The President/CEO of America's Public Television Stations says the organization is "deeply concerned" by a late-night Executive Order signed by President Trump on May 1 that directs the Corporation for Public Broadcasting to stop direct and indirect funding of both PBS and NPR.
The acquisition is expected to be completed in the second quarter, pending customary closing conditions. The total purchase price is $185 million in cash, which includes $75 million held back that is tied to meeting performance goals and milestones over the next two years.
The White House has trumped Congressional Republicans who have sought a cessation of federal funding for the noncommercial educational organizations that are not FCC licensees but provide programming to broadcast stations across the U.S. and its territories. An Executive Order directing CPB to cease funding has come.
Graham Holdings Company, the diversified publicly traded business that is parent to Graham Media Group, this week released its Q1 2025 earnings report. How did the broadcast TV division, led by Catherine Badalamente, do? Revenue was on the decline in the first three months of this year.
U.S.-based employers announced 105,441 cuts in April, down 62% from the 275,240 job cuts in March. But, it is up 63% from the 64,789 cuts announced in the same month last year, global outplacement and executive coaching firm Challenger, Gray & Christmas reports.
Nexstar Media Group CFO Lee Ann Gliha will be representing the company she works for at an institutional investor affair on May 14 in Boston, and again on June 5 in a venue familiar with Forecast conference attendees.
The Corporation for Public Broadcasting (CPB) has awarded the latest in a series of grants to prioritize local reporting, with a big grant being given to the Appalachia + Mid-South Newsroom (AMSN).
The two television stations owned by Nexstar Media Group serving Erie, Pa., now have a new VP and General Manager. He arrives at the stations after 7 1/2 years at Sinclair Inc., working in Oklahoma.
As RBR+TVBR first reported on January 16, Patricia and Brian Lane successfully struck a deal for their company to purchase a quartet of TV stations in two small West Coast markets from Imagicomm Communications. That transaction, which saw Kalil & Co. serve as the strategic advisor, has now closed.
That's the message being shared on May 1 by Nielsen as it debuted "The Ad Supported Gauge," a new quarterly report offering a comprehensive look at the segment of television that delivers advertising across broadcast, cable and streaming.
A proposal that many radio broadcast station owners disapprove of appeared to advance out of the Senate Commerce Committee during its Wednesday session and move on to a floor vote by the full Senate. But, that piece of legislation particularly disliked by AM radio station owners, is on hold thanks to a technicality.
In a move that differentiates the organization from many of the nation's largest radio broadcasting companies and the NAB, the leading advocacy group representing Black-owned station owners has asked the FCC not to weaken the rules establishing "subcaps" for both AM and FM radio in the U.S.
A legendary New York Hip-Hop personality. A longtime West Coast AM talk duo. A Rock & Roll Hall of Famer. They are just three among this year's 24 nominees for entry into the Radio Hall of Fame.
In May 2023, Karen McCrary Mitchell was named Market President for two iHeartMedia markets in the Mid-South. Now, a successor has been named, taking control of the company's radio stations in those two locales.
While digital dollars are on the rise, macroeconomic issues continue to cloud Cumulus Media's P&L sheet while the end of a partnership with The Daily Wire — producer of "The Ben Shapiro Show" and founded by the conservative talk host a decade ago — also impacted the bottom line.
It's a FM broadcasting buccaneer in the Bay State, but it's being investigated by the New York office of the FCC Enforcement Bureau. And, its landlord has just been handed a Notice of Illegal Pirate Radio Broadcasting — an official warning to shut down or else.
There's another tweak to just how and when the Marconi Radio Awards will be bestowed upon their respective honorees, and it sees a shift outside of the NAB Show New York annual conference — an event that was eyed as a locale that could win over former attendees of the former annual Radio Show.
It's a city etched into the fabric of American history and today home to an AM radio station with an FM translator branded as "Happy 93.7." Soon, these facilities and a nearby Class A FM covering the Harrisburg and York, Pa., markets, will be woven into the expansive network of noncommercial Christian Contemporary stations under the K-LOVE banner.
The flow of exiting Chief Executive Officers slowed in March, while staying flat from February in the Media sector. That's welcome news as the first three months of 2025 resulted in record CEO turnover, new data from Challenger, Gray & Christmas show.
What happens when you fail to pay your regulatory fees associated with an AM radio station for 2013, 2014, 2015, 2016, 2022 and 2023, and it's nearly halfway through 2025? You pay up or show cause as to why you can't. A station owner in Kentucky has 60 days to do just that.