TV/Cable News

In Q4 2016, Viacom agreed to purchase Telefe, a major Argentine TV operation, for $345 million. Now, the company that is today ViacomCBS is crossing the Andes to purchase a WarnerMedia asset.

In the latest divestment move from HC2, it is shedding a trio of LPTV permits under the HC2 Station Group licensee name and another three LPTV permits from HC2-held DTV America Corp.

In October 2020, Byron Allen’s Allen Media Group acquired MGM‘s over-the-air broadcast television networks This TV and Light TV, offered as digital multicast networks with national distribution, for an undisclosed price. Now, This TV is getting a boost, bringing it to more U.S. locales.

With T-Mobile President/CEO Mike Sievert gushing with confidence and a big trade marketing budget in play, TVision was designed to change pay TV for good. It failed to catch on with consumers. But, one Wall Street feels Sievert's plan worked — to the long-term detriment of MVPDs.

In late February, RBR+TVBR first shared the news that TEGNA was adding to its pot of digital multicast networks by stirring up a third creation. As of today, Twist is on the air, putting a focus on women -- and perhaps the LGBTQ+ crowd, too. Helping the distribution: DuJuan McCoy, and HC2, too.

For those who have entrusted their dollars with Cedar Creek Partners, there's good news — a 13.7% Q4 2020 return was recorded by the fund, outperforming the S&P 500. Among the companies Cedar Creek invested in is HC2 Holdings. And, Cedar Creek's boss had something to say about that investment.

CNN Audio has announced the upcoming podcast launch of "Behind The Desk: The Story of Late Night." The podcast will explore the history of late-night television from its beginnings to its present. Podcast Business Journal's Joshua Dudley has this report.

The Arizona Diamondbacks are in San Diego to face the Padres in their first Major League Baseball regular season match-up of the season. D-Backs fans won't be watching the game on FOX Sports Arizona. That's because it has been rebranded, along with every other FOX Sports RSN, as part of a long-planned reboot under new owner Sinclair Broadcast Group.

It began life centered on sports. Now, a growing virtual MVPD has scored a carriage agreement with Sinclair Broadcast Group that secures a home for the company's newly created regional sports network -- the home of the beloved Chicago Cubs baseball club -- but not in time for Opening Day.

HC2 Holdings is paring down its assets as part of a capital-raising initiative. This explains why the company has been dominating the deal-making universe of late. As part of that divestment of non-essential assets, it is agreeing to spin a pair of LPTV construction permits to Larry Morton, the prominent Little Rock broadcast media veteran.

Five months after a splashy launch that included branded marketing swag and a promise that it would change TV for good, T-Mobile has abandoned its TVision rollout efforts. Instead, it is partnering with Google and YouTube TV as part of a newly expanded relationship shared by T-Mobile on Tuesday.

As expected, Univision Communications on Tuesday formally launched its streaming channels-based and VOD service created specifically for U.S. Hispanic audiences. The launch follows the recent acquisition of VIX, the largest Spanish-language ad-supported VOD streaming service for Latin American audiences and U.S. Hispanics.

“Our announcement today reflects our Board’s commitment to actively reviewing all options to create value for our shareholders, the continued execution of our long-term strategy, and the confidence in our continued strong performance and growth, which combined, led to our decision to increase our annual dividend,” said Howard D. Elias, Chairman of the Board.

The use of broadcast TV signals to help educators has been one of the touted benefits of the ATSC 3.0 standard that is voluntarily being introduced to consumers in a growing list of U.S. markets. Now, a next-generation TV service using Boise, Idaho, as its launch point has developed an umbrella of content and delivery channels expressly designed to augment classroom learning.

With a whole new C-Suite led by CEO Wade Davis, Univision Communications is on a reinvigorated path to growth, as demonstrated by the company's March 24 get-to-know-you "pre-Upfront" presentation for marketers and advertisers. Before it can progress forward with new momentum, Univision must look at its Q4 performance under its former leadership.