Nexstar Goes With Veteran Broker For WJMN-TV Spin

As RBR+TVBR exclusively reported on Thursday, Ralph Oakley, who led the former Quincy Media, Inc., is returning to ownership and coming out of retirement. A new LLC formed by Oakley is acquiring a Nexstar Media Group TV property. We now know who served as Nexstar's broker of record.
Ralph Oakley, who led the former Quincy Media, Inc.

Ralph Oakley Back In Business With Nexstar Station Buy

By April 2022, the man who led Quincy Media, Inc., was all but retired, as he was honored with a Broadcasters Foundation of America Leadership Award. Now, in a surprise, Oakley has just returned to broadcast TV station ownership. And, it is thanks to a deal with Perry Sook-led Nexstar.

Verizon To FCC: No Authority For ‘Blackout’ Rebates

Verizon FiOs has shared its thoughts with the FCC regarding a plan that would provide rebates to customers in the event local TV stations are blocked, by law, from viewing due to the lack of a retransmission consent agreement. In short, it's calling out the Commission for overstepping its authority.

Sinclair Inc. Sets A Q1 Results Release Date

Sinclair Inc. has announced when it will share with analysts, investors and the general public its first quarter 2024 financial results. What can they expect to hear from the owner of broadcast television stations, tower company Dielectric, ad sales entity Compulse, and Tennis Channel?

DirecTV Suggests FCC ‘All-In Pricing Order’ Goes Beyond Legal Authority

Pro-cable TV advocacy group ACA Connects in March expressed its disappointment in a 3-2 vote by the Commission to establish an "all-in pricing order" for the cable television industry, designed to give consumers billing clarity. Now DirecTV has shared its thoughts, and its displeased, too.
Sinclair

Sinclair Uses AI For Tennis Channel Translation

In 1995, "Machine Translation" was a great concern among professional translators. Nearly 30 years later, translation and dubbing services may not require a human after all, thanks to GenAI and its rapid ascent in the broadcast media marketplace. And, among its first users is Sinclair.
Auddia

Tech Company Behind faidr App Secures Key U.S. Patent

The developer of a proprietary AI-powered platform that includes the subscription ad-deletion streaming service for radio branded as faidr has been awarded a U.S. patent for the core technology powering the smartphone app. The news sent the company's stock soaring on Monday.

Atlanta DMA Station Owner Wins Must Carry Battle

"A station assigned by Nielsen to one DMA but physically located in another .... has two local markets in which it may simultaneously demand carriage," the Media Bureau Policy Division Senior Deputy Chief ruled in a matter involving DISH.

Roger Wahl Fails In Attempt to Overturn License Revocation

It was all but certain that Roger Wahl, a convicted felon, would be stripped of his broadcast license for an FM radio station in Somerset County, Pa., after an August 2022 determination from the FCC's Administrative Law Judge. This week, Wahl was officially given a revocation order.
Bob Iger, pictured in 2017

Nelson Peltz Fails In Disney Push. What’s Next For ABC’s Parent?

While final voting tallies are subject to certification by Disney’s independent inspector of elections, it appears the battle waged by dissident shareholder Nelson Peltz for new leadership and a fresh business direction is over. What's next for Disney? Analysts at MoffettNathanson shared their thoughts.

‘Net Neutrality’ Vote Coming For FCC

Republicans don’t want it. Democrats do, and with three votes the return of Title II classification for broadband services appears to be a lock — turning the clock back to the Wheeler Commission rule change reversed by the Commission under Ajit Pai.

FCC Unanimously Approves ‘ZoneCasting’ NPRM

In a major victory for GeoBroadcast Solutions, overcoming widespread opposition from various radio industry voices, the FCC has adopted changes to its rules that will allow FM booster stations to originate programming — "subject to future adoption of processing, licensing, and service rules" as proposed in a Further Notice of Proposed Rulemaking.

CBS O&Os Turn To Gray For Research and Consulting Needs

CBS has signed an agreement that sees it retain Gray Television's in-house news research and consulting group as a provider of market research and news consulting services to all 14 CBS owned and operated television stations.

Ravi Kapur OKs Estrella Media Lease Deal For S.F.

The Spanish-language broadcast TV network owned by the privately held media company led by CEO Peter Markham has added an affiliate for the San Francisco DMA.  It's thanks to a newly signed agreement with an individual known for his service to South Asian consumers.
Bill Wilson

A Big Share Repurchase, Guidance Affirmation, For Townsquare

MSG National Properties LLC is shedding a big chunk of its stake in Townsquare Media, thanks to a repurchasing agreement executed by the owner of local radio stations in mid-sized and small-sized markets as well as a digital marketing solutions company and a digital advertising network.