Disney ‘Dramatically’ Trimming Traditional TV Investment
He had tongues wagging across Manhattan on Tuesday for his unexpected appearance at The Walt Disney Company's 2024 Upfront presentation. Then, Bob Iger, Disney's CEO, continued to gain attention for comments made Wednesday at MoffettNathanson's Media & Communications Summit.
Is Gen Z Most Influenced By TV/OTT?
A just-released report from the Video Advertising Bureau paints a portrait worthy of sharing with the sales team and potential clients. The key takeaway from VAB: TV and streaming is what young consumers "vibe" with more than social media.
Scripps Selects Las Vegas Leader For Local News VP Role
The E.W. Scripps Co. has turned to the individual leading its Las Vegas stations since 2022 to serve in the new role of VP/Local News. He reports to President of News Kate O'Brian.
Disney: April’s Top Performer for Total Video Consumption
A new cross-platform view of total TV consumption across broadcast, cable and streaming — aggregated and ranked by media company — is now being provided by Nielsen just in time for the 2024 Upfronts, which more than ever include the digital story first and foremost.
Lazarus, Langley Pitch Unique Universal Content Delivery
Mark Lazarus and Donna Langley put their respective imprints on a NBCU Upfront presentation that sent a clear message to marketers: Only NBCUniversal offers a one-stop shop with touchpoints across digital and linear properties consumed by Americans from wake-up to the end of their day.
What Were The Top LPTV Sales Of 2023?
How active is the low-power broadcast TV transactions marketplace? In 2023, there were plenty of deals. Now, a fresh analysis conducted by Volker Moerbitz has painted a clear portrait of just how many LPTV deals were valued at more than $1 million last year. The top two deals involve Paul Koplin.
A ‘TOP Biller Again, Despite Shrinking Revenue Totals
Hubbard Radio's WTOP Radio again tops BIA Advisory Services' Top Ten Radio Stations by Revenue rankings, and has done so 13 out of the last 14 years. However, the bigger takeaway is that WTOP's over-the-air revenue declined by $3.7 million between 2021 and 2023.
AM Radio Gets Revenue Spotlight In Latest BIA Rankings
BIA Advisory Services has tallied up the dollars and has released its look at the Top 10 radio stations by revenue for 2023. This year BIA also offers a look at the Top 10 AM radio stations by revenue — a not-so-subtle reminder that stations on the kHz band are in jeopardy of losing big money.
Boston, N.Y. Radio Talent Dick Summer Dies
He was an iconic Boston radio personality known for the overnight show Nightlight on WBZ-AM 1030. He also worked in New York at major AM and FM radio stations. Now, many are paying their respects to Dick Summer, who has died of pneumonia at the age of 89.
Compulsory ‘DIRS’ Reports Are The Wrong Focus, Says NAB
Would mandatory Disaster Information Reporting System reporting help or hinder broadcasters in the event of an emergency? This is the question raised by the NAB in comments on the FCC’s proposal to require just that, should the worst occur.
SPECai Adds Adams, Southern Stone To Client Roster
It was a smash hit on the expo floor of the 2024 NAB Show. Now, ENCO Systems, Benztown, and Compass Media Networks are celebrating the signing of agreements for the use of an AI-powered sales "spec spots" tool by two small independently owned radio station ownership groups.
What’s Next for Radio and the FCC?
In September, as Anna Gómez settled in as a Commissioner, the radio industry wondered, "Where is radio on the FCC’s priority list?" Sure, the 2018 Quadrennial Review would have to be dealt with, but otherwise, it looked like non-radio issues would dominate. What a difference eight months makes.
Financial and Valuation Trends For Local Advertising Consumer Hubs
The profitability of broadcast and audio companies has become a subject of keen interest across the last five years. To provide an in-depth analysis, BIA VP/Media Valuations Lauren Ross teamed with CEO Tom Buono to pen a media ecosystem review that focuses on six sectors that seek local ad dollars.
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Kingston Adjusts Ownership Structure Of Cortona Partnership
In November 2023, Steve Kingston agreed to a $75,000 purchase of an Annapolis, Md.-based FM translator. The acquisition of an AM that will serve as the primary station came in January. Now, Kingston has adjusted the ownership mix for the licensee of this AM and the FM translator.
Gray Television Begins Proposed Refi Process
Gray Television has commenced the refinancing process for its existing $1.15 billion term loan due 2026 and up to $450 million of its 5.875% senior notes due 2026. The goal? To extend "a significant portion" of its near-term debt maturities.
DirecTV Adds The CW For Streamers In Four More Markets
Over the last several weeks, direct broadcast satellite service provider DirecTV has been bringing affiliates of The CW Network to those who subscribe to its vMVPD streaming-based offerings on a market-by-market basis. On Tuesday, four additional markets were added to the mix.
Pac-12 Gets New National Coverage From The CW
The broadcast network seeking a Detroit home, majority-owned by Nexstar Media Group, will become the broadcast home for 11 football games from a greatly evolved collegiate football conference. Games begin August 31, with a Washington State game followed by an Oregon State matchup.
Ad Council Unveils Trade Assn. Advisory Committee
The committee's principal task is to offer insights and perspectives on the challenges and opportunities facing their industries, and explore opportunities "to amplify Ad Council messages as a collective in the ultimate service of driving meaningful impact."
Mutual of Omaha Earns NABLF Corporate Leadership Award
Mutual of Omaha has been select to receive the The National Association of Broadcasters Leadership Foundation (NABLF) Corporate Leadership Award, and will be honored during the 2024 Celebration of Service to America Awards on June 4 in Washington, D.C.
As Upfronts Begin, Short-Form Video Ups Ad Pitch
As NBCUniversal promoted its array of digital and linear content at its Upfront on Monday, sending the message that it can do what no other company can do for marketers, new research suggests "snackable" video content hubs are vitally important to CMOs looking for more brand recognition.
LPTV ‘OPIF’ Proposal Up For FCC Consideration
"We’re facilitating engagement between the public and local broadcasters." That's what FCC Chairwoman Jessica Rosenworcel offered on Thursday as part of her outline of what the Commission will discuss at its June 2024 Open Meeting, scheduled for June 6 — just two weeks after the FCC's May Open Meeting.
MINI USA Makes SiriusXM with 360L Standard
While SiriusXM first expanded across MINI’s full lineup in 2022, SiriusXM with 360L’s expanded content and personalization offering will now be available in all MINI vehicles.
NAB Leaders Look Back At Successful 2024 Show
Now that it has concluded, the NAB's Managing Director and EVP/Global Connections and Events and the association's President/CEO are looking back at the 2024 NAB Show with pleasure, calling this year's affair "a true testament to the expanding reach of the broadcast, media and entertainment industry."
AM Broadcasters Could Cut Energy Costs With BE Offering
That's the sales pitch from Broadcast Electronics, part of Elenos Group, which says its newest product offering allows broadcasters to leverage intelligent transmitter power control that analyses modulation characteristics and reduces the power level during programming.
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