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Fox Corporation Acquires Caliente TV in Mexico
Prnewswire· 2025-06-19 14:00
Core Viewpoint - Fox Corporation has acquired Caliente TV, a leading sports broadcasting platform in Mexico, to enhance its sports streaming business and expand its audience reach in Latin America [1][2]. Company Strategy - The acquisition aims to build a multi-platform business that includes launching a new Pay TV channel and an SVOD platform, alongside the existing AVOD platform Tubi, producing and distributing over 3,000 hours of original sports content [3]. - Carlos Martinez has been appointed as Executive Vice President and Managing Director for Latin America, overseeing the overall FOX broadcast strategy and the transition of Caliente TV [1][3]. Sports Rights Portfolio - Following the acquisition, FOX will hold a broad portfolio of premium broadcast rights, including: - Six Liga MX Men's Clubs - Ten Liga MX Women's Clubs - CONCACAF Champions Cup - Premier League and FA Cup - UEFA Champions League - Ligue 1 France - Coppa Italia - United Football League (UFL) - Big Ten Conference - World Enduro Championship (WEC), NASCAR Mexico Series, and other motorsports international rights [5]. Employment Impact - The new FOX platforms in Mexico and Central America are expected to create over 350 jobs, both directly and indirectly [3].
Gray Media Names David Hughes as General Manager of WFSB in Hartford, Connecticut
Globenewswire· 2025-06-16 16:00
ATLANTA, June 16, 2025 (GLOBE NEWSWIRE) -- Gray Media has named David Hughes as the next General Manager of WFSB, the CBS affiliate in Hartford, Connecticut. He succeeds Dana Neves, who recently became a Senior Managing Vice President at Gray. David joins the WFSB team effective July 9, 2025. David has served as General Manager of Gray’s WOIO (CBS) and WUAB (CW) in Cleveland, Ohio since June 2023. During his time in Cleveland, he was instrumental in establishing a partnership with the Cleveland Cavaliers ...
Are Investors Undervaluing Saga Communications (SGA) Right Now?
ZACKS· 2025-06-16 14:41
Core Viewpoint - The article highlights the importance of value investing and identifies Saga Communications (SGA) as a strong value stock based on its financial metrics and Zacks Rank [4][6]. Company Metrics - Saga Communications (SGA) holds a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential for value investors [4]. - The current P/E ratio of SGA is 21.27, significantly lower than the industry average P/E of 30.04, suggesting that SGA may be undervalued [4]. - Over the past 52 weeks, SGA's Forward P/E has fluctuated between a high of 99.23 and a low of 8.80, with a median of 25.54 [4]. Cash Flow Analysis - SGA has a P/CF ratio of 8.72, which is attractive compared to the industry's average P/CF of 19.51, indicating a favorable cash outlook [5]. - In the past 12 months, SGA's P/CF has ranged from a high of 9.13 to a low of 6.75, with a median of 8.13 [5]. Investment Outlook - The combination of SGA's strong earnings outlook and favorable valuation metrics positions it as an impressive value stock at the moment [6].
TEGNA Announces Major Local News Expansion: Adding More than 100 Hours of New Daily Programming Across 50+ Markets
Globenewswire· 2025-06-16 11:30
Core Viewpoint - TEGNA Inc. is expanding its local news programming by launching live and on-demand newscasts from 7 to 9 a.m. daily in over 50 markets to meet the growing demand for local coverage on connected TV platforms [1][2][3] Group 1: Expansion of Local News Programming - The expansion will deliver over 100 hours of daily breaking news, weather, and traffic to more than 100 million viewers [2] - Stations in 35 markets will actively deliver live, local programming from 7 to 9 a.m. this summer, with over 50 markets expected to have this programming in the fall [4] Group 2: Audience Engagement and Advertiser Opportunities - The new programming allows audiences to watch live news produced by their trusted stations during a time when local coverage has been largely unavailable, enhancing viewer experience [3] - The content expansion is expected to create new opportunities for advertisers to reach audiences regardless of their viewing preferences [3] Group 3: Testing and Viewership Growth - TEGNA stations began testing the live digital news stream in the 7 a.m. time slot earlier this year, with some markets experiencing nearly a 50% month-over-month increase in viewership during severe weather or breaking news [3] Group 4: Accessing the New Programming - Viewers can access the local morning livestreams from 7-9 a.m. through the TEGNA station Plus app on various streaming devices or directly from local station websites [5] Group 5: Company Overview - TEGNA Inc. operates 64 television stations in 51 U.S. markets, reaching over 100 million people monthly across various platforms [6]
5 Solid Dividend Stocks With Rising Payouts for Safe Income
ZACKS· 2025-06-12 15:50
