Together for Texas directly supports flood relief efforts in Texas through The Salvation Army ATLANTA, July 10, 2025 (GLOBE NEWSWIRE) -- In response to the devastating floods that swept through Central Texas and the Hill Country, Graham Media Group and Gray Media have joined forces to launch an urgent donation drive supporting local relief and recovery efforts. The July 4 floods uprooted families, destroyed homes, and left entire communities reeling. While recovery will take time, there is a critical need f ...

Gray Media (GTN) shares ended the last trading session 10.4% higher at $5.22. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 19.4% gain over the past four weeks.Gray Media is benefiting from rising momentum in local sports programming ads, expanding pipeline of high-profile projects and implementation of cost containment initiatives. It announced a $900 million private offering of 9.625% senior secured second lien ...

This stock is up 900% since 2023, and there is still more upside ahead.The start of the artificial intelligence (AI) boom lifted the broader stock market out of a slump in late 2022. It's been a mostly fun ride since then, and the reality is that AI is only getting started. Experts widely believe that AI technology will create trillions of dollars in economic value over the coming decades and make new industries possible, and that likely means wealth for those who own the right stocks.Thus far, Nvidia (NVDA ...

CALGARY, Alberta, June 26, 2025 (GLOBE NEWSWIRE) -- National Music Centre (NMC) is pleased to announce that TD Bank Group has renewed its support for amplifying Indigenous voices through NMC’s OHSOTO’KINO Indigenous Programming Initiative, with a $750,000 investment over the next three years. As part of the announcement, media and guests were treated to performances by traditional powwow and round dance artist Joel Wood—a 2022 OHSOTO’KINO Recording Bursary recipient who earned a 2023 JUNO Award nomination f ...

TEGNA veterans Carol Fowler and Julie Wolfe and former Univision executive Chris Peña join the company’s content leadership team Carol Fowler Carol Fowler has been named vice president of content for TEGNA stations in the Mid-South. Julie Wolfe Julie Wolfe has been named vice president of content for TEGNA stations in the West. Chris Peña Chris Peña has been named vice president of content for TEGNA stations in the Midwest. TYSONS, Va., June 23, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE: TGNA) t ...

Quantum computing is emerging as a popular new pocket of the artificial intelligence (AI) realm.Over the last year, a quantum-computing-themed fund called the Defiance Quantum ETF has rocketed by 41%. Among some of the biggest contributors to these gains are popular quantum computing stocks such as IonQ, whose shares have soared by 394% over the last year -- as well as Rigetti Computing and D-Wave Quantum, both of which have witnessed share price gains in excess of 1,000%.With such robust returns, these thr ...

Key Takeaways Boston Scientific's Neuromodulation segment posted 6.8% operational sales growth in Q1 2025. BSX saw strong gains from Intracept, Cartesia leads, and Lumina 3D within pain and brain therapies. Boston Scientific expects continued growth in 2025, aided by Relievant and Axonics acquisitions.Boston Scientific’s (BSX) Neuromodulation business develops and manufactures devices to treat various neurological movement disorders and manage chronic pain. This segment reflects the company’s long-term co ...

Tamer Hassan Sports.com Studios President Tamer Hassan LONDON, June 17, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: LTRY, LTRYW) (“Lottery.com” or “the Company”), a leading technology company transforming the intersection of gaming, sports and entertainment, today announced the appointment of internationally celebrated actor, producer, and entrepreneur Tamer Hassan as President of Sports.com Studios, its newly formed content division focused on film, docuseries, and original programming. A Direct ...

