Radio & Television Business Report

Gray Media is on a buying spree, and after agreeing on August 1 to acquire Block Communications, Inc.'s television stations, it has struck an agreement to acquire Allen Media Group's broadcast TV properties in 10 markets. The transaction involves properties across 10 markets.

Until June 2024, she spent more than two decades at WBZ-4 in Boston. Now, Paramount Skydance attorneys may be heading to a Massachusetts federal district court to discuss whether or not the CBS O&O engaged in two forms of discrimination when it parted ways with a veteran female news team member.

For Nexstar Media Group, "strong expense management" helped cushion a 9% year-over-year advertising revenue decline in Q2. The great news for investors? Nexstar beat analysts' forecasts on earnings per share and revenue in the quarter.

Paramount Skydance Corporation is officially the owner of CBS News & Stations. It is trading on the Nasdaq GlobalSelect market as "PSKY," and as of 3:35pm Eastern was down by 2.2% from its inaugural $11.65 price. That still doesn't sit well with the lone Democrat who serves as a FCC Commissioner.

“Sinclair delivered solid second quarter results, successfully navigating a challenging macro-economic environment." That's the assessment of Sinclair Inc. President/CEO Chris Ripley as the publicly traded company fueling the push toward ATSC 3.0 adoption released its Q2 2025 financial report card on Wednesday afternoon.

Two radio stations serving the City of New York, an AM to the east on Long Island, a big AM serving the Midwest, and one of the biggest Rock stations in the U.S. are the five finalists for "Legendary Station of the Year," as the NAB on Thursday announced its list of nominees for the 2025 NAB Marconi Radio Awards. 

It was a quarter in which the earnings per share fell short of analyst estimates by a penny and revenue was a few thousand dollars below analyst forecasts, too. How can Saga Communications get out of the doldrums with its future quarterly revenue reviews? "We have to sell our way out," says CEO Chris Forgy.

The owner of broadcast radio stations and the Westwood One national radio unit "continued to outperform" its radio peers in the quarter, gaining market share across all broadcast spot revenue channels. Did that translate to net income growth for a fiscally strained company whose Over-the-Counter stock is trading at $0.17 per share?

With radio stations across the nation operating under the iHeartRadio banner, Bell Media has followed the lead of industry peer Stingray by reporting digital and ad technology growth as a big revenue generator in the latest fiscal quarter. Of course, CTV, TSN and the Crave app had much to do with the gains.

The operator of an unlicensed radio station targeting the growing Dominican segment of the Spanish-speaking population in Northeastern Pennsylvania has entered into a Consent Decree with the FCC, ending its investigation into his illegal broadcasts. A small "voluntary" U.S. Treasury payment is part of the agreement.

What does Warren Buffett know that we don’t? The Berkshire Hathaway Chairperson between July 31 and August 4 snapped up millions of shares of Sirius XM — in the news thanks to a report in a tabloid suggesting Howard Stern's 20-year run as a host could be concluding when his contract expires later this year.

While Amazon Prime may be a draw for some subscribers for its exclusive live sports offerings and feature films, rather than its original scripted series, one thing is for certain: it has gained nearly 30 million paid subscribers in the U.S. in the last five years.

In what could be its last second quarter earnings report, Fubo, which is being acquired by The Walt Disney Co., delivered results that exceeded both its subscriber and revenue guidance. This led investors to snap up shares in the "Sports First" vMVPD, bringing it closer to a new year-to-date high.

"By 2030, the agencies that win won’t be defined just by the tech they use, but by the culture they build," says the CEO of the 4As. "While AI will undoubtedly reshape how agencies work, culture will determine where people work, who stays, how bold ideas come to life and play a role in how clients evaluate agency relationships."

Here's an intriguing question asked by Borrell Associates to local ad buyers in its Spring 2025 survey: Which is not on advertisers' Top 10 list of most effective media? The choices are Streaming Audio; Direct Mail; Cable TV; and Radio.

If your radio or TV brand isn’t co-creating with Gen Z, it’s falling behind. That's the same situation for CMOs seeking to grow their products or services. "That is not a provocation — it’s a survival strategy," says advertising services firm BeautifulBeast,  which has produced a report that finds Gen Z isn't part of the conversation. Rather, they are the conversation.