FOX Sports RSN Yank Prompts PM Selloff Of Sinclair Shares
Up until 1pm Eastern on Friday, all looked well for Sinclair, with trading in positive territory. Then, with seemingly no warning, SBGI began a steep slide. What triggered the sell-off? A whiff that doesn't even involve Sinclair ... yet.
Nexstar Board OK’s Dividend
Nexstar Media Group's Board of Directors on Friday declared a quarterly cash dividend. How does one receive it? They must be shareholders of record as of August 9.
NBC Washington To Make Long-Rumored News Move
For a generation of Washingtonians, NBC had its home a stone's throw away from American University in upper Northwest D.C. Today, a two-year-old rumor became reality: NBC is moving its entire news operations to an office building near Union Station.
CBS ‘Fact Sheet’ Ribs AT&T On Retrans Rejection
When will CBS Corp.-owned TV stations return to DirecTV, DirecTV NOW or AT&T U-Verse? AT&T head Randall Stephenson noted during his company's Q2 earnings call today that he's heard "crickets" from CBS regarding a new retrans deal. That said, CBS distributed "some facts regarding the current situation."
DirecTV Ding? No Worries. AT&T Had A Solid Q2
It wasn't such a great Q2 for DirecTV, and Q3 is proving to be a punishing one for the AT&T-owned unit. Guess what? This had little impact on AT&T's bottom line in the second quarter, with revenue meeting estimates. As such, the company's stock was up on Wednesday.
Nexstar Dips Below $100, Erases Month-Long Gain
The company poised to become the No. 1 owner of broadcast TV stations saw its stock dip 3.3% from Monday's close in mid-afternoon trading on Tuesday. This puts Nexstar shares under the $100 mark for the first time in a month. A retrans stalemate with AT&T could be the reason.
Unlocking Advanced TV’s ‘Missed Opportunities’
Newly released television industry research from Boston-based Hub Entertainment Research uncovers "missed opportunities" when it comes to a number of advanced TV features. We took a look, and highlighted some of the key takeaways for you.
Brace Yourself: DirecTV/U-Verse Cuts CBS O&Os
As of 2am Eastern on Saturday, July 20, a litany of subscribers to AT&T-owned DirecTV and U-Verse went into a frenzy. AT&T will be to blame for many. For other furious subscribers, finger-pointing will be directed at the media company rumored to be weeks away from a reunification with Viacom.
A Miami Attorney Drives Into TV Ownership
A Miami-based lawyer who cut his teeth in international law and later obtained a $58 Million verdict leading to control of a TV network has entered broadcast TV ownership. The properties Marcell Felipe is obtaining include a LPTV being sold by LBI Media.
Nexstar C-Suite Poised To Grow After Expected Tribune Merger
The VP/GM of Nexstar Media Group's two TV stations in Fresno and the VP/GM of the company's KASW-TV in Phoenix are poised to become co-SVP/Regional Managers for Nexstar -- once it completes its expected merger with Tribune Media. One of these individuals is an Entercom alum.
CBS & Viacom: Will They Finally Reunite?
CBS Corp. and Viacom, like East Germany and West Germany, are ready for reunification. This, according to multiple reports, will be announced August 8. It's the date when both companies will report their Q2 earnings. Wall Street analyst Michael Nathanson chimes in on the matter with a fresh report.
Millennial-Focused Newscasts, Produced By a Peacock
Don't think millennials want to know what's going on in the world? Perhaps they just desire an innovative way to have the facts and figures delivered to them. It's a bet Quibi is counting on, and NBC News is a believer.
DISH, Meredith Agree To One-Day Retrans Extension
With hours remaining, DISH Network is poised to do what it must do by law — yank local broadcast TV stations, owned by one big media company, across all 12 of the DMAs it operates in. A 24-hour extension came just after 5pm Monday.
Pre-Repack Reimbursement Denied For Ohio TV Operator
Can a broadcast TV licensee receive a check from the Federal government for expenses incurred for pre-repack field strength measurements for two repacked stations? Don't ask Northeastern Educational Television of Ohio that question.
‘Millennials Have Commitment Issues With Streaming TV’
Millennials are a key driver of “cord-cutting.” New research released this week by InMyArea.com finds they have other commitment issues with their TV viewing. What does this mean for broadcast TV? Have a look.