the HOT List

The owner of Spanish-language radio stations such as WAQI "Radio Mambí" in Miami, acquired from TelevisaUnivision in 2022, has selected a new CEO. She'll join company founders Stephanie Valencia and Jessica Morales Rocketto "in scaling one of the largest Latina owned multi-platform audio and media companies to serve the Hispanic market in the U.S. today.

While the Q1 '23 results pleased the iHeartMedia C-Suite, a year-over-year revenue and adjusted EBITDA decrease was nevertheless seen. Oh, and there's the much bigger net loss. The good news is that the net loss was lower than what analysts anticipated, and audio/digital ads are on the rebound.

The nation's No. 1 owner of broadcast television stations has reached a "comprehensive multi-year distribution agreement" with the vMVPD and streaming video platform majority owned by The Walt Disney Company.

The 2022 Environmental, Social and Governance report for the broadcast media company that owns stations including flagship FOX affiliate WBFF-45 in Baltimore has been released. And, it details the publicly traded company’s ESG achievements in 2022 and progress toward its longstanding ESG goals and commitments.

First, it was KTLA-5 in L.A. and the Clippers. Then, it was Scripps Sports and the WNBA. Now, Gray Television has scored a game-changing broadcast rights agreement with the NBA and WNBA franchises serving Arizona.

The E.W. Scripps Co. is putting more fuel into Scripps News as it seeks to further attract audiences from not only over-the-air choices but also a reinvigorated NewsNation at a time when CNN and FOX News may each be at their most vulnerable.

An initial status conference in the TEGNA acquisition hearing in front of the FCC's Administrative Law Judge was held yesterday, and on Thursday an Order summarized what transpired. The big takeaway: After discussing timing issues with the parties during the status conference, the Presiding Judge ruled that the optimal course of action is to suspend this hearing proceeding until further notice. 

Unbeknownst to some, he was the Mayor of the City of Cincinnati in 1977 and 1978 and ran, unsuccessfully, as a Democratic candidate for Governor of Ohio in 1982. For most Americans, he's remembered for his genre-redefining television talk show, as a radio host and, a 2006 run on ABC's Dancing with the Stars. 

As the President and CEO of Cumulus Media sees it, the Atlanta-headquartered audio content creation and distribution company through the first three months of 2023 extended its track record "of strong operational and financial execution during challenging times." Challenging times, indeed. Cumulus' first quarter results weren't pretty. But, did they surpass analysts' forecasts?

With CEO Caroline Beasley "thrilled" to share Q1 2023 financial results that highlight "the significant success and growth" Beasley Media Group is seeing based on its strategy to leverage its local talent to build a growing digital platform, CFO Marie Tedesco provided specific details as to how strong the first three months of the year were.

The E.W. Scripps Co. has selected the VP/GM of its CBS affiliate in Missoula, Montana, a role he has held since January 2021, to take on similar duties at KMGH-7, the ABC affiliate in Denver that newly named SVP/Local Media Dean Littleton has been in charge of.

The owner of WISH-8 and WNDY-20 in Indianapolis, through his legal counsel at Bose McKinney & Evans, on Tuesday proved good to his word by filing an appeal of a U.S. District Court decision that presented a victory to both DirecTV and Dish Network, and dismissed twin racial discrimination claims filed against the digital broadcast satellite service providers.

“I’m very happy with the start of 2023 from both an operational and financial perspective," said Wade Davis, CEO of TelevisaUnivision, the world's biggest Spanish-language multimedia company.  He has an influx of Mexican Pesos to thank for the positive first quarter fiscal report.

“The Commission cannot continue to ignore its clear duty under the law,” said NAB President and CEO Curtis LeGeyt.

When it comes to U.S. cable television news networks, polarizing opinions have defined the difference between FOX News Channel and CNN in recent years. Today, however, each of the MVPD-distributed channels have one thing in common. Each of the network's most high-profile anchor-personalities have been dismissed by their respective employers.