Highest-materiality recent filing
Bright Mountain Media defers $840K loan payment, issues 2.98M shares to lender
Deferred $840,000 quarterly installment on Second Out Loans from June 30 to December 20, 2026.
Bright Mountain Media sells mom.com domain for $1.1M; lender consent for debt prepayment and PIK
Sold domain www.mom.com and related social media handles to Static Media for $1.1 million.
Bright Mountain Media Q1 net loss improves 60% to $1.3M; Adj. EBITDA up 189% to $2.4M
Revenue of $14.0M, down 2% YoY from $14.2M; cost of revenue down 3% to $9.7M.
Bright Mountain Media stock downgraded to OTCID after failing OTCQB bid-price rule
Effective April 10, 2026, common stock moved from OTCQB to OTCID tier due to bid price below $0.01 for 30+ consecutive days.
Bright Mountain Media defers $1.2M debt payment, issues shares to lender in credit amendment
Twenty-Fifth Amendment defers $1.2M quarterly installment on Second Out Loans until Dec 20, 2026.
Twenty-Fifth Amendment defers $1.2M Second Out loan amortization to Dec 20, 2026.
Received notice Dec 9, 2025; bid price below $0.01 for 30 consecutive days, failing OTCQB continued eligibility.
Bright Mountain Media FY2025 revenue $59.2M (+4% YoY); net loss improves to $13.5M
FY revenue $59.2M vs $56.7M in 2024; advertising technology division drove growth.
Bright Mountain Media defers $600K payment, issues 2.87M shares to creditor
Deferred $600K quarterly installment and interest on Second Out Loans from Dec 31, 2025 to Mar 31, 2026.
Bright Mountain Media reports 9M revenue $43.5M, up 10%; net loss improves 23%
9M 2025 revenue $43.5M vs $39.6M (+10%); net loss $10.1M vs $13.2M (23% improvement).
Bright Mountain Media amends credit agreement: defers payments, issues 2.83M shares to lenders
First Out Loans quarterly amortization for Sept 30 2025 reduced from $575K to $250K, with deferred balance due at maturity Dec 20, 2026.
Bright Mountain Media Q2 revenue up 18% to $15.4M, net loss narrows to $4.1M
Q2 2025 revenue $15.4M vs $13.0M YoY; six-month revenue $29.6M vs $25.5M YoY, +16%.
Bright Mountain Media Q1 revenue up 14% to $14.2M; adjusted EBITDA turns positive at $816K
Revenue $14.2M (+14% YoY) driven by ad-tech division; gross margin $4.3M (+36% YoY).
Bright Mountain Media extends credit facility maturity to Dec 2026, amends rates and amortization
Maturity extended from April 20, 2026 to December 20, 2026 for First Out, Second Out, and Third Out Loans.
Bright Mountain Q4 revenue $17.1M (+13%), net loss narrows; FY Adjusted EBITDA positive
Q4 revenue $17.1M (+13% YoY); gross margin $5.5M (+1%); net loss $3.8M vs $5.9M loss.
Bright Mountain Media borrows $1.9M to bond $1.7M judgment; issues 5M shares to lender affiliate
Borrowed approx. $1.9M under 21st Amendment to credit agreement to secure bond staying $1.7M Ladenburg judgment pending appeal.
Bright Mountain Q3 net loss improves 84% to $3.3M; Adjusted EBITDA positive $804k
Q3 revenue down 7% YoY to $14.2M; ad tech revenue $4.7M, consumer insights $6.8M.
Bright Mountain Media Q2 FY2024 revenue $13.0M, net loss narrows to $5.2M
Q2 2024 revenue $13.0M (+3% YoY); ad tech division drove growth with $3.6M revenue.
Maturity of Nineteenth Amendment Term Loan extended from June 30, 2024 to December 31, 2024.
Q4 revenue $15.1M (up 193% YoY); full-year revenue $44.5M (up 128% YoY), driven by Big Village acquisition.
Director Pamela Parizek resigns over board dispute on lender matter; board vote 4-1
Pamela J. Parizek resigned as director and audit committee chair effective Jan. 18, 2024.
Revenue $15.3M, +192% YoY on Big Village acquisition; ad-tech $3.6M, digital pub $1.0M, creative insights $8.0M, services $2.6M.
Bright Mountain Media appoints Ethan Rudin as CFO, replacing Miriam Martinez
Ethan Rudin named CFO effective Oct 18, 2023; base salary $325K, bonus up to 25%.
