the HOT List

With 34 radio stations across eight mid-sized markets, the FMs and handful of AMs now up for sale by The E.W. Scripps Co. will likely attract a wide array of potential suitors. Will one company swoop in to buy all of the stations? One top media broker tells RBR+TVBR that's not likely.

In a press release posted to the company website this morning, The E.W. Scripps Co. announced it is "creating a stronger, more streamlined and higher-performing company through comprehensive restructuring and cost reductions expected to yield more than $30 million in annual cost savings." It then revealed that it plans to sell its 34 radio stations across the U.S. and has retained Tucson, Ariz.-based Kalil & Co., Inc. to handle the process.

Entercom. Sinclair Broadcast Group. Beasley Media Group. Thanks to these entities, big deals and big money are fueling the media merger and acquisition marketplace, a just-released PwC report reviewing activity in Q4 finds. Given the robust deal market in 2017, how does it expect 2018 to fare?

On Jan. 24, 2017, Republican FCC Commissioner Ajit Pai ascended to the role of Chairman, succeeding Democrat Tom Wheeler. In doing so, he embarked on a mission — crafted with much input from the White House and the conservative think-tank American Enterprise Institute — to loosen regulations for broadcast media companies. What exactly are Pai's achievements on the one-year anniversary of his first full day in office? He was kind enough to distribute an eight-page PDF that answers any question you may have.

For decades, the National Association of Broadcasters (NAB) has called a structure instantly distinguishable to passersby in Northwest Washington, D.C.'s Dupont Circle neighborhood its home. Now, it's trading in quick walks to the Madhatter and Shake Shack for improved access to Washington Nationals home games.

The FCC has scheduled its January Open Meeting for Tuesday (1/30), and two of the eight items on the agenda are fueled by Chairman Ajit Pai's utmost desire to rid the Commission of outdated or burdensome rules. Up for discussion is a Media Bureau docket item that impacts broadcast TV. The other pertains to a Notice of Proposed Rulemaking designed to allow broadcasters and the FCC to "go green."

Univision Communications has given company veteran Jessica Rodríguez a much bigger role at the Hispanic and millennial-focused media company. But she’s not giving up her current role.

Consumers experienced greater employment and steady, or slightly increased, income in 2017. However, they're less optimistic about the economy in 2018. That's the big takeaway from the fifth annual ThinkNow Pulse Total Market Consumer Sentiment Report, just released from ThinkNow Research. There's more: ThinkNow found striking contrasts on consumer expectations across a representative sample of multicultural consumers and non-Hispanic whites in the U.S.

How to reach Hispanic consumers with the right marketing content, through the right channels -- including radio and TV -- continues to capture the attention of those in charge of where to invest their ad dollars. What are they being told with respect to how to target Latino consumers in the digital realm? A "Hispanic411" webinar from Univision and Magna Global conducted Jan. 18 could give you some important facts on what your digital dollar competitors are doing to steal money from you.

The head of the NAB Radio Department will soon conclude his day-to-day role, but will not be saying goodbye to the broadcast media industry's chief lobbying organization. John David, who holds the title of EVP of NAB Radio, will become a Senior Advisor to the NAB, effective Feb. 1.

Yes, the U.S. government shut down on Saturday at midnight. However, a midday Monday vote put the wheels in motion to temporarily reopen the Federal government through Feb. 8. Regardless, the FCC was not immediately impacted thanks to funding assuring it would have stayed open through Friday.

... and How Do Radio and TV React? A murder-hostage situation that led to a death that wasn't true. A missile warning in Hawaii. Is "fake news" to blame? Or, is this the result of something else? Bret Swanson, president of Entropy Economics LLC and a scholar at the U.S. Chamber of Commerce Foundation, does his best to answer these questions -- and how radio and TV might help in preventing errors that lead to death and/or panic in this Media Information Bureau column.

The Federal Communications Commission is announcing on its website the appointment of Albert Shuldiner as Chief of the Media Bureau’s Audio Division. The Audio Division of the Media Bureau licenses commercial and noncommercial educational AM, FM, FM Translator, and FM Booster radio services, and the noncommercial educational Low Power FM radio service.

The nation's No. 2 radio broadcasting company by number of stations has asked the U.S. Bankruptcy Court in New York reviewing its Chapter 11 bankruptcy reorganization plan to reject what it calls "a handful of extremely unprofitable contracts." They all involve Chicago  — including the White Sox Major League Baseball club and the National Basketball Association's Bulls. Cumulus is also seeking to scrap its agreement with Merlin Media to acquire WKQX-FM "Q101" and WLUP-FM 97.9 in Chicago for the price it agreed to per its original asset purchase option.