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Radio+Television Business Report

Univision’s New Leaders Get Upfront On ‘New Vision’

Radio+Television Business Report
4 years 2 months ago

MIAMI — Grow with our audience, and grow with us.

That’s the pitch presented to new and returning brand managers and CMOs across a digitally delivered event that was one-part Upfront presentation and another part a full introduction to two new key members of the largest multimedia company superserving U.S. Hispanics today.

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Adam Jacobson

A GMR Deal Is Inked by One Major Radio Company

Radio+Television Business Report
4 years 2 months ago

They’ve sued Entravision Communications for copyright infringement. A court fight against the Radio Music License Committee (RMLC) continues. Then, in early March, it handed Radio a decree straight out of the film Goodfellas: “pay up, or else” if you want to play any GMR artists on your stations from April 1.

Now, one of the nation’s biggest radio broadcasting companies has agreed to a “long-term partnership” with Global Music Rights (GMR), the eight-year-old music license lion founded by Irving Azoff.

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Adam Jacobson

A Western NY FM Calls It Quits

Radio+Television Business Report
4 years 2 months ago

It was once a construction permit owned by notable radio industry figure Randy Michaels. Since its February 2010 sign-on, its been owned and operated by the Seneca Nation of Indians.

Now, eleven years and two months after its debut, this Class B1 FM with a signal stretching as far north as the Buffalo Bills’ home stadium and into the Twin Tiers of Pennsylvania and New York is set to sign off the air.

There’s no buyer, or format change in the works. Rather, the station is going dark.

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Adam Jacobson

Luken Successor Plans OTT Home For Multicast Nets

Radio+Television Business Report
4 years 2 months ago

Luken Communications no longer exists. The purveyor of digital multicast networks targeting niche audiences is now known as Get After It Media, and it seeks a bigger outlet for its offerings than on a DT signal a cord-cutter would tune to.

Get After It is jumping into the over-the-top space.

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Adam Jacobson

NEXTGEN TV Arrives In CNY

Radio+Television Business Report
4 years 2 months ago

Better sound and audio quality. Data capabilities designed to bring new revenue streams to broadcast TV. Those are the principal promises of ATSC 3.0 and the arrival of NEXTGEN TV in a local marketplace.

Buffalo recently ushered in the NEXTGEN TV era. Now, a DMA two hours to the east along the ol’ Erie Canal has made the move into TV’s future.

Now offering ATSC 3.0-powered broadcast signals are Nexstar Media Group-owned ABC affiliate WSYR-9; WTVH-5, the CBS affiliate operated by Sinclair Broadcast Group that is the legacy of the defunct Granite Broadcasting; and Sinclair-licensed WSTM-3, the NBC affiliate in Syracuse.

Interestingly, Cox Media Group-owned WSYT-68 is not participating in this rollout.

As was the case in other market rollouts, BitPath led the planning process and coordinated efforts across the three television stations.

— RBR+TVBR, in Hurley, N.Y.

RBR-TVBR

Big Declines For Media Shares In Tuesday Trading

Radio+Television Business Report
4 years 2 months ago

Investors appear a tad nervous about the full reopening of the U.S. economy from the year-long COVID-19 pandemic.

And, if any setback occurs, companies with the most fragile profit plans are the most vulnerable. Is Entercom Communications among that group of companies? Tuesday’s Wall Street performance suggests the answer is yes.

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Adam Jacobson

With Stock Value Soaring, ViacomCBS OK’s a Big Equity Offering

Radio+Television Business Report
4 years 2 months ago

Following Monday’s Closing Bell on Wall Street, ViacomCBS shares topped $100 a share — an incredible feat for a company whose stock bears a 52-week low of just $11.85.

Now, the powers that be at Spongebob’s employer are responding to the incredible growth of ViacomCBS stock by initiating a mammoth $3 billion equity offering.

Specifically, ViacomCBS commenced concurrent offerings of $2 billion of its Class B common stock and $1 billion of its Series A Mandatory Convertible Preferred Stock.

Furthermore, ViacomCBS granted the underwriters separate 30-day options to purchase up to an additional $300 million of Class B common stock and up to an additional $15 million of Series A stock. In the latter, such a transaction would occur solely to cover over-allotments, if any.

ViacomCBS says it intends to use the combined net proceeds from the offerings for general corporate purposes, including investments in streaming.

Each share of Series A stock will have a liquidation preference of $100.00 per share.

And, unless earlier converted, each share of this Mandatory Convertible Preferred Stock will automatically convert into a variable number of shares of Class B common stock on April 1, 2024 — subject to postponement for certain market disruptions or other events.

