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TV News ®
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A glimpse of the Kerry FCC
At a press conference last month, Rep. Maurice Hinchey (D-NY), a leading foe of media consolidation, suggested that his task - - resisting consolidation in general and the FCC 6/2/03 ownership ruling in particular - - would be much easier under a John Kerry-appointed FCC. We can now confirm that this will be true.
TVBR observation: We can only say that, as far as EEO goes, those guys and gals in with the wooden hammers and long the black robes have a thing or two to say on the subject, and as a result the FCC is quite familiar with the phrase "try, try again." The FCC will continue to face this challenge regardless of who sits in the Oval Office. However, Hinchey is absolutely correct on consolidation. The FCC is charged with redoing its 6/2/03 ruling, and if three Democrats control the process, the results are sure to be radically different than they were on the first Republican-controlled go-around.
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AGB Group, Nielsen to form international
TV ratings firm
The AGB Group and Nielsen Media Research International announced they've agreed to form a joint venture that will offer TV ratings in 30 countries, under the AGB Nielsen Media Research name. The transaction will merge the television audience measurement services of Kantar Media Research-owned AGB Group - with the wholly owned TV audience measurement services of Nielsen Media Research International. The TV ratings services offered by Nielsen in the US are not part of the transaction. | More... |
Chicagoans mobilize to urge Nielsen
to stop 8/5 LPM rollout
The Local People Meter controversy continues: Almost a dozen "Human TVs" yesterday spread out across the Chicago Loop downtown urging Chicagoans to tell Nielsen Media Research to stop their plans to rollout their LPM ratings system that they claim undercounts African Americans and Latinos. | More... |
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A choice proposition on DTV
Most television broadcasters are currently operating on two channels, with one broadcast going out in analog and the other in digital. The time is rapidly approaching when final decisions must which channel - - perhaps one the two already occupied or perhaps a third option - - will become the permanent home when the station is digital-only. We suspect that if your station has been NBC-4 for decades (that's where my family usually gets its local TV news here in Washington), then Channel 4 is going to be the lucky winner in the channel election process. But it doesn't have to be. Here, straight from the FCC, are the channel election parameters. Monday: powering up requirements. | More... |
TVBR economic snapshot
The economic recovery continues to caterpillar forth, with each new day providing a freshly mixed bag of signs for the tea-leaf readers to ponder. This time, while jobless claims were down, so were retail sales. But there is something which may be going up - - interest rates. The number of new claims for unemployment insurance came in slightly below forecast for the last week of July, and was a good bit below the newly-idle figure for July 2003. However, the numbers caused a less-statistically volatile four-week rolling average to rise. Meanwhile, rising gas prices and an end to easy home-mortgage refi's were blamed for sluggish retail sales. Retailers, in fact, were told to expect more of the same going ahead. (This is despite commentary we've heard that back-to-school is coming back strong.) Finally, the New York Times is predicting that Fed Chairman Alan Greenspan is going to put another quarter of a percent onto the prime rate, moving it from 1.25% to 1.5%. This is because for all the sluggishness, there are also positive signs, such as renewed consumer confidence and a jump in auto sales.
Citadel comments on the Clear Channel diet
Citadel is the first company we've heard admit that it could stand to trim some spotload as Clear Channel pursues its diet initiative. "This is a great move by Clear Channel," said Chairman/CEO Farid Suleman. "As the largest company, they're exhibiting great leadership." He said it should improve the product, and hopefully, CC will market those improvements to the benefit of everyone in the business. Citadel, who competes with Clear Channel in most of its markets, plans to pay close attention to CC's spotload level, and do what is necessary to remain competitive. Suleman believes the diet will work, clearing clutter and driving up rates. "A lot of companies have responded favorably," he said. Asked about companies breaking ranks to undercut competitors, he commented, "I think you're going to see a lot more pricing discipline, even in the largest markets."
