
Aramark Collegiate Hospitality Meets Student Tastes for Unique Campus Experiences
'Students are telling us what matters to them, and we're responding in real time,' said Jack Donovan, President and CEO for Aramark Collegiate Hospitality. 'It's not just about collecting data—it's about creating campus hospitality experiences that feel personal and purposeful and understanding students on a deeper level.'
Aramark is reworking its entire suite of listening and survey tools to better capture the voice of the current student. These updates include retooled intuitive and student-friendly surveys that feature refined terminology and question design, as well as enhanced analytics and reporting capabilities. These improvements allow for sharper, more meaningful insights and faster, more effective responses to student needs.
Culinary Innovation That Reflects Student Tastes
Aramark is leading the way in culinary creativity with new concepts and partnerships that align with popular 'create-your-own" trends including:
MEDI – A Mediterranean-inspired dining solution piloted in Spring 2025 and rolling out widely this fall, MEDI is affordable, flexible, and on-trend—earning high marks from students during pilot testing. Signature dishes include a Chicken Shawarma Grain Bowl, a Lamb Meatball Bowl, and a make-your-own option designed to satisfy individual preferences.
Chef Grace Ramirez Partnership – In the fall 2025, Aramark's ongoing collaboration with Chef Grace Ramirez expands La Latina Cocina to bring Latin American flavors to campuses. Students will choose from signature and made-to-order plates, bowls, tacos, and more. One highlight is the El Choripán Platter—grilled chorizo with guasacaca, pickled cabbage, and cilantro crema on a roll, served with chili-lime chips.
Campus Smokehouse – Campus Smokehouse is rooted in time-honored smoking techniques and bold ingredients. Guests will be offered slow-smoked BBQ staples like pulled pork, smoked chicken, saucy wings, and even smoky jackfruit for a plant-based option, and pair them with down-home sides including baked beans and country-style green beans.
Dining Concepts That Foster Community
Beyond the plate, Aramark is investing in spaces that foster belonging and support campus pride and affinity. The upcoming The Gathering Place ™, set to pilot in Spring 2026, is designed as a personalized campus space where students can celebrate traditions, build school spirit, and develop friendships.
Restaurant DestiNATIONS continues to bring global cuisine to campus through rotating restaurant-style takeovers, offering both customizable and chef-curated options that enable students to explore the world through food.
Rolling out throughout 2025-2026, REVIVE is a wellness-focused residential dining concept that nurtures mental, emotional, and physical health. With its 'Nourish to Flourish' philosophy, it offers a health-forward culinary program and a welcoming campus hub where everyone on campus can come to recharge, connect, and thrive through smart eating and community engagement.
A Future Fueled by Insights
Aramark has launched TrendScoop, a quarterly review of culinary, collegiate, and generational insights for both operators and campus partners. And this fall, the debut of StudentLounge ™—an online platform for asynchronous student feedback—will deepen the company's connection with its audience in ways that students are most comfortable providing feedback.
Insights gleaned from Aramark's research show that students give the highest marks for flexibility, personalization, and convenience. To meet that need, Aramark has developed several solutions.
Next Gen Meal Plans – 'Create Your Own' and 'Try Before You Buy' options put students in control, and a new graduate student meal program has been added to the suite of plans. These options give students the power to match personal preferences with meal plans that fit their lifestyles.
Fingertip Tech Access – The next generation of campus dining web and app access will be rolling out via Collegiate Hospitality's new myDiningHub platform. Starting this fall, campuses will be upgrading their current websites, and the next phase will feature an app roll-out.
Grab & Gather ™ – After a successful pilot program, Grab & Gather will be available for use at all Aramark Collegiate Hospitality accounts that offer mobile ordering for their retail locations. This small-scale catering solution bridges the gap between take-out and formal event catering in a way that is convenient and affordable for student campus groups' meetings and get-togethers.
About Aramark Collegiate Hospitality
Aramark Collegiate Hospitality is a premier provider for hospitality ecosystems in higher education, renowned for its commitment to the whole student and enhancing student life through exceptional culinary experiences and innovative dining solutions. With a presence in more than 275 colleges and universities, Collegiate Hospitality uses data driven consumer insights to curate experiences to meet the unique needs of each campus, fostering a vibrant community with diverse and inclusive dining offerings. This intentional integration of campus identity, world class hospitality, and professional opportunity provides a foundational path to student success. Connect with Collegiate Hospitality on LinkedIn.
