Ad Spend Is Slowing Down, GroupM and Magna Share
Adweek on Monday shared details of groupM's "This Year Next Year" global end-of-year forecast, just hours after MAGNA released its December 2022 update to its 2023 global prognostications. What's the key takeaway? The U.S. outpaced the rest of planet Earth in 2022. But, the totals groupM came up with were lower than what it projected six months ago.
Ed Markey’s OEM Plea For AM Radio
Does Ed Markey have enough influence to get the car and truck makers to say yes to ensuring kHz-based signals stay on OEM receivers in new vehicles. Given the growing removal of AM radio from EVs due to interference — caused by the cars and not by the signals themselves — that may be a herculean task.
A Debt Collection Notice Is Sent to an Auction 98 Winner
Seven years and four months after successfully bidding for a construction permit in Auction 98, the winning company failed to move forward. In 2017 its long-form application for the permit was dismissed. Now it is in receipt of a formal Order of Payment from the FCC demanding the downpayment it owes.
Exclusive: Two Parties Emerge As Potential Evoca Saviors
Evoca TV faces its biggest challenge to date: funding woes. It's working diligently to resolve them, CEO Todd Achilles shares. But, if that proves unsuccessful, Evoca TV "will discontinue operations and programming" on December 31.
BIA: Flat Year-over-Year Revenue Expectations
The 2023 U.S. Local Advertising Forecast has just been released by BIA Advisory Services, and now that all the numbers have been crunched, it has its prediction of just where media advertising revenues will be in 13 months. They'll be down by some $800 million.
Dish Squish: Cox Stations Blocked As Retrans Talks Sour
Add Cox Media Group to the list of broadcast television station owners that are presently engaged in a retransmission consent agreement impasse with a direct broadcast satellite company. This time, it involves Dish, and the "black out" sees each side, to little surprise, pointing fingers at one another.
For iHeartMedia, A Sliver Of A Huge Fine Will Settle Deceptive Pixel 4 Ads
In late January, the Attorney General of the State of Texas took action in response to what he perceived was a violation of the state's consumer protection laws. It involves Google, and iHeartMedia. Six other states followed suit, and the Federal Trade Commission got involved, too. Now, Google and iHeart are settling the matter, with the latter forking over much less than the digital Goliath.
Will DirecTV Soon ‘Black Out’ 26 FOX Properties?
A host of FOX Networks Group MVPD-distributed and broadcast channels will go dark at the end of Friday on a major DBS TV service provider, should a retransmission consent agreement fail to materialize. As such, the company's over-the-air FOX stations are at risk of being blocked — by law — from paying subscribers.
Could ‘Restructuring’ Come To Disney Media & Entertainment Distribution?
He'd been back for less than a day, but Bob Iger notified Disney employees via an e-mail on Monday of his intent to "restructure things." Could that further impact the division that houses the company's broadcast, cable and streaming media assets, which has already seen the exit of Kareem Daniel?
NASCAR Victorious In Ohio Broadcast Tax Fight
Did the state tax commissioner of Ohio properly subject broadcasts of NASCAR races in the Buckeye State to Ohio's commercial activities tax during an audit conducted between 2005 and 2010 — a tax that requires payments on a company's annual sales. No. The decision came from a Judge who happens to be the son of Ohio's Governor.
‘Hometown Stations’ Widen Their TV Broadcast Capability
Block Communications' "Hometown Stations of Lima" operation in the Buckeye State has expanded their station’s broadcast capability through the use of two NVerzion technology offerings in conjunction with equipment from Telestream and Grass Valley.
WBTV Meteorologist, ‘SKY3’ Pilot Perish in Helicopter Crash
A meteorologist for Gray Television's CBS affiliate serving the Charlotte market, along with the pilot at the controls, were killed on Tuesday as the helicopter they were flying in crashed into the southbound lanes of Interstate 77 in the southern part of the city.
FCC Approves TelevisaUnivision’s Deal With Latino Media Network
A Petition to Deny the $60 million sale of 18 radio stations to the newly formed Latino Media Network, which secured debt financing from an investment entity affiliated with Soros Fund Management LLC, has been denied by the FCC. This puts the wheels in motion on the deal's closing.
Bob For Bob: Iger’s Sudden Return Sparks Key Analyst Upgrade
The Walt Disney Company, in a surprise announcement, announced late Sunday that Robert Iger is returning to lead the entertainment and media giant as Chief Executive Officer. One key analyst immediately reacted by raising Disney's target price and stock rating.
Broadcast TV Leaders Can’t Stop Talking About Forecast
Now that it's concluded, Forecast 2023 presented by Radio Ink and RBR+TVBR is being lauded as the best one yet. Among the leaders raving about the event are Deb McDermott, Brian Lilly, DuJuan McCoy and event TV Chair Jordan Wertlieb. Didn't make it? We have the Forecast 2024 date locked in!














