It's a subject that's been discussed across Hollywood and Manhattan for weeks. And, with high-profile axes to prime-time scripted television programs at the network, it seemed only inevitable that a deal involving its sale would come sooner rather than later. As the week of August 15 began, rumors became reality as Nexstar Media Group entered into a definitive agreement to acquire a 75% ownership in The CW.
Gray Television's television stations serving Cleveland could be relocating their offices and studios to a brand-new broadcast center located 15 minutes to the south of its current downtown locale. If the relocation becomes a reality, The CW Network, CBS and Telemundo affiliates for Northern Ohio would take up residence in Independence, Ohio.
A low-power FM radio station serving tony communities in northern Palm Beach County, Fla., is on the hook for a hefty fine, courtesy of the FCC Enforcement Bureau. Why? It failed to operate the LPFM in accordance with FCC rules, and the Bureau's claims point to egregious violations.
Melissa Goodwin has been found guilty of embezzlement, shifting more than $3.7 million from the national cancer research organization to personal endeavors. In addition to a prison sentence, Goodwin has been ordered to pay it all back — plus interest — in restitution.
The COVID-19 pandemic hit Legal Services’ local advertising spend hard in 2020. According to BIA Advisory Services, a healthy rebound is underway in 2022, with local ad spend for the category projected to surpass its pre-pandemic 2019 level.
Jim Thompson, who fought a valiant struggle against throat cancer for nearly a year, passed away last night in Summit, N.J., at the age of 75, surrounded by his family.
On Thursday evening, another act of violence rocked Ciudad Juarez, Mexico. This time, four individuals associated with a radio broadcasting company serving listeners on both sides of the U.S.-Mexico border were killed.
On May 25, RBR+TVBR shared the story of Mario Rangel, a key employee at South Texas Radio and the chief of the Uvalde Volunteer Fire Department in Uvalde, Tex. Rangel had just departed the elementary school when a gunman entered and opened fire. His daughter was safe; 19 Robb Elementary students perished. One month later, economic challenges silenced South Texas Radio. Now, its stations have been sold.
The final results of a cash tender offer to purchase up to 1 million shares of its Class A common stock have been released by Emmis Corporation, the Indianapolis-based operation founded by Jeff Smulyan that is exiting radio station ownership to focus on other technology-driven endeavours.
The nation's No. 1 creator and distributor of audio content has joined Audacy Corp. in being bestowed with a noteworthy downgrade of its stock, as Goldman Sachs has just lowered its rating on IHRT.
The lobbying efforts to get the FCC to say yes to a proposed rule that would permit program origination on FM boosters — the lynchpin to GeoBroadcast Solutions' "ZoneCasting" technology — have reached new heights, as the National Association of Black-Owned Broadcasters (NABOB) offered its "broad and deep support" of the proposal directly to the Commission's Chairwoman.
It's a 1kw Class C AM from 1 tower located in a small town on the banks of the Blackwater River, just to the east of Pensacola, Fla. That's a geographical fact that some broadcasters may fret, as Milton, Fla., receives radio stations from not only Florida's westernmost city but also nearby Mobile, Ala. For one company, gaining ownership of the Milton AM is worthy of an investment.
What will the investment mean to America's largest owner of broadcast TV stations, from a housekeeping perspective? Nexstar EVP/CFO Lee Ann Gliha offered some thoughts, but due to a poor connection they were not clearly delivered. We've gotten a transcript of her comments, and the biggest takeaway is that assumption of The CW will be immediate and seamless for Nexstar.
She's a marketing executive at KABC-7 in Los Angeles and is described by Station Group President Chad Matthews as "an incredibly talented, creative executive who takes a strategic, thoughtful and collaborative approach to content creation and marketing strategies." Now, she'll hold the role of SVP of Content Development for ABC Owned Television Stations.
It's no secret to those closely following the Spot Ten Cable reports from Media Monitors that quick-service restaurant brands prefer to use Spot Cable over Spot Television when seeking to connect to consumers. For the week ending August 14, two QSR brands in particular were the strongest users of Spot Cable.
The global TV market is forecast to show signs of recovery in 2022 and beyond, thanks largely to improvements in the supply of large LCD panels — the primary obstacle manufacturers struggled with in 2021.
The Radio Advertising Bureau (RAB), in conjunction with BMI and Mentoring and Inspiring Women in Radio, is celebrating the successful completion of the 14th annual Rising Through the Ranks program. It began with a virtual session on August 2, and continued with in-person meetings on August 9-11 at the BMI Nashville office.
When it comes to the use of Spot Radio to connect with consumers, a trio of brands — each representing unique ad categories — have proven to be among the strongest seen across 2022 for AMs and FMs tracked by iHeartMedia-owned Media Monitors.
America’s Public Television Stations (APTS), the Corporation for Public Broadcasting (CPB) and the Public Broadcasting Service (PBS) submitted comments on Tuesday in response to the third Further Notice of Proposed Rulemaking on the state of the “Next Generation” broadcast television transition.
Internet and digital news for the broadcasting industry.
For drivers traversing the San Diego Freeway across the San Fernando Valley, the Anheuser-Busch plant on Roscoe Blvd. has become a familiar sight. Just south along Woodley Ave. is Van Nuys Airport and the Flyaway Bus Terminal. Amid all of this activity is the new West Coast outpost for a live event production tool manufacturer serving broadcasters from St. Petersburg, Fla.
One company is gearing up for IBC 2022 by preparing to show off the latest workflow advancements to its large-scale broadcast production platform, marketed as "System T." The Solid Stage Logic offering is designed for on-premises and remote audio production for news, sports and live production.
With strong momentum behind its efforts for open standards adoption in the broadcast industry, Macnica seeks to gain buzz for the release of new hardware and software demonstrations. This will be focused on SMPTE 2110 media streaming and the release of a new media streaming software development kit (SDK).