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The rotation of US advertising dollars toward digital channels is now a structural feature of the media cycle. Against that backdrop, MediaCo Holding Inc.
(Nasdaq: MDIA) reported second-quarter net revenues of $33.97 million, up 9% from the year-earlier period, with digital channels accounting for 47% of advertising sales, per an 8-K filed August 14, 2026.
The headline revenue gain came alongside widening losses.
Net loss for the quarter was $8.61 million, up from $7.39 million a year earlier, as higher digital operating expenses, a loss on disposal of assets, and elevated net interest costs weighed on the result.
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