Headlines
With Cord-Cutting, Cable TV Industry Is Facing Financial Challenges
For decades cable television had been a “cash cow” for their parent companies, those days however, are quickly coming to a close.
Station Trading Roundup: 3 Deals, $4,500,000
The purchase of four stations by Bridge News LLC tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.
Mergers & Acquisitions
Salem’s Upstate S.C. Spin Is Complete
In August, RBR+TVBR first shared the news that Salem Media Group has agreed to sell its radio stations in the Greenville-Spartanburg market.
Now, the transaction has closed, after gaining FCC regulatory approval. As such, we now know when Salem’s final day of operations will be for the stations.
Dial Turns On FM Ownership In Indiana
A Class A FM serving an area of Indiana to the southwest of Cincinnati is trading hands. What does this mean for the “Froggy” that’s presently habitating this facility?
Television
Group Seeking WTXF License Renewal Denial Gets ‘Boost’
Two media veterans have submitted comments with the FCC that, as the group seeking to thwart Fox Corporation’s license renewal of WTXF “FOX 29” believes, bolster its claim that the TV station owner and both Rupert and Lachlan Murdoch lack the character required of public broadcast license trustees.
Radio
Congress Headed Radio's Way On Performance Fee-Free Future
While the AM For Every Vehicle Act gains more traction in Congress, another piece of radio legislation is also building steam this session behind the scenes.
L.A. Stations Broadcast National EAS Test in Spanish
“Esto es solo una prueba.”
That’s how the phrase “This is only a test” sounded on two stations in Los Angeles last week. They used the Spanish-language version of FEMA’s National EAS test message.
CTV/OTT
Scripps: We Have Deals To Step in If Bally Sports Drops Local Teams
E.W. Scripps has agreements to place in several markets to broadcast games where teams are worried that their games will no longer be telecast by Bally Sports regional networks.
Pay TV
New CEO: CNN Too TV-Dependent, 'Nowhere Near Ready' For Future
On his first day as CNN’s new CEO on Monday, Mark Thompson declared that, despite encouraging developments like the recent launch of the CNN Max streamer, is too dependent on traditional TV and “nowhere near ready for the future.”
Media
Leonard Downie: Local news isn’t dying. It’s changing.
You’ve heard local news is dying. In fact, it might just be evolving.
