Nightmare on Wall Street Continues For Comscore
On Tuesday, the steady and punishing slide for Comscore's shares seemingly reached its zenith, with a big private stock sale designed to raise millions in cash getting a big thumbs down from Wall Street. A 18% slide for SCOR was logged. On Wednesday, the bleeding continued.
Gray Slams ACA Connects, C Spire For ‘Pure Fiction’ Complaint
ACA Connects has urged the FCC to grant a complaint filed by member MVPD C Spire against Gray Television on the grounds that Gray invalidated federal “market modification” rules and violated the FCC’s “good faith negotiation” rules. Gray now assails ACA for the claim.
On Wednesday, Gray's VP of Government Relations & Distribution told RBR+TVBR in an exclusive interview that the comments of ACA Connects are "pure fiction."
New and Novel Ways to Lose Your Station’s FCC License
Six years ago, RBR+TVBR published its most-read article to date: “How to Lose Your Station’s License.” Now, attorneys Erwin Krasnow and John Wells King say, "The time has come to update our article, thanks to the conduct of four AM stations in the St. Louis area."
Comscore Shares Collapse On Word Of Funding Move
A big stock sale designed to raise millions in cash -- and perhaps millions more -- has come along with a significant strategic partnership. How did Wall Street react? Comscore shares immediately sank in early trading on Tuesday. At the Closing Bell, a punishing 18% nosedive was logged.
Veteran Radio C-Suiter Drew Horowitz To Retire
After 43 years of working in, owning and running radio stations and radio broadcasting companies, the President/COO of Hubbard Radio will be retiring at the end of 2019. The news came via an internal memo distributed to employees by company Chair Ginny Morris.
This U.S. State Is The Only One Getting Younger
The USA as a whole is graying. The median age of the nation rose by one full year between 2010 and 2018. But, the pace of this aging is different across race and ethnicity groups, newly released 2018 Population Estimates from the U.S. Census Bureau show. What does this mean for broadcast radio and television?
KYW Union Employees Ink New Entercom Deal
RBR+TVBR has confirmed that on-air talent represented by the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) have agreed to a new contract with Entercom Communications-owned all-News KYW-AM 1060 in Philadelphia.
The Bad News Continues On Wall Street For Comscore
It's been nearly three months since CEO Bryan Wiener and President Sarah Hofstetter departed Comscore, leading investors to protest. On Friday, the company's stock hit another new low, and is now worth one-third of what it was just months ago.
Will Deregulation Be Radio’s Deal-Making Catalyst?
What will trigger station trades in the Radio industry? What's the mood among TV station owners? Those questions were the focus of a Kagan Media Summit panel discussion held Thursday afternoon at the Hotel Edison on media deals and finance.
Kagan Panelist Prediction: A Plethora Of Growth Sources For TV
High-level executives on a Thursday morning Kagan Media Summit panel predict TV industry growth will come from a variety of diverse sources — including private equity, core and emerging advertising categories, and the promise that the next-gen broadcast TV standard holds.
The U.S. Ad Marketplace: Expanding Thanks To SMBs
If Radio is a "local" media, then small and medium-sized businesses are its lifeline, right? If you believe that, you'll be very pleased to see the latest ad spend trend data from Standard Media Index. SMBs are sizzling. Here's the rub: it's thanks to digital dollars.
Here’s How Nexstar Will Foot The Bill For Tribune Buy
Roughly eight months ago, Nexstar Media Group emerged as the television broadcasting company that would merge with Tribune Media. How will the company founded by Perry Sook in the early 1990s pay for it? A billion-dollar senior note offering is in the works.
LatAm Ad Growth Outpaces North America, As Digital Slows
The global ad economy remains strong and will grow by 5% this year. However, ad spend growth in North America will trail that of Latin America, Europe and Asia/Pacific -- entirely due to a lack of political dollars. That's no surprise. What could be surprising is the slowdown in U.S. digital growth already seen in 2019.
Digital Ad Deceleration: Radio and TV’s Untaken Opportunity
Digital ad growth is slowing, and radio and TV need to properly act today to take advantage of this. If they don't, C3 Metrics COO Jeff Greenfield tells RBR+TVBR in an exclusive interview, this could be the last hurrah for broadcast media.
Six Months Later, CBS Still Absent From DISH In SWFL
For more than six months, DISH subscribers in Southwest Florida have had no access to their local CBS affiliate. That's thanks to a prolonged retransmission fee war. According to the station's owner, there's no end in sight, although talks are ongoing.