Radio+Television Business Report

RBR+TVBR, the publication focused on the business of broadcast media, is accepting nominations for the Broadcast Best Finance Leaders of 2025, but only until Friday at 5pm Eastern. These honorees are distinguished and are being honored for their leadership and accomplishments.

Western North Carolina has made progress from the devastating destruction caused by Hurricane Helene at the end of September. Still, there's a long road ahead, and a new 90-minute documentary produced by the news team of a Sinclair Inc. TV station in Asheville chronicles "the journey back."

As RBR+TVBR first shared on Wednesday, Kyle Grimes will take an EVP position alongside Ashley Gold, Eric Meyrowitz and Nick Radziul at Hearst Television, shedding his role as President/GM of the company's flagship station in Boston. Who will now lead WCVB-5 has become known.

Despite strong political advertising revenues in the radio division of the publicly traded company, African American consumer-focused Urban One experienced a decline in net revenue as its total operating expenses rose. The result: the company led by Alfred Liggins III swung to a net operating loss in Q4 2024, widening the net loss attributable to common stockholders during the quarter.

A flurry of announcements have been released from the PR team at TEGNA Inc. over the last 24 hours, and among the biggest ones were announcements as to when the NYSE-traded TV station owner will report its Q1 2025 results and who will be taking two key leadership roles under its Chief Experience Officer.

A recently announced multi-year partnership between the Atlanta Braves and Gray Media has resulted in Gray and its Raycom Sports arm agreeing to produce original content surrounding the 15 regular season games its stations in the Major League Baseball team's territory will simulcast on its over-the-air broadcast properties.

The subject of 5G Broadcast is one that has largely involved European broadcasters. Yet there are some in the U.S. that see it as a smart option, rather than ATSC 3.0. At the 2025 NAB Show, XGen Network “XGN” will unveil its 5G Broadcast Exciter.

His fate at Audacy Inc. has been the subject of chatter and speculation for weeks. Now, it is official: Doug Abernethy is leaving the audio content creation and distribution company with majority ownership held today by Soros Fund Management.

According to a new report by Coleman Insights and Amplifi Media, 90% of Gen Z podcast consumers engage with video in some form. This contrasts with a recent report on the podcast enjoyment habits of younger audiences as the medium hits record growth.

He's held the dual roles of President/GM of the company's flagship ABC affiliate serving New England's largest market and as a regional VP overseeing the company's stations across the region. Soon, he'll be relocating from Boston to New York and rising to the role of Executive Vice President at Hearst Television.

This is a tale of persistence ... and understanding FCC rules and regulations as they pertain to FM translators. It involves a licensee named Radio Two, owner of Class D daytime-only KTTP-AM in Pineville, La., and its embattled low-power FM translator.

If you're an operator of low-power television stations and seeking ways to get NEXTGEN TV up and running at your property, GatesAir has a new budget-friendly platform ready for takeoff at the 2025 NAB Show.

He's the man behind Rochester, Ill.-based Hart Media Group, and he's just struck a deal that will add to the company's stable of two AM and six FM radio stations serving an area of downstate Illinois to the east of Springfield.

MAGNA says it had always anticipated a market slowdown in 2025 due to the strong comparables to 2024. That said, it is now further reducing its U.S. advertising growth forecast, as we are all living in "uncertain times."

From a presentation on virtualized emerging alerting to showing off its updated software for DASDEC and One-Net emergency messaging systems, Digital Alert Systems has much to share at the upcoming NAB Show in Las Vegas.

For CRISTA Media, owner of three radio stations serving the Puget Sound region, the need for an upgrade of its metadata management system was a priority.  It's now benefiting from technology powered through the "Radio Experience TREplus" product offered by Broadcast Electronics.

Live video production is on the rise. So is the need for a flexible production platforms. That's why Japanese brand FOR-A is going to the NAB Show to introduce a product that it says removes the need for multiple dedicated devices to produce high-quality live video.

An agreement has been reached that will see LG Electronics add a plethora of content from NBCUniversal across its free ad-supported streaming television platform, with both Spanish-language and English-language audiences poised to gain access to series and themed channels.

Speaking at the U.S. Hispanic Chamber of Commerce Legislative Summit, the Democratic FCC Commissioner urged business leaders to speak up against government intimidation and censorship as diversity, equity and inclusion initiatives come to an end under White House pressure.

The publicly traded company that owns the Global TV network and a group of broadcast radio stations including "Q107" and "The Edge" in Toronto has finalized a deal giving it the opportunity to get more Loonies and Twonies on loan, as a cash advance.