Tuesday, May 26, 2026

After Forum Bid Fails, Red River Finds New Buyer

A now-failed 2021 acquisition would have created a duopoly in the Fargo market, as Forum is the owner of ABC affiliate WDAY-6. As such, a “Big Four” waiver request from the FCC was needed to get the deal done; that never came. Now, a new owner has emerged for the TV stations. Kalil & Co. brokered the new deal, too.

CBS Parent’s Stock Surges On Apple Bundling Talk

Shares in Nasdaq-traded Paramount Global surged in trading on Friday, following a report in The Wall Street Journal suggesting that a bundling agreement with Apple is being discussed. The growth continued into Monday's trading for the CBS News & Stations parent, giving it a strong start to the first full trading week of December.

A FAST Channel Partnership for FreeWheel

Comcast-owned ad tech platform FreeWheel is partnering with a streaming television marketplace as part of a bigger effort to provide marketers with a new way to buy advertising in today’s fast-growing, free-ad supported streaming television (FAST) sector.

Production Accounting in Television Gets Modernization Effort

Cloud-based FinTech platform Conduiit, designed to offer a one-stop shop for boosting profitability in TV productions, has closed on $1 million in pre-seed capital. This reflects "the industry’s excitement for innovative tech services in entertainment and Conduiit’s potential to revolutionize financial management in the sector."

Is Gray Putting Together a Pelicans Deal?

The company's executive leadership team will only say "no comment," but it appears Gray Television could be within striking distance of signing a deal that would bring select telecasts of the National Basketball Association's New Orleans Pelicans to over-the-air television in the Crescent City.
Walt Disney World Magic Kingdom lit up at night

Activist Investor Launches Second Bid For Disney Board Seat

If at first you don't succeed, try again. That old adage is proving true for an activist investor who is insisting on gaining a seat on the board of directors for ABC Owned Stations and ESPN parent The Walt Disney Co.
Stacy Rader

CBS Media Venture’s Future Content Strategy In Rader’s Hands

She spent a dozen years at Sony Pictures Television, where she rose to Executive Producer and Head of Brand Partnerships for "The Good Dish," and served as Co-Executive Producer and Head of Brand Partnerships for "The Dr. Oz. Show." Now, she's the SVP/First-Run Development and Brand Extensions at CBS Media Ventures.
People watching TV

Traditional Pay-TV Services See Continued Decline

U.S. cable and satellite pay-TV services are set to face subscription declines in the coming years as their remaining viewers increasingly shift to OTT streaming services. Complicating matters, says GlobalData, are the younger viewers who have never even subscribed to a traditional pay-TV service.

Fox Weather Added To A DBS Provider

FOX News Media’s free ad-supported streaming television ("FAST") weather service has expanded its distribution to include one of the nation's two direct broadcast satellite services and its associated streaming application.

An NHL Team Goes With Nielsen Local TV Ratings

The National Hockey League franchise that has called North Texas home for the last three decades has signed a multi-year agreement with the nation's dominant audience measurement and media analytics company that gives it data designed to provide precise local viewing data.

A MAX-imum Effort To Attract Cable TV Viewers

To attract new users to Max, Warner Bros. Discovery is using Spot Cable for a new ad campaign promoting the OTT platform. It's a sign that WBD head David Zaslav and his team have no fear in shifting viewers of its cable channels to Max, as "cord cutting" continues to accelerate.

An Upstate S.C. Request For A VHF-to-UHF Upgrade

A Greenville-Spartanburg, S.C., TV station recently completed its transition to a broadcast frequency of 57 MHz. While it is running at full power, it acknowledges that its low-VHF channel position makes over-the-air reception difficult for its viewers. A shift to the more-powerful UHF band is now being sought.

TEGNA Secures An ’11Alive’ News Ops. Leader

TEGNA has selected a new Director of Content for its NBC affiliate serving Atlanta. For those who have worked in Chicago, they'll be highly familiar with this individual, who is leaving KSDK-5 in St. Louis after four years. Her resume includes stints at WLS-7, WBBM-2, and WFLD-32 in the Windy City.
Sam Matheny, EVP/Technology and Chief Technology Officer, NAB

Deadline Nearing For TV’s 13 GHz License Certification

The EVP/Technology and Chief Technology Officer of the NAB is actively reminding broadcast television licensees that they have until Wednesday to abide by a FCC requirement that, if no action is taken, could greatly impact the station. In fact, it could lead to a license cancellation.

American Tower’s 30-Day Growth Spurt: Will It Continue?

Broadcast and cellular tower company American Tower Corp. has long been a strong performer on the NYSE. But, as the end of the third quarter approached, a year-to-date low was reached. Since then, however, AMT has been on fire.