DISH To Combine With EchoStar In All-Stock Merger
The transaction was negotiated and recommended by Special Committees of Independent Directors of both companies and unanimously approved by the Boards of Directors of both companies, DISH announced ahead of the release of its second quarter 2023 earnings report.
Blaze Media Request To Dismiss Sexual Harassment Claim Denied
The conservative-leaning media company created with the merger of CRTV LLC and Glenn Beck-founded TheBlaze, today led by CEO Tyler Cardon, lost its bid to dismiss a complaint filed in February by a former host who alleges her on-air companion made disparaging, ongoing misogynistic comments during their show.
Against Difficult Comps, Scripps’ Distribution Revenue Fuels Q2
With year-over-year analyses marred by record 2022 political advertising and varying degrees of core advertising softness, "subscription" or "distribution" revenue is buffeting The E.W. Scripps Co. Revenue in Q2 for Scripps slipped by 1%, even though core ad dollars dipped by 5.2%. One big reason: a 14% rise in retransmission consent fees.
Gray Shares Soar As Core Advertising Grows In Q2
Just what do Gray Television investors think about the company's second quarter earnings results, released Friday morning? Simply take a look at the company's core ad growth during the three-month period. At Friday's Closing Bell, "GTN," which trades on the NYSE, was up by more than 20% from Thursday's close.
Harker To Retire As TEGNA CFO
Victoria Harker, at the conclusion of TEGNA's second quarter 2023 earnings call for analysts, shareholders and debtholders, revealed that she'll be retiring in roughly 200 days. This gives Harker, and TEGNA, plenty of time for a transition, with her successor already revealed.
Standard General Termination Fee Fuels TEGNA In Q2
Automotive is up for the fourth consecutive quarter. That said, "Subscription" revenue, a.k.a. retransmission consent dollars, saved the day for TEGNA in Q2 ... as did a hefty merger termination fee paid for by Soo Kim's group.
Sinclair Narrowly Beats the Street On Q2 Revenue
On tough comps due to a banner 2022 for political advertising, Sinclair Broadcast Group widened its loss in the second quarter of 2023. That said, the company's revenue beat the consensus estimate of analysts polled by Yahoo! Finance.
Hearst Lengthens, And Widens, Its CW Affiliation Deal
The CW Network is extending, and expanding, its network affiliation agreement with Hearst Television. The accord keeps the network in six markets where Hearst stations enjoy affiliation agreements, while a new CW affiliate for Hearst bows on Sept. 1.
Nexstar Calls For ‘Next-Gen’ Audience Measurement Partner
Nexstar Media Group has issued an open Request for Proposals seeking "a next-generation audience measurement partner capable of providing data that accurately reflects the scale and power" of its national and local media businesses. It's a direct shot at Nielsen, with Nexstar now aligning itself alongside NBCUniversal by expressing the need for "innovative new products."
Radio Hall of Fame Inductees Revealed
Eight esteemed current and former radio industry professionals will be inducted into the Radio Hall of Fame as part of its 2023 class. They include longtime air personalities, one esteemed local market leader, a familiar vote to NPR listeners, and Radio Ink and RBR+TVBR President/Publisher Deborah Parenti.
As Sports Viewing Evolves, Visibility Is Key
With Wimbledon now concluded, Kantar U.K. Commercial Director for Sport Andrew Brember couldn't help but notice the change in sports viewers’ behaviors and how events that were once broadcast on linear channels only are becoming available on all platforms and all screens, making cross-media audience measurement crucial to stay on top of the game. But, is the U.S. an anomaly?
NASCAR Xfinity Series Goes Exclusive With The CW
The Nexstar Media Group-controlled television network will be the lone place to view the NASCAR event, starting in 2025. It is a seven-year deal, which sees The CW broadcast 33 live NASCAR Xfinity Series races annually, along with practice and qualifying events each weekend.
Senate Commerce Committee Sends AM Radio Act To Floor Vote
The AM Radio for Every Vehicle Act of 2023, with no further debate or discussion and with wide bipartisan support, has been passed by the Senate Commerce Committee and is now poised for a full floor vote in the upper body of Congress. Interestingly, Sen. Gary Peters (D-Mich.) changed his vote to a 'No,' preventing S.1669 from passing unanimously.
It’s Now Networks Vs. Local TV Station Owners On Retrans
The nation's "Big Four" networks are being joined by Fubo, Warner Bros. Discovery, Roku and the two major Spanish-language television groups with the formation of a coalition that aims to upend swelling support to extend retrans to vMVPDs. It comes in response to the recent creation of The Coalition for Local News.
A Five-Year Global Entertainment & Media Outlook Arrives
Resetting expectations, refocusing inward and recharging growth. That's the key takeaway from pwc's just-released report offering perspectives from its Global Entertainment and Media outlook for 2023–2027. What does pwc have to say about broadcast media, in particular?














