Will Nexstar Finish 2019 With a New Record High?
On April 23, a $117.65 close marked a new high on Wall Street for shares of Nexstar Media Group. Over the next several months, the broadcast TV company's stock price would recede before gaining steam once again, repeating a pattern seen across the years for NXST. If midday trading on Thursday is any indication of what's to come for Nexstar, a fresh all-time high for the stock is inevitable.
SpotX’s 2020 Vision Report: What Media Can Expect
What does 2020 hold for TV and video advertising? Experts from across the total video landscape—programmers, data vendors, demand-side platforms (DSPs), multi-channel distributors, streaming device and smart TV manufacturers—dusted off their crystal balls to share their predictions for the year ahead.
Retailers Peak At Broadcast TV Ahead Of Xmas
Five brick-and-mortar retailers and the nation's largest e-tailer dominate the pre-Christmas spot report for broadcast TV, according to data compiled by iHeartMedia-owned Media Monitors. The week's top advertiser using spot TV? The retail store closed just one day a year.
GEICO’s Gigantic Week At Spot Cable
GEICO is one of the biggest advertisers on broadcast media, and it's use of spot cable is equally dominant. This week, the auto insurer is No. 1 by a very large margin, Media Monitors' Spot Ten Cable report shows.
LBI Media Ownership Asks Opened For Public Comment
LBI Media, no longer led by a member of the founding Liberman family, is seeking a FCC waiver allowing for up to 100% foreign investment. At the same time, the Media Bureau is seeking the public's say in a plan to transfer six stations from shareholders of one entity to another in a move interwoven with the company's emergence from Chapter 11 bankruptcy protection.
Remaining ‘KidVid’ Rules Now In Effect
On July 12, the Commission released a Report and Order modernizing the children’s television programming rules in a move designed" to give broadcasters greater flexibility in serving the educational and informational needs of children." Rule revisions requiring approval by the Office of Management and Budget (OMB) have finally arrived.
How Much Will Adam Symson Now Earn?
As RBR+TVBR first reported Dec. 19, The E.W. Scripps Co.'s Board of Directors has approved a new three-year contract with President/CEO Adam Symson. We knew what his salary was in his first year of employment. Thanks to an SEC filing, it is now known just how much more Symson stands to earn.
Thank O’Melveny For Advising ViacomCBS on Miramax Money
ViacomCBS has struck a definitive agreement with beINMEDIA GROUP to acquire a 49% stake in global film and production studio Miramax — best known for its award-winning film library including such box office faves as "Good Will Hunting" and "Kill Bill" and for its co-founder, Harvey Weinstein. A major Los Angeles-based law firm represented ViacomCBS in bringing the investment to fruition.
N.Y. Governor Approves Television Diversity Tax Credit Bill
A Television Diversity Tax Credit Bill championed by the Writers Guild of America, East (WGAE) and the Directors Guild of America has been signed into law by the Governor of New York. Click here to find out what this means for the broadcast and cable TV business.
Gray Grab For Insurance Company As Stock Hits Six-Month High
An SEC filing indicates that a subsidiary of Atlantic American Corp. is now a significant shareholder of Gray Television stock. The company's shares were in positive territory for all of Thursday, closing up 3.4% to $21.45 — its highest price since early May.
HC2 Teams With beIN SPORTS For Broadcast Channel
The Les Levi-led, Philip Falcone-controlled HC2 Broadcasting, which owns the Azteca América Spanish-language broadcast TV network, is making its entry into the ever-growing sports marketplace. Thanks to an agreement with global brand beIN SPORTS, a new 24/7 live sports channel will be heading to viewers as a free-to-air venture -- the first of its kind in the U.S.
Connected TV and the Fight for Television’s Future
Consumer attention has increasingly shifted to connected TVs and the streaming content and advertising that goes along with this new living room. What does this mean for broadcast TV's future? Anthony Acquisti, the Senior Director of Client Success, Advanced Media and Analytics at TiVo -- just acquired by Xperi -- offers these thoughts in an encore column for RBR+TVBR.
FOX Adds To Its Ad Sales Team
It was a busy Tuesday for Fox Corporation's HR team. That's because several promotions were seen in its ad sales organization, while the leadership of the company's sports sales team has been expanded.
Lea Latest To Join NAB TV Board
The woman who serves as EVP/Global Public Policy and Government Relations at ViacomCBS has been appointed to the NAB Television Board of Directors. The move makes sense: She once served as SVP/Government Relations at the NAB.
Televised Sports: Free Of Political Ebbs and Flows
“In an odd-numbered year when there are no major sporting events such as a World Cup or Olympic Games, once again sports has proven to be a most capable genre at bringing millions of viewers around the world to watch their TV.” That's the positive assessment from the author of the just-released Yearly Sport Key Facts report.














