TV Upfront Presentations Clouded By Digital Video Ad Supremacy
As television executives prepare lavish stage presentations in New York this week to dazzle advertisers during the annual TV upfront sales …
Caitlin Clark Is Already The GOAT Of TV Ratings
Forget MJ, Tiger or Serena. When it comes to boosting TV audiences, the former Iowa star — who plays her first WNBA game Tuesday — is in a …
How Television Advertising Lost Its Relevance
Brands turn to retailers, Google, Meta and TikTok for additional reach.
Sesame Workshop Writers Ratify Strike-Averting Deal
The new agreement expands the Writers Guild of America's jurisdiction at the shop to include writing for social media platforms, animated …
Multicast Is Maturing And Studios Are Taking Notice
Some of broadcasters’ diginets have greater reach than many cable networks and are attracting general market advertising as well as …
Dow Gains 125, Nasdaq Dips 5, S&P Rises 9
Wall Street coasted to the finish line of another winning week on Friday.
Scripps Sees Political Heating Up After Slow-ish Start
The station group has increased its political estimates for the election cycle based on expectations for a very strong back half of the …
Comcast Rolls Out ‘Now’ Prepaid Internet, Mobile Brand Nationwide
Comcast said its Now Internet and Now Mobile prepaid services are now available nationwide across the cable operator’s footprint. The Now …
ChatGPT Maker OpenAI To Unveil Google Search Competitor On Monday
OpenAI plans to announce its artificial intelligence-powered search product on Monday, according to two sources familiar with the matter, …
Vice Media Partners With Savage Ventures To Relaunch Digital Brands
Vice Media said Thursday it will create a joint venture with Nashville-based Savage Ventures to relaunch its digital properties, …
Maryland Enacts Privacy Law Opposed By Ad Industry
Maryland Gov. Wes Moore on Thursday signed a privacy law that imposes tough new restrictions on online data collection and ad …
KXAS Dallas, WTVF Nashville Pick Up Peabody Awards
KXAS Dallas-Fort Worth and WTVF Nashville have won 2024 Peabody Awards. Given out by the University of Georgia’s Grady College of Journalism …
Scripps Q1 Station Revenue Climbs 13%
The increase to $353 million was driven by increased political advertising and distribution revenue. For the company as a whole, total Q1 …
Dow Climbs 331, Nasdaq Adds 44, S&P Rises 26
Wall Street rose Thursday to pull the S&P 500 back within 1% of its record. A report showing a pickup in layoffs helped to support the …
David Loving Named President-GM Of KHOU-KTBU Houston
Tegna moves him from GM of WOI-KCWI Des Moines, Iowa, to oversee its Texas CBS-Quest duopoly.
NAB Leadership Foundation And For A Bright Future Foundation To Partner
Today, the National Association of Broadcasters Leadership Foundation (NABLF) announced a partnership with the Foundation For A Bright …
Sinclair Looking At Selling Roughly 30% Of Its Stations, Sources Say
The company has hired Moelis as its investment banker and has identified more than 60 stations in various regions of the U.S. that it would …
Telemundo Aims To Build On Ratings Momentum At Upfront
The Spanish-language broadcaster unveils a lineup that includes a sequel to El Senor de los Cielos and two new unscripted series alongside …
Sook Sees Growth — But Not Streaming — In His Nexstar Crystal Ball
The Nexstar CEO tells analysts: “If I had to bet, I would bet the company will be larger three years from now than it is today. What …
Allen Media Renews, Expands Carriage Deal With Hawaiian Telcom
The multiyear agreement also includes launch of two additional cable networks and continued carriage of AMG’s KITV and KIKU Honolulu.
Warner Bros. Discover’s Q1 Advertising Dips, But Streaming Is Profitable
Overall, revenue of $9.958 billion was down from the year before and shy of Wall Street expectations, of over $10 billion. Ditto with net …
Nexstar’s Q1 Net Revenue Rises 2.1%
The total of $1.284 billion was attributed to increased distribution revenue and higher political revenue of $39 million.
