Even With Peacock Losses, NBCU Adjusted EBITDA Surges
How did NBCUniversal perform, specifically, in the quarter ending September 30? OTT platform Peacock is increasing its paid subscriber count, but still saw losses. Still, that didn't put a damper on an adjusted EBITDA increase of 24.6% for NBCU.
NATPE Nixes Bahamas Conference As Bankruptcy Restructuring Continues
Just weeks after filing for Chapter 11 bankruptcy protection and noting that it had no intention of cancelling its two 2023 conferences, NATPE has backtracked by announcing that the event designed to replace NATPE Miami will no longer be held.
NewsNet Secures More Florida O&Os
The licensee funded and backed by company chairman Manoj Bhargava, the creator of 5-hour ENERGY, and led by CEO Vince Bodiford has agreed to purchase additional low-power TV stations in the Sunshine State, as part of its quest to bring its free-to-air NewsNet digital multicast network to more households.
A ‘FACT’-Focused Bill Gets Brendan Carr’s Thumbs Up
The third-ranking House Republican has teamed up with a Republican serving the Green Bay, Wisc., region in introducing legislation designed to counter the influence of China and other foreign adversaries on the United States' telecommunications infrastructure. That highly pleased the ranking Republican Commissioner on the FCC.
A Big Price Target Jump Awarded to Netflix
Just one week ago, Pivotal Research Group Analyst Jeffrey Wlodarczak raised Netflix's price target based on "moderately better than expected overall Q3 subscriber growth." At the time, he set a new $200 Year-End 2022 price target. You can erase that. Wlodarczak has significantly raised that estimate.
Report: Newsroom Contract Buyouts Come To ‘TOP
According to multiple reports, Hubbard Radio is initiating a Voluntary Separation Program for all full-time non-managerial staff who work in the newsroom at WTOP Radio — the nation's top-billing radio station. A staff memo was distributed on Tuesday by SVP/GM Joel Oxley, who did not immediately return RBR+TVBR's call seeking comment.
Corus In Fiscal Q4? ‘Meaningfully Lower Financial Results’
Corus Entertainment is a major player in Canada. It isn't immune to the recessionary economy and inflation, along with a highly deflated Loonie against the U.S. dollar, that has made its financial health a bit shaky. The company's fiscal Q4 results, released late Friday, were far from stellar.
ATSC 3.0 Trends and Advice, Shared By Heartland
The 2022 NAB Show and NAB Show New York are now history. But, Heartland Video Systems is relishing in the value of "a unique exhibit" it organized at the Las Vegas affair that offered lessons on technology integration associated with the voluntary rollout of the NEXTGEN TV digital broadcast standard.
Mission Failure: Retrans Tussle Blocks 26 Stations on DirecTV
Welcome to the latest retransmission consent battle, and it has led to the "blackout" of some 25 television stations licensed to Mission Broadcasting. To little surprise, each party is blaming the other for the impasse, which involves stations including the FOX affiliate serving New York's Capital District.
Third-Party Cookie Absence Would Cost Radio, TV Billions
Just how impactful are third-party cookies to the broadcast radio and television industry today? If they were eliminated with no privacy-preserving alternatives, 6.3% of all radio and TV revenue would disappear.
Snap, Crackle, Flop: Social Media Firm Sees Sour Q3
Has the Snapchat app officially fallen by the wayside, with TikTok and Instagram far more front-and-center with both users and advertisers? That may not be the case based on its active user rolls. But, monetizing its audience is whole other matter, as can be plainly seen in a rather dismal third quarter earnings report released after Thursday's Closing Bell. In after-hours trading, Snap Inc. shares plummeted by more than 27%.
Cathy Hughes Dishes Enthralling ‘Radio Insights’ for NAB Show New York
Sponsored by Bloomberg, NAB Show New York kicked off the first of a two-day radio industry-focused track on Wednesday with a sold-out NAB members-only executive seminar at the Javits Center. The day's events included a trip to Bloomberg's state-of-the-art headquarters, and an inspiring conversation between Urban One's founder and Beasley Media Group head Caroline Beasley.
These Three TV Ad Categories Jumped In Q3
With the third quarter in the books, a TV advertising report from iSpot is now out. What were its key conclusions? Both estimated national TV ad spend and TV ad impressions during new-airing programming were down 5% year-over-year when compared to Q3 2021. But, three categories jumped from last year, even as the three-month period ending September 30, 2022 did not include the NBA Finals or the Summer Olympics.
Salem Strikes Again In South Florida With Second Deal
Two days ago, a transaction was announced that saw the publicly traded media company known for its Christian-themed and conservative talk programming acquire an AM in South Florida that was once a Radio Disney O&O and is presently an affiliate of Unanimo Sports, which is taking an all-digital approach. It turns out Salem Media Group wasn't done with its South Florida AM shopping spree.
FCC Head Supports Bills Aimed At Squelching ‘Foreign Propaganda’
A House Member has introduced legislation she believes will "ensure broadcasters accurately disclose the identity of foreign sponsors on airwaves and enable Americans to make informed decisions about the media they consume." A companion bill was introduced in the Senate, and Jessica Rosenworcel approves.













