Headlines
Report: Paramount Global Majority Owner Shari Redstone Has Tentative Deal to Sell Company to Skydance Media
Shari Redstone, whose family-held National Amusements owns about 80% of Paramount Global, has reportedly reached a tentative deal to sell her stake in the media company to Skydance Media, the Santa Monica, Calif.-based studio owned by David Ellison, son of multibillionaire Larry Ellison, according to Bloomberg News, which cited sources familiar with the situation.
Stepping On The Gas For NextGen TV Broadcast Deployment
ONE Media’s Jerald Fritz: NextGen broadcasting provides new essential tools for broadcasters to serve their viewers as well as generate new revenue streams. We need to fast track the effort to bring that to the market.
Mergers & Acquisitions
Deal Digest: Norsan Media Upgrades To An FM In Greenville-Spartanburg
Norberto Sanchez’s Norsan Media has filed a $700,000 deal to buy AC “Magic 106.3” WSPA-FM from Audacy.
Television
Free TV Networks To Launch New Over-The-Air Channel
Dare will be a national ad-supported broadcast network in partnership with A+E Networks.
TV Station’s ‘Must Carry’ Denial Upheld By Media Bureau
It’s been a difficult 12 months for One Ministries, the licensee of a digital full-power television station licensed to a coastal Mendocino County, Calif., community.
Hunt for Disney CEO Bob Iger's successor kicks into high gear
With Walt Disney’s (DIS.N), opens new tab months-long proxy war with activist investor Nelson Peltz in the rear-view mirror, attention is refocused on finding CEO Bob Iger’s successor.
Radio
The Four Takeaways You Need To Know From Infinite Dial
Last week’s reveal of the 2024 edition of Infinite Dial was a dizzying swirl of data and trends, most of which underscored the ongoing growth of digital audio.
A Collapsed 2019 Deal Is Turning Up In 2024 As Part Of Rocking M’s Bankruptcy Case.
A hearing has been set for April 11 by a Kansas bankruptcy judge to decide whether to allow Allied Media Partners (AMP) to move forward with its pending lawsuit against Rocking M Media.
Audiences Remain Loyal To Radio Ads, But A Disconnect Remains
As the digital age accelerates competition for consumer attention, AM/FM radio remains a significant player in the advertising landscape according to new research published in The Ad Bargain, a comprehensive media study by Signal Hill Insights and Sounds Profitable.
FCC
The FCC's Final Rules for Geotargeting Are Still Pending
It has approved the technology for “one-year, renewable experimental authorizations” until rules are finalized