House Energy & Commerce Committee Members on both sides of the aisle, touting the public safety needs for those in a vehicle, overwhelming passed the retooled "AM Radio for Every Vehicle Act," sending it to a full floor vote in the House of Representatives. A quest to stop a mandate "in perpetuity" from a Michigan House Member was thwarted.
The champion of the AM Radio for Every Vehicle Act in the U.S. Senate and the NAB have each issued statements cheering the House Energy & Commerce Committee's 45-2 passage of the latest incarnation of the bill, which sends it up to the House of Representatives floor for a full Member vote.
First it was Dave Lougee, who exited as President/CEO one month ago. Then it was Ellen Crooke, who will relinquish her role of SVP of News in January. Now, a third TEGNA Inc. C-Suite executive has shared her long-term departure plan, which involves a mid-2025 exit from the broadcast television ownership group.
He previously spent eight years as Senior Director of Sales for NBC Bay Area, comprised of KNTV-11, KSTS-48 in San Jose, and two regional sports networks. Now, this media sales veteran is heading up sales for NBCUniversal in "America's Finest City."
The relationship starts immediately, for the 2025 upfront and broadcast year. This will see the end of the Crystal Media Networks name, as it will rebrand to Portfolio Media next year.
Corus Entertainment has completed an agreement to amend its credit agreement with its bank group, led by TD Securities and RBC Capital Markets — a move that increases its debt-to-cash flow ratio. At the same time, Corus is moving forward with the launch of new lifestyle networks launching in Canada on December 30.
A Weigel Broadcasting digital multicast network known for showcasing female heroines in "proven procedural dramas" is now available to DirecTV consumers, as it was added to the lineup on Tuesday.
While Spotify is by no means a social platform, it is looking to better facilitate community and connection between fans and artists. This has resulted in ad revenue that is forecast to exceed $2 billion in 2024, and will only grow over the next three years.