Broadcast News

The Global Chief Revenue Officer of DAZN and DAZN USA's President, along with a Soros Fund Management executive, have been named to the Board of Directors of Audacy, the audio content creator and distributor that is now majority controlled by SFM.

The debt restructuring plan Beasley Media Group announced in March is complete, with the company exchanging nearly all of its Second Lien Notes for new paper due 2027, which Beasley expects to clear the going concern opinion from auditors with its 2025 earnings.

She has been a Director of Entravision Communications' board since October 2023 and also serves as a director of technology and data science firm MediaAlpha Inc. Her resume also includes a stint as Chief People Officer at Snap Inc. Her role on Entravision's Board of Directors will soon be coming to its conclusion.

Independent software platform Innovid, used for ad creation and for delivery, measurement, and optimization purposes, has brought "Conversion" signals to its "Harmony" product — an enhancement designed to give publishers and platforms the ability to optimize in real time against actual business outcomes.

Thrilled about Daniel Jones' performance on Sunday, or thoroughly disappointed by Russell Wilson, Tua or those J-E-T-S? DraftKings knows many have been pulled into the always-magnetic NFL season already, and to attract those fans and perhaps those of college football, it stepped up its Spot activity last week.

If you're a shareholder of The E.W. Scripps Co. and you've been a bit unhappy with the broadcast television station owner's share value in recent months, you may have a reason to cheer. That's because Monday's trading on the Nasdaq put "SSP" on track for its return to values above $3 per share.

As RBR+TVBR reported before the Christmas holiday, SBS has taken over KROI-FM in Houston. Additional details on how it was finally able to complete a deal announced in April 2023 were made in an SEC filing by the Miami-based company founded and led by Raúl Alarcón Jr.

When the billion-dollar transaction closes, Rogers will be the largest owner of MLSE with a controlling Interest of 75% in the entity that owns the Toronto Maple Leafs and Toronto Raptors. Meanwhile, the deal will provide Bell with the opportunity to renew its existing MLSE broadcast and sponsorship rights long-term at fair market value, Rogers says.

Corus Entertainment Inc. has completed an agreement to amend its "Sixth Amended and Restated Credit Agreement" with its bank group, led by RBC Capital Markets and TD Securities, as co-leads, dated March 18, 2022, as last amended on May 30, 2024.

The bonus cash for TEGNA shareholders will be payable to shareholders of record as of the close of business on Friday, March 8. The announcement comes ahead of the broadcast TV station owner's Q4 2023 earnings release, scheduled for February 29.

Things are looking up for the world's top creator of Spanish-language audio and video content. Still, a loss in the hundreds of millions of dollars was seen by TelevisaUnivision in Q4 2023.  With a recent debt swap at a significantly higher interest rate, the pressure is on for CEO Wade Davis.

A fight over the legacy of Ted Rogers has formally concluded at Canadian mega-giant Rogers Communications, thanks to a private settlement between his descendants and the publicly traded company that bares his surname.

After a posted Q1 loss attributed largely to operating expenses tied to its OTT platform ViX, Spanish-language multimedia company TelevisaUnivision's investment appears to have already paid off, especially in Mexico.

Instead of a traditional quarterly earnings call, Netflix releases a video interview with key C-Suite members in which the previous quarter was discussed. For Q4 2022, a Bank of America Securities veteran media analyst will conduct the affair.

Nielsen Holdings has revealed that several groups of debtholders have amended the terms of previously announced cash tender offers. The key takeaway: The expiry date was extended to the Jewish Day of Atonement.