Headlines
Antenna Use Climbs Among Internet Homes, But NextGen TV Awareness Remains Low
A December 2023 report from Parks Associates revealed a couple of somewhat surprising research findings: 20% of U.S. internet households own a TV antenna, and 12% of those that don’t plan to buy one in six months.
A ‘Relentless’ Move Could Give More Firepower To FCC Challenges
The Supreme Court of the United States on Wednesday morning heard oral arguments in case called Relentless Inc. v. Department of Commerce. Crux to the legal fight in the nation’s highest court is whether the “Chevron Doctrine,” named after the landmark 1984 case Chevron v. NRDC, should be overturned.
Mergers & Acquisitions
Diamond Sports Group Plans To Live On As Creditor Deal Arrives
In recent months, the broadcast television industry has been salivating over its desire to pluck play-by-play rights to various professional sports teams away from what has been described as a “troubled” Diamond Sports Group.
Television
Gray TV: The New Orleans Pelicans Drew Huge Local Broadcast Apples Friday Compared to NBA Finals Oranges
The pro hoops franchise, which presents most of its games on bankrupt regional sports network Bally, averaged a solid 55,000 viewers on local broadcast last week
Radio
Here's How Audacy Is Navigating Chapter 11 Bankruptcy
The prepackaged filing will reduce the radio group's debt from $1.9B to $350M
Cable TV
Media Trades Blast Proposed 'Click To Cancel' Rules
The online ad industry, cable lobby and other business groups on Tuesday argued against the Federal Trade Commission's so-called “click to cancel” proposal, which the agency says will enable consumers to easily cancel recurring fees such as subscriptions that automatically renew.
Tech
Four Big Questions About Gen AI
With AI advancements proliferating and its role in media growing, media companies should step back and ask some key questions about the data being used to fuel its advancements.
FCC
FCC Sends Clear Message In Cumulus EEO Fines, NAB Dismissal
The Federal Communication Commission has rejected calls for post-bankruptcy mercy from Cumulus and the NAB over Equal Employment Opportunity violations at five Georgia radio stations formerly owned by the broadcaster, sending a firm message to broadcasters.
FCC Imposes $26,000 Fine on Broadcaster for One EEO Annual Public File Report that was Uploaded Late
The full Commission this week issued an Order fining Cumulus Media $26,000 for its failure to upload one EEO Annual Public File Report to its online public inspection file until about 9 months after the due date.
Verticals
The Presidential Ad Tally Tops $300 Million With Only One State’s Primary Completed.
With the voting done in Iowa and the New Hampshire primary just days away, the 2024 presidential campaign is now in full swing.