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Deb McDermott Sells Her Standard Media Shares

Radio+Television Business Report
4 years 4 months ago

In May 2019, Deb McDermott gained the industry’s attention for the acquisition of television stations in Providence, R.I., and Lincoln, Neb., by the company she holds the title of CEO for, Standard Media Group. Six months later, Standard Media added nine properties from Waypoint Media in a deal valued at $59.2 million.

The deals cemented Standard Media’s role as a acquisitor, with McDermott, who is perhaps best-known in the media world for her association with ABC affiliate WKRN-2 in Nashville, partnering with Soo Kim on the company’s build-out.

Now, as 2021 begins, McDermott is shedding her ownership interest in the two stations acquired in May ’19.

A 27-page document uploaded to the FCC’s LMS proposes the transfer of control of 100% of the membership interests of Standard Media Group LLC from McDermott Communications to Paducah Television Operations LLC.

Translation: McDermott’s equity interest is being transferred to Soo.

To illustrate the change, an organizational chart was submitted to the Commission. Pre-transfer, McDermott controls Standard Media Group, and under that WLNE-6 in Providence, R.I., and KLKN-8 in Lincoln, Neb.

The McDermott-led group purchased the stations from Citadel Communications LLC for $83 million.

Post-transfer, Standard Media would be a unit of Paducah Television Operations, housed under Soo-controlled CNM Television Holdings, a division of his Community News Media LLC.

Soo Kim has generated much attention over the last year. As a dissident shareholder of TEGNA, he attempted (and ultimately failed) to win a seat on the board and gain control of the broadcast TV company. He’s also in partnership with Emmis Communications founder and CEO Jeff Smulyan, as Managing Member of the entity holding attributable interest in Mediaco — now the licensee of WBLS-FM & WQHT-FM in New York.

Is there a financial obligation tied to this transfer request, which awaits FCC approval?
Yes. Sort of.

A $55,803,225.17 Amended and Restated Floating Rate Subordinated Convertible Note, dated Dec. 10, 2020, appears to be integral to the transaction. The note holder is Soo’s Paducah, and it is exercising a conversion option.

What does this mean? It’s complex but it appears McDermott is acquiescing her ownership interest in the stations in return for the multi-million dollar loan, which has a maturity date of March 5, 2023.

Why? A plausible explanation is that Soo is assisting McDermott on closing the Citadel transaction consummated nearly 1 1/2 years ago, as some $27,196,774.83 may have been paid thus far in a deal struck before anyone knew the COVID-19 pandemic would strip local TV of ad dollars across much of 2020.

And, with Nebraska and Rhode Island far from political hot spots, the election-year windfall could have been peanuts compared to what was seen in Florida, Georgia or Arizona.

Serving as legal counsel on this transaction is Scott Flick of Pillsbury Winthrop Shaw Pittman. He was not immediately available for comment when reached by RBR+TVBR.

Adam Jacobson

An Exit From Broadcasting Brings Another EMF Market Entry

Radio+Television Business Report
4 years 4 months ago

A broadcasting veteran of more than 50 years is calling it quits, and heading into retirement. But, who in the midst of a pandemic would want to invest in an AM/FM combo serving a rural area of Virginia between Richmond and Lynchburg?

Look no further than the No. 2 licensee by number of radio stations in the U.S.

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Adam Jacobson

Nexstar Selects Its FY2020 Earnings Release Date

Radio+Television Business Report
4 years 4 months ago

What pandemic slowdown?

After dipping to nearly $56 per share on March 18, as concerns surrounding the domestic spread of the COVID-19 virus reached fevered heights, Nexstar Media Group stock started its slow climb back to where it was in early Q1 2020.

While NXST is beginning 2021 roughly $20 per share below where it was on February 12, 2020, investors should hardly be upset. Tuesday afternoon trading saw shares trading in the mid-$108 range.

