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.
Nexstar Prices New Notes In New Debt, Old Debt Swap
Nexstar Media Group has priced its previously announced offering of $665 million in aggregate principal amount of 5.625% Senior Notes due 2027. The notes will be issued as additional notes under the indenture, dated as of July 3.
Wicker Waits On STELAR As House Preps Thursday Hearing
Senate Commerce Committee Chairman Roger Wicker postponed a vote scheduled for Wednesday on the Satellite Television Access Reauthorization (STAR) Act. Perhaps he's yielding to the lower body of Congress to see what the House Subcommittee on Communications and Technology has to say about the bill on Thursday.
CBS’s Content Universe Expands To Pluto
A free streaming television service that's gaining traction with cord-cutting consumers will now benefit from the debut of three additional channels. Providing these channels is CBS Interactive — a message that the company set to merge with Viacom is intent on bringing its content to as many avenues as possible.
Howard Stirk Duo Reach New AT&T Retrans Deal
Roughly 6 1/2 years ago, Armstrong Williams' Howard Stirk Holdings LLC acquired WEYI-TV in the Flint-Saginaw-Bay City, Mich., DMA and, at the same time, WWMB-TV in Florence-Myrtle Beach, S.C. Today, those TV stations are back in the news, as they have reached a new retransmission consent agreement with AT&T.
A Pivotal Choice: Sirius XM Beats ‘LSXMA’ For Investors
Pivotal Research Group analyst Jeffrey Wlodarczak recently took a good look at "SIRI," the Sirius XM Holdings stock, and put a little logic into the value for investors of buying this issue rather than that of The Liberty Sirius XM Group. Now, he's given "LSXMA" a good look. He still can't figure out why anyone would invest in this issue, rather than "SIRI."
CBS Shares Dip On Q3 Revenue Miss, EPS Beat
While the words from CBS Corp. President and acting CEO Joe Ianniello describing his company's final Q3 report were positive, the entity set to become a unit within ViacomCBS missed Wall Street consensus revenues estimates while beating the Street on its earnings per share.