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Conference Calls, Q2 2004
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Univision sails past industry norms
Hispanic giant Univision stormed through Q2 2004, posting a 55% increase in net revenue and a 101% increase in net income. It's net revenue total for the quarter was $495.3M, up from $320.2M during the same quarter in 2003. On a pro forma basis, the numbers were still exceptional. Pro forma net revenue was up 25%, pro forma operating income was up 31%, and pro forma net income was up 63%. "Our growth can be attributed to strong quarterly performance at each of our divisions as advertisers continued to increase their commitment to building brands nationally and locally through our Spanish-language media assets," said Chairman/CEO Jerrold Perenchio. The television performance was highlighted by continued success drawing Hispanics away from English language TV. And the radio division reported a pro forma growth rate of 19%, compared to the overall radio rate of only 2%. Univision is predicting a robust Q3 with net revenue gains in the high teens.
Citadel well-fortified in Q2
Citadel easily outperformed Q2 2003 in Q2 2004, posting a 12% gain in net revenue, and, due to a number of factors, a 720% gain in operating income. Station operating income was up a more down-to-earth 13%. Much of the gain was due to new acquisitions, however. Station-to-station revenue was more in line with industry results, registering a 4.7% gain. With stock prices low and station prices high, the company is buying its own stock rather than investing in new broadcast properties. Station operating income was up 12/7% over all, and 7% on a station-to-station basis. The 720% gain in operating income was credited to higher revenues combined with decreased depreciation/amortization expense and non-cash stock compensation expense.
Editor's note: Citadel is investing in its future by building on what it has rather than buying what it doesn't - - although it is in buying mode, like many other broadcasters, it's main acquisition target is itself. There is an obvious strong relationship between Farid Suleman and Infinity COO Joel Hollander. We suspect that if Infinity decides to sell any station(s) Farid will bet first at the plate. Same goes for any trades but don't look for a Citadel Spokane for an Infinity Philly...
Hot times for Hispanics:
SBS beats guidance
Spanish Broadcasting System grew from $36.M to $40.3M in net revenue for Q2 2004, a gain of 10%, blowing away prior guidance which had predicted a low- to mid-single digit gain. The Hispanic radio operator rode a hot hand in Miami and Los Angeles, coupled with more modest gains at its New York and Chicago properties. YTD, net revenue is pacing 8% ahead of the first half of 2003. "Our second quarter revenue growth is among the strongest in the industry, highlighting the leading positions of our stations," said Chairman/CEO Raul Alarcon Jr. SBS is looking to post mid-single digit gains in Q3. The company is currently in the midst of a plan to sell off non-core assets. It has already completed the spin of an AM-FM combo in San Antonio to Border Media Partners. It has two pending deals in the fire, one involving an FM in San Francisco and the other involving a trio of suburban Chicago stations.
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A big reason for the 18-34 drop in TV viewing?
Hispanic Business magazine may have nailed it. In the recent issue, a story, "The New Frontier," addresses the issue of the drop in 18-34 viewers. The boom in Hispanic population in the US bulks up a bit in the 18-34 demo. However, there aren't 100+ channels for them to view as with general market nets. So they go elsewhere. Also, Hispanics tend to be more into radio listening than television viewing. The solution: build more Hispanic TV/cable nets, especially those reaching English-speaking Hispanics. Excerpts: | More... |
Radio Ad Effectiveness Lab
to release new worldwide study
The RAB announced the Radio Ad Effectiveness Lab (RAEL) will release its Wirthlin Worldwide study "Personal Relevance, Personal Connections: How Radio Ads Affect Consumers" 8/18. The new report concerns a large-scale project conducted in 2004 with Wirthlin Worldwide to better understand how Radio advertising affects consumers in ways that are different from television and newspapers. It is the first in a series of major research studies from RAEL, all designed to help advertisers and agencies maximize Radio ROI. RAEL is an independent organization established in 2001. RAEL is funded by radio industry companies and works with advertisers, agencies and broadcasters to further the understanding of how radio advertising works, to measure radio's effectiveness and to increase advertiser and agency confidence in radio. Meanwhile, RAEL just released the "Guide To Radio Advertising Testing Services," a directory of radio commercial testing firms which were willing to share sufficient information with them. Access the guide here.
