Wall Street Blog Wary Of Entercom Ex-Dividend Bump

Three weeks ago, Entercom's stock dropped off a cliff, falling to a fresh five-year low. With shares going ex-dividend Wednesday, could investors have benefited by buying up shares on Tuesday? Simply Wall St. suggested it wasn't a good idea. The market listened.

Sook’s Stock Swoon: Nexstar Erases Six Months Of Gains

How critical is a new retransmission consent agreement for one of the nation's largest TV broadcasting companies, an entity that still awaits FCC approval of its proposed merger with Tribune Media? For Nexstar Media Group, the lack of a retrans deal with AT&T for its three TV services is wreaking havoc for a stock that had zoomed to a record high just four months ago.

Podcast Sales Pro Takes New Digital Role At Entercom

No, he's not traded in a megaphone for an intercom. Rather, sales and marketing pro Ken Lagana will soon be representing Entercom. He's tasked with leading the sales strategy for the company's "large and rapidly growing" digital business.

John Caracciolo Bets On Bubba For ‘Florida Man’ Launch

Under Salem Media Group, an AM with an FM translator serving Orlando has provided the company with “The Answer” to offering conservative Talk programming to the 31st-largest radio market. With JVC Media soon taking over, a big shift in spoken word programming is on the way. This includes bringing Bubba The Love Sponge to listeners.

Winter Has Ended: A Major Move At LBI Media

In a major power shift, LBI Media -- the parent of Liberman Broadcasting and the Estrella TV Spanish-language broadcast television network -- has confirmed that its COO has exited. In his place, on an interim basis, is a former Chairman/CEO of Granite Broadcasting.

TEGNA Confirms Apollo Contact, Following Standard Snatch

Ten minutes before Friday's Closing Bell on Wall Street, The Wall Street Journal published a report that the entity that did a private buyout of Cox Media Group and Northwest Broadcasting approached TEGNA about a possible sale. The company just confirmed this.

More Bad News For Comscore: Layoffs

The biggest news from Comscore on Tuesday wasn't distributed by a press release, but was instead revealed in a SEC filing. Job losses are on the way at the fiscally challenged cross-platform measurement firm, which announced a new offering within its suite of Marketing Impact products.

‘Netflix Shares Aren’t Recession-Proof.’ Investors Agree

What if a recession were to engulf the U.S. by the end of 2020? According to Nomura Instinet analysts, companies such as Amazon, Facebook and Alphabet will be just fine. But, that's not what they're saying about Netflix. Investors reacted by selling off NFLX shares.

Why TV Still Matters in the Age of Netflix

In some corners of the marketing and advertising world, fueled by digital and social media workhorses, there is still debate as to whether TV is "dead." An Analytic Partners SVP says it's far from comatose and remains a highly valuable place for marketers to place their content.
Cable / Satellite

‘Freaking Ugly’: MVPD Sub Dip, and a vMVPD Growth Wall

MoffettNathanson's two big analysts, Craig Moffett and Michael Nathanson, were horrified at the then still-preliminary Q2 cord-cutting results. The final numbers are in, and they are indeed distressing — not just for traditional distributors, but for the programmers as well.

A Historic Voice, In Danger Of Falling Silent

In April 1962, a 1kw daytimer serving a small town in southeastern North Carolina signed on the air. It dedicated itself to serving the majority Black population in this municipality, and still does. However, aging equipment, and fading AM radio consumption, could spell the end of WVOE.

Salem’s Relevant ‘POP’ Value: Fair Deal, Or Fading AM Worth?

AM station values have, to little surprise, been on the decline as the senior radio broadcast band struggles with keeping listeners who may prefer FM or digital audio streaming. One media appraiser frets over the "pop" value of Salem's station sales to the parent of Relevant Radio.

More Turmoil At Comscore As Another C-Suiter Departs

Thursday's trading on Wall Street ended with the Dow Jones Industrial Average rebounding by nearly 100 points. However, Nasdaq was off 7.32 points. For media stocks, the bleeding continued yet again for Comscore. Why? It lost another C-Suite executive.

KDAY To Pay For EAS Tone Atonement

Nearly two years ago, twin FMs in a simulcast aired a weather teaser for its morning show that included a simulation of the Emergency Alert System (EAS) attention signal. That's a no-no, and the FCC has now acted against the properties, owned by Meruelo Media.

After Nearly Two Years, An iHeart Quarterly Earnings Call

Much was shared regarding iHeartMedia's business plan in what seemed like a Q2 soliloquy from Chairman/CEO Bob Pittman, including how the company eagerly jumped into podcasting as competitors did not. But, how did iHeart do financially in the quarter?

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