Now, with news that noted journalist Ashleigh Banfield is joining WGN America to helm a 10pm ET hour-long news and newsmakers show, following News Night, investors should have plenty to cheer about come Tuesday, Feb. 23.

That’s when Nexstar will release its Q4 and full-year 2020 results. The numbers will be distributed prior to the Opening Bell on Wall Street, and a 9am conference call will see C-Suite executives discuss the results.

With a new NBC affiliation agreement just inked and ownership of stations such as WSAV-3 in Savannah, Ga., where political dollars for two U.S. Senate runoff races to be decided today were high, Nexstar seemingly has nothing but positives to share.

That’s what Zacks Equity Research thinks. “Investors might want to bet on Nexstar, as earnings estimates for this company have been showing solid improvement lately,” it said in early December. “The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.”

For Q4, the company is expected to earn $6.44 per share, which is a change of +172.88% from the year-ago reported number.

For the full year of 2020, the company is expected to earn $16.14 per share, representing a year-over-year change of +236.25%.

What’s Zacks’ bottom line? “Nexstar shares have added 28% over the past four weeks,” it said one month ago, when shares were $110.80. “[This suggests] that investors are betting on its impressive estimate revisions.”

Adam Jacobson

Diya Invests In Greater S.F. Bay Area Coverage

Radio+Television Business Report
4 years 4 months ago

In the San Francisco Bay Area, South Asians seeking programming devoted to Indian, Pakistani and Sri Lankan culture, news and music have had access to Ravi Kapur‘s Diya TV on the DT2 signal of KTSF-26, the multicultural broadcast station led by Jack Schwartz and owned by Lincoln Howell that just inked a fresh measurement deal with Nielsen.

Soon, local viewers will now have another way — and, perhaps, easier way — to view Diya TV.

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Adam Jacobson

Lack of Funding Hampers PIRATE Enforcement

Radio World
4 years 4 months ago

The head of enforcement for the Federal Communications Commission says efforts to implement the new PIRATE Act against illegal radio stations have been hampered by the pandemic as well as a lack of funding from Congress.

Rosemary C. Harold, the chief of the FCC Enforcement Bureau, submitted the commission’s first annual report to Congress about its pirate radio work, as required in the act that became law a year ago.

That law raised the amount of fines the FCC can issue, up to $100,000 per day and $2 million total, and it expanded the definition of who can be fined to include people who “willfully and knowingly” help pirate radio operations.

The commission did report some enforcement activity for the year, as listed below. But Harold identified two issues that have limited its work.

Obstacles

First, the FCC in March implemented a mandatory telework policy. That complicated the work of pirate enforcement, which requires agents “to engage in significant, in-person activities to gather evidence, including witness statements and technical measurements of a pirate station’s operations.”

Second, the commission has received no funding to implement the PIRATE Act, she wrote.

“The Congressional Budget Office and the commission both estimated that it would cost $11 million for the commission to implement the Act,” she said.

“And yet, the PIRATE Act itself contained no appropriation or other funding source to cover its implementation costs. And because the commission’s FY 2021 budget ceiling level was established by the Office of Management and Budget on December 3, 2019, before Congress adopted the PIRATE Act, the commission did not have an opportunity to incorporate costs related to the implementation of the PIRATE Act during the president’s fiscal year (FY) 2021 budget process.”

The FCC also is supposed to conduct “sweeps” at least once a year in five markets that have the most pirate radio activity. It began studying this but the lack of funding and the pandemic-related restrictions prevented any sweeps.

Harold said the bureau’s ability to fully conduct the sweeps “will remain subject to obtaining new funding through the appropriations process” as well as the end of the pandemic.

And the FCC was supposed to develop a public database by April 2020 that listed all licensed AM and FM stations, as well as all entities that have received a notice of unlicensed operation, notice of apparent liability or forfeiture order.

But that too didn’t happen because of lack of appropriated funds.

Activities

Nevertheless, the Enforcement Bureau was not idle in 2020.