Sony And Apollo’s Plan For Paramount: Break It Up
CBS and other well-known properties would be sold if Sony and Apollo were able to buy Paramount. But the new owners would keep the movie …
Political And Distribution Money Push Sinclair
In discussing Q1 performance, Lucy Rutishauser, Sinclair’s CFO, reported that “as compared to last year, consolidated media revenues …
Dow Rises 172, Nasdaq Slips 30, S&P Finishes Flat
Wall Street's lull stretched to a second day as indexes finish mixed Wednesday.
Gray Announces Quarterly Cash Dividend Of $0.08 Per Share
Gray Television announced Wednesday that its board of directors has authorized a quarterly cash dividend of $0.08 per share of its common …
Sinclair 1Q Revenue Rises 3%
The increase to $798 million was driven by the Local Media segment, which grew to $792 million from $766 million in the same quarter a year …
Warner Bros. Discovery Plans Fresh Cost Cuts, Hike In Max Price
Warner Bros. Discovery CEO David Zaslav has ordered his lieutenants to find additional opportunities for cost-cutting in order to hit …
Political, Sports And Premion Have Tegna Fired Up
Dave Lougee, president-CEO, said Tegna stations cover six of the seven swing states that are likely to impact the presidential race. In …
EchoStar Loses 213,000 Dish & 135,000 Sling TV Subscribers In First Quarter
EchoStar lost about 348,000 net pay TV subscribers in the first quarter, compared with a drop of 552,000 in the year-ago period, the company …
Meta To Provide Advertisers With Automated Image, Text Variations For Ads
As artificial intelligence becomes increasingly integrated into advertising, Meta is introducing new ways marketers can use generative AI …
Nexstar Pitches Sports On The CW, Extra Reach Via Stations
If upfront advertisers are looking for reach, Nexstar Media Group believes its base of local stations gives it a unique way to achieve that …
Murdoch Bullish On Sports JV, Tubi, Political Spend
Talking with analysts, the Fox CEO described the still-unnamed joint venture with Disney and Warner Bros. Discovery that’s now in beta as …
Fox Swings To Quarterly Profit Despite Slump In Ad Revenue
Fox Corp. said it swung to a profit in its fiscal third quarter despite slumps in advertising revenue, largely due to the absence of charges …
Tegna Q1 Revenue Dips 4%
The decrease to $714 million is attributed to lower subscription revenue and advertising and marketing services revenue.
WOW! Weighs Takeover Offer From Private Equity
Englewood, Colo.-based cable operator WideOpenWest (WOW!) canceled the Q&A portion of its first-quarter earnings report Tuesday, as a …
Global Optimized Ad-Fraud Rates Decline, But AI Presents Challenges
Worldwide fraud rates for optimized ad campaign meant to protect brands fell to all-time lows in the second half of 2023, but those …
NBCUniversal Will Pitch Combination Of Content, Tech In Upfront
Advertisers are looking to reach the right audiences and tell their stories inside compelling content, Karen Kovacs, president of client …
Comscore Posts $5.2 Million Loss In 1st Quarter
Measurement company Comscore’s net loss was $5.2 million, or $1.08 a share in the quarter, compared to a loss of $12.5 million, or $2.66 a …
Station Trading Roundup: 1 Deal, $200,000
The purchase of WZPK-LD Monticello, N.Y., by Hudson TV tops the latest list of TV station transactions submitted to the FCC for its …
Greg Retsinas Upped To GM Of KGW Portland
Tegna promotes the news director to oversee operations at its NBC affiliate in Oregon and southwest Washington.
Dow Adds 32, Nasdaq Slips 17, S&P Edges Up 7
Wall Street drifted to a mixed finish in a quiet day of trading on Tuesday.
Positive 2024 Predictions From Gray
Growing digital ad biz, political revenue, local ads and FAST revenue touted to analysts.