Headlines
Study: TV & Radio Broadcasters Significant Contributors To Nation’s Economy
New research from Woods & Poole Economics with support from BIA Advisory Services show stations generate $1.23 trillion in economic activity and provide 2.52 million jobs.
Talking TV: NAB’s LeGeyt ‘Very Disappointed’ In FCC’s Ownership Decision
NAB President and CEO Curtis LeGeyt says he’s “tremendously frustrated” with the FCC’s late December decision to reaffirm and tighten its regulations on broadcast ownership. So, what’s the organization’s next move?
BIA
Radio and TV: ‘Significant Contributors’ To U.S. Economy
The local commercial broadcast television and radio industry generates $1.23 trillion of Gross Domestic Product (GDP) and 2.52 million jobs through direct and stimulative effect on the American economy.
Mergers & Acquisitions
Station Sales Week of 1/5
Educational Media Foundation and iHeartMedia are swapping four translators.
Radio Training Network Acquires Chattanooga Duo
Brewer Media Group is selling Sports “ESPN Chattanooga” 95.3 WALV-FM Ooltewah/Chattanooga TN and Classic Hits “Big 106.9” W295BI Chattanooga to Radio Training Network for $900,000.
Radio
Religious Broadcasters Get More Time From Supreme Court To Challenge Streaming Rates.
The battle over streaming music rates is far from over, at least from where religious broadcasters sit.
FCC
A Wyoming FM’s Proposed Move Is Denied By FCC
A Class C3 FM serving Wheatland, Wyo., will not be permitted to change its community of license and move to a new transmitter site.
Media
More city hall coverage won’t be enough to revive local news
Compared to their counterparts in communities without an election, monthly web traffic to local newspaper websites does not increase as mayoral elections approach.
Verticals
Auto Industry Has Biggest Sales Year Since 2019.
General Motors eked out a small fourth-quarter gain on the back of Buick, and Toyota Motor finished 2023 with a double-digit sales increase in December, capping the U.S. auto industry’s best full-year total since 2019.
