TV/Cable News

Until now, Entravision Communications Corp. has largely been known as a Hispanic-focused multimedia company with revenues fueled by strong digital growth, primarily across Spanish-speaking territories. Not anymore, come July 1.

The global finalists are being honored for their content in the areas of prime-time entertainment, documentaries, investigative journalism, sports coverage, promos, streaming media, and brand image films. 

A privately owned television group owned by the Manship family that dates to 1955 has taken the forward-thinking approach of signing a content distribution agreement with the Las Vegas Strip-based sports media company dedicated to those who wager on sports and make sports betting a multibillion-dollar industry.

The Hispanic-focused multimedia company with revenue coming from pan-Latin digital and U.S.-based television and radio stations has confirmed its presence at an investor conference set for June 16 and 17.

Bill Christian, President/CEO of Vision Communications, has attracted attention in recent years for various television industry projects — including the creation of a TV group serving Lafayette, Ind., from the ground up. Now, Christian is agreeing to purchase a pair of low-power television stations licensed to a community in the Granite State.

Byron Allen's Allen Media Group has taken the next step to fuel the fast grow of its free streaming platform Local Now by signing an agreement with Los Angeles-based OTT white label service OTTera Inc. It brings offerings such as Canela TV to the Local Now platform.

Its two TV stations have gained international recognition for their roles as pioneers in the advancement of ATSC 3.0-powered NextGen TV in the U.S. Now, those stations' owner has re-evaluated its access to local TV ratings data, which in recent years has seen an exclusive relationship with Nielsen. That's about to change.

A "variable interest entity" of Nexstar Media Group has closed on a new Term Loan B Facility. It has a seven-year maturity and bears interest at a rate of LIBOR plus 2.5%, with a 0% LIBOR floor.

Lotus Communications, which is agreeing to purchase Sinclair Broadcast Group's lone radio properties, has decided to part ways with a TV property of its own as it doubles-down on serving the Western U.S. as an audio-centric company.

One of Canada's biggest media companies, which includes 39 radio stations and 15 broadcast television stations among its holdings, has completed an agreement to amend and restate its existing syndicated senior secured credit facilities with its bank group, led by RBC Capital Markets and TD Securities.

Clear Channel Airports has just partnered with a provider of music, TV, and digital signage services for businesses across North America in filling the void left by the closure of the CNN Airport TV Network.

Jeff Winemiller's Lowcountry 34 Media has decided to part ways with a low-power TV quartet in the Keystone State. He's earning a handsome sum from the divestment.

Over the past decade TV has been changing gradually, but it’s truly in the past year that it has suddenly transformed. As Justin Fromm, head of research at LG Ads, sees it, "To keep up with how consumers use their TVs, advertisers must shift how they think, plan, and buy TV."

It covers stories of Black people "from Kampala to Atlanta," and spurred the recent launch of a television network featuring African American-focused content. Now, the owner of The Grio — Byron Allen’s Allen Media Group (AMG) — has named a SVP of News and Entertainment for the unit.

In 2020, Ramar Communications had agreed to sell The CW Network affiliate in Lubbock, along with two low-power facilities, to Gray Television. The FCC eventually approved the deal, consummated by Ramar following the 2018 death of its founder, Ray Moran. Now, Moran's legacy will live on as Ramar is purchasing a low-power TV station in Colorado.