Nexstar Slams FCC Over Proposed WPIX-Linked Fines, Divestitures
The nation's No. 1 owner of broadcast TV stations on Monday afternoon filed its response to the FCC’s proposed fine linked to the company’s relationship with WPIX-11 in New York. "We will not be issuing any additional statement regarding the filing, which we will let speak for itself," a company spokesperson says.
Beasley Shares Shifts To New Nasdaq Market
Beasley Media Group's stock has moved from the Nasdaq Global Market to the Nasdaq Select Market. For shareholders, the move was designed to be largely transparent. And, it gives the company more time to meet Nasdaq's $1 minimum valuation and regain rule compliance.
Scripps Confirms The CW Will Leave Seven Of Its Stations
Seven DMAs where The E.W. Scripps Co. presently offers The CW network as a local over-the-air offering via one of its broadcast signals will soon be parting ways with the Nexstar Media Group-owned offering, RBR+TVBR has confirmed.
A Q1 Results Reveal Showdown Coming In May
On April 3, Townsquare Media said it would release its Q1 2024 results on May 9 and hold an 8am Eastern conference call. It's now known that Townsquare will be competing for analysts' attention with iHeartMedia, which has scheduled its own call at the exact same time.
Estrella Media Sells Content, Digital Operations To Hot 97, WBLS Owner
“This leverages the strengths of two great companies to build something new,” said Deb McDermott, known for her role as the head of Standard Media. She will serve as Chair of MediaCo. To be clear, the $120 million transaction does not involve an asset purchase agreement ... yet.
Two House Democrats Share Concerns Over Sports Streaming JV
The Ranking Member of the House Judiciary Committee, and a colleague representing San Antonio, have sent a letter to Bob Iger, Lachlan Murdoch and David Zaslav — the respective leaders of Disney, FOX and Warner Bros. Discovery — to share their worries over "Hulu for Sports."
A 50-Year Career In Radio Ends April 29
The morning host of a Cumulus Media radio station, who joined the FM in 1974 under Capital Cities Communications ownership and has been there ever since its switch to Top 40 from Beautiful Music, has announced his retirement.
BIA Releases Latest Hispanic Radio Station Directory
Included are nearly 2,000 commercial and non-commercial AM and FM stations in over 100 different formats that appeal to various Hispanic target segments. A companion report accompanies the directory and features proprietary analysis into the Hispanic radio market.
Family Life Radio Parent Rebrands
The parent ministry for Family Life Radio, a network of Christian non-secular broadcast stations led by President/CEO Evan Carlson from its Tucson headquarters, has changed its name. The rebrand has been done to reflect how the ministry "goes beyond radio."
Norsan Media Grows With Austin Transaction
Just days ago he was seen chatting in Spanish with Amador Bustos at the Encore in Las Vegas while attending the 2024 NAB Show. Now, Norberto Sánchez and Norsan Media CEO Natalia Alvarez are celebrating the addition of radio properties in the capital of the Lone Star State.
‘VOICES’ Minority Tax Certificate Act Gets D.C. Revival
In the 117th Congress, a Democratic Senator from Michigan introduced legislation that would require the FCC to take certain actions to increase diversity of ownership in the broadcasting industry and establish related tax incentives. It languished. Now, the 118th Congress is trying again.
Nueva Network Adds Digital, Streaming Offerings With Zeno
It launched in 2021 as an independently owned Spanish-language audio network under the leadership of José Villafañe. And, growth has come swiftly in a highly competitive marketplace. Now, Nueva Network has launched a digital platform that brings a digital footprint to its content.
Xperi Inc. Addresses Rubric Capital’s Hostile Quest For Control
This year has been largely successful for Xperi Inc., parent of DTS AutoStage, HD Radio and TiVo. Rubric Capital feels otherwise and seeks to replace half of Xperi’s independent board directors. Xperi on Wednesday addressed this "puzzling campaign" by firmly dismissing Rubric's effort.
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Laughlin Agrees To Shed La. FM Translator
Many people across the radio broadcasting industry are familiar with George Laughlin for his role as Chief Executive Officer of radio programming syndication company YEA Networks. However, Laughlin is also the owner of Dallas-based GAP Broadcasting, which is agreeing to part ways with an FM translator in the Bayou State.
An Open Call for Local News Coverage Funding
It describes itself as a "$500 million movement to reimagine local news." Coming April 30, it will begin accepting applications for its first open call for funding focused on addressing what it believes are "the long-standing inequalities in journalistic coverage of underserved communities."
A Non-Conservative Commitment To Spot TV
The latest Media Monitors Spot Ten TV reports are out for broadcast and cable activity by spot play count for the week ending April 21, and it shows that the auto insurance category remains a hot one.
Indiana Fever and TEGNA Ink Broadcast Partnership
Given the fandom seen by Caitlin Clark as a collegiate superstar at the University of Iowa, Indiana Fever fever will most certainly start gripping the Hoosier State. TEGNA has responded to this by signing a deal giving fans broadcast coverage of upcoming games.
Study: Workers Don’t Want to Be Fully Remote
In an age where people in broadcast media, depending on their roles, can work from anywhere there is an internet connection, Resume Builder has uncovered an intriguing desire among those in the overall workforce: they want a hybrid work environment, at the very least.
‘Real World’ Media Events Flourish In GenAI Times
GenAI and game engines are transforming content creation and production in the TV industry, Yet, activism is also growing in the media sector, with the industry facing pressure from activist shareholders and writers’ strikes protesting streaming royalties and new technologies.
These are some of the key findings in Arthur D. Little’s State Of The Media Market 2024 report, an annual analysis of the global trends impacting the media, sports, and entertainment sectors.
What’s The Biggest Blocker To Transformation?
The media and advertising landscape is in its next phase of its evolution as global media leaders now look to data, AI and a more collaborative client-agency approach to navigate an era of rapid change and drive efficiencies in transformation. Yet, one obstacle stands out.
In Albany, State OKs Journalism Jobs Tax Credit
For those seeking legislative action that can help resuscitate an anemic business climate for those in the local journalism business, perhaps an eye on the Empire State should be given. Gov. Kathy Hochul has given her thumbs up to a first-of-its kind tax credit for jobs in the journalism field.
Vizrt, EVS Extend Strategic Technical Partnership
The new collaboration integrates Vizrt’s expertise in automated production tools with EVS’s capabilities in live broadcast technology, aiming to deliver an out of the box solution for both ingest and automation-based playout, the companies say.
New Linear Acoustic AERO Television Processors Arrive
These products are the direct replacements for the AERO.10, AERO.100, and AERO.2000 offerings from Telos Alliance, which are being deprecated. The new offerings were front and center at the Telos Alliance booth during the 2024 NAB Show in Las Vegas.
‘Product of the Year’ Honors Revealed By NAB Show
The NAB has recognized and celebrated what it considers "the most significant and promising new products being exhibited" at the 2024 NAB Show, which concludes Wednesday at the Las Vegas Convention Center. Among the honorees are Super Hi-Fi, Telos Alliance and Dielectric.
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