Blog

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    ITV

    ITV’s full-year 2025 results tell the story of a broadcaster in managed decline on its traditional revenue lines but with genuine momentum on the digital side, a balance the company frames as transformation rather than contraction. Group total external revenue rose by a modest 1% to £3.51 billion, while total group revenue was flat at…

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    PRISA

    Spanish media and education group PRISA closed 2025 with broadly stable revenues but declining profitability, reflecting currency pressures, restructuring costs and the continued structural challenges facing the media sector. Group operating revenues reached €904 million in 2025, down slightly from €920 million in 2024 (–2%). Adjusted for exchange-rate effects, however, revenues actually increased by about 3%, highlighting the strong…

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    Sanoma Corporation

    Sanoma’s 2025 results illustrate a company navigating two very different markets at once: a mature national media business facing structural advertising pressure and a pan-European educational publishing division benefiting from rising margins and cyclical curriculum demand. Group net sales fell 3% to €1,302.5 million, with both operating segments declining modestly. The decrease reflects a combination of…

  • Auddia

    Auddia Inc., a small Colorado-based audio technology company, ended 2025 in a position that illustrates both the promise and the fragility of emerging platforms attempting to disrupt the digital audio ecosystem. The company reported another year of substantial losses, continued reliance on external financing, and a strategic shift in its core business model, all while…

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    Warner Bros. Discovery

    Warner Bros. Discovery entered 2025 facing the central dilemma of the modern media conglomerate: its traditional television business remains highly profitable but is shrinking quickly, while its long-term future increasingly depends on streaming and digital distribution. The company reported $37.3 billion in total revenue in 2025, down from $39.3 billion in 2024, reflecting continued contraction across the…

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    Entravision Communications Corporation

    Entravision Communications Corporation is the largest affiliate group of TelevisaUnivision’s Univision and UniMás television networks in the United States and one of the country’s largest operators of Spanish-language radio stations. Founded in 1996 and listed on the New York Stock Exchange under the ticker EVC, the Burbank, California-based company built its identity around a relatively…

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    TF1 Group

    TF1 Group’s full‑year results for 2025, published on 12 February 2026, capture a business at an inflection point. The headline numbers show resilience under pressure: consolidated revenue fell 2.5% to €2,297 million, yet on a like‑for‑like basis and at constant exchange rates the decline was just 0.8%. Adjusted for portfolio disposals, notably the sale of…

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    Reach

    Reach published its full‑year 2025 results on 3 March 2026. On an adjusted basis, the headline numbers showed a business holding its ground: adjusted operating profit rose 2.4% to £104.7 million, adjusted operating margin increased from 19.0% to 20.2%, and adjusted operating costs fell 5.2%, outperforming a 4–5% reduction target. The total dividend was maintained…

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    The E.W. Scripps Company

    The E.W. Scripps Company closed 2025 confronting a familiar but punishing dynamic in U.S. broadcasting: the sharp revenue whiplash that follows a presidential election year. After benefiting from heavy political advertising in 2024, Scripps’ 2025 results reflect the cyclical drop-off in campaign spending, layered onto a structurally evolving television market and a balance sheet still…