Harold cited new efforts to inform property owners and property managers of apparent pirate broadcasts from their properties and to describe the potential consequences to the property owner or manager. The first notices were issued in New York last month, as we’ve reported.

“Although these ongoing proceedings are in their early stages, initial discussions with the property owners have been promising,” Harold told Congress. The FCC is also doing more general outreach to educate commercial and residential property owners and managers.

The law also encourages the commission to skip the usual step of issuing a notice of unauthorized operation and proceed instead directly to a notice of apparent liability for forfeiture. The Enforcement Bureau implemented that in December.

And on the enforcement side, Harold listed several actions including the settlement of two long-running investigations. Acerome Jean Charles and Gerlens Cesar separately agreed to monetary settlements including “significant suspended” penalties that would be triggered if they resumed operations.

The post Lack of Funding Hampers PIRATE Enforcement appeared first on Radio World.

Paul McLane

TEGNA Stations Tossed By Mediacom As Retrans Talks Crumble

Radio+Television Business Report
4 years 4 months ago

Mediacom cable TV service subscribers in 12 DMAs across the U.S. presently lack access to at least one of their home market’s Big Four affiliates.

Why? Of course it’s another retransmission consent impasse, which has led Mediacom — by law — to drop such stations as WWL-4 in New Orleans, KARE-11 in Minneapolis and KPNX-12 in Phoenix from its respective market lineups.

The MVPD puts the blame on TEGNA, the stations’ owner. TEGNA feels otherwise.

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“You may have noticed that certain TV channels are currently unavailable to you. Please know these channels have been blocked by their owner, TEGNA Inc.”

That’s how Mediacom is explaining the loss of all TEGNA-owned stations from its channel lineups in DMAs as disparate as Norfolk, Tucson, St. Louis and Des Moines.

In its own interpretation of events, Mediacom assured its customers that the decision to “blackout” the channels “was not made by Mediacom.”

It said, “Our contract with TEGNA expired on December 31, 2020, at 5pm Eastern. At that time, we were ordered by TEGNA to stop carrying their stations, despite the fact that we were offering to pay a significant increase over our previous contract. Under federal law, we can’t carry a station unless the owner grants us permission to do so.”

The last sentence is undisputed as fact. The rest of Mediacom’s statement was addressed by TEGNA in a statement appearing on the websites for its impacted stations, such as WQAD-8, the ABC affiliate serving the Quad Cities of Illinois and Indiana.

The TEGNA station explained, “WQAD is currently not available on Mediacom. That means Mediacom is taking away your access to your favorite ABC programming.”

With agreements in place with Dish, DirecTV and Comcast in the DMA that includes Bettendorf, Moline and Davenport, TEGNA said, “Unfortunately, Mediacom refused to reach a fair, market-based agreement with us, which is why our station is not currently available on Mediacom.”

Who is correct is likely of little consequence to the “hard working residents of rural Alabama, Arizona, California, Georgia, Iowa, Illinois, Kentucky, Minnesota, Mississippi, Missouri, North Carolina, and Virginia” — customers Mediacom said would need to absorb the costs of any price interest it cannot agree to in its quest to reach a retrans deal with TEGNA.

Mediacom, the nation’s fifth-largest MVPD, does not explain why the cost would need to be passed on to customers. Mediacom is privately owned by empresario Rocco Commisso, owner of Italian pro soccer team ACF Fiorentina and the MLS’s reborn New York Cosmos.

Mediacom’s 2019 operating income was $808 million.

According to the company’s annual fiscal report, Mediacom’s revenues were $2.031 billion for the year ended December 31, 2019.

Will a new deal come soon?

Maybe not.

“Mediacom is continuing to work hard to achieve a viable and affordable solution; however, the decision to pull the stations from your channel lineup rests entirely with TEGNA,” it says in an online microsite for Mediacom customers.

Will WQAD ever be back on the Mediacom system?

“We hope so,” TEGNA says. “It is really up to Mediacom to decide. We are committed to reaching a fair deal. If Mediacom is willing to make the same commitment, then we are confident that we can get an agreement that restores our station to the Mediacom lineup.”

