MediaCo Holding Inc. (MDIA)
MediaCo Holding Inc. operates in the Broadcasting industry of the Communication Services sector, headquartered in New York City, NY, US. The stock last traded at $0.94, down 1.16% on the session, giving a market capitalisation of $72.3M. On trailing twelve-month figures it carries a trailing P/E of -1.13, a net margin of -50.2%. Its beta of -0.06 implies it has historically moved less than the broad market.
MediaCo Holding Inc. (MDIA) is a media company with operations divided into two primary areas: radio broadcasting and outdoor advertising. Its radio division manages the WQHT-FM and WBLS-FM stations, both serving the New York City metropolitan area. The outdoor advertising segment specializes in various display solutions, including traditional bulletins, posters, and advanced digital billboards. These advertising assets are primarily located across multiple states, such as Georgia, Alabama, South Carolina, Florida, Kentucky, West Virginia, and Ohio. As of the close of 2021, the company oversaw approximately 3,500 outdoor advertising displays. In addition to these core services, MediaCo also provides digital advertising and event sponsorship. Founded in 2019 and headquartered in New York, New York, MediaCo Holding Inc. operates as a subsidiary of Emmis Communications Corporation.
MediaCo Holding Inc. is most often compared with the following Communication Services names: