TV/Cable News

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.

Charter Communications' Spectrum Community Investment Loan Fund has invested $1 million in the Carolina Small Business Development Fund (CSBDF). The nonprofit certified community development financial institution (CDFI) will provide low-interest loans to small businesses in Charter’s North Carolina service area.

Connected TV adoption has exploded. But how are advertisers fairing amid the transition from linear to what in the U.S. is called "CTV"? That's a question Innovid and Digiday believe they have the answer to, as it has released the results of a survey of 100+ brand marketers and agency execs’ thoughts on the state of Connected TV advertising.

"There is no small irony in the observation that the deal to combine WarnerMedia and Discovery will, at least initially, have a far greater impact on linear TV than it will on streaming," note MoffettNathanson's top analysts. In their view, perhaps its most significant impact early on will be "that it slows rather than hastens the pace of the transition."

Newly released research finds that the total market value of digital content will grow by 105% over the next five years. This value, says Juniper Research, takes into account pay-per-download revenue, in-app content spend, subscription revenue and ad spend over digital content.

There's a new platform available now to athletes and celebrities who wish to build their personal brands on the stage -- and on camera, too. It comes from television production and strategic marketing firm BrandStar.

Global pay TV revenues for 138 countries have been placed under the microscope by Research and Markets, a British market intelligence shop. What does their findings show, with respect to growth trends? On a worldwide level, revenue increases stopped five years ago. While that's distressing enough, the dip comes as the number of pay TV subscribers rose.