It's been a tough month for Hispanic-focused media company Entravision. Its stock is at levels not seen since September 2014. Its CEO acknowledged that Q1 was "a difficult quarter." Now comes word that the company’s independent registered public accounting firm has been dismissed.
A war between CBS Corp. and the Shari Redstone-controlled National Amusements Inc. is on. In a vote held Thursday afternoon in defiance of an attempt by NAI to weaken and/or negate its outcome, CBS Corp.'s Board of Directors voted 11-3 to dilute NAI's voting interest from approximately 79% to approximately 20%.
In early April, RBR+TVBR reported on an effort by Gray Television launched in January to get DirecTV and DISH Network to add a CBS affiliate serving eastern Kentucky. At the time, more than 2,200 filings were made in response to Gray's FCC petition. The Commission on Wednesday ruled on the matter.
With iHeartMedia seeking to emerge from Chapter 11 bankruptcy protection, a quarterly conference call with investors was not expected. A glimpse of how the company did in Q1 was, and iHeart delivered ... via a hard-to-find SEC filing that had many of the details. A mixed financial performance is expected.
In 2011, Joe Reilly concluded a remarkable 31-year run as the New York State Broadcasters Association (NYSBA)'s first and only leader. He wasn't ready for retirement and started a radio company. Today, it no longer has the FM it started with, and its remaining stations went dark on Sunday.
Townsquare Media on Monday held its 2018 annual shareholders meeting, at which a vote on the reelection of three board of directors was held. Were there any surprises? It depends on how you the view the millions of dissenting votes.
It may be classified as an Informal Objection, but if you're awaiting FCC approval on a pending translator application, Commission affirmation make take a little longer -- or be thwarted altogether. Nearly 1,000 FM translators are at stake, with opposition coming from groups that are against commercial licensee growth.
Westwood One, the national radio arm of Cumulus Media, is urging every major commercial broadcast radio station to register their existing C Band downlinks with the FCC. Why? We've got the answer.
The long-running and oftentimes bitter battle between syndicated Urban radio personality Michael Baisden and former distribution and production partner Cumulus Media has officially ended — sort of. The bankruptcy judge overseeing Cumulus' Chapter 11 reorganization plan is taking formal objections to a settlement he's agreed to sign in early June.
A quartet of non-commercial "educational" radio stations in Maine have just been sold to a religious broadcasting operation responsible for some very "relevant radio" across the U.S. It's the lone new deal up for discussion in the Weekend Edition of TRANSACTIONS TODAY, which also sees a closing in the Midwest featuring Jason James of Patrick Communications as the broker.
One Republican FCC Commissioner has a thing or to to say about the legion of detractors who oppose Sinclair Broadcast Group's merger with Tribune Media -- triggered by the restoration of the "UHF discount" ahead of a wholesale review by the Commission of its ownership caps. Michael O'Rielly put his words to paper -- or blog, as is more customary in 2018.
Here's the good news for traditional cable TV service providers: Traditional MVPD losses in Q1 showed "modest improvement" over the same period in 2017. But, that's no cue for joyous dancing for the MVPDs of the U.S., says S&P Global Market Intelligence.
How does Meredith Corp. feels about the legacy of Time Inc., now that it owns and has integrated all of the brands associated with the once-mighty publishing company? A Thursday rebranding of Time Inc. Productions clearly answers that question.
For those media executives who were worried about advertising trends in 2017 and in 2018, you may not yet breathe a sigh of relief. The "Wordsmith of Wall Street," Pivotal Research Group's Brian Wieser, says things are on pace for a 2018 that's growing faster than previously expected -- continuing the unexpected strength seen last year for ad dollars. Is TV left out of the growth?
What is being hailed as "the first fully-digital attribution service for broadcast radio that will transform the way advertisers plan, buy and measure their audio campaigns to better optimize the unparalleled reach of radio" has been launched by the nation's No. 1 radio broadcasting company.
The Scottsdale, Ariz.-based broadcast technology and national sales solutions company providing services to ABC Radio, CBS News Radio, professional and collegiate sports organizations and two state news networks has added a pair of Network Audio Sales Managers to its ranks.
Many sellers underestimate how much they will need post-exit and overestimate the company’s value. In this third Deal Killers Podcast, Community Broadcasters COO Bruce Mittman, President/CEO Jim Leven and Controller Peter Henderson share their thoughts on the important topic of "unclear post-closing goals." It's another RBR+TVBR member exclusive!
Internet and digital news for the broadcasting industry.
On Feb. 13, one of the world’s top spoken word audio on-demand platforms made a major play for one of the globe’s biggest streaming audio providers: Audioboom offered to purchase Triton Digital for $185 million in an all-cash deal. Three months later, the transaction has been cancelled.
Now available from HARMAN Professional Solutions: the Studer Vista 5 Black Edition console. It is available in 22, 32 and 44 fader sizes, and supports an optional TFT meter bridge.