Bright Mountain Media Dismisses Independent Auditor WithumSmith+Brown

What Happened
Bright Mountain Media, Inc. announced on its Form 8-K that it notified WithumSmith+Brown, PC it will no longer retain Withum as its independent registered public accounting firm, effective immediately on September 21, 2026. The dismissal was approved by the Audit Committee of the Board of Directors.

Key Details

• Dismissal effective date: September 21, 2026.
• Audit Committee approved the dismissal.
• Withum’s audit reports for fiscal years ended December 31, 2025 and 2024 contained no adverse opinions or disclaimers and were not qualified, but each included an explanatory paragraph about substantial doubt regarding the Company’s ability to continue as a going concern.
• During the two most recent fiscal years and through September 21, 2026, there were no disagreements with Withum on accounting, disclosure, or audit scope, and no “reportable events” as defined under Regulation S-K.

Why It Matters
A change in independent auditor is a material corporate event investors monitor because it can affect financial reporting and audit continuity. Bright Mountain’s disclosure confirms no unresolved disagreements with the prior auditor, but investors should watch for the Company’s next steps (appointment of a new auditor) and for any future audit report changes that could affect confidence in the company’s financial statements.