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Radio+Television Business Report

FCC Proposes Fines Against More Miami Radio Pirates

Radio+Television Business Report
4 months ago
For more than 25 years, unlicensed radio broadcasts have littered the FM dial from West Palm Beach to Homestead, Fla. Today, broadcasting buccaneers persist across South Florida. Now, the FCC seeks to stop two elicit airwaves users in Miami-Dade County.
Adam Jacobson

Carr at Semafor Summit: A Flag-Waving Fight For What’s Right

Radio+Television Business Report
4 months ago
FCC Chairman Brendan Carr had much to share on Thursday in a "Fireside Chat" at digital media publication Semafor's "Innovating to Restore Trust in News Summit" — an event that also saw the head of NPR defend its underwriting policies as it is being probed by the Commission for potential non-comm licensee violations.
Adam Jacobson

Gow Media Selects AudioVAULT 11 to Power Two Stations

Radio+Television Business Report
4 months ago
When it came time for an AM radio station serving Vietnamese-language audiences in Houston and its ESPN Radio-branded sibling to upgrade their automation system, the Gow Media properties opted for a product from Broadcast Electronics.
Adam Jacobson

For iHeartMedia, Revenue Gains Come In Q4

Radio+Television Business Report
4 months 1 week ago
The nation's No. 1 audio content creation and distribution company concluded a long parade of companies presenting their fourth quarter 2024 earnings reports on Thursday. And while the day began with a sobering fiscal health review from Cumulus Media, industry peer iHeartMedia shared Q4 results that saw net income rise and adjusted EBITDA increase, too.
Adam Jacobson

A Regional Podcasting Hub In Qatar, Powered By iHeart

Radio+Television Business Report
4 months 1 week ago
The company that boasts it is the parent to the largest podcast network in the world has signed a multi-year partnership with the government of Qatar, in the Middle East, with the intent of creating "a thriving podcasting industry" in the region and in nearby North Africa.
RBR-TVBR

Nexstar Stock Spikes As Investors Cheer Its Financial Health

Radio+Television Business Report
4 months 1 week ago
"Our fourth quarter financial results mark a strong finish to another successful year for Nexstar in which we delivered $5.4 billion in total net revenue — the highest in our company's 28-year history," Nexstar CEO Perry A. Sook said as he opened the company's Q4 earnings call. Was he downplaying Nexstar's fiscal health?
Adam Jacobson

CES Ignites Battle Over ATSC 3.0 Transition Mandate

Radio+Television Business Report
4 months 1 week ago
Would MVPDs and voices of the cable television industry protest a NAB petition with the FCC requesting mandated transition dates for TV stations to adopt ATSC 3.0 broadcast signals? Perhaps. If so, the Consumer Technology Association, which had fought against the AM Radio for Every Vehicle Act, has their back.
Adam Jacobson

Scripps To Delay Its Q4 Report Release, Earnings Call

Radio+Television Business Report
4 months 1 week 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

Tower Theft Victim Finds New Life Under Acting GM

Radio+Television Business Report
4 months 1 week 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

Local News In Spanish, Thanks To AI, Across Four Sinclair Stations

Radio+Television Business Report
4 months 1 week 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

Gray Media: Assembling A Strong NTR Generator

Radio+Television Business Report
4 months 1 week 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

The New Head of CBS News: Inbound From KGO-TV

Radio+Television Business Report
4 months 1 week 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

Five Years After COVID-19, Cumulus’ Financial Health Still Weak

Radio+Television Business Report
4 months 1 week 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

The Future For TEGNA: Buyer or Seller?

Radio+Television Business Report
4 months 1 week 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

Political Dollars Power TEGNA In Q4

Radio+Television Business Report
4 months 1 week 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

Cumulus Drops ‘Poison Pill’ Plan as Takeover Concerns Fade

Radio+Television Business Report
4 months 1 week 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

Sinclair’s Q4 Report: A Revenue Miss With an EPS Beat

Radio+Television Business Report
4 months 1 week 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

FCC Seeks Comment on Loud Commercial Rules

Radio+Television Business Report
4 months 1 week 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

Three Gray Markets In Tennessee Get Grizzlies Games

Radio+Television Business Report
4 months 1 week 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

Audacy Expands Its CBS Podcast Sales and Distribution Deal

Radio+Television Business Report
4 months 1 week 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

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