Legacy

The Commission on November 1, 2022, adopted a forfeiture order fining the broadcast TV station owner hundreds of thousands of dollars for violating its Top Four ownership rule in Anchorage, Alaska. Gray blasted the FCC, calling the Order “wrongly decided” and pledging to take the Commission to court. Gray has moved forward with that promise.

He’ll lead a four-person team at CPB to work with FEMA to administer funding to public media stations for the Next Generation Warning System. Introducing the new Executive Director for the next-gen system.

Elenos Group is reveling following its receipt of two “Best of Show” awards at the 2023 NAB Show in Las Vegas. The products were formally launched at the conference and expo, held in April. One honor was given to Elenos for its new Quick Block transmitter systems and philosophy.

The event, which attracts leaders from across the media industry who represent varying verticals, encourages discussions focused on opportunities and challenges the media industry faces from the lens of optimized ad buying and selling activity.

Are the lone opportunities in television associated with low-power TV stations? Is the broker pool about to get shallower, because the deal-making marketplace simply can no longer support so many? Bob Heymann, the Chicago-based broker with Media Services Group, answers these questions and more in this InFOCUS Podcast, presented by dot.FM, hosted by Editor-in-Chief Adam R Jacobson.  LISTEN HERE

He operates two Albuquerque-area radio stations through an agreement with their owner, Vanguard Media. Now, he's seeking a similar arrangement with the latest court-appointed trustee to assume control of the radio stations formerly licensed to Ed Stolz and his Royce International Broadcasting.

“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.