The conversion terms, dividend rate and other terms of the Mandatory Convertible Preferred Stock will be determined at the time of pricing of the Mandatory Convertible Preferred Stock offering.

ViacomCBS intends to apply to list the Mandatory Convertible Preferred Stock on the Nasdaq Global Select Market under the symbol “VIACP.”

Morgan Stanley and J.P. Morgan are acting as joint book-running managers for the offerings.

The announcement cooled off ViacomCBS’s hot growth on the Nasdaq market, with shares in VIAC off 5.7% at 2:50pm Eastern, to just below $95 a share.

Still, it was February 26 when shares were trading at $61.35. Across September and October 2020, VIAC was mired in the $28 range.

Then came the 2020 U.S. Presidential Election, and slow, steady improvement. When VIAC really began to rocket ahead was at the start of 2021.

Viacom’s shares are up 154% year-to-date, should today’s closing price remain in the $94.50 range.

Thus, The Motley Fool‘s reporting that ViacomCBS shares “crashed again today” is simply false, when one looks at the full trajectory of the company’s performance since Viacom and CBS Corporation reunified.

Adam Jacobson

Pappas Returns To Florida For Key Scripps Role

Radio+Television Business Report
4 years 2 months ago

He’s been the VP/GM of the NBC affiliate serving Colorado Springs and Pueblo for the last decade.

Starting April 12, he’ll be overseeing a co-owned FOX affiliate in the fastest-growing portion of the Sunshine State, a place where he’s spent much time across his 30-year career.

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Adam Jacobson

Five Things You Should Never Do on Zoom

Radio+Television Business Report
4 years 2 months ago

You’ve seen it. Your morning show hosts have likely discussed it.

That horribly embarrassing Zoom gone wrong has become the stuff of lore, likely to represent an indelible look at COVID-19 times in the decades to come.

How can you and your colleagues prevent a repeat of these Zoom fails? Veteran public relations executive Rosemary Ravinal has some great advise to share on preventing you — or perhaps your more well-known team members — from becoming the latest social media humor vehicle.

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RBR-TVBR

Futuri Selects A CTO

Radio+Television Business Report
4 years 2 months ago

The company founded by Daniel Anstandig devoted to AI-driven audience engagement and sales intelligence tech platforms for media, has selected a new Chief Technology Officer.

Now in the CTO slot at Futuri is Jason J. Sosa.

This puts Sosa in a leadership position in which he will oversee Futuri’s product team and work cross-functionally to develop new features, technologies, and products.

Sosa is the founder and, most recently, CEO of Blackbox AI, an innovation advisory for platform development, remote work, and strategy. Sosa is also a recognized speaker, having participated in TEDx (4 times), MIT Enterprise Forum, and Carnegie Mellon Silicon Valley.

 

Adam Jacobson

BakerHostetler Brings On Two Big FHH Lawyers In a Major Move

Radio+Television Business Report
4 years 2 months ago

WASHINGTON, D.C. — Buried within an asset purchase agreement filed Tuesday (3/23) with the FCC is the usual information reflecting the legal counsel representing both buyer and seller. For the buyer, the lawyer’s name is a very familiar one. However, there was one major eye-popping difference from prior filings featuring this attorney’s name — she’s at a new law firm.

So is a former colleague, as both communications law experts have set up shop at BakerHostetler.

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Adam Jacobson

Landover Loss Is A Win for Winemiller

Radio+Television Business Report
4 years 2 months ago

Its mission is simple: To re-purpose 600 MHz and other spectrum and rapidly deploy a world-class 5G network in the United States.

This could explain why the individual behind Landover Wireless, a 30-year veteran of the global wireless telecommunications industry, has decided to part ways with 20 unbuilt LPTV construction permits.

The buyer? An individual with a presence stretching from the Grand Strand through Georgia’s Coastal Empire.

Laurence Zimmerman and his Landover 2 LLC have struck a deal to send the unbuilt LPTVs to Jeff Winemiller, and his Lowcountry 34 Media.

The stations trading hands are as follows:

Winemiller, who is based in Beaufort, S.C., near Hilton Head Island, is paying $850,000 for the CPs; a $150,000 deposit has been made by the buyer.

The broker involved in this transaction: Greg Guy of Patrick Communications.

The legal counsel in this deal has its own bit of newsworthiness: While veteran Aaron Shainis of Shainis & Peltzman represented Landover 2, Davina Sashkin served as Winemiller’s attorney at her new firm — Baker Hostetler. She had been with Fletcher Heald & Hildreth as recently as January 2021.

