Soo Kim Wants TEGNA To Talk About Bids
As RBR+TVBR has reported, TEGNA has received bids from Apollo Global Management, Byron Allen's broadcast TV group, and, most recently, a bid that involves Trinity Broadcasting Network. TEGNA hasn't said a word, and the big shareholder controlled by Soo Kim wants TEGNA to say something publicly about the offers.
FCC Deletes Entertainment Media Trust’s St. Louis AMs
In what Multicultural Media, Telecom and Internet Council (MMTC) President Emeritus and Senior Advisor David Honig calls "a big victory today for the public interest," the FCC's Audio Division Chief has moved forward with the expected deletion from existence of four AM radio stations serving the St. Louis market. There's a specific reason why Honig is pleased with the decision.
Urban One: A COVID-19 Impact Already Seen
With the release of African American-centric media company Urban One's Q4 and full-year 2019 resuts, it is now known that tough comps and an accounting change made the fourth quarter financial results appear less than rosy. That's nothing compared to the COVID-19 fueled impact on Urban One already seen in Q1 2020.
Monthly Podcast Listening Now at 37%
It's no secret that podcast awareness and consumption of podcasts in the U.S. is on the rise. The latest data from the Infinite Dial 2020, produced by Edison Research and Triton Digital only confirms the explosion in on-demand digital audio consumption, which has led to a renaissance of content designed for the ear.
A TEGNA Bid Comes From A Most Unlikely Place
Unnamed sources are telling Reuters that Gray has withdrawn its cash and stock offer for the broadcast TV company formerly known as Gannett. But, wait 'til you see what entity has emerged with a bid for TEGNA. It involves an entity that made Matt and Laurie Crouch household names for a generation of reverent Americans.
Eight NBC O&Os Fill ‘Tonight’ Void With Local News
As of Monday night, NBC owned stations in eight of the nation's biggest markets replaced what would have normally been the first 25 minutes of The Tonight Show Starring Jimmy Fallon with more local news. At the same time, five O&Os have ushered in a new 7pm newscast, while three others are debuting a local newscast at 7:30pm Eastern.
How COVID-19 Might Shift Media Usage
While COVID-19 is unprecedented in the digital age, Nielsen looked at how some catastrophic events in recent years held sway over consumer viewing as well as how working from home changes behavior (and more to come on that). Here's what they found.
Radio Station Owner Receives First Negative COVID-19 Test
On February 11, RBR+TVBR first shared with readers the fate of Carl Goldman, his wife Jeri Serrati-Goldman, and a Utah-based couple they had been traveling with aboard the Diamond Princess cruise line. One month later, Carl Goldman has his first bit of good news. Home may be just days away.
Amid Uncertainty, Townsquare ‘Excited’ For The Future
Visibility is cloudy, thanks to COVID-19. It knows its Live Events arm will be negatively impacted. However, one big revenue component at Townsquare Media is unscathed, and political dollars could positively offset cancellations or pauses in its events or ad campaigns at its stations. As such, the road ahead could be less bumpy for Townsquare, which recorded a strong Q4 that beat the Street.
U.S. Media: Assessing The Recession Risk
At the start of 2019, MoffettNathanson asked the following question: What would happen to the earnings of our companies during a U.S. recession? "Obviously our concern last year was premature," says Senior Analyst Michael Nathanson. "However ,the focus now about slowing economic growth in the wake of the growing COVID-19 epidemic is legitimately front and center."
Meredith, Nexstar Team For NEXTGEN TV Launches in Portland
Call them competitors. Call them united in their goal to bring ATSC 3.0-powered television programming, 24/7, to the Rose City. Meredith Local Media and Nexstar Media Group on Thursday jointly announced plans to launch the first NEXTGEN TV service in Portland, Ore.
Cocola, NBCU Move Ahead With Telemundo Swap
An asset exchange agreement is moving forward that will shift NBCUniversal Telemundo Enterprises' Telemundo network from one signal to another. The deal is significant, as the station NBCU is acquiring is one of a handful of full-power UHFs in Fresno.
NAB Postpones 2020 Vegas Conference
In a letter to the NAB Show community, National Association of Broadcasters President/CEO Gordon Smith announced that the 2020 NAB Show scheduled for late April is "off." The NAB is reviewing options for later this year.
Multichannel Subscriptions: A 2019 ‘Plunge’
The decline in U.S. multichannel subscriptions accelerated to new levels in 2019, newly released data from S&P Global Market Intelligence's Kagan division finds. It says this is a reflection of consumer viewing transition that's only magnified by additional streaming video options and shifting service provider approaches that effectively de-emphasize the big subscription package.
I Heart Huckabee: Earls Sells Quintet Interest To Noted Politician
While few recall the 2004 feature film I Heart Huckabees, many Americans know of Mike Huckabee, two-time Republican U.S. presidential hopeful, and host of both a TV talk show and daily radio program. Now, in the heart of Ozarks, Huckabee will become known as a media mogul of sorts. He's buying out his partners in radio stations serving the Branson, Mo. listening area.














