Nexstar Sees Cleveland Duopoly With Winston Deal
It already owns the FOX affiliate serving Northern Ohio's largest market. Now, Nexstar Media Group has signed an agreement that — pending FCC regulatory approval — will give it a duopoly with the acquisition of an independent television station licensed to Akron, Ohio, in a deal brokered by Kalil & Co.
An Iconic New Orleans TV Anchor Is Remembered
For more than forty years, he was a familiar face to morning news views of TEGNA-owned WWL-TV in New Orleans. On September 18, he stepped away from the station after revealing that he was recently diagnosed with a "fairly aggressive" form of cancer. On Saturday, Eric Paulsen passed away. He was 74 years old.
Nexstar Shares Climb To Highest Value Since Early August
The nation's No. 1 owner of broadcast TV stations already enjoys the highest valuation of any publicly traded media company on the stock market. Now, Nexstar Media Group can revel in the fact that it has pushed its stock price back to a level last seen in early August.
Tedesco To Retire As Beasley CFO
Three decades of service as Beasley Media Group's Chief Financial Officer will conclude at the end of October for Marie Tedesco, as the publicly traded radio station owner in markets such as Tampa-St. Petersburg, Boston, Detroit and its home of Fort Myers-Naples has revealed her successor.
Broadcast Media’s Forecast In a Digitally Focused World
Looking for what promises to be a realistic, no-holds-barred analysis of the current and future value of broadcast assets? A Forecast 2025 panel discussion to be moderated by someone with leadership experience in both radio and TV is just the place you'll want to be.
Former Scripps Executive Larry Leser Dies
The individual who served in the role today held by Adam Symson between 1985 and 1998 has died at the age of 89. Larry Leser is being remembered by many across the industry, including former Scripps head Rich Boehne, who calls Leser "a brilliant strategist, decisive and never afraid of taking risks.”
Big Chill, Or Grand Opportunity? Dealmaking Insights From An Icon
In September 1992, Chilmark Partners teamed with Sam Zell in investing some $127 million in Jacor Broadcasting. The dollars turbo-charged what is today a foundation of iHeartMedia, making Chilmark Managing Principal David Schulte an expert on how private equity and restructuring expertise has impacted the media sector. Schulte will share his insights at Forecast 2025 on November 13.
Len Berman To Anchor First-Ever Marathon Radio Coverage
For many years, the New York City Marathon, one of the world's most revered 26.2-mile running challenges, has enjoyed extensive live television coverage on WABC-7. Come Sunday, the event now sponsored by TCS will have its first-ever live radio partner, and veteran sports commentator Len Berman will anchor all of the audio action.
Jimmy Fallon To Help Usher In Xmas For Sirius XM
Satellite and app-based audio content creator and distributor Sirius XM has unveiled its annual extensive holiday music channel lineup, with some 26 dedicated offerings available either in-dash or exclusive via its streaming services. Among the new offerings is a channel hosted by the host of "The Tonight Show" on NBC.
Another Radio Tower Topples, This Time In Missouri
The owner of a Class D AM radio station serving the Southwest Corner of Missouri and towns near Joplin is coming to terms with the collapse of its 75-year-old radio tower, and what to do next.
A Challenging End To Fiscal 2024 For Canada’s Corus
"We have made significant progress on our plan to create a more sustainable future following challenging industry wide conditions and increased competitive intensity this past year." That's what Corus Entertainment co-Chief Executive Officer Troy Reeb said as total fiscal Q4 revenue was off 21% year-over-year while profits dipped by 9%. The Radio segment had a particularly difficult quarter.
Air Talent, Music Director Jen Myers Loses Cancer Fight
As "Jen Myers," she was a key air personality for "Y98" in St. Louis and began her career some 25 years ago in Buffalo. In 2022 she stepped down to focus on fighting breast cancer. That battle concluded on Thursday.
Don’t Get Spooked: Halloween Ghouls To Scare Away Forecast Early Bird
We don't mean to scare you, but when the ghosts, goblins, and monsters come out on Halloween, it's going to frighten away the early bird bringing the discounts to Forecast 2025. Lock in your seat now before registration rises to its full price on November 1.
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El Sembrador Gets A Spirited FM On California Central Coast
A Class B1 noncommercial FM signal that serves northern Santa Barbara County and much of the Five Cities of southern San Luis Obispo County is being sold by the broadcast ministry behind the "RadioU" Christian Rock network. Who's the buyer? Look no further than Noel Díaz.
Pepperoni, Pistons and Toothpaste: That’s The Spot
What do pizza, NBA action and dental care have in common? Brands representing each of these subjects dished out the dollars for a significant number of spots that aired last week on Spot Cable, the latest data from Media Monitors show.
Winemiller Signs Off On Two LPTV Spin Deals
Jeff Winemiller and his Lowcountry 34 Media are at it again when it comes to buying and selling low-power television stations. This time around, the entrepreneur has signed off on two agreements that involve facility sales. One of the buyers is HC2 Station Group.
Rogers Q3 Results Fall Short Of Street Expectations
Canada's largest multimedia company, owner of radio stations including flagship CHFI-FM in Toronto and an array of broadcast and cable brands including CityTV, SportsNet and CityNews, has released its third quarter earnings report for fiscal 2024. And, its earnings per share fell short of analysts' estimates by some 14%.
U.S. Media: Have We Hit Bottom Yet?
"Downward stock moves have gone hand in hand with negative earnings revisions," notes MoffettNathanson analyst Rob Fishman. "The media landscape has grown bleak, and most media stocks have seen a similar picture." Yet, Fishman asks, for all the negativity out there, "Is it possible we have hit a bottom?"
Even With OTA Live Sports Boom, Streaming Access Matters
As younger audiences gravitate toward streaming platforms, sports media companies must adapt to the growing demand for streaming options and on-demand content to remain relevant. That's the key insight offered to TV station owners seeking to grow revenue and audience share through live sports programming from a new study released by Harker Bos Group.
For Speaking With Clarity, Check Your Jargon At The Door
In Rosemary Ravinal's view, the truth is that many bosses use jargon-filled language to conceal their weaknesses or fears. Yet, she says, no amount of colorful language can compensate for the lack of leadership and know-how.
FCC To Review MVPD, Cellular Provider Customer Support
A formal proceeding launched Wednesday by the Commission will offer a "QC" checkup, if you will, of the customer service providers of cable, broadband, satellite TV, and voice services give their customers. A new Notice of Inquiry seeks information on current customer service practices and is designed to benefit consumers.
StreamGuys to Accentuate Monetization in New Webinar Series
The new Level Up with StreamGuys series intends to send the message that proven strategies to monetize streams exist today, the opportunities are flexible and vast, and that help for ensuring success is easily accessible.
PPDS Master Showroom Comes To N.J., Its First In North America
PPDS, the exclusive global provider of Philips Professional Displays, has officially opened a new state-of-the-art, PPDS Master Showroom in Northern New Jersey — its first in North America. The 2,368 ft² PPDS studio opens new opportunities to grow its sales stateside, adding to its strong customer base in Europe.
IBC Launches 2025 Accelerator Program
IBC has put out a Call for Challenges for the 2025 Accelerator Media Innovation Program, inviting proposals for "transformative, fast-track innovation projects that will help shape the future of the media and entertainment technology sector." The deadline for submissions is December 6.
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