Gray Goes Forward With Senior Note Offering
On October 20, RBR+TVBR reported that Gray Television is amending and restating its senior credit facility while concurrently seeking an additional incremental term loan valued at $1.5 billion. The broadcast TV station owner plans to use the funds to help pay for its merger with Meredith Local Media. On Monday, Gray had more to say regarding how it will handle the final bill for those Meredith television properties.
Country Corralled In NYC As Throwbacks Arrive
Audacy Inc., which one week ago gained attention in San Francisco for saying goodbye to the Alternative format after 35 years with a change at KITS-FM to Adult Hits, has just said "Bye, Buckaroos" to the only Country music station covering the Big Apple and the majority of the New York Tri-State area.
NAB To FCC: We Want a Better Reg Fee Process
How can the FCC improve the regulatory fee process for broadcast licensees of radio and television stations? The NAB has some suggestions, and offered them to the Commission in a filing submitted Thursday by the leading lobbying voice in Washington for AMs, FMs, UHFs and VHFs across the U.S.
A ‘New Work Environment’ Declaration for iHeartMedia Employees
The top two executives at the helm of the nation's No. 1 audio content creation and distribution company have distributed an internal memo to all employees that describes in detail how all will "never 'return to the office' as well all knew it."
What’s The Best Way Broadcast Media Can Protect Its Employees?
What's a radio or TV station owner to do to keep employees safe from COVID-19 and its Delta variant while balancing the need to have HR send out termination notices to unvaccinated employees? This encore InFOCUS Podcast, presented by dot.FM, may provide some valuable insight and guidance on what path a media company should take. LISTEN HERE
Flat Revenue, Lower Net Income: Rogers In Q3
One of North America's biggest communications companies on Thursday released its third quarter financial results. How did Rogers perform? Quarterly earnings were in line with the Zacks Consensus Estimate. But, its revenue fell short of Zacks' expectations by a slim 1.04%.
Will The Media Deal Dollar Drought End In 2022?
A Forecast 2022 panel session featuring Guggenheim Securities Senior Advisor Drew Marcus could offer an answer to the question. Marcus will moderate a panel of investment specialists who are poised to take a hard look at 2021 and what lies ahead in 2022 and beyond for broadcast investments. It's a “fact-based, tire kicking” session you won't want to miss.
The Latest Move for Ed Stolz: Bankruptcy
With the final fate of his former FM radio stations still in limbo, as the FCC has not said yes to a transfer of control of the properties to VCY America from court-appointed receiver Larry Patrick, the most infamous licensee in the American West has moved forward with a voluntary Chapter 11 bankruptcy filing.
Gray Taps Lenders For Meredith Local Media Purchase Cash
In order for Gray Television to satisfy deal terms agreed to in June that call for Meredith Corporation shareholders to receive $16.99 per share in cash and 1-for-1 equity share in post-close Meredith, the broadcast television company is amending and restating its senior credit facility while concurrently seeking an additional incremental term loan valued at $1.5 billion.
Roger Wahl To Face FCC In ‘HDO’
Seven months after his return to the airwaves at a Class A radio station he controls, Roger Wahl now faces a license revocation hearing at the FCC. It's tied to his conviction of a felony and multiple misdemeanors in a case that left the victim and her attorney vocally disappointed. Now, Wahl must face the music in Washington.
The InFOCUS Podcast: National Cybersecurity Alliance
In this InFOCUS Podcast, presented by dot.FM, Lisa Plaggemier, the interim Executive Director with the National Cybersecurity Alliance, offers important insight and intelligence on how to prevent a ransomware attack at your radio or TV station in an exclusive conversation. LISTEN HERE
Sinclair’s Sunday Scramble: ‘Technical Difficulties’ Is Ransomware Attack
"Technical difficulties" were seen at a host of broadcast television stations across the U.S. on Sunday, including a pioneer in broadcast television that was perhaps the first TV station to broadcast in color — WRGB-6 in Schenectady, N.Y. What happened? A SEC filing confirms that Sinclair has suffered a severe ransomware attack.
Make A Date Now To See This FCC Commissioner
He's a former senior advisor at the National Telecommunications and Information Administration (NTIA). And, he's eager to learn about the key issues facing broadcast media companies. Republican FCC Commissioner Nathan Simington wants to hear from you. And, you can share your thoughts and desires with him directly — but only at Forecast 2022.
Is Univision Preparing a HQ Move From NYC To SoFla?
For decades, U.S. Hispanic media leader Univision Communications has maintained a sizable presence in the South Florida city of Doral. However, its corporate headquarters has been in Midtown Manhattan. A change is in the works that would see the C-Suite relocate from New York City to Miami-Dade County's business center.
Forever, Las Vegas: Radio Show To Be Combined With NAB Show
“In today’s world where radio companies are essentially multimedia companies, the value in attending NAB Show cannot be overstated,” said Dave Santrella, president of Broadcast Media at Salem Media Group and NAB joint board chair.









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