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Media, Markets & Money tm
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Gannett divvies up more dividend
Gannett Co., which operates 22 television stations, 101 daily papers and other mostly-publishing assets, is upping its dividend for the 36th time since it went public last century (don't get too excited, we're talking 1967). It is now up to $0.27 per share. Shareholders of record on 9/10/04 will receive their one-George, two-Abe pay-off 10/1/04. And now (to borrow from Monty Python), for something completely different: George Carlin, speaking of George Washington, has pointed out that George Washington's brother may correctly be thought of as the Uncle of Our Country. Just thought we'd pass that along.
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Washington Beat
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Push it back, push it back...
waaaaaaaaay back
The FCC has provided an extra 61 days for interested parties to weigh in on its notice of inquiry (NOI) concerning broadcast localism. Among the groups petitioning for more time were the NAB, the Illini Media Company and the Media Access Project. The former two companies actually get a 16-day bonus - - they each only asked for 45 extra days. The new deadlines are 11/1/04 for comments and 12/1/04 for reply comments.
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Programming
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NBC, DISH team for guide to
NBC's Olympics coverage
EchoStar announced that its DISH Network is teaming with NBC to create an NBC Interactive TV (ITV) showcase designed to deliver an array of NBC Universal's broadcast assets, including the networks that will carry the Summer Olympics coverage. The showcase is the first ITV multiple picture-in-picture application in the US and will be free to more than 9M DISH Network customers with access to "dish home" ITV service. From 8/1-8/29, the showcase will allow viewers to monitor five NBC Universal networks on a single TV screen and select the competition or program that the viewer may want to view in normal, full-screen format. Five of the six showcase windows will air real-time coverage from MSNBC, CNBC, USA, Bravo and Telemundo when it is being broadcast. As many as three NBC networks will simultaneously provide Games' coverage during each Olympic broadcast day. The sixth window will show NBC Network Daily Olympic highlights and a preview of the upcoming Olympic events that will be carried by the local NBC Network affiliate. The showcase can be accessed through "dish home" on DISH Network channel 100 by pressing select when a showcase banner is shown on any one of the NBC channels, or by going directly to Channel 147 which will house the NBC Daily Olympic Highlights.
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TV Ratings
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TiVo top 25 network primetime ratings report
TiVo has released week's TiVo Top 25 Network Primetime Ratings Report, with the top 25 programs watched on TiVo that were aired during prime time on ABC, CBS, FOX, NBC, UPN, and WB. The Total TiVo Rating is calculated as the per-second average percent of subscribers tuned in to the givew program. The Primary Viewing Mode is how the majority of the viewing audience watched the show, in recorded playback or live TV. TiVo records a 30 minute 'cache' of what viewers are watching at all times so they can rewind and instant replay programming. People watching within the live cache are considered 'Live' viewers. The aggregate ratings are based on an anonymous random sample of 20,000 TiVo units in subscriber households across the US. | Tivo List |
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Stock Talk
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Look out below!
Most broadcast issues took a powder yesterday - - with by far the most punishment going to the television stocks rather than the radio stocks. Then, there's the case of Granite, which was sent packing from NASDAQ and is headed to over-the-counter land. But how about Univision, up over four bucks? Wow.
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TV Stocks
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Here's how stocks fared on Thursday
| Company |
Symbol |
Close |
Change |
Company |
Symbol |
Close |
Change |
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Acme
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ACME
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$6.15
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-$0.13
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McGraw-Hill
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MHP
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$74.53
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-$1.15
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Belo
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BLC
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$23.25
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-$0.30
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Media General
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MEG
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$59.31
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+$0.07
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Clear Channel
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CCU
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$36.71
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-$0.30
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Meredith
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MDP
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$51.36
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-$0.76
|
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Disney
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DIS
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$22.32
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-$0.17
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News Corp.
