the HOT List

A joint venture of Sinclair Broadcast Group and South Korea's SK Telecom designed to spur the growth and adoption of ATSC 3.0 by broadcast television in the U.S. is poised to introduce "breakthrough, next-generation broadcasting technology" both stateside and in South Korea by the end of 2021.

"With a global economic slowdown, sports cancellations and more, traditional TV advertising experienced steep declines in 2020," it notes. That said, the pandemic accelerated other trends such as digital transformation, OTT video usage, and even new telehealth applications.

His Allen Media Broadcasting had been rumored to be a front-runner in the race to win ownership of 10 television stations Gray Television agreed to sell in order to receive regulatory approval of its merger with Quincy Media, Inc. It's now official: Allen Media is the buyer.

The owner of CBS 46 and Peachtree TV in Atlanta enjoyed a particularly strong fiscal Q3, with the first three months of 2021 yielding a healthy increase in core advertising. The big takeaway: political dollars surpassed expectations, thanks to two runoff U.S. Senate races in the Peach State that received national recognition — and financial support.

They include WTVJ-6 in Miami, KNBC-4 in Los Angeles and WRC-4 in Washington, D.C., among other stations. They have been, until now, among the NBCUniversal Owned Television Stations. Not anymore, thanks to a rebrand announced by division president Valari Staab on Thursday.

The honors recognize outstanding community service by local broadcasters. One winner from each category will be announced during the Celebration of Service to America Awards program, which will air on television and radio stations across the country as a special one-hour awards ceremony featuring celebrity guests, past honorees and policymakers.

With Tuesday’s Closing Bell, DISCA finished at $39.01. Wednesday was a downbeat trading day for Discovery. Why? Its Q1 2021 results missed Street expectations.

Nearly one month into the second quarter of 2021, Spanish Broadcasting System late Monday officially revealed its financial results for the final three months of 2020. While its television arm enjoyed double-digit year-over-year revenue improvement, its core radio station group suffered from a double-digit year-over-year revenue decline.

Univision majority shareholder Searchlight Capital Partners  has selected a new Partner who also becomes a prospective board member of "a number of Searchlight’s existing investments in the technology, media, and telecommunications sectors." It's a former FCC Chairman known for an oversized Reese's coffee mug.

International marketing intelligence service WARC's latest Global Advertising Trends report has been released. In it, WARC outlines "the new, long-term shifts in e-commerce, social media, online video and gaming for brands and consumers." What's the key takeaway for broadcast media executives? Linear television advertising plummeted.

To create binational multimedia giant Televisa-Univision, a blockbuster merger revealed on the evening of April 13, investors were brought to the table. They include the SoftBank Latin America Fund, The Raine Group and Google, with a combined $1 billion infusion from these entities agreed to. Google's involvement goes beyond cash.

For the second consecutive year, the readers of the Radio + Television Business Report have spoken. And, with their input, the latest rankings include new names near the top of the list, and many shifts. In a year that saw a great pause and, for some, a shift thanks to a pandemic, it’s perhaps fitting.

In many markets, vintage sitcoms and dramas can be seen on such digital multicast networks as Weigel Broadcasting's Me TV and Nexstar Media Group's Antenna TV. Now, Nexstar is doubling down on consumer thirst for classic fare by preparing to launch a more youthful companion to its 1960s and 1970s-focused existing offering. 

His route to the FCC is admittedly unusual. But, Nathan Simington's prior experience at the NTIA could be just what the doctor ordered for the Commission. In an exclusive interview with RBR+TVBR, the Republican Commissioner shares how his experience brings a whole new perspective on regulatory policy to the agency.

According to a new poll of U.S. adults aged 18-29, local TV news leads compared to other sources.  Yes, that's true. But, the real story is just how few Americans in this age group are tuning to local TV news -- or any other news source, for that matter.