‘Media Landscape Perspectives,’ From Nexstar’s Eyes
The nation's leading broadcast TV station ownership group on Monday released a new investor presentation that highlights its perspectives on "recent events" impacting the media industry and their "positive impact" on both the broadcast television industry and the company's own business endeavours.
Weigel Seeks New City of License For Future TV Station
Weigel Broadcasting, the company behind the MeTV network and the owner of the CBS affiliate serving Milwaukee, has filed a petition with the FCC that seeks to adjust the Table of TV allotments — a change that would allow an unbuilt television station to shift its city of license to a small Wisconsin city bordering Shawano Lake.
Scripps Sports Forms A Broadcast Partnership With NHL Coyotes
With the demise of Bally Sports Arizona, the National Hockey League franchise that calls the Valley of the Sun home has scored a deal with The E.W. Scripps Co., which owns the ABC affiliate in Phoenix. It marks the third over-the-air sports rights agreement Scripps has signed.
NewsNet Parent Strikes Again With Hawaiian Twin Spin
Manoj Bharvaga and Vince Bodiford are at it again. Only, this time they've signed a pair of asset purchase agreements giving their Bridge News LLC ownership of full-power broadcast facilities on two different Hawaiian islands, pending FCC approval.
Roark, Mitchell Get New Roles at CBS
The news was shared with CBS News & Stations staff via an internal memo sent by Wendy McMahon. A copy was received by RBR+TVBR.
A Hip-Hop Radio Icon Gets A ‘MaxxCasting’ Boost
"Power 106" is "#1 for Hip-Hop," and has a 25kw facility atop Mt. Wilson. Because of terrain, reaching the Antelope Valley cities of Lancaster and Palmdale hasn't been easy. This will soon change for the Meruelo Media-owned FM, thanks to GeoBroadcast Solutions' MaxxCasting system.
Jerry Rogers Sells His Savannah FM To A Local Buyer
It's been a ratings success, and many of those Nielsen Audio victories for WRHQ-FM in Savannah, Ga., is tied to 50-year-plus market veteran Jerry Rogers, who became the afternoon host and Music Director of former Top 40 WSGA-AM and later purchased this FM. Now, Rogers is retiring ... and he's found a local buyer.
Audacy Chooses Grace Period On 2029 Notes Interest Payment
Audacy Inc. has shared that it "continues to engage in discussions with lenders to deleverage its balance sheet," while confirming that it has elected to use a 30-day grace period for a cash interest payment on its Senior Secured 2029 Notes — funds that were originally payable by the close of Monday.
Urban One Q1 Results Finally Arrive As Nasdaq Initiates Delisting
Late Friday, Urban One confirmed that a delisting process has begun on the part of Nasdaq. But, that could be for naught after all, as the company belatedly released its Q1 2023 earnings and supplied them to the SEC with the clock running out of time to do so.
FCC Gets Court Ultimatum On 2018 Quadrennial Review
Time is ticking for the FCC to complete its 2018 quadrennial review, or provide a federal appeals court a solid reason why it cannot — even after it has announced the start of its 2022 review, by law.
Carr and Starks Stay at FCC As Shutdown Fear Ends
With hours to spare, the federal government late Saturday averted a shutdown, with an overwhelming number of senators signing the legislation. The omnibus legislation’s passage put the wheels in motion on important confirmations of new terms to two FCC Commissioners.
J.D. Power Finds Streaming Customer Loyalty Dwarfs Cable
Between October 2022 and August 2023, J.D. Power gathered responses from 23,584 customers for its 2023 U.S. Television Service Provider Satisfaction Study. The study evaluated overall satisfaction based on seven factors to offer a comprehensive assessment of perceptions of current television service providers.
Diamond Pushing NBA and NHL Deal For Bally Bailout
Facing bankruptcy and a looming court deadline, Sinclair Broadcasting subsidiary Diamond Sports has proposed a significant cut in broadcasting rights fees to the NBA and NHL. The move comes as a desperate attempt to avoid liquidation and ensure its survival for at least another year.
Alpha Media Cleared For 100% Foreign Ownership
At the start of 2023, the FCC's Media Bureau received a Petition for Declaratory Ruling filed by the Portland, Ore.-based Alpha Media that would allow it to increase its foreign ownership stake to 100%. Public comment was gathered by Audio Division Chief Al Shuldiner. The radio station owner's plan has received Commission approval.
Barix Brings NFL ‘En Español’ To Life For The Niners
With the 2023-24 season underway, San Francisco 49ers fans have already enjoyed access to live Spanish-language game broadcasts. The en español play-by-play is thanks in part to Audio over IP technology, and a decision by the club to create a simple remote broadcast workflow for away games.