Headlines
On 3-2 Vote, FTC Puts An End To Non-Compete Clauses
It’s a significant ruling from the Federal Trade Commission, Chaired by Lina Khan, that could bring disruption to radio and television stations that hasn’t been experienced in generations.
Killing Noncompetes Could Deliver A Body Blow To Broadcasters
If the Federal Trade Commission’s decision to ban noncompete agreements stands, anchors and many reporters should brace for the probability of seeing their salaries fall.
BIA
BIA: Three-Quarters Of All Spanish-Language Stations Are On FM Dial
Spanish-language radio was once the province of small, independent companies. But as the Hispanic population has grown, along with its buying power, the makeup has changed.
Mergers & Acquisitions
FCC Gives Green Light To WADL Sale, With Many Conditions
After an unprecedented series of meetings with FCC Commissioners and an appearance by advocate Rev. Jesse Jackson in the Encore Tower Suites lounge at the close of last week’s 2024 NAB Show in Las Vegas, Kevin Adell and his Adell Broadcasting Corp. are celebrating.
EW Scripps exploring sale of Black-culture broadcast network Bounce TV
E.W. Scripps, one of the largest local TV broadcasters in the U.S., has hired a financial advisor to evaluate inbound interest in acquiring Bounce TV, its over-the-air network geared toward African Americans, according to Scripps CEO Adam Symson.
Television
Local News Close-Up: St. Louis Born and Bred
Stations everywhere take pride in having a main anchor who comes from the market they represent.
Radio
Pacifica’s N.Y. Flagship Settles Underwriting Rule Foul
Iconoclastic and contentious. That’s how some describe the 64-year history of the Pacifica Foundation’s noncommercial WBAI-FM 99.5 in New York. Fiscal problems in August 2013 led to major layoffs.
Conservative Activist Raises Red Flag At FCC Over George Soros Investment In Audacy.
Brent Bozell’s Media Research Center is asking the FCC to deny Audacy’s change of ownership related to its Chapter 11 financial reorganization.
CTV/OTT
Tubi Partners With DAZN to Add Women's Soccer Channel, MMA and Boxing
Tubi, Fox’s free, ad-supported streamer, has partnered with British streaming service DAZN to add new channels featuring live and recorded women’s football, or soccer, as its known in the U.S., as well as boxing and MMA.
Verticals
11 States Now Have Laws Limiting Artificial Intelligence, Deep Fakes, and Synthetic Media in Political Advertising – Looking at the Issues
Artificial Intelligence was the talk of the NAB Convention last week. Seemingly, not a session took place without some discussion of the impact of AI.