Moody’s Upgrades Gray, Assigns Rating To Notes
A “B2” rating was assigned to Gray Television’s proposed $525 million of new notes due 2024, and upgraded its existing notes due 2026.
FCC Says Farewell To UHF Discount
The FCC has abolishing its 30-year-old UHF discount, which gives TV station owners greater leeway in complying with the national audience reach cap.
Pandora Winks At On-Demand Options, Jabs Radio
Westergren took a swipe at radio industry account executives working "in an insular industry," saying that Pandora has to "go crack into that."
MEDIA MOVES: Tony Denton, Jaime Jiménez, MAB
Alpha Media sets a Market Manager for a North Carolina cluster, promoting from within; Entravision names a SVP in Los Angeles.
TV Duopoly Ditched In Huntsville
An ABC affiliate in Alabama was poised to enter a duopoly via a JSA with Raycom. Now, the station is going to an entity tied to Heartland Media.
TRANSACTIONS TODAY: WGNU, WNZZ, WGSG
Alabama AM, unbuilt FM translator sold; a St. Louis AM gains an FM translator; FL noncomm returned to seller.
Next-Gen Tech Gets Exposed By PILOT
An event this afternoon at Washington, DC’s Newseum will put the spotlight on how broadcasters are using next generation technology.
Samsung Now Totally Compatible For NextRadio
Samsung has become the first manufacturer to be completely compatible across all carriers in the U.S. with NextRadio, the smartphone app that enables free...
CBS Gets A ‘Buy’ In New Analyst Coverage
Drexel Hamilton’s Tony Wible also set his target price on CBS shares at $65.
Sinclair Adds $150 Million To Share Buyback Plan
The company, presently with $58 million in its current authorization, has set an additional plan in motion.
Analyst: Peak In Auto Sales Could Hurt Sirius XM
Analyst Quinn Foley warns that a slowdown in U.S. auto sales could negatively impact Sirius XM.
Small Broadcast Broadcasters Get FCC Fee Relief
The Commission revised its new fee schedule, lowering its price increases for stations in locales with under 75,000 people.
TRANSACTIONS TODAY: WQGR-FM, WFRW-FM
A Class A near Cleveland is going to Media One Holdings; a big noncomm operator closes on an Indiana FM set for a wattage boost.
Radio In 2022: An Open Letter To The Industry
PwC predicts flat revenue for the radio business through 2020. DMR/Interactive’s head believes we can do better.
Raycom Helps Bring Relief To Water-logged Louisiana
“Louisiana Rising” benefit concert also gets coverage on ABC O&Os, six other TV companies’ stations.