Company Summary

The provided excerpt does not include specific details about the company's operations, such as the number of customers, employees, revenue, or income. It focuses primarily on the corporate governance structure, board members, recent transactions, and ownership rights.

Key points from the information:

• Recent Transaction: On April 17, 2024, MediaCo completed the purchase of substantially all assets of Estrella Broadcasting, Inc., and its subsidiaries (excluding certain broadcast assets). This involved a transaction with Estrella, Estrella's subsidiaries, and an affiliate of HPS Investment Partners, LLC.
• Ownership & Board Rights: MediaCo entered into a shareholders’ agreement with SG Broadcasting and HPS Investment Partners, granting HPS the right to designate up to three individuals for election to the Board of Directors.
• Board Composition: The Board includes several directors with backgrounds in media, investment, and private equity, with recent additions aligned with the transaction with Estrella.
• Corporate Governance: The company emphasizes high ethical standards, adherence to governance policies, and diversity on the Board.

Note: No information about the company's specific business operations, financial metrics, customer base, or employee counts is provided in the excerpt.