Legacy

Days before David Kenny relinquished his CEO duties, giving them to company veteran Karthik Rao, privately held global marketing research, data analytics and audience measurement giant Nielsen agreed to resolve allegations of systemic race-based hiring discrimination in both Dallas and San Antonio, as identified by the U.S. Department of Labor.

The Michigan-headquartered broadcast technology company will introduce its ENCO-GPT AI solution for ad copy generation to international audiences following a successful NAB launch and will showcase its now-shipping WebDAD 3.0 for remote broadcast and production in the cloud. ENCO exhibits at Stand 8.C73.

First announced and demonstrated at NAB 2023, Tachyon LIVE brings Cinnafilm’s award-winning media transformation technologies to live workflows for the first time. IPXCode with Tachyon LIVE provides broadcast-quality standards conversion.

The entity that in July 2021 acquired KRBL-FM 105.7 in Idalou, Tex., in a bankruptcy auction is agreeing to transfer the property to a group that will convert the facility to non-commercial status. The buyer's roster of directors includes Brad Moran, the heir to Ramar Communications.

Sen. Ted Cruz, the outspoken Texas Republican, used a few minutes of free time before the full Senate voted on Anna Gomez's nomination to be a FCC Commissioner by voicing his opposition to her. In his view, First Amendment freedoms are at risk, while taxpayer harm will result from her taking the fifth seat at the agency.

Just how fiscally risky is a protracted retransmission consent between Charter Communications, owner of the Spectrum MVPD, and The Walt Disney Company? According to a S&P analysis, billions of dollars in annual revenue is at stake.

In May 2022, RBR+TVBR first reported that Hemisphere Media Group, owner of longtime local news leader WAPA-TV, would be obtaining ownership of TelevisaUnivision's radio stations serving the Puerto Rico market. That transaction has now closed, but TelevisaUnivision's presence is still very much in place and will remain so, per the terms of the transaction.

With much chatter surrounding the future of television, thanks to an impasse between Charter Communications and The Walt Disney Company, investors are expressing their nervousness over a day when retransmission consent revenue could evaporate for over-the-air TV. Both Gray Television and The E.W. Scripps Co. were the companies that saw Monday stock depreciation.

A total of 41 television stations with a reach of nearly 22 million television households across the U.S. will not be participating in any "great affiliation swap" anytime soon.  It's thanks to a new agreement reached between Nexstar Media Group and one of the nation's "Big Four" networks.

U.S. financial markets may have finished the day with mixed activity, but media stocks took a beating from investors over concerns a retransmission consent dispute between Charter Communications and The Walt Disney Company has sparked an irreversible disconnect between broadcast TV companies and MVPDs — a potentially revenue-depreciating action.

Sinclair Broadcast Group has signed a fresh multi-year deal that not only renews station affiliations but returns The CW in 21 markets where DirecTV has been unable, by law, to bring the network to local viewers since July 12.

The former General Manager of NBCUniversal-owned WTVJ-TV in Miami, who is also known as the first President of the company's Spanish-language Telemundo broadcast television network, has died at the age of 80.

With Emmis Corporation earning "overwhelming support" from shareholders to amend its articles of incorporation, the company is moving ahead with a three-year privatization plan allowing it to reinvent itself and invest in new endeavours outside of radio station ownership. Now, "the programming genius" behind some of its former hallmark radio stations has announced his retirement — sort of.

Spanish Broadcasting System (SBS), the Hispanic multimedia company ready to refocus exclusively on its digital and audio assets, released its Q2 2023 financial results late Monday. How did SBS do? Net revenue climbed 1%, but a rise in expenses negated the ability to generate a profit.

The NAB DSA annually recognizes a broadcaster who has made a significant and lasting contribution to the American system of broadcasting. Known to sports fans as “JB,” he is a three-time Emmy Award-winning broadcaster and has served as host of “THE NFL TODAY" on CBS since 2006.