TV/Cable News

How much impact can one financial analyst have on a company's stock performance just hours after issuing an investor note that pans or applauds said business? Just ask executives in the C-Suite at The Walt Disney Co. The company's shares took a hit on Monday after Pivotal Research Group's Brian Wieser gave the owner of ABC and ESPN a drubbing.

The Broadcasters Foundation of America has elected the President of the ABC Owned Television Stations Group and the Publisher of New Bay Media’s TV Sector Brands to its Board of Directors. At the same time, the President/CEO of the Illinois Broadcasters Association has been named an Officer and VP. 

CBS Corp. has announced that it will report results for the Q2 2018 after the Closing Bell on Wall Street on the first Thursday in August. The news comes as talk of its fight against National Amusements Inc. and lead shareholder Shari Redstone has simmered in recent days.

When it comes to M&A activity for the nation's broadcast TV station owners, there's a lot of chatter — but does it matter? Yes, say two TV station owners appearing on a Thursday panel focused on mergers and acquisitions at the 35th Annual TV & Radio Finance Summit in New York.

Some 78% of video production and marketing professionals are seeing brands invest more in online and digital video ads compared to traditional TV spots. That sobering data for broadcast and cable TV executives comes courtesy of the just-released 2018 Pulse of Video Industry survey published by Nashville-based video content producer StudioNow. But, just who participated in this survey? And, is StudioNow a company steeped in digital solutions?

Don't think MVPD-delivered cable channels are important to TV viewers anymore? You better not tell that to Charlie Nooney, Chairman/CEO of Emeryville, Calif.-based MOBITV, the company behind an application-based Pay TV video delivery platform. The East Bay IPTV pioneer has become the "first multi-tenant video delivery solutions provider to secure hosted streaming delivery rights for more than 210 major networks."

With Tuesday’s formal announcement of Comcast’s $35 per share bid for the Fox assets Disney previously agreed to buy, the "Wordsmith of Wall Street" — Pivotal Research Group Senior Research Analyst for Advertising Brian Wieser — reviewed its valuation on Fox's Class A shares. Does it have a positive valuation impact? Here's what Wieser says.

The variety of tech devices and services that consumers use today is very different from what was available in 2003, or 2008. Pity the VCR? Smartphones and PCs are found in more than 75% of U.S. homes, and newer devices and services like smart TVs, internet-connected devices, and SVOD services are growing at what Nielsen calls "a significantly fast pace." What does this mean for your business?

OTT video is firmly established in the U.S. entertainment marketplace, and new research from Parks Associates only puts an exclamation point on the new reality of how Americans consume video entertainment. More than two-thirds of U.S. broadband households have an OTT service. But, it is the percentage of U.S. broadband households that have more than one subscription that is more noteworthy.

By the end of Tuesday, a judge's ruling will determine whether AT&T should be allowed to merge with Time Warner. Regardless of the case’s outcome, the American Cable Association believes "the level of competitive harm from programming price increases created by Comcast/NBCUniversal’s vertical combination of distribution and programming assets is significantly greater" than any harm a combined Time Warner and AT&T presents.

Nexstar Media Group shares have seen a steady rebound since bottoming out on May 3 at $61.20. With Monday's market close, NXST is back where it was in late February, and within $10 of its all-time high.

Trinity Broadcasting Network (TBN) has carved an indelible imprint into the nation's broadcast TV industry. Its stations can be found in practically every market in the U.S.; its programming has served multiple generations of Christians. Now, TBN is officially saying goodbye to four major-market channels in the Midwest, following their stations' successful Auction 1000 participation.

If you're stuck in Los Angeles traffic and just saw this headline, beware: We're not talking about the Spanish Broadcasting System FM known as "La Raza." Rather, this KLAX and its sibling are TV stations, and they've just been snatched by an entity connected to the President of El Dorado Broadcasters in a deal brokered by Kalil & Co.

On May 8, the company formerly known as Gannett reported Q1 2018 results that surpassed Wall Street expectations. Revenue grew 9.4%, or 5.5% on a non-GAAP comparable basis. Mid-single digit growth is expected in Q2, with results expected to be shared August 7. Yet, TEGNA stock is off 2.6% since its Q1 earnings release. Zacks wants to know if it can rebound.

The FCC on Thursday voted to approve a Further Notice of Proposed Rulemaking seeking to update its leased access rules, which require cable operators to set aside channel capacity for commercial use by unaffiliated video programmers.