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MDIA on Nasdaq

Mediaco Holding Inc.

Mediaco Holding Inc. is an American radio broadcasting stations company based in Indianapolis.2 Its shares trade on Nasdaq under the symbol MDIA.2

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Last updated Oct 21, 2026.

Overview

$133.3MRevenue, fiscal 20253
-$66.2MNet income, fiscal 20253

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  • TickerMDIA on Nasdaq2
  • IndustryRadio Broadcasting Stations2
  • HeadquartersIndianapolis, United States2
  • Incorporated inIN4
  • Business address48 West 25Th Street, Third Floor, New York, Ny 100104
  • Filer categoryNon-accelerated filer, Smaller reporting company4
  • Legal formFor-Profit Corporation2
  • LEI549300JMXURWCNFIYY502
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O CORPORATION SERVICE COMPANY, 46204 Indianapolis, United States2
  • Registered withBusiness Services Division (Secretary of State), 2019062713312062

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MediaCo Holding Inc. (“MediaCo” or the “Company”) is an owned and operated multi-media company formed in Indiana in 2019, focused on radio, television, digital advertising, premium programming and events.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-18.6%Operating margin3
-49.7%Net margin3
39.5%Revenue growth, 20253
-143.0%Return on equity3
1.37×Debt to equity3
$1.2MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs99¢$132.4M
  • Income tax1¢$895.0K

Out of $133.3M in revenue.3 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Capital spending39¢$774.0K
  • Kept or used elsewhere61¢$1.2M

Out of $2.0M of cash from operations.3

Financial statements

Revenue6789103$133.3M in 2025+191% since 2019
0$50.0M$100.0M$150.0M2019: $45.8M$45.8M20192020: $39.3M$39.3M2020−14%2021: $41.7M$41.7M2021+6%2022: $38.6M$38.6M2022−8%2023: $32.4M$32.4M2023−16%2024: $95.6M$95.6M2024+195%2025: $133.3M$133.3M2025+40%
Operating income6789103-$24.8M in 2025
-$30.0M-$20.0M-$10.0M0$10.0M2019: $4.6M$4.6M20192020: -$1.7M-$1.7M20202021: $3.9M$3.9M20212022: -$1.4M-$1.4M20222023: -$6.8M-$6.8M2023+390%2024: -$28.2M-$28.2M2024+316%2025: -$24.8M-$24.8M2025−12%
Net income679103-$66.2M in 2025
-$75.0M-$50.0M-$25.0M0$25.0M$50.0M2019: $2.1M$2.1M20192020: -$26.8M-$26.8M20202021: -$6.1M-$6.1M2021−77%2022: $30.9M$30.9M20222023: -$7.6M-$7.6M20232024: -$1.3M-$1.3M2024−83%2025: -$66.2M-$66.2M2025+4986%
Fiscal year2019202020212022202320242025
Revenue$45.8M6$39.3M7$41.7M8$38.6M9$32.4M10$95.6M3$133.3M3
Operating expenses$37.8M8$40.0M8$39.2M10$123.8M3$158.1M3
Operating income$4.6M6-$1.7M7$3.9M8-$1.4M9-$6.8M10-$28.2M3-$24.8M3
Interest$821.0K6$9.5M7$7.7M8$7.0M9$426.0K9
Income before tax-$3.9M8-$9.5M9-$7.1M10-$982.0K3-$65.3M3
Income tax$1.6M6$15.6M7$348.0K8$336.0K9$308.0K10$320.0K3$895.0K3
Net income$2.1M6-$26.8M7-$6.1M9$30.9M9-$7.6M10-$1.3M10-$66.2M3
Earnings per share-$1.228$2.069-$0.4010-$0.083-$0.843
Earnings per share (diluted)-$1.228$2.069-$0.4010-$0.083-$0.843
Shares (weighted, basic)7.2M shares813.4M shares924.9M shares1059.8M shares379.4M shares3
Shares (weighted, diluted)7.2M shares813.4M shares924.9M shares1059.8M shares379.4M shares3

Compare Mediaco Holding Inc. with another company

Corporate structure

Mediaco Holding Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Mediaco Holding Inc.