Aramark (NYSE: ARMK) proudly serves the world's leading educational institutions, Fortune 500 companies, world champion sports teams, prominent healthcare providers, iconic destinations and cultural attractions, and numerous municipalities in 16 countries around the world with food and facilities management. Because of our hospitality culture, our employees strive to do great things for each other, our partners, our communities, and the planet.
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Business Wire
2 hours ago
- Business Wire
MediaCo Reports Second Quarter Net Revenue of $31.2 Million and First Half of 2025 Net Revenue of $59.3 Million
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Adjusted EBITDA and Adjusted EBITDA margin are non-GAAP measures. Please refer to the 'Definitions and Disclosures Regarding Non- GAAP Financial Information' section herein, the reconciliations at the end of this press release and additional information on our website. 2025 Second Quarter Financial Summary 2025 First Half Financial Summary (1) Net Income margin is Net Income as a percentage of Net Revenue. Adjusted EBITDA margin is Adjusted EBITDA as a percentage of Net Revenue. (2) Adjusted EBITDA and Adjusted EBITDA margin are non-GAAP measures. Please refer to the 'Definitions and Disclosures Regarding Non-GAAP Financial Information' section herein, the reconciliations at the end of this press release and additional information on our website. Expand Albert Rodriguez, MediaCo CEO and President, commented, 'We're proud to report a 19% year-over-year revenue increase this quarter, clear proof that our business is not only strong but gaining real momentum. Even more compelling is the 345% surge in first half digital revenue, which now accounts for 33.0% of our total ad income. This growth is fueled by our deep connection with multicultural audiences and the cultural relevance we deliver across every platform. It's a powerful validation of our strategy and indicates that MediaCo is leading the charge in today's digital-first economy. This quarter delivered record revenue, with P18–49 growth in five of the last seven months. EstrellaTV was the only Spanish-language broadcast network to post year-over-year prime-time growth for the full quarter—proof of our consistent performance and enduring audience connection.' Debra DeFelice, CFO and Treasurer, commented, 'MediaCo delivered a record second quarter, reflecting continued strength across our portfolio. Growth was driven by increases in radio and TV advertising revenue, record-breaking digital performance, and disciplined expense management. Our successful integration of Estrella Media assets from the most recent acquisition, combined with the progressive realization of synergies across markets and multiple delivery platforms, is fueling strong, sustainable results. We remain focused on delivering strong operating performance, enhancing cash flow, and executing on our long-term growth strategy, while advancing our content offerings and accelerating digital expansion. These initiatives position us to capitalize on emerging opportunities in the second half of the year.' Company and Business Highlights MediaCo Holding Inc. (Nasdaq: MDIA) is a diverse-owned, multi-platform media company serving multicultural audiences across the U.S. Through a network of iconic brands—including Hot 97, WBLS, EstrellaTV, Estrella News, Que Buena Los Angeles and the Don Cheto Radio Network—MediaCo reaches over 20 million people monthly via television, radio, digital, and streaming platforms. The company's innovative and culturally resonant content spans music, news, and entertainment across major local and national markets. New Programming: EstrellaTV is poised for continued growth with new sports, original, and acquired programming. The network secured multi-year rights to all Tigres, Tigres Femenil, Juarez, and Juarez Femenil Liga MX home games across all platforms. It also acquired multiplatform rights to the live music reality show Objetivo Fama and greenlit another season of Tengo Talento, Mucho Talento: Nueva Era for fall. Events: The 31st annual Summer Jam sold out the Prudential Center, featuring A Boogie, Wit Da Hoodie, Gunna, GloRilla and more and is back in June 2026, promising an even bigger show. In celebration of Cinco de Mayo, MediaCo's Spanish-language radio stations hosted sold out music festivals in Los Angeles, Houston and Dallas with over 40,000 in attendance. Digital & Streaming: MediaCo expects remarkable year-over-year digital and streaming revenue growth, fueled by EstrellaTV's Spanish-language brands and rising demand for CTV and FAST channels on major platforms. FAST watch time and monetized CTV ad inventory grew significantly in Q2. EstrellaTV and Estrella News were ranked as