Nexstar Logo

Nexstar Board Widens Share Buyback Effort

With Nexstar Media Group's stock price at its lowest level since mid-October, perhaps there is some belief that its shares represent a good value for investors. Count Nexstar's board of directors among those who may agree with this sentiment. It began Tuesday by saying yes to an expansion of the broadcast TV company's share repurchase program.

4K UHD Sales Set To Surge Worldwide

Consumer demand for TV sets is poised to return to growth in 2018. Why? The recovery of several markets linked with a transition to 4K UHD models will drive trade value up by 5% to $85 billion, new research finds. 
Entravision Communications Corporation

Entravision Falls To Fall ’14 Levels

Investors may be a little nervous as to what awaits for Entravision in Q1. The company's stock dipped again on Monday, and is now trading at levels not seen in 3 1/2 years.

Gray: At Liberty To Expand In Virginia

One of the nation's biggest broadcast TV ownership companies has secured control of a pair of facilities in the Roanoke-Lynchburg, Va., market from a religious institution founded in 1971 by the late Rev. Dr. Jerry Falwell. One of the two TV stations relinquished its spectrum in the FCC incentive auction, and just happens to have a channel-sharing agreement with another Roanoke station -- owned by Gray.

What’s TV Worth? Not This Much, Survey Says

Think you're paying way too much per month for your cable TV services? You're not alone, newly released findings from Hub Entertainment Research suggest. What's not addressed: Broadcast TV retrans fees, and just why MVPD subscriber pricing is up.

What’s Driving TV’s Revenue Riches In 2018?

BIA Advisory Services has just released its domestic U.S. local advertising forecast, and it says 2018 will be "a solid year" for the broadcast TV sector. How so? Blame it on politics, and that hand-held device you may be reading this message on.
Wall Street

An Ugly End For Many Media Stocks

As the financial world highly scrutinized cable TV subscriber losses at Charter Communications during the first quarter, sending the company's stock in a free-fall from the Opening Bell on Friday, Wall Street wasn't exactly kind to several other high-profile TV companies. Radio station owners also got caught up in the fracas.

Two More Repack Shifts Granted By FCC

In early April, the FCC agreed to modify the transition phase assignment for two TV stations in California, allowing the operators a little extra time to plan for their moves. Now, a third Golden State TV station has successfully shifted to a later phase. At the same time, a big PBS member station in the Keystone State is moving sooner than originally anticipated.

Sinclair Partner Scolded For Public File Flaw

A partner company of Sinclair Broadcast Group that just agreed to acquire three TV stations from the company seeking to complete its merger with Tribune Media has been formally admonished by the FCC for its failure to prepare the station's lists in accordance with its public file rules.

WBA Finalizes Hall Of Fame Inductees, Local Legend List

The Wisconsin Broadcasters Association Foundation will be saluting four individuals who have actively served the broadcast industry in the state by inducting them into the WBA Hall of Fame. This year's class includes a top executive at one of the nation's biggest broadcast TV companies, an owner of locally focused radio stations, an EAS champion who was an engineer for Journal Communications' flagship stations, and an innovative training specialist who has influenced hundreds of sales executives across the Midwest.
Tegna

‘Say on Pay’ Resolution Gets A Yes From TEGNA Shareholders

Shareholders of TEGNA today overwhelmingly approved the re-election of Board members, and ratified the appointment of EY as the company’s independent accounting firm for the 2018 fiscal year. But, here is the big headline: TEGNA stockholders said yes to an advisory resolution on the compensation of the company’s named executive officers.

This TEGNA Station Is ‘Alive’ on Pandora

Here's an interesting partnership that could have some radio executives scratching their heads and some TV executives salivating at possibilities for greater content and brand exposure. TEGNA-owned NBC affiliate WXIA-11, branded as "11Alive," in Atlanta has launched "11Alive Radio" on Pandora.

A Big PBS Merger Brings Programming Back To KCET

In a move perhaps fueled by the FCC's spectrum auction, Los Angeles-based KCET-28 will once again be tied to PBS after going independent on New Year's Day 2011. KCET's parent company has entered into a merger with PBS SoCal —a recipient of hundreds of millions of dollars in the FCC's incentive auction.
Cable / Satellite

Kagan: Cable Bill Affordability Has Plummeted

Here's some more fodder for groups like the American Cable Association, who have wagged their index fingers at broadcast TV companies for a problem they say is directly related to a whopping surge in retransmission fee agreements. According to just-released data from Kagan, S&P Global Market Intelligence, U.S. consumers have seen a 74% increase in their pay TV bill since 2000.

‘Hold’ On Viacom: Good Q2 Results Clouded By CBS Chatter

If it wasn't for all of the discussion surrounding a reunification with CBS Corp. and whether or not Bob Bakish is in the mix, Viacom's just-released fiscal second quarter 2018 results would be greeted with widespread cheer, free of rumors and speculation. The company's earnings were ahead of consensus estimates, yet results were mixed. Brian Wieser, Senior Research Analyst of Advertising at Wall Street financial house Pivotal Research Group, dissected Viacom's earnings and says that despite the so-so results, "many favorable new initiatives were described which could provide some optimism for the future of a standalone Viacom."