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Young Mets fan’s emotional reaction after being given chance to call the game
NBC News· 2025-07-26 18:00
But he does see me and I'm walking down. >> If a child saw his dreams come true. >> Hey, Antonio.What's up, man. That's your name. >> He knows my name.>> I do know your name. You want to know why. >> It might look something like this.>> Would you like to be the kid cer with Gary, Keith, and Ron on July 22nd. >> I would love to. >> Really. >> Really.Absolutely. >> The heartmelting moment landing 12-year-old Antonio Vanetsiano from Beth Page, New York in the booth with a trio of Mets legends. >> Your tape.>> ...
FCC approves Paramount-Skydance merger
CNBC Television· 2025-07-24 22:13
All right, we've got some breaking news we want to get to on the Paramount Sky Dance merger. Julia Borson's got the latest. Julia, >> Melissa, big news here.The FCC has granted the approvals necessary to clear the Paramount Sky Dance merger. Um, this is an 8 billion merger of Paramount Global with Sky Dance Media. This includes the transfer of 28 CBS owned local TV stations to the Skyanceled group.Now, a couple of key things here. This comes after Skyance's Sky Dance made a commitment uh to have its uh to e ...
Urban One, Inc. Second Quarter 2025 Results Conference Call
Prnewswire· 2025-07-24 13:00
Company Overview - Urban One, Inc. is the largest diversified media company targeting Black Americans and urban consumers in the United States [4] - The company owns TV One, LLC, which serves over 35 million households with a variety of original programming, classic series, and movies [4] - As of June 30, 2025, Urban One operates 72 independently formatted broadcast stations, including 57 FM or AM stations, 13 HD stations, and 2 low power television stations across 13 urban markets [4] - Urban One also has a controlling interest in Reach Media, Inc., which operates syndicated programming such as the Rickey Smiley Morning Show and the DL Hughley Show [4] - The company owns iOne Digital, a digital platform serving the African American community through various social content, news, and entertainment websites [4] Upcoming Events - Urban One will hold a conference call on August 19, 2025, at 10:00 a.m. EDT to discuss its second fiscal quarter results [1] - U.S. callers can participate by dialing +1-888-596-4144, while international callers can dial +1-646-968-2525, using Access Code 3660282 [1] - A replay of the conference call will be available from August 19, 2025, at 2:00 p.m. EDT until August 26, 2025, at 11:59 p.m. EDT [2]
Sky Network Television (SKT) Earnings Call Presentation
2025-07-21 22:00
Acquisition Overview - Sky New Zealand will acquire 100% of Discovery NZ from Warner Bros Discovery for $1 on a cash-free, debt-free basis[2] - The acquisition is expected to be completed on August 1, 2025[2] Strategic Benefits for Sky - The acquisition is expected to deliver approximately $95 million in annualised revenue uplift, with about 25% from digital sources[5] - Sky's combined total linear television advertising revenue share is expected to grow to approximately 35%[5] - Sky's total digital television advertising revenue share is expected to grow to approximately 24%[5] - Sky anticipates achieving sustainable EBITDA growth of at least $10 million from FY28[5, 7] Discovery NZ Assets - Discovery NZ owns and operates the ThreeNow BVOD streaming platform and the free-to-air linear channel Three[3, 5] Integration and Financials - Net integration costs for Sky are expected to be approximately $6.5 million[8] - Sky remains confident in achieving its 30cps dividend target for FY26[9]
X @The Wall Street Journal
The Wall Street Journal· 2025-07-20 03:00
CBS's decision to pull the plug on “The Late Show” makes it the biggest casualty yet among late-night talk shows contending with cord-cutting, changing tastes among younger viewers and declining ad revenue.🔗: https://t.co/xJXFk17WKo https://t.co/ED89OZak61 ...
Gray Announces Revolving Credit Facility increase to $750 million and extension to 2028
GlobeNewswire· 2025-07-18 20:31
Core Insights - Gray Media, Inc. has increased its revolving credit facility commitments by $50 million, bringing the total to $750 million, and extended the maturity date to December 1, 2028 [1][2] - The company has $700 million of undrawn availability under the revolving credit facility after repaying $402.5 million of its term loan F with proceeds from a $900 million offering of senior secured second lien notes [2] - Gray Media is the largest owner of local television stations in the U.S., reaching approximately 37% of U.S. television households, with a significant portfolio of top-rated stations [3] Financial Details - The company’s revolving credit facility now totals $750 million, with a maturity extension to December 1, 2028 [1] - Following the repayment of $402.5 million of Term Loan F, the outstanding balance is now $90 million [2] - The company has raised $900 million through the issuance of 9.625% senior secured second lien notes due 2032 [2] Company Overview - Gray Media, Inc. operates in 113 television markets and owns the largest Telemundo Affiliate group with 44 markets [3] - The company also includes Gray Digital Media, which provides advanced digital marketing strategies [3] - Additional media properties include video production companies and studio production facilities [3]
Cuts to public broadcasting could shutter local stations by the end of the year, NPR CEO says
NBC News· 2025-07-18 20:15
If you're uh the general manager of a rural station in Iowa or Idaho, how quickly are you going to have to deal with these cuts. And how quickly could you be forced to make tough decisions. Stations are already dealing with these cuts.We've seen layoffs of journalists, local journalists. Indiana recently cut all funding, all state funding for their local public radio stations. The entire Indiana's state newshouse team or sorry, state house news team is now gone.We've seen Florida just cut its state funding ...
For Netflix, TF1 Deal Is An “Opportunity To Learn” And Use New Livestreaming & Ad Tech, Co-CEO Greg Peters Says
Deadline· 2025-07-17 22:10
Netflix‘s deal with TF1, announced last month at Cannes Lions, will give both companies “an opportunity to learn,” the streamer’s co-CEO, Greg Peters, said Thursday on the company’s quarterly earnings call. The milestone teaming, which will see the French broadcaster’s programming offered within the Netflix app in France starting next summer, will also be a way for Netflix to put new technology to use. “We’ve invested a lot in a bunch of enabling capabilities that are either required or highly leveraged by ...
NPR CEO warns public broadcasting cuts will cause ‘stations to go dark’ as soon as next quarter
NBC News· 2025-07-17 21:30
As soon as tonight, the House is expected to vote on a bill that would claw back about $9 billion in previously approved funding. It comes over uh the Senate, as the Senate passed those spending cuts overnight, I should say, which needs to be signed by the president by tomorrow night for the proposed cuts to go into effect. The cuts known as recisions passed the Senate mostly on party lines with Republican senators Marowski of Alaska and Collins of Maine signing with the Democrats.The bill claws back $8 bil ...
Apple is poised to win the rights to stream F1 racing in the US
Business Insider· 2025-07-11 20:00
Core Viewpoint - Apple is poised to secure the US streaming rights for Formula 1 races, with a bid of at least $150 million per year starting in 2026, outbidding ESPN, which currently holds the rights [1][2]. Group 1: Company Actions - Apple has already established streaming deals for professional baseball and all Major League Soccer games, indicating a growing portfolio in sports streaming [2]. - The company is not deterred by high spending in its media projects, reflecting a strategic focus on expanding its sports offerings [4][5]. Group 2: Industry Dynamics - Formula 1 has seen a surge in popularity in the US, with average race viewership increasing to approximately 1.3 million, more than double the figures from 2018 [3]. - ESPN, which previously paid around $85 million annually for F1 rights, has decided to allocate its resources elsewhere, indicating a shift in its sports programming strategy [4]. - Interest from other potential bidders for F1 rights has been reported as muted, with Netflix not aggressively pursuing the rights this time [4].