A Quarterly Dividend is Approved by TEGNA’s Board
The Board of Directors for the company that owns such key NBC affiliates as WXIA-11 in Atlanta and WGRZ-2 in Buffalo has declared a dividend payable April 1. The news came ahead of the Closing Bell on Wall Street, which saw TEGNA shares reach close to $18 in a positive trading session for the broadcast TV company.
Dish Gives Its 5G Push Another Boost
Yes, it's a Direct Broadcast Satellite TV service provider — one that's involved in many retransmission fee impasses with broadcast TV companies. But, it could also be TV's ally in the widening of 5G, bringing more access to AVOD and streamed content created by broadcast TV. That's why Dish's 5G expansion should be of note.
Canela Media To Launch a Weekday ‘FAST’ Newscast
Latina-owned digital media company Canela Media has launched "Canela News," billed as "the first free live-streaming newscast for U.S. Latino cord cutters." It's a Spanish-language daily newscast offering the latest headlines, sports reports, features on immigration, and other subjects of particular interest to Hispanics who prefer to consume content en español.
Disney’s Tale of Three Unique Mice, From A Wall Street Lens
Since fiscal Q3 of 2020, The Walt Disney Co. has been, in the view of MoffettNathanson Senior Analyst Michael Nathanson, "essentially a tale of three different mice." Say what? It's a metaphor for three profit segments Nathanson has closely examined, following Thursday's release by Disney of its fiscal Q1 results — a performance that beat EPS estimates.
SBS Reveals Pricing Of Senior Secured Note Offering
SBS intends to use the net proceeds of this offering along with cash on hand to finally repay its 12.5% senior secured notes due 2017, along with certain other consideration; to repurchase and/or redeem all of its outstanding 10 3/4% Series B Preferred Stock; and to pay related fees and expenses.
The 2021 Mindset of Broadcast TV Buyers
Borrell Associates on Thursday released the second in a series of reports that examine 2021 spending plans for a dozen different types of local ad buyers. This 14-page analysis, drawn from a survey of 373 local businesses that buy TV ads, shifts focus to Broadcast TV Advertisers. What are they planning as the pandemic subsides? We take a look.
Entercom, TEGNA Team For Podcast Content Deal
A top daily local sports podcast network was recently acquired by one of the biggest broadcast TV companies in the U.S. Now, TEGNA is teaming with the owner of Cadence13 and Pineapple Street to bring content from that podcast operation to a wider audience.
With Scripps Stock Soaring, the Q4 Results Date Is Affirmed
It's been a busy few months for The E.W. Scripps Company. It completed its purchase of ION Media, with integration of its properties ongoing. Its conducting a "special virtual investor presentation" on March 3 to help attract more Wall Street dollars. Now, with its share price on fire, the company has shared when it will share its Q4 and FY 2020 results.
AVOD Platform Haystack News Grows With Bloomberg
Haystack TV's ad-supported video on demand (AVOD) streaming service focused on newscasts is widening its content by signing a distribution agreement with Bloomberg Media. It increases the number of live streaming channels on Haystack News to 18.
A Marquee Broadcast Deal for Nielsen
A privately held owner of television stations on Maryland's Eastern Shore, Georgia and Kentucky has signed a multi-year local television measurement services agreement with Nielsen.
‘Will Going OTT Burst The Sports Bubble?’
MoffettNathanson has long preached the dogma that live sports "are the glue to Pay TV and, as such, will be the least likely content to go over-the-top." Umm ... that's proving to be untrue, to some extent. Now what? That's the basis for this latest column to feature Michael Nathanson's view of where broadcast and cable TV could be heading.
Gray TV’s Q4 Results Reveal Date Is Locked In
With the biggest media merger in recent months poised to potentially propel its stock price in the coming months, Gray Television has selected the day it will release its fourth quarter and full-year 2020 financial results.
Nielsen Declares Quarterly Dividend With Stock Soaring
It's share price is now higher than where it was before the COVID-19 pandemic ushered in stay-at-home edicts and, with it, a sharp financial downturn on Wall Street, Broad Street and on stock markets across the globe. With that positive momentum, Nielsen Holdings plc's Board of Directors has declared a quarterly cash dividend.
Byron Allen Withdraws $10B Charter Racial Discrimination Suit
"Byron Allen's Entertainment Studios Networks has resolved and withdrawn the lawsuit against Charter Communications." That's the entire "official joint statement" released late Wednesday by both companies, settling a matter that dates back several years for the broadcast media mogul.
Consumers, Content and Connection: NBCU’s Trifocal Focus For ‘ONE21’
NBCUniversal is prepping "a new annual gathering designed to offer a global view of the insights, stories, entertainment, and technology connecting consumers to businesses." However you spin it, "ONE21" will combine "the magic of the media and entertainment industry with the strategic insights and solutions of a platform developer conference."













