1 month 3 weeks ago
RW Staff
1 month 3 weeks ago
February 27 was originally poised to be a day full of conference calls detailing the fourth quarter 2024 results from four broadcast TV companies and two major radio broadcasting companies. One of those TV station ownership groups opted not to release its results on such a crowded day. Instead, it is waiting until March 11.
Adam Jacobson
1 month 3 weeks ago
A 1kw Class C AM radio station with an all-important FM translator serving Jasper, Ala., with Classic Hits programming is about to change ownership. It's thanks to a deal that's just been filed with the FCC for regulatory approval. And, it marks a new chapter for a company that suffered a loss of its broadcast tower in 2024.
Adam Jacobson
1 month 3 weeks ago
There's been significant growth across the Palm Beaches and Treasure Coast of native Spanish speakers, all of whom seek in-language news that's relevant to them. With two Miami Spanish-language TV stations on local MVPD lineups and little else in the way of local español news, Sinclair Inc. is stepping up to the plate.
Adam Jacobson
1 month 3 weeks ago
A 10pm Sunday premiere of a NBC prime-time series and a daytime serial debuting from CBS. What do they have to do with Gray Media? A lot, and that's what CEO Hilton Howell Jr. sought to stress as the publicly traded company's nontraditional revenue is about to jump in a way that differs from its peers.
Adam Jacobson
1 month 3 weeks ago
Nick Langan
1 month 3 weeks ago
He's no stranger to CBS News but has been serving as President/GM of KGO-7, the ABC Owned Stations property serving the San Francisco-Oakland-San Jose market. That's about to change. After seven years in the Bay Area, this news veteran is returning to CBS at a particularly fragile time.
Adam Jacobson
1 month 3 weeks ago
Some five years after the COVID-19 pandemic wreaked havoc on the nation's mental, physical and financial health, the Radio industry is still suffering. That's the message being told to investors of one of the biggest audio content creation and distribution companies in the U.S., as it delivered its Q4 2024 results on Thursday.
Adam Jacobson
1 month 3 weeks ago
As CEO Mike Steib and CFO Julie Heskett see it, TEGNA's financial strength and "disciplined execution" make it a standout broadcast television station owner, one ripe for growth and the right M&E activity as it nevertheless anticipates total Q1 2025 revenue to decline between 4% and 7%. As such, is TEGNA a buyer or seller?
Adam Jacobson
1 month 3 weeks ago
Paul McLane
1 month 3 weeks ago
The owner of such broadcast television stations as KGW-8 in Portland, Ore.; WTSP-10 in Tampa-St. Petersburg; and flagship WUSA-9 in Washington, D.C., enjoyed a 20% gain in revenue in the fourth quarter of 2024, helping it achieve full-year revenue growth of 7%. The big reason TEGNA saw the improvement is tied to political advertising.
Adam Jacobson
1 month 3 weeks ago
One year ago, Cumulus Media initiated a “poison pill” defense to stave off the looming threat of a hostile takeover from billionaire Manoj Bhargava. Now Cumulus is quietly putting that shareholder rights plan to bed as the danger fades, per an SEC filing.
Cameron Coats
1 month 3 weeks ago
The year-over-year results mark an improvement. But, in the eyes of analysts, the revenue growth seen in Q4 2024 for Sinclair Inc. may not be good enough. That's what the company led by Chris Ripley has to contend with.
Adam Jacobson
1 month 3 weeks ago
Through a Notice of Proposed Rulemaking, the Commission will consider additional actions it could take today to make sure TV viewers aren’t inundated by exceedingly loud commercials in the future.
RBR-TVBR
1 month 3 weeks ago
Gray Media has inked an agreement that will allow it to simulcast five Memphis Grizzlies NBA games, in partnership with FanDuel Sports Network. The games will appear in Memphis, Nashville and Knoxville, starting March 12.
RBR-TVBR
1 month 3 weeks ago
Audacy's Podcasts division has expanded its exclusive, multi-year sales and distribution partnership with CBS. The agreement now includes CBS Entertainment, CBS Media Ventures, CBS News, and CBS Studios podcast slates.
RBR-TVBR
1 month 3 weeks ago
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1 month 3 weeks ago
Media Bureau allots Channel 260C0 at Ethete, Wyoming, as a Tribal Allotment.
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