  • Standard General L.P. Filed SCHEDULE 13D/A on Mediaco Holding Inc., latest Sep 12, 2025 (11 filings since Nov 29, 2021)
  • BlackRock Portfolio Management LLC Filed SCHEDULE 13D/A on Mediaco Holding Inc., latest Sep 8, 2025 (2 filings since Jul 3, 2025)
  • Scott Kapnick Filed SCHEDULE 13D/A on Mediaco Holding Inc., latest May 5, 2025 (3 filings since Apr 24, 2024)
  • EMMIS CORP Filed SC 13D/A on Mediaco Holding Inc., latest Dec 23, 2022
  • Mediaco Holding Inc. Indianapolis, Indiana, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Mediaco Holding Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Leasehold improvements$2.1M3 Dec 31, 2025$1.8M3 Dec 31, 2024+16.8%
Construction in progress$2.1M3 Dec 31, 2025$1.8M3 Dec 31, 2024+15.7%
Property and equipment, before depreciation$28.0M3 Dec 31, 2025$27.7M3 Dec 31, 2024+1.3%
Accumulated depreciation$10.4M3 Dec 31, 2025$7.3M3 Dec 31, 2024+42.1%
Property and equipment, net$17.6M3 Dec 31, 2025$20.3M3 Dec 31, 2024−13.3%
Finance-lease assets$2.6M10 Dec 31, 2024$010 Dec 31, 2023
Operating-lease assets (leased space)$45.8M3 Dec 31, 2025$48.1M3 Dec 31, 2024−4.7%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$5.1M3 Dec 31, 2025$4.4M3 Dec 31, 2024+15.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$8.4M3 Dec 31, 2025$28.3M3 Dec 31, 2024−70.3%
Intangible assets, net (excluding goodwill)$172.7M3 Dec 31, 2025$178.9M3 Dec 31, 2024−3.4%
Indefinite-lived intangibles (excluding goodwill)$166.0M10 Dec 31, 2024$63.3M10 Dec 31, 2023+162.3%
Finite-lived intangibles, gross$15.7M3 Dec 31, 2025$15.7M3 Dec 31, 20240%
Accumulated amortization$5.8M3 Dec 31, 2025$2.8M3 Dec 31, 2024+108.6%
Finite-lived intangibles, net$9.9M3 Dec 31, 2025$12.9M3 Dec 31, 2024−23.3%

Properties, in its own words

The types of properties required to support our radio stations include offices, studios and transmitter/antenna sites. We lease the majority of our studio and office spaces. Our studios and principal executive offices are housed within offices in Burbank, CA and Manhattan, NY. We lease our studios and offices in Burbank, CA, under a Master Lease Agreement that expires in October 2039. We lease our studios and offices in Manhattan, NY, under an agreement that also expires in October 2039. In addition we own or lease other, smaller properties used for studios and transmitter and antenna sites.

The transmitter/antenna site for each station is generally located so as to provide maximum market coverage, consistent with the station's FCC license. In general, we do not anticipate difficulties in renewing the transmitter/antenna site leases or in leasing additional space or sites if required.

Item 2 of the 10-K filed Mar 31, 2026.5

Leadership

Who has led Mediaco Holding Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Rahsan Lindsay2021–2023

President

  1. Bradford A. Tobin2021–2023

Chief financial officer

  1. Ryan A. Hornaday2019–2021
  2. Ann C. Beemish2021–2024
  3. Debra Michelle Defelice2024–now

Chief operating officer

  1. Bradford A. Tobin2020–2023
  2. Brian Kei2024
  3. Kudjo Joachen Sogadzi2024
  4. Alain Rene Santaella2024–now
20202025
Board members and other officers (16)

Timeline

  1. Oct 1, 20268-K Executive or director change37
  2. Aug 14, 20268-K Results of operations38
  3. Aug 12, 20268-K Shareholder vote39
  4. Jul 21, 20268-K Executive or director change40
  5. May 18, 20268-K Results of operations41
  6. Mar 31, 20268-K Results of operations42
  7. Dec 22, 20258-K Listing notice or transfer43
  8. Nov 25, 20258-K Executive or director change44
  9. Nov 20, 20258-K Results of operations45
  10. Nov 18, 20258-K Executive or director change46
  11. Sep 12, 20258-K Unregistered sale of shares47
  12. Aug 14, 20258-K Shareholder vote48
  13. Jul 6, 2021New chief executive Rahsan Lindsay becomes CEO15

