Friday, March 13, 2026

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Madison & Wall: Ad Revenue To Rise On Good Economic Trends

Don't let the glum spending habits of today cloud what's to come. For Brian Wieser and Luke Stillman of Madison & Wall, it's "so far so good, with meaningful risks" for the economy. That's why they are raising their U.S. advertising forecast again. But is the upward momentum absent of broadcast media?
Ernie Anastos

Iconic N.Y. Local News Anchor Ernie Anastos Dies

He spent 11 years as an "Eyewitness News" anchor, and later helmed local newscasts for the CBS and FOX-owned stations serving the New York market. He was also heard on the radio, at WABC-AM. Now, many across the region are pausing to remember Ernie Anastos, who has died at the age of 82.

A Softer Saga Sees Impairment Charge, Music Licensing Costs

Saga maintains "the most pristine balance sheet" in the business, CEO Chris Forgy said to open the company's Q4 and full-year 2025 earnings call. That's not to say challenges do not persist, as the fourth quarter was one in which a wider net loss was seen.

UPDATE: Gray Responds With Fury As Dish Dumps Channels

Gray Media-owned television stations whose viewers rely on Dish for their local channels are now prevented from accessing any Gray-owned property. Blame it on the latest retransmission consent impasse to impact consumers.

Smullin Sells Its Stake In KPIC To Sinclair

The Smullin family's South West Oregon TV Broadcasting Corp. has struck a deal that will see Sinclair Inc. fully acquire a full-power property and four associated TV translators serving Douglas County, Ore., for nearly 70 years. The deal comes four years after a transaction in Eugene, Ore., involving Cox Media Group.
Bank of America logo

Bank Of America Lends A Hand To Nexstar

One of the nation's largest financial institutions, home to veteran media industry analyst Jessica Reif Ehrlich, has reportedly teamed with other undisclosed banks in launching a leveraged loan to assist the nation's largest single owner of broadcast television stations in its quest to acquire TEGNA.

Five Morgan Murphy Stations Blocked In Latest Retrans Impasse

Welcome to the latest retransmission consent negotiation to result in the removal, by law, of broadcast television stations from a MVPD — this time frequent "blackout" artist DirecTV. Sticking to its guns is the Wisconsin TV station ownership group founded with a newspaper in 1890 that remains family-controlled today.
CUMULUS MEDIA Stacked

Private Eyes: Cumulus Won’t Be Public Post-Bankruptcy

Cumulus Media's days as a publicly traded broadcaster are at an end. The company's prepackaged Chapter 11 bankruptcy plan lays out a reorganization that wipes out current shareholders entirely, sees an entirely new board, and could lead to new executive leaders.

Stormchaser Suits Drag Radio, TV Companies To Court

In recent years, Global Weather has emerged as a frequent plaintiff in copyright infringement lawsuits over alleged unauthorized use of its extreme weather footage. Two radio broadcasting companies are the latest to be sued by the entity linked to such "storm chasers" as Aaron James Jayjack.
Frank Lopez-Balboa

A ‘Complex’ Chapter 11 Case for Cumulus Arises In Houston

In court filings, Cumulus Media stated that "emergency consideration" be granted as executive leadership believes "an immediate and orderly transition into chapter 11 is critical to their ability to reorganize successfully." Any delay "would have the opposite effect and could cause immediate and irreparable harm."
E.W. Scripps Company

Scripps Acquires An ABC Affiliate in Bluegrass State

The ABC affiliate serving the Lexington, Ky., market is being sold by Morris Network Inc. Who's the buyer? It is the Cincinnati-headquartered broadcast media company whose flagship TV station is the home of ABC network programming in the Queen City, some 90 minutes to the north.

Carr Driven: NAB Ignites America 250 Campaign

However one interprets the FCC's creation of the "Pledge America Campaign," the NAB has made sure it is considered to be a top resource when it comes to content via "a nationwide, year-long effort to celebrate the essential role local radio and television stations play in recording history and connecting communities. "

A St. Louis AM Shuts Down as Capitol Hill Bill Languishes

Despite overwhelming support in both the House and Senate, the AM Radio for Every Vehicle Act is stuck in a quagmire. Automotive industry lobbying to block a vote on the "mandate" appears to be doing the trick. At risk is the loss of a local voice for consumers. That's just happened in the Gateway to the West.

NAB Crystal Radio Award Winners Announced

The 10 winners of the 39th annual NAB Crystal Radio Awards have been announced at the 2026 NAB State Leadership Conference, being held at the Salamander in Southwest Washington. The honorees include a heritage Class B Rocker one can tune to here, even thought it is licensed to Baltimore.
TEGNA CEO Mike Steib

TEGNA Expects Nexstar Merger Closing By July

Tysons, Va.-headquartered TEGNA made the declaration as part of its distribution of its fourth quarter and full-year 2025 results, which saw the company led by CEO Mike Steib achieve or exceed all previously announced full-year guidance.