legal and Development OfficerPat LaPlatney - President and Co-CEOSandy Breland - EVP and COOConference Call ParticipantsAaron Watts - Equity Research AnalystCraig Huber - Equity Research AnalystDan Kurnos - Senior Research AnalystSteven Cahall - Equity Research AnalystOperatorGood day, everyone, and thank ...
Gray Television(GTN) - 2025 Q4 - Earnings Call Transcript
2026-02-26 17:00
Financial Data and Key Metrics Changes - Total revenue for Q4 2025 was $792 million, exceeding the high end of guidance [6] - Total operating expenses were $618 million, $5 million below the low end of guidance [6] - Net loss attributable to common stockholders was $23 million in Q4 2025 [7] - Adjusted EBITDA for Q4 2025 was $179 million [7] - Net Retransmission Revenue stabilized at $547 million for the full year 2025, similar to 2024 [8] Business Line Data and Key Metrics Changes - Broadcasting expenses declined by $41 million in Q4 2025 compared to Q4 2024, and by $78 million or about 3% for the full year 2025 compared to 2024 [6] - Core advertising revenue was up 3% compared to Q4 2024, with strong growth in services like financial, health, and home improvement [14] - Political advertising revenue reached $12 million in Q4 2025, exceeding expectations [7] Market Data and Key Metrics Changes - Core advertising categories showed strength in services, while automotive finished down low double digits [14] - Digital advertising continued healthy growth in Q4, up low double digits [15] - The first quarter 2026 guidance for core ad revenue is expected to be flat compared to Q1 2025 [17] Company Strategy and Development Direction - The company is focused on enhancing local content offerings and has won multiple national awards for journalistic excellence [10] - Continued investment in digital platforms, including a transition to the Quickplay platform powered by Google Cloud [11] - The company is optimistic about closing several M&A transactions in early 2026 to strengthen its market position [30] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the upcoming political cycle in 2026, which is expected to drive revenue growth [19] - The company is focused on achieving a sustainable model for net retransmission revenue, aiming for modest growth moving forward [29] - Management acknowledged the competitive landscape and the need for consolidation in the industry to maintain local news [31] Other Important Information - The company completed the acquisition of WBBJ-TV for $25 million and is working towards closing other announced transactions [9] - The total capital investment in Assembly Atlanta was approximately $630 million as of the end of 2025 [54] Q&A Session Summary Question: Impact of Nexstar's potential deal on asset availability - Management indicated that if Nexstar's deal closes, it may change the competitive landscape and could prompt the company to consider larger transactions [30] Question: Expectations for net retransmission revenue growth - Management confirmed that modest growth in net retransmission revenue is expected, despite some lumpiness due to renewals [29] Question: Leverage and M&A opportunities - Management stated that they are focused on reducing leverage and are open to transactions that make sense for the company [36] Question: Health of core advertising backdrop - Management noted that while Q1 is expected to be flat, there is optimism due to strong performance in February and upcoming political advertising [42] Question: NFL TV rights reassessment and its impact - Management believes that extending NFL contracts is a positive for the industry and critical for maintaining audience engagement [46] Question: Subscriber trends for retransmission revenue - Management reported improvements in subscriber trends, with a slower rate of decline in traditional MVPDs [50] Question: AI implementation and cost efficiency - Management highlighted that AI is enhancing efficiency across various departments, likening its impact to having additional interns [60][64]
Nexstar Media(NXST) - 2025 Q4 - Earnings Call Transcript
2026-02-26 16:02
Nexstar Media Group (NasdaqGS:NXST) Q4 2025 Earnings call February 26, 2026 10:00 AM ET Company ParticipantsJoe Jaffoni - Investor Relations ContactLee Ann Gliha - EVP and CFOMichael Biard - President and COOPerry Sook - Founder, Chairman, and CEOConference Call ParticipantsAaron Watts - AnalystBenjamin Soff - AnalystCraig Huber - AnalystDan Kurnos - AnalystJason Bazinet - AnalystPatrick Sholl - AnalystSteven Cahall - AnalystOperatorGood day. Welcome to the Nexstar Media Group's fourth quarter 2025 conferen ...
Nexstar Media(NXST) - 2025 Q4 - Earnings Call Transcript
2026-02-26 16:02
Nexstar Media Group (NasdaqGS:NXST) Q4 2025 Earnings call February 26, 2026 10:00 AM ET Company ParticipantsJoe Jaffoni - Investor Relations ContactLee Ann Gliha - EVP and CFOMichael Biard - President and COOPerry Sook - Founder, Chairman, and CEOConference Call ParticipantsAaron Watts - AnalystBenjamin Soff - AnalystCraig Huber - AnalystDan Kurnos - AnalystJason Bazinet - AnalystPatrick Sholl - AnalystSteven Cahall - AnalystOperatorGood day. Welcome to the Nexstar Media Group's fourth quarter 2025 conferen ...
Scripps(SSP) - 2025 Q4 - Earnings Call Transcript
2026-02-26 15:02
The E.W. Scripps Company (NasdaqGS:SSP) Q4 2025 Earnings call February 26, 2026 09:00 AM ET Company ParticipantsAdam Symson - President and CEOCarolyn Micheli - Head of Investor RelationsCraig Huber - CEO and FounderJason Combs - CFOConference Call ParticipantsDaniel Kurnos - Senior Research AnalystKen Silver - AnalystMichael Kupinski - AnalystShanna Qiu - High Yield Credit Research Senior AnalystSteven Cahall - Managing Director and Senior Equity Research AnalystOperatorThank you for standing by, welcome t ...
Scripps(SSP) - 2025 Q4 - Earnings Call Transcript
2026-02-26 15:02
The E.W. Scripps Company (NasdaqGS:SSP) Q4 2025 Earnings call February 26, 2026 09:00 AM ET Company ParticipantsAdam Symson - President and CEOCarolyn Micheli - Head of Investor RelationsCraig Huber - CEO and FounderJason Combs - CFOConference Call ParticipantsDaniel Kurnos - Senior Research AnalystKen Silver - AnalystMichael Kupinski - AnalystShanna Qiu - High Yield Credit Research Senior AnalystSteven Cahall - Managing Director and Senior Equity Research AnalystOperatorThank you for standing by, welcome t ...
Scripps(SSP) - 2025 Q4 - Earnings Call Transcript
2026-02-26 15:00
The E.W. Scripps Company (NasdaqGS:SSP) Q4 2025 Earnings call February 26, 2026 09:00 AM ET Speaker7Thank you for standing by, welcome to The E.W. Scripps Company's fourth quarter 2025 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press star one one on your telephone. To remove yourself from the queue, you may press star one one again. I wo ...
Gray Media Reports Fourth Quarter Results Exceeding Guidance
Globenewswire· 2026-02-26 11:00
ATLANTA, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced its financial results for the fourth quarter that ended December 31, 2025. EXECUTIVE COMMENTARY Hilton Howell, Jr., Chairman and CEO, commented, “We delivered strong fourth quarter financial results, with revenue and Adjusted EBITDA exceeding consensus expectations. The quarter benefited from better-than-expected MVPD subscriber trends, which drove year-over-year growth in “Net Retransmission Revenue” (retransmission consent r ...