Welcome to our dedicated page for Mediaco Hldg news (Ticker: MDIA), a resource for investors and traders seeking the latest updates and insights on Mediaco Hldg stock.
MediaCo Holding Inc. operates a multicultural media platform spanning audio, video, digital and FAST distribution. Its recurring news centers on the EstrellaTV Spanish-language network, HOT 97, WBLS, Sigma Audio Networks and other radio brands, with updates on audience ratings, programming, syndication, affiliate and distribution expansion, advertiser-focused sales channels and live or sponsored content.
Company announcements also cover quarterly financial results, digital advertising mix, the integration of Estrella Media assets acquired in April 2024, and organizational changes that support its television, radio, streaming and digital operations.
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MediaCo Holding Inc. (NASDAQ: MDIA) is partnering with the WOE Podcast Network to launch two new podcasts, Savageland and 2 Chicks With An Attitude, on March 1 and March 3, 2023. This partnership aims to amplify Black voices and provide a platform for relevant discussions among Black women. The podcasts will tackle various topics, from modern dating to sexual freedom. This initiative aligns with MediaCo's mission to connect with culture and nurture new talent, showcasing a commitment to inclusivity in media.
MediaCo Holding Inc. (NASDAQ: MDIA) announced a new share repurchase program, authorizing up to $2 million for buybacks of its Class A Common Stock. The initiative aims to enhance shareholder value and is effective immediately. Purchases may occur in the open market or through negotiated transactions, with no specific price targets set. The program may be adjusted or suspended at the company's discretion, financed through available working capital. MediaCo primarily generates revenue from advertising and operates two notable radio stations in New York City.
MediaCo Holding Inc. (NASDAQ: MDIA) has appointed Rahsan-Rahsan Lindsay as CEO, effective July 1, 2021. Lindsay, who has over 20 years of experience in media and advertising, previously served as Executive Vice President at Urban One, where he oversaw key initiatives. His strategic focus will drive the expansion of MediaCo's radio and outdoor divisions, alongside enhancing its digital business. The company also announced the promotion of Bradford Tobin as President and COO, who will manage business operations and innovation.