"Total revenue for the company was $807 million, reflecting a 4% increase year over year, primarily driven by higher distribution and core advertising revenue."
"Adjusted EBITDA increased to $126 million, representing a 13% growth, which was largely attributed to revenue growth and improved operating leverage."
"The local media segment generated $701 million in revenue, with significant contributions from distribution revenue of $402 million and core advertising revenue of $261 million."
"Tennis Channel viewership saw a 19% increase year over year, with March 2026 being the most watched month ever, and direct-to-consumer subscribers reached record numbers."
Total revenue reached $807 million, marking a 4% year-over-year increase, supported by higher distribution and core advertising revenue. Adjusted EBITDA rose to $126 million, a 13% increase due to revenue growth and operating leverage. Distribution revenue was $458 million, up 2%, while core advertising revenue increased to $305 million, attributed to digital initiatives. The local media segment generated $701 million in revenue, with adjusted EBITDA of $117 million. The tennis segment reported $70 million in revenue, with viewership up 19% year over year, and record direct-to-consumer subscribers following a partnership with Amazon Prime Video.
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