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InvestigateTV, Gray Stations Launch New Multiplatform Investigative Initiative Manipulated: A Disinformation Nation
Globenewswire· 2025-08-25 14:00
Core Insights - Gray Media has launched a new investigative project titled "Manipulated: A Disinformation Nation" to educate viewers on the impact of artificial intelligence (AI) in their daily lives [1][4] - The first report in the series highlights the rise of deceptive AI content and scam campaigns that impersonate trusted sources [2] - The project aims to empower audiences with knowledge on how to identify and avoid misleading information related to AI [3][5] Project Overview - The investigative project combines the national unit of InvestigateTV with local newsrooms to provide comprehensive coverage on AI's influence [1][3] - Future reports will cover various topics, including AI-driven celebrity spoofs and fabricated fundraisers, while offering viewers steps to verify content [4] - An interactive webpage has been created to support the project, featuring video explainers and resources for consumer protection [6] Company Background - Gray Media, Inc. is the largest owner of top-rated local television stations in the U.S., reaching approximately 37% of television households [7] - The company operates in 113 television markets and has a diverse portfolio that includes digital marketing strategies and video production companies [7]
Gray Television(GTN) - 2025 H2 - Earnings Call Presentation
2025-08-24 23:30
For personal use only For personal use only For personal use only For personal use only (0.73%) CAGR 0.90% CAGR 0.78% CAGR 0.93% CAGR For personal use only For personal use only For personal use only For personal use only For personal use only For personal use only For personal use only | atn KPIs | FY25 | FY24 | %chg | | --- | --- | --- | --- | | Radio spots inventory ('000) (1) | 1,114 | 1,080 | 3.1% Spots | | Radio sell-out rate (%) (2) | 56% | 60% | (4%) Sell-out | | Average radio spot rate (AUD) (3) | ...
X @The Wall Street Journal
After cutting short a previous agreement, Major League Baseball and ESPN are closing in on a new agreement worth around $1.65 billion to carry games for three years https://t.co/Bd57Mh65ch ...
Gray Media to Produce and Air Tomorrow's New Orleans Saints Preseason Game in End-to-End Native HDR via NEXTGEN TV
Globenewswire· 2025-08-22 18:30
Core Achievements - Gray Media has achieved two historic milestones in broadcasting using the ATSC 3.0 (NEXTGEN TV) format [1] HDR Broadcasts - Gray's Tupelo Media Group will produce and WVUE FOX8 will broadcast the New Orleans Saints preseason game in native High Dynamic Range (HDR), marking the first over-the-air broadcast in the U.S. of programming produced in native HDR [2] - This broadcast will enhance viewer experience by providing improved contrast between the brightest and darkest colors on the screen, showcasing the benefits of NEXTGEN TV [2][4] Network Upgrades - Gray Media is the first broadcast group to upconvert to HDR across all Big Four Networks, completing this upgrade in time for the college and professional football seasons [3] - This upgrade aims to ensure a first-in-class viewing experience for viewers of Gray's affiliated NEXTGEN TV stations [3] Company Overview - Gray Media, Inc. is the largest owner of top-rated local television stations in the U.S., serving 113 television markets and reaching approximately 37% of U.S. television households [5] - The company operates 78 markets with the top-rated television station and 99 markets with the first and/or second highest-rated television station during 2024, along with the largest Telemundo Affiliate group [5]
Tanger Outlets(SKT) - 2025 H2 - Earnings Call Transcript
2025-08-22 00:00
Financial Data and Key Metrics Changes - Revenue is at the lower end of guidance, reflecting a tough economic climate and delays in planned initiatives due to satellite migration [21] - EBITDA is in the middle of guidance, partly offset by strong cost management [21] - Net profit after tax is down due to higher depreciation from elevated CapEx and new products [21] - Free cash flow increased by 4.6% year on year to $24.8 million [22] - Total dividends distributed increased by 21% year on year to $30 million [30] Business Line Data and Key Metrics Changes - Sky4Now, broadband, and advertising contributed over $22 million in revenue, but Skybox revenue declined due to customer churn and service interruptions [6][7] - Skybox now accounts for 62% of revenue, down from 78% five years ago, indicating increased revenue diversity [7] - Sky Sports Now saw a 20% increase in monthly subscribers and a 