TV/Cable News

Some six years after acquiring its first television station, The Meruelo Group has just agreed to purchase its second broadcast property. And, it's a bit of a bargain, as it's paying just $10 million for assets tied to a station within the Los Angeles DMA. What's perhaps most notable about this deal is that it's the first to involve a post-spectrum auction transfer of control of a channel-sharing agreement. We've broken down details as to how Bob Behar's Miami-based Hero Licenseco is exiting Southern California, pocketing millions with the decision.

The end of the month drive to attract potential car and truck buyers was certainly a positive move for broadcast TV. In last week’s Media Monitors TV Spot Ten report, the Chevrolet Dealer Association held steady at No. 1 with 25,883 spots. But six of the 10 brands in this week's report are dealer associations.

An $80 price target has been set for CBS Corp. by one Wall Street financial firm, which has also placed a "buy" rating on the stock.

A Silicon Valley video advertising firm has found that, based on its research, viewers pay attention to a higher proportion of ads on connected TV (CTV). Furthermore, its just-released study says CTV ads deliver higher brand metrics.

Two Class A TV stations that got no takers in the just-concluded spectrum auction have just been sold. In both deals, Kalil & Co. acted as the escrow agent and the buyer's broker, while Patrick Communications represented the seller.

Thanks to a deal announced Thursday, audience segments from the Lotame DMP will now be fed directly to SintecMedia's front-end proposal system, OnBoard. With the connection of detailed viewership data with Lotame’s audience data, local sellers have been empowered with enhanced targeting to clients, the companies note.

With the spectrum auction now concluded, Meredith is looking to be a buyer: The company said in releasing its fiscal Q3 2017 results prior to Thursday's Opening Bell on Wall Street that it "expects to continue to grow its Local Media Group organically and through strategic acquisitions." How did the owner of broadcast TV stations fare in its fiscal Q3? We dissected the numbers for you.

House Energy & Commerce Committee Ranking Member Frank Pallone Jr. (D-NJ), along with other House E&C committee members and Democratic Commissioner Mignon Clyburn, gathered Thursday afternoon at the House Triangle to voice their disapproval of FCC Chairman Ajit Pai's plan to take away Title II, thus ending net neutrality. To Pallone, Pai's efforts "undercut" net neutrality protections.

DISH Network has reached a multi-year retransmission fees agreement with Hearst Television, ending a nearly two-month stalemate with the owner of stations in 26 markets across 30 states. Terms of the agreement were not disclosed, DISH said in a late Wednesday (4/26) release.

The Los Angeles Chargers, formerly the San Diego Chargers National Football League club, have agreed in principle to multi-year television and radio agreements that will make The Walt Disney Co.'s West Coast flagship and the nation's biggest Azteca América station as its official TV partners. At the same time, the No. 1 radio broadcast company's L.A. cluster and a historic AM now owned by Lotus Communications are now the franchise's official radio partners.

The NAB has a preliminary take on its registered attendance for the 2017 NAB Show. Considered the world’s largest annual convention encompassing the convergence of media, entertainment and technology, more than 100,000 people are on hand in Las Vegas for this year's event, which saw activities begin on Saturday and will conclude on Thursday afternoon.

Though they share one thing – the lack of a traditional paid cable or satellite TV subscription – "Cord Cutters" and "Cord Nevers" in the U.S differ in a host of ways, including their tastes in streaming video platforms and shows. That's just one of the key finding from a new "Cord Evolution" study from GfK MRI.

More than two-thirds of "Over-the-Top" free trials will not fork over the dollars to pay for a subscription. That's a key takeaway from a "connected entertainment research" study from Parks Associates that sought to put a positive spin on OTT—a big buzz topic and exhibit hall draw at the 2017 NAB Show.

In May 2016, Gray Television agreed to acquire a pair of television stations in the Clarksburg, W. Va., market from Withers Broadcasting. The $26.5 million deal, struck prior to the start of the spectrum auction, saw Gray grab the CBS affiliate and its FOX station. But, the FCC reviewed the deal, as Gray said the deal qualified for a waiver of the local TV multiple ownership rule. That's because the FOX station in the deal is a "failing station," Gray contended. The Commission agreed.

In last week’s Media Monitors TV Spot Ten report, the Chevrolet Dealer Association held steady at No. 1 with 25,080 spots. Neutrogena also held steady at No. 2 with 20,345 ads and the Honda Dealer Association climbed up a notch to No. 3 with 19,326 commercials.