NBCU opens new round of grant funding
The NBCUniversal Foundation and NBCUniversal Owned Television Stations have partnered to announce the launch of the third annual 21st Century Solutions competitive grant challenge.
DirecTV, AT&T hit with class-action suit over merger
Less than two weeks after AT&T and DirecTV announced their $48 billion-plus merger, a shareholder has filed
Gannett stock up on bullish Barron’s report
Shares of Gannett were 2.5% higher to $28.47 after a bullish piece in Barron's made the argument
Nexstar files against FCC, too
The NAB has resorted to legal action against the Commission over the ban on JSAs. We mentioned last week that broadcasters were also going to file. Now Nexstar is doing just that. Reuters quoted Nexstar as saying it also has filed with the US Court of Appeals for the District of Columbia Circuit to overturn the FCC ruling.
Viacom’s India Partner sold
Billionaire Mukesh Ambani’s Reliance Industries Ltd. (RIL) agreed to buy the Indian partner of Viacom for $678 million to gain news and entertainment content for its new mobile phone company. Reliance, through Independent Media Trust, will control 73.1% of Network 18 Media & Investments Ltd. and 55% of TV18 Broadcast Ltd., the Mumbai-based company said in an exchange filing.
Liberty Media’s Malone readying empire building?
Liberty Media Chairman John Malone’s plans to spin off Liberty’s cable broadband holdings into a
Wheel, Jeopardy!, Judy on top with over 10m viewers each
CBS Television Distribution held the top three spots for the third week in May (May 12 – May 18). Wheel of Fortune, Jeopardy! and Judge Judy were each seen by over 10 million viewers, followed by ABC Syndication’s Weekend Adventure with just under 10 million viewers.
Broadcasters to sue FCC on JSA/SSA ban
As many thought was coming, the broadcast industry plans to sue the FCC over its decision to
Pai-O’Rielly issue joint statement on Sinclair turning in licenses
When the FCC voted 3/31 to restrict broadcasters’ use of JSAs, many
DirecTV adding Newsmax TV
Newsmax Media’s Newsmax TV has signed a distribution deal with DirecTV and is accelerating toward a national launch that expects
Brian Roberts defends Time Warner Cable buy
Comcast Chairman and CEO Brian Roberts on defended his company's $45 billion takeover of Time Warner Cable, saying the deal would make it more competitive in video and improve its broadband offerings for customers.
Vermont legislation potentially harmful to broadcasters
Sue Keenom, NAB SVP/State Associations and Board Relations, sent an email out 5/29 to all
Nielsen expands sample size in local TV markets
Nielsen announced a significant and broad expansion to its ongoing sample improvement plan that
Waywire Networks names new content partners
Waywire Networks announced the addition of 100 new branded channels to its network of branded and curated channels. With the additions
Gray announces senior secured debt refinancing
Gray Television has commenced a senior secured debt refinancing, expected to consist of a $500 million term loan and a $50 million revolving credit facility. The proceeds from this new senior secured credit facility will be used primarily to complete pending acquisitions and refinance amounts outstanding under its existing senior secured credit facility.