FCC Commissioners Approve FM Directional Antenna NPRM

It's a big victory at the Commission for Sinclair Broadcast Group-owned Dielectric, which in mid-September 2021 shared for the first time how the company literally changed how FM broadcast antenna manufacturers validate directional pattern studies.

A Centennial Celebration Comes To WGN Radio

Today led by Sean Compton, WGN-AM in Chicago is getting a big 100th birthday celebration on Thursday. Here's what is in store for the radio station reinvigorated by Compton under Nexstar Media Group ownership.

‘Franken FM’ Proposal Placed On FCC June Meeting Agenda

With the digital transition, the audio long heard at 87.7 on the FM dial disappeared. But, some licensees sought permission to continue the audio on FM as an "ancillary or supplementary services." Now, whether or not that should be permanent will be put to the test of the Commissioners of the FCC.
Warren Buffett

Buffett Gives Paramount Shares a Bump With Big Buy

Paramount Global, the company formerly known as ViacomCBS and under the majority control of Shari Redstone-led National Amusements, Inc., has a big new investor. That excited others, who also snapped up PARA shares in Tuesday's trading on Wall Street. Who's the big new stakeholder? It's someone who controls the ABC affiliate serving Miami-Fort Lauderdale, Key West and the Bahamas.

TEGNA Shareholders Say Yes to Soo Kim

It's official: An affiliate of Soo Kim-led Standard General LP has received the approval of TEGNA shareholders to move forward with its acquisition of the broadcast TV station owner. 

Radio Fuels Big Gains In Q1 For SBS As Net Loss Shrinks

On April 13, Spanish Broadcasting System (SBS) became the last of just about any publicly traded company to share its fourth quarter 2021 results. Now, it's moving forward with the release of its first quarter 2022 fiscal report card.

The ‘State of Audio,’ As Audacy Sees It

What are the trends for radio's listeners, creators and advertisers, all playing their part in "revolutionizing" audio? Audacy Corp. has its view, and the second installment of its twice-yearly State of Audio e-book explores the "disruptors."
The NextGenTV team sets up its booth at the Las Vegas Convention Center for CES 2022

A New Paging System for First Responders, Powered by Next Gen TV

A public safety community initiative is developing a new statewide paging system for first responders in North Carolina using Next Gen TV. The new system, leaders say, could be replicated across the nation to replace the conventional 70-year-old paging technology still widely in use.

A New Era For WRR Could Come In Weeks

The "Friends of WRR" group warned Dallas-Fort Worth listeners of the 100-year-old Classical radio station some 10 months ago that its future was uncertain. Now, management of the station is poised to be handed to the licensee in control of the market's leading PBS Member station, its key NPR Member station, and a Adult Alternative noncomm created in 2009.

‘Go-Shop’ Period Ends For Nielsen. What’s Next?

"After a thorough effort aimed at exploring whether a higher and better offer for Nielsen could be obtained," Nielsen's Board "confirmed its view" that an acquisition proposal from a consortium led by an affiliate of Elliott Investment Management "represents an attractive outcome" for its shareholders "by providing a cash purchase at a substantial premium."

Gray Wins An Upgrade For A CBS Affiliate

The CBS affiliate for the Weston/Clarksburg/Fairmont, W. Va., is getting an upgraded facility, some nine weeks after the station's owner filed a Petition for Rulemaking with the FCC seeking its OK for the shift. It's another VHF-to-UHF victory for Gray Television.

Is Cumulus A Good Value Stock Today?

Wall Street is withering, with Starbucks shares sliding to under $70 per share despite it going ex-dividend on Thursday. Could this present opportunity for investors to get in while the valuations are beneficial to a company such as Cumulus Media? That's what Zacks Equity Research wonders.

Gray Gets FCC OK For A Wichita Upgrade

In the Kansas city of Wichita, Gray Television owns the market's CBS affiliate, KWCH-12, and the CW Network affiliate, KSCW-33. Until now, KSCW has used VHF channel 12 for its digital signal. This led Gray to ask the FCC if it could move KSCW to a UHF channel, thus improving market coverage. The Media Bureau, on delegated authority, just said yes.
The main gate to Walt Disney World in Florida

A DTC Income Dip Dings Disney in Fiscal Q2

The Walt Disney Co. at Wednesday's Closing Bell on Wall Street released its fiscal Q2 2022 financial report. And, while revenue climbed by 23%, net income and Earnings Per Share for its continuing operations sank by 48%. Don't look to the theme parks for reasons as to why this transpired.
The Phoenix sign as seen from Usery Mountain in Mesa, Ariz.

Townsquare Interactive’s West Coast Expansion: It’s Not California

Townsquare Media has been teasing the opening of a West Coast office for its Townsquare Interactive digital marketing unit for months. An opening of this office is on track for the "back half of this year," CEO Bill Wilson says. But, it's not located in the Golden State, which one analyst assumed was where Townsquare would plant stakes. Rather, it's in the Valley of the Sun.