Headlines
TV Hearts Beat FAST For Latest Streaming Trend, But There’s Nothing New About It
FAST channels are streaming’s shiny new object, but in reality, TV stations have been in the FAST business for a very long time. Now, as then, the quality of content makes all the difference.
AdImpact: $43M Already Booked In Political Ads For Radio. News/Talk Leading Format.
With Election Day 2024 just over one year away, roughly $43 million has already been invested in radio by political campaigns and PACs, according to AdImpact.
Mergers & Acquisitions
KEXP to Acquire KREV/San Francisco Out of Bankruptcy
KEXP/Seattle has purchased KREV (92.7) in San Francisco and pending FCC approval and will assume full ownership and operation of the station within the next few months, reports the Seattle Times.
Urban One Gives SBS More Time To Close $7.5 Million Purchase Of KROI Houston
When Spanish Broadcasting System filed a $7.5 million deal in August to acquire inspirational gospel “Praise 92.1” KROI Houston from Urban One’s Sugarland Station Trust, the filing said that SBS can delay the closing of the purchase until no later than Nov. 15.
Pending Sale Leads To 760 The Flame Launch In Nashville
John Fredericks has expanded his network to a seventh market as his Disruptor Radio LLC has acquired Gospel 760 WENO Nashville TN from Broady Media Group for $325,000.
FCC
This Week in Regulation for Broadcasters: November 13 to November 17, 2023
Here are some of the regulatory developments of significance to broadcasters from the past week, with links to where you can go to find more information as to how these actions may affect your operations.
Television
As Social Media Gains Younger News Consumers, More Legacy TV Concerns?
Forget about Facebook, Twitter, and Snap when it comes to around 60% of the average U.S. citizen getting their news -- at times -- from now mainstream social media platforms. More alarming to some are younger news consumers flocking to newer fringe social media sites.
Radio
Christian AM Surrenders License After Tower Site Chaos
After receiving an unusual one-year license extension in April, the owner of a Contemporary Christian Idaho AM is surrendering its license for cancelation.
Digital
Judge Refuses To Scrap X Corp. Deal With FTC Over Ad-Targeting Snafu
A federal judge has rejected X Corp.'s request to modify or terminate a Federal Trade Commission order that requires the platform to maintain a privacy and security program, and to obtain independent evaluations of that program.
X's Unique Un-Sales Strategy: Linda Yaccarino Undermined by Elon Musk
Social-media outlet X won't mark the spot for Madison Avenue until its two top executives align around a single approach
