Saturday, September 28, 2024

Sign Of The Times: Top Brokerage Drops AMC Coverage

It's been nearly two years since the end of "The Walking Dead" and nine years since the final episode of "Mad Men." AMC Networks hasn't kept up with OTT competitors, and its share price has been in a three-year-plus freefall. Now, MoffettNathanson has decided to discontinue coverage of the company.

Sinclair Decides When To Release Its Q2 Report

Its stock price is up 14.4% year-to-date and has risen by $3.60 per share since June 18. This puts Sinclair, Inc. — owner of broadcast TV stations and such companies as Compulse and Dielectric — in a potentially positive position ahead of its Q2 2024 earnings release.
Adam Symson

Scripps Creates An Earnings Tri-Fecta On Aug. 8

The E.W. Scripps Company has become the third broadcast TV company to select the second Thursday in August as the day it will release its Q2 2024 earnings results. But, the company's earnings call won't be held until the following morning.
Sinclair

Sinclair Secures An Oklahoma TV Translator

As July began, twin deals were struck that see the sale of TV translator stations from Guymon TV Translator to Nexstar Media Group and its close shared services partner, Mission Broadcasting. Now, Guymon TV Translator has a deal in place to spin a third TV translator, this time to Sinclair Inc.

Mississippi Public Broadcasting Settles Issues/Programs Foul

A licensee of eight PBS Member stations has entered into a Consent Decree with the Video Division of the FCC's Media Bureau to settle violations of the Commission's rules on the timing placement of quarterly issues/programs lists in the stations' online public inspection file. 

HBCU GO Unveils 2024 Collegiate Football Schedule

The Allen Media Group (AMG) free-streaming digital platform HBCU GO, with programming focused on the nation’s 107 Historically Black Colleges and Universities (HBCUs), has unveiled its 2024 football season schedule.

Gray TV: Still A Bargain On Wall Street

"Good news, investors! Gray Television is still a bargain right now." That's the declaration from Wall Street blog Simply Wall St., and investors appear to have heeded the recommendation. On Wednesday, the company's shares were up by more than 9% in active trading on the NYSE.

CMG Promotes SVP/Finance To CFO Role

Six months ago, he became Cox Media Group's interim co-CFO. Now, he's been promoted to the full role of Chief Financial Officer.

Culturally Relevant Content: Key For Black TV Audience Engagement

The availability of culturally relevant content plays a major role in which platforms Black TV content viewers use. That's a top finding from a new annual report from Horowitz Research that tracks the evolution of the pay and free TV, streaming, internet, and mobile environment among Black Americans.
Canada Flag

Telus Selects Magnite As Connected TV Partner

The Canadian company will use Magnite’s SpringServe ad server and Magnite Streaming SSP as its preferred ad technology platforms across the nation. Magnite’s ad server will be implemented across Telus' Free Ad-Supported TV (FAST) and online video advertising inventory.

Is Allan Block Heading Back To CEO Role At BCI?

A family feud involving an ousted Chief Executive Officer and his twin brother who he is at odds with over the future of their parents' media business has taken an intriguing twist, as a judge has opened the door to reinstatement. This could put Allan Block back in the CEO chair.

A DMA Shift Request To Get A Reworking

A Texas county that has petitioned the FCC to modify its cable and satellite television markets to permit the carriage of "Big Four" network affiliates within the Tyler-Longview market has asked the Media Bureau to dismiss it.  Why? So it may correct errors.

QSRs Power Up Their Spot Cable Presence

The heat of summer is here across the U.S., and that typically sees quick-service restaurant chains increase their spot activity across cable television. For the week ending July 7, which includes the Independence Day holiday, that Fourth "bump" was seen once again for the ad category.

Exact Ad Measurement The Focus Of iSpot.TV Study

TV measurement company iSpot.tv has released a report designed to illustrate a need "for more precise ad buying" during live sports programming. The study, authored by iSpot VP of Sports Insights and Strategy Dave Coletti, sends the message that "Every Second Counts."
Nexstar Logo

Nexstar, Mission Grab TV Translators In Oklahoma

Steven G. Smith has decided to part ways with two TV translator stations he owns through his Guymon TV Translator Inc.  Who's buying the Oklahoma facilities? Look no further than the nation's No. 1 licensee of broadcast TV stations — and its favored shared services partner, led by Dennis Thatcher.