Legacy

Joseph Electronics will be putting its Tote Caddie series of portable fiber-optic signal-acquisition systems for ENG, SNG, and other outside broadcast (OB) applications front and center at the 2017 NAB Show.

The television market of WSBS-22 in Key West, Fla., the station used by Spanish Broadcasting System as the flagship for its Mega TV mini-network, will now include 41 cable communities in the Miami-Ft. Lauderdale DMA, thanks to an FCC Media Bureau Order released today.

FCC Chairman Ajit Pai has created an internal task force designed to continue the Commission’s work in support of the restoration of communications services in the Texas Gulf Coast, Florida, Puerto Rico and the U.S. Virgin Islands — areas severely impacted by three strong hurricanes. Communications remains severely impaired in the U.S. Caribbean territories. Jessica Rosenworcel said, "You're Welcome." A Democratic House Member wants more.

Cumulus Media shares plummeted during Thursday's trading on the OTC exchange, following the Atlanta-based company's Wednesday evening announcement that it has elected to file for reorganization under Chapter 11 of the U.S. Bankruptcy Code. The filing by the nation's No. 2 radio broadcasting company by number of stations was made in U.S. Bankruptcy Court for the Southern District of New York. 

In a press release posted to the company website this morning, The E.W. Scripps Co. announced it is "creating a stronger, more streamlined and higher-performing company through comprehensive restructuring and cost reductions expected to yield more than $30 million in annual cost savings." It then revealed that it plans to sell its 34 radio stations across the U.S. and has retained Tucson, Ariz.-based Kalil & Co., Inc. to handle the process.

You still have time to register for a FREE Thursday webinar that will give you and your team fresh new insights on how "AI" can be applied to your radio and/or TV station's programming and sales efforts. Hosted by RBR+TVBR Editor-in-Chief Adam R Jacobson, this exclusive VIP session with two Veritone executives promises to provide broadcast media's C-Suite with great information that can immediately create new revenue opportunities.

When it comes to M&A activity for the nation's broadcast TV station owners, there's a lot of chatter — but does it matter? Yes, say two TV station owners appearing on a Thursday panel focused on mergers and acquisitions at the 35th Annual TV & Radio Finance Summit in New York.

A supplier of pro connectivity tools for audio, video, and data has named its new Marketing Director. This is a new position for the Charlotte-based company, Neutrik USA, and celebrates one month in the role.

Entercom head David Field loves his company's Q4 earnings results. Adjusted net income grew significantly. But, that's the result of an impairment loss. There's a good reason why this loss was taken, CFO Rich Schmaeling tells RBR+TVBR in an exclusive conversation that also touches on Entercom's debt.

The first regular feature will air June 18 on the Westwood One-syndicated program. It sees gaming "legend" Paul “Redeye” Chaloner join the host on his show on a weekly basis, chatting about gaming news, current standings, and new releases.

With Entercom Communications reeling from what has yet to be officially confirmed as a major ransomware attack, a "network penetration" tester shares how media companies can best avoid the level of problems faced by the radio broadcasting company in an exclusive interview with RBR+TVBR.

On Friday, an indirect subsidiary of Sinclair Broadcast Group elected to redeem 300,000 of its preferred units, using cash dividends from another indirect subsidiary -- both of which are tied to regional sports networks.

Thanks to its footprint, Cumulus Media's top executives are convinced that its own March Madness -- one that sees a flood of political dollars from the Mike Bloomberg for President campaign -- will greatly assist in achieving a Q1 2020 profit. Another free-spending candidate has also added to Cumulus' bottom line, while Bloomberg's spots are airing on another company's stations in N.Y.

Nova Scotia-based Nautel has decided to conduct a virtual edition of the company’s NUG@NAB Radio Technology Forum. In lieu of a live event at the now-canceled 2020 NAB Show, the online event will take place April 29.

As technology advances, many TV organizations are looking to work smarter, set themselves apart and generate new revenue streams. Artificial intelligence (AI) has emerged as a way to do all three — but are organizations fully taking advantage of it?