HC2 Wants to Refinance ‘Substantially All’ Debt

HC2 Holdings Inc., the owner of low-power TV stations across the U.S. formerly led by Philip Falcone, confirmed Friday (1/22) that it is seeking to refinance all of its existing 11.500% senior secured notes due 2021 and a portion of existing 7.5% convertible senior notes due 2022.
Rob Rohr

Apollo-Controlled CMG Caught In a Small MVPD Retrans War

Despite what station management led by Rob Rohr (pictured) calls its "best efforts," the dominant TV station serving Ohio's Miami Valley was "blacked out" by a small MVPD serving a county due north of metropolitan Dayton. There's a lot more to the story, as the county impacted is the subject of a 2018 FCC action that amended the market for this Dayton TV station.

Locast Rolls Into Two More SE Markets

The controversial donation-based broadcast TV service provider that says it is a non-profit — thus avoiding retransmission consent negotiations — has debuted in two more markets in the U.S. Southeast. One is a major banking hub and home to Bank of America. The other is home to the nation's biggest collection of theme parks.
Acting FCC Commissioner Jessica Rosenworcel

To Little Surprise, Rosenworcel Is Now Acting FCC Chair

With the November 2016 election and subsequent transition to Republican leadership at the FCC, Jessica Rosenworcel became a political pawn. She left on Inauguration Day 2017, unable to secure a re-nomination — only to return six months later thanks to President Trump. Now, he's indirectly responsible for her ascension to interim FCC leader.
Gordon Smith

NAB Unveils Policy Agenda for 117th Congress

What are the most important policy issues facing local television and radio stations during the 117th congress that the NAB will be advocating to policymakers and Members of Congress? That was distributed on Thursday, one day after Joe Biden was sworn in as President of the United States.

Three Ways COVID-19 Changed Listening Patterns

Radio audiences are growing, and they’re as engaged as ever. But, they’re also listening in new ways. Audio streaming services like Spotify and Pandora had already sparked a shift toward digital and on-demand audio. Yet as more tune in using smart speakers or mobile devices, digital platforms are becoming increasingly important for broadcasters.
The KELE-AM & FM studios, in Mountain Grove, Mo.

Fred Dockins Scores Two Joyful Deals

In July 2009, Fred Dockins expanded his media holdings in a significant way. With one Florida FM in his possession, he moved forward with the acquisition of a five-station group in rural southeast Missouri from Randolph Miller's Southern Star Broadcasting. Now, Dockins is adding to his Show-Me State holdings, and it's thanks to a "joyful" deal.

Beasley Prices Upsized Notes Offering

Beasley expects to use the net proceeds of this offering to repay in full existing indebtedness under the company’s senior secured credit facilities and certain other indebtedness, with remaining proceeds to be added to the Issuer’s balance sheet and used for general corporate purposes.

Final Station Spun From Elliot Evers-Led Trust

In March 2018, four stations divested by Cumulus Media in order to emerge from Chapter 11 were placed in a trust headed by Elliot Evers, of MVP Capital in San Francisco. One property was removed from the group, as Cumulus turned in the license for another facility in the impacted market. In 2019, two of the stations were sold. Now, the last one is being dealt.

New Data On Smart Speaker Consumption Confirms Big Growth

New research from Triton Digital shows that smart speaker growth with respect to AM/FM radio station streaming consumption is growing at a healthy clip. At the same time, the smartphone remains flat. Still, mobile consumption remains higher than that of a smart speaker — for now.
Marty Greenberg, pictured with his granddaughters

Famed ABC, WLS Leader of the ’70s Loses Cancer Battle

He became a renowned radio industry figure for serving as Station Manager at one of America's most-listened-to Top 40 stations of the 1970s. Now, media executives across the U.S. are paying tribute to this Windy City legend, who has died of pancreatic cancer.

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WBYS-AM hosts recently shown on the air.

Spoon River Slurps Up An Iliana AM, With A Translator

In May 2018, a group led by Fletcher Ford agreed to purchase an AM in Canton, Ill., and its FM translator as part of a deal for a Class B FM. It's a facility, now owned by another licensee, that was owned for 46 years by the late Charles E. Wright Jr., who passed away in January 2012 and had sold the facility in 1999. Now, this AM is on the move again.

Is Broadcast TV Losing the Content War to ‘SVOD’?

As summer turned to autumn and fall turned to winter, Americans once again found themselves in front of their screens with few linear options — aside from live news and sports. In contrast, Nathanson says, consumers had access to "an unlimited bouquet of increasingly excellent streaming content choices." Is broadcast TV losing the content war to "SVOD"?
FCC Commissioner Nathan Simington

Simington’s Polka Party: ACA Connects Chats Up Retrans, TV Mergers

One week ago, the nation's chief lobbying group representing small, and small market, MVPDs held court with the office of the newest FCC Commissioner. What did ACA Connects discuss with representatives from Nathan Simington's office? Consolidation in the broadcast television industry and retransmission consent matters.

FCC Modifies SFN Rules to Benefit of Low-Power TV

In one of the final acts of the Pai Commission, the FCC on Tuesday adopted a Report and Order modifying technical rules to promote the expanded use of distributed transmission systems, or single frequency networks (SFNs), by broadcast television stations.

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TargetSpot

Tru Optik and Targetspot Partner Up

Tru Optik's data management platform will be integrated into Targetspot's tech stack, available starting February 2021. Here are all of the details.

Second Street Gets Purchased. It’s an Upland Move

In August 2017, a provider of private-label online audience engagement and interactive content platforms purchased a data-driven email marketing software and consulting business focused on the collection and use of first party data for the media industry founded by Ruth Presslaff. Now the company that acquired Presslaff Interactive Revenue is itself in play.
Discovery+ logo

Discovery+ Marketing Blitz Continues At Spot Cable

On January 4, 2021, the newest entrant in the ever-expanding OTT universe bowed. It's Discovery+, from Discovery, and the promotional thrust of its rollout has been focused on, ironically, drawing consumers from MVPDs. A marketing blitz is underway for Discovery+, and it is nearly exclusive to cable TV.

House E&C Committee Organizational Meeting Confirmed

During the meeting, the Energy and Commerce Committee will adopt the Committee Rules and its six standing subcommittees, as well as announce subcommittee chairs, ranking members, and members.

Internet and digital news for the broadcasting industry.

This Ross Webinar Is All About Audio, With Orban and Nielsen

Ross Video will host a Webinar on Tuesday which will talk about new software-based audio solutions for broadcasters. Orban and Nielsen partnered with Ross to add specific elements to this platform that bring a new set of tools to radio broadcasters. 
Anne Schelle, Managing Director of Pearl TV

Pearl TV Members Cheer FCC’s DTS Decision

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. 

Triton Casts A Spell On Kast Media

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.
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