The parent company of Los Angeles radio and TV station owner Meruelo Media is said to be nearing "the final stages" of a deal that would make it the owner of a National Hockey League franchise that plays its home games in the Valley of the Sun.
In an announcement distributed at Noon Eastern on Monday, Emmis Communications confirmed that it is saying goodbye to the capital of the Lone Star State. This gives its long-time partner in the market full ownership of the properties.
The owner of broadcast facilities including the station grabbing The CW Network affiliation in its home market of Chicago, as well as such nationally distributed digital multicast networks as MeTV and Movies!, just grabbed a full-power TV station in the Centennial state.
The MMTC and NABOB joined forces in offering an assessment of the troubles their members seek with respect to access to capital, and how "additional financial obligations, such as regulatory fees, may render it more difficult for incubated entities to thrive" under the broadcast incubator program.
"This doesn’t happen that often!" MoffettNathanson Senior Analyst Michael Nathanson took a good look at the state of U.S. advertising following the Q1 earnings release cycle and has a startling revelation: He's raising the traditional media ad forecast and lowering its digital ad estimate.
Between 2006 and 2010, Entertainment Media Trust acquired four AM radio stations serving St. Louis. Now, following a multi-year inquiry, the Media Bureau has determined that an individual convicted of felony offenses for obstruction of justice and bank fraud actually controls them.
In twin filings made with the FCC, Townsquare Media is picking up a Class A with a tower to just west of Tuscaloosa, Ala. This results in the spin of a Class C2 FM serving the market from the far south. The buyer? Only the No. 2 licensee of radio stations in the U.S., behind iHeart.
Rep. Greg Walden shared his views Tuesday on STELAR, as did the current House E&C Chairman, at a Subcommittee on Communications and Technology hearing on "STELAR Review" and how consumers should be "protected." What did he and Frank Pallone Jr. have to say?
Brian Wieser became well-known as a prolific Senior Analyst at Pivotal Research Group. He's now at GroupM, which has released a report that suggests many in charge of media buying and planning are aligned with Wieser on why TV isn't a great place for their ad dollars.
"Modernizing video laws so that they actually work for consumers" is the key goal of bipartisan legislation that will be drafted with the intent of overhauling "outdated laws" governing the television marketplace. Translation: Retrans fee reform could be on the way.
With WRQX's end, along with that of New York sibling WPLJ-FM, questions abound as to whether any entity other than the stations' buyer could have swooped in to buy the properties. One broker believes the answer in this case is no. The FCC could change this paradigm.
For three generations of radio listeners, WRQX in Washington, D.C., and WPLJ in New York served listeners with rock, then Top 40 and, until 7pm today, Hot Adult Contemporary music. As many bid farewell to the stations, the industry could forever be changed by the stations' sales.
vCreative -- the company known for its software-based workflow systems founded by Jinny Laderer -- has something somewhat surprising to reveal: It's been acquired by a software company that operates under the mantra to "acquire, build and grow great enterprise software businesses."
If it were up to the NAB, one company could theoretically own every AM station in a market of any size. It's also the chief architect behind a plan to allow one entity to own every FM in a market ranked No. 75 and under. The NAB is doubling down on this argument.
While the NAB argues that consumers that subscribe to either DISH or DirecTV should get their closest "local" channel, as technology has rendered The Satellite Television Extension and Localism Act obsolete, the ATVA very much feels otherwise.