The sale of the LPTV CPs for Zimmerman concludes a spectrum license play for Landover Wireless; Zimmerman acquired and developed national and regional footprints of 38 GHz, 3.5 GHz, 2.6 GHz and 1600 MHz/MMDS licenses across the last three decades and developed strategic relationships creating additional value in the spectrum assets.
​
Zimmerman is also known for founding Advanced Radio Telecom Corp., which became Fiber Tower and was ultimately sold to AT&T; and National Wireless Holdings Inc. He was also an early seed investor and one-time largest individual shareholder of Winstar Communications, which became StraightPath and was ultimately sold to Verizon.

 

Adam Jacobson

A TV Intelligence Offering On The Way from Tremor

Radio+Television Business Report
4 years 2 months ago

Programmatic video platform Tremor Video is close to bringing to market a new data-driven TV Intelligence offering that builds on the company’s Connected TV (CTV) and addressable TV measurement and cross-platform targeting efforts.

The product, the company says, allows advertisers to reach “the most relevant consumers with precision using a greater breadth and depth of audience data assets.”

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RBR-TVBR

The InFOCUS Podcast: Steve Walsh, Comscore

Radio+Television Business Report
4 years 2 months ago

Impressions-based buying and selling in the television universe is an imperative for marketers today. And, broadcast TV is responding. But, what of the measurement needs for the media buyer and media planner putting the cross-platform mix together based on reliable data?

Comscore is devoting its short-term and long-term future to local cross-platform and says groups and agencies are shifting from talk to action.

EVP of Commercial Steve Walsh shares how Comscore is driving the way media and marketers are mastering the ability to match homes with the actual purchase behavior seen in those homes in this fresh InFOCUS Podcast, presented by DOT.FM.

Listen to “The InFOCUS Podcast: Steve Walsh, Comscore” on Spreaker.

Adam Jacobson

Nielsen Officially Ups DEI Head To Chief Diversity Officer

Radio+Television Business Report
4 years 2 months ago

As of today, the CEO at Nielsen is no longer holding double duty as the company’s Chief Diversity Officer.

That’s because the dominant audience measurement and consumer data company in the U.S. has selected a woman who joined the company in January 2020 to direct diversity and inclusion initiatives to hold the position.

Sandra Sims-Williams will take over CDO duties from CEO David Kenny, who has held the CDO title in addition to CEO since February 2019.

She will continue to lead Nielsen’s diversity, equity and inclusion (DE&I) team, working to develop a more inclusive culture for the company and increase diverse representation, while rising from Senior Vice President of Diversity & Inclusion (D&I).

Prior to joining Nielsen, Sims-Williams led diversity and inclusion efforts at Publicis Groupe as Chief Diversity Officer and has a deep background in diverse leadership development, retention programming, analytics and effectiveness, supplier diversity, multicultural talent acquisition, and corporate initiatives that drive diversity and inclusion cross-functionally.

 

Adam Jacobson

A New Management Flow for Radio Workflow

Radio+Television Business Report
4 years 2 months ago

Cloud-based software provider Radio Workflow is initiating a change in leadership that will see an industry veteran who became a partner in 2020 lead the company as CEO.

The Director of Sales and Director of Product will also hold key management positions at Radio Workflow, working in collaboration with chief executive Fletcher Ford.

Those individuals are Robert Maschio and Shane Zammit, respectively.

There’s other news from the “all-in-one radio management platform” maker.

Radio Workflow is expanding its operations with the opening of a sales and support office in two U.S. cities to go along with its existing centers in New Jersey and in Australia.

Offices in Billings, Montana; and Davenport, Iowa, are being added to the mix.

Radio Workflow says it is moving in this direction “to adapt to the growing need and success of the company’s browser-based traffic and billing platform.

Among the products Radio Workflow offers broadcasters is MyRadioDeals.com.

“I am very excited and proud to work with Shane and Bob every day,” Ford said. “They each have a level of commitment that is often overlooked in business. We all share a common goal, that goal is quite simple. Make the tools for broadcasters represent the real-world situation in which our industry is typically slow to adapt, apply, and execute change.”

Adam Jacobson

A Solid State Future For iHeartMedia’s Cleveland Cluster

Radio+Television Business Report
4 years 2 months ago

The regional office for iHeartMedia in northern Ohio is on the move.

A 10-year lease agreement has been signed, and the company’s nine Cleveland radio brands will soon enjoy a state-of-the-art street level facility also housing iHeartMedia’s local sales, marketing, digital and Total Traffic operation.

