Headlines
Streaming Revenues Expected to Eclipse Pay-TV Revenues in U.S. This Year
Increased revenue from advertising and a boost in subscriber growth, alongside the decline in traditional pay TV, has led to inflection point, Ampere says
Reactions Are Mixed To FCC’s Move To Collect Employee Data
There is both praise and criticism for a decision last week by the Federal Communications Commission to restart the collection from radio and television stations of information about the race and gender makeup of their workforce. It comes as race-based hiring practices have become a hot-button issue, and the FCC’s decision may face legal challenges.
Mergers & Acquisitions
Main Street Media And Peg Broadcasting Make $1 Million Six-Station Deal
Chad Graves and Scot MacDonald’s Main Street Media (MSM) has filed a $1 million deal to buy six stations owned by Peg Broadcasting.
DLC Media To Close, Sell Off Six Indiana and Illinois Stations
After the announcement that Neuhoff Media is exiting radio, another broadcast group in the Midwest is shutting down. Dave Crooks, the President of DLC Media, Inc., has decided to retire and is selling his six stations to two local Indiana and Illinois radio operators.
Bouldin Spins An AM In Appalachia
In June 2023, RBR+TVBR readers first became familiar with Roger Bouldin, the Corporate General Manager for Bristol Broadcasting Company and the founder of his own Bouldin Radio, thanks to his purchase of an AM/FM combo in Virginia’s Appalachia region.
Radio
Former FEMA Admin Gaynor: Where Cell Signals Fail, AM Is There
Former acting Secretary of the US Department of Homeland Security Pete Gaynor is the latest official to speak out in favor of the AM For Every Vehicle Act, referencing growing nuclear danger overseas as well as recent domestic technological troubles.
FCC
This Week in Regulation for Broadcasters: February 19, 2024 to February 23, 2024
Here are some of the regulatory developments of significance to broadcasters from this past week, with links to where you can go to find more information as to how these actions may affect your operations.
Starks Defends FCC Return Of Key EEO Data Form Use
With Republicans nothing short of furious over the FCC’s 3-2 party-line vote to reinstate the EEO data collection generated through a single form that’s been dormant for two decades — and the use of the data in single-station reports, Democratic Commissioner Geoffrey Starks believes the FCC’s actions simply amount to a reinstatement of “a longstanding, statutorily-mandated requirement to collect workforce diversity data from broadcasters.”
EEO Fine Against Rocking M Media Upheld By FCC
Rocking M Media says most of the allegations concerning its EEO recruitment performance aren’t accurate, but it does not dispute that its annual reports for 2020 and 2021 were placed late in the public file for its Dodge City/Ingalls, KS and Colby/Goodland, KS station groups.
Verticals
North Carolina Is Next To Bet On Radi0
On March 11, North Carolina will become the 30th state, in addition to the District of Columbia, to legalize sports gambling.
