Industry News

As a premium subscriber to the Radio+Television Business Report, you are on the VIP list to receive our Winter 2022 Special Report via instant download.

What awaits you?

• The Future of Broadcasting & OTT for OTA TV – Agora Director of Business Development for Media and Entertainment Brad Altfest is interviewed.
• Broadcast Media’s Top Tech Leaders – This first annual list salutes the best tech minds in radio and television – and it’s a reader-generated honor roll.
• Technology: Empowering Broadcast Radio and TV – The cancellation of the NAB Show and the delay of IBC Amsterdam didn’t put a hard stop to product rollouts and big plans for 2022.
• RBR+TVBR’s Products to Watch List – An opportunity to learn more about other companies of note to radio and TV companies.

The RBR+TVBR Winter 2022 Special Edition is available now to all subscribers!

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It’s a tastemaker Adult Alternative noncommercial FM that since 2007 has done what stations such as KCRW in Santa Monica, Calif., and WXPN in Philadelphia have brought to local radio listeners.

Now, ’88Nine’ is seeking a new Executive Director, as Kevin Sucher has stepped down “to pursue other opportunities.”

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In the final days of 2020, the FCC approved a request by Univision to accept foreign investment in excess of the 25% benchmark set forth in its regulations. Then, in summer 2021, the company that is today majority controlled by Searchlight III UTD and ForgeLight and led by CEO Wade Davis requested the Commission’s OK for two specific non-U.S. based entities to grab a share of Univision ownership.

A Declaratory Ruling was released by the Commission on Friday.

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Que pena … The end is near for “Qué Buena” listeners across the New York Tri-State Area.

For those who have wanted WFME back on a FM signal heard in Gotham, it is almost time to rejoice.

Family Stations has closed on its acquisition of what will soon be the former WQBU-FM 92.7, licensed to the Nassau County municipality of Garden City, N.Y.

According to the asset purchase agreement, finalized on December 2, 2021 and subsequently filed with the FCC, Univision is selling WQBU and its two boosters, giving it coverage in Manhattan and Queens, for $9 million.

A 10% escrow deposit was placed with Kalil & Co., as escrow agent. Kalil & Co. represented Univision in the transaction, as the exclusive broker. As previously reported, Univision months ago retained the Tucson-based brokerage to help it spin non-essential radio stations.

With the deal’s completion, after 18 years Family Stations will regain much of its lost FM signal coverage from the sale of the original WFME-FM (today WXBK-FM 94.7) to Cumulus Media in late 2012. At the time, WFME “moved” to 106.3 MHz, a facility from 1964-1993 known as WVIP-FM. As locals can attest to, it is hardly a New York-market facility, with a 980-watt Class A signal covering northern Westchester and Fairfield County, Conn.

Even with WQBU, WFME still will lack a Northern New Jersey FM signal. However, there is an AM option. WFME-AM 1560 uses a two-tower daytime signal and three-tower nighttime signal pushing out 50kw watts of Christian talk and teaching fare; it sold its Maspeth, Queens, tower site and uses a new site based in New Jersey.

In the 18 years since Univision purchased what is today WQBU, it is being sold for $51 million less.

The deal value crossed what Hoffman Schutz Media Capital’s David Schutz in December told RBR+TVBR is a “psychologically significant valuation metric” — one dollar.

Based on the new 2020 Census, the 60 dbu “service area” contour of WQBU reaches 9,396,000 people. “At a $9 million announced selling price, that represents a population metric of $0.96 per person,” Schutz concludes, adding that the twin synchronous on-channel boosters in Manhattan and Brooklyn didn’t exist when Univision bought the facility.

Representing Family Stations, best known for its association with the late Harold Camping, as its FCC legal counsel is Matthew McCormick with Fletcher Heald & Hildreth.

Eric Wotila has gained notice across the U.S. for his role as President of digital multicast network NewsNet.

Now, he’s in the news as Wotila has agreed to an asset purchase agreement that will adjust the ownership in the station branded as “NewsNet Michigan.”

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For fans of Denver-based pro and collegiate sports teams that have rights agreements with Altitude Sports, watching play-by-play while at home has been a frustration for those who are Comcast subscribers for more than two years. The two parties have been sparring over a carriage agreement, and on December 17 mediation was agreed to. Meanwhile, DISH has also been unable to secure a new rights agreement with Altitude.

As such, DirecTV is today the lone home in the Denver DMA for Altitude Sports, as Charter’s Spectrum service, which Altitude has a deal with, is not available.

A “revolutionary” NextGen television service could bring Altitude for those who don’t wish to wait for a possible deal with Comcast.

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The Association of Public Radio Engineers Board of Directors is making available scholarships to help new public radio engineers attend the 2022 Public Radio Engineering Conference (PREC). The scholarship program is also open to public radio engineering and operations personnel who haven’t attended PREC in five years.

The 2022 conference will be held at the Tuscany Suites in Las Vegas, April 21–22, immediately preceding the annual NAB Show.

Dan Houg, past president of the APRE Board of Directors, says “years ago I was a brand-new radio station engineer and a recipient of the APRE scholarship. I can attest to the impact attending the Public Radio Engineering Conference has on my ability to build and move our station forward. It opens contacts within the industry and provides connections with peers that persist as I go about my daily work.”

