‘TV On Wall Street’ Intends To Provide Clear Picture For Investors


Savvy audiophiles know the band TV On The Radio.

Now, the NAB is hoping savvy financiers and Wall Street execs will take note of “TV on Wall Street.”

That’s the name of a subconference scheduled for Thursday, Oct. 19, as part of NAB Show New York — the broadcast media industry lobbying association’s annual event focused on digital media, tech companies and advertising agencies.

“TV on Wall Street” is designed to provide an opportunity for attendees from the three disciplines to gain “a clear picture of the investment implications for video services and the revenues/profit multichannel and content providers can expect over the coming years.”

Top Wall Street analysts and financiers from a range of industry areas, as well as leading companies in the space, are on tap for the mini-confab produced in partnership with S&P Global Market Intelligence and Summit Ridge Group.

“TV on Wall Street” kicks off with a presentation by Robin Flynn, Senior Research Director from S&P Global Market Intelligence/Kagan, covering the past, present & future of the video industry in the U.S. The current and projected revenues and subscribers for cable, DBS and broadcast TV, direct-to-consumer offerings, SVOD and mobile delivery will be addressed. Topics such as competition, programming costs, and state of the industry will be included.

Then, a keynote Q&A session will address TV stations’ place in the evolving video ecosystem: environment for advertising revenues and retrans, potential for inclusion of stations in OTT services, video consumption tends, competition, programming, new revenue streams, operating environment, how the financial community views TV, and availability of finance, among other topics.

Who will win the battle for video subscriptions and revenues? The view from Wall Street is offered in the next session, with commentary and input from Bank of America Merrill Lynch senior analyst Jessica Reif Cohen, JP Morgan’s Philip Cusick, and CFRA’s Tuna Amobi.

Other sessions are still being finalized, including an afternoon panel devoted to “media tech disruptors, start ups, V Caps, and more.”

A late-afternoon session features as confirmed panelists Wells Fargo Securities‘ David Hebert and Pimco’s Jinhy Yoon.

NAB Show New York kicks off a day earlier, on Oct. 18, with a keynote conversation featuring FOX Television Stations EVP/CFO Joe Dorrego, led by Jeffries LLC Managing Director of Equity Research John Janedis,

“NAB Show New York’s proximity to Wall Street and its focus on media and technology uniquely positions the event to provide a deep dive into factors that are impacting business decisions and the financial state of the industry,” said NAB President/CEO Gordon Smith. “This new conference will undoubtedly provide attendees with insight and information they can take to the bank and use to manage their investments.”

iHeartMedia Chairman/CEO Bob Pittman, recording artist Halsey and iHeart air personality Ryan Seacrest pose after the company’s “fireside chat” on driving creativity and success during the Cannes Lions Festival Tuesday in Cannes, France. (Photo by Tony Barson/Getty Images for iHeartMedia)

Also tied to NAB Show New York is the New York State Broadcasters’ Association (NYSBA) Leadership and Hall of Fame Luncheon, at which iHeartMedia Chairman/CEO Bob Pittman will be honored as the New York Broadcaster of the Year.

The ceremony will also see longtime Buffalo air personality Sandy Beach; Rochester, N.Y., market veteran Janet Lomax; and retired WABC-7 in New York reporter Art McFarland inducted into the New York Broadcasters Hall of Fame.