In November 2013, the future of two TV stations in North Dakota suddenly became fuzzy. Full-power facilities in Bismarck and Minot, respectively, were to be sold to Excalibur Media, with the company entering into a LMA agreement with Gray Television. That deal was aborted, after Prime Cities in March 2014 asked the FCC to nix the deal. This resulted in Gray acquiring the intellectual property of the two stations, while it needed to sell the facilities to a woman-owned or multicultural business. As a result, Legacy Broadcasting became the owner of the North Dakota duo. Legacy is now selling the stations to a partner it has had a relationship with since 2015.
Shareholders of TEGNA today overwhelmingly approved the re-election of Board members, and ratified the appointment of EY as the company’s independent accounting firm for the 2018 fiscal year. But, here is the big headline: TEGNA stockholders said yes to an advisory resolution on the compensation of the company’s named executive officers.
In what is being hailed as "a major initiative to transform the commercial experience on its networks," Fox Networks Group President of Advertising Revenue Joe Marchese unveiled what are being billed as "JAZ" pods: two-ad pods that give advertisers adjacency to all of FOX's sports and entertainment programming.
Led this week by “The Office,” “Celebrity Apprentice,” “The Biggest Loser,” “30 Rock,” “Law & Order: SVU” and “Parenthood,” NBC averaged a 1.9 rating,...
It was October 2016 when Meredith Corp. shares were priced this low. Does that mean it's a good time for investors to swoop in and buy shares on the low? Yes, says one Wall Street investment wizard.
If you thought the merger of Sinclair Broadcast Group and Tribune Media was a bit of a grandiose plan, you may not be a fan of what Gray Television and Raycom have formulated. When all is said and done, this "transformative transaction" creates a new Gray TV that will reach 24% of U.S. TV households.
Broadcast journalists aren't exactly neophytes and hardly Luddites when it comes to their embrace of technology. They're catching up with their viewers' and listeners' news consumption habits by innovating in strategic ways on a multitude of platforms. But, how they're connecting to consumers is changing. Two big digital media players are decreasing in importance. This is the key finding of newly conducted research conducted by the RTDNA and Hofstra University.
Doubling it up is turning out to be the hottest trend of the summer — and perhaps 2018. Loosened FCC television station ownership rules have led several companies to add a second station in a market where it already has a presence. Add Perry Sook's Nexstar Media Group to the companies taking advantage of this Commission "rule modernization."
A mobile video analytics tool designed to provide marketers and media companies a detailed look at the quality and performance of the nation's top mobile video streaming apps has just been released by Nielsen-owned Gracenote.
According to attribution analytics company C3 Metrics, Wednesday night is the surprise time for TV advertisers to get the most bang for their buck, with Thursdays a close second. Sunday nights still get the biggest audiences, but don’t provide the best advertising value for a variety of reasons.
OTT video "has reshaped a successful industry," North Texas-based research firm Parks Associates notes. With that mindset, Parks released a White Paper that analyzes a key focal point for the pay-TV industry: What should it do to regain their title as the No. 1 provider of video services -- including broadcast TV channels -- to U.S. viewers?
Creativity in producing a collaborative multiplatform advertising campaign -- one that generated results and value for their client in the last year -- is something award-worthy. That's the premise behind the TVB Excellence Awards handed out Thursday at Forward 2018 -- the TVB's annual conference.
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.
On heavier-than-average volume of more than 2.42 million shares, Gray Television shares rocketed ahead 5.7% on Tuesday as investors voted with approval of the broadcast media company's just-released third-quarter results. With GTN trading at a record high of $18.50, it's good to be a stockholder. With its acquisition of Raycom Media on track, Gray delivered what Zacks Equity Research declares are "earnings and revenue surprises."
While traditional linear TV continues to expand with new channels and features, emerging streaming technology and connected devices are also making their mark. In fact, Americans collectively spend nearly 8 billion hours per month consuming content on connected TV devices.