Summary of Key Points from the Conference Call Industry Overview - The conference focused on the media and sports industry, featuring 13 companies and discussions on regulatory changes, consolidation, and digital media trends [1][2] - Media consolidation remains a significant topic, with notable deals such as Amazon's acquisition of MGM for $8.5 billion and the Discovery and WarnerMedia merger [3] - The shift from traditional media to digital media continues, with American consumers spending approximately eight hours daily on digital platforms, which is double the time spent on traditional media [4] Company Focus: EW Scripps - EW Scripps is a diversified media enterprise with a strong presence in local television, operating 61 TV stations and reaching over 36% of U.S. TV households [9][10] - The company has undergone significant transformation, focusing on expanding its local TV footprint from 27 stations to over 60 in the past decade [14] - Scripps aims to enhance connections between audiences and brands, as well as between advertisers and audiences, to drive financial benefits for shareholders [15] Financial Performance and Capital Allocation - Scripps' primary capital allocation priority is debt reduction, with leverage decreasing from 6x in Q2 of the previous year to 4.9x in the most recent quarter [17][18] - The company has directed 99% of discretionary cash flow towards debt paydown since the ION acquisition in 2021 [18] - Recent refinancing efforts have limited the increase in average debt costs to less than one percentage point despite a challenging rate environment [19] Regulatory Environment and Consolidation - There is optimism regarding deregulation in the broadcast industry, which could facilitate consolidation and benefit local broadcasters [22] - Scripps supports changes to antiquated ownership rules, emphasizing the need for regulations to adapt to the current competitive landscape, including competition from big tech [23][24] - The company sees opportunities for asset swaps and selective sales to improve operational performance rather than being a major buyer in the M&A market [31] Advertising Trends - Local advertising comprises 70% of Scripps' core advertising revenue, with national businesses accounting for 30% [59] - The advertising environment is challenging, with local businesses showing resilience while sectors like automotive are struggling [60][61] - Political advertising is expected to grow, with Scripps positioned to capture a significant share of spending in upcoming elections [79] Sports Programming Strategy - Scripps has developed a national sports strategy leveraging its reach through ION, focusing on underrepresented leagues like the WNBA and NWSL [51][54] - The company has seen significant audience growth, with the Florida Panthers' ratings up 149% compared to the previous RSN model [56] - Scripps anticipates a shift in MLB rights negotiations, likely following a model that combines linear and streaming platforms [57] Connected TV and Future Opportunities - Scripps has reported a 42% increase in connected TV revenue, now exceeding $100 million, indicating a strong growth area [87] - The company is optimistic about the potential of ATSC 3.0 technology to transform local broadcasting, with plans for significant developments in the coming years [94][96] Conclusion - Scripps is focused on improving operational performance, reducing debt, and navigating regulatory changes to enhance its competitive position in the media landscape [44][45] - The company is well-positioned to capitalize on growth opportunities in sports programming and connected TV while adapting to the evolving advertising environment [78][87]

Core Viewpoint - Vertiqal Studios has successfully completed the acquisition of digital media assets from Offbeat Media Group, enhancing its position in the digital media landscape and expanding its reach among Gen Z and Millennial audiences [1][2][3] Acquisition Details - The final payment related to the acquisition of Offbeat Media Group was completed, marking the full satisfaction of payment obligations and demonstrating Vertiqal's reliability as an acquirer [1] - The acquisition has proven to be highly accretive, significantly increasing reach and monetization of Offbeat's assets through Vertiqal's operational infrastructure and data-driven optimization [2] Strategic Vision - Vertiqal aims to create a leading digital network for Gen Z and Millennial audiences by integrating culturally relevant media brands and advanced technologies for scalable content solutions [4] - The company is focused on a buy-and-build strategy, targeting acquisitions that enhance its media assets and technology capabilities [4] M&A Focus - Vertiqal is actively seeking new acquisition opportunities to expand its network of owned and operated digital properties and to incorporate innovative technology solutions, including proprietary AI tools [3][5] Integration and Growth - The integration of Offbeat's assets has been seamless, with a focus on personalized founder support and a proven strategy for driving revenue and audience growth [6] - Vertiqal's commitment to building the future of digital media is reflected in its approach to acquisitions and technology integration [6] Future Outlook - With the completion of the Offbeat acquisition, Vertiqal is positioned to pursue further acquisitions in digital media brands, content studios, technology providers, and AI solutions [9] Annual Meeting Results - The results of the annual and special meeting of shareholders showed strong support for the elected directors and the appointment of auditors, indicating shareholder confidence in the company's direction [10][11]