TEGNA Confirms Apollo Contact, Following Standard Snatch
Ten minutes before Friday's Closing Bell on Wall Street, The Wall Street Journal published a report that the entity that did a private buyout of Cox Media Group and Northwest Broadcasting approached TEGNA about a possible sale. The company just confirmed this.
More Bad News For Comscore: Layoffs
The biggest news from Comscore on Tuesday wasn't distributed by a press release, but was instead revealed in a SEC filing. Job losses are on the way at the fiscally challenged cross-platform measurement firm, which announced a new offering within its suite of Marketing Impact products.
‘Netflix Shares Aren’t Recession-Proof.’ Investors Agree
What if a recession were to engulf the U.S. by the end of 2020? According to Nomura Instinet analysts, companies such as Amazon, Facebook and Alphabet will be just fine. But, that's not what they're saying about Netflix. Investors reacted by selling off NFLX shares.
Why TV Still Matters in the Age of Netflix
In some corners of the marketing and advertising world, fueled by digital and social media workhorses, there is still debate as to whether TV is "dead." An Analytic Partners SVP says it's far from comatose and remains a highly valuable place for marketers to place their content.
Greywolf Grabs A Chunk of Cumulus Stock
Back in September 2016, as Cumulus prepared for a 1-for-8 reverse stock split, "Greywolf Event Driven Master Fund" was shown as holding 5.5% of the company’s shares. The wolf is howling again, and this time the registered investment adviser is taking another bite of Cumulus stock.
Borrell: Radio’s Digital Ad Discovery Tempers ‘Tepid’ Growth
Borrell Associates has readjusted several of its 2019 local advertising projections and the biggest change involves Addressable Digital Revenue. Growth isn't as fast as initially anticipated, Borrell notes. But, a big positive statement was made about Radio's internet ad revenue.
Sirius XM Targets Students With Steep Discount Offer
The satellite radio service on Wednesday unveiled a new subscription package built for college students that slashes its monthly fee to a third of the cost of the Sunday edition of The New York Times.
It’s ‘National Radio Day.’ Here’s Why America Should Care
According to the statisticians at National Day Calendar, August 20 is, in fact, National Radio Day. The fact that it took a Tweet from Fred Jacobs for us to know this is yet another pathetic F on the Radio Industry Report Card.
A Salute To A Longtime Lone Star Voice
On this National Radio Day, we turn to a city to the north of Houston, where a woman heard each midday on a Country station is being saluted for her 68 years on the air. When she's not behind the mic, this 2010 Texas Radio Hall of Fame inductee serves as a station AE.
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Audiotraxx Earns Its First Broadcast Property
Audiotraxx is a 50/50 partnership based in Wilmington, N.C., led by Glasgow Hicks III and Jeffrey Allen Jones. In a deal agreed upon August 1 and filed Thursday with the FCC, it is getting its very first radio station.
‘A View of the Media Ecosystem: What Happens Now?’
What challenges face programmers, cable operators, and new entrants as they navigate the rapid changes in consumer media consumption habits? The Managing Director and Senior Equity Analyst at Wolfe Research will address this question at a Media Outlook 2020 keynote.
Comcast: A ‘Diversity Champion’ In 2019
"The entertainment and telecommunication industry’s leading national foundation dedicated to advocacy around diversity, equity and inclusion" has selected one of its two presenting sponsors as its recipient of its annual Diversity Champion Award.
Study: Black Viewers Crave More TV Content Diversity
Despite strides made around diversity in media in recent years, representation of Blacks in media has a long way to go on television. That's the key takeaway from the just-released FOCUS Black media landscape report from Horowitz Research.
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Retail Is Dead? Tell That To Target
Here's a bit of news that should energize every broadcast media sales executive in America: Target Corp. hit it out of the ballpark in the second quarter, with strong earnings and an improved outlook for the second half of 2019. Investors cheered, sending Target up nearly 21%.
What Local Ad Buyers Love, And Dislike
"Love it or hate it, this is the chart that gets the most attention every year," says noted local advertising analyst Gordon Borrell. "It's basically a barometer indicating where it's going to be sunny, cloudy, or stormy in the local advertising world."
A ‘Comprehensive Data Marketplace for Connected TV’ Arrives
Global digital advertising technology company Amobee has launched what it calls "a comprehensive data marketplace for connected TV advertising, providing brands and agencies with access to a vast library of data for activation across connected TV and converged cross-screen campaigns."
Saving Lives, One Radio Spot At A Time
With kids starting to return to school across the U.S. ahead of the Labor Day holiday, the National Highway Traffic Safety Administration has turned to broadcast radio to get the word out on the top tips one should heed when hitting the road and staying out of trouble.
Internet and digital news for the broadcasting industry.
New Monetization, Visualization, Social Media Innovations for Radio
StreamGuys is heading to the IBC2019 exhibition in Amsterdam with new features in its SGrecast live stream repurposing and podcast management system, designed to help radio broadcasters and podcasters maximize the monetization of their content and better engage their audiences.
The Asian American Tide Toward Streaming Video
Consumers are shifting to streaming both short-form and long-form video. Broadcasters will need to stay ahead of these trends. One solution for a TV station owner may lie in understanding how Asian Americans watch television. Simply put, they are leading the streaming wave.
A New World of Body-Worn Mics
Point Source Audio (PSA), manufacturer of specialty sub-miniature body-worn style microphones, has launched Mic Finder, an interactive web-based tool designed to help sound teams—from TV to theater—pinpoint specific mic elements and mic styles.
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