$BBGI —
Q2: CBO said political was already >25% booked, with five states “aligning perfectly.”
Q3: full-cycle political came in $4.2–4.5M, below target; of those five, only Michigan actually delivered (Detroit alone: $2M+, ~half the company total).
Two Q2 proof points worth ~$6M in closed business, gone, no mention.
Delivered: digital operating margin hit a record 32% (from ~26%) despite a $1.4M same-station digital revenue decline; local direct grew 7%; $10M+ in asset-sale proceeds cut first lien debt to $3.6M.
#TheGapReport