MediaCo Announces Leadership Changes to Board of Directors
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 16 hours ago
0mins
MediaCo announced several leadership changes to its Board of Directors. After serving as independent Chair of the Board, Deborah McDermott will step down from her role as Chair and as Chair of the Compensation Committee. She will continue to serve as a member of MediaCo's Board of Directors and remain a member of the Compensation Committee. MediaCo appointed Robert Greene, CEO of the National Association of Investment Companies, as independent Chair of the Board. In addition, Greene will join and lead the Compensation Committee as its Chair. Amit Thakar has been appointed Chair of the Audit Committee and will succeed Robert Greene in that role, while Greene assumes his new responsibilities as Chair of the Board.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy MDIA?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on MDIA
About MDIA
MediaCo Holding Inc., its subsidiaries, and a variable interest entity, is an owned and operated multimedia company. The Company is focused on television, radio and digital advertising, premium programming and events. The Company manages its operations through two business segments: Audio and Video. The Company’s Audio Segment includes both MediaCo’s and Estrella’s radio stations serving New York City, NY, Los Angeles, CA, Houston, TX, and Dallas, TX demographic market areas that primarily target Black, Hispanic, and multicultural consumers. The Audio Segment derives revenues primarily from radio and digital advertising sales, but also generates revenues from events, including sponsorships and ticket sales, licensing, and syndication. The Company’s Video Segment includes Estrella’s television stations, offering an aggregation of Spanish-language programming, including originals, topical entertainment, reality, news, and comedy.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Precious Metals Stocks Rise 9.2% Led by Aya Gold & Silver
- Strong Performance in Precious Metals: Precious metals stocks collectively rose by approximately 3.8% on Friday, indicating a renewed market confidence in the sector as investors seek safe-haven assets amid increasing economic uncertainty.
- Aya Gold & Silver Leads Gains: The company's stock surged by about 9.2%, reflecting its strong performance in the precious metals market, which may attract more investor interest in its future growth potential.
- Hycroft Mining Holding Increases: The stock price rose by approximately 8.5%, demonstrating optimistic market expectations regarding its operations and financial health, potentially facilitating future financing and expansion plans.
- Overall Industry Trend: The collective rise in precious metals stocks not only highlights the strong performance of individual companies but may also indicate an increasing demand for precious metals as safe assets, thereby influencing future market dynamics.
See More
Sigma Audio Networks Partners with WAPA Media to Expand La Tendencia de Molusco
- Strategic Partnership Launch: Sigma Audio Networks has partnered with WAPA Media to bring Puerto Rico's top-rated radio show, La Tendencia de Molusco, to the U.S. market, which is expected to significantly enhance the show's visibility and influence in the United States.
- Diversity in Content: Hosted by Jorge "Molusco" Pabón, the show combines entertainment, pop culture, comedy, and social commentary, attracting a loyal audience, and is anticipated to draw in a broader multicultural audience through this new partnership.
- Advertising Sales Opportunities: Sigma Audio Networks will lead U.S. syndication and advertising sales for the show, creating new business opportunities that connect advertisers with one of the most influential voices in Hispanic media, thereby driving revenue growth.
- Brand Expansion Potential: This partnership not only strengthens Sigma Audio Networks' portfolio of multicultural audio brands but also reflects MediaCo's commitment to premium content, which is expected to enhance the show's brand influence and market share in the U.S.
See More
EstrellaTV Launches Full-Power Broadcast in Texas
- Market Expansion: MediaCo's launch of EstrellaTV on KYVV in San Antonio signifies a major expansion of its full-power broadcast footprint in one of the most important Hispanic markets in the U.S., expected to drive audience and advertising revenue growth.
- Culturally Relevant Content: The full-power broadcast enables EstrellaTV to offer a richer lineup of entertainment, sports, and news programming, including Liga MX matches, catering to U.S. Hispanic audiences' demand for culturally relevant content, thereby enhancing viewer loyalty.
- Strategic Milestone: MediaCo's SVP Luis Fernandez Rocha stated that this upgrade represents a significant milestone in the company's ongoing growth strategy, further solidifying its influence in key Hispanic markets.
- Audience Growth: Year-to-date, EstrellaTV is the fastest-growing Spanish-language broadcast network among Adults 18-49 in prime time, indicating strong performance and future market potential.