Calendar

Coming up

  1. Nov 18, 2026Reports results for the quarter ending Sep/202649

When it reported results

  1. Aug 14, 2026Reported quarterly or annual results38
  2. May 18, 2026Reported quarterly or annual results41
  3. Mar 31, 2026Reported quarterly or annual results42
  4. Nov 20, 2025Reported quarterly or annual results45
  5. Aug 12, 2025Reported quarterly or annual results50

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

218 filings to the SEC since October 2021: 8 annual reports, 15 quarterly reports, 46 major events, 94 insider forms, 17 large holders, 38 other. The latest 20:

  1. Oct 7, 2026S-8 EDGAR
  2. Oct 1, 20268-K EDGAR
  3. Aug 14, 20268-K EDGAR
  4. Aug 14, 202610-Q EDGAR
  5. Aug 12, 20268-K EDGAR
  6. Jul 21, 20268-K EDGAR
  7. Jun 26, 2026ARS EDGAR
  8. Jun 26, 2026DEFA14A EDGAR
  9. Jun 26, 2026DEF 14A EDGAR
  10. May 18, 20268-K EDGAR
  11. May 15, 202610-Q EDGAR
  12. Apr 30, 202610-K/A EDGAR
  13. Apr 3, 2026S-8 EDGAR
  14. Mar 31, 20268-K EDGAR
  15. Mar 31, 202610-K EDGAR
  16. Dec 22, 20258-K EDGAR
  17. Nov 25, 20258-K EDGAR
  18. Nov 20, 20258-K EDGAR
  19. Nov 19, 202510-Q EDGAR
  20. Nov 18, 20258-K EDGAR

The 218 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

107 open-market trades by officers, directors and large owners since October 2021: 47 buys and 60 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 5, 2025BlackRock Portfolio Management LLC10% ownerSale214$1.32$282Form 4
May 22, 2024EMMIS CORPDirectorSale10,781$1.25$13.5KForm 4
May 21, 2024EMMIS CORPDirectorSale40,298$1.25$50.4KForm 4
May 17, 2024EMMIS CORPDirectorSale4,547$1.46$6.6KForm 4
Jun 14, 2023EMMIS CORPDirectorSale12,913$1.39$17.9KForm 4
Jun 13, 2023EMMIS CORPDirectorSale33,258$1.50$49.9KForm 4
Jun 12, 2023EMMIS CORPDirectorSale1,026$1.27$1.3KForm 4
Jun 7, 2023EMMIS CORPDirectorSale69$1.28$88Form 4
Jun 6, 2023EMMIS CORPDirectorSale400$1.27$508Form 4
Jun 5, 2023EMMIS CORPDirectorSale1,812$1.32$2.4KForm 4
Jun 2, 2023EMMIS CORPDirectorSale3,100$1.27$3.9KForm 4
May 23, 2023EMMIS CORPDirectorSale5$1.25$6Form 4
May 17, 2023EMMIS CORPDirectorSale42$1.29$54Form 4
May 15, 2023EMMIS CORPDirectorSale700$1.26$882Form 4
Apr 24, 2023EMMIS CORPDirectorSale200$1.25$250Form 4
Apr 21, 2023EMMIS CORPDirectorSale100$1.27$127Form 4
Apr 20, 2023EMMIS CORPDirectorSale300$1.28$384Form 4
Apr 18, 2023EMMIS CORPDirectorSale300$1.25$375Form 4
Mar 17, 2023EMMIS CORPDirectorSale900$1.32$1.2KForm 4
Mar 16, 2023EMMIS CORPDirectorSale1,352$1.30$1.8KForm 4

All 107 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Albert RodriguezChief Executive Officer and President$746.2K$1.2M55
2025René SantaellaChief Growth and Innovation Officer$438.9K$666.1K55
2025Debra DeFeliceExecutive Vice President, Chief Financial Officer and Treasurer$481.8K$626.0K55
2024René SantaellaChief Growth and Innovation Officer$408.9K$770.1K55
2024Debra DeFeliceExecutive Vice President, Chief Financial Officer and Treasurer$226.9K$271.9K55
2024Albert RodriguezChief Executive Officer and President$186.7K55

