Precio Mediaco Holding Inc (MDIA)

Mediaco Holding, Inc. is a radio broadcasting media company. The company is headquartered in New York City, New York and currently employs 407 full-time employees. The company went IPO on 2020-01-02. The firm is focused on television, radio and digital advertising, premium programming and events. The firm 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.