Independent advertising digital and linear rep firm Viamedia has forged new agreements with a trio of cable TV and broadband services companies, expanding its reach to 83 MVPDs across 72 DMAs.
The company helmed by CEO Bob Pittman and COO/CFO Rich Bressler seeks more time to repay its lenders by proposing to push out its repayment dates by at least three years — and by doing so at a noticeably higher interest rate. Now, iHeartMedia has announced a small extension of its exchange offers and consent solicitations for outstanding debt.
Come December 31, Robin Davis will retire as SVP/Chief Distribution Officer, just 6 1/2 months after rising to the role at The E.W. Scripps Co. This results in a promotion from within to fill the role of VP of Distribution, with Davis' duties being shifted to the current Senior Director of Media Distribution for Scripps.
For 33 years, he was associated with "B96" — the Windy City FM that Audacy Inc. acquired from CBS Radio. In October 2024, this programming veteran joined Cumulus Media to direct what comes out of the speakers at WLS-FM 94.7, freshening up its Classic Hits sound. Now, Todd Cavanah is being rewarded with a corporate-level role.
Just south of the Red River separating Texas from Oklahoma and casino resorts over the border, Gray Media has selected a General Manager and Director of Sales for the CBS and FOX affiliates that serve these fast-growing communities due north of Dallas-Fort Worth.
How does the Townsquare Media CFO view his company's potential revenue intake from digital advertising in the coming quarters? "The sky's the limit," he told attendees of the BofA Securities Leveraged Finance Conference, held Tuesday. Stu Rosenstein also shared that a Term Notes issuance is coming, and this InFOCUS Podcast has the details.
The nation's dominant audience measurement services provider is teaming up with TikTok "to unlock a cross-media view of ad campaign performance" inclusive of the app's stateside activity. The partnership comes amid ongoing national security concerns tied to TikTok, a Chinese operation.