A Consolidated Challenge To FCC Radio/TV Rules Is On
Just 18 days after the Supreme Court's 6-3 decision to end the "Chevron deference," the National Association of Broadcasters has filed an initial brief in its challenge to the Federal Communications Commission's local radio and television ownership restrictions.
Fifth Times The Charm? iHeart BK Plan Awaits OK
After five amendments, and some modifications, a Chapter 11 plan of reorganization initially proposed with its April 28, 2018 submission to the U.S. Bankruptcy Court for the Southern District of Texas is now in the hands of Houston-based judge Marvin Isgur.
Nexstar Shares Dip On Soft Q2 Results
“Nexstar delivered another period of solid financial results, building on our strong start to the year," company founder and Chairman/CEO Perry Sook said of Nexstar Media Group's second quarter earnings results. But, did the company meet or exceed Wall Street expectations?
Pandora Shareholders OK Sirius XM’s Purchase
It's a new day for streaming audio pioneer Pandora. Shareholders today in a special meeting gave the green light to its sale to Sirius XM Satellite Radio. What does this mean for Roger Lynch? We now know.
FCC Puts a Pause On Form 395-B Data Collection
It's a controversial matter, and as such there are presently three petitions for review of a FCC vote pending in a federal appeals court that seeks to put a stop to the restatement of data collection from broadcast licensees using Form 395-B. Privacy issues are the key concern for those seeking to stop the Commission.
Here’s How Cumulus Gained Coverage In Boston
In Massachusetts, Cumulus will be left with three FMs licensed to Worcester, some 50 miles to the west of Boston Common, once its station swap with Entercom concludes. One of these stations has a signal that has come just shy of reaching all of the market. Thanks to MaxxCasting, full-market coverage now exists.
Bloomberg: Moelis, Kirkland & Ellis Working With Byron Allen
The multimedia company led by Byron Allen has reportedly engaged both Moelis & Co. and Kirkland & Ellis as part of a plan to address its debt maturities amid cost cutting that a source says includes permanent work-from-home arrangements for staff in New York and in Southern California.
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.
FM Translator, Booster Total Hits New High
The FCC on Tuesday released its Broadcast Station Totals for the first quarter of 2019. The biggest headline from the new totals: Translators and boosters are still of high interest to licensees, and in a big way.
Detroit’s Dean of Local TV News To Retire
After joining Graham Media Group's flagship television station in August 1995, Devin Scillian has announced he will retire from television in the coming weeks. Scillian is perhaps the most familiar face in Detroit when it comes to local news, and has been a key figure in WDIV "LOCAL 4"'s dominance in the market.
As Expected, Entercom Delivers A Strong Q1
No matter how you look at the numbers, investors and industry executives should be very pleased with how the first quarter of 2019 is shaping up for the radio industry's biggest players. On the heels of a largely positive Q1 report card from Beasley, Entercom is glowing.
With Trump Win, A New FCC Awaits Broadcasters
It was predicted by some, but wholly unexpected by many still digesting the results. Donald J. Trump will be the 45th and the 47th President of the U.S. come January 20, 2025. What this could mean for broadcasters is monumental, as the Rosenworcel Commission will be coming to an end, along with Democratic control of the upper body of Congress.
Breaking Down The Benefits Of Sports Gambling For Media
David Oxenford has become a top voice in D.C. on what broadcast media can -- and cannot do -- following a Supreme Court decision that left the legalization of sports wagering up to state legislatures. He had much to share at the Media Finance Focus conference on the subject.
Lara Exit Leads To A TelevisaUnivision Local Team Shift
The world's top producer of Spanish-language media content is moving ahead with the implementation of what CEO Daniel Alegre calls "significant and necessary changes" — "all aimed at strengthening our position for 2025 and beyond." The changes are triggered, in part, by the decision of Jesus Lara to leave.
KYW Union Employees Ink New Entercom Deal
RBR+TVBR has confirmed that on-air talent represented by the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) have agreed to a new contract with Entercom Communications-owned all-News KYW-AM 1060 in Philadelphia.