By the time 2022 arrives, iHeartMedia/Cleveland will be housed on the ground floor of Six Six Eight at 668 Euclid Avenue in the heart of a downtown area that’s as hip as ever. The seven-story building is mixed use, and includes urban residential dwellings. It’s walking distance from Progressive Field, home of the Cleveland Major League Baseball club; Cleveland Public Square is just to the west. Its also close to a major commuter rail station, with direct service to Cleveland Hopkins International Airport.

The move to Six Six Eight is thanks to a lease arrangement with K&D Group. 

The iHeart/Cleveland cluster includes Sports Talker WARF “AM 1350 The Gambler”; News/Talk WTAM-AM 1100; Rocker WMMS-FM; Classic Hits WMJI “Majic 105.7”; Country WGAR-FM; Adult Hits WHLK “106.5 The Lake”; and Top 40 WAKS “96.1 KISS FM.” There’s also a pair of translators serving the African American community: Hip-Hop “Real 106.1” and BIN: Black Information Network at 99.1 MHz.

This move will bring more than 100 employees into the heart of Cleveland’s downtown business landscape.

“We are thrilled to return our broadcast and digital operations to the heart of our city,” said Keith Hotchkiss, President of iHeartMedia Cleveland. “Connecting our influencers, marquee talent and operation staff with the downtown business district will further drive the passion to serve the community we all call home.”

New office features will include five conference rooms, 11 studios featuring cutting-edge technology, eight service booths for news, traffic, and podcast creation, and phone audio sound via Sound+.

A marquee broadcast studio and mixed use podcast content creation room both face street level on Euclid Avenue. Studio designs are by Beneville Studios and AUX1 design.

“We are delighted that iHeartMedia will be locating their regional headquarters in downtown Cleveland,” said Joe Marinucci, President and CEO of the Downtown Cleveland Alliance.

It marks a return to downtown Cleveland for the stations “after many years,” and signals another Ohio renaissance that includes Dayton’s core downtown area, which has sprung to life since 2017 thanks to a restoration and rehabilitation project.

Adam Jacobson

Behind Shephard Smith’s New Studio Lighting

Radio+Television Business Report
4 years 2 months ago

When anchor Shepard Smith joined CNBC in July 2020 to host The News With Shepard Smith, the network took the opportunity to completely renovate its 3,600 square-foot Studio B set.

This included the need for complete Martin LED lighting, on a rig. Ferri Lighting Design & Associates (FLDA) fulfilled that desire.

The new set is dominated by two massive LED video walls, including a five-panel display opposite the host’s desk that can be used to show multiple video feeds for remote guests and correspondents or combined to display one large image.

Additionally, the center screen can be moved up to 17 feet away from the wall via a motorized arm to draw focus to a specific element. In order to complement the light from the displays with precisely-calibrated illumination and reduce electricity costs, CNBC opted to replace the studio’s incandescent lighting with a modern LED solution. The network hired Ferri Lighting Design & Associates to equip Studio B with a complete Martin lighting solution including more than 200 Martin ELP CL ellipsoidal profile fixtures and 50 RUSH PAR 2
CT Zoom wash fixtures.

“We had previously talked about converting Studio A to LED, but budgets and COVID put that project on the back burner,” said Bruce Ferri, owner of Ferri Lighting Design & Associates. “When the Studio B project came up, I decided to move forward and make it an all-LED installation. The big reason is that most of the set is dominated by displays. When you use incandescent light, you have to color-correct the displays down to 3,200
degrees, but most displays are not designed to operate at that color temperature. The Martin fixtures allow us to work at a higher color temperature to match the displays.”

FLDA selected Martin ELP CL fixtures as the main light for illuminating talent and scenery, deploying a total of 226 in Studio B’s lighting rig. The leading color LED ellipsoidal fixture in its class, the Martin ELP CL delivers up to 6,900 lumens with a broad color temperature range of 2,000 to 10,000 degrees Kelvin and an RGBAL Luxeon Rebel LED engine for vibrant, saturated hues. A maximum Color Rendering Index (CRI) of 90 allows
the ELP CL to reproduce color naturally on camera, making it an ideal fixture for television studios.

ELP CL fixtures are configurable for beam angles of 19, 26, 36 or 50 degrees and compatible with third-party lens tubes as well as a wide range of accessories.

“The nice thing about the ELPs is that in addition to using them as lights for talent, we can use them as scenery lights because they’re full-spectrum,” said Ferri. “I’ve done other installations where the talent lights have been variable white with no color mixing, but as things change and all of a sudden you have too many talent lights and not enough scenery lights, you’re at a huge disadvantage. So, the nice thing about the ELPs is that I can
use them for both.”