the top Latino-focused mixed IP FAST channels in the most recent Amagi/Ampere report. In Q2, FAST monthly watch time topped 310M minutes and monetized premium CTV ad inventory rose 290% YoY. MediaCo expanded its FAST footprint and ad mix with WAPA+ and Todos Novelas via Hemisphere Media. HOT 97's digital platforms amplified Summer Jam with record engagement in social reach up 1,000% to 38M users and web/app visitors up nearly 80% YoY. Hot 97 TV, a new FAST channel for Hip Hop and Afro culture, is set to launch this summer and is an example of the many initiatives with Trace to expand Afro-Urban content globally. HOT 97 and WBLS also launched commercial-free stations on TuneIn's premium service for new revenue opportunities. Radio: In early 2025, MediaCo's radio division grew primetime A25-54 audiences 24% vs. the prior four months, outpacing the market's 18% growth. Gains were led by KBUE/LA (+56%), KRQB/Riverside/San Bernardino (+46%), Dallas stations (+38% combined), Houston (+19%), and New York (+14% combined). Broadcast TV: EstrellaTV posted year-over-year prime time growth in five of the last seven months. Q2 P18-49 Mon–Sun prime averaged 15.3k viewers, up 23% YoY, driven by new originals and news programming. On May 14, the semifinal Liga MX match (Tigres UANL vs. Toluca) delivered the network's largest full coverage P18-49 audience ever (+157% vs. season average). June marked the third straight monthly gain, with Mon–Fri prime up 29% YoY. Local TV: EstrellaTV Local saw strong year-over-year growth in the combined April–May book averages. Three of the network's largest owned-and-operated stations posted gains in weekday prime among P18-49: KRCA/LA nearly doubled its audience (+96%), QFAA/Dallas grew +49%, and KZJL/Houston surged +143%. WGEN/Miami also delivered impressive results, up +198% in weekday prime among P25-54. Forward-Looking Statements This communication includes or incorporates forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended ('Exchange Act'). You can identify these forward-looking statements by our use of words such as 'intend,' 'plan,' 'may,' 'will,' 'project,' 'estimate,' 'anticipate,' 'believe,' 'expect,' 'continue,' 'potential,' 'opportunity' and similar expressions, whether in the negative or affirmative. Such forward-looking statements, which speak only as of the date hereof, are based on managements' estimates, assumptions and beliefs regarding our future plans, intentions and expectations. We cannot guarantee that we will achieve these plans, intentions or expectations. All statements regarding our expected financial position, business, results of operations and financing plans are forward-looking statements. Actual results or events could differ materially from the plans, intentions or expectations disclosed in the forward-looking statements we make. We have included important facts in various cautionary statements in this communication that we believe could cause our actual results to differ materially from forward-looking statements that we make. The forward-looking statements do not reflect the potential impact of any future acquisitions, mergers or dispositions. We undertake no obligation to update or revise any forward-looking statements because of new information, future events or otherwise. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this release. For more details on factors that could affect these expectations, please see MediaCo's other filings with the Securities and Exchange Commission. Definitions and Disclosures Regarding Non-GAAP Financial Information We define Adjusted EBITDA as consolidated Operating loss adjusted to exclude restructuring expenses, business combination transaction costs, unusual and non-recurring expenditures and non-cash compensation included within operating expenses, as well as the following line items presented in our Statements of Operations: Depreciation and amortization, Loss on disposal of assets, change in fair value of warrant shares liability and Other income. Alternatively, Adjusted EBITDA is calculated as Net loss, adjusted to exclude Provision for income taxes, Interest expense, net, Depreciation and amortization, Loss on disposal of assets, Change in fair value of warrant shares liability, Other income, and Other adjustments. We use Adjusted EBITDA, among other measures, to evaluate the Company's operating performance. This measure is among the primary measures used by management for the planning and forecasting of future periods, as well as for measuring performance for compensation of executives and other members of management. We believe this measure is an important indicator of our operational strength and performance of our business because it provides a link between operational performance and operating income. It is also a