Press releases do matter when it comes to Wall Street investors. Within seconds of the 11:06am Eastern distribution of an announcement from Gray Television that it has proposed a multibillion-dollar term loan, amended its current senior credit facility and updated its Q3 guidance, shares reversed course from an early dip and soared to a record high.
A Notice of Proposed Rulemaking has been released by the FCC's Media Bureau that seeks comment on a petition from Ion Media that would shift the city of license for one of its TV stations in Kentucky. Here's what you need to do if you have a say in the matter.
One of the nation's biggest broadcast TV companies has just lowered its annual interest expense by roughly $7 million while increasing its free cash flow by approximately $5 million each year.
Sessions addressing the digital media marketplace, demographic changes affecting the top U.S. Metro Markets, global business intelligence and the legal considerations involved in electronic business transactions and social media will be featured at the 2018 Media Credit Seminar. The final agenda for Thursday's event in New York is now available.
A former EVP/Programming at FOX has risen to the top at Showtime Networks while securing the title of Chief Creative Officer at CBS Corporation. Here are all the details on David Nevins, who served as President of Imagine Television for eight years, overseeing development and production as an executive producer on all Imagine Television shows.
The CFO of Showtime Networks has moved into the EVP/CFO position at CBS Corporation, effective immediately. She has worked in different capacities at Showtime Networks over 22 years, including programming finance leadership and as a key steward of the successful implementation of various financial, operational and reporting systems.
LBI Media, the Burbank, Calif.-based broadcasting company targeting Spanish-speaking audiences, has inked a deal that puts its specialty cable TV channel on Charter Communications' Spectrum systems in two key markets.
On a stage this morning at NAB Show New York, Univision CEO Vince Sadusky joined NBCU Owned Television Stations President Valari Staab in announcing that their respective companies -- along with FOX's O&Os, NBC O&Os and the stations owned by TEGNA and Nexstar Media Group -- were committing to the introduction of the next-generation broadcast TV standard known as ATSC 3.0.
A discussion on global business intelligence conducted by the CEO for the Americas and Asia of Creditsafe Group and a credit analyst at Viacom International Media Networks has been added to the agenda for the BCCA's 2018 Media Credit Seminar.
Television broadcasters working together to advance the launch of next-gen TV broadcasting, by way of the ATSC 3.0 standard, are planning an early 2019 trial of the new standard's mobile video capabilities. Who knew that one of the nation's biggest car rental companies will be "trying harder" to bring this trial to fruition?
If you believe the results of a just-conducted survey of 1,500 adults, you'll be very pleased to know that broadcast television's next generation could be very bountiful -- thanks to the voluntary deployment and eventual universal acceptance of ATSC 3.0.
The "foundation for the next phase of growth" at San Jose, Calif.-based Ooyala has now been firmly planted, as the current management team has completed a buyout of the provider of OTT, content production and digital distribution tools.
Pivotal Research Group analyst Brian Wieser has analyzed trends associated with the use of television alongside commercial share trends for national media owners in the U.S. through the end of the calendar month of September. With complete data for the report becoming available from Nielsen on Monday, Wieser and his team perused the data and arrived at some notable observations.
In the Great Plains region is a Nebraska town of some 16,000 that is home to a low-power TV station that until today has been owned by Gray Television. Gray is selling it, and the buyer is one Barry Silverton. Why is that name familiar?
It's not yet known who will acquire Fox's regional sports networks (RSNs), which must be sold in order for The Walt Disney Company to complete its $71.3 billion purchase of a major portion of 21st Century Fox. Even so, the American Cable Association is urging the U.S. Justice Department "to protect consumers" by prohibiting the divestiture of the RSNs to two potential types of buyers.