Is Sinclair A ‘Suitable’ Stock Pick?
That's a question Zacks Equity Research set out to find the answer to, in the wake of the company's now-dead effort to acquire Tribune Media. Zacks' query was designed for the benefit of value-oriented investors seeking a good choice to invest in. What was Zacks' assessment of Sinclair Broadcast Group stock?
EMF Adds In Steel City, Giving Family Room In Florida
Here's a translator swap that's certainly going to attract a lot of attention. Educational Media Foundation is giving up a translator in a big South Florida city to Family Radio. In exchange, EMF is getting a facility that could bring Air1 to Western Pennsylvania's biggest population center. For Family, listeners to a major NPR member station may soon become irked at their upgrade plan.
Look Who’s Buying Again
Philip Falcone's HC2 Station Group has just filed its third Form 345 FCC filing this week, and this time around the owner of the Azteca América broadcast TV network is acquiring a licensed and silent LPTV facility in a big Midwestern market. An escrow deposit has already been made.
Gray Parts Ways With First Raycom-Related Divestment
On June 25, Atlanta-based Gray Television successfully reached an agreement to merge with Raycom Media. When all is said and done, the new Gray TV will own 142 stations across 92 DMAs. However, nine station spins were announced in order to meet federal regulatory approval in markets where Gray and Raycom each own stations. The first of these nine stations has just been dealt.
Another Day, Another HC2 Buy
On Tuesday, Philip Falcone's HC2 Station Group made headlines by grabbing a Class A TV station serving a growing part of South Florida. Now, HC2 is adding a Class A in one of the nation's hippest cities in a deal that could further build a group of owned-and-operated stations for Azteca América.
Summit Surprise: A Scripps Deal
Of all of the potential buyers for the 19 remaining radio stations that The E.W. Scripps Company sought a buyer for, this one may have caught market observers off-guard. Scripps has reached an agreement to sell its last group of radio properties, located in four markets, to the Carl Parmer-led SummitMedia.
Who’s V One TV Station Buyer In South Florida?
A digital Class A facility licensed to a city within the West Palm Beach DMA is being dealt for a little more than half a million dollars. The buyer? That would be a rapidly growing entity that is piecing together stations that will likely air this company's recently acquired broadcast television network.
Nielsen Shares Soar On Activist Investor’s Call For Sale
Nielsen shares were up another 5.9% on Tuesday, bringing NLSN to levels not seen since a July 25 tumble. What's fueling a much-needed rebound in Nielsen's stock price, following a Q2 2018 earnings miss, a cut of its profit forecasts, and the announcement that CEO Mitch Barns would retire at the end of the year?
Owning It: Townsquare Speaks Out On Loosened Subcaps
If the FCC goes along with a NAB plan released in June that would "modernize" its rules regarding ownership limits, Townsquare could theoretically own all of the radio stations in all but four of the markets it operates in. Is this fair? Is this how radio industry leaders believe the battle against local digital media group should be waged? RBR+TVBR asked Townsquare Media why it is in support of the NAB plan. Here's what they said.
AI Leader Snags Wazee In Half-Cash, Half-Stock Deal
A Denver-based tech company focused on digital content licensing, rights and clearances for the TV industry has been snapped up by the Costa Mesa, Calif.-based purveyor of a SaaS-based operating systems for AI that's increasingly getting noticed by both radio and television industry programming and sales leaders
Audience ‘Identity’: A Primary Need For Marketers
Determining audience “identity” has become a major priority over the past year for U.S. marketers, many of whom plan to increase their investment in finding and developing identity solutions. What might this mean for your radio or TV station group? A newly released study from the Association of National Advertisers (ANA) based on research conducted by Winterberry Group could provide some fresh answers.
Tribune’s Sinclair Concerns Started In December
According to exhibits made public on Thursday by Tribune Media, the company's EVP/General Counsel and Chief Strategy Officer on December 17 wrote to Sinclair's top legal counsel expressing Tribune's "serious concern" with Sinclair's approach to obtaining Department of Justice clearance to close the merger of the two companies. The letter reveals that stubbornness on Sinclair's part likely derailed the deal.
Tribune’s Move Avoids Getting Stuck In Neutral
RBR+TVBR went through the fees associated with Tribune Media's decision to terminate its merger with Sinclair Broadcast Group, and the dollars total in the millions. Meanwhile, Tribune's $1 billion suit filed Thursday in a Delaware Chancery Court is a sign to one respected D.C. communications attorney that it chose to avoid the worst thing that can happen to a pending deal: a delay.
Tribune Kills Sinclair Merger; Breach Of Contract Suit Filed
With Sinclair Broadcast Group remaining tight-lipped about its shaky merger plans with Tribune Media, many Wall Street observers wondered if the deal was headed to the dumpster. Wednesday marked the first day either party could walk away from the combination of the two companies. At 6:25am Eastern Thursday, Taps was played. Tribune was the bugler.
Mixed Results For Univision In Q2
Univision may never ever become a publicly traded company, but that hasn't stopped the nation's biggest purveyor of Spanish-language media options from releasing its quarterly earnings reports. Univision's Q2 results were made public early Thursday. Net income was down, but net revenue was up.