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Standard General L.P.35,426,400$34.9M7.3%No change
BlackRock, Inc.35,284,678$34.8M0.0%No change
Geode Capital Management, LLC96,397$95.2K0.0%−18,868
Vanguard Capital Management LLC70,508$69.5K0.0%+37,917
Millennium Management LLC62,147$61.3K0.0%−27,129
Vanguard Fiduciary Trust Co49,246$48.6K0.0%No change
Citadel Advisors LLC28,302$27.9K0.0%New
Northern Trust Corp18,274$18.0K0.0%+4,420
State Street Corp16,659$16.4K0.0%No change
XTX Topco Ltd10,375$10.2K0.0%New
Tower Research Capital LLC (TRC)6,596$6.5K0.0%+1,413
Vanguard Global Advisers, LLC1,726$1.7K0.0%No change
Royal Bank Of Canada1,000$1.0K0.0%New
UBS Group AG231$2280.0%−54,739
Morgan Stanley200$1970.0%−3
Allworth Financial LP32$320.0%No change
Harbour Investments, Inc.19$190.0%No change
Jpmorgan Chase & Co3$30.0%−383,400
Wells Fargo & Company/mn0$00.0%No change

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Mediaco Holding Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMediaco Holding Inc.1
  • CIK0001784254
  • Employer ID (EIN)84-24277715
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company5
  • Incorporated inIndiana5
  • Fiscal year endsDecember 311
  • Industry code (SIC)4832 Radio Broadcasting Stations1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address48 West 25Th Street, Third Floor, New York, NY 100101
  • Phone212-229-97971
  • Shares outstanding76,318,634 Common Class A shares; 5,413,197 Common Class B shares; 0 Common Class C shares as of Mar 31, 20265
  • Public float$14.0M as of Jun 30, 20255
  • AuditorDeloitte & Touche LLP, Charlotte, North Carolina PCAOB ID 42; no auditor attestation of internal control over financial reporting5
  • On EDGAR sinceAug 13, 20191
  • Filings344 in all: 4 (118), 8-K (55), 3 (28), 10-Q (21), SC 13D/A (18), DEF 14A (9), DEFA14A (8), CORRESP (7)1
    All 34 form types

    10-K (6), UPLOAD (6), 10-12B/A (5), 144 (5), 4/A (5), 8-K/A (4), NT 10-Q (4), PRE 14A (4), S-8 (4), SCHEDULE 13D/A (4), SEC STAFF LETTER (4), 10-K/A (3), ARS (3), EFFECT (3), S-3 (3), S-3/A (3), SC 13D (3), 424B5 (2), SC 13G/A (2), 10-12B (1), 10-KT (1), CERT (1), NT 10-K (1), SC 13G (1), SCHEDULE 13D (1), SEC STAFF ACTION (1)

  • Latest filingsAnnual report (10-K) Mar 31, 2026
    Quarterly report (10-Q) Aug 14, 2026
    Proxy statement (DEF 14A) Jun 26, 2026
    Latest 8-K (8-K) Oct 1, 2026

Securities registered for trading

ClassSymbolExchange
Class A common stock, $0.01 par valueMDIANasdaq

From the cover page of the 10-K filed Mar 31, 2026 (Section 12(b) of the Exchange Act).5

Risk factors and legal proceedings

The risks Mediaco Holding Inc. names in Item 1A of its 10-K filed Mar 31, 2026: 31 risks under these headings, as written.5

