TV/Cable News

Meredith intends to use the net proceeds of the Senior Notes offering and incremental term loans, along with cash on hand, to redeem in full the outstanding Series A Preferred Stock and to pay fees and expenses related to the redemption, the Senior Notes offering and the borrowing of the incremental loans.

The industry's top radio and television finance executives of 2020 have been chosen -- thanks to the readers of the Radio + Television Business Report. And, for the first time, they're ranked. Who's at the No. 1 position?

Five of Nashville's over-the-air broadcast television stations on Tuesday flipped the switch on ATSC 3.0-powered signals, ushering in the "NEXTGEN TV" age in Music City USA. 

On Monday, Meredith Corp. revealed its intention to raise $710 million in new secured debt. At the same time, Meredith entered into an amendment to its revolving line of credit facility, conditioned on the redemption of the Series A Preferred Stock. Now, Meredith intends to offer $300 million of senior secured notes due 2025, subject to market and other conditions.

New research from Parks Associates and Applicaster indicates that more than 50% of U.S. broadband households now own at least one smart TV -- making it the primary platform for video services at a time when content consumption is accelerating dramatically.

Deloitte's 14th Digital Media Trends Survey is out, and this time the focus is on consumer streaming and entertainment habits. Deloitte conducted two surveys related to digital media: one pre-COVID-19, and a second in May. Together, the surveys provide intriguing insights into how media consumption has accelerated and changed as a result of COVID-19.

For the past 15 years, the people, places and events in Marion, Nelson and Washington Counties of Kentucky have had a low-power community focused TV station at their disposal. Now, this facility branded as "Central Kentucky Television" is being sold.

Its Local Media Group owns 17 over-the-air TV stations including WSMV-4 in Nashville and WFSB-3 in Hartford. It's also the parent of such female-targeted lifestyle brands and glossy magazines as Better Homes & Gardens, PEOPLE and InStyle. As the novel coronavirus pandemic has made finances a little shaky, Meredith Corp. is moving forward with increasing its cash on hand.

While GEICO is absent from this week's Spot Ten Radio report from Media Monitors -- a rarity -- the auto insurance brand is ever-present at both broadcast TV and spot cable. So is Progressive, while Liberty Mutual has clearly opted to use both Spot TV and Spot Cable in order to grow, the data show.

Digital content distribution company Cinedigm has inked a distribution acceleration agreement with the parent company of a streaming service that already has a home on Sinclair Broadcast Group-owned ad-supported streaming service STIRR.

On May 13, the FCC moved forward with issuing a report and order that revises the section of its rules governing the "good faith" negotiation of retransmission consent, following through with an action made possible in late 2019 by Congress. Now, the new retrans consent provisions as written in the TVPA are set to take effect. Here's what you need to know.

The Walt Disney Co.’s advanced advertising suite is expanding its offerings by bringing its Disney Media Networks program slate to the Addressable TV beta test presently being conducted by Nielsen. To learn more about this test, RBR+TVBR spoke with Brian Jentz, the London-based SVP of Business Operations for Nielsen in this exclusive podcast. LISTEN HERE

One year ago, Bill Evans was attracting much attention for his departure from WABC-7 in New York, where he was a highly popular weatherman on the ABC-owned station's morning newscast, among the highest-rated local programs in the nation. Now, another legendary weatherman is saying farewell to TV. And, it involves a face familiar to generations of viewers in L.A.

The FOX, ABC and MyNetwork TV affiliates serving Pittsburgh are now among the first in the nation to begin broadcasting with NEXTGEN TV, the new digital broadcast standard using the ATSC 3.0 protocol.

What is Strategic Solutions Research doing on the television side of the broadcast media industry to help stations get bigger ratings -- and dollars -- from viewer-generated newscast improvements? We get the full scope of the company's offerings from President and Founder Kevin Cassidy in this fresh RBR+TVBR INFOCUS Podcast. LISTEN HERE