---
schema_version: "secwatch.filing_event.v1"
accession: "0001784254-25-000040"
form_type: "8-K"
ticker: "MDIA"
cik: "0001784254"
company_name: "Mediaco Holding Inc."
filed_at: "2025-11-20T23:59:59+00:00"
generated_at: "2026-05-16T18:08:25.320099+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MediaCo Q3 net loss $17.9M on rev $35.4M; adj. EBITDA swings to $2.1M positive

## Summary
- Q3 net loss of $17.9M vs net income of $54.9M in prior year; swing driven by change in fair value of warrant liability.
- Q3 net revenue $35.4M, up 19% YoY; year-to-date revenue $94.7M (+51%), aided by Estrella acquisition assets.
- Year-to-date adjusted EBITDA $5.0M vs loss of $4.6M prior; Q3 adjusted EBITDA margin 6%.
- Digital advertising revenue reached $17M in Q3, now 49.2% of total ad sales, among highest in industry.
- CFO Debra DeFelice promoted to EVP; Brian Fisher promoted to Chief Revenue Officer.

## SEC filing metadata
- accession: 0001784254-25-000040
- form_type: 8-K
- ticker: MDIA
- cik: 0001784254
- company_name: Mediaco Holding Inc.
- filed_at: 2025-11-20T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1784254/000178425425000040/0001784254-25-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1784254/000178425425000040/mdia-20251120.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001784254-25-000040
- JSON: https://secwatch.observer/filing/0001784254-25-000040.json
- Plain text: https://secwatch.observer/filing/0001784254-25-000040.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.