TV/Cable News

With less than 30 minutes remaining in Monday's Nasdaq trading session, Sinclair Broadcast Group shares were up 23 cents to $17.42. That's good news for investors who stuck with SBGI through a $14.53 close on December 28 — its lowest since February 2013. Even so, The Motley Fool has issued a warning to investors.

In June 2022, the longtime independent news-oriented television operation owned by President/CEO Dick French that was born out of now-defunct WTZA-62 in Kingston, N.Y., filed a Petition for Rulemaking with the FCC seeking an upgrade of a Boston-area facility. A Notice of Proposed Rulemaking was issued in late October 2022. Now, the FCC has affirmatively given RNN the go-ahead to shift from VHF to UHF.

When Mike Cavanagh rose in October 2022 from Chief Financial Officer to President of the company, it opened up a C-Suite slot Comcast Corp. needed to fill. On Friday, the owner of NBCUniversal did just that.

MoffettNathanson Senior Analyst Michael Nathanson and his team have spent the past few weeks digging into the details of the deal to better understand the strategic and financial impact to YouTube. What Nathanson has to say is hardly flattering.

The latest "Chart of the Week" from Borrell Associates takes a peak at the percentage of broadcast television advertisers who plan to reduce spending in 2023.  But, where are these advertisers planning to reduce their spending? Yes, TV advertising is No. 1 on their list. But, what about radio and other forms of media?

As its controlling interest holder, Apollo Global Management, awaits regulatory approval from the FCC on a transaction that will see it become a minority non-voting interest holder in TEGNA following its acquisition by Standard General, Cox Media Group can revel in knowing that its broadcast TV stations will not be at risk of a "blackout" on a major U.S. MVPD.

As 2022 ended, RBR+TVBR first reported on the pending arrival of NEXTGEN TV signals for four broadcast television stations serving the Miami-Fort Lauderdale market. That debut has indeed transpired — and doesn't involve the owners of the ABC or FOX affiliates, nor does it involve The E.W. Scripps Co.

On December 15, JetBlue scored an exclusivity deal that makes Peacock the preferred visual entertainment offering on board the majority of its flights. Now, Paramount+ has scored an exclusive partnership of its own, benefiting those who earn SkyMiles.

He's been associated with the ABC affiliate serving the National Capital Region since 2005, and before serving as Station Manager held the roles of Director of Sales, Sales Manager, Director of Business Development, NSM and Local/Political Sales Manager. Now, he's rising to the role of VP/GM.

He most recently served as Chief Revenue Officer of Plex, where he oversaw global revenue generation inclusive of programmatic and direct ad sales, content development, ad operations, ad sales marketing, ad tech and product organizations. He's now the latest hire to join the executive leadership team at the Byron Allen-led Allen Media Group (AMG).

Sinclair Broadcast Group has selected a Vice President and Associate Group Manager who will be responsible for the oversight of the company's television stations in Raleigh-Durham, Mobile, and in three Florida markets. That promotion was just one of many made by Sinclair as the New Year began.

Just-released Standard Media Index data show National Linear TV ad spending declined by 2% in November 2022, which stabilized to -0.6% when including NFL Streaming and Amazon NFL activity. Despite this, as marketers engaged in holiday brand promotions, November marks the best month of 2022, minus December.

The FCC has outlined a series of low-power television stations that on October 3, 2022, failed to file license renewal applications. As such, their licenses will expire as of February 1, 2023, provided no renewal application is received by midnight on the date of expiration.

As anticipated, Brunico Communications, the company that stages such events as the Banff World Media Festival and is the publisher of four screen and production-focused titles, has received judiciary approval of its previously announced purchase of the assets of NATPE, which declared bankruptcy in 2022 after nixing a January 2023 Bahamas conference.

As the technology world — and just a few broadcast industry leaders — converge for CES 2023, which begins today in Las Vegas, the Advanced Television Systems Committee (ATSC) is ready to showcase new consumer accessory receivers that are in development for the U.S. and international markets.