Music Modernization Act Sails Through Senate

The vote was unanimous and the bill now goes back to the House, despite the apparent best efforts of SiriusXM to scuttle it. Applause for the passage was widespread and it seems a formality that the bill will pass into law.

Should These Georgia DBS Subscribers Get Atlanta TV?

Should television viewers some 100 miles to the northeast of Atlanta that subscribe to DISH Network and AT&T's DirecTV be able to receive that market's TV stations? The government of rural Franklin County, Ga., says yes. That's why it filed a Petition for Modification of the Satellite Television Markets for four big Atlanta TV stations. On Monday, the Media Bureau rendered its decision.

National EAS and WEA Tests Postponed Until October 3

As RBR+TVBR's Monday headlines e-mail was being finalized, word arrived via Pillsbury Law communications attorney Scott Flick that FEMA and the FCC have agreed to postpone the National EAS and Wireless Emergency Alerts tests scheduled for Thursday. The ongoing response efforts to Hurricane Florence mean there's a small delay.

Gray’s Legacy Grows In Nebraska

In August 2014, then-FCC Chairman Tom Wheeler applauded a deal, crafted with the assistance of the MMTC, that saw Gray Television sell several stations to qualified minority and/or women-owned companies. One of these stations is now being reacquired by Gray, thanks to a loosening of local TV ownership rules carried out by the Republican-majority Commission under Chairman Ajit Pai.

Is Your Station’s Smartphone App Being Deleted?

So, that great new app that your station now has in the Apple App Store or Google Play download hub ... are your listeners downloading it? If they are, are they keeping it? A just-released report from mobile measurement company Adjust offers three data points to consider when "unmasking uninstalls." They could help your station in getting its app used, and not deleted.

Radio Industry Pauses To Remember Jeanette Tully

The CEO of the Aloha Station Trust and the recently formed Ocean Station Trust, a radio industry veteran who has worked at such companies as Harte-Hanks Communications and Entravision Communications, has passed away.

ATSC 3.0 Comes To Chicago, On A Full Power Station

The owner of the MeTV broadcast television network, in addition to four other digital multicast TV offerings and the "MeTV FM" Soft Oldies brand has just launched a next-generation broadcast TV station in the Windy City. The launch saw Weigel Broadcasting team up with six technology partners.
David Honig

MMTC Gives Affirmative Nod To Class C4 Plan

The Multicultural Media, Telecom & Internet Council (MMTC) has stated that it is in favor of a plan to bring a new class of FM radio stations to the dial across the U.S. Such a move, it has said, could benefit minority and female broadcast media ownership. The MMTC has now reaffirmed its views on a new "Class C4" radio broadcast class in reply comments submitted to the FCC.

Tribune Thumped With Putative Class Action Complaint

A private equity firm named The Arbitrage Event-Driven Fund on Monday filed a class action complaint with an Illinois federal district court against Tribune. A jury trial is being demanded. The charge? Tribune executives cost investors millions of dollars for failing to disclose Sinclair's ill-fated actions. 

‘Expanded Review’ Could See Entire Nielsen Sale

Nielsen has "expanded the scope" of a strategic review of its troubled Buy segment to include "a broad review of strategic alternatives" for the company and its businesses. The move comes after an activist shareholder's call for an outright sale of Nielsen, and a stock dip bringing Nielsen shares to levels not seen since summer 2012.

A Small Gain For CBS As Moody’s Speaks

With the exit of CEO Les Moonves amid new sexual misconduct allegations the talk of the business world, Moody's Investors Service chimed in with its take on what's in store for CBS Corporation and its stock holders.

Sunday Settlement For CBS: Moonves Out, NAI Litigation Ends

CBS's Board of Directors reached a settlement agreement with controlling shareholder National Amusements Inc. that ends pending litigation in a Delaware Chancery Court spurred by the efforts of CBS to dilute the voting power of NAI. Concurrently, CBS Chairman/CEO Les Moonves is out — and he and CBS are jointly making a multi-million dollar donation to groups tied to the #MeToo movement.

NAB To FCC: Don’t Modify The Diversity Incubator

A subgroup of members of the Advisory Committee on Diversity and Digital Empowerment (ACDDE) and/or the ACDDE's Broadcast Development Working Group want to modify a just-adopted FCC incubator program designed to establish greater broadcast media ownership diversity. The NAB has just told the Commission it opposes such efforts, urging it to move forward.
George Reed

Deal Berner: George Reed’s Radio Group Grows In Virginia

Just about a decade ago, a successful broadcast media broker made the leap into radio station ownership. His newly created company snagged four FMs, two AMs and two FM translators in a big college town. Now, the company has doubled in size -- and it is all thanks to a deal with Cumulus Media.

Why Does The SEC Object To An iHeart BK Court OK?

The U.S. Securities and Exchange Commission on Tuesday submitted an 11-page objection to the approval by a Houston Bankruptcy Court Judge of a disclosure statement relating to the "third amended joint Chapter 11" reorganization plan of iHeartMedia. Why is the SEC displeased with the court's decision? It's a bit complex, but it involves "an extensive list of non-debtor third parties."

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