Adam Jacobson

The InFOCUS Podcast: Caroline Beasley

Radio+Television Business Report
4 years 4 months ago

Beasley Media Group is officially observing its 60th anniversary.

In this new RBR+TVBR InFOCUS Podcast, presented by DOT.FM, CEO Caroline Beasley shares a little about the company’s legacy — and what will eventually culminate in a special anniversary day in December.

Why did company founder George Beasley invest in an AM radio station in Benson, N.C., and why in December 1961 did he desire to own a radio station?

What is Beasley’s place in history with the growth of FM radio, and HD Radio?

Caroline Beasley shares the answers and more!

Listen to “The InFOCUS Podcast: Caroline Beasley” on Spreaker.

Adam Jacobson

EBU Welcomes New Board

Radio World
4 years 4 months ago
The EBU is based in Geneva, Switzerland.

The EBU has a new executive board, elected at its General Assembly in December.

The European Broadcasting Union is an alliance of public service media organizations. Its board will serve for a two-year period starting this month.

“Nine board members will join the EBU’s new President Delphine Ernotte Cunci (France Télévisions) and Vice-President Petr Dvořák (Czech TV) to help lead the EBU over the next two years,” it announced.

Headshots of the new EBU board

Thomas Bellut, Monika Garbačiauskaitė-Budrienė and Fran Unsworth join the board for the first time. Alexander Wrabetz rejoins after a four-year absence.

Bellut has been director general of ZDF since 2012. Garbačiauskaitė-Budrienė was appointed director general of Lithuanian National Radio and Television in 2018. Unsworth runs the BBC’s news and current affairs programming and is a member of the BBC board as well.

Wrabetz has served as director general of ORF since 2007 and was an EBU board member from 2011–2016.

Cilla Benkö has been appointed for her fifth term as an EBU Board Member while Marcello Foa, Giacomo Ghisani, Sebastian Sergei Parker and Gonçalo Reis will be serving for a second term.

Ernotte Cunci noted the “balance of the geographical, economical and cultural diversity of the EBU members” in the composition of the board and that it includes three women for the first time.

Tony Hall of the BBC has served as president of the EBU for the past two years.

Executive Board Line-Up

President: Delphine Ernotte Cunci, CEO, France Télévisions (France)
Vice-President: Petr Dvořák, Director General, Czech TV (Czech Republic)

Thomas Bellut, Director General, ZDF (Germany)
Cilla Benkö, Director General, SR (Sweden)
Marcello Foa, President, Rai (Italy)
Monika Garbačiauskaitė-Budrienė, Director General, LRT (Lithuania)
Giacomo Ghisani, Acting Director General, RV (Vatican State)
Sebastian Sergei Parker, Deputy Director General, Channel One (Russia)
Gonçalo Reis, President and CEO, RTP (Portugal)
Fran Unsworth, Director of News and Current Affairs, BBC (UK)
Alexander Wrabetz, Director General, ORF (Austria)

The post EBU Welcomes New Board appeared first on Radio World.

Paul McLane

Andy Luberda Dies, Was Skyview Ops Manager

Radio World
4 years 4 months ago

A GoFundMe page has been created to assist the family of Andy Luberda, who died in late December from complications of COVID-19.

Luberda, 51, was the longtime operations manager of Skyview Networks, which announced his death. The support page is https://www.gofundme.com/f/in-loving-memory-of-andy-luberda.

Luberda joined the satellite distribution and syndication company in 2012 as a board op in its Broadcast Operations department, according to the company.

“In this role, he was responsible for the quality and execution of professional sports play-by-play broadcasts, showing leadership, reliability and passion,” it stated. “His love of sports combined with his approachable and warm personality made him a valued leader and friend to his colleagues.”

Skyview’s Director, Communication & Special Projects Renee Smith said Luberda took on additional projects that included managing ABC News Radio overnight broadcasts.