To augment the main lighting, FLDA selected Martin RUSH PAR 2 CT Zoom fixtures as fill lights. Featuring 12 10-watt warm and cold white LEDs, the RUSH PAR 2 CT Zoom provides pre-mixed white light ranging from 2,700 to 7,800 degrees Kelvin with a CRI value of 90 for natural on-camera looks. The fixtures’ motorized 10-to 60-degree zoom allowed Ferri to achieve rich, balanced wash illumination even from long distances.

“The throw distances in that particular studio make using a traditional fill light impractical, because we’re trying to keep all of the lighting on the grid,” Ferri added. “I don’t like to hang lights down into the picture if I can avoid it, because I hate when you see lighting instruments break the plane of the set. So, in order to create a softer fill light, I turned to the RUSH PAR 2 CT Zooms. The fact that they can zoom means that we can tailor the beam
spread for the throw distance.”

Thanks to the ultra-efficient, all-LED Martin lighting rig, Studio B reportedly consumes only 10% of the power used by the neighboring Studio C, where Mad Money is broadcast from.

This eases the burden on the facility’s backup power system in the event of a power failure.

“They’re set up for incandescent fixtures, so they have plenty of power, but they’re still really happy with the fact that we’re working at a fraction of that capacity,” said Ferri. “And whenever there’s a hint of bad weather, they switch over to a generator backup so that they don’t lose power, which has happened in the past. Having an all-LED rig lets them devote less of the generator power to the lighting.”

After a short stint in a temporary studio, The News With Shepard Smith broadcast its first episode from the new studio on October 28, 2020. Shortly thereafter, viewers across the nation saw FLDA’s work during Smith’s coverage of the 2020 United States presidential election.

— Kirsten Spruch

RBR-TVBR

A Cloud Option Accelerant For Media? Amagi’s On It.

Radio+Television Business Report
4 years 2 months ago

A company known for cloud-based SaaS technology powering both broadcast and streaming TV is now making its cloud solutions available on Google Cloud’s platform.

It’s a promise from Amagi, and the partnership allows customers to deploy Amagi’s flagship cloud playout platform, CLOUDPORT, on Google Cloud to spin up 24×7 linear programming.

“By partnering with Google Cloud, we are expanding the choices for our industry to implement best-in-class cloud solutions,” said Srinivasan KA, co-founder of Amagi, which operates from New Yrok. “This partnership has come at a time when the industry is increasingly looking to virtualize operations and adapt to multi-screen viewing. Amagi and Google Cloud present an attractive option for customers to choose from, as they transition to cloud.”

Amagi manages 400+ channels with deliveries in more than 40 countries across cable, DTH, and OTT platforms. The company has a state-of-the-art cloud broadcast operations center that can support 1,000+ linear channels. Amagi clients include A+E Networks UK, beIN Sports, CuriosityStream, Discovery Networks, Fox Networks, NBCUniversal, Cinedigm, Tastemade, Tegna, VENN, Vice Media, and Warner Media, among others.

Last year alone, Amagi added close to 200 streaming channels on its platform. It has technical integration with leading Free Ad Supported Streaming TV (FAST) platforms: The Roku Channel, Samsung TV Plus, Pluto TV, Xumo, STIRR, Redbox, VIZIO, Plex, Sling, Tivo and more.

RBR-TVBR

An All-in-One Hybrid Switcher, From Quicklink

Radio+Television Business Report
4 years 2 months ago

Quicklink, a provider of hardware and software solutions for video and audio contributions, has completed its professional contribution workflow with the launch of an all-in-one hybrid switcher: an end-to-end broadcast-grade solution which combines the power of the cloud and the effectiveness of a single hardware unit.

The STS410 (Hybrid Switcher) combines three main elements to allow the user to achieve a full production workflow. A rack-mount server is accompanied by software offering full tool integration.

“Quicklink’s STS410 complimented with the Quicklink Manager creates a complete end-to-
end workflow including tools such as conference and waiting/green rooms for multiple
participants, automatic cloud mix-minus, the ability to stream to multiple concurrent services such as Facebook, YouTube and Vimeo Live or RTMP, and simultaneously record the discrete individual channels and program output for post-production flexibility,” Quicklink says.

The cloud- based Controller enables control of scene and source selection from any location using any desktop, mobile, tablet device. Quicklink CEO Richard Rees said, “We decided to bring this innovative product to the market as we listen carefully to our customers and many find traditional switchers overly complicated and confusing to use. The STS410 is designed to be simple and intuitive to use, while still upholding the highest quality that we have come to expect from productions.”

Find out more and request a demo by emailing sales@quicklink.tv.

RBR-TVBR

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