MediaCo acquires Estrella MediaCo business; files business description and financials in 8-K/A

Mediaco Holding Inc.

Purchased substantially all Estrella assets (excl. broadcast) and assumed liabilities; Estrella MediaCo produces Spanish-language content.
MediaCo now operates three segments: MediaCo NY Audio, Estrella MediaCo Audio & Events, Estrella MediaCo TV & Digital.
MediaCo holds option to acquire 100% of Estrella broadcast subsidiary equity for 7,051,538 Class A shares; Estrella has put option after 6 months.
Estrella broadcast assets consolidated as VIE; MediaCo deemed primary beneficiary as of April 17, 2024.
Filed audited Estrella financials for FY2023 and FY2022, unaudited for Q1 2024, and pro forma combined financials.

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