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CBS/Viacom’s Wedding Reaction: ‘Tepid and Languid’

"The only real market surprise was the midday timing of the announcement," Wall Street analyst Michael Nathanson says in an investor note focused on the forthcoming ViacomCBS Inc. "Judging by the reaction, the new company will have to work extra hard to prove the financial merits of this combination."

Nexstar Rebounds Past $100 Mark In Friday Trading

For the first time since August 13, and just the second time in five weeks, Nexstar Media Group shares climbed above the $100 threshold in moderate trading on Friday. The jump comes as Simply Wall St. asks if it is time to consider buying Nexstar shares.

Auto Dominates TV Spot Ten

The Spot Ten chart for the week ending September 29 finds Chevrolet holding at number one, Ford again at number five, Nissan up a place to number sixth, Toyota at ninth (down from eighth), and Honda moving up to 10th from 12th position.

Netflix’s Q3 Surpasses Expectations, But U.S. Slowdown Is Seen

With the TV and entertainment industry's anticipating a battle for OTT audiences come November with the launch of potential competitors, Netflix on Wednesday released third-quarter financial results that beat Wall Street expectations. But, a U.S. slowdown is clearly seen.

Meredith Local Media Enjoys A Strong Non-Political Q1

While TEGNA struggled with a lack of political ad dollars in its fiscal Q3 results, Meredith Corp.'s Local Media division experienced a much-different three month period ending Sept. 30. The stations finished Meredith's fiscal Q1 2020 with "record revenues for a non-political quarter."
Shopping / Christmas / Holiday

The Retail Parade: Full Of Spots At Broadcast TV

Despite what you may have seen prior to Halloween, the official holiday shopping season has begun. As such, some of the nation's key brick-and-mortar retail chains are putting their dollars into spot television to reach consumers. Which department store comes out on top?

What Did The Top 10 TV Advertisers of 2019 Spend?

So, who are the top 10 advertisers of 2019 by ad spend? How much did these companies spend on TV advertising? Ad sales business intelligence firm MediaRadar crunched the numbers, and has revealed the details just in time for New Year's Eve. One interesting takeaway: There were more than 2,000 newcomers to television advertising in 2019, including PostMates.

Another Big Money Week For Bloomberg

If dollars meant votes, a former New York mayor would be in the driver's seat. That's because the big-dollar activity at spot television from the Mike Bloomberg for President campaign tops 'em all, coming in ahead of even GEICO -- the most prolific user of spot TV there is today.

A Harty Stock Buy For Meredith Corp.

In a move designed to shore up investor confidence -- and take advantage of what the C-Suite likely believes is an undervalued stock -- the CEO of the company that owns 17 television stations in markets such as Phoenix, Nashville and Portland, Ore., has purchased 10,000 shares of his employer's common stock on the open market. The purchase by Tom Harty is valued at $289,000.

NBC News Audio Technician Dies After Positive COVID-19 Test

An audio technician for NBC News has died after testing positive for COVID-19. He was 61. According to his wife, the longtime employee suffered from other health issues.

NextGen TV Revenue Streams, With A Software Plan

ATSC 3.0-fueled planning is accelerating the much discussed opportunities that lie ahead of broadcast television. These efforts include those of one broadcast industry consultant focused on NEXTGEN TV features that has linked up with Acrodyne Services for its PROGIRA plan broadcast network planning software.
E.W. Scripps Company

Scripps Board OKs Dividend Ahead Of Q1 Report

The E.W. Scripps Co. on Friday will become the latest broadcast TV company to release its first-quarter 2020 results. One day ahead of the distribution of those numbers, the Scripps board declared a cash dividend. Is that why Scripps shares surged across Thursday morning's trading session? Perhaps. But who has snatched up SSP stock recently may be of note.

Industry Report: Pulse Check on AI Adoption in TV

Veritone has partnered with Future Media & Entertainment Group to uncover television industry perceptions and experiences around AI. "At a time when organizations are finding new ways to work and searching for efficiencies, Veritone set out to gauge the role Artificial Intelligence plays in this process," the company says.

Sinclair Secures CBS For Eight TV Stations, Plus WTVH

Eight Sinclair Broadcast Group stations and a Central New York property it operates won't be seeing any sort of "Great Network Affiliation Change" in their respective markets anytime soon. That's because the stations, ranking in market size, have new multi-year agreements in place with ViacomCBS.

NEXTGEN TV on Seven Stations in PDX

The next-generation ATSC 3.0-powered digital TV broadcast signal is now up and powering seven major over-the-air TV stations in the Pacific Northwest’s second-largest market.
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