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NWS
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$32.65 |
-$0.15
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Emmis
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EMMS
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$19.77
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-$0.42
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Nexstar
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NXST
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$8.44
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-$0.56
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Entravision
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EVC
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$7.35
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+$0.16
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NY Times
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NYT
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$41.28
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-$0.34
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Fisher
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FSCI
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$49.21
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+$0.50
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Paxson
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PAX
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$2.79
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-$0.11
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Fox
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FOX
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$26.08
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-$0.18
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Saga Commun.
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SGA
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$17.51
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-$0.46
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Gannett
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GCI
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$83.11
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-$0.51
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Scripps
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SSP
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$103.40
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+$0.57
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Gen. Electric
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GE
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$32.27
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-$0.61
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Sinclair
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SBGI
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$8.97
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-$0.92
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Granite
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GBTVK
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$0.67
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+$0.01
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Time Warner
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TWX
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$16.58
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-$0.30
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Gray
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GTN
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$11.41
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-$0.20
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Tribune
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TRB
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$41.41
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-$0.59
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Gray, C1. A
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GTNa
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$10.81
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-$0.11
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Univision
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UVN
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$34.05
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+$4.33
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Hearst-Argyle
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HTV
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$23.63
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-$0.01
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Viacom, Cl. A
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VIA
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$34.21
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-$0.32
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Jeff-Pilot
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JP
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$48.11
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-$0.75
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Viacom, Cl. B
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VIAb
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$33.77
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-$0.25
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Journal Comm.
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JRN
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$16.66
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+$0.07
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Wash. Post
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WPO
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$865.75
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-$9.26
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Liberty Corp
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LC
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$42.35
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-$0.52
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Young
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YBTVA
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$10.10
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-$0.56 |
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LIN TV
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TVL
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$19.42
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+$0.02
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Have a news story you'd like to share? tvnews@rbr.com
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TVBR Audiocast
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08/06 - Get the feel of what you are scrolling down and reading... Listen to this morning's AudioCast and
Hold On To Your Hair!

Listen Now
with Bob DeCarlo'
"In Da Morning"
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Bounceback
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We want to hear from you.
This is your column, so send your comments to tvnews@rbr.com
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July Digital Magazine
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Complimentary Report
Sports - Summer NFL training camp, Baseball, NBA draft just hit and what you need to succeed:
Programming - Sells with NTR - What works and what doesn't

Read RBR in 2 simple steps:
1.Create a simple account with Zinio and download the free Zinio Reader.
2. You can then download the free July Issue of RBR

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TVBR Radar 2004
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Click on these issues for TV News you won't read any where else. TVBR--First, Accurate, and Independently Owned.
Nexstar CEO Sook says
JSA NPRM is a long shot
Major issue facing TV broadcasters addressed by Perry Sook is - The FCC's Notice of Proposed Rulemaking on TV station JSAs. We feel this is the start of a process. And with changes in the Commissioner ranks at the FCC, we think regardless of the outcome of the election we think this process will take a substantial amount of time to play out-perhaps years.
08/05/04 TVBR #152
TVB: cable penetration drops, satellite rises
Nielsen figures showing a nine-year low in cable penetration thanks to the growth of alternative delivery systems (ADS), which are mostly, satellite DBS. See the list.
08/05/04 TVBR #152
FCC puts the cattle-prod
to DTV process
The FCC has taken several steps toward bringing the conversion to digital television to a conclusion. All of them are aimed squarely at broadcasters. 08/05/04 TVBR #152
TV/DTV allotment requests on ice
The FCC is putting a freeze on all requests to make allotment and/or service area changes to existing analog and/or digital television stations. It goes into effect immediately and will stay in effect until further notice. The action is being taken to further the DTV transition. TVBR observation: Annoyed? Wanna comment? Forget it. The FCC explains that, too, saying that "...this freeze is procedural in nature and therefore the freeze is not subject to the notice and comment and effective date requirements..." most such dictates require.