“In 2015, Andy was promoted to operations manager, where he focused on managing one of the company’s largest clients, TuneIn. In this role, he monitored and managed over 70 collegiate football and basketball live audio streams and 24/7 news and weather content.”

Luberda’s son Kade also joined the company in 2016 as a board operator.

Colleague and manager Aaron Mellis remembered Andy Luberda’s “warm heart and genuine care for his colleagues.”

According to his obituary Luberda was a graduate of Arizona State University. “His passion was being an avid sports writer for a multitude of high schools in Arizona,” the obituary states. “It brought him great joy when an athlete was recognized and signed by a college; but his greatest passion was spending time with his grandkids and just being their Grandy.”

The benefit page is to raise funds for medical and memorial costs and to provide financial support for his son.

The post Andy Luberda Dies, Was Skyview Ops Manager appeared first on Radio World.

Paul McLane

MSA Recalls Some of Its Lifelines

Radio World
4 years 4 months ago
A lifeline product image from the MSA site; see the safety notice for guidance about which products are affected.

Share this item with the person who climbs your tower: Safety equipment maker MSA has issued a user safety notice about one of its products.

“MSA has received field reports of a limited number of Latchways Standard Self-Retracting Lifelines (SRL) in which some internal bolts came loose,” the company wrote.

It said it has not received reports of injuries associated with the condition, but it advises customers to remove relevant ones from service and return them to the company.

It published information so users can determine if their particular units are affected.

“Over time, the loose bolts will be identifiable by the user as extraction of the cable from the SRL housing will no longer be possible. However, MSA’s investigation has determined that this may be preceded by a window of time in which a fall may not be arrested.”

The company will rework the product at no cost.

The notice was issued by Nathan Andrulonis, the company’s director of product safety.

The alert was forwarded by NATE, the Communications Infrastructure Contractors Association, as an urgent industry safety alert.

Read the notice.

The post MSA Recalls Some of Its Lifelines appeared first on Radio World.

Paul McLane

Hearst Ups Finance Leader To Distribution Role

Radio+Television Business Report
4 years 4 months ago

Since 2018 he’s been the Senior Director of Finance at Hearst Television.

Now, he will serve as Hearst’s VP of Distribution.

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RBR-TVBR

Gould Given Additional Role As Salem’s Colo. Springs GM

Radio+Television Business Report
4 years 4 months ago

Colorado Springs is known as the home of the Garden of the Gods.

Now, Christopher Gould is gaining the top leadership role for two Salem Media Group stations in the market devoted to the word of God, along with its Conservative Talk sibling.

Gould, who serves as Salem’s SVP of National Program Development/Ministry Relations, will be relocating to the Colorado market, where he will continue in his current role while adding day-to-day General Manager duties for Worship Music-focused KBIQ-FM 102.7, Christian Talk & Teaching KGFT-FM 100.7 and (KBIQ-FM), 100.7 (KGFT-FM), and conservative News/Talk KZNT-AM 1460 “The Answer,” simulcast on K266CK at 101.1 MHz.

He will also oversee the Colorado Springs division of Salem Surround.

“I am confident under Chris’ strong leadership we will see these stations grow in both influence and financial performance and that our service and support of our National Ministry partnerships will continue to thrive,” says Salem Broadcast Media President Dave Santrella.

Gould has been with Salem for nearly two decades, initially running Salem’s cluster of stations in Tampa before being promoted to VP of National Program Development in 2011. In 2018 Gould was promoted to SVP.

 

RBR-TVBR

EMU Energizes Its Football Fans With Hitachi Help

Radio+Television Business Report
4 years 4 months ago

At Eastern Michigan University (EMU) in Ypsilanti, Mich., the Department of Athletics is relentlessly committed to providing great experiences for both fans and student-athletes while building champions in the classroom, in the community, and in competition.