primary measure used by management in evaluating companies as potential acquisition targets. We believe the presentation of this measure is relevant and useful for investors because it allows investors to view performance in a manner similar to the method used by management. We believe it helps improve investors' ability to understand our operating performance and makes it easier to compare our results with other companies that have different capital structures or tax rates. In addition, we believe this measure is also among the primary measures used externally by our investors, analysts and peers in our industry for purposes of valuation and comparing our operating performance to other companies in our industry. Since Adjusted EBITDA is not a measure calculated in accordance with GAAP, it should not be considered in isolation of, or as a substitute for, operating loss or net loss as an indicator of operating performance and may not be comparable to similarly titled measures employed by other companies. Adjusted EBITDA is not necessarily a measure of our ability to fund our cash needs. Because it excludes certain financial information compared with operating loss and compared with consolidated net loss, the most directly comparable GAAP financial measures, users of this financial information should consider the types of events and transactions which are excluded. For a reconciliation of these non-GAAP financial measurements to the GAAP financial results cited in this news announcement, please see the supplemental tables at the end of this release. About MediaCo Holding Inc. MediaCo Holding Inc. (Nasdaq: MDIA) is a diverse-owned, multi-platform media company serving multicultural audiences across the U.S. Through a network of iconic brands—including Hot 97, WBLS, EstrellaTV, Estrella News, Que Buena Los Angeles and the Don Cheto Radio Network—MediaCo reaches over 20 million people monthly via television, radio, digital, and streaming platforms. The company's innovative and culturally resonant content spans music, news, and entertainment across major local and national markets. More info at MEDIACO HOLDING INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Six Months Ended June 30, Change (Dollars in thousands) 2025 2024 $ % NET REVENUES $ 59,275 $ 32,908 26,367 80 OPERATING EXPENSES: Operating expenses 63,986 41,297 22,689 55 Corporate expenses 3,147 6,835 (3,688 ) (54 ) Depreciation and amortization 3,466 1,564 1,902 122 Loss on disposal of assets 144 5 139 2,780 Total operating expenses 70,743 49,701 21,042 42 OPERATING LOSS (11,468 ) (16,793 ) 5,325 (32 ) OTHER INCOME (EXPENSE): Interest expense, net (7,609 ) (3,918 ) (3,691 ) 94 Change in fair value of warrant shares liability — (31,027 ) 31,027 N/A Other income 2,230 20 2,210 11,050 Total other expense (5,379 ) (34,925 ) 29,546 (85 ) LOSS BEFORE INCOME TAXES (16,847 ) (51,718 ) 34,871 (67 ) PROVISION FOR INCOME TAXES 559 266 293 110 NET LOSS $ (17,406 ) $ (51,984 ) 34,578 (67 ) Expand MEDIACO HOLDING INC. NON-GAAP FINANCIAL MEASURES RECONCILIATIONS OF NET LOSS TO EBITDA AND ADJUSTED EBITDA (1) AND NET LOSS MARGIN TO ADJUSTED EBITDA MARGIN (1) Three Months Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2025 2024 2025 2024 Net revenues $ 31,245 $ 26,202 $ 59,275 $ 32,908 Net Loss $ (8,521 ) $ (48,125 ) $ (17,406 ) $ (51,984 ) % Margin (28 )% (184 )% (29 )% (158 )% Provision for income taxes 279 182 559 266 Interest expense, net 3,855 3,782 7,609 3,918 Depreciation and amortization 1,697 1,431 3,466 1,564 EBITDA $ (2,690 ) $ (42,730 ) $ (5,772 ) $ (46,236 ) Loss on disposal of assets 5 5 144 5 Change in fair value of warrant shares liability — 31,027 — 31,027 Other income (2,119 ) (10 ) (2,230 ) (20 ) Other adjustments 6,595 6,486 10,776 10,725 Adjusted EBITDA (1) $ 1,791 $ (5,222 ) $ 2,918 $ (4,499 ) % Margin (1) 6 % (20 )% 5 % (14 )% (1) We define Adjusted EBITDA as consolidated Operating loss adjusted to exclude restructuring expenses, business combination transaction costs, unusual and non-recurring expenditures and non-cash compensation included within operating expenses, as well as the following line items presented in our Statements of Operations: Depreciation and amortization, Loss on disposal of assets, change in fair value of warrant shares liability and Other income. Alternatively, Adjusted EBITDA is calculated as Net loss, adjusted to exclude Provision for income taxes, Interest expense, net, Depreciation and amortization, Loss on disposal of assets, Change in fair value of warrant shares liability, Other income, and Other adjustments. We define Adjusted EBITDA margin as Adjusted EBITDA as a percentage of net revenue. We use Adjusted EBITDA and Adjusted EBITDA margin, among other measures, to evaluate the Company's operating performance. These measures