Legacy

The New York Post late Monday, citing unnamed sources, reported that Apollo Global Management -- the controlling party of Cox Media Group -- had teamed up with dissident investor Standard General, led by Soo Kim -- on a binding TEGNA acquisition bid valued at upward of $8 billion. TEGNA on Tuesday morning confirmed the offer.

Backed by Disney General Entertainment, Marsh’s multiyear production deal will develop "world-class, brand-defining content" for Disney’s streaming and linear platforms including Disney+, Hulu, Disney Channel, Disney Junior, ABC, National Geographic, Freeform and FX.

There's a new over-the-top (OTT) and connected TV offering that's now available for viewers across the U.S., accessible via such platforms as Roku and Amazon Fire TV. It allows viewers "to connect with local news and information relevant to their lives." Yes, there are plenty of apps that do this already. But, this is the first to involve Hearst Television stations.

A new television viewership report from the spot cable arm of the company that owns Peacock, NBCUniversal and Universal Studios, as well as Comcast, finds that streaming "consistently" serves as a strong complement to traditional TV ad campaigns.

The Gauge, Nielsen's snapshot of viewing trends, shows a leveling of viewership after three months of steady growth. We've got the details right here.

The head of Davis Broadcasting Inc. has personally written to those in favor of a resolution that would prevent the levying of any new performance royalty payments on Radio. While the biggest piece of legislation on Capitol Hill designed to do this is largely dead, recording industry advocacy group musicFIRST on Monday will seek to resuscitate it.

The importance of fact-based broadcast radio and television journalism at a time when misinformation is running rampant on social media is a key mission for local news organizations across the U.S.  It's also integral to the NAB, which has unveiled a new ad campaign giving a boost to local stations in particular.

The Alliance for Women in Media Foundation is the latest organization to institute a "COVID Change" for an upcoming in-person gathering. The 46th Annual Gracie Awards will now be a virtual affair.

A new study, authored by Ph.D. Economist Hal Singer and Ted Tatos, examines whether large technology companies should start contributing to the agency's $9 billion a year program that supports efforts to bridge the digital divide. It comes following a May 2021 suggestion by one FCC Commissioner that Big Tech should start paying its fair share toward the Universal Service Fund.

ViacomCBS's BET unit has formally launched BET Studios, with a pledge of offering equity ownership for Black content creators. The principal partners are Kenya Barris, Rashida Jones and Aaron Rahsaan Thomas.

In anticipation of its October transformation from a MVPD-distributed offering with roots in the OTT space to a digital multicast network, the E.W. Scripps Co.-owned Newsy has unveiled a new programming lineup — and the news teams behind the shows set to air.

It’s the best Hispanic Radio Conference ever, and today is the last day to take advantage of the best registration rate there is. Don't spend more money tomorrow -- secure your seat in Miami right now!

Norman Shapiro's Weigel Broadcasting has just signed off on the purchase of three over-the-air broadcast television facilities serving the nation's second-largest television market. The seller: An entity that among its properties were low-powered TV stations using VHF Channel 6 to serve radio listeners with audio at 87.7 MHz.

The Hispanic Radio Conference is scheduled for September 22-23 at the Intercontinental in Doral, just minutes from Miami International Airport and all of the key U.S. Hispanic media and marketing companies with offices in South Florida. Not attending? You could regret that decision.