Berge Appointed to NAB Radio Board
The woman who serves as Market President for iHeartMedia in Eau Claire, Wisc., and Rochester, Minn., has been appointed to the NAB Radio Board of Directors.
A Bold Move For a Minn. FM
It may technically not be a station sale, but it is indeed a transfer of control. And, there is money being transacted. As such, the FCC has received a filing from the owner of a 50,000-watt FM serving Olivia, Minn., that seeks its permission to transfer it from one licensee to another.
Salem Moves Ahead With Sale Leaseback For Calif. Home
The purveyor of Christian-themed and conservative Talk content that in 2021 relocated to Irving, Tex., is selling its former Ventura County, Calif., headquarters, while entering a sale leaseback agreement. Salem Media Group continues to use the facility for broadcast studios and corporate needs.
‘PIRATE Act’ Positives, Even With Enforcement Concerns
FCC efforts to stop unlicensed radio activity have seen a significant step-up over the last year. These accomplishments were shared in an annual report to Congress submitted by the FCC on the positives the "Preventing Illegal Radio Abuse Through Enforcement Act" has brought to patrolling the nation's airwaves.
Sirius XM To Fight N.Y. AG In Federal Court
Sirius XM Radio Inc. has moved forward with its defense against claims from the Attorney General for the State of New York that it engaged in “a deliberately lengthy and burdensome cancellation process” by having the case play out in federal court, and not in state court.
Univision Prices 2028 Note Offering
The redemption is expected to occur on January 29, completing a debt swap that gives TelevisaUnivision more time to repay its debtors but add a premium, given the higher interest rate.
FCC Enters The Retrans Fray With TV ‘Blackout’ Proceeding
As expected, the Federal Communications Commission has moved ahead on a party-line 3-2 vote with a Notice of Proposed Rulemaking that will establish an agency regulatory policy requiring rebates for MVPD consumers who face programming "blackouts" due to a retransmission consent impasse.
‘The Eagle’ Loses Its Nest In New York’s Catskills Region
"Due to economic conditions in the market, the licensee was forced to take the station off the air temporarily." But, how long will the challenges of running a pair of Docket 80/90 Class A radio stations in rural Delaware County, N.Y. keep them dark? And, could Townsquare Media simply try to sell them?
Xperi-Owned TiVo Gets New Smart TV Manufacturer
A new OEM for smart TVs "Powered by TiVo," an expanded partnership with BMW for "DTS AutoStage Video Service Powered by TiVo," and new content partners across the globe for the living room and the car. That's the key takeaway from Xperi Corp.'s subsidiary focused on visual entertainment from CES.
A Local Content Leader Chosen For Disney+
Disney Entertainment has a new EVP of International Original Television, and he'll work from Los Angeles squarely focused on working directly with regional leaders and their teams across the globe to create local content for Disney+.
Citadel Founder, Ex-BFoA Chair Phil Lombardo Dies
Lombardo, a well-known broadcast media industry figure, served as NAB Joint Board Chairman and Chair of the Broadcasters Foundation of America. Under his leadership, the BFoA's annual financial assistance grew to nearly $850,000, from $60,000.
Coastal Television CRO Gets Presidential Treatment
He joined Coastal Television Broadcasting Group in November 2021 as Chief Revenue Officer. Now he's tacking on the title of President at the broadcast TV station owner.
WSJ: An Audacy Bankruptcy Is Coming. Lenders Will Own It
A reporter who has covered "financial distress, volatility and restructuring" for The Wall Street Journal is sharing the news that, according to sources, Audacy has reached an agreement with senior lenders that will give it the funds necessary to commence a voluntary Chapter 11 restructuring process. Will the Field family lose control?
With CES 2024 Coming, Broadcast Media’s Interest Grows
Still on the fence about CES 2024 and its importance to broadcast media? Perhaps Daniel Anstandig, CEO and co-founder of Futuri Media, offers plenty of good reasons why attending the mega conference and expo is a way to perhaps future-proof AM, FM, VHF and UHF.
Eshoo, Beyer Introduce ‘Landmark’ AI Regulation Bill
Democratic House Members Anna Eshoo of California and Don Beyer of Virginia, who serve as Co-Chair and Vice Chair, respectively, of the Congressional Artificial Intelligence Caucus, on Friday introduced "ambitious legislation to promote transparency in artificial intelligence foundation models."