Sinclair TV Group Offer, Solicitation Gets Big Early Participation
Sinclair Inc., which has taken a lead role in the development and rollout of ATSC 3.0 digital broadcast technology and its associated datacasting services, has good news to share regarding early participation and consent results for a private exchange offer tied to its Sinclair Television Group subsidiary.
MediaCo Exercises Its Option To Acquire Estrella Media Assets
MediaCo Holding Co., the Standard Media-controlled licensee of broadcast properties led by former Spanish Broadcasting System executive Albert Rodriguez, is exercising its option to purchase the radio and TV stations it has been operating for 10 months. Details surfaced in a FCC filing made late Friday.
Gray To Debut NEXTGEN TV Enhancements On Super Sunday
Gray Media will broadcast Super Bowl LIX using High Dynamic Range (HDR) on all of the company's FOX-affiliated television stations available via the ATSC 3.0-powered NEXTGEN TV digital broadcast standard.
FCC’s Gómez Chastises Carr, Simington For ‘Fishing Expedition’
The junior Democrat sitting as an FCC Commissioner has issued another missive against the Chairman and Republican Commissioner Nate Simington for moving forward with a probe of CBS News for alleged news distortion — a claim made by President Trump days before he won the 2024 U.S. presidential election.
Disney Shares Dip As Company’s Streaming Subs Slip
On its face, the fiscal Q1 2025 results from the parent of ABC Owned Stations looks great. The company beat the estimates of analysts who chimed in on both revenue and Earnings Per Share. However, a notable decline in the number of streaming subscribers caught investors' attention, sending "DIS" down more than 2% on Wednesday.
Longtime Air Personality David ‘Ace’ Cannon Dies
David “Ace” Cannon, who until September 2024 was one-half of the syndicated "ACE & TJ" morning show based in Charlotte, has died at the age of 56. Social media posts from stations including iHeartMedia's WHQC paid tribute to Cannon, who had been a wake-up fixture in the Queen City since 1998.
FOX Corporation CEO Dishes On New D2C Offering
With operating momentum and "strong financial performance" fueling Fox, CEO Lachlan Murdoch has much to cheer about. "We are firing on all cylinders," he noted during the Fox Corporation fiscal Q2 2025 earnings call on Wednesday. There could be more significant revenue growth coming soon.
Fox Knocks It Out Of The Ballpark In Fiscal Q2
Fox Corporation shares were on the rise across Tuesday morning, as investors responded positively to a fiscal Q2 2025 report card that saw the owner of FOX Television Stations enjoy earnings per share that surpassed Street expectations by a whopping 50.2%.
Howitt To Retire As Sinclair’s Programming Head
In May 1976, an Ashland University graduate took at job at WUAB-TV in Cleveland, focusing his efforts on television production, promotions and programming. In 1994, he would join Sinclair Inc. to lead its TV programming needs. Now, after nearly 50 years in the industry and 30-plus years with Sinclair Inc., he's retiring.
Anna Gómez Slams ‘FCC Weaponization Against CBS’
The junior Democrat serving as a FCC Commissioner has criticized the newly installed Republican leadership under the Trump Administration for its decision to fully pursue a complaint brought against one of the "Big Four" networks for apparent manipulation of a pre-election interview with Vice President Kamala Harris.
Economic Uncertainty Fueling an Ad Spend Deceleration
Add PQ Media to the group of global advertising data analysis firms that has crunched the numbers, reviewed key trends, and has concluded that 2025 will be softer than 2024. As PQ Media sees it, recessionary fears persist. Then, there is the uncertainty tied to a second Trump Administration as it pertains to potential tariffs and other international trade matters.
Carr Queries NPR, PBS Over Underwriting Overreach Concerns
The Chairman of the FCC is ready to examine the fine line between underwriting support and paid advertisement, and if either PBS or NPR have stepped over that line improperly. He's called on the Enforcement Bureau, aided by the Media Bureau, to investigate.
Carr Slammed By FCC Democrats For Public Media ‘Intimidation’
News that the Chairman of the FCC is ready to examine the fine line between underwriting support and paid advertisement, and if either PBS or NPR have stepped over that line improperly, has been met with derision by the two Democrats who sit on the Commission.
Weak Guidance, Strong Q4 From Canadian Giant Rogers
Rogers Communications experienced a 10% revenue jump for its media division in Q4 2024, thanks to higher sports- and entertainment-related revenue within the segment. But that was lower than what was originally anticipated. Worse yet, the 2025 is somewhat glum. Investors weren't fazed as Thursday's trading on the TSX neared its conclusion.
David Field Steps Down At Audacy
Audacy Board of Directors member Kelli Turner will serve as interim President/CEO, effective immediately. The company, which is now privately held and has majority ownership held by Soros Fund Management, made the announcement shortly after 9am Eastern. Field will take a new position as Special Advisor to the CEO and the Board.














