In April 2015, RBR+TVBR reported on the sale of a full-power TV station serving Fresno valued at $3 million. It saw the station, in a deal brokered by Kalil & Co., transfer to Aperio Communications. Now, the company has decided to sell the station, putting MyNetwork TV affiliation in California's Central Valley in question. The price was made public on Aug. 12.
The controversial local broadcast TV streaming service some companies believe is illegally distributing stations without a retransmission agreement has entered another DMA. This time, Locast is bringing its local TV for a "donation" solution to a big upper Midwest DMA.
With a hostile board seat play from Soohyung Kim behind it and COVID-19 challenges also in the rear-view mirror, TEGNA is poised to benefit from a return of pro sports to the schedule and, like many TV station owners, continued retransmission fee riches. But, just how did TEGNA do in Q2? Its earnings per share beat the Zacks Consensus Estimate.
First, the good news: prime-time viewing in the key adults 18-34 demographic surged, while Univision's digital platforms also enjoyed a big boost in traffic. That couldn't keep Univision, like other media companies, from swinging to a net loss. Univision's revenue woes could wane in Q3, however — thanks to fútbol.
A retrans impasse with The E.W. Scripps Co. - its first-ever "blackout" situation - made Dish the antagonist of the Scripps Q2 earnings call on Friday. At the same time, analysts were digesting the second-quarter results for the DBS provider. According to Pivotal Research Group, they were quite good.
Graham Media Group, the company with its roots tied to the family that formerly owned The Washington Post, saw its overall net income fall to $18.9 million from $57.1 million due to the COVID-19 pandemic's economic impact. But, how did the TV division perform?
Stream this: ViacomCBS, like most media companies, suffered from a sharp decline in advertising revenue during the second quarter of 2020. But, as Zacks Equity Research points out, the combined company that includes CBS owned-and-operated TV stations and Viacom's stable of cable networks saw gains in affiliate revenues — with retrans fees a component of those dollars.
TEGNA’s 24/7 true crime multicast network has launched its free, ad-supported over-the-top (OTT) streaming app on most major platforms. But, one major distribution platform won't be offering it until later this month.
On July 29, Zacks Equity Research offered its prediction on how Sinclair Broadcast Group's second quarter results would pan out. It anticipated Q2 revenue $1.42 billion, up 83.8% from the year-ago quarter. How accurate was Zacks? Unfortunately, Sinclair came up a bit short.
"We delivered solid results that were in line or above the outlook we provided in April amid a challenging environment due to the global COVID-19 pandemic, with both Media and Connect executing well," Nielsen CEO David Kenny said Wednesday. On a constant-currency basis, Nielsen Q2 revenue was down 5.9%, or 8.1% on a reported basis. But, it could have been worse.
Disney has been "rightly rewarded" for what noted financial analyst Michael Nathanson calls its "full commitment and now stellar execution of their pivot to Direct-to-Consumer services." In contrast, despite Fox’s "solid" first year featuring 7% affiliate growth, "the company has no such narrative," Nathanson declared. Investors listened.
Here's the bad news: Entravision Communications saw its net revenue slashed by a third in the second quarter of 2020. Here's the good news: At least the multimedia company superserving Hispanic consumers reported positive EBITDA, and swung to net income from a net loss in Q2 2019.
WYBN-14, a low-power TV station, has distinguished itself from other Albany, N.Y. stations by offering eight digital multicast networks and programming not found on the big affiliates. Now, those in the Mid-Hudson Valley, an area with no over-the-air broadcast signals for many years, can enjoy the same mix of TV offerings. Learn about the opportunities here in this fresh InFOCUS Podcast. LISTEN HERE
You likely know vCreative for its media workflow offerings, with cloud-based technology in place for such companies as Entercom, Cumulus Media, Townsquare Media and Urban One. Now, its seeking to build on its radio industry success by reaching out to broadcast TV. That’s what brings President/COO Susie Hedrick on to the latest RBR+TVBR InFOCUS podcast. LISTEN HERE
Philo, named after television innovator Philo T. Farnsworth and with its origin in the university marketplace, has just widened its availability, making the "skinny bundle" vMVPD even more widely distributed. That's good news for Urban One.