Core Insights - Wall Street has rebounded from early April lows and is near record highs, driven by optimism in U.S.-China trade negotiations, easing inflation, and strong corporate earnings, although uncertainty regarding Trump's policies remains [2]. Dividend Investing - Investors are increasingly turning to dividend investing for stable returns, as dividends provide consistent income and can mitigate portfolio volatility during uncertain market conditions [3]. - Stocks with a history of dividend growth are preferred, as they belong to mature companies that are less volatile and offer downside protection through consistent payout increases [5]. Selected Dividend Growth Stocks - Five dividend growth stocks identified as compelling investment options are Intuit Inc. (INTU), Fox Corporation (FOX), Qifu Technology Inc. (QFIN), UGI Corporation (UGI), and Ingredion Incorporated (INGR) [4][10]. - These stocks exhibit consistent dividend growth and strong long-term earnings potential, with positive earnings estimate revisions and solid expected earnings growth for the current fiscal year [10]. Stock Selection Criteria - Criteria for selecting dividend growth stocks include: - 5-Year Historical Dividend Growth greater than zero, indicating a solid dividend growth history [7]. - 5-Year Historical Sales Growth greater than zero, reflecting strong revenue growth [8]. - 5-Year Historical EPS Growth greater than zero, showing solid earnings growth history [8]. - Next 3-5 Year EPS Growth Rate greater than zero, indicating expected earnings growth [8]. - Price/Cash Flow less than M-Industry, suggesting undervaluation [9]. - 52-Week Price Change greater than S&P 500, ensuring better performance than the broader market [9]. Company Profiles - **Intuit Inc. (INTU)**: A business and financial software company with an expected earnings growth rate of 18.4% and a Zacks Rank 1 [11]. - **Fox Corporation (FOX)**: A media company with an expected earnings growth rate of 32.4% and a Zacks Rank 2 [13]. - **Qifu Technology Inc. (QFIN)**: A Credit-Tech platform in China with an expected earnings growth rate of 25.3% and a Zacks Rank 2 [14]. - **UGI Corporation (UGI)**: An energy products distributor with an estimated growth rate of 2.29% and a Zacks Rank 2 [16]. - **Ingredion Incorporated (INGR)**: An ingredients solutions provider with an estimated earnings growth rate of 5.2% and a Zacks Rank 2 [17].
Is Fox (FOXA) Stock Undervalued Right Now?
ZACKS· 2025-06-11 14:40
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...
Gray Media Names Shalayna Valencia as General Manager of KOSA in Odessa, Texas
Globenewswire· 2025-06-10 17:00
Company Overview - Gray Media, Inc. is a multimedia company headquartered in Atlanta, Georgia, and is the largest owner of top-rated local television stations and digital assets in the United States [5] - The company serves 113 television markets, reaching approximately 37 percent of US television households, with 78 markets having the top-rated television station [5] - Gray Media also owns Gray Digital Media, which provides digital marketing strategies and services, and has additional media properties including video production companies and studio facilities [5] Leadership Appointment - Shalayna Valencia has been appointed as the General Manager and Director of Sales for KOSA, the CBS affiliate in Odessa, Texas [1] - She is recognized for her creativity, strategic thinking, and commitment to team development, with a career that includes roles such as Market President at Townsquare Media and Digital Sales Director at Hearst [3][4] - With over two decades of experience, Shalayna has a proven track record in driving growth and leading high-performing teams [4]
美洲媒体电视收视率追踪:截至2025年6月8日的L3数据
Goldman Sachs· 2025-06-10 02:50
9 June 2025 | 3:53PM EDT Americas Media TV Viewership Tracker: L3 through week ending June 8th, 2025 We refresh our Nielsen TV ratings tracker for our US Media coverage (DIS, CMCSA, PARA, WBD, FOXA) that includes traditional ACM (average commercial minute) prime time and total day ratings across broadcast and cable. This edition focuses on the C3 cable and broadcast ratings through week ending May 25th, 2025 (14 day delay), and L3 cable ratings through week ending June 8th, 2025. Prime time commercial ratin ...
Warner Bros. Discover Is Splitting Up: What It Means for You
CNET· 2025-06-09 15:59
Core Points - Warner Bros. Discovery is splitting into two separate public companies: Streaming & Studios and Global Networks [2][4] - Streaming & Studios will encompass HBO Max, Warner Bros. movies, gaming, and DC properties, while Global Networks will include Discovery Plus, CNN, Bleacher Report, and TNT Sports [3] - The split is expected to be completed by 2026, following the merger that occurred in 2022 [4] Company Impact - The split may create confusion among streaming customers due to the generic nature of the new company names [2] - There is uncertainty regarding whether the split will affect consumer access to content on existing subscriptions, such as HBO Max [4] - Current services are not anticipated to undergo major changes, with a focus on shareholder value and new ventures rather than customer impact [5]
Gray Media: Deep Value With Headcount Growth, And Debt Repurchases
Seeking Alpha· 2025-06-06 01:13
Group 1 - Gray Media, Inc. (NYSE: GTN) reports a substantial headcount increase and significant investments in new TV stations [1] - The company is expected to benefit from a potential decrease in taxes [1] - The analysis focuses on cash flow statements and unlevered free cash flow figures, with an emphasis on historical financial performance [1] Group 2 - The article discusses the importance of financial models that include various financial figures such as cost of capital, cost of debt, WACC, share count, and net debt [1] - The analysis typically does not cover growth stocks, focusing instead on companies with a long history of financial reporting [1] - Trading multiples studied include EV/FCF, net income, and EV/EBITDA [1]