A lengthy battle over carriage fees between Estrella TV parent Liberman Broadcasting and Comcast, which led to calls of discrimination against Liberman by the MVPD giant, will now involve one less market. One of the three stations the parties quarreled over has just been sold — and guess who the buyer is.
In a 107-page document submitted Thursday with the Houston-based U.S. Bankruptcy Court considering its Chapter 11 restructuring petition, iHeartMedia revealed that the John Malone-led Liberty Media Corp. has withdrawn its offer to obtain a 40% equity interest in the company. But, iHeart is open to renewed talks and is chatting with other entities.
Tuesday, June 19, 2018 will be a memorable day for many iHeart C-Suiters. In a Houston federal bankruptcy court, a judge approved the company's incentive plans for its "insiders." Thousands of miles away in the south of France, many of these insiders were partying with Jon Bon Jovi at a VIP dinner with top decision makers at Google, AT&T, Unilever, Facebook, DDB Worldwide, and Hulu.
It was what FCC Chairman Ajit Pai didn't say in a blog post detailing the Commission's July Open Meeting agenda that perhaps said more than what will actually be up for discussion on Thursday, July 12. Any debate and chat on the loosening of the FCC's national TV audience reach cap, or radio's ownership subcaps, won't come until at least August.
In late May, RBR+TVBR Editor-in-Chief Adam R Jacobson took notice of a report from eMarketer with the alarming-to-radio headline "Young, in Debt, and (Maybe) Holding Back on Purchases." Today, the Los Angeles Times offered its readers a Bloomberg report largely echoing this statement. If that's the case, why are so many radio stations chasing listeners that have no money to spend, when few are targeting their parents?
Here's a fact that caught Simply Wall St. contributor Alexis Guardo's attention: Beasley led the NasdaqGM gainers with "a relatively large price hike in the past couple of weeks." Beasley, she adds, is a "small cap stock, hardly covered by any analysts." As such, she believes, there is "generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value." Is there still an opportunity here to buy?
Inland from the beautiful city of Savannah, Ga., is a Class C3 25kw facility that offers Talk programming from syndicated sources including Westwood One. A deal has been struck that involves the sale of this facility. When the transaction's done, the Talk will stop — and Christian Contemporary music will fill the airwaves.
In March 2016, John R. Brooks and Erwin Krasnow penned a Media Information Bureau column that deviated from their common topic of how to find a lender, or ways to work with your lender in tough times. How should a broadcast media owner act if the lender-borrower relationship has failed? Examples of what not to do can be found here, in this encore presentation.
The three-hour event is designed to provide experienced professionals and entry-level job seekers with the opportunity to network with representatives from leading radio companies. Employment opportunities include radio sales, technology, management and on-air positions, among others.
In a pair of transactions that saw Greg Guy of Patrick Communications serve as the broker, HC2 Holdings Inc. has completed its acquisition of a LPTV serving one of America's biggest DMAs. At the same time, a leading religious broadcaster has closed on the purchase of two big-market LPTVs.
They love avocado toast and The Museum of Ice Cream. Marketers can't stop targeting them. And, new research from Parks Associates shows, they really, really need an over-the-top (OTT) video service in their domicile. They're millennials, and they very much will pay for Netflix, Amazon Video and/or Hulu.
Since 2001, a low-powered television station with studios and operations in Rocky Mount, N.C., has provided a local voice to Edgecombe, Nash and Wilson Counties. This includes an affiliation with the Youtoo America network, and a local newscast. Now, this LPTV is being sold to a local media group.
While the American Cable Association "appreciates the progress" the FCC has made to reduce the gap in regulatory fees paid by cable/IPTV providers and DBS providers, it believes that it's now time for the Commission to complete its incremental phase-in of DBS fee increases — "to ensure a level playing field."
If you have sales reps who claim to have a "hot prospect," only to find that the buyer can't or won't buy, this column is just for you. In this latest Media Information Bureau installment from expert sales trainer Barrett Riddleberger, five questions that you should ask your salespeople about each new opportunity are discussed and explained. It's great learning for your sales team!
A digital audio advertising platform connecting national, regional and local advertisers to a potentially global audience will soon have much closer access to important decision-makers from Santa Monica to beautiful downtown Burbank. At the same time, it also hopes to be a key player in bridging the gap between brands and multicultural consumers across the U.S.
There is lots of movement in the latest Media Monitors Spot Ten TV report, which puts a formidable health and beauty brand at No. 1. Meanwhile, two automotive dealer associations revved up their engines in the week leading up to Father's Day. Want to know all of the details?
The FCC on Thursday released a 38-page fact sheet that outlines some of its proposed changes for the FCC's Children's TV programming rules. Among the suggested changes: Core Programming should be at least 30 minutes in length, and regularly scheduled weekly programming can be eliminated. Further, an annual filing of FCC Form 398, rather than quarterly, is proposed.
Internet and digital news for the broadcasting industry.
Internet radio broadcast solutions provider Spacial Audio, acquired in 2009 by Triton Digital, has formally launched its SAM Broadcaster Cloud mobile app for both iOS and Android mobile devices. This enables broadcasters using the SAM Broadcaster Cloud to monitor and execute all aspects of station operations from their mobile device.
Five key executive-level management positions aimed at "maintaining aggressive global revenue growth and profitability" have been solidified at a company that has taken an aggressive role for both radio and TV in the post-spectrum auction repack process.