When the university upgraded its football venue with a massive new scoreboard in 2019, it purchased four Z‑HD5000 HDTV cameras from Hitachi Kokusai Electric America, Ltd. (Hitachi Kokusai) to enhance fan engagement while meeting the challenge of shooting high-quality video on the stadium’s distinctive playing surface.

The centerpiece of the technology refresh at the 30,200-seat Rynearson Stadium is a new 53-foot high by 29-foot wide Daktronics LED video display screen. The second-largest video board in the NCAA Division I Mid-American Conference (MAC), the new scoreboard is more than three times larger than the venue’s previous, resolution-limited screen. The display overhaul was accompanied by control room and camera upgrades as EMU Athletics began producing in-venue football programming for the first time.

“With the old video board, we just took an analog signal from the broadcast feed, and cut in occasional footage from older cameras,” said Greg Steiner, Associate Athletic Director, Media Relations at EMU. “We needed to enhance the in-venue experience, as when fans come into the stadium and watch our video board, their expectations have been set by what they see on television. We strive to provide unique on-site opportunities that fans can’t get at home, while also delivering what they already expect to see from TV.”

Supplied by systems integrator AVI-SPL, three of the Hitachi cameras are deployed in fixed positions on tripods. The fourth Z-HD5000 is equipped with a Teradek wireless transmitter, enabling the camera operator to go into the stands and roam the venue.

Steiner notes that the Hitachi cameras do an exceptional job capturing games in EMU’s unusual football environment. “We’re one of only three FBS (Football Bowl Subdivision) schools that don’t play on a green field, and the only grey field at the Division I level,” he explained. “Getting a good picture against it can be tough with other cameras. Grey can get washed out really fast if you don’t have high-quality cameras and the ability to dial in directly to the true colors. The Z-HD5000s handle it very well.”

The newly-acquired cameras are EMU’s second Z-HD5000 purchase, joining four units acquired in 2013 – and still going strong – that are dedicated to the university’s 8,000-seat Convocation Center. In addition to driving in-venue video board shows for the EMU Eagles’ basketball, volleyball, and gymnastics events in that arena, the earlier cameras have been used on more than 185 live broadcast productions for the ESPN+ streaming service as well as university events such as graduations.

Together, the new and earlier Hitachi cameras also provide valuable, hands-on video production experience for students in the school’s Communication, Media & Theater Arts (CMTA) department, as well as students enrolled in other programs but interested in sports production. “We have higher-end equipment in Athletics than they may use in their own courses,” said Steiner. “Working on our productions lets them earn internship credit while getting experience on broadcast-class equipment that they may eventually use professionally, and they get to put on their resume that they worked on productions for ESPN+. That helps them get work for the major networks once they graduate.”

EMU has been very satisfied with the visual quality provided by the Z-HD5000 cameras, as well as their durability in students’ hands. “You know what you’re going to get every time you turn them on – great clarity, accurate color reproduction, and the ability to dial them in from the control room exactly as you need,” praised Steiner. “To know that they are forgiving enough with students is also a big selling point. Some of our college counterparts use more prosumer-level equipment and it breaks down much faster, so their turnover of gear is much faster than ours.”

Beyond the technical benefits of the cameras, Steiner lauds the possibilities they have enabled for the school and its students. “I cannot say enough great things about the opportunity that working with Hitachi cameras has presented us as a university and as an athletic department,” he said. “Putting these cameras in students’ hands lets us deliver an opportunity for their personal development while creating a program that lets us showcase our student-athletes to our fans. Hitachi Kokusai has been a great partner throughout the process to deliver exactly what we needed in terms of video.”

— Brian Galante

RBR-TVBR

MMTC Selects A Policy VP

Radio+Television Business Report
4 years 4 months ago

A powerful advocate who “is deeply committed to resolving issues that disproportionately impact” African-American and multicultural communities across the U.S. — including access to broadband, AI and civil rights, and media diversity — has been selected to serve as VP of Policy at the Multicultural Media, Telecom and Internet Council (MMTC).

