Competition: The Top Concern For TV’s Big Players
What's the biggest focal point that the nation's top TV broadcasting industry leaders have their eye on, going into 2020?
Perhaps Fox Corp. SVP Joe Di Scipio says it best. "Surely, it's the competition for eyes." Thus began a lively Media Bureau TV trends symposium held Thursday in Washington.
Buffalo Wings: Mancuso Flies To Nexstar’s Indy Duopoly
The individual who has served as VP/GM of Nexstar Broadcasting's CBS affiliate WIVB-4 and co-owned CW affiliate WNLO-TV in Buffalo is leaving Western New York. Where's he going? Indianapolis, where he'll lead Nexstar's duopoly in the market, created from the Tribune merger.
Nadler-Penned Satellite TV Act Clears Judiciary Committee
In a closely watched vote, the House Judiciary Committee on Thursday morning passed the "Satellite Television Community Protection and Promotion Act of 2019." The vote comes a day after the House Energy & Commerce Committee unanimously passed the Television Viewer Protection Act.
Lilly’s Dual Network Delivery To The Virgin Islands
Brian and Kevin Lilly's Erie, Pa.-based Lilly Broadcasting has closed on its acquisition of an over-the-air station serving the U.S. Virgin Islands. As such, religious programming airing on the main broadcast channel is gone. But, the ABC Caribbean feed remains, as CBS is added.
Sinclair Stock Slips On Stephens Swipe
Sinclair Broadcast Group shares dipped below $37 a share in Tuesday's trading after investment house Stephens slashed its price target on the media company's stock. Why? It is concerned about Sinclair's acquisition of regional sports networks (RSNs) from Fox.
Wearable Tech: Broadcast Media’s Next Leap Pad?
Wearable tech continues to gather pace, building an ecosystem of connected devices designed to capture consumer attention to the tune of $108 billion by 2023, a new industry report from Futuresource Consulting finds. What does this mean for over-the-air media such as radio and television? Is there opportunity?
Steve Marks To Retire From Sinclair As Weisbord Rises
The Tampa-based EVP and COO of Sinclair Broadcast Group’s TV Group will retire on the final day of 2019. The announcement came as the company selected a president of its Local News & Marketing Services division.
HBO Max: A Must, Or A Bust?
Having sat through an HBO investor day almost five years ago to the day, the top two analysts at MoffettNathanson thought it would helpful to use that experience to help evaluate the impending launch of the much-discussed HBO Max. The No. 1 question from the respected Wall Street observers: Is the OTT play a "big bang" or nothing?
When Should You Buy SBGI?
Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question posed this week by Simply Wall St. is whether Sinclair Broadcast Group's trading price of $39.31 is reflective of the actual value of the mid-cap stock.
Radio Drives Revenue Growth For SBS In Q3
The Miami-based owner of Mega TV and a collection of radio stations under the "LaMúsica" brand enjoyed a 7% consolidated revenue gain during the third quarter. That said, the growth for Spanish Broadcasting System (SBS) was driven by its radio stations, and not its television operation.
Gains for vMVPDs Can’t Take Sting Out Off Cable ‘Defections’
U.S. multichannel "defections" ballooned in the third quarter, amplified by tighter promotions at a time when consumers need little additional motivation to seek over-the-top alternatives. That's according to S&P Global Market Intelligence's Kagan group.
OTT’s Viewer Fights Could Help OTA’s Audience, Ad Growth
This is the dawning of the age of the Antenna. Cord-cutting is driving viewership of over-the-air television, and with NEXTGEN TV set to bring addressable advertising, it could be the MVPD that loses out -- and not the broadcast TV station owner -- in the coming decade. A new Horowitz Research study notes that as the streaming video wars heat up, opportunities for broadcast TV growth will emerge.
Miami To Get Another Source of TV News, In English
The E.W. Scripps Co. hopes to soon slice away some of the massive reach -- and ad revenue -- enjoyed by Ed Ansin's WSVN-7 by building a news department at its recently acquired affiliate for The CW Network in Miami-Fort Lauderdale. Scripps confirmed the news in a Thursday morning announcement.
The Big Easy Way To Master Media Tax
On December 12, the offices of Jones Walker LLP in New Orleans will play host to a daylong event dedicated to Media Tax hosted by the Media Financial Management Association (MFM). The all-day Media Tax Summit will also include a cocktail reception immediately following the learning sessions.
Meredith Board OKs Regular Quarterly Dividend
With its shares at $35.47 at Thursday's close of trading but significantly down from where they were in the first half of 2019, Meredith Corp.'s Board of Directors on Wednesday nevertheless moved forward with a regular quarterly dividend as company executives prepare to present on Friday at Stephens' 2019 Nashville Investment Conference.