  • Risks Related to our Business
  • Our advertising revenues and results of operations could be negatively impacted by weak economic conditions and instability in financial markets.
  • We may lose audience share and advertising revenue to competing broadcast stations or other types of media.
  • Our broadcast operations lack the scale of some of our competitors.
  • Our inability to successfully affiliate with radio, television, and other third-party content distributors, or to convert any acquired radio and television stations to our programming/formats could have an adverse effect on our business, financial condition or results of operations.
  • The loss of affiliation agreements, renewal on less favorable terms or unfavorable interpretations thereof could have an adverse effect on our business, financial condition or results of operations.
  • We may fail to realize any benefits and incur unanticipated losses related to any acquisition.
  • Summer Jam is highly sensitive to public tastes and is dependent on our ability to secure popular artists, and our ticketing revenue can be impacted by changes in consumer preferences.
  • We are a “controlled company” within the meaning of the Nasdaq listing standards and, as a result, qualify for, and rely on, exemptions from certain corporate governance requirements. Investors in our Class A common stock will not have the same protections afforded to shareholders of companies that are subject to such requirements.
  • We must respond to the rapid changes in technology, services and standards that characterize the broadcasting industry in order to remain competitive, and changes in technology may increase the risk of material intellectual property infringement claims.
  • We use artificial intelligence ("AI") in our business, and challenges in managing its use could result in reputational harm, competitive disadvantage, legal liability, and adverse effects on our results of operations.
  • Our business depends heavily on maintaining our FCC licenses. We could be prevented from operating a station if we fail to maintain its licenses.
The other 20 risks
  • We must purchase television programming in advance of knowing whether a particular show will be popular enough for us to recoup our costs.
  • We disseminate large amounts of content to the public. An ill-conceived or mistimed on-air statement or social media post could have a material adverse effect on our business.
  • Misalignment with public and consumer taste and preferences could negatively impact advertising demand and profitability of our business.
  • Changes in current Federal regulations could adversely affect our business operations.
  • Our business strategy and our ability to operate profitably depend on the continued services of our key employees, the loss of whom could have a material adverse effect on our business.
  • We have recognized, and could continue to recognize, impairment charges on our goodwill and broadcast licenses. Any such future charges could adversely impact our results of operations.
  • Our operating results have been and may again be adversely affected by acts of war, a global health crisis, terrorism and natural catastrophes.
  • Our business is dependent upon the proper functioning of our internal business processes and information systems. The modification, change of, or interruption of such systems may disrupt our business, processes and internal controls.
  • We may not be successful in identifying any additional suitable acquisition or investment opportunities.
  • Future acquisitions or investments, or similar strategic transactions, could involve unknown risks that could harm our business and adversely affect our financial condition.
  • The FCC’s ownership restrictions limit our ability to own and operate multiple television or radio stations.
  • We have engaged in restructuring activities in the past and may implement further restructurings in the future and our restructuring efforts may not be successful or generate expected cost savings.
  • The terms of any future indebtedness may restrict our current and future operations, particularly our ability to respond to changes in market conditions or to take some actions.
  • To service our indebtedness and other obligations, we will require a significant amount of cash. Our ability to generate cash depends on many factors beyond our control.
  • SG Broadcasting possesses significant voting interest with respect to our outstanding common stock, which limits the influence on corporate matters by a holder of MediaCo Class A common stock.
  • Standard General’s interests may conflict with those of other shareholders.
  • If we are not able to comply with the applicable continued listing requirements or standards of The Nasdaq Stock Market LLC, Nasdaq could delist our Class A common stock, which could limit investors’ ability to make transactions in our securities and subject us to additional trading restrictions.
  • Our By-Laws designate the Circuit or Superior Courts of Marion County, Indiana, or the United States District Court for the Southern District of Indiana in a case of pendant jurisdiction, as the exclusive forum for certain litigation that may be initiated by holders of shares of MediaCo, which would discourage lawsuits against us and our director and officers.
  • We are a “smaller reporting company” and we cannot be certain whether the reduced reporting requirements applicable to smaller reporting companies will make our common stock less attractive to investors.
  • Material weaknesses in our internal control over financial reporting could result in material misstatements in our financial statements not being prevented or detected, which could affect investor confidence in the accuracy and completeness of our financial statements and could negatively impact our stock price and financial condition.

Legal proceedings

From time to time, our stations are parties to various legal proceedings arising in the ordinary course of business. In the opinion of management of the Company, however, there are no legal proceedings pending against the Company that we believe are likely to have a material adverse effect on the Company. From time to time, we may be subject to various legal proceedings and claims, which may have a material adverse effect on our financial position or results of operations.

The opening of Item 3, Legal Proceedings.5

Sources

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