See More
MediaCo Reports $31.4 Million Revenue in Q1, Leading Digital Growth
- Revenue Growth: MediaCo reported net revenue of $31.4 million for Q1 2026, an increase of $3.4 million or 12% year-over-year, primarily driven by growth in digital revenue, highlighting the company's leadership in serving multicultural audiences.
- Digital Advertising Share: Digital revenue accounted for 49.5% of advertising sales, which not only enhances the company's market competitiveness but also indicates its strong performance in the rapidly growing digital advertising sector, further solidifying its industry-leading position.
- Adjusted EBITDA Decline: Despite revenue growth, adjusted EBITDA was only $203,000, down $1.2 million from the previous year, reflecting increased operating and corporate expenses, indicating challenges in cost control for the company.
- Strategic Investment: MediaCo's acquisition of Sigma Audio Networks LLC includes a commitment to fund up to $1 million during the initial funding period, aimed at enhancing its advertising capabilities in multicultural markets by integrating audio advertising resources and expanding its business scope.
See More
MediaCo Appoints New Senior Vice President and Corporate Controller
- Executive Appointment: MediaCo Holding Inc. has appointed Roberto Castro as Senior Vice President and Corporate Controller, bringing 30 years of media and entertainment experience that will enhance the company's financial management foundation.
- Rich Industry Background: Castro's nearly 24-year tenure at Spanish Broadcasting System, where he served in various senior finance roles including Vice President of Finance since 2015, showcases his leadership in complex financial environments, which is expected to improve MediaCo's financial reporting quality.
- Strategic Development Support: MediaCo CEO Albert Rodriguez emphasized that Castro's addition will aid the company in executing its growth strategy, enhancing operational performance, and creating value for all stakeholders, reflecting the company's commitment to strengthening its executive team.
- Diverse Media Platform: As a diverse-owned multi-platform media company, MediaCo reaches over 20 million people monthly with powerhouse brands like HOT 97 and WBLS, and Castro's appointment is set to further drive the company's influence among multicultural audiences.
See More
EstrellaTV Achieves Four Consecutive Quarters of Audience Growth
- Significant Audience Growth: In Q1 2026, EstrellaTV posted a 38% year-over-year increase in P18-49 prime time viewership, marking its fourth consecutive quarter of growth, which underscores its accelerating competitive strength and audience appeal.
- Fastest-Growing Network: Year-to-date, EstrellaTV is the fastest-growing Spanish-language broadcast network in the U.S., with a 47% increase in P18-49 prime time, significantly outperforming Telemundo (+5%), Univision (-14%), and UniMás (-34%), solidifying its market position.
- Sustained Consistent Growth: Over the past 16 months, EstrellaTV has achieved year-over-year gains in 12 months, with March 2026 being the only Spanish-language broadcast network to post growth, increasing by 22%, demonstrating its stable growth trajectory.
- News Programming Driving Ratings: EstrellaTV's news lineup, including 'Noticiero Cierre de Edición', ranked as the top weekday program in March, averaging 38,500 viewers, which has directly contributed to revenue and market share gains, highlighting its effectiveness in attracting advertisers.
See More
Precious Metals Stocks Rise 9.2% Led by Aya Gold & Silver
- Strong Performance in Precious Metals: Precious metals stocks collectively rose by approximately 3.8% on Friday, indicating a renewed market confidence in the sector as investors seek safe-haven assets amid increasing economic uncertainty.
- Aya Gold & Silver Leads Gains: The company's stock surged by about 9.2%, reflecting its strong performance in the precious metals market, which may attract more investor interest in its future growth potential.
- Hycroft Mining Holding Increases: The stock price rose by approximately 8.5%, demonstrating optimistic market expectations regarding its operations and financial health, potentially facilitating future financing and expansion plans.
- Overall Industry Trend: The collective rise in precious metals stocks not only highlights the strong performance of individual companies but may also indicate an increasing demand for precious metals as safe assets, thereby influencing future market dynamics.
See More
Sigma Audio Networks Partners with WAPA Media to Expand La Tendencia de Molusco
- Strategic Partnership Launch: Sigma Audio Networks has partnered with WAPA Media to bring Puerto Rico's top-rated radio show, La Tendencia de Molusco, to the U.S. market, which is expected to significantly enhance the show's visibility and influence in the United States.
- Diversity in Content: Hosted by Jorge "Molusco" Pabón, the show combines entertainment, pop culture, comedy, and social commentary, attracting a loyal audience, and is anticipated to draw in a broader multicultural audience through this new partnership.
