the HOT List

RBR+TVBR has confirmed the sale of Royce International's three FM radio stations, and the deal's approval by California Central District Federal Judge Jesus G. Bernal. Nevertheless, embattled licensee Ed Stolz has submitted a plan with the court that would allow him to keep the radio stations -- a plan a noted broker that's the receiver of these stations says falls short.

As broadcast TV companies such as Nexstar Media Group have seen their stock values fully recover from the COVID-19 influenced swoon of six months ago, the radio industry has failed to experience the same recovery. For Beasley Media Group, Tuesday's closing price for its stock is far worse than its March 23 dip -- and a low not seen since early 2009.

Silicon Dust was already making networked TV tuners and DVR devices when ATSC 3.0 pivoted Nick Kelsey’s attention. Intrigued, he turned to Kickstarter last April to raise $50,000 for a 3.0-capable device. The response? It was incredible, he says in this report from Cora Leighter.

By 2016, Mike Hubbard had built a sports radio and television network and enjoyed a successful political career as the first Republican Speaker of the House in Alabama in 136 years. Today, he's embarking on a four-year jail sentence for ethics violations tied to his non-broadcast career. As such, he's spinning his radio assets in a deal that's bound to get a lot of attention.

With all eyes on a controversial and expected White House nomination of the Supreme Court successor to the late Ruth Bader Ginsburg likely reaching the Senate this week, a key Republican Senate leader has expressed doubts that moving forward with a vote on Mike O'Rielly's FCC replacement is in the cards.

On Thursday, WWD took a pause from its N.Y. Fashion Week coverage to share that Meredith Corp., the parent of such venerable women's lifestyle brands as PEOPLE, would be shedding 180 jobs. But, it turns out the Local Media arm of the Des Moines-based company is bearing the brunt of the layoffs.

Until now, the CBC operating in the U.S. — Capitol Broadcasting Co. — owns three television stations in North Carolina. Soon, the company led by Jimmy Goodmon will add a fourth property, a LPTV, to the mix. What's the plan for the company pioneering ATSC 3.0 and NEXTGEN TV in the Triangle region?

A 9 1/2-month saga for a Kentucky FOX TV affiliate has formally ended. It is now officially owned by Nexstar Media Group. As such, this TV station has a new VP and General Manager.

The House Subcommittee on Communications and Technology -- led by Michael Doyle of Pennsylvania -- conducted Thursday a FCC Oversight Hearing steeped in broadband access discussion and debate. That didn't stop the House Energy & Commerce Committee Chairman Frank Pallone from taking a swipe at Ajit Pai's "modernization" efforts as they pertain to Radio.

Is there an abundance of sports at a time when TV viewing typically dips? That is a question Wall Street wizard Michael Nathanson, Senior Analyst at MoffettNathanson poses. What he says could flatten that fresh six-pack of beer and hasten the mold on that cheese pizza.

As of Sept. 10, iHeartMedia can say it has a home for BIN: Black Information Network in the Big Apple, and Kalil & Co. was the broker of record. On Wednesday, the price iHeart is paying for the property became known. And, there's a new twist: an FM translator's inclusion in the deal could presage a bigger deal for BIN in the Big Apple.

The FCC announced late Tuesday that it has affirmed a Media Bureau finding that 18 stations owned by eight broadcast TV station ownership groups failed to negotiate for retransmission consent in good faith. As such, the Commission has proposed a forfeiture of $512,228 — against each station.

Another broadcast media company is swapping old debt for new debt. Only, this offering of senior notes is a billion-dollar endeavour. And, it involves the biggest broadcast TV company by station count in the U.S.

A full-power TV station offering MeTV programming to the Nashville market is being spun to the company that owns and operates the digital multicast network seen around the country. The deal gives Weigel Broadcasting ownership of a one-time religious entity. Who's the seller? Look no further than Les Levi and Philip Falcone.