the HOT List

If good things come to those who wait, Beasley Media Group shareholders may be particularly pleased with the company's second quarter results, which the company released on Wednesday after a short delay. While net revenue and operating income were down, adjusted EBITDA rose on a big swing to net income.

Paperwork has been submitted with the FCC that would allow Sinclair Inc. to convert a shared services agreement to outright ownership of the broadcast television station branded as "CW46" in the Saginaw-Bay City, Mich., market. It would create a "triopoly," as Sinclair already owns two stations and controls two of the "Big Four" networks available in the DMA.

For Frank Copsidas, the head of the LPTV Broadcasters Association, 5G Broadcast as a new standard for Class A and low-power TV stations is all about public safety and — importantly in the Carr Commission era — the public interest. He explains this evolved viewpoint in a new request for rulemaking being filed with the FCC.

Here's the good news when it comes to the Q2 earnings report from iHeart: revenue increased by more than $43.5 million in the three-month period ending June 30. Here's the not-so-pleasant news regarding iHeartMedia's Q2 performance: A net loss slightly lower than last year's $83.48 million finish was logged.

As key Washington, D.C., lawyers who spoke with RBR+TVBR see it, there's little consensus on whether Trump FCC Commissioner nominee Danielle Thumann Severs will get the Senate's OK. These legal pros also differ in opinion on whether a recent Supreme Court ruling gives President Trump the ability to create a GOP-only FCC.

There's been an empty seat at the FCC since June 30, 2024. The Commander-in-Chief of the U.S. has just nominated an individual from North Carolina to fill it, yielding congratulations from Chairman Brendan Carr and Democratic Commissioner Anna Gómez.

The Atlanta-headquartered company's second quarter 2026 results were released shortly after 6am Eastern on Friday, and Gray is "particularly pleased with political advertising." It not only "significantly exceeded" its Q2 guidance but is trending ahead of 2022 and 2024 year-to-date levels. 

Just days after the company's CEO confirmed that nearly 270 individuals would be losing their jobs as part of a "refounding" effort, The E.W. Scripps Co. late Thursday released a Q2 earnings report that is wholly effected by a massive $1.14 billon non-cash impairment charge and primarily linked to a nearly $50 million decline in operating revenue.

The Chief U.S. District Judge overseeing the antitrust case lobbed against Nexstar and TEGNA for their regulatorily-approved merger — which he effectively blocked with a restraining order forcing a "hold separate" situation — has ruled that TEGNA's Board of Directors cannot be comprised of Nexstar C-Suite leaders.

With great anticipation and little surprise, the Republican-led FCC on Thursday approved a Report and Order that removes a Congressionally mandated 39% local television ownership national reach cap, replacing it with a case-by-case look at whether going beyond that limit is in the public interest.

Strong political ad performance. Incremental ad dollars from 2026 FIFA World Cup coverage across the company's FOX affiliates. Streaming-related ad dollars in "legacy" Nexstar markets are on the rise. Those are the key reasons why Nexstar Media Group had a "record" second quarter, with TEGNA financials woven in to the results.

The Commission says this marks "a significant milestone in the successful conclusion of the first-ever spectrum Incentive Auction." Furthermore, the FCC notes, "The return of these funds reflects the FCC’s commitment to fiscal responsibility, efficient program administration, and reducing the national deficit."

Nearly two years of union negotiations between the owner of the ABC, CBS and FOX network affiliates serving California's Central Coast and the International Alliance of Theatrical Stage Employees (IATSE) have failed to reach a resolution, leading IATSE Members to strike across Wednesday.

The broadcast television station ownership group that also owns tower manufacturer Dielectric and has emerged as the ATSC 3.0 industry shepherd delivered what CEO Chris Ripley called "strong" second quarter results.  Indeed, revenue and adjusted EBITDA each grew year-over-year. But did they meet analyst expectations?

The Maryland House Democrat believes the FCC's "extraordinary decision to require early renewal of eight Disney-owned ABC broadcast licenses breaks from decades of practice and causes severe constitutional problems by at least appearing to use the Commission’s licensing authority to censor protected speech." As such, "further Congressional oversight may be warranted."