Sports

As Sports Viewing Evolves, Visibility Is Key

With Wimbledon now concluded, Kantar U.K. Commercial Director for Sport Andrew Brember couldn't help but notice the change in sports viewers’ behaviors and how events that were once broadcast on linear channels only are becoming available on all platforms and all screens, making cross-media audience measurement crucial to stay on top of the game. But, is the U.S. an anomaly?

NASCAR Xfinity Series Goes Exclusive With The CW

The Nexstar Media Group-controlled television network will be the lone place to view the NASCAR event, starting in 2025. It is a seven-year deal, which sees The CW broadcast 33 live NASCAR Xfinity Series races annually, along with practice and qualifying events each weekend.

Senate Commerce Committee Sends AM Radio Act To Floor Vote

The AM Radio for Every Vehicle Act of 2023, with no further debate or discussion and with wide bipartisan support, has been passed by the Senate Commerce Committee and is now poised for a full floor vote in the upper body of Congress. Interestingly, Sen. Gary Peters (D-Mich.) changed his vote to a 'No,' preventing S.1669 from passing unanimously.

It’s Now Networks Vs. Local TV Station Owners On Retrans

The nation's "Big Four" networks are being joined by Fubo, Warner Bros. Discovery, Roku and the two major Spanish-language television groups with the formation of a coalition that aims to upend swelling support to extend retrans to vMVPDs. It comes in response to the recent creation of The Coalition for Local News.

A Five-Year Global Entertainment & Media Outlook Arrives

Resetting expectations, refocusing inward and recharging growth. That's the key takeaway from pwc's just-released report offering perspectives from its Global Entertainment and Media outlook for 2023–2027. What does pwc have to say about broadcast media, in particular?
Spotify logo [Photo: Bryce Durbin]

Key Analyst Lowers Spotify Target Price As Shares Sink

Pivotal Research Group analyst Jeffrey Wlodarczak has lowered its price target for SPOT, which trades on the NYSE. For investors, that's bleak news, as it is even lower than where Spotify shares landed on Tuesday after a dismal trading session and subsequent Wednesday bounce-back.
Wayne Barr Jr.

Innovate Corp., Formerly HC2, Mourns Sudden Loss of CEO

He led the low-power TV licensee once known as HC2 Holdings that in August 2021 changed its name to Innovate Corp. as the successor to Philip Falcone. Now, Innovate is coping with the sudden loss of President/CEO Wayne Barr Jr., who has died.
Tom Carter

Nexstar Prepares For ‘Seamless Transition’ Of COO

On Oct. 1, 2020, he rose to President/COO with the signing of a new deal that concludes at the end of 2023. It is now known that Tom Carter will not be putting his signature on a new contract and will leave Nexstar at the end of 2023. His successor? The former President of Operations and Distribution at FOX.

Unauthorized Transfers Of Control Tied To WEQX Resolved

The FCC's Media Bureau has moved forward with the codification of an Order that adopts a Consent Decree resolving the unauthorized transfers of control of a trend-setting Alternative FM serving Southern Vermont and New York's Capital District. As such, the owner of WEQX is agreeing to resolve the issue civilly, and without a forfeiture.
Nexstar Logo

Hawaiian Telcom, Nexstar Reach Shaky Truce

On July 5, Hawaiian Telcom lodged a complaint against Nexstar Media Inc. with the Federal Communications Commission. Nexstar wanted that completely removed before a deal was made. The two appear to have come to a solution on the terms.
Comcast Logo

Comcast Renews Nielsen Deal Despite NBCUniversal Unease

TV and broadband behemoth Comcast Corporation has decided to renew its deal with media measurement titan Nielsen, in spite of its past reservations. This updated multi-year agreement allows Nielsen to continue licensing Comcast's proprietary return path data, which is significant for several reasons.
Radio Waves

FCC Rules On LPTV’s Right To Survive On FM Band

Certain low-power television stations have, since the 1980s, offered local radio content that could be accessed at the lower end of the FM dial. Now the FCC has issued a decision on whether that will continue in the digital TV era.

Subscriber Surge, EPS Street-Beat For Netflix In Q2

The second quarter 2023 financial results from Netflix arrived just after Wednesday's closing bell on Wall Street. Here's the good news: It blew past analysts' forecasts on net additions in Q2, but fell short on revenue. Still, adjusted net revenue for the OTT giant surpassed analysts' predictions.

Hawaiian Telcom Lobs New Accusations Against Nexstar

An agreement apparently reached in principle between Hawaiian Telcom and Nexstar Media Group to resolve a retransmission consent impasse was not finalized because, the MVPD says, it was presented "with new demands — to waive its claims that Nexstar acted in bad faith."

N.Y. Court Tells Nexstar To Pay DirecTV Over Carriage Flap

Nexstar Media Group has been ordered by a New York state-level court to repay direct broadcast satellite TV services provider DirecTV for fees associated with what is today an unaffiliated TV station branded as "DC News Now."