16% revenue growth for the year [15] - Neon performance remained steady, with advertising revenue growing by 7% [16][17] Market Data and Key Metrics Changes - The linear TV market has been declining at a 5.8% CAGR since 2019, while digital video growth is at 17% CAGR [18] - Sky has secured a significant share in the linear market and a strong stake in the fast-growing digital ad space through the Sky Free acquisition [18] Company Strategy and Development Direction - The company aims to enhance its multi-platform approach and strengthen its content bundle through strategic partnerships [8][10] - Focus on reducing reliance on output deals and moving towards a more responsive content strategy [11] - Integration of Sky Free is a key priority, with expectations of positive free cash flow impact in FY 2026 [34][39] Management's Comments on Operating Environment and Future Outlook - Management acknowledges ongoing economic challenges but remains optimistic about customer engagement and revenue growth opportunities [37][40] - The company plans to reinvest in marketing and customer experience to lay the groundwork for future growth [38][40] - Management is focused on achieving margin growth while navigating the current economic landscape [76] Other Important Information - The company has completed the satellite migration and secured the renewal of New Zealand Rugby rights from 2026 to 2030 [3][4] - The acquisition of Discovery New Zealand, now called Sky Free, is expected to enhance the company's market position [3][34] Q&A Session Summary Question: What is the expected payout ratio for FY 2026? - Management acknowledges the payout ratio will be at the top of the range for FY 2026 and will consider future guidance as they approach FY 2027 [43][44] Question: What is driving the reduction in programming costs for FY 2026? - The reduction is attributed to fewer one-off events compared to previous years, such as the Olympics, and a focus on entertainment spend [45][46][47] Question: How is trading going in the first months of FY 2026? - The first month has gone well, with improved churn levels as customers transition to the new Sky experience [49][50] Question: What are the main reasons for customer churn? - Price sensitivity is the primary reason for churn, as customers are facing economic pressures [82] Question: What is the impression of the Sky Free acquisition so far? - Management expresses excitement about the opportunities presented by the acquisition, reporting all positive insights [86][87]
Tanger Outlets(SKT) - 2025 H2 - Earnings Call Presentation
2025-08-21 23:00
Financial Performance - Adjusted revenue decreased by 1.5% to $755.1 million, compared to $766.7 million in FY24[8] - Adjusted NPAT decreased by 16.5% to $41.1 million, compared to $49.2 million in FY24[8] - Adjusted EBITDA decreased by 3.0% to $148.5 million, compared to $153.0 million in FY24[8] - Free cash flow increased by 4.6% to $24.8 million, compared to $23.7 million in FY24[8] - The dividend increased by 15.8% to 22.0 cents per share, compared to 19.0 cents per share in FY24[8] - Capex decreased by 16.8% to $65.2 million, compared to $78.4 million in FY24 (excluding Satellite Migration Capex)[8] Operational Performance - Sky Box and Sky Pod disconnections improved by 8.5%[37] - Sky Broadband customer growth increased by 43%[65] - Sky Sport Now revenue increased by 16%[49] - Advertising revenue increased by 7%, with digital revenue reaching $5.1 million, accounting for 9% of total advertising revenue[56,57]
TEGNA Names Brent Denny President and General Manager at WTHR in Indianapolis
Globenewswire· 2025-08-21 18:00
Core Insights - TEGNA Inc. has appointed Brent Denny as president and general manager of WTHR and WALV in Indianapolis, effective immediately, with a focus on financial performance and business strategy [1][9] Group 1: Leadership and Experience - Brent Denny brings over 30 years of broadcast experience, having spent the last 11 years at WTHR/WALV in various senior roles, most recently as director of sales, where he significantly contributed to revenue growth and advertiser relationships [2] - Prior to his tenure at WTHR/WALV, Denny held multiple leadership positions at WISH-TV/WNDY in Indianapolis for over eight years, focusing on strategy, planning, forecasting, and budgeting [3] Group 2: Community and Vision - Larry Delia, senior vice president at TEGNA, praised Denny's talent and ability to foster collaboration and community relationships, expressing confidence in his leadership at WTHR/WALV [4] - Denny expressed his commitment to maintaining the legacy of WTHR/WALV as a news leader in Indianapolis while exploring new ways to serve the community [4] Group 3: Company Overview - TEGNA Inc. operates 64 television stations across 51 U.S. markets, reaching over 100 million people monthly through various platforms, emphasizing its role in providing trusted local news and services [5]