Appointed Jeff Hirsch, former PubMatic CCO, as independent director effective Aug 15, 2023.
Bright Mountain Media secures additional $2.0M term loan, maturing June 2024
Nineteenth Amendment provides $2,000,000 additional term loan facility; maturity June 30, 2024.
CEO update: Big Village acquisition adds ~$50M revenue, $72M assets to Bright Mountain
Acquired Big Village's Insights and Agency divisions in April 2023; adds ~$50M annualized revenue vs. $19.6M in 2022.
Bright Mountain Media completes $20M acquisition of Big Village assets; issues 21.4M shares
Acquired Big Village Agency and Insights for $20M cash plus assumed liabilities on April 20, 2023.
Bright Mountain Media boosts CEO salary to $400,000, effective June 1, 2023
CEO Matthew Drinkwater's base salary increased from $250,000 to $400,000.
Revenue $1.5M, down 57% YoY from $3.5M; gross margin $528K, down 70%.
Bright Mountain Media completes acquisition of Big Village businesses for $20M cash plus liabilities
Acquired Agency and Insights businesses from Big Village entities for approximately $20M in cash plus assumed liabilities.
Bright Mountain Media closes $20M all-cash acquisition of Big Village assets, adds $26.3M term loan
Completed purchase of Big Village's Agency and Insights businesses for approx. $20M cash plus assumed liabilities on April 20, 2023.
Bright Mountain Media acquires Big Village Insights & Agency for ~$20M, expects $50M added revenue
Purchase price of approximately $20 million in cash, plus assumed liabilities, funded by senior secured credit facility.
Bright Mountain Media acquires Big Village Agency & Insights assets for $19.9M in bankruptcy sale
Winning bidder in Chapter 11 auction; purchase price $19.874M plus assumed liabilities.
Bright Mountain Media Q4 revenue up 20% to $5.2M; full-year net loss improves 32% to $8.1M
Q4 revenue $5.2M (+20% YoY); net loss $2.3M (improved 20% from $2.9M loss in Q4 2021).
Bright Mountain Media restates Q2 and Q3 2022 financials due to interest understatement
Board determines unaudited Q2 and Q3 2022 financials should no longer be relied upon due to material errors.
Bright Mountain Media appoints Jonathan Slavin as Chief Revenue Officer
Bright Mountain Media appointed Jonathan Slavin as Chief Revenue Officer on December 19, 2022.
Bright Mountain Media Q3 revenue up 38% to $5.2M; net loss narrows 34% to $1.9M
Revenue $5.2M, +38% YoY; gross margin $2.1M (+2%).
Effective April 30, 2026, Ethan Rudin, the Chief Financial Officer of Bright Mountain Media, Inc. (the “Company”), departed from the Company and his role as Chief Financial Officer.
Appointment of Chief Financial Officer
Following Mr. Rudin’s departure, Matt Drinkwater, the Company’s Chief Executive Officer, will act as the Company’s interim principal financial officer and interim principal accounting officer until the Company’s filing of its next Form 10-Q.
On June 21, 2024, Harry Schulman, a director of the Company, notified the Company that he was resigning from the Board, effective June 30, 2024
On June 21, 2024, W. Kip Speyer informed Bright Mountain Media, Inc. (the “Company”) that he will retire from his position as Chairman and as a member of the Board of Directors (the “Board”) of the Company effective June 30, 2024
On January 18, 2024, Pamela J. Parizek, a director of Bright Mountain Media, Inc. (the “Company”), notified the Company that she was resigning from the board of directors, effective immediately.
Miriam Martinez will be transitioning from the Chief Financial Officer of the Company to the principal financial officer of the Company, effective immediately (the “Effective Date”).
On October 18, 2023, the Company announced the appointment of Ethan Rudin to serve as the Chief Financial Officer of the Company, effective immediately.
On August 15, 2023, the Board of Directors (the “Board”) of Bright Mountain Media, Inc. (the “Company”) appointed Jeff Hirsch as a director of the Company, effective as of August 15, 2023.
On June 1, 2023, Gretchen Tibbits tendered her resignation as a director of Bright Mountain Media, Inc. (the “Company”), effective immediately.
Todd Speyer provided the Company’s Board of Directors a letter of resignation as a director of the Company, effective March 31, 2023.
On February 8, 2023, Bright Mountain Media, Inc. (the “Company”) and W. Kip Speyer memorialized Mr. Speyer’s continued service as Chairman of the Board of Directors.
Max materiality 0.85 · Median 0.62 · Most common event earnings