Lazarus, Langley Pitch Unique Universal Content Delivery
Mark Lazarus and Donna Langley put their respective imprints on a NBCU Upfront presentation that sent a clear message to marketers: Only NBCUniversal offers a one-stop shop with touchpoints across digital and linear properties consumed by Americans from wake-up to the end of their day.
What Were The Top LPTV Sales Of 2023?
How active is the low-power broadcast TV transactions marketplace? In 2023, there were plenty of deals. Now, a fresh analysis conducted by Volker Moerbitz has painted a clear portrait of just how many LPTV deals were valued at more than $1 million last year. The top two deals involve Paul Koplin.
Ahead Of Chapter 11 Exit, Audacy Narrows Let Loss In Q1
Audacy Corp. joined the many broadcast media companies that decided to release its financial results for the first three months on Thursday. How did the company founded by CEO David Field's father, Joseph, fare?
For iHeartMedia, A Q1 Loss Narrows As Stock Value Plummets
Did the company led by CEO Bob Pittman and COO/CFO Rich Bressler meet the street in Q1? No, but the company was quick to note its 1.5% revenue dip was in line with its own guidance range. Shareholders were unimpressed, with "IHRT" losing more than 30% of its value in Thursday's trading.
Nexstar Enjoys A Strong Start To 2024
"An excellent start to 2024." That's the summation from Perry Sook, founder and Chairman/CEO of Nexstar Media Group. Indeed, Nexstar's Q1 2024 net revenue were in line with analysts' expectations, thanks to "record" dollars during the three-month period.
Retrans Revenue Propels Sinclair In Q1
Core advertising revenue fell short of its guidance in Q1 2024. However, Sinclair's "distribution revenue," a.k.a. retransmission consent dollars, came in ahead of its own estimates. Did Sinclair's Q1 2024 revenue meet Street expectations? No.
Holm To Helm Cumulus’ Stations In Two Michigan Markets
The General Sales Manager for Cumulus Media's five stations in Dallas-Fort Worth has just been appointed Regional Vice President/Market Manager for two of the company's markets in Michigan. He's already settling in to his new role in the Mitten State.
Salem Closes On Sale Of Ventura County, Calif., HQ
The media company known for its Christian-themed and conservative Talk content that in 2021 relocated to Irving, Tex., has completed the sale of its former Ventura County, Calif., headquarters, while entering a sale leaseback agreement with its new owner.
Townsquare Media Shareholders Easily OK Three Directors
Townsquare Media shareholders have overwhelmingly approved the election of three individuals who will serve as members of its Board of Directors. One of the three individuals earning fresh three-year terms is a former Emmis SVP who also oversaw broadcast radio properties for AMFM Inc.
‘Retro Reverie’ A Key Value In LEGO Icons Radio
Introducing the "Retro Radio," a 906-piece set made of LEGO pieces that promises "a delightful voyage through musical time, combining vintage charm with contemporary functionality."
Salem Quietly Posts Q1 Results That Repeat 2023 Concerns
Salem Media Group, the company led by Dave Santrella focusing on Christian-themed and conservative secular spoken word audio content, reported a slight decrease in its net broadcast revenue during Q1 2024 as the company net loss was statistically flat from one year ago.
The InFOCUS Podcast: iHeartMedia Q1 2024
CEO Bob Pittman and CFO/COO Rich Bressler offered a full analysis of how iHeartMedia performed in 2024 in an earnings call held directly opposite that of Townsqaure Media. This inFOCUS Podcast offers Pittman and Bressler's audio comments in full.
Saga Swings To a Net Loss In Q1
Radio broadcasting company Saga Communications, perhaps the lone "pure play" among U.S. station owners with a publicly traded stock, saw its net revenue decline in Q1 as expenses rose. This led to an operating loss for the first three months of 2024.
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Neuhoff Station Sale Closes
A transaction announced on February 1 brokered by Kalil & Co. that marks the end of radio station ownership for the Neuhoff Family in two Illinois cities has closed, with radio stations in both Danville and Decatur now under the ownership of a group led by Larry Perrotto.
A Hispanic Media Ad Sales Veteran Joins Nexstar/Houston
A media advertising sales professional whose resume includes stints as SVP/GM for Entravision/Orlando and since March 2022 has served as President/GM of two TEGNA stations in Connecticut has been named VP/GM of Nexstar Media Group's home for The CW in Houston.
PBS to Provide Dynamic Local Audience Data to Member Stations
Nielsen Local Dashboards will be available to PBS Member Stations starting in late May, and similar data will be made available to CPB. PBS will have an exhibit at the PBS Annual Meeting today through May 15 in Las Vegas and hold multiple webinars this summer.
MLB Pro Partner League Signs Gray TV Broadcast Deal
Gray’s television stations in Mankato, Minn.; Rockford, Ill.; Sioux Falls, S.D.; and Cedar Rapids, Iowa will air games from American Association of Professional Baseball (AAPB) teams located in or near those respective markets.
Mutual of Omaha Earns NABLF Corporate Leadership Award
Mutual of Omaha has been select to receive the The National Association of Broadcasters Leadership Foundation (NABLF) Corporate Leadership Award, and will be honored during the 2024 Celebration of Service to America Awards on June 4 in Washington, D.C.
As Upfronts Begin, Short-Form Video Ups Ad Pitch
As NBCUniversal promoted its array of digital and linear content at its Upfront on Monday, sending the message that it can do what no other company can do for marketers, new research suggests "snackable" video content hubs are vitally important to CMOs looking for more brand recognition.
How A Top Commencement Speech Can Help You
Believe it or not, the impact and structure of one memorable college graduation addresses provides a bevy of public speaking learning lessons for broadcast media executives. Veteran PR professional and public speaking coach Rosemary Ravinal outlines these key takeaways in this column.
For A Bright Future Foundation Links With NABLF
The National Association of Broadcasters Leadership Foundation is teaming with a nonprofit organization dedicated to supporting underprivileged and underrepresented children that is designed to provide students with educational opportunities and "sustainable employment prospects" in the media industry.
‘The Saint’ Anoints BE To Bring In New Automation System
For years, Siena College's noncommercial FM in Loudonville, N.Y., has served as a unique alternative to the commercially licensed music stations serving New York's Capital District. When it came time for the school's WVCR-FM to replace its automation system, Broadcast Electronics delivered.
Televisa Taps Synamedia to Overhaul Mexican Broadcast Distribution
TelevisaUnivision is now using Synamedia’s Media Edge Gateway (MEG) and PowerVu solutions to overhaul its broadcast distribution throughout its network of Televisa stations, spanning 180 stations across Mexico.
Samsung Brings the Big Screen to the Editing Room
Samsung Electronics has opened the doors to a Los Angeles-based theatrical post-production studio that serves as an addition to Amazon’s portfolio of production and entertainment businesses, further enhancing the area’s reputation as a hub for creativity and innovation.
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