Core Insights - MediaCo Holding Inc. has appointed Albert Rodriguez to its Board of Directors, recognizing his contributions and alignment with the company's growth strategy [1][2] - Rodriguez has over 25 years of experience in the media industry and previously served as Chief Revenue Officer at MediaCo [2] - MediaCo is focused on serving multicultural audiences across the U.S. through its diverse media platforms [3] Company Overview - MediaCo Holding Inc. operates as a multi-platform media company, reaching over 20 million people monthly through brands like Hot 97 and WBLS [3] - The company emphasizes innovative and culturally relevant content across music, news, and entertainment [3] - MediaCo's headquarters is located in New York, and it employs approximately 330 people [5] Recent Developments - MediaCo reported a year-to-date net revenue of $94.7 million for the third quarter ended September 30, 2025, marking a 51% increase from the previous year [5] - The increase in revenue is attributed to new assets from the April 2024 Estrella Acquisition [5] - The company also announced record audience growth for EstrellaTV in October 2025, achieving its largest monthly prime-time gain among Adults 18-49 since Nielsen measurement began in March 2010 [7]

Core Viewpoint - Nexstar Media Group is seeking approval from the Federal Communications Commission (FCC) for the acquisition of TEGNA Inc., emphasizing the importance of this acquisition for local television and journalism [1][2]. Group 1: Acquisition Details - Nexstar has filed applications with the FCC to transfer TEGNA's broadcast licenses, arguing that waiving certain ownership rules would serve the public interest [1]. - The company believes that current television ownership regulations are outdated and do not reflect the competitive media landscape [2]. Group 2: Commitment to Local Journalism - Nexstar asserts its commitment to local communities by producing over 300,000 hours of news and local programming annually [4]. - The company positions itself as a reliable source of information, contrasting its journalism with disinformation prevalent in the media landscape [5]. Group 3: Competitive Landscape - Nexstar's acquisition of TEGNA is seen as a strategic move to enhance its scale and competitiveness against legacy media and Big Tech [6]. - The company aims to continue investing in high-quality journalism and local news to better serve communities [6]. Group 4: Company Overview - Nexstar Media Group is a leading diversified media company, producing and distributing local and national news, sports, and entertainment content across various platforms [6]. - The company operates over 200 owned or partner stations, reaching approximately 220 million people in 116 U.S. markets [6].

Financial Performance - The Walt Disney Company reported Q4 revenues of $22.5 billion, comparable to Q4 fiscal 2024, and a full year revenue increase of 3% to $94.4 billion from $91.4 billion [4][10] - Income before income taxes for Q4 increased to $2.0 billion from $0.9 billion in Q4 fiscal 2024, and for the year, it rose to $12.0 billion from $7.6 billion [4][10] - Diluted EPS for Q4 increased to $0.73 from $0.25 in Q4 fiscal 2024, while adjusted EPS decreased 3% for Q4 to $1.11 from $1.14 [4][10] Segment Performance - Total segment operating income decreased 5% for Q4 to $3.5 billion from $3.7 billion in Q4 fiscal 2024, but increased 12% for the year to $17.6 billion from $15.6 billion [4][10] - The Entertainment segment saw a full year operating income increase of 19% to $4.7 billion, but Q4 operating income decreased by $376 million to $691 million [4][10] - Direct-to-Consumer revenue increased 8% in Q4, with operating income rising by $99 million to $352 million [4][10] Subscriber Metrics - At the end of Q4, Disney+ and Hulu subscriptions reached 196 million, an increase of 12.4 million from Q3 fiscal 2025, with Disney+ subscribers increasing by 3.8 million [4][10] - Domestic Disney+ average monthly revenue per paid subscriber remained stable at $8.09, while international revenue per subscriber increased from $7.67 to $8.00 [21][22] Cash Flow and Investments - Cash provided by operations increased to $18.1 billion from $14.0 billion, with free cash flow rising to $10.1 billion from $8.6 billion [40][41] - Capital expenditures increased to $8.0 billion from $5.4 billion, driven by higher spending on cruise ship fleet expansion and new theme park attractions [43] Future Guidance - For fiscal year 2026, the company anticipates double-digit percentage segment operating income growth compared to fiscal 2025, with adjusted EPS also expected to grow by double digits [6][8] - The Board declared a cash dividend of $1.50 per share, payable in two installments [6][8]

Core Points - NBCUniversal has renewed its exclusive audio partnership with iHeartMedia for the Milan Cortina 2026 Olympic Winter Games, scheduled from February 6 to February 22, 2026 [1][6] - iHeartRadio will provide 24/7 audio coverage of NBCUniversal's linear programming, including play-by-play channels and original podcasts [1][2] - The partnership aims to enhance audience engagement by delivering Olympic content through various iHeart platforms, including popular podcasts [2][4] NBCUniversal and iHeartMedia Collaboration - The collaboration includes the return of the original iHeartPodcast "Two Guys, Five Rings," hosted by Bowen Yang and Matt Rogers, with weekly episodes launching in early January 2026 [3][4] - iHeartMedia will produce Olympic-themed episodes for its popular podcasts, expanding the reach of Olympic content beyond traditional media [4] Coverage and Content Focus - NBCUniversal's audio coverage will focus on key events such as U.S. team ice hockey, figure skating, speed skating, skiing, and snowboarding, emphasizing Team USA's participation [2][3] - The partnership is expected to deepen the connection between audiences and athletes, showcasing inspiring stories from the Winter Games [3] Historical Context of the Games - The 2026 Olympic Winter Games will take place across multiple venues in northern Italy, marking the second time Cortina has hosted the Olympics and the fourth time Italy has hosted overall [5][6] - NBCUniversal holds the U.S. media rights to the Olympic Games through 2036, covering multiple upcoming Olympic events [7]

Core Points - FuboTV Inc. announced the granting of restricted stock unit awards to 12 new employees as an inducement to join the company, covering a total of 74,320 shares [1] - The awards are part of Fubo's 2025 Employment Inducement Equity Incentive Plan and will vest annually over a four-year period, contingent on continued employment [1] - Fubo aims to aggregate premium sports, news, and entertainment content through a single app, operating in the U.S., Canada, Spain, and France [2][3] Company Overview - FuboTV is recognized as a leading sports-first live TV streaming platform, offering over 400 live sports, news, and entertainment networks [3] - The company is the only live TV streaming platform that includes every English-language Nielsen-rated sports channel [3] - Fubo has pioneered features such as 4K streaming, MultiView, and personalized game alerts, enhancing the live TV streaming experience [3] Recent Developments - Fubo is set to launch a new service called Fubo Sports on September 2, 2025, which will provide a focused sports option at a lower price, featuring over 20 sports and broadcast networks [8] - Fubo's shareholders have approved a business combination with Hulu + Live TV, a transaction that is still subject to regulatory approval [7]