Headlines
NAB’s LeGeyt Sees Risk And Rewards In AI, But Says Congress Needs To Create Guardrails
Journalism, like a lot of industries, is likely to change as artificial intelligence takes root. But while he sees opportunities for radio and television stations to take advantage of AI, National Association of Broadcasters President Curtis LeGeyt thinks there are risks too, especially if no guardrails are in place.
Deal Digest: Saga Sells Asheville AM, Chicago AM Changes Hands.
Radio Training Network has filed a $900,000 deal to buy “ESPN Chattanooga 95.3” WALV from Brewer Media.
Mergers & Acquisitions
A Chicago-Area AM Finds A New Owner
It’s known as “The Big One,” and mainly reaches the suburban Chicago cities of Wheaton, Joliet and city of license Aurora via its AM signal at 1280 kHz.
EMG, Gravity Media Announce Merger
The new entity, which is yet to be named, will include more than 100 outside broadcast trucks and flypacks and 40 studios and production facilities
Television
NextGen TV hits 75% of households, 100+ products available to consumers in 2024
In 2024, U.S. consumers will have access to over 100 products equipped with NextGen TV, thanks to the expansion of the ATSC 3.0 broadcast standard.
NEXTGEN ATSC 3.0 TV Will Launch in Chicago in February On a New Station
NEXTGEN TV will launch on CBS 2 News Chicago in February, one of the first rollouts scheduled for 2024.
Radio
Townsquare Media Takes Five Stations Silent, Surrenders Two AM Licenses.
Townsquare Media has silenced, at least temporarily, five stations located in Upstate New York, New Jersey, and Michigan.
Tech
AI Threatens to Crush News Outlets. Lawmakers Signal Change Ahead
Media outlets are calling foul play over AI companies using their content to build chatbots. They may find friends in the Senate.
FCC
Franchise Authorities Push Cable-Fee Reregulation at FCC
Localities say providers should be subject to levies on internet-service revenue
Philly State Rep Urges FCC To Renew Local Fox Station’s TV License
Fox Corp.’s effort to protect its Philadelphia TV station from license revocation just got some new local political support.