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The broadcast TV arm of FOX Corp. led by CEO Jack Abernethy, is restructuring its Advertising Sales division by merging its local, national and digital sales efforts into one unit. The move, the company says, is designed to "leverage the power" of FOX's news content, live sports and digital/streaming platforms.

In a transaction that sees Michael J. Bergner serve as the broker, Beasley Media Group is parting ways with a standalone FM in a market adjacent to the Cradle of Liberty, where it operates six brands. The price and deal details are included in an asset purchase agreement filed late Monday with the FCC.

Paramount Global unit has confirmed that Neeraj Khelami will be relinquishing his role as President and co-Head of CBS News and Stations. At the same time, CBS Media Ventures President Steven LoCascio is retiring. Their respective duties will be absorbed by a former longtime ABC Owned Stations leader.

Orlando Salazar, who in February agreed to buy Mega TV for SBS to use as a broadcast home for his conservative Spanish-language news portal, is reportedly in discussions to acquire Americano Media. That's the conservative Spanish-language News/Talk operation once on SiriusXM presently offering programming to Audacy and iHeartMedia AMs across Florida.

Viewers in the nation's fourth-largest market now have access to television signals delivered via free-to-air stations thanks to ATSC 3.0 technology that is being rolled out across the U.S. on a voluntary basis. Pearl TV confirmed to RBR+TVBR which station is the "lighthouse" ATSC 3.0 TV station for Philadelphia.

The owner of Standard Media Index, Lumina, and SQAD finds that June 2023 marked the third lowest month in nearly seven years for proportion of spend against new entertainment programming (20.9%) versus repeat entertainment programming (79%). It is the lowest dip in share since the pandemic. 

The Walt Disney Company earns billions of dollars each quarter from its Linear Networks, one of three key components to the Disney Media and Entertainment Distribution division's bottom line. How did those Linear Networks, which include the ABC Owned Stations, perform in the fiscal third quarter of 2023? Revenues were down 7%, while operating income slid considerably.

If it were up to broadcast television station affiliate group members, the NAB and Senate Commerce Committee Chair Maria Cantwell, retransmission consent regulatory policy would be extended to vMVPDs.  The two leading Republicans on the House Committee on Energy and Commerce aren't so keen on the idea.

As tough comps and continued macroeconomic uncertainty are heavily impacting the nation's top two radio station ownership groups, Townsquare Media in Q2 again sent the message that it's different — and its Digital Advertising prowess did much to help the company's revenue come in just shy of second quarter 2022's political dollar-aided results.

The nation's biggest owner of broadcast television stations issued its second quarter 2023 earnings report ahead of Tuesday's Opening Bell on Wall Street, and for shareholders the three-month period was a good one. Revenue came right in line with what 9 analysts polled by Yahoo! Finance predicted, while its diluted earnings per share easily surpassed the consensus estimate of 8 analysts polled.

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.

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.

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.

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.

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.