In February 2023, the estate of Tejano music pioneer and evangelical broadcast ministry owner Paulino Bernal was put in control of his wife. It was in June 2024 when the FCC received the necessary paperwork required to transfer the late owner's AMs to the family matriarch. Now, a LMS filing indicates that the estate has agreed to part ways with one of those stations.
On November 1, the call letters of a Class B1 FM serving the Columbus, Ohio, market from the southeastern suburb of Baltimore, Ohio, changed along with its programming. Now, just days after the K-LOVE Christian Contemporary non-comm network debuted under a lease deal, the network's parent is agreeing to purchase the facility.
“The broadcast industry can use their powerful voices to improve the lives of their listeners.” How are these words from broadcast industry veteran Kelly Orchard, who holds a Master's in Psychology, perhaps more important than ever? Learn by listening to this classic RBR+TVBR InFocus podcast, hosted by editor-in-chief Adam R Jacobson.
It was anticipated, but unconfirmed. Then, in the 2pm Eastern hour, Salem Media Group's third quarter 2024 earnings report arrived. How did the company focused on Christian-themed and conservative secular spoken word programming perform in the three-month period ending September 30?
A particularly problematic situation in the Washington, D.C. market, involving the owner of CBS affiliate WUSA9 is once again engaged in difficult negotiations with a MVPD regarding a new retransmission consent agreement. Could this lead to a "blackout" of the station to paying customers of a regional competitor to Comcast?
The new multi-year linear and digital rights agreement sees the rebranded FanDuel Sports Network Midwest, formerly a Bally Sports property, serve as the St. Louis Cardinals' exclusive local media partner.
Amid industry-wide conversations regarding a significant reduction-in-force initiative at iHeartMedia, "key leadership promotions" have come to the company's Los Angeles radio stations. At the same time, two veteran programmers — husband and wife — have resigned from KFI and "AM 570 L.A. Sports." What does this mean for a cluster of stations that are among iHeart's top billers?
The NBA's Atlanta Hawks franchise, the Diamond Sports Group's FanDuel Sports Network (formerly known as Bally Sports), and Gray Television have forged a partnership that will allow Peachtree Sports Network and the company's unaffiliated "Peachtree TV" to simulcast a handful of the team's games this season.
Promotions have come to two individuals who each have held key sales positions for iHeartMedia in the Windy City and in the Big Apple. Each individual will report to iHeartMedia Division President Bernie Weiss.
Gray Media stock lost nearly 26% of their value on Friday. The dip comes in reaction to the broadcast television station owner's third quarter earnings, in which political ad dollars fell short due to changes in expectations in U.S. Senate races. Gray also put a spotlight on "additional cost containment initiatives."
The founder and President/CEO of Spanish Broadcasting System (SBS) will be the focal point of a special tribute during the opening ceremony of this year's XXI World Summit on Political Communication, a major event in the Spanish-speaking media world taking place at Florida International University later this month.
Paramount Global's third quarter earnings report has been released, and while the results topped analysts' estimates, there's a unsettling picture coming to light with respect to the financial performance of its linear television properties.
In July 2021, an FM translator serving greater St. Louis licensed to Educational Media Foundation began simulcasting the secular News/Talk programming found on the HD3 digital multicast channel associated with KLJY-FM 99.1 in Clayton, Mo. Now, that LMA is being converted into an outright purchase of the baby FM.
In a bit of a first, Gray Media has signed on a single sponsor for a newscast on its FOX affiliate serving Southern Nevada. “We are beyond excited about this partnership and what it will do for our FOX5 viewers,” said Michael J. Korr, VP/General Manager of KVVU-TV in Las Vegas.
For CEO Chris Forgy and his team at Saga Communications, its Q3 call placed a spotlight on the pros and cons of being late to the game on digital revenue generation. Forgy also shared how expenses being incurred today are fueling long-term dollar generation opportunities.
"The continued power of our broadcast television business model" is why Nexstar Media Group and its founder and head, Perry Sook, is celebrating its highest-ever Q3 revenue — fueled not only by political advertising revenue, but also big retransmission consent dollars.
Political advertising smashed third quarter records, helping the company formerly known as Gannett enjoy a 53% net income gain from Q3 2023 as net revenue improved by 13%. But, what does Q4 portend for TEGNA?
The nation's largest audio content creator and distributor saw its net revenue jump over the $1 billion mark. But, expenses were up, and this contributed to a much wider net loss in Q3. At the same time, lenders have signed off on a debt maturities extension, giving iHeartMedia three additional years to deal with its high leverage.
How did Townsquare Media perform on a year-over-year basis? The company surpassed the Street's earnings per share estimate but was narrowly short on revenue. On a sequential basis, all three revenue generation units saw growth, and that was a highlight CEO Bill Wilson shared ahead of an earnings call scheduled opposite Nexstar Media Group.
For Michael Christenson, Chief Executive Officer at Entravision, Q3 was one of structural change for the company. A realignment of its business saw the creation of two segments: Media and Advertising Technology & Services. The media segment consists of sales of ads through various media, including TV, radio and digital. How did that segment perform in Q3?
