Mavericks Team Up With TEGNA For OTA Coverage

Add the company that owns WFAA-8 in Dallas-Fort Worth to the list of broadcast television station ownership groups that will be airing professional sports play-by-play across the final weeks of the 2023-2024 National Basketball Association regular season.
Manoj Bhargava

NewsNet’s Money Man Triggers Cumulus ‘Poison Pill’ Plan

Cumulus Media's plan to prevent a hostile takeover of the company led by Mary Berner appears to have been prompted by the desire of the man who has funded the growth of the NewsNet 24/7 television offering to snap up Cumulus shares — and perhaps gain full control.

FM Digital Power NPRM ‘Clarification’ Petition Sent To FCC

The NAB and HD Radio parent Xperi Corp. earlier this month submitted a "Petition for Clarification" with the FCC's Media Bureau in response to an "ambiguity" they discovered in a proposed rulemaking that would change the way a radio station determines if it can boost its HD Radio power.

A CFO Transition Will Soon Begin At Gray Television

Jim Ryan, who has consistently ranked among the top RBR+TVBR Broadcast Best Finance Leaders for the last several years, will actively train his successor between his April 1 arrival and the end of 2025. His eventual replacement has already been picked and is inbound from Wells Fargo Securities.

Fubo Goes To Court To Stop ‘Hulu For Sports’ Launch

FuboTV, the "sports first" vMVPD that sees ex-Wall Street financial analyst John Janedis serve as its CFO has filed a lawsuit in a New York federal district court against Warner Bros. Discovery, Disney and FOX. It's a move designed to put a stop to its plans to launch a SVOD platform focused on sports.

TV Viewing Hits Four-Year High in January

According to Nielsen, television viewing levels soared during the first month of 2024, bolstered by "an abundance of high-volume streaming days, NFL playoffs, colder temperatures, and the long-awaited return of scripted broadcast programs."
Erin Dozier, NAB

NAB Lobbies Gómez Staffers On Key Radio Industry Issues

The SVP/Deputy General Counsel of the National Association of Broadcasters and the NAB’s Associate General Counsel spent last Tuesday chatting with two staff members in the office of the FCC’s newest Commissioner about “various issues” tied to four rulemaking proceedings.
Les Moonves

Les Moonves Settles LAPD Investigation Interference Claim

Les Moonves is back in the news. The former CBS head has agreed to pay a fine to the City of Los Angeles for violations of its ethics code. What did he do? Moonves was found to have chatted in an inappropriate manner with an ex-LAPD captain about a sexual assault claim against him.
Photo Credit: Audacy/KDKA Radio/Ben Tenuta

KDKA’s NextGen Plan To Keep Radio Relevant

In Pittsburgh, one of the first stations licensed for broadcast is teaming up with a local institution of higher learning by "redefining radio" with a new overnight show hosted by students. It demonstrates how a medium more than 100 years old is making strides to keep it future-proof.

Gray Postpones 2026 Term Loan Refinance Plan

On January 30, Gray Television announced that it was amending certain terms of its $1.19 billion term loan and $500 million revolving credit facility due 2026. On Friday, Gray revealed that a "planned opportunistic" refinancing of the term loan is being placed on hold.

Thatcher’s Mission: Contesting A ‘Good Faith’ FCC Fine

At the very least, Mission Broadcasting believes the FCC's proposed $150,000 forfeiture for allegedly not participating in "good faith" retransmission consent discussions with Xfinity parent Comcast Corp. should, at the very most, warrant a $7,500 financial penalty.

It’s Official: WBD Sales Pro Lanzano Lands At Nexstar

One month ago, he took to LinkedIn to share the happy news that he's starting a new position in media advertising sales for a major broadcast media company. Now, it's official: Dan Lanzano is out at Warner Bros. Discovery and has joined the No. 1 broadcast TV station owner in the U.S. 

FCC Plan Would Widen Multilingual Emergency Alerts For Radio, TV

Emergency alerts in some 13 commonly spoken non-English languages could be on the way for broadcast radio and television stations in the U.S., thanks to proposed rules that were introduced by the Commission at its February Open Meeting on Thursday.
Wade Davis

A 41% Narrowing Of TelevisaUnivision’s Net Loss In Q4

Things are looking up for the world's top creator of Spanish-language audio and video content. Still, a loss in the hundreds of millions of dollars was seen by TelevisaUnivision in Q4 2023.  With a recent debt swap at a significantly higher interest rate, the pressure is on for CEO Wade Davis.
Audacy Logo

Soros Fund To Hold Audacy Majority Stake Post-Bankruptcy

Soros Fund Management is set to become the primary shareholder of Audacy following the company’s pending emergence from Chapter 11 bankruptcy.