Tag: media

Versant Raises 2026 Outlook as Platforms Business and Advertising Drive Earnings Beat

Versant Media raised its full-year 2026 guidance after a Q2 earnings beat driven by growth in its platforms segment and stronger advertising revenue.

FCC Scraps 39% Local TV Ownership Cap, Shifting to Case-by-Case Reviews

The FCC voted 2-1 to scrap the 39% national TV ownership cap in favor of case-by-case reviews, a move a dissenting commissioner called illegal.

Fox Beats Fourth-Quarter Estimates as World Cup Advertising Drives Record Revenue

Fox Corp. reported record fourth-quarter revenue driven by a surge in FIFA World Cup advertising, beating Wall Street estimates and lifting its shares.

UK Clears Paramount’s $81 Billion Warner Bros. Discovery Takeover, Clearing Major Hurdle

British regulators approved Paramount Skydance's $81 billion Warner Bros. Discovery takeover after binding commitments, though U.S. approval remains pendin

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