the HOT List

After what the Miami-headquartered company calls its "careful consideration and a thorough review of the circumstances" surrounding the sale of its Mega TV operation to Voz Media, the $64 million transaction — agreed upon by both parties on February 9, 2023 — has been terminated.

An ad dollar shift to streaming and online advertising is not expected to ebb when it comes to the Automotive sector. That's a key takeaway from a live data-filled session from Patrick Manzi, Ph.D., of the National Automobile Dealers Association (NADA). But, that doesn't mean Radio and Television are losing out on the billions of dollars in ad dollars from automotive.

Following a career that began nearly 70 years ago in 1954, Fox Corporation and News Corporation announced today that Rupert Murdoch is stepping down as chairman of each board, effective as of the upcoming Annual General Meeting of Shareholders of each company in mid-November.

Just like non-Latinos, U.S. Hispanics are "undeniably drawn to streaming" as Spanish- dominant Hispanics continue to embrace broadcast television. That's the key takeaway from a new research report from Nielsen that puts a focus on how Latinos consume audio and video content.

When Good Karma Brands spent $15 million for the broadcast homes of ESPN Radio in Los Angeles and Chicago, and WEPN-AM 1050 in New York, it also obtained the LMA agreement that put ESPN Radio on 98.7 MHz in New York. According to the New York Post, WEPN-AM will again become the home for ESPN Radio come August 2024.

Throughout his career, respected media industry financial and advertising trends analyst Brian Wieser has either made or picked up on several observations regarding what drives TV consumption beyond the relative appeal of specific content to groups of consumers. Most specifically, six observations come to mind.

Legislation has been introduced in both the House of Representatives and U.S. Senate, if passed, would prohibit advertising networks and facilitators from using personal data to target advertisements. Could the legislation win over Republicans in the House, however?

With the early Sunday confirmation that Nexstar stations airing NFL games on Sunday afternoon would be back first for DirecTV customers, ahead of full restoration, one of the ugliest retransmission consent battles in recent years has come to a conclusion after 2 1/2 months. However, 27 stations Nexstar operates via a shared services agreement remain absent from DirecTV.

Is Disney CEO Bob Iger in active discussions to sell ABC? No. But, Nexstar Media Group and Allen Media Group have each submitted offers, while Disney says it is “open to considering a variety of strategic options" for its linear businesses.

Days before David Kenny relinquished his CEO duties, giving them to company veteran Karthik Rao, privately held global marketing research, data analytics and audience measurement giant Nielsen agreed to resolve allegations of systemic race-based hiring discrimination in both Dallas and San Antonio, as identified by the U.S. Department of Labor.

Of all of the discussions had on Thursday at the Television Bureau of Advertising (TVB) Executive Summit, held in the famed Studio 8H of 30 Rockefeller Center, there is perhaps one that sticks out in terms of importance — and for being the TV industry's biggest challenge: Measurement.

In 2020, after two decades at Nielsen, he rose to COO. Now, this longtime audience measurement, data and analytics thought leader and C-Suite executive has ascended to the Chief Executive Officer post, succeeding David Kenny.

MAGNA's fall 2023 U.S. ad forecast update was released Thursday morning just as the TVB Forward Executive Summit was starting in New York's famed "30 Rock." While the news is good for Digital, the outlook for traditional media is hardly as upbeat as the tunes Carrie Underwood song performed for "TODAY" just as ad industry leaders were ready to chat for TVB attendees inside Studio 8H.

To get the inside scoop what’s being discussed at the TVB Forward Executive Summit and to get a sneak peek at the Virtual Forward Sales Conference designed for account executives and sales managers being held on September 21, RBR+TVBR Editor-in-Chief Adam R Jacobson took a moment to speak with longtime President/CEO Steve Lanzano in this InFOCUS Podcast, presented by dot.FM. LISTEN HERE

It's been established that Sen. Maria Cantwell, the Democrat from the state of Washington, wants retransmission consent rules extended to virtual cable TV service providers. Broadcast TV companies want this, too. For pro-MVPD lobbyist the American Television Alliance, that's the last thing the U.S. needs, it has told Members of Congress.