One Step Closer? iHeart Stock Jumps On Feb. Earnings Report
The company's February 2019 operating report has been submitted to the SEC, and it looks positive. The filing came a day after iHeartMedia moved forward with its anticipated separation of its Clear Channel Outdoor unit, sending IHRTQ shares up again on Friday.
Nielsen Stock Unsettled After Apollo, Blackstone Bail
It appears investors are unsettled regarding their thoughts on whether to buy or sell Nielsen Holdings stock. Shares continued to lose ground in Friday's trading, with another six cents shed as of 2pm Eastern. In the final 45 minutes of trading, ups and downs were rampant.
TEGNA: A Top Employer For Corporate Equality
One of the nation's biggest broadcast TV companies has received a perfect score on the just-released 2019 Corporate Equality Index (CEI). It's also been designated as one of the best places to work for those who identify themselves as LGBTQ. How did iHeart score?
Gulf South Slapped For New ‘Music’ Translator
Two weeks ago, Gulf South Communications decided to compete against a 100kw heritage AC by launching a direct format challenger on an FM translator. Now, the Audio Division has taken the licensee to task for faults with this translator's previous operation.
DISH and Univision Resolve Their Differences
On July 1, 2018, DISH Network dropped Univision from its lineup. Then, things got ugly, leading the DBS provider to axe all of Univision's networks, including Univision Deportes Network. Now, in a surprise announcement, DISH and Univision have a new deal.
Is Commercial-Free Subscription Radio What’s Next?
Bill Freund is the EVP and Chief Revenue Officer of Clip Interactive -- a company poised to get the industry's attention for a revenue and audience-growing opportunity he says is 15 years overdue. Why should radio broadcasting companies or listeners care now?
Viacom and DirecTV: ‘Deja Vu All Over Again’
To the surprise of few, a new accord between Viacom and AT&T-owned DirecTV was reached prior to Monday's Opening Bell on Wall Street. This ensures Viacom's cable channels stay on the DBS provider. Here's what Michael Nathanson has to say about the new pact.
Salem Parts Ways With A D.C. AM
Salem Media Group delivered lackluster Q4 2018 results. The company's Q1 2019 outlook is grim, too. Potential asset sales were discussed. Now, Salem has acted by selling a Class B AM with a rich history in the Nation's Capital.
Content Control: A Learning Lesson For Radio
On Monday, Apple unveiled a new news and entertainment service -- one that is subscription-based. The New York Times' stories are likely to be absent from the platform, eliciting a warning from the newspaper's CEO. It is a cautionary tale for the radio business.
‘White Space’ Clarity Moves Forward At The FCC
The FCC has moved "to improve the accuracy and reliability of the fixed white space device data" recorded in the white space databases and assure that the potential for these devices to cause interference to protected services is minimized. This could help TV operators.
Brokers Herald Deal Value For Nexstar Spins
When it comes to the top media brokers in the U.S., one thing sticks out regarding the dollars Nexstar Media Group will be collecting for its necessary divestment of 19 TV stations. In their collective view, its the "tremendous value" TV stations continue to command,
More Nexstar Spins? Three Markets Stand Out
On Wednesday, TEGNA and Scripps each made deals to grab Nexstar's need-to-sell stations. Curiously, three markets that present overlap issues weren't involved in those deals. More to come? Perhaps.
Mike O’Rielly: ‘Now’s The Time For More Substantial Reform’
Want more media industry deregulation? You have a champion in Mike O'Rielly. Speaking to ACA Connects Summit attendees, he declared that "the entire government oversight model for video services needs a complete overhaul from top to bottom."
Nexstar Station Spins Set, And Cox Isn’t Involved
Twin pre-market announcements involving Nexstar's required divestitures in order for the company to complete its merger with Tribune Media are sending shockwaves across the broadcast TV industry. Nineteen stations are being spun, with two companies involved.
In The Heights: Cumulus Stock Rises On Positive Q4 Reveal
Some 16 years ago, the Postal Service had a hit with the Alternative track "Some Great Heights." Today, Cumulus Media stations such as KFOG-FM in San Francisco or KBXR-FM in Columbia, Mo., may wish to play it -- in salute of the company's strong Q4 2018 results.