the HOT List

Next year will likely be another record-breaking political cycle. How big? One competitive ad intelligence SaaS company is projecting $8.9 billion in political media spend — the highest ever for a midterm cycle. But, a breakout of dollars solely going to broadcast TV suggests a significant percentage of political dollars are going elsewhere.

For Foster Garvey PC and a coalition comprised of 18 licensees, the Commission's proposed rule for how the Commission can recommence the collection of data on the Broadcast Station Annual Employment Report needs an update. The gender choices listed simply aren't enough, given today's USA.

Who knew that the Chief Research Officer of the TVB would be as hard-hitting as a 60 Minutes journalist? Hadassa Gerber proved to be quite the moderator at a TVB Forward Conference session on "the future of measurement," the first of a series of panelists delivered across the TVB's virtual affair on Thursday.

The local broadcast TV industry in 2022 will generate $21 billion in advertising revenue, with $19.3 billion in over-the-air (OTA) revenue and $1.7 billion in digital. Those fresh estimates are courtesy of BIA Advisory Services. And, they point to a healthy 26.5% increase over 2021 for the industry.

The Enforcement Bureau of the FCC has entered into a Consent Decree with ViacomCBS that settles an investigation over violations of the Commission's accessibility rules at the company's Pluto Inc. TV service. As such, ViacomCBS is paying a civil penalty to the U.S. Treasury and is not being fined by the Commission. A compliance plan has also been ok'd.

Three leaders associated with the MMTC have responded to a Media Bureau docket that seeks a review of EEO compliance and enforcement in the broadcast and multichannel video programming industries. In short, the MMTC leaders believe that, "While data collection is one essential element of an EEO compliance program, it is hardly the only element."

Legislation that two House Members who sit on the powerful Energy & Commerce Committee say would free up new airwaves for wireless broadband use by the public has been teed up in the lower body of Congress.

In late 2019, Richard French’s RNN and Ted Bartley‘s NRJ struck a deal that saw French's broadcast TV company acquire 8 stations in a $81.2 million deal in which Moelis & Company served as the seller's broker/financial adviser. Now, RNN is selling one of those properties. The buyer? Look no further than the ABC affiliate in the 50th state.

With many insights for radio and for television found in a just-released Futuri/SmithGeiger study, we asked Daniel Anstandig, founder and CEO of Futuri Media, to summarize much of the 36-page report. He obliged and is our guest on the latest InFOCUS Podcast, presented by dot.FM. LISTEN HERE

Following a V-shaped recovery in 2021, growth rates are bound to slow down somewhat in 2022. That said, MAGNA on Monday revealed that it still anticipates double-digit growth, bringing the market above the $300 billion mark for the first time.

A veteran local media executive has been named President and GM of CBS News and Stations’ local businesses in Los Angeles. It's a role that puts the person presently in charge of Hearst Television's NBC affiliate in New Orleans in the top position at two of ViacomCBS's biggest owned-and-operated stations.

Entertainment and sports agency Creative Artists Agency (CAA) has signed off on a definitive agreement to acquire one of the world’s biggest entertainment and sports agencies, putting the wheels in motion on a major merger designed to "drive broader and more inclusive representation as their clients, their work, and their brands shape culture."

A Reduction in Force initiative has claimed a host of programming and on-air positions at radio stations in Miami; Long Island; and Texas owned by Cox Media Group. The job losses come as Apollo Global Management has teamed with Soo Kim's Standard General on a bid for TEGNA.

Meredith Corp. is apparently in serious conversations with the digital media company owned by Barry Diller to engineer a deal that would spin the majority of its lifestyle and female-friendly assets in a multi-billion deal. Investors reacted by snapping up Meredith shares, leading to a sharp rise in value in Friday's trading.

On September 8, its shares, traded on NYSE, reached a record high of $303.62. Today, with shares slightly lower, American Tower Corp. is among the best performers on Wall Street in the broader telecommunications sector. Now, the Boston-based company founded by the late Steve Dodge has priced its registered public offering of senior unsecured notes due 2026, 2031 and 2051.