The broadcast television station licensee that has taken a lead position in the voluntary rollout of the ATSC 3.0 digital broadcast standard in the U.S. has entered into a memorandum of understanding with one of the world's largest automotive parts and services companies.
In October, the only historically black college or university (HBCU) in the state of Oklahoma announced that radio and TV station owner Griffin Media had made the largest corporate donation in the history of the university. As a result, the school is getting a building associated until now with KWTV-9.
Those questions were posed by Matrix Solutions CEO Mark Gorman to two notable corporate sales leaders representing two of the biggest over-the-air TV station owners as the 2022 Media Ad Sales Summit, rescheduled from January, kicked off in Fort Lauderdale.
A growth equity firm with more than four decades of experience providing capital and strategic support has injected more than $100 million, inclusive of $80 million in primary capital, into a "next-generation media technology company" that offers cloud broadcast and targeted advertising products to broadcast TV and streaming TV platforms.
"Based on current trends and expectations, we are lowering our 2022 revenue growth estimate to low single digits and are reaffirming that our adjusted EBITDA margin is expected to exceed 9% for the year." That's what Comscore had to share regarding how its full-year outlook is shaping up, after reporting shaky Q3 2022 results.
With regulatory approval pending for Standard General's privatization bid for publicly traded TEGNA, third quarter earnings were released Wednesday sans an earnings call. Perhaps that's beneficial for the current C-Suite team at TEGNA —the company fell short of their estimates on both EPS and revenue.
The first ATSC 3.0 launch beyond the continental U.S. has taken place, and Nexstar Media Group and BitPath are to thank for making it happen. All "Big Four" network-affiliated stations are participating.
The company's share value has declined by 36.4% over the last month. But, is a rebound on the way for Gray Television? Analysts at Zacks Equity Research think so.
Though September brought a new season of television series premieres and the much- anticipated National Football League season kick-off, investment in National Linear TV remained flat. Why? Standard Media Index says the tepid 0.3% year-over-year shift upward is due to two things.
The minority-owned and certified leading pioneer in Hispanic mobile advertising and digital media has expanded the access points for its free video-streaming service, making it available via both Roku and Fire TV.
MoffettNathanson senior analysts Robert Fishman and Michael Nathanson took a close look at Paramount, the parent company of CBS, following the release of its third quarter 2022 earnings and don't have the best assessment to offer, based on what they've reviewed.
Roku Inc. shares were down by 5% on Thursday after the company known for its OTT-empowering stick, FAST channels and feature film "Weird: The Al Yankovic Story" released a rather dismal Q4 2022 forecast following better-than-expected Q3 results. The projections for Q4 led one key Wall Street analyst to ask, "Is Roku broku?"
The big takeaway — the addition of FOX Sports app and FOX Weather free streaming channel, which build on the FOX programing line-up on VIZIO.
Pivotal Research Group analyst Jeffrey Wlodarczak likes what he sees when it comes to DISH, the direct broadcast satellite company. Why? "Modestly better" satellite TV losses are one highlight. But he's particularly pleased with the net new additions associated with its vMVPD.
With the release of Sinclair Broadcast Group's Q3 2022 fiscal health report came official visibility for the final three months of 2022, and expected full-year results. The big takeaway: Political revenue will be big. Meanwhile, Sinclair's board said yes to a healthy shareholder dividend.