Nexstar Prices Its $1 Billion Senior Note Offering
On Tuesday, RBR+TVBR reported that Nexstar Media Group subsidiary Nexstar Broadcasting intends to offer, subject to market and other customary conditions, up to $1 billion in aggregate principal amount of new senior notes due 2028 in a private offering.
As dusk fell on Wall Street, Nexstar priced its offering, and set a maturity date for the notes.
TV Show Viewers: Luxury Brand Consumers?
NY Fashion Week concludes Thursday (9/17) with live streaming sessions through the midday hours. What does this have to do with television? It's all about added ad dollars, and how local and regional luxury brands may warrant a call from one of your AEs.
Drone Measurements for TV Antenna Performance: A New Service
One of the nation's leading antenna manufacturers, a wholly owned subsidiary of Sinclair Broadcast Group, has launched a new engineering service that enables drone operators to fully and accurately characterize Antenna azimuth and elevation performance without special waivers from the FAA.
Coming Together For Vermont: Public TV and VPR
In most of the U.S., public radio stations that are members of NPR are largely unaffiliated with the PBS member stations in their market. That's about to change in Vermont.
Nexstar’s Southern Tier Selection Is Made
Travel along Route 17, or Interstate 86, in New York's Southern Tier, and you'll pass through the Binghamton and Corning-Elmira markets. Here, Nexstar Media Group has a presence. Now, the nation's top broadcast TV station owner has a new leader overseeing its properties in each of these DMAs.
RBR+TVBR InFOCUS Podcast: Steve Lanzano, TVB
TVB President/CEO Steve Lanzano tackles a wide variety of top TV industry topics -- including how technology has helped drive broadcast television forward swiftly in COVID-19 times -- in this Podcast devoted to the TVB ALT FORWARD conference, presented by dot.FM. LISTEN HERE
TEGNA Completes $550M Senior Note Offering, Taps Tripp For DEI Role
The successful completion of TEGNA's private placement offering of $550 million aggregate principal amount of its 4.750% Senior Notes due 2026 has come. The news was accompanied by the announcement of a new Chief Diversity Officer at the broadcast TV station owner.
A Billion-Dollar Debt Offering From Nielsen
Nielsen Holdings shares were flat in Wednesday's trading on Wall Street following the announcement from the nation's dominant audience measurement and consumer data research company that its Nielsen Finance LLC and Nielsen Finance Co. are proposing to issue raise $1 billion in a debt offering.
TEGNA Prices A Big Private Note Offering
The broadcast TV company that owns such stations as WUSA-9 in Washington, D.C., and KGW-8 in Portland, Ore., has priced its just-announced private offering of notes with the intent of repaying hundreds of millions in notes due 2021 and some $43 million tied to notes due in four years.
Eight ABC-Owned Stations To Stage Census 2020 Phone Bank
A virtual Census 2020 phone bank gets the green light across ABC-owned television stations in such key electorate markets as New York, Los Angeles, Chicago, Philadelphia, Houston, San Francisco, Raleigh-Durham and Fresno. Things kick off Wednesday, in partnership with the Hispanic Federation.
News: The No. 1 Reason Consumers Pay for Live TV
Some 68% of American respondents of a just-released study say they pay for some sort of live television programming in one way or another. Why? The answer, says research firm CivicScience, is simple: News.
Birmingham’s Gray-Owned FOX Affiliate Shuffles News Anchors
WBRC, branded as "FOX6," has unveiled a new weekday anchor lineup in its evening and late newscasts. Here are all of the details, as the station moves forward with the retirement of Janet Hall after 40 years of service to WBRC.
Atlantic Broadband Parent Rejects Unsolicited Altice/Rogers Bid
A non-requested, non-binding proposal from the owner of MVPDs Suddenlink and Optimum this week teamed with one of North America's largest media companies a bid to acquire the parent company of MVPD Atlantic Broadband and owner of 23 radio stations in Canada. The recipient of the bid has flat-out rejected the offer.
Viva Hearst: Morrissey To Retire From Top Savannah Post
Since 2014, he's served as President/GM of Hearst Television's ABC affiliate serving Savannah, Ga., and nearby Hilton Head Island and Beaufort, S.C. Now, after six years in the role, this former divisional VP of The New York Times Company Broadcast Group will retire, later this fall.
A ‘Huge Second Half Looming’ For TV Political Ads
Fresh off the Democratic and Republican National Conventions, political advertising is ramping up for TV broadcasters as limitations due to COVID-19 are expected to boost TV's take of the important revenue segment. With lower-than-expected political revenue in Q2, a windfall of political advertising in the second half of 2020 will be needed for the segment to reach a record.













