Entercom’s Q2 Earnings Preview: What Zacks Thinks
What role could the release of Entercom Communications' second quarter financial results, set for August 7, have on its stock valuation? That's a question that Zacks Equity Research sought the answer to. Here's what it has to say.
Lone Star Error Accidentally Puts FM Station On Table of Allotments
According to the most recent iteration of the FCC's FM Table of Allotments, a Class C1 FM licensed to Granado, Tex., some 70 miles southwest of Houston, had been added. That posed a problem involving Lone Star State licensee Roy E. Henderson. But, it wasn't of his hand. Rather, the Media Bureau made a mistake.
O’Rielly On ‘Dearth’ Of Black Media Ownership: ‘Beyond Embarassing’
As part of his virtual Luncheon Series address to conservative Washington, D.C. think tank The Media Institute, FCC Commissioner Mike O'Rielly made it clear that he's very displeased with the lack of diverse media ownership in the U.S. But, what will he do to help remedy the situation?
As Expected, Monica Gil Gets More Duties At Telemundo
Since her departure from Nielsen as SVP/GM of Multicultural Growth and Strategy, Gil has played an integral role in the growth and strategy of NBCUniversal Telemundo Enterprises. Now, Gil is taking on a wider role as part of what the Comcast unit calls "a realignment of its leadership team."
A Win For SBS As Foreign Ownership Ruling Petition Is Dismissed
Preferred shareholders who are in a long-running battle with the Hispanic media company asked the Media Bureau to decline SBS's request to withdraw a "PDR," noting that it relates to ongoing litigation in a Delaware Chancery Court between the two parties. What, then, did Media Bureau Chief Michelle Carey declare?
With Tribune/Sinclair Legal Challenge Resolved, WDKY Sale Transpires
In January, a settlement put to rest a vociferous squabble between failed merger partners Sinclair Broadcast Group and Tribune Media, which saw competing breach of contract claims. The end of the battle put the wheels in motion on delivery of cash and a Kentucky TV station to Tribune's new owner, Nexstar Media Group. Six months later, the deal is being consummated.
Here’s Why Nielsen Audio Exited Nine Radio Markets
The Spring 2020 audience estimates for nine markets will be the last for Nielsen Audio. But, it has nothing to do with its “optimization plan,” announced in early July.
A TV News Pioneer Is Remembered, as Ed Ansin Dies
On New Year's Day 1989, Miami's WSVN-7 embarked on an uncertain journey. With loose ties to then-new FOX, it invested heavily in flashy, sensationalist TV journalism that revolutionized the daily newscast. It's thanks to WSVN-7 and WHDH-7 in Boston owner Ed Ansin, who has passed away.
Scripps Stations Snuffed By Dish In Latest Retrans Impasse
The latest retransmission fee impasse has arrived. And, it blocks 60 local TV stations owned by The E.W. Scripps Co. from reaching Dish consumers. Scripps' Local Media President, Brian Lawlor, blamed Dish for its "refusal to negotiate to a fair agreement."
NAB Wants Federal Court To Vacate FCC’s 6 GHz Order
In the petition for review, filed Friday, the nation's biggest voice in Washington for broadcast radio and TV argues that the Commission's order authorizing unlicensed usage of the 6 GHz spectrum band unlawfully fails to protect existing licensed users in the band from potential interference arising from unlicensed operations.
A Beloved Chicago TV Meteorologist Dies at 77
For 33 years, viewers of WLS-7 in Chicago enjoyed getting weather updates and forecasts from an individual who was instrumental in luring its morning meteorologist to the Windy City in 1994. Now, many across the nation are paying their respects to Jerry Taft, who passed away Thursday evening.
What’s Sparking Salem’s Sparkling Stock Rebound?
One week ago, Salem Media Group shares closed at $1.05. Two weeks ago, SALM stock was at $0.96. It appeared that a mid-June rally, nearing its best year-to-date performance, had sputtered. Then, on July 17, Salem shares suddenly got electrified. On Thursday, that spark continued. Afternoon trading was hot. Volume was more than five times its normal action.
Urban One’s Main Cable TV Channel Gets Its First vMVPD Play
It's been a sizzling summer for Urban One stock, so far. Now, investors have another reason to cheer for the company founded by Cathy Hughes and run today by her son, Alfred Liggins III. Its TV One cable TV channel has landed its first vMVPD -- bringing it to those seeking "skinny bundles" as they cut the cord, and eschew high monthly bills.
Cox Blocked To Dish Subscribers In Fresh Retrans Spat
The COVID-19 pandemic and continued "Black Lives Matter"-fueled protests across the U.S. has made local TV news programming more valuable than ever. Tell that to the individuals who have failed to negotiate a new retrans deal between Cox Media Group, now majority-held by Apollo Global Management, and one of the nation's two DBS providers.
TEGNA Board OKs Dividend As Stock Finds New Groove
The Board of Directors for broadcast TV station group TEGNA on Wednesday declared a dividend payable Oct. 1 to shareholders of record as of the Closing Bell on Sept. 4. With its Q2 earnings report set for release August 10, the generous shareholder reward comes as TEGNA's stock appears to have settled in to a "new normal" in COVID-19 times.