08/04/04 TVBR #151
Another FCC light bulb idea
May see light as the commission is thinking of dimming the light on Joint Sales Rules (JSA) on the TV side. Big area of concern here but few years away. TVBR observation: When was the last time - first time - any FCC commissioner hit the streets at 8:30am and sold a spot in any competitive environment? Answer? Idle hands in an election year - you know the saying. 08/04/04 TVBR #151
RBR Closer Look
The Number two radio group in size
Cumulus Media and their CEO Lew Dickey went under the RBR microscope from - Survived "the perfect storm" - - Confluence of disparate events, all of which conspired to inflict particular damage on the radio image. - Not part of the spot clutter problem and welcomed Clear Channel's upcoming spot diet, - Somewhat-embattled ratings giant Arbitron a vote of confidence.
RBR observation: See the total report. 08/04/04 RBR #151
TVBR Closer Look
Winds of Naples, FL
Bending the Palm Trees
Hurricane season doesn't officially end until Nov. 30th. but they are coming; just wait. Key forecaster Bob Coen from Universal-McCann media revenue forecast sees these storms for the balance of 2004. This is just the short term picture. We have heard many new buzz words and phrases hanging around: Spot Load Diet, Forward Guidance ending, Weekly Pacing canned, Reality Show is charted to pace your individual station(s) by to hit your budget compliance. 08/03/04 TVBR #150
Veronis Suhler takes stock of communications
Has dusted off its crystal ball, and sees a turnaround in communications and advertising businesses which should carry forth into 2008. TVBR observation: Does this mean we can all just sit back, try not to screw up and watch the money roll in?
08/03/04 TVBR #150
Veronis Suhler Stevenson
sees radio growth returning
Defend and remain convinced that radio is going to return to its normal pattern of 6%+ growth. The question is when? At this point, it appears that the VSS forecast out today of 6.7% growth for 2004 is extremely bullish. TVBR observation: Again, no forward pacing so for your guidance we suggest you print the chart attached inside. 08/02/04 TVBR #149
Concentrating on men
Reaching men included a great chart ranking programming elements of both radio and television side-by-side in terms of their ability to find high concentrations of men, without wasting impressions on women, if that is germane to your particular advertising campaign. In general, a number of radio formats do a better job than any television format in delivering a high concentration of men. TVBR observation: When viewing the TV list this is a place for cross marketing and if radio markets on TV then it seems logical to buy that 15 or 30 second promo spot for your morning drive on Leno or Letterman plus don't forget cable and guys like Dennis Miller etc. View this as a good research programming tool. 08/02/04 TVBR #149
Who gets the FCC FINE?
Well, the 'F' word slipped out plus others choice phrases from the mouth of DNC Don Misher when all was happy except the balloons didn't fall as planned. Misher caught on-air by CNN saying: We need balloons... I want all balloons, 'God---' no balloons. Then the slip of that great 'Fudge' word - just over a few crummy balloons. TVBR observation: Who does FCC fine? The balloon maker, the balloon blower upper, the balloon cord puller, Misher, the DNC, John Kerry since those balloons were for him, or CNN? Na on CNN that is cable. Ah, what the 'Fudge', nobody cares. It was a slip of the, ahhh, tongue. 07/30/04 TVBR #148
Radio Look see - Local gains lead to modest June increase
The radio industry picked up the pace with local advertising in June, bringing in 5% more cash than in the same month in 2003. National business, on the other hand, was an anchor that slipped out of the boat, dragging the total business increase to a gain of 3%. But at least it was a gain! RBR observation: Most of the mid-level radio group dog and pony shows have featured reports of a more robust Q2 and YTD. Some one must be having problems!
07/30/04 RBR #148
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TV editor
Do you know the business of television? While other trade publications are cutting back, we're growing. Television Business Report (TVBR) is the hottest new electronic daily, backed by over 21 years of success at Radio Business Report. If you know who's who and what's what in TV & Cable, send resumes to CJCarnegie@rbr.com |
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