Nexstar Slams FCC Over Proposed WPIX-Linked Fines, Divestitures
The nation's No. 1 owner of broadcast TV stations on Monday afternoon filed its response to the FCC’s proposed fine linked to the company’s relationship with WPIX-11 in New York. "We will not be issuing any additional statement regarding the filing, which we will let speak for itself," a company spokesperson says.
Beasley Shares Shifts To New Nasdaq Market
Beasley Media Group's stock has moved from the Nasdaq Global Market to the Nasdaq Select Market. For shareholders, the move was designed to be largely transparent. And, it gives the company more time to meet Nasdaq's $1 minimum valuation and regain rule compliance.
Scripps Confirms The CW Will Leave Seven Of Its Stations
Seven DMAs where The E.W. Scripps Co. presently offers The CW network as a local over-the-air offering via one of its broadcast signals will soon be parting ways with the Nexstar Media Group-owned offering, RBR+TVBR has confirmed.
A Q1 Results Reveal Showdown Coming In May
On April 3, Townsquare Media said it would release its Q1 2024 results on May 9 and hold an 8am Eastern conference call. It's now known that Townsquare will be competing for analysts' attention with iHeartMedia, which has scheduled its own call at the exact same time.
Estrella Media Sells Content, Digital Operations To Hot 97, WBLS Owner
“This leverages the strengths of two great companies to build something new,” said Deb McDermott, known for her role as the head of Standard Media. She will serve as Chair of MediaCo. To be clear, the $120 million transaction does not involve an asset purchase agreement ... yet.
Two House Democrats Share Concerns Over Sports Streaming JV
The Ranking Member of the House Judiciary Committee, and a colleague representing San Antonio, have sent a letter to Bob Iger, Lachlan Murdoch and David Zaslav — the respective leaders of Disney, FOX and Warner Bros. Discovery — to share their worries over "Hulu for Sports."
Regional Latino Voice Commits To ‘Maxima’ Brand
As 2020 came to a close, Miguel Amador and his Ritmo Broadcasting agreed to purchase an AM in Florence, N.J., and its FM translator companion serving a portion of Philadelphia's suburbs. Now, Amador is selling those facilities, along with an additional FM translator in Trenton.
Audacy Rolls Sports Content Into A Single Ad Portfolio
When it comes to its unique content and magnetism among consumers, Audacy Inc.'s sports properties are perhaps its most valued offerings. Now, the company that...
A 50-Year Career In Radio Ends April 29
The morning host of a Cumulus Media radio station, who joined the FM in 1974 under Capital Cities Communications ownership and has been there ever since its switch to Top 40 from Beautiful Music, has announced his retirement.
BIA Releases Latest Hispanic Radio Station Directory
Included are nearly 2,000 commercial and non-commercial AM and FM stations in over 100 different formats that appeal to various Hispanic target segments. A companion report accompanies the directory and features proprietary analysis into the Hispanic radio market.
Family Life Radio Parent Rebrands
The parent ministry for Family Life Radio, a network of Christian non-secular broadcast stations led by President/CEO Evan Carlson from its Tucson headquarters, has changed its name. The rebrand has been done to reflect how the ministry "goes beyond radio."
Norsan Media Grows With Austin Transaction
Just days ago he was seen chatting in Spanish with Amador Bustos at the Encore in Las Vegas while attending the 2024 NAB Show. Now, Norberto Sánchez and Norsan Media CEO Natalia Alvarez are celebrating the addition of radio properties in the capital of the Lone Star State.
‘VOICES’ Minority Tax Certificate Act Gets D.C. Revival
In the 117th Congress, a Democratic Senator from Michigan introduced legislation that would require the FCC to take certain actions to increase diversity of ownership in the broadcasting industry and establish related tax incentives. It languished. Now, the 118th Congress is trying again.
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‘Q Rock!’ Slides Over To New Owner In S.C.
It's a station committed to "bringing the best summer of your life, back to life" and is anchored by the syndicated John Boy & Billy Big Show in mornings. Soon, it will become the property of an entity led by John B. Byrne.
Sinclair Releases 2023 Corporate Social Responsibility Report
In honor of Earth Day, Sinclair Inc. on Monday published its 2023 Corporate Social Responsibility (CSR) report, detailing the company’s achievements and progress in its social responsibility journey.
At NAB Show, 5G-Enabled Cloud Broadcasting Debuts
Verizon Business, some two months after striking a partnership with the NHL, devoted the bulk of its presence at the 2024 NAB Show to "putting co-innovation on full display" by way of a new 5G-enabled cloud broadcasting product. It comes to fruition thanks to AWS Wavelength Zones.
An Open Call for Local News Coverage Funding
It describes itself as a "$500 million movement to reimagine local news." Coming April 30, it will begin accepting applications for its first open call for funding focused on addressing what it believes are "the long-standing inequalities in journalistic coverage of underserved communities."
Study: Workers Don’t Want to Be Fully Remote
In an age where people in broadcast media, depending on their roles, can work from anywhere there is an internet connection, Resume Builder has uncovered an intriguing desire among those in the overall workforce: they want a hybrid work environment, at the very least.
‘Real World’ Media Events Flourish In GenAI Times
GenAI and game engines are transforming content creation and production in the TV industry, Yet, activism is also growing in the media sector, with the industry facing pressure from activist shareholders and writers’ strikes protesting streaming royalties and new technologies.
These are some of the key findings in Arthur D. Little’s State Of The Media Market 2024 report, an annual analysis of the global trends impacting the media, sports, and entertainment sectors.
What’s The Biggest Blocker To Transformation?
The media and advertising landscape is in its next phase of its evolution as global media leaders now look to data, AI and a more collaborative client-agency approach to navigate an era of rapid change and drive efficiencies in transformation. Yet, one obstacle stands out.
FCC’s Carr To Address Agency Enforcement Reform
The senior Republican Commissioner on the FCC will be participating in an upcoming discussion alongside former agency General Counsels, hosted by a major communication law firm, that's primed to focus on opportunities to reform enforcement practices.
A New Mobile App Choice for Radio
It's carved itself a business niche by serving and focusing on small-market radio stations. Now, these broadcast properties have a smartphone app solution build with their AMs and FMs in mind.
PPDS Selects A Director of Technical Sales Support
PPDS, the exclusive global provider of Philips digital signage, interactive displays, dvLED and videowalls, professional TVs, and dedicated AV software, has promoted from within to select its new Director of Technical Sales Support.
A Partner Program Launch For SwXtch.io
The swXtch.io Federated Partner Program brings technology partners, systems integrators and public clouds together with swXtch.io to help customers bring their on-prem networks to the cloud.
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