Bakish Booked For UBS TMT Conference
"Ladies and Gentlemen, the President/CEO of ViacomCBS." That's how Bob Bakish will likely be introduced when he participates in a Q&A session during the upcoming UBS Global TMT Conference in New York -- to be held just five days after CBS ceases to exist as an independent company.
More People, Less TV Homes: The USA In 2019
A just-released research study concludes that U.S. households with TV dropped by four million over the past decade. "The drop is surprising," says InMyArea Research. Why? The U.S. population grew by 20 million people between 2009 and 2019.
Sinclair Shares Stumble To A Six-Month Low
When the clock turns on 2020, investors in Sinclair Broadcast Group may be pleased that the company's shares are higher than they were a year earlier. That said, it has been a topsy-turvy 11 months for Sinclair, with its stock presently struggling to overcome a six-month low.
Congress and STELAR Reauthorization: What’s Next
At the center of the dispute is STELAR’s compulsory license, which permits satellite providers to retransmit some broadcast signals at regulated prices without consent. Cutting to the chase, Phoenix Center's Chief Economist asks if broadcasters should charge whatever retransmission fee the market will bear.
Nexstar, NBC Ink A New Affiliation Deal
There'll be no worries about any potential "great affiliation swap" in any of the markets where Nexstar Media Group and its joint operating partner Mission Broadcasting have stations. That's because Nexstar and Mission have a new affiliation deal in hand with NBC.
Competition: The Top Concern For TV’s Big Players
What's the biggest focal point that the nation's top TV broadcasting industry leaders have their eye on, going into 2020?
Perhaps Fox Corp. SVP Joe Di Scipio says it best. "Surely, it's the competition for eyes." Thus began a lively Media Bureau TV trends symposium held Thursday in Washington.
Buffalo Wings: Mancuso Flies To Nexstar’s Indy Duopoly
The individual who has served as VP/GM of Nexstar Broadcasting's CBS affiliate WIVB-4 and co-owned CW affiliate WNLO-TV in Buffalo is leaving Western New York. Where's he going? Indianapolis, where he'll lead Nexstar's duopoly in the market, created from the Tribune merger.
Nadler-Penned Satellite TV Act Clears Judiciary Committee
In a closely watched vote, the House Judiciary Committee on Thursday morning passed the "Satellite Television Community Protection and Promotion Act of 2019." The vote comes a day after the House Energy & Commerce Committee unanimously passed the Television Viewer Protection Act.
Lilly’s Dual Network Delivery To The Virgin Islands
Brian and Kevin Lilly's Erie, Pa.-based Lilly Broadcasting has closed on its acquisition of an over-the-air station serving the U.S. Virgin Islands. As such, religious programming airing on the main broadcast channel is gone. But, the ABC Caribbean feed remains, as CBS is added.
Sinclair Stock Slips On Stephens Swipe
Sinclair Broadcast Group shares dipped below $37 a share in Tuesday's trading after investment house Stephens slashed its price target on the media company's stock. Why? It is concerned about Sinclair's acquisition of regional sports networks (RSNs) from Fox.
Wearable Tech: Broadcast Media’s Next Leap Pad?
Wearable tech continues to gather pace, building an ecosystem of connected devices designed to capture consumer attention to the tune of $108 billion by 2023, a new industry report from Futuresource Consulting finds. What does this mean for over-the-air media such as radio and television? Is there opportunity?
Steve Marks To Retire From Sinclair As Weisbord Rises
The Tampa-based EVP and COO of Sinclair Broadcast Group’s TV Group will retire on the final day of 2019. The announcement came as the company selected a president of its Local News & Marketing Services division.
HBO Max: A Must, Or A Bust?
Having sat through an HBO investor day almost five years ago to the day, the top two analysts at MoffettNathanson thought it would helpful to use that experience to help evaluate the impending launch of the much-discussed HBO Max. The No. 1 question from the respected Wall Street observers: Is the OTT play a "big bang" or nothing?
When Should You Buy SBGI?
Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question posed this week by Simply Wall St. is whether Sinclair Broadcast Group's trading price of $39.31 is reflective of the actual value of the mid-cap stock.
Radio Drives Revenue Growth For SBS In Q3
The Miami-based owner of Mega TV and a collection of radio stations under the "LaMúsica" brand enjoyed a 7% consolidated revenue gain during the third quarter. That said, the growth for Spanish Broadcasting System (SBS) was driven by its radio stations, and not its television operation.