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Nexstar Shares Surge To A New Record High

The trends were there. Still, it was possible Nexstar Media Group shares wouldn't follow a dip-and-jump pattern consistently seen since 2015, considering the huge advances seen in the last year. There is no need to fear: NXST is doing what it was expected to do by reaching another all-time high on Tuesday.

RNN Market Mod Move Nixed, For Now

For years, RNN has moved to expand its cable TV availability across more of the sprawling New York DMA. This includes a request to expand the local TV market of its WRNN-TV by adding "numerous communities" served by Altice USA's Optimum. There's just one problem, the FCC's Media Bureau notes in an Order released Tuesday.

Nielsen Solidifies Its Global C-Suites, With An Ex-White House Economic Adviser

Nielsen Holdings plc has made what it calls "two significant hires" designed to support its plan to create two separate publicly traded companies later this year. The first move sees the hiring of the President of the Global Online Business at a top broad line supplier of maintenance, repair and operating products (MRO). The second involves the hiring of a new CFO for Global Media.

Bloomberg Spots Light Up Broadcast TV

Don't believe that 2020 will be a record year for political advertising dollars, given the rapid disappearance of Democratic presidential hopefuls in the last several weeks? Just take a look at the activity of a former New York City Mayor.

Sinclair, SK Telecom Flip The Switch On U.S. NEXT-GEN Venture

The next era of broadcast television has officially begun, as far as SK Telecom of South Korea and Sinclair Broadcast Group see it. This could explain their teaming for the launch of a joint venture located in Arlington, Va., dubbed Cast.era that is focused entirely on cloud infrastructure for broadcasting, ultra-low latency over-the-top (OTT) broadcasting, and targeted advertising.
Wall Street / Trading Floor

A Pivotal Take On MVPD’s Slumping Fortunes

What are the major investment themes for the Internet, Media & Communications sectors investors should be aware of across 2020? Jeffrey Wlodarczak, Principal and Entertainment/Interactive Subscription Services Analyst at Wall Street firm Pivotal Research Group, has highlighted where he sees the best long and short opportunities based on these themes.
TEGNA President/CEO Dave Lougee

TEGNA’s Preliminary Q4 Results Look Strong

The TV broadcasting company formerly known as Gannett on Thursday announced preliminary financial results for Q4 -- as well as the successful completion of its previously announced $1 billion private placement eight-year senior note offering, priced at 4.625%.

‘Channel 3000’ Loses U-Verse In Latest Retrans Impasse

The CBS affiliate serving Madison, Wisc., is no longer accessible to AT&T U-Verse subscribers. That's thanks to a retransmission consent stalemate between the cable TV service provider and Morgan Murphy Media. Viewer comments appearing on the TV station's online advisory page are less than positive.

LG Ushers In ‘NEXTGEN TV’ Era At CES 2020

LG Electronics, a co-developer of the ATSC 3.0 next-generation television standard, has effectively kicked off the era of NEXTGEN TV with the introduction of six advanced new LG OLED TV models equipped to receive new services with enhanced content, pictures and sound.

A Raycom SVP, Now At Gray, Readies for Retirement

From his March 2007 appointment as a regional vice president through the completion of Raycom Media's January 2019 merger with Gray Television, Brad Streit has played a pivotal role at two of America's biggest broadcast television companies. Now, Streit -- a longtime Tyler, Tex., TV executive before rising at Raycom -- is saying goodbye to the industry.
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Nexstar Says Yes To Multi-Year Nielsen Data Deal

There will be no loss of access to Nielsen's suite of measurement services for the nation's biggest operator of broadcast TV stations, and the company behind digital multicast offering Antenna TV and cable TV network WGN America.

What Is America’s TV Streaming Limit?

At what point to Americans say STOP! to OTT? New research sheds a light on just how many streaming services U.S. consumers are willing to pay for.

With Miami, Boston Stations, Sunbeam Owner Is Far From Sunset

Ed Ansin has seen a lot as the owner of twin Channel 7 operations in Miami and in Boston, where his Sunbeam Television also owns the CW Network affiliate. At age 83, Ansin's not ready to slow down, he tells The Boston Globe.

A ‘Vast Majority’ Of Gray Area For Comscore

With its rocky 2019 behind it and stable leadership under two-month EVP/CEO Bill Livek restoring confidence in stockholders, Comscore is reinforcing its desire to serve as a "trusted partner for planning, transacting and evaluating media across platforms" by signing up television broadcasting companies as clients. Comscore on Friday got a big vote of confidence from the company led by Hilton Howell Jr.

A Blue Chip TV Deal For Urban One

A low-power TV station in Ohio's state capital offering digital multicast network Bounce on its main signal and Telemundo, Justice Network and Quest across three DT signals has just been sold. The buyer may surprise you ... or not. It's no stranger to television, but has focused its efforts until now on two cable TV networks.