Tegna

TEGNA Declares A Dividend

TEGNA's Board of Directors on Wednesday declared a dividend of 7 cents per share, payable on July 2 to stockholders of record as of the close of business on June 8. With that, TEGNA shares saw a much needed-boost on Wall Street on Wednesday, climbing 3.8% to $11.13 to reverse a downtrend for the company's stock.
Kids watching TV

The Global No. 1 Kids’ Pastime: Watching TV

Republican FCC Commissioner Michael O'Rielly's push to heavily modify or erase the agency's "KidVid" regulations is largely fueled by his belief that the rules are outdated, with children largely consuming Video on Demand (VOD) choices, over-the-top (OTT) sources and cable TV channels that offer kids' programming 24/7. Nowhere is it being argued that children are tuning out TV, although broadcast TV ratings during "KidVid" hours are a far cry from years past. In fact, new research from U.K.-based Futuresource Consulting suggests that watching the big screen remains the activity that children dedicate the most time to.

Bob D’Andrea’s Big Easy Buy Is Completed

A Florida-based non-profit operation focused on evangelical Christian programming, founded by Bob D'Andrea in 1979, has closed on its acquisition of a full-power TV station, Class A sibling, and an LPTV cousin in the Crescent City, Sin City, and a key market in the Rockies, respectively.
Comcast

FreeWheel Gets Bigger Ride Through Advanced Advertising Partnership

Comcast Corp.'s FreeWheel next-generation TV and premium video advertising technology has just gotten a boost thanks to a multi-year agreement with the company responsible for SpongeBob and Gwen on BET's In Contempt. 

Azteca América Secures Its New Las Vegas Affiliate

The Spanish-language broadcast TV network now owned by the Philip Falcone-led HC2 Holdings Inc. has just doubled down on its over-the-air abilities in Southern Nevada. Thanks to a new arrangement announced Monday, Azteca América will now be seen on not only a HC2-owned low power TV facility, but also a full-signal UHF station owned by one of the biggest players in U.S. Hispanic media.

Auto Dealers Want Shower Of Sales To End April

How badly do automotive dealer associations want May bouquets full of flowery sales? Just take a look at the big boost in broadcast TV ad activity in the last week. According to the latest Spot Ten TV report from Media Monitors, several auto dealer associations revved up their activity to encourage shoppers to arrange a test drive -- and consider a possible lease or purchase of a new vehicle.
Wall Street

TV Companies Get Hammered On Red Day For Stocks

U.S. financial markets tumbled on Friday, once again extending a rollercoaster ride on Wall Street that sees no signs of ceasing anytime soon. The Dow Jones Industrial Average fell 201.95 points, to 24,462.94, as Nasdaq was off 91.93 points, to 7,146.13. Media stocks were awash in a sea of red, but four companies stand out with gains to end the week. The situation for top TV companies isn't so pretty.

Nielsen Increases Its Quarterly Dividend

With its shares hitting a new five-year low on March 19 and rough seas on Wall Street resulting in a bruising session for Nielsen, the company's board of directors nevertheless put a stamp of approval on an increase in its quarterly cash dividend.

Here’s Who NABEF Will Celebrate On June 12 in D.C.

The National Association of Broadcasters Education Foundation (NABEF) has revealed the winners of the 2018 Celebration of Service to America Awards, recognizing outstanding community service by local broadcasters. These award recipients will be honored at the Celebration of Service to America dinner, held Tuesday, June 12 at the Andrew W. Mellon Auditorium in Washington, D.C. Top honors are going to a big TV station owner, and an independently owned FM in L.A.
Nexstar Logo

A Banner Session For Nexstar

U.S. financial markets finished Thursday's trading on a down note, but that had no impact on the solid performance seen by Nexstar Media Group on Nasdaq. What other companies had a strong day, or a disappointing one? Click here for the details in brief!

Plans Affirmed For 2018 ATSC Broadcast Television Conference

The Advanced Television Systems Committee (ATSC) has unveiled its plans for the 2018 ATSC Broadcast Television Conference, set for May 23-24 in Washington, D.C. Keynote speakers will include the NAB's Chief Technology Officer and the head of America's Public Television Stations (APTS).

Here’s The Latest In A String Of HC2 Buys

If there was a competition to become the most prolific buyer of radio or TV stations in 2018, there's no question who would come out on top. Philip Falcone and his HC2 Station Group has been snapping up TV properties left and right since the start of the year, continuing a buying trend that began with the end of the FCC's Spectrum Auction. HC2 is at it again, and just acquired a channel-sharing agreement forged by a full-powered UHF station serving a university town in the Lone Star State that's giving up its spectrum to the benefit of wireless service providers.

Inside The Personal and Professional Implications Of New Tax Law

The new tax law’s expected implications for professional and personal tax returns will be explored during a Thursday Distance Learning webinar offered by MFM, the Media Financial Management Association.
Walt Disney World Magic Kingdom lit up at night

Disney Gets Key Wall Street Upgrade Ahead Of Q1 Report

First-quarter 2018 earnings are due soon from some of the key video entertainment companies trading on Wall Street. In advance of these companies' earnings releases, Pivotal Research Group's Brian Wieser modified his investment house's financial models for Disney, Time Warner, FOX, CBS, Viacom and Discovery Communications. Here's what he believes is the "best positioned of the group." Put on your mouse ears for this one.

Another Rule Modernization Proposal From The FCC Arrives

Some rules were meant to be broken. Others were meant for elimination altogether. Take, for instance, a FCC rule crafted in 1972 that requires cable operators to maintain at their local office a current listing of the cable TV channels that each cable system delivers to its subscribers. Is this really necessary in this modern age? The Commission doesn't believe so, and today approved an NPRM that would do away with the rule.