The scholarship includes a one-year APRE membership, the PREC registration fee, an Awards Dinner ticket, and three night’s lodging at the conference hotel.

Full details of the application process are available on the APRE website.

The post APRE Offers Scholarships for ’22 PREC appeared first on Radio World.

Nexstar Media Group and ViacomCBS have reached comprehensive multi-year agreements to renew the existing CBS Television Network affiliations in 39 markets across the country.

That’s not prevented an affiliation switch from transpiring in the biggest city in Michigan’s Upper Peninsula, to the benefit of Lilly Broadcasting.

Effective Friday (1/21), WJMN “Local 3” in Marquette, Mich., became an independent news station serving the city and nearby Escanaba, which comprise DMA No. 182. It is now a MyNetwork TV affiliate, and “will continue to provide the news, weather, sports and entertainment that we have for over 50 years across the Upper Peninsula,” WJMN noted on its website.

The new CBS affiliate for Marquette is WZMQ-19, DT2. It is owned by Lilly, which will retain its MeTV affiliation on Channel 19.1, at least for right now. The station is available on Charter’s Spectrum lineup as Channel 3, on DISH on Channel 5, and on DirecTV as Channel 20. A new logo is already in place.

“All of your favorite CBS programming and shows will continue with no disruption, along with CBS Sports coverage of the NFL and NCAA College Basketball including March Madness,” WZMQ said.

Lilly Broadcasting has CBS affiliates in Erie, Pa.; Elmira-Corning, N.Y.; the U.S. Virgin Island and Puerto Rico. It agreed to purchase WZMQ in October 2017 for $103,475.

A Nexstar spokesperson contacted by RBR+TVBR declined to comment on why a new affiliation deal with CBS in Marquette did not come to fruition. All of the other CBS agreements were renewed.

The affiliation switch comes as Nexstar secured a fourth and final agreement that the company says completes “all of ViacomCBS and Nexstar’s affiliation renewals.” Some 39 markets retained their CBS affiliation, and this deal follows three affiliation deals renewed in early 2021.

The new Nexstar/ViacomCBS agreement gives the latter permission to place Nexstar’s CBS affiliates on Paramount+ and on vMVPD platforms.

ViacomCBS President of U.S. Networks Distribution Ray Hopkins commented, “We are pleased to have reached an agreement with Nexstar that includes several early renewals of our CBS network affiliations. This deal demonstrates the power of our collective partnership and our commitment to maintaining strong relationships in order to best serve audiences across the country with leading content.”

Financial terms were not disclosed.

The agreement includes renewals for the following CBS affiliates:

• KTAB in Abilene, Tex.
• KRQE in Albuquerque
• WIAT in Birmingham
• WVNS in Bluefield-Beckley, W. Va.
• WIVB in Buffalo
• WCIA in Champaign, Ill.
• WRBL in Columbus, Ga.
• KGPE in Fresno
• WANE in Ft. Wayne, Ind.
• KREX in Grand Junction, Colo.
• WFRV in Green Bay, Wisc.
• WNCT in Greenville-New Bern, N.C.
• WSPA in Greenville-Spartanburg, S.C.
• KVEO in Harlingen, Tex.
• WHLT in Hattiesburg, Miss.
• WHNT in Huntsville, Ala.
• WTTV in Indianapolis
• WJTV in Jackson, Miss.
• WTAJ in Johnstown, Pa.
• KLFY in Lafayette, La.
• WLNS in Lansing, Mich.
• KLAS in Las Vegas
• KLBK in Lubbock, Tex.
• WREG in Memphis
• KXMC in Minot, N.D.
• WKRG in Mobile
• WBTW in Myrtle Beach, S.C.
• WMBD in Peoria, Ill.
• KOIN in Portland, Ore.
• WPRI in Providence, R.I.
• WNCN in Raleigh
• KCLO in Rapid City, S.D.
• WROC in Rochester, N.Y.
• KLST in San Angelo, Tex.
• KELO in Sioux Falls, S.D.
• WJHL in Johnson City-Bristol-Kingsport
• WKBN in Youngstown, Ohio

The deal also includes two stations owned by Mission Broadcasting, Nexstar’s close shared services partner: KOLR in Springfield, Mo., and WYOU in Wilkes Barre-Scranton.

The warning signs were there, with influential Wall Street observer Michael Nathanson one week ago cutting his price target as increased OTT competition and slowing growth made Netflix a little less rosy of an investment.

It turns out Nathanson was right on the money with respect to Netflix’s overall health. Disappointing earnings and subscriber forecast misses were seen by the visual entertainment giant, leading to a Friday sell-off that saw NFLX down by more than 21% in the 1pm Eastern hour.

Yet, there’s dissent among just how poorly Netflix is performing. According to one industry observer, “Netflix’s performance is superb when you consider the crushing competition encroaching on what used to be a fast growing, greenfield market.”

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Chances are that if you live in a multi-unit residential tower or community with a homeowners’ association or spend time in an office building, your choices for broadband services are, well, none — there’s one provider, thanks to contractual arrangements and legacy wiring and provider limitations that in many cases are a thing of the past.

The Chairwoman of the FCC wants to do something about that, and on Friday shared with her colleagues a Report and Order and Declaratory Ruling that she argues would promote competition and increase choice for broadband services for people living and working in multiple tenant environments (MTEs).

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