Headlines
Paramount sale talks: Why Shari Redstone needs the right deal
Paramount Global nonexecutive chair and controlling shareholder Shari Redstone has been talking to potential buyers interested in acquiring her media company — or parts of it for years — but the seriousness of those discussions has heightened in recent months.
Byron Allen Is A True Believer
The syndicator, station owner, cable network empresario, force of nature has gotten some attention from Shari Redstone with his $30 billion offer for her Paramount Global. He’s got a lot going for him because Allen believes in the future of our business. Virtually every investment he has made, every deal he has reached for, has been about his belief in linear television.
Mergers & Acquisitions
Small Kentucky City Planning To Sell Cable TV-Internet Division
A city-owned cable TV and Internet provider in central Kentucky is hanging the for-sale sign.
Television
Sinclair Accelerates Newsgathering With Avid, Sony and Marquis
Fundamental to Sony’s C3 Portal news workflow is the automatic preservation and enrichment of metadata from the point of origination
Radio
Alabama Radio Station Owner Reports 200-Foot Tower Stolen
Less than one month after an Oklahoma FM tower was toppled to loot for copper wire and tubing, an Alabama station owner is reporting an even more shocking story – his entire 200-foot tower was stolen.
FCC Nears Decision on Zonecasting for FM Stations – What’s at Stake?
This week, Commissioners Carr and Starks issued a joint statement congratulating Chairwoman Rosenworcel for circulating an order to resolve the FCC’s long-pending proceeding about whether to authorize “zonecasting” or “geo-targeting” for FM stations. Zonecasting would allow FM broadcasters to use FM booster stations operating on the same channel as their main signal, within a station’s existing service area, to originate different programming in different parts of their markets.
Media
How a Black Media Mogul Built an Empire With a Love for Her People
Cathy Hughes never set out to make Urban One into a media conglomerate. She just wanted to help Black people.
FCC
This Week in Regulation for Broadcasters: January 29, 2024 to February 2, 2024
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.
Verticals
More Political Dollars In Cue As Senate Ad Buys Begin Rolling
A lot of the political spending so far has been tied to the presidential race, but an ad tracking firm says it has seen an uptick in pre-booking among several key U.S. Senate races.
