NBCU Programming Widens Airport Terminal Reach
On June 3, Clear Channel Airports announced that it has partnered with Rockbot to fill a void left by the demise of the CNN Airport TV Network service. Now, NBCUniversal is doing the same.
Univision Asks FCC For Foreign Ownership OKs
The company that's now majority controlled by Searchlight III UTD and ForgeLight and led by CEO Wade Davis is seeking the Commission's OK for two specific non-U.S. based entities to grab a share of Univision ownership.
SBS’s ‘Bullish’ Q2 Preview Gets A Little More Color
Six days following the release of its first quarter 2021 fiscal results, SBS hosted an earnings call for analysts and investors featuring COO Albert Rodriguez and CFO José Molina. On the call, an analyst asked for additional color on "bullish" commentary provided May 28 with the release of its quarterly results. Rodriguez obliged.
Katz TV Group Says Yes To Impressions-Based Currency
It's a nationally recognized television advertising sales organization representing more than 800 TV stations across a majority of the 210 DMAs. And, it says it is giving its unwavering support to the industry-wide adoption of impression-based selling and buying for local broadcast television — just as ABC did earlier this week.
Gray Sweetens Meredith Deal After Competing Bid Surfaces
Meredith Corporation received an unsolicited proposal to acquire its Local Media Group, following the May 3 announcement that it had agreed to sell its broadcast TV assets to Gray Television for $2.7 billion in total enterprise value. What did Gray do? It responded with an increased offer for Meredith Local Media. Meredith Corporation said yes to new deal terms.
NAB Pans FCC’s Proposed 2021 Reg Fees
The nation's chief lobbying voice Inside the Beltway for radio and television broadcasters has slammed the FCC for suggested regulatory fees for fiscal year 2021 it calls "unsustainable."
The InFOCUS Podcast: Mike Meara
Joining Adam R Jacobson on this latest Podcast, presented by dot.FM, is Mike Meara of NPG Broadcasting. He discusses the continued rollout of NextGen TV and the big advantages that come with ATSC 3.0. LISTEN HERE
Beasley Media Group Founder George Beasley Dies
George G. Beasley, who purchased WPYB-AM in Benson, N.C., in December 1961 and would go on to build what is today Beasley Media Group, died Wednesday morning at the age of 89. A memorial service will take place for family and friends in Naples, Fla. Details will be forthcoming.
Controversial Locast Service Lands In RDU
The Raleigh-Durham-Chapel Hill market is the latest to gain access to new technology that the NAB and the nation's Big Four networks have tried to exterminate. In the face of their opposition, Locast is now in its 33rd DMA — with little signs of a slowdown.
Gray Board OKs Dividend As Stock Hits 5-Year High
The Board of Directors for broadcast television company Gray Television has signed off on a quarterly cash dividend. The announcement could only further fuel Gray's stock price, which hit a five-year high on Tuesday.
Spectrum’s Retrans Squeeze Plucks Customer Pockets
For years, MVPDs have lamented that they have no choice but to pass any increased cost in carrying local TV stations on to customers. That's exactly what is now happening for those who rely on Charter Communications' Spectrum services. Higher bills are on the way, and it's all about retransmission consent fees to broadcast TV station owners.
Baltimore’s NPR Station Gains A Progressive Sibling
It's "listener-supported radio from Towson University" that's not so dissimilar to widely known WXPN, just up the road in Philadelphia. That will soon change, however. But the new owners of this Baltimore noncomm promise there will be no other differences, once this deal closes. And, we've got the price tag to share.
SBS Releases Its Q1 Results. Here’s How It Performed
With the Memorial Day holiday weekend coming in hours, Miami-based Spanish Broadcasting System (SBS) early Friday released its first quarter 2021 results, ahead of an earnings call for analysts and investors in six days. How did the multimedia company targeting U.S. Hispanics perform in the first three months of the year?
Who’s Succeeding Rush? Premiere Has Its Decision
As first reported by The Wall Street Journal early Thursday ahead of a 3pm Eastern announcement from iHeartMedia-owned Premiere Networks, a successor offering to the deceased Rush Limbaugh's syndicated Talk radio program has been finalized. It involves the pairing of a seasoned conservative Talk host and a Fox Sports Radio talent.
Using Cash On Hand, Cumulus Acts To Pay Down Debt
The audio media company led by President/CEO Mary Berner on Wednesday (5/26) initiated actions designed to pay down $175 million of debt. And, it is doing so by using cash on hand.