Nuñez Goes Global At CBS As Poltrack Plans Retirement
CBS Corporation revealed that it has named a President/CEO position for its CBS Global Distribution Group, an individual who will also serve as Chief Content Licensing Officer for CBS Corp. But, it was perhaps CBS Corp.'s other announcement made Tuesday that had tongues wagging: David Poltrack is heading into retirement in June 2019, and an ex-iHeart exec is succeeding him.
‘A Stronger Scripps Portfolio’: Behind Cordillera’s TV Exit
With today's purchase of 15 TV stations from Cordillera Communications, The E.W. Scripps Co. has made it clear that its future financial success lies not with AM and FM broadcasts but with the ownership of over-the-air television stations. Here's a look at the properties Scripps hopes will allow it to better compete against Gray Television, Nexstar and whoever ends up acquiring Tribune Media.
Charter Stock Swoon On Q3 Revenue Miss
Charter Communications, owner of the Spectrum cable TV service, released Q3 earnings on Friday that beat analyst's expectations on earnings per share. But, its revenue fell short of expectations. As a result, Charter joined the group of media companies that saw their stocks sag on Wall Street.
Two Top TV Companies Declare Dividends
Shareholders of two of the largest owners of broadcast TV stations will have a little more money in their accounts in a matter of weeks. That's thanks to declarations of a dividend payable to shareholders of record made by each of these companies -- even as their stocks suffer from wild market gyrations caused by a multitude of issues.
Nielsen’s Pledge To LGBT Homes: We Want Your Data
As part of "its commitment to reflect important demographic and household characteristics in its National TV panel," Nielsen has revealed that it will expand its reporting capabilities to identify same gender spouses and partners and their households.
Viacom Sheds A TV Property To A Busy Buyer
In Central California, there are stunning wineries, great seafood shacks, tasty waves and breathtaking sunsets. There also happens to be a Class A TV station that until now has been owned by Viacom International. This facility has just been sold, and the buyer is arguably the most prolific buyer of television stations seen in the last 12 months.
Nielsen Shares Slip On ‘Weak Q3, Mostly As Expected’
Nielsen on Thursday released its Q3 2018 financial report, and as Brian Wieser of Pivotal Research Group notes in an investor note, the company reported weak results. This was hardly a surprise to Wieser, who set a new price target on a year-end 2018 basis for Nielsen shares. That target is below where the company's stock was through mid-July.
Univision’s Deep Dish Departure: Deportes Next To Go
It has been nearly four months since Univision Communications' Univision and UniMás O&Os and affiliates and the Galavisión cable network were dropped from DISH Network in what has become one of the most bitter retransmission fee disputes ever seen. Now, the last network tied to Univision still on DISH is about to go dark.
Want Fútbol In UHD 4K? Be Sure To Tune To beIN
As any real soccer fan -- and any Real Madrid follower -- knows, "El Clásico" — the annual match between top-tier Spanish football clubs FC Barcelona and its rival from the capital is a must-see. Now, viewers across North America will be able to enjoy the upcoming match in Ultra HD 4K HDR for the first time -- as long as they don't have DirecTV or Comcast.
NBC Unveils ‘Streaming Network for Cable-Cutters’
So, your audience wants to get the latest information via digital or social media, rather than a television? NBC has an App for that -- and a plan for a streaming news network.
DISH Dump: Stock Sag For DBS Provider
It's been a pretty lousy year on Wall Street for DISH Network. On January 8, a $49.48 finish was seen for the company's shares. Then, a slide began, bringing DISH as low as $29.08 on May 28 and, after a brief rally, back down to $30.15 on July 23. It looks like DISH is poised to match or dip below that mid-summer slide.
Wieser View On TV’s Big Players: More Of The Same
It's well-known across the U.S. investment community that Brian Wieser, Senior Research Analyst of Advertising for Pivotal Research Group, detests the television industry's advertising-based revenue model. Still, what Wieser has to say carries much weight, and on Tuesday Pivotal modified its financial models for video-centric media companies it covers.
Gray Shares Rise On Word Of Big Term Loan, Q3 Update
Press releases do matter when it comes to Wall Street investors. Within seconds of the 11:06am Eastern distribution of an announcement from Gray Television that it has proposed a multibillion-dollar term loan, amended its current senior credit facility and updated its Q3 guidance, shares reversed course from an early dip and soared to a record high.
Ion Wants FCC OK For Kentucky Upgrade
A Notice of Proposed Rulemaking has been released by the FCC's Media Bureau that seeks comment on a petition from Ion Media that would shift the city of license for one of its TV stations in Kentucky. Here's what you need to do if you have a say in the matter.
Nexstar Loan, Credit Refi Cuts Interest Expense By Millions
One of the nation's biggest broadcast TV companies has just lowered its annual interest expense by roughly $7 million while increasing its free cash flow by approximately $5 million each year.














