Legacy

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.

Nine years ago, Salem Media Group added a second FM to the Greenville-Spartanburg market to pair with its conservative Talker branded today as "The Answer." This yielded "Earth FM," today an Adult Hits station with a simulcast partner reaching Anderson and Clemson. Those FMs have just been sold, and investors were hardly pleased.

The founder and dean of the NAB Leadership Foundation’s (NABLF) Broadcast Leadership Training program will receive the 2023 National Radio Award from the National Association of Broadcasters (NAB). The award will be presented at NAB Show New York during the 2023 Marconi Radio Awards Dinner on October 25.

The founding President of the FOX Broadcasting Company has joined a coalition of former TV executives in seeking a hearing designation order for the Philadelphia property — on the grounds that its 2020 U.S. presidential election coverage from FOX News warrants the loss of the station's license.

As May 2023 came to a close, The E.W. Scripps Co. attracted attention for sharing with its employees details about a local news initiative designed to transform how its broadcast TV stations report and produce its newscasts on a daily basis. This week, the publicly traded company announced via an internal memo the creation of five new RVP/GM positions.

Two cities in the Golden State, in addition to a municipality in Alamogordo, N. Mex., could be on the verge of getting their first local television service. Should the FCC say yes to the petitions, these locales would get VHF band noncommercial educational TV facilities added to the Commission's Table of Allotments.