Media Stocks End Week On Largely Positive Note
U.S. financial markets ended the week with gains, ahead of the Dr. Martin Luther King, Jr., holiday on Monday. The Dow Jones Industrial Average soared 336.25, to 24,706.35, while Nasdaq was up 72.76 points, to 7,157.23. Among the gainers: Nexstar Media Group.
Two Shrinking Companies, One New Deal
Rumors continue to swirl about the future of Cox Media Group's TV stations. Now, there's even talk that the company wants to deal all of its Dayton holdings. With that backdrop, Cox has inked a new ratings deal with Nielsen -- a company also looking to pare down its assets.
SCAD Event Scores Its First Media Partner
The Savannah College of Art and Design (SCAD) has gained the attention of the television industry over the last seven years for its staging in Atlanta of what has become an annual signature event celebrating the TV industry. Now, it has its first-ever Official Media Partner for SCAD aTVfest.
Starks Selected, Carr Parked At FCC
The FCC is now a five-member body again—thanks to the Senate and a likely nod by the White House.
Five ‘Attractive Bets’ For Investors In 2019
In the opinion of one Wall Street observer, television broadcasters had "a terrific 2018." This momentum is expected to continue into 2019. Does this present a good opportunity for investors that wish to buy radio or TV company stocks? Yes, and here are the five companies Zacks singles out.
Innovation Challenge Finalists Selected By PILOT
The competition recognizes creative ideas that leverage technological advances in the production, distribution and display of engaging content and provides winners with development support.
Here Is Nielsen’s Official 2018-2019 DMA Ranker
It's here: Local television market universe estimates for the 2018-19 broadcast year are now official. What's newsworthy? Boise, Idaho rounds out the Top 100 DMAs, while Wichita and Spokane just miss out on a Top 75 ranking. Meanwhile, a resurgent Buffalo remains outside of the Top 50 markets.
TeleSouth’s Questionable Biloxi Spin Follows Alpha Adds
Alpha Media has agreed to sell its stations in Biloxi, Miss., in a deal brokered by Kalil & Co. Terms of the deal became known early Friday, along with new information regarding an FM the buyer must spin to meet market ownership caps. The party getting the spun FM is closely related to Alpha's buyer.
Please Support The Broadcasters Foundation
From hurricanes in the Southeast to devastating wildfires in California, it has been a difficult year for many across the U.S. Those impacted include members of the broadcast media industry. That's what makes the Broadcasters Foundation of America's annual year-end appeal, launched today, so poignant.
A New Owner For An ‘OLD FM
One year ago, an FM with call letters known for their unrelated use in an old Harry Chapin single was sold. Now, it is being spun again. We've also got an update on two deal closings in which Media Services Group served as the broker.
Northwest Passage Puts Apollo In Flight
Brian Brady was in the news several times in 2018 regarding a bitter retransmission fee dispute with Charter Communications that lasted four months. In January 2011, a similar dispute led DirecTV to yank his company's stations. Are such feuds now in the past, given a reported investment by Leon Black's buyout firm?
Make Your Nomination Now For NAB Tech Awards
The NAB has opened nominations for its 2019 Technology Awards, which are presented each year at the NAB Show in Las Vegas. The awards highlight significant achievements in the field of broadcast technology.
Does iHeart Have A Solid Plan?
Dec. 11, 2018, will be a very important day for iHeartMedia. On that date is the company's plan confirmation hearing. If the plan gets court approval, a "new" iHeart will be born. But, what if that doesn't happen? It's a possibility, says a senior legal analyst at financial research firm Debtwire.
DISH Dishes On Expected Drop Of Univision Deportes
On October 24, Univision Communications issued a warning that wasn't all that surprising to DISH Network and Sling TV subscribers: Customers could soon lose access to Univision Deportes Network (UDN), the MVPD-distributed sports-focused network offered by Univision. DISH dumped UDN on Tuesday, and has something to say about it.
A Testy Translator Battle Finally Ends For Tom Birch
After months of frustration, thousands of dollars in legal and engineering bills and difficulty in reaching listeners across four counties in North Carolina's Triangle region, an individual known for many years as the founder of radio industry research firm Birch/Scarborough Corp. can finally rejoice in delivering an interference-free Class A Country station to what it argues is its entire listening area — including a big chunk of Durham County.