FOX’s Fiscal Q3 Results Strong Despite Super Absence
With comparable data to fiscal Q3 2020 difficult, as Fox today isn't the same company as it was at the start of last year, adjusted net income dipped to $523 million ($0.88), from $568 million ($0.93). What was the contribution of the Fox Television Stations to the mix?
Strong Core Ad Gains, RSN Fee Injection, Power Sinclair In Q1
"Results for the quarter were much better." That's perhaps an understatement from Sinclair Broadcast Group President/CEO Chris Ripley, who spoke at length during the company's Q1 2021 earnings call on Wednesday morning about just how strong Sinclair's performance was during the first three months of the year.
Cumulus In Q1: ‘Improved Operating Leverage in a Recovering Economy’
Cumulus head Mary Berner's upbeat words that began the company's Q1 2021 earnings call couldn't mask the financial realities faced in Q1 by the audio media company: tough comps and continued pandemic-related ad dollar dips led to a bumpy start to 2021 for the company. It could have been worse, and that's the key takeaway.
A Studio Dedicated To Streaming Content Comes To Telemundo
It is being described as "the first-ever studio in Hispanic media exclusively dedicated to serving the growing Latino streaming audiences in the US and around the world." And, it is the creation of NBCUniversal Telemundo Enterprises.
Univision’s Latest Intention: A Billion-Dollar Offering
On April 13, Grupo Televisa, S.A.B. and Univision Holdings shared for the first time that they plan to merge, with Miami-based Univision — thanks, in part, to Google — making the binational deal happen. Now, Univision is going to the bond market to finance the deal.
A Private Marketplace Comes To iHeartPodcast Network
The nation's largest owner of broadcast radio stations has flipped the switch on a "first-of-its-kind" Private Marketplace designed to provide advertisers with programmatic buying access to distribute their marketing to audiences across programs found on its podcast network.
Audacy Joins The NewFronts, and IAB’s Podcast Upfronts
For the first time, audio media company Audacy is taking part in the IAB NewFronts. Additionally, it will have a presence at the IAB Podcast Upfronts. At each event, the company formerly known as Entercom will preview the latest in digital content and podcast programming.
Beasley Stock Slumps Following Q1 Earnings Release
A wider net loss. Lower station operating income. Those are the key takeaways for Beasley Media Group, which released its Q1 2021 earnings results on Tuesday morning. Investors reacted by shedding shares in BBGI. As the final hour of trading began on Tuesday, Beasley's stock price was down by nearly 12%.
‘Radio In the Year of COVID’: An Advance Look
Thursday will see a half-dozen Q1 2021 earnings calls competing with Estrella Media's Upfront presentation and a webinar showcasing Edison Research's Moms and Media Study. In the middle of all of these noteworthy events is Jacobs Media's presentation of its Techsurvey 2021 results. We've got a smidge of the details prior to this May 6 online affair.
Delilah Buys A Radio Station. It’s Where It All Started
She rules evening radio — and has for decades — with her unique approach of uplifting the lives of listeners all across the country. Now, she's returning to where it all began ... sort of. Delilah is buying the Oregon radio station where she first took to the airwaves.
Radio’s Balancing Act: Reach vs. Localism
As you read this, our Editor-in-Chief's mother-in-law is driving from South Florida to New York, as thousands of Snowbirds do each Spring. In years past, she could be tuning to a multitude of radio stations in between CDs. Today? Nope. This begs the question if Radio is missing out by not courting highway travelers, as it desires to be more local than ever.
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LECOM Extends Reach with Route 6 Extension
In Northwest Pennsylvania and along Florida's Suncoast region, the Lake Erie College of Osteopathic Medicine has become known as a purveyor of commercial-free Oldies radio.
Now, it is bolstering up its on-air offerings in the Keystone State.
Online Gambling Ad Spend: Bolstering the Local TV Market
Taboo until a 2018 Supreme Court verdict, online sports betting isn’t technically a new ad category. But with just over two years of a track record, few would challenge its advertising status as a golden goose, especially within the local TV industry, Nielsen notes in a newly released study on how online gaming ads are boosting free-to-air television revenues.
A National Addressable TV Ad Execution Is Completed
Convergent TV advertising platform Beachfront has completed a national addressable TV ad execution with VIZIO that it says adheres to the technical specifications of Open Addressable Ready (OAR), the consortium founded by VIZIO to establish an open standard for addressable advertising on connected TVs.
Estrella Media, Google Ad Manager Team For Streaming Monetization
The Burbank, Calif.-based company calls the move "another important step" in its digital transformation and expansion of its content distribution in the streaming and digital universe.
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The 2021 U.S. Broadband Forecast: ‘Lifted by Rising Digital Home Profiles’
U.S. broadband providers are carrying considerable momentum out of the pandemic despite increased competition and impending service maturity with penetrations nearing 90% of occupied households. That's according to the updated forecast from Kagan.
Sinclair’s Plan to ‘Reinvent How Media Is Transacted’
A multi-year enterprise partnership agreement has been executed, one that will see Sinclair become the first local television broadcaster to consolidate all sellable assets across its platforms and markets into a single ad sales system, creating a unified brand experience for customers and sellers.
Canada’s First Self-Serve Ad Platform for TV, Digital Arrives
One of Canada's biggest communications companies has forged a strategic alliance with an advanced ad tech company designed to leverage its platform, enabling it to deliver "a proprietary omni-channel demand-side platform (DSP)" for advertisers.
Congress’ Newest Radio Performance Royalty Opposition Emerges
A bipartisan coalition of 77 members of the House of Representatives and eight Senators have joined together to introduce resolutions in both bodies of Congress that oppose "any new performance fee, tax, royalty, or other charge" on AM or FM radio in the U.S.
Internet and digital news for the broadcasting industry.
A Simplified New Transmitter Installation Option
Many high-power broadcast stations have few options for staying on the air while replacing a transmitter. Acrodyne Services, focused on transmitter installation and service, has developed the Mobile Acrodyne Transmitter (MAT) — a self-contained UHF transmitter housed in an enclosed trailer.
A New Western Region Sales Manager Arrives At Dielectric
Sinclair Broadcast Group-owned broadcast antenna and RF system subsidiary Dielectric has selected the individual who will succeed Steven Moreen. He's retiring, and will soon conclude a 52-year career in the broadcast industry.
TSG and Vislink Win ATSC 3.0 Upgrade for Alabama Public Television
Valued at approximately $2.8 million, the project will require an upgrade of 30 locations with bi-directional, high-speed IP components from Vislink Inc., which focuses on the collection, delivery, and management of high-quality live video and associated data.
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