FOX ONE NOW AVAILABLE TO STREAM ACROSS WEB, MOBILE AND CONNECTED TV DEVICES
Prnewswire· 2025-08-21 13:00
Core Insights - FOX One is a new streaming service priced at $19.99/month or $199.99/year, targeting over 65 million U.S. households outside traditional cable bundles [1][2] - The platform aims to provide a personalized viewing experience with live programming, news, sports, and entertainment, leveraging advanced technology and AI integrations [3][6][7] Pricing and Bundling Options - FOX One offers a 7-day free trial and the option to bundle with B1G+ or FOX Nation for added value [1][11] - Starting October 2, customers can bundle FOX One with ESPN DTC Unlimited for $39.99/month, providing access to a wide range of ESPN content [12] Technological Advancements - The platform builds on FOX's successful live-streaming technology, exemplified by the Super Bowl LIX broadcast, which reached 15.5 million peak concurrent viewers [5] - FOX One incorporates AI for personalized content delivery, enhanced search capabilities, and user-friendly features [6][16] Content Offerings - FOX One features a robust lineup of live sports, news, and entertainment, including 24/7 access to FOX News and major sporting events [8][9] - The service includes a variety of programming from FOX's extensive portfolio, catering to diverse audience interests [15] Accessibility and User Experience - FOX One is available on multiple platforms, including mobile, web, and connected TVs, ensuring ease of access for users [10] - The platform allows users to record live content without storage limits and offers features to catch up on missed highlights [8][10] Marketing Strategy - The launch campaign emphasizes FOX's strength in live programming and targets cord-cutters through digital-first strategies [14]
ESPN launching new full-featured streaming service today
CNBC Television· 2025-08-21 11:09
ESPN launching its uh new direct to consumer streaming service today. It's the first time the network will deliver its full slate of programming outside of the bounds of traditional pay TV. The service is much uh more fullfeatured than ESPN uh plus.Uh, and at $30 a month will feature content from the NFL, NBA, college football, and other sports. One highlight, AI narration will allow users to get personalized versions of Sports Center in the voices of uh, ESPN anchor, something that we saw initially with Al ...
Nexstar And Tegna Announce Merger Plan: What To Look For Next
Forbes· 2025-08-20 21:10
Core Viewpoint - Nexstar Media Group announced the acquisition of Tegna, Inc. for $6.2 billion, marking a significant development in the media merger landscape [3]. Group 1: Acquisition Details - Nexstar is already the largest owner of broadcast television stations in the U.S. and aims to enhance its scale and revenue through this acquisition [3][6]. - The deal is expected to generate approximately $300 million in synergies, primarily through cost-cutting measures [6]. - Tegna's corporate journey has been tumultuous, having been spun off from Gannett in 2015 and facing a failed merger attempt with Standard General in 2022 [5]. Group 2: Regulatory Considerations - The acquisition may exceed the existing nationwide cap on the percentage of U.S. households that one TV station ownership group can reach, raising potential regulatory challenges [7]. - The broadcasting industry has long sought to lift this cap, but significant legal and regulatory hurdles remain, particularly in the context of the current political landscape [8]. Group 3: Market Dynamics - The regional sports network (RSN) market has been struggling, leading to gains for local broadcasters as teams shift their broadcasts to local stations [10][11]. - Local broadcasters have seen significant increases in ratings and engagement as teams like the Phoenix Suns and Florida Panthers move away from RSNs [11]. - The competition for local sports rights is expected to intensify, potentially benefiting broadcasters as they seek reliable content to attract viewers [12]. Group 4: Network and Affiliate Relationships - The relationship between major networks and local affiliates is evolving, with networks increasingly requiring affiliates to contribute to the costs of national sports rights [13][14]. - There is a risk that powerful entities like Nexstar may resist paying affiliate fees, prompting networks to explore direct partnerships with local cable operators [14].