Industry News

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?

Xperi also reported its latest quarterly financials this week

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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.

Senior Republican on the commission says “It is time to change course”

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Pittman talks about the benefits of streamlining and cost cutting

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