It owns and operates a collection of 11 radio brands, in addition to seven broadcast TV offerings and real estate holding company Loblolly. The media properties are overseen by Craig Jahelka, a 50-year industry veteran associated with Draper Media since April 2008. A plan has now been put in place to determine Jahelka's successor.
The Major League Baseball team based in the Tampa-St. Petersburg market that intends to stay there, once a new stadium agreement is finally reached, can celebrate another agreement of importance — it now has a limited over-the-air broadcast agreement in place with Hearst Television.
The average global consumer spent 8.24 hours per day with media in 2025, up from 7.62 hours in 2020, as ad-supported media accounted for 52.7% of time spent in 2025, down from a 55.5% share in 2020.