Legacy

“Nexstar’s first quarter financial results once again outperformed consensus expectations across all key financial metrics." That's the good word from Nexstar Media Group founder and Chairman/CEO Perry Sook, as the nation's biggest broadcast TV station owner reported higher net revenue on significantly lower net income. 

While the Q1 '23 results pleased the iHeartMedia C-Suite, a year-over-year revenue and adjusted EBITDA decrease was nevertheless seen. Oh, and there's the much bigger net loss. The good news is that the net loss was lower than what analysts anticipated, and audio/digital ads are on the rebound.

Visitors to the Nautel booth at the 2023 NAB Show were given the opportunity to get a “deep dive” into the features and capabilities of the tech company's new, 11 member 150 W – 6 kW FM VS Series rackmount transmitter family.

A tentative selectee was chosen in "NCE MX Group 200" by the Media Bureau's Audio Division. Then came a Petition to Deny from one of the applicants who wasn't chosen by the Commission. Al Shuldiner, the Audio Division Chief, reviewed the petition, and subsequently denied it.

If not, don't fret: the All-New Spring 2023 RBR+TVBR Special Report is available for download right here! You'll find an exclusive chat with Daniel Anstanding from Futuri about AI-powered radio. Plus, you'll find an exclusive interview with Dick Wiley, along great NAB Show insight — and that's just for starters.

A 57-page Mandamus Request was submitted with the court on March 28. On Friday, it was denied. This puts the proposed TEGNA transaction, which also sees Cox Media Group majority owner Apollo Global Management take on a significant non-voting majority stake in a "new TEGNA," in serious peril.

Nexstar Media Group is taking its NewsNation channel, distributed via MVPDs across the U.S., to a 24/7 programming schedule. The new offerings commence on Monday.

At the end of the day, there's been one constant over the 100 years of the NAB, even in today's dramatically changing media landscape: Localism. Yet, fragmentation took up much of the conversation as NAB head Curtis LeGeyt participated in a Welcome Session Q&A with Univision/Los Angeles journalist Gabriela Teissier.

That's the message many in the radio industry are crowing about, as the Internet Advertising Bureau, in partnership with pwc, on Wednesday released the Internet Advertising Revenue Report for the full year of 2022.

Users of the Audacy app are being asked to answer a five-question survey that presents some extremely specific questions how much they'd pay for "commercial-free radio on your favorite station" — a sign the company is seriously considering a paid tier, even as digital advertising growth continues to outpace linear ad attraction.

Soon, WURN-FM and its blend of Spanish Adult Contemporary "Exitos" will reach more of Miami-Dade County. The station's owners have GeoBroadcast Solutions to thank for the long-awaited boost to a signal licensed to Key Largo, Fla.

How can prose make your public speaking perfectly rosy? "Poetry is an exercise in communicating the most while talking the least," says veteran public relations executive Rosemary Ravinal. "Think about it this way: Poetry is like having a powerful live voice in a small package."

Hitachi Kokusai will demonstrate its latest 4K UHD camera systems at the NAB Show, and product debuts include an upgradeable camera system for professional live events and broadcast production with a cost-efficient path to 4K, and a next generation box camera for use in a variety of applications.

At the 2022 NAB Show, the biggest news among broadcast technology executives was the announcement that Thomson Broadcast has signed a definitive agreement to acquire GatesAir from an affiliate of The Gores Group. Now, the man who has served as CEO of GatesAir since 2017 is retiring, and his successor has just been named.

Nominations are closing soon for the 2023 Medallas de Cortez awards. The honors recognize outstanding professionals and organizations in the radio industry who have made significant contributions in all areas of Hispanic radio. Winners will be announced at the Hispanic Radio Conference in Miami.