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Adam Jacobson

Vantage Advantage: IMF File Production, Delivery Simplified

Radio+Television Business Report
4 years 4 months ago

Enhancements to Telestream‘s CaptionMaker authoring software and the Vantage Media Processing Platform have been brought to market.

They provide “all the production tools” required by major broadcast networks and content distributors who have standardized on the Interoperable Master Format file-based delivery format.

In particular, CaptionMaker and Vantage Timed Text Flip now support IMSC 1.1, the latest
version of the SMPTE standard for subtitling and captioning.

IMSC is of particular importance in the preparation of IMF packages, and Telestream says no other technology vendor offers workflow automation combined with the caption and subtitle processing capabilities offered in Vantage and CaptionMaker.

“Using CaptionMaker, users can author, edit, encode and repurpose video captions and subtitles,” it says.

Then, using Vantage, they can include these media files in automated workflows for file transformation as needed when creating primary and supplemental IMF packages.

“With CaptionMaker, users create video captions and subtitles for television, web and mobile delivery,” Telestream notes. “CaptionMaker simplifies the process of complying with government regulations, enabling greater access to broadcast content for television, online and mobile viewers. The latest release supports IMSC 1.1 and contains several other enhancements including improved caption and subtitle rendering that makes them crisper and easier to read.”

Also, Vantage Timed Text Flip provides full support for IMSC, including version 1.1. IMSC is
required for IMF packages. Users that need to deliver video content to TV or Internet can
use Vantage and Timed Text Flip to transcode captions and subtitles with their media within
a single, automated workflow. This type of automation can help a variety of organizations
meet government mandates in a file-based workflow.

In addition, Vantage IMF Producer automates the creation of IMF packages from Adobe
Premiere Pro. Using a Vantage panel within Adobe Premiere Pro provides direct access
and significant workflow efficiencies for editors. IMF Producer automates the creation of all
files required in an IMF package from a single output render of an Adobe Premiere Pro
timeline. As well as generating the primary package, editors can create additional
sequences, which become supplemental IMF packages that contain different versions of
audio, subtitles, edit points, Dolby Vision HDR metadata and more.

“As a file-based delivery format, IMF is gaining widespread support from the media industry, so the decision to focus our efforts on developing IMF production tools was straightforward,” says Scott Matics, Senior Director of Product Management at Telestream. “However, these are not just any old IMF productions tools – they reflect Telestream’s outstanding expertise in this area and a great depth of customer feedback.”

RBR-TVBR

Nielsen, TEGNA OK Multi-Year Deal Renewal

Radio+Television Business Report
4 years 4 months ago

One day after announcing it has scored a new affiliation agreement with NBC, the TV station owner formerly known as Gannett has inked a multi-year renewal agreement with Nielsen.

The nation’s dominant audience measurement company has scored a fresh deal with TEGNA, owner of 64 TV stations in 51 markets.

Under the terms of the agreement, Nielsen will provide local television ratings service for 34 TEGNA local markets with all existing services renewed for these markets and/or extended including Nielsen Arianna, NLTV, Digital in TV Ratings (DTVR), Grabix, Rhiza and Nielsen Scarborough.

Nielsen’s Local TV measurement includes traditional cable, satellite and over-the-air (OTA) viewers, as well as viewers who access linear streams of broadcast content through virtual providers.

“The combination of Nielsen’s Local TV panels plus return path data empowers TEGNA’s customers to activate and measure local media buys with confidence,” Nielsen says.

Nielsen reports viewing across devices and provides direct persons measurement, inclusive of incremental out-of-home (OOH) audiences in select markets via Nielsen’s proprietary Portable People Meter (PPM).

“TEGNA is a leader in the local broadcast industry,” said Catherine Herkovic, EVP and Managing Director of Nielsen Local. “We are delighted to provide continued support to 34 TEGNA markets with measurement services. As part of our client commitment, we will work alongside TEGNA to ensure that each local station has the tools they need to deliver on their business objectives with access to valuable local audiences.”

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