are among the primary measures used by management for the planning and forecasting of future periods, as well as for measuring performance for compensation of executives and other members of management. We believe these measures are an important indicator of our operational strength and performance of our business because they provide a link between operational performance and operating income. They are also primary measures used by management in evaluating companies as potential acquisition targets. We believe the presentation of these measures is relevant and useful for investors because it allows investors to view performance in a manner similar to the method used by management. We believe they help improve investors' ability to understand our operating performance and make it easier to compare our results with other companies that have different capital structures or tax rates. In addition, we believe these measures are also among the primary measures used externally by our investors, analysts and peers in our industry for purposes of valuation and comparing our operating performance to other companies in our industry. Since Adjusted EBITDA and Adjusted EBITDA margin are not measures calculated in accordance with GAAP, they should not be considered in isolation of, or as a substitute for, operating loss or net loss, or net loss margin as indicators of operating performance and may not be comparable to similarly titled measures employed by other companies. Adjusted EBITDA and Adjusted EBITDA margin are not necessarily measures of our ability to fund our cash needs. Because they exclude certain financial information compared with operating loss, consolidated net loss, and consolidated net loss margin, the most directly comparable GAAP financial measures, users of this financial information should consider the types of events and transactions which are excluded. Expand


Business Wire
4 hours ago
- Business Wire
WOW Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of WideOpenWest, Inc. is Fair to Shareholders
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Travel Weekly
4 hours ago
- Travel Weekly
Sister brands Abercrombie & Kent and Crystal collaborate on luxury cruises
Abercrombie & Kent's expedition cruising division is partnering with its sister company, Crystal, to deliver A&K cultural sailings on Crystal ships. Starting with a pilot cruise in August 2026, the partnership will see Crystal ships host A&K's cultural cruises, featuring A&K's expedition team and shore experiences. Parent company A&K Travel Group said the collaboration is a "natural evolution of a vision to create the ultimate luxury travel ecosystem, combining A&K's six decades of exploration with Crystal's unparalleled onboard service excellence." A&K Travel Group acquired the Crystal brand out of bankruptcy in 2022, remodeled the ships and relaunched the luxury line in 2023. The inaugural A&K-Crystal voyage in August 2026 will be an Italy, Greece and Balkans 12-day sailing from Rome to Venice on the Crystal Serenity. The sailing will accommodate only 50 guests as part of the pilot program. The Serenity normally accommodates up to 740 passengers. The voyage, from Aug. 28 to Sept. 8, 2026, starts at $22,200 per person. Reservations are open. In 2027, A&K will offer six more cultural voyages, including Hong Kong to Yokohama, Lisbon to Portsmouth, a variety of Mediterranean routes and a Canadian itinerary, with capacity expanding to accommodate up to 125 guests per voyage. A&K's expedition team will accompany guests throughout the cruise (at a rate of one guide per 18 guests). There will be a choice of included shore excursions organized by A&K's global network of local specialists, daily recap sessions with canapes and drinks, and expert-led presentations. The first A&K-Crystal sailing will feature a visit to the Bay of Kotor in Montenegro. Photo Credit: Abercrombie & Kent Shore excursions for the inaugural cruise include a truffle hunt on a Sicilian farmstead, a pasta-making class in Bologna, hiking to the summit of Corfu's Mount Pantokrator, and a Blue Cave adventure in the Bay of Kotor, Montenegro. Guests will have VIP access to the treasures of Vatican City, Rome's Church of Saint Lorenzo and Ravenna's Domus of the Stone Carpets. There will be a lavish welcome dinner in Rome and a sendoff in Ravenna that A&K says will be "unforgettable." The trip will begin with two nights at the Anantara Palazzo Naiadi Rome Hotel. During the cruise, guests will stay in Crystal's Sapphire Veranda Suites -- or for solo travelers, in Aquamarine Veranda Suites with no single supplement. There will be access to up to eight restaurants and bars. Each cultural voyage will begin with two nights at a luxury hotel. Pre- and post-cruise land extensions will be available.