Gray’s Q4 Revenue Spin Brings Mixed Messages To Investors
Looking at the numbers on a combined historical basis is perhaps the best gauge of just how Gray Television, which merged with Raycom Media as 2019 began, performed in the final three months of 2019. The picture presented wasn't so great, and this, along with escalating fears over a COVID-19 coronavirus pandemic on a global scale, sent Gray shares wildly gyrating.
Sinclair Shares Sink Despite Company’s ‘Positive’ Q4 Report
"We have a lot of positive news to share with you today, starting with results that met or exceeded our guidance estimates," Sinclair head Chris Ripley declared at the start of his company's Q4 earnings call on Wednesday. If that was the case, why did Sinclair's shares tumble with the ringing of the Opening Bell, and finish the day down a stunning 15%?
Nexstar’s Super Q4 Fueled By Retrans Gains, Ad Revenue Strength
The nation's largest owner of broadcast TV stations had a huge final three months of 2019. But, like audio entertainment and media company Entercom, it requires a look at adjusted EBITDA. Once that's done, Nexstar's performance is one for investors to applaud. Coronavirus fears over the Summer Olympics could be spooking them today. Yet, Sook thinks a pandemic would actually help TV.
Gray Takes A Minority Stake in TEGNA’s CTV/OTT Ad Business
TEGNA's connected TV and "over-the-top" (OTT) advertising business has just received a shot in the arm from another broadcast TV company -- one that recently merged with Raycom Media. The pact allows Gray Television to serve as a reseller of Premion’s services across Gray’s 93 television markets.
Buddy Shula’s Border-Crossing Sales Play
As the head of Radio One Buffalo, veteran Western New York radio broadcaster Buddy Shula has enjoyed considerable success in recent months with Oldies WECK-AM, and its two FM translators serving Buffalo and its closest suburbs to the north. Now, Radio One Buffalo is poised to benefit from two additional radio revenue sources. They're both based in Canada.
Kevin Weatherly Out At Entercom; Kaplan, Stewart Step Up
On June 1, 1992, a Top 40 programmer at a San Diego radio station was named PD of KROQ-FM in Los Angeles. The appointment of Kevin Weatherly to the post was a game-changer, as KROQ transitioned from the "ROQ of the '80s" to a hard-charging Alternative presentation that made it an iconic station. As of today, Weatherly is no longer associated with KROQ, or sibling "93.1 Jack FM."
Here Are The NAB Crystal Radio Award Finalists
The National Association of Broadcasters has announced the 50 finalists for the 33rd annual NAB Crystal Radio Awards, launched in 1987 to recognize radio stations for their outstanding year-round commitment to community service. Winners will be announced and the finalists honored at the We Are Broadcasters Celebration, held Tuesday, April 21 during the 2020 NAB Show in Las Vegas.
FCC Opens Pleading Cycle For iHeart’s Foreign Dollar Ask
The nation's No. 1 owner of radio stations in July 2019 filed a Petition for Declaratory Ruling with the FCC stating that its OK for 100% foreign investment would serve the public interest. Now, the FCC has set a pleading cycle, allowing the public to say whether or not what iHeart wants is really in the public's interest.
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Bill Laird Says Farewell To Wisconsin Radio
In 1956, Dorothy Laird launched a Class B AM radio station in the Wisconsin town of Waupaca. In 1967, she delved into the budding riches of FM radio by adding a Class A FM in Waupaca. The stations were handed to her son, Bill Laird, who has continued to run them and holds a CP for a new FM radio station in the town. Now, Laird is retiring, and he's agreed to sell the properties.
Sinclair Prepares To Rebrand RSNs
Sinclair Broadcast Group on Aug. 23, 2019 closed on its purchase of FOX regional sports networks. As such, some 23 MVPD-distributed channels carrying the FOX brand in some way are now fully meshed into the Sinclair stable. This will, in the coming months, result in the shedding of any channel name tied to its former owner. Meanwhile, YouTube TV is dropping Sinclair's RSNs on Saturday.
Graham, WPLG Commit To Tackling Local Media ‘Misinformation Campaigns’
Graham Media Group and the Miami-based ABC affiliate presently managed by a Berkshire Hathaway company have launched a new initiative expressly created to combat what it believes are nothing short of "fake news" campaigns targeting local media. Here's what "Verified" is designed to do.
Discovery Shares Slump Following Q4 Results Release
Discovery Communications, by all accounts, had a solid fourth quarter. It's per-share earnings surpassed the Zacks Consensus Estimate by five cents, while also narrowly beating Zacks' Q4 revenue projection. That couldn't stop investors from selling the MVPD-heavy company's stock.
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Bloomberg Solidifies Its Status as Spot TV’s Spot Topper
The Mike Bloomberg for President campaign may not be leading in any national polls, nor has the former New York Mayor come close to winning a caucus or primary as of yet. That hasn't stopped the business media mogul from unleashing a barrage of advertisements that now includes a big spot radio buy, and a bigger spot TV campaign, the latest data from Media Monitors show.
The Top Questions To Ask Your Clients Today
Once you acquire a new customer, retention and account growth become the focus, says expert sales trainer Barrett Riddleberger. In this column, he shares "powerful customer questions" designed to be given to your sales reps today. Click here to see what he's talking about.
Pai and Smith: A Las Vegas Act At NAB Show
What the Chairman say to the former Senator? It's not a joke, with no punchline necessary. The Chairman of the FCC Chairman and the National Association of Broadcasters' President/CEO — former Oregon Senator Gordon Smith — will participate in a 2020 NAB Show keynote conversation at 9am Pacific on Monday, April 20.
Internet and digital news for the broadcasting industry.
Voice Dialogue Technology: An Instreamatic Ad To Yield More Ads
Did you know that there is a tool that allows both media companies and advertisers to measure, manage and monetize audio content through the use of new interactive voice technology, powered by artificial intelligence? Instreamatic has been offering such a voice dialogue marketing platform to radio, and an operator of radio stations in the Hoosier State believes it can benefit from the technology.
Dielectric Expands Powerlite Series to Address NextGen TV
Dielectric is giving its Powerlite brand for broadcasters a boost with new systems built specifically for NextGen TV, based on the ATSC 3.0 standard. It's doing so via the just-released Powerlite TFU-WB-LP Series, which addresses the unique requirements of ATSC 3.0 single-frequency networks (SFNs).
‘Listen Live’ Capability Comes to the ARC Platform
While mainly used for researching station data, Nielsen ratings, coverage maps and a full-service CRM, users of the ARC platform from Reatro Ventures can now live stream audio from any Triton Digital-powered station directly within the ARC platform.
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