- Advertising Sales Opportunities: Sigma Audio Networks will lead U.S. syndication and advertising sales for the show, creating new business opportunities that connect advertisers with one of the most influential voices in Hispanic media, thereby driving revenue growth.
- Brand Expansion Potential: This partnership not only strengthens Sigma Audio Networks' portfolio of multicultural audio brands but also reflects MediaCo's commitment to premium content, which is expected to enhance the show's brand influence and market share in the U.S.
See More
EstrellaTV Launches Full-Power Broadcast in Texas
- Market Expansion: MediaCo's launch of EstrellaTV on KYVV in San Antonio signifies a major expansion of its full-power broadcast footprint in one of the most important Hispanic markets in the U.S., expected to drive audience and advertising revenue growth.
- Culturally Relevant Content: The full-power broadcast enables EstrellaTV to offer a richer lineup of entertainment, sports, and news programming, including Liga MX matches, catering to U.S. Hispanic audiences' demand for culturally relevant content, thereby enhancing viewer loyalty.
- Strategic Milestone: MediaCo's SVP Luis Fernandez Rocha stated that this upgrade represents a significant milestone in the company's ongoing growth strategy, further solidifying its influence in key Hispanic markets.
- Audience Growth: Year-to-date, EstrellaTV is the fastest-growing Spanish-language broadcast network among Adults 18-49 in prime time, indicating strong performance and future market potential.
See More
MediaCo Reports $31.4 Million Revenue in Q1, Leading Digital Growth
- Revenue Growth: MediaCo reported net revenue of $31.4 million for Q1 2026, an increase of $3.4 million or 12% year-over-year, primarily driven by growth in digital revenue, highlighting the company's leadership in serving multicultural audiences.
- Digital Advertising Share: Digital revenue accounted for 49.5% of advertising sales, which not only enhances the company's market competitiveness but also indicates its strong performance in the rapidly growing digital advertising sector, further solidifying its industry-leading position.
- Adjusted EBITDA Decline: Despite revenue growth, adjusted EBITDA was only $203,000, down $1.2 million from the previous year, reflecting increased operating and corporate expenses, indicating challenges in cost control for the company.
- Strategic Investment: MediaCo's acquisition of Sigma Audio Networks LLC includes a commitment to fund up to $1 million during the initial funding period, aimed at enhancing its advertising capabilities in multicultural markets by integrating audio advertising resources and expanding its business scope.
See More
MediaCo Appoints New Senior Vice President and Corporate Controller
- Executive Appointment: MediaCo Holding Inc. has appointed Roberto Castro as Senior Vice President and Corporate Controller, bringing 30 years of media and entertainment experience that will enhance the company's financial management foundation.
- Rich Industry Background: Castro's nearly 24-year tenure at Spanish Broadcasting System, where he served in various senior finance roles including Vice President of Finance since 2015, showcases his leadership in complex financial environments, which is expected to improve MediaCo's financial reporting quality.
- Strategic Development Support: MediaCo CEO Albert Rodriguez emphasized that Castro's addition will aid the company in executing its growth strategy, enhancing operational performance, and creating value for all stakeholders, reflecting the company's commitment to strengthening its executive team.
- Diverse Media Platform: As a diverse-owned multi-platform media company, MediaCo reaches over 20 million people monthly with powerhouse brands like HOT 97 and WBLS, and Castro's appointment is set to further drive the company's influence among multicultural audiences.
See More
EstrellaTV Achieves Four Consecutive Quarters of Audience Growth
- Significant Audience Growth: In Q1 2026, EstrellaTV posted a 38% year-over-year increase in P18-49 prime time viewership, marking its fourth consecutive quarter of growth, which underscores its accelerating competitive strength and audience appeal.
- Fastest-Growing Network: Year-to-date, EstrellaTV is the fastest-growing Spanish-language broadcast network in the U.S., with a 47% increase in P18-49 prime time, significantly outperforming Telemundo (+5%), Univision (-14%), and UniMás (-34%), solidifying its market position.
- Sustained Consistent Growth: Over the past 16 months, EstrellaTV has achieved year-over-year gains in 12 months, with March 2026 being the only Spanish-language broadcast network to post growth, increasing by 22%, demonstrating its stable growth trajectory.
- News Programming Driving Ratings: EstrellaTV's news lineup, including 'Noticiero Cierre de Edición', ranked as the top weekday program in March, averaging 38,500 viewers, which has directly contributed to revenue and market share gains, highlighting its effectiveness in attracting advertisers.
See More
