Nexstar Media Group and Tribune Media are officially one. The companies completed their merger on Thursday, with closing announced following market close. Concurrently, TEGNA and The E.W. Scripps Co. each closed on their acquisitions of Nexstar spinoffs resulting from the deal.
OK, that annoying commercial is on again and you're changing the station to something else. But, what if the spot you're hearing is entertaining and informative? A New York-based "crowd-sourced writing solutions company" born out of Comedywire might be to thank. Companies including iHeartMedia and Nexstar Media Group are already believers.
Author and veteran political consultant and commentator Dick Morris is joining the lineup at Forecast 2020 — Radio's Financial Summit. He'll deliver a special address focused on the 2020 presidential election, and if reelection of the president is a lock or a Democrat can take the White House.
With the new fall season about to start and excitement about ATSC 3.0’s future possibilities – including addressable advertising – there are many who believe broadcast television stands on the precipice of a grand transition. It’s a shift that begins, as Steve Lanzano sees it, with a wholesale shift in how TV is measured.
The local commercial broadcast television and radio industry generates $1.17 trillion of GDP and 2.47 million jobs through direct and stimulative effect on the American economy, according to new data compiled by Woods & Poole Economics with support from BIA Advisory Services.
In June, Cumulus Media sold $500 million in senior secured first-lien notes due 2026. Net proceeds of the offering were used to partially repay Cumulus’ indebtedness under its senior secured term loan facility. Now, Cumulus is at it again, with a new term loan in the works.
The integration, Pittsburgh-based Matrix says, provides "enhanced connectivity" between Matrix’s media-focused Monarch ad sales platform and vCreative’s software, enabling users to seamlessly extend their workflow capabilities.
For the TV industry, Upfront season begins a month before Summer. For radio industry player Skyview Networks, it is set to come right after the start of autumn. An October 3 event in New York promises potential advertisers a content preview, celebs, and a private concert.
With its stock price hovering at close to $2 after a late-August fall to below $1.50, Salem Media Group has been struggling to recover from not only a fresh five-year low but its lowest closing prices in a decade. Now, the company is shrinking its board to reduce costs.
Trine University, a private post-secondary institution located in Angola, Ind., has become the latest school to give up its radio station and shift to internet-only delivery of its student-run radio station. Who's the buyer?
In a just-released report, BIA Advisory Services asks if AT&T will reshape the media market in the U.S. for millions of subscribers to its cable services. The report's timing is serendipitous — The Wall Street Journal suggests it is willing to spin off DirecTV.
For more than 18 years, Mike Lewis has been a sales leader at some of Fox Television Stations' biggest O&Os, including WTTG-5 in Washington. Now, he's being rewarded for his accomplishments by being handed the VP/GM reins of its two stations in Charlotte.
How much faith does The E.W. Scripps Co.-owned Katz Networks have for its recently launched reboot of Court TV, this time as a digital multicast offering, on over-the-air broadcast television? It's just rebranded a network targeting women ages 25-54 by incorporating the Court TV name.
A self-described "pioneer in driving the evolution of radio" has unveiled “ad sync” technology that allows broadcasters to pair client logos and custom text with their over-the-air advertisements on HD Radio receivers.
Based on its analysis of media owner’s financial reports, MAGNA has determined that the U.S. net advertising revenues grew by 7.6% in the first half of 2019, to $107 billion — accelerating further on an already strong market in 2018. The growth was fueled, MAGNA says, by tech spend. Local TV is struggling.
If the media buyer or planner your company works with lacks access to all the data needed to create actionable insights, they’re not alone. According to a new report from Kantar, only 8% of marketers think they have all the data they need. It's a top takeaway from "Getting Media Right: Marketing in Motion."
An Oklahoma multimedia company that in 2018 acquired five radio stations in Tulsa from The E.W. Scripps Co. is planning a grand opening celebration of a Washington, D.C., bureau that will produce content specifically for those back home in the Sooner state.
Internet and digital news for the broadcasting industry.
So, you're in yet another hotel room that lacks an AM/FM radio? Hilton has an app for that, allowing guests to listen to any iHeartRadio station, in addition to podcasts and playlists.
Just in time for the 2019 Radio Show in Dallas: a new FM audio processor "built from the ground up based on several new breakthrough technologies, including a new approach to dynamics control and pre-emphasis management."
For the first time, newsrooms and content producers have access to a tool allowing them to collaboratively edit, verify and share accurate coverage of breaking news and live events virtually as they happen.