DISH, Sinclair Ignite War Of Words As Retrans Impasse Looms
On the same day that DISH released a sterling Q2 earnings report, the company isn't playing nice with one of the nation's biggest broadcast TV station owners. That's at least Sinclair's side of the story, as it prepares to see its stations face a "blackout" on DISH's local lineups in the absence of a new retransmission consent agreement.
ESPN Slapped For ’30 For 30′ EAS Flub
The Entertainment Sports Programming Network known as ESPN has received a proposed fine from the FCC for its use of an emergency alert system (EAS) code during a documentary it aired in October 2020 as part of its popular 30 for 30 series.
Audacy Misses Q2 EPS Street Forecast, Beats On Revenue
As its peers have reported highly positive Q2 results, the company formerly known as Entercom has released a second quarter fiscal health report reflecting a significant Earnings Per Share miss. Investors immediately reacted in early trading on Friday, with the losses continuing after hours.
Scripps Sails Past Street Estimates With Solid Q2 Results
Add The E.W. Scripps Co. to the list of broadcast media companies offering stellar second quarter earnings reports to investors and Wall Street financial analysts. The visual media company, which has sold off its audio content and distribution assets, beat the Zacks Consensus Estimate by 8 cents per share.
‘Strong Progress’ In iHeart’s Recovery, As Big Net Loss Narrows
Just after the Closing Bell on Wall Street, with IHRT shares sitting at $26.49, iHeartMedia released its second quarter fiscal report card. The quick takeaway: iHeart beat its own revenue guidance with terrific results.
Nielsen Readies Deployment of Next-Gen PPM Wearables
It's a step that many have been asking Nielsen about for years. Starting next month, the nation's dominant source of audience measurement and data analytics for broadcast media stations will begin placing a limited number of Portable People Meter (PPM) "Wearables" in a subset of its roughly 60,000 active panelists.
Pre-Quincy Deal, Gray Q3 Will Still Surpass 2019 Results
With strong second quarter results and revenue that sailed past Zacks Equity Research estimates, Gray Television is the latest visual media company to release a bright fiscal health report. While the Q2 numbers are positive, the Q3 outlook Gray offers may be even more delectable to investors.
Nexstar Sails In Q2 as Sook Swats Retirement Rumor
The parade of second quarter fiscal report cards ramped up on Wednesday, with the nation's largest owner of broadcast television stations sharing their results as the sun rose across North Texas. For Nexstar Media Group, it was a fine three-month period ending June 30, with earnings per share and revenue surpassing Street estimates.
Strong Sinclair Q2 Results, With DTC Sports A Hot Topic
One week ago, respected financial house Zacks Equity Research revealed that it expected Sinclair Broadcast Group to post a quarterly loss of $4.23 per share in Q2, with revenue growing to $1.6 billion.
How accurate was the Zacks forecast? The EPS was slightly below expectations, while revenue was right on the money when subtracting non-media dollars.
Big Four Affiliates Groups Seek FCC Clarification on Foreign ID Rules
The affiliates associations for ABC, NBC, CBS and FOX television stations have collectively filed a petition for clarification of the FCC's Report and Order on its sponsorship identification requirements for foreign government-provided programming on broadcast UHF and/or VHF facilities.
The InFOCUS Podcast: Charity Holman, WVVA
Gray Television just selected her to succeed the retiring Frank Brady, an individual at the helm of an NBC affiliate in West Virginia. She, like Brady, has been at the station for 15 years. What does the longevity of these tenures say about life at a small-market Big Four affiliate? Listen to this InFOCUS Podcast presented by dot.FM, and you'll get the answer ... and more! LISTEN HERE
Townsquare Media Crushes Q2 Estimates With Another Strong Quarter
How did the "digital first" owner of 322 radio stations located in markets outside the top 50 perform? Townsquare Media's adjusted EBITDA in Q2 was the highest seen in company history. That's just one of the positives that helped the company sail past its own estimates and those of Zacks Equity Research.
Gray/Quincy Deal Closing Done as Allen Completes Spin Buy
Allen Media Group in late April emerged as the winning bidder for 10 stations being spun off by Gray Television in order for that company to complete its $950 million merger with Quincy Media, Inc. On Monday, AMG closed on its deal.
U.S. Media: ‘The End of Those Easy Compares’
After taking a close look at domestic digital advertising growth, noted media analyst Michael Nathanson uses the word "only" to describe the acceleration in dollars for the GAFAN group. What does this mean for broadcast media companies set to release their Q2 earnings reports, if Facebook, Alphabet, Twitter and Snap were disappointments to Wall Street observers like him?
A Final Aloha To A Pair Of Dayton FMs
With little fanfare, two FM radio stations serving the Miami Valley officially ended their respective formats, with a change transpiring just past 12:01am Monday. The stations, which had been operated by iHeartMedia as part of its Dayton cluster, are now licensed to a different operator. They weren't sold, however. The FM pair were given away as a donation.