What's the key takeaway from the 82-minute Supreme Court hearing of oral arguments in "FCC v. Prometheus," the cross-ownership rule remand appeal? Several justices seemed confused by what they are being asked to judge, and the Justice Department's Deputy Solicitor General serving as the FCC's counsel was definitely on the hot seat.
The U.S. Supreme Court for exactly 82 minutes on Tuesday morning heard a consolidated oral argument in "FCC v. Prometheus Radio Project," the Commission's appeal of a lower court's remand of its cross-ownership media rule rewrite. Fletcher Heald & Hildreth attorney Davina Sashkin provides an exclusive analysis of what transpired in this podcast, presented by DOT.FM. LISTEN HERE
Over the long MLK Day holiday weekend, a report from one Wall Street observer that claimed noted investor Warren Buffet had snagged "a 24.9% passive stake" in The E.W. Scripps Co. attracted much attention, including that of RBR+TVBR. Scripps now says that's not what's happening. Rather, Buffett is helping Scripps out with its ION Media purchase.
This year, due to the COVID-19 pandemic, the NATPE Miami conference is a virtual affair. And, it kicks off Tuesday (1/19) with four days of sessions that very much includes production -- in addition to content, research and investment.
What is the relationship between the number of independent local television news operations in a market and the size of the market, as measured by number of television households? That's a question two members of the FCC's Office of Economics and Analytics have addressed in a "Working Paper" that points to further DMA-level consolidation of news operations.
When Marci Ryvicker was Managing Director of Wells Fargo Securities, a role she had for 16 years before exiting in August 2018, she was a champion of Entercom Communications. Some 2 1/2 years later, her successor at Wells Fargo is equally enamored with the audio media company, as he's just given its stock an important vote of confidence.
A wholly owned subsidiary of Beasley Media Group said Tuesday that it intends to offer millions of dollars in aggregate principal amount of senior secured notes, subject to market and other conditions. Why? It is a "new debt for old debt" move from the Southwest Florida-based media company.
For a generation of Puerto Ricans, "Alfa Rock 106" was the home for rock and roll music. Times change, and just after midnight on March 3, 2018, WCAD-FM concluded its broadcast era. Just before Christmas 2018, the station was reborn, later taking new call letters that better reflect its current programming. Now, it's installed a listener-funded Dielectric DCR-M.
The first radio app to be compatible with one of the world's more popular brands of smart watches has been released for international consumption. But, radio broadcasters in the U.S. shouldn't get too excited about it. The smart watch manufacturer has been branded by Washington Republicans as an agent of the People's Republic of China.
The revenue decline remains in the double digits. But, the results point to a good, if not great, quarter-by-quarter recovery from the worst of the COVID-19 pandemic's economic carnage on broadcast radio in Canada. That's the story Montréal-based Cogeco is sharing with respect to its just-released fiscal Q1 2021 results.
It's a nation where political dollars weren't a factor in quarterly earnings growth. Yet, television segment income was up despite a dip in revenue for Canadian media company Corus. This helped Corus achieve flat earnings per share in the fiscal first quarter of 2021, as net income only slightly decreased. The bigger issue for the company is Radio.
Travel between Rocky Mount and Wilmington, N.C., along U.S. 258, and you'll come across the picturesque city of Kinston, in Lenoir County. Here, a low-powered TV station is being sold by Tutt Media Group.
The modern era's biggest competitor to broadcast media content consumption, Netflix, on Tuesday afternoon released its Q4 2020 results. How did it do? Perhaps the Q1 2021 forecast is a better topic of discussion. While 21.5% year-over-year revenue growth was seen for Netflix, net income was down. Why?
It remains in a battle with Gray Television over the carriage on one of its legacy TV services of a ABC affiliate within the vast Tampa-St. Petersburg DMA. Now, that fight could be taking perhaps a positive spin -- if good vibes from the C-Suite find their way into retrans negotiation. Frontier has emerged from federal bankruptcy protection.
As of today, the ABC affiliate serving the Triad region of North Carolina is getting its own newscasts at 6pm and 11pm. It brings Greensboro and Winston Salem "a fresh perspective on local news," the News Director for the Sinclair Broadcast Group-owned station says.
Swagger Institute, P1 Learning and the National Alliance of State Broadcasters Associations (NASBA) have teamed up to again provide a virtual sales and management training summit. The two-day event is scheduled for next week.
It's being heralded as "a significant industry breakthrough" by ViacomCBS and DISH Media. They've successfully delivered the first-ever addressable impressions within a live national broadcast via MVPD set-top box.
"The proliferation and rising popularity of a myriad of digital channels over the past decade has made the measurement of media effectiveness increasingly complex," says Mike Campbell, the head of international effectiveness at Ebiquity. In his view, the 2020s will be defined as a time when "a real shift" to an effectiveness-led media planning strategy starts.
Internet and digital news for the broadcasting industry.
The Pearl TV broadcaster business group is applauding the decision by the FCC to give broadcasters more flexibility when using a Distributed Television System (DTS) for NEXTGEN TV broadcasts using ATSC 3.0.
Digital audio and podcast player Triton Digital has been selected to aid a podcast producer and distribution in the delivery, monetization and measurement of its content.
Pioneer Electronics USA has used the all-virtual CES 2021 conference to debut its newest modular solutions in-dash receiver. It's hardware that is designed to provide vehicles with limited or restricted dash space an in-dash upgrade solution.