Disney sues FCC over ABC broadcast licenses
Walt Disney (NYSE:DIS) and ABC sued the Federal Communications Commission to block an accelerated review of licenses covering eight ABC-owned broadcast stations.
Walt Disney (NYSE:DIS) and ABC sued the Federal Communications Commission to block an accelerated review of licenses covering eight ABC-owned broadcast stations.
Trump Media & Technology Group (NASDAQ:DJT) reported a second-quarter 2026 net loss of $238.1 million on revenue of $1.7 million.
Tencent Music Entertainment Group (NYSE:TME) reported second-quarter 2026 revenue of RMB8.93 billion, up 5.8% year over year.
Gray Media (NYSE:GTN) reported Q2 2026 revenue of $839 million, up 9% year over year, while adjusted EBITDA increased 27% to $214 million.
Warner Bros. Discovery (NASDAQ:WBD) reported Q2 2026 revenue of $8.72 billion, down 11%, while diluted earnings reached $0.06 per share.
Fox (NASDAQ:FOX) reported fiscal Q4 2026 revenue of $4.21 billion, up 28%, with Adjusted EBITDA reaching $1.20 billion.
Townsquare Media (NYSE:TSQ) reported Q2 2026 revenue of $115.4 million and a $41.8 million net loss, mainly reflecting non-cash FCC licence impairments.
Thomson Reuters (NASDAQ:TRI) reported second-quarter revenue of $1.954 billion, up 9%, as its three largest segments delivered 10% organic growth.
The Walt Disney Company (NYSE:DIS) reported fiscal third-quarter revenue of $25.25 billion, up 7%, as Experiences and Entertainment grew.
Spotify Technology (NYSE:SPOT) reported second-quarter revenue of €4.78 billion, net income of €545 million and 300 million premium subscribers.
Paramount Skydance Corporation (NASDAQ:PSKY) reported second-quarter revenue of $6.913 billion, up 1%, while adjusted EBITDA rose 27% to $1.099 billion.
Sony Group (NYSE:SONY) reported fiscal first-quarter 2026 net profit of ¥342.2 billion, up 32% year over year, as revenue increased across several business areas.