What will emerge in mid-2022 as a new Discovery Inc., with WarnerMedia's assets merged into what will be a new company, is poised to surge past the company led by Bob Bakish and ultimately controlled by Shari Redstone and National Amusements, Inc. That's the big take of the big merger from S&P Global Market Intelligence's TV Networks research analyst.
At 7:30am Eastern Monday, the official word came from Dallas and from New York: Another blockbuster media merger had been consummated. Only this time, it involves two major players in a rapidly evolving MVPD arena seeking to remain as relevant in the connected TV world as it has been in the cable universe.
It's hardly a shocker: U.S. consumers who participated in a study for Publicis Media and Verizon Media want streaming options that are less costly. And, they'd not mind if commercial advertising be seen to offset a subscription.
The privately held company focused on superserving Spanish-speaking Hispanic consumers on Friday released its first quarter results. How did the company do in Q1? Adjusted EBITDA was up slightly, while its recently launched PrendeTV over-the-top offering is off to a roaring start.
As anticipated, the radio industry took "a very big hit "in 2020 due to the pandemic and subsequent cutbacks in overall spending activity. Over-the-air advertising revenues dropped to $9.7 billion, a 23.6 percent decline from $12.8 billion in 2019. That's according to the first quarter edition of BIA Advisory Services’ 2021 Investing In Radio Market Report.
Educational Media Foundation is primarily known as a buyer. Thus, it is rare when the owner of the KLOVE and Air1 Christian music networks decides to part ways with a property. That's just happened, in West Virginia.
The final FM properties placed in the Aloha Station Trust that's administered by former Backyard Broadcasting head Barry Drake are being removed from the trust. However, they're not being sold. Rather, these "Big" Dayton-market properties are being donated. Who's getting WRZX-FM & WYDB-FM?
Today we take a dip into the RBR+TVBR Mailbag, which includes a letter that was worth sharing with our readers. The topic: the lack of presets on a brand-new Sport Utility Vehicle's snazzy OEM in-dash entertainment system. According to this industry CEO, it's a problem. Is this leader overreacting?
The Local Radio Freedom Act (LRFA), which signals members of Congress's opposition to any potential legislation that imposes new performance royalties on broadcast radio stations for music airplay, now has 112 co-sponsors in the House and 14 in the Senate.
From "Friday Night '50s" to Classical music, 1990s club classics, Alternative rock or chat shows on top topics of the day, consumption to one of eight radio brands means you're supporting a British audio media giant that wants a greater stake in iHeartMedia. Here's a close-up look at how Global grew to a major U.K. AM, FM and digital player.
The last time ViacomCBS had anything to do with audio, CBS Radio was a part of CBS Corporation, and a reunification of CBS and Viacom hadn't yet been consummated. Guess what? ViacomCBS is talking audio. Only, the discussion is fully focused on podcasts. And, iHeartMedia is involved.
Warner Tillman is parting ways with an AM/FM combo that includes an FM translator and no less than four boosters designed to give that FM station coverage of Eastern Washington's largest metropolis.
Four years ago, 8 rack units brought to life the first ATSC 3.0 air chain. Then came a reduced footprint, in April 2019, followed by the 2020 arrival of the first 1-rack unit using a Blade server. Now, a cloud application on Amazon Web Services (AWS) today is in place for what powers NextGen TV.
With the May 17 pre-market confirmation that WarnerMedia and Discovery Inc. will merge via a tax-free Reverse Morris Trust-engineered merger, MoffettNathanson's two Senior Analysts believe that "the rationale for today’s monumental news that WarnerMedia will be merging with Discovery can be plainly found in our Q&As" offered at their event last week.
With pre-market trading not as harsh as post-market trading Thursday for Disney stock, investors may be looking beyond Disney+ OTT subscriber rolls and theme park attendance and revenue by looking at its Broadcast segment. There, the fiscal Q2 tale shows network growth on a balance beam with owned-station revenue slowdowns.
The latest Media Monitors Spot Ten Cable report shows a big decrease in the number of promotional spots for Discovery+, the OTT arm launched January 4. Is the coming tax-free merger between WarnerMedia and Discovery Inc. the reason, or a mere coincidence?
Amid the self-promotional announcements from iHeartMedia, including podcast pitches, there's a shining example of how a brand has taken to AM and FM radio and established itself as a top-of-mind job search source. Indeed, the use of spot radio is a success story worthy of sharing with CMOs across the U.S.
Radio Advertising Bureau (RAB), BMI and the Mentoring and Inspiring Women in Radio (MIW) Group will stage the 13th annual "Rising Through the Ranks" program virtually for 2021.
The NAB on Friday filed comments with the FCC regarding a proposal to extend the Emergency Alert System to the Internet — including through streaming services. Congress is requesting a study of the issue. But, the NAB cautions that updating EAS to enable internet alerts would be too complex, and likely infeasible, at this time.
Internet and digital news for the broadcasting industry.
Veritone says it has made "significant enhancements" to its cloud-native, AI-enabled media management platform, Veritone Digital Media Hub. Here’s why it matters: Remote collaboration, compatibility with existing applications and the ability to extract increased value from content will persist. New features are designed to meet these challenges.
A new DAVID IV 719N FM/HD Radio Broadcast Processor with Network Interface has been added to the lineup of tech products available from Inovonics. The company says it provides eased internet access for set-up, control, and increased networking capabilities to the DAVID IV 719 processor.