TEGNA Picks Kizer For Top Des Moines Role
For the last 12 years, he’s led the team in the Quad Cities of Illinois and Iowa. Now, he is taking the additional role of President/GM of the company's ABC and The CW stations serving Iowa's state capital.
House E&C Democrats Voice Support For FCC AI Proposal
Democrats on the House Communications and Technology Subcommittee have penned a letter to Jessica Rosenworcel expressing their strong support for a NPRM to "promote transparency" by requiring disclosure when content generated by artificial intelligence is used in political ads.
Sinclair Expands Podcast Division With Sports Offerings
Sinclair Inc. may be primarily known for its broadcast television stations, the Tennis Channel and four digital multicast channels, but it also has a podcast division. On August 21, it is officially expanding with the launch of a new slate of sports programming titles.
Corus Complains To Ottawa Over Rogers’ WBD, Disney Deals
Come 2025, “some” Warner Bros. Discovery programming will not be renewed, Corus Entertainment shared in June. That's because Rogers Sports + Media grabbed the rights to the the WBD content Corus is losing, in addition to NBCUniversal content. Now, Corus is taking its battle to the CRTC.
Audacy Touts Sports Radio’s Advertiser Impact In New Study
The timing of the report comes one day after the announcement that WCBS-AM in New York would become the new home of "ESPN New York" thanks to a lease management agreement (LMA) with Good Karma Brands.
Scripps Eliminates COO Role; Knutson To Depart
In an internal e-mail distributed on Monday afternoon to all employees, The E.W. Scripps Co. announced "the elimination" of the Chief Operating Officer role at the owner of broadcast TV stations and digital multicast networks, effective December 31. This will see Lisa Knutson exit at the end of 2024.
Beasley Bests Analyst’s Q2 Forecasts, Wins Zacks ‘Buy’ Call
It was a narrower net loss for radio station owner Beasley Broadcast Group in the second quarter of 2024, and it surpassed the estimate offered by an analyst who shared his predictions with Yahoo! Finance. That positive momentum was buoyed a positive assessment of Beasley shares by Zacks.
Scripps Plays Up Political Power, Sports Commitment
Scripps President/CEO Adam Symson focused his conversation across the company's second quarter 2024 earnings call held Friday morning on two areas he believes make the company ripe for growth: Political advertising and live sports.
Scripps Sees Q2 Revenue Decline, Missing Analyst Forecasts
The E.W. Scripps Co.'s executive leadership team will be waiting until Friday morning to dissect its just-released Q2 report, giving investors and analysts time to digest the data and seek answers as to why the company missed the consensus revenue estimate of 5 analysts in a significant way.
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?
Pleased, But With Limitations: Gray’s Q2 Review
"While we are overall pleased with our results in the second quarter, macro-economic and other factors largely beyond our control appear likely to result in somewhat lower revenues for the year than we previously anticipated." That, in a nutshell, is how Gray Television describes its Q2 performance.
Sinclair Offers Q2 Results Glimpse Ahead Of Call
Sinclair Inc. executives at 4:30pm ET Wednesday were poised to begin their Q2 earnings call. Ahead of that event, the company shared its Q2 2024 earnings presentation, in which it shared it exceeded its Adjusted EBITDA guidance as total ad revenue came at the low end of its guidance.
BIA Trims Local TV, Radio Ad Forecasts for 2024
BIA Advisory Services has released its first look at its 2025 total U.S. local ad projections and says revenue will reach $171 billion next year — a rise of 5.5% on an ex-political basis. At the same time, BIA adjusted downward its 2024 forecast for linear TV and for radio, based on new expectations.
Digital Prowess Powers Townsquare As Impairment Charge Impacts Q2
How did the NYSE-traded operation led by CEO Bill Wilson, Chief Operating Officer Erik Hellum and CFO Stu Rosenstein perform in Q2? Net revenue sailed past Wall Street estimates as non-cash impairment charges impacted the company's overall numbers.
Univision Adds Two New Affiliates in Indiana
A licensee formerly known as LeSEA Broadcasting founded in 1972 by Lester Sumrall has largely been known for Christian-themed programming. Now, the company is bringing one of the biggest Spanish-language networks in the U.S. to two of its TV stations.