Investors seem pleased that Viacom pay-TV channels such as Nickelodeon, BET, Comedy Central and MTV won't be yanked from Charter Communications Spectrum systems across the U.S. The company's stock finished Monday in positive territory, after losing ground in midday trading.
That's the assessment from Barton Crockett, a senior analyst at FBR Capital Markets & Co. In an appearance Friday (10/13) on CNBC's Power Lunch, Crockett pointed his attention at the Mouse House -- suggesting its the company that can put a brighter spotlight on broadcast media. He also believes M&A activity could help the sector, and believes there is one company that looks great for an internet giant's acquisition. It's the company that is spinning off its radio stations to Entercom Communications.
From broadcast TV companies seeking to bring their video programming to hand-held devices to radio broadcasting companies pushing for FM chip activation across all smartphones, sales trends for cellular devices are vitally important for the roll-out and implementation of mobile-first plans designed to retain and capture consumers. That's why it should be highly noteworthy that, for the three months ending August 31, Samsung's U.S. sales lead over Apple has all but evaporated.
It's a good week to be a member of iHeartMedia's team of corporate counsel. On Thursday, the Delaware state Supreme Court declined to bring back a derivative claim from a disgruntled investor who argued that the directors of iHeart subsidiary Clear Channel Outdoor Holdings breached their duty by failing to request a repayment of $1 billion from iHeart. This affirms a November 2016 ruling against GAMCO.
Doug Ferber of DEFcom Advisors LLC and Erwin Krasnow of Garvey Schubert Barer have created a special podcast series exclusively for RBR+TVBR members based on a series of articles centered on the topic “Broadcast Deal Myths Debunked.” In this sixth podcast installment, Ferber and Krasnow discuss what happens behind the mic, and in the offices and hallways of a broadcast station. Is a station's culture "perishable"? It's a hot topic, and Krasnow has some answers you may want to know.
She's back ... and she's got some words for her Republican colleagues at the FCC. Democratic Commissioner Jessica Rosenworcel spoke out against several GOP-pushed items the Commission seeks, or has already done. She offered comments on Net Neutrality; Next Gen TV, which the NAB was swift to respond to; and the restoration of the "UHF Discount" in the context of Sinclair Broadcast Group's proposed merger with Tribune Media.
The final results from Borrell Associates' 2017 local advertiser study are in, and some 3,551 local advertisers chimed in regarding their thoughts and plans on advertising ROI, marketing goals, and which medium works best to accomplish those goals.
There are plenty of vocal Wall Street soothsayers and media ecologist clairvoyants out there, presenting their forecasts on what your business climate will likely be like for the next 12 months. The latest prognostication comes from Noble Capital Markets, which has a good report card for radio while giving broadcast TV a rotten egg.
The holiday gift-giving season is about to begin, with Christmas decorations nearly ready to go on display at retailers across North America -- even as Halloween is still half a month away. One big item likely to be on many Wish Lists is a smart speaker, and a newly released study shows Q4 sales of smart speakers will likely approach 12 million units globally. Of the two leading brands in this space, one is a clear winner. Learn what this means for your radio station's plans to win back the home.
The Subcommittee on Communications and Technology, chaired by Rep. Marsha Blackburn (R-Tenn.), is moving forward with a markup of a FCC reauthorization bill by bringing it to the full House Energy & Commerce Committee. The shift from the Subcommittee to the full Committee came via a unanimous voice vote this afternoon at a 30-minute hearing overseen by Blackburn at the Rayburn House Office Building on the south side of Capitol Hill.
Until 2:45pm Pacific on Tuesday, all was mum regarding the status of the required divestitures from CBS Radio's Reverse Morris Trust-fueled merger with Entercom. That silence was broken in a big way by way of a staff e-mail from CBS Radio President/CEO Andre Fernandez. He spilled the beans that an additional 16 stations are being sold, and he shared exactly what those stations are.
Total marketing communications investments have remained flat since 2010. According to noted media ecologist Jack Myers, these injections of cash are projected to increase from $580 billion in 2010 to a projected $596 billion in 2020. That amounts to a 2.8% increase. But, when factoring inflation, "the real dollars invested by marketers in the U.S. marketing and media economy has declined precipitously."
The NAB on Tuesday said it's sending 10,000 battery-operated radios to Puerto Rico for distribution to those impacted by Hurricane Maria. It is being paid for by "multiple U.S. broadcasters," the NAB and the National Alliance of State Broadcasters Associations (NASBA). The move reiterates the importance of AM and FM radio in the time of emergencies. It also deflects from the deafening silence of some of the radio industry's biggest players on the push for FM chips in iPhones.
One of the biggest winners of spectrum in the FCC's incentive auction has partnered up with FOX Television Stations to assist in repacking its 600 MHz spectrum. In doing so, T-Mobile is doing its part in accelerating the final repack by 16 months and, it claims, reducing overall costs for the Incentive Auction Relocation fund by tens of millions of dollars.
Here's some happy news for those in the broadcast media C-Suites tired of those reports from the IAB and others in the digital universe that continue to bash "traditional" TV and lesser-respected radio as old guard and ineffective for advertisers. According to a newly released report from eMarketer, adults will spend and average of 12 hours and 1 minute per day with major media in 2017.