Profile
Sector:
Communication ServicesIndustry:
BroadcastingCountry:
United StatesIPO:
06 January 2020Website:
http://mediacoholding.comNext earnings report:
13 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 22:40:10 GMTDividend
Analysts recommendations
Institutional Ownership
MDIA Latest News
MediaCo's repositioning through the Estrella Media acquisition helps it diversify its revenue stream to include content distribution, digital streaming, and video-on-demand, in addition to spot advertising. The media industry remains fiercely competitive from new media sources like social networks, telecom companies, and streaming services. The revenue synergies are astounding as it more than doubled MediaCo's sales while assets have also increased significantly and there is potential for cost synergies too.
Purchasing stocks that have increased by over 200% in 2024 can be challenging. It is important to consider not going against the trend.
MediaCo Holding Inc. has purchased all of Estrella Media's network, content, digital, and commercial operations. Included in the acquisition are EstrellaTV network and its linear and digital video content business, as well as its digital channels. The deal was finalized on April 17, with the terms remaining undisclosed.
MediaCo (NASDAQ: MDIA ) stock is rising higher on Monday alongside heavy trading of the U.S. radio station company's shares. As of this writing, more than 8.4 million shares of MDIA stock have changed hands.
What type of business is MediaCo Holding?
MediaCo Holding Inc. owns and operates radio stations in the United States. The company engages in the operation of WQHT-FM and WBLS-FM radio stations in the New York City area. It also offers digital advertising, and events, which includes sponsorships, ticket sales, licensing, and syndication services. MediaCo Holding Inc. was incorporated in 2019 and is headquartered in New York, New York.
What sector is MediaCo Holding in?
MediaCo Holding is in the Communication Services sector
What industry is MediaCo Holding in?
MediaCo Holding is in the Broadcasting industry
What country is MediaCo Holding from?
MediaCo Holding is headquartered in United States
When did MediaCo Holding go public?
MediaCo Holding initial public offering (IPO) was on 06 January 2020
What is MediaCo Holding website?
https://mediacoholding.com
Is MediaCo Holding in the S&P 500?
No, MediaCo Holding is not included in the S&P 500 index
Is MediaCo Holding in the NASDAQ 100?
No, MediaCo Holding is not included in the NASDAQ 100 index
Is MediaCo Holding in the Dow Jones?
No, MediaCo Holding is not included in the Dow Jones index
When was MediaCo Holding the previous earnings report?
No data
When does MediaCo Holding earnings report?
The next expected earnings date for MediaCo Holding is 13 November 2024