Headlines
Court Deadlines Suggest Quadrennial Review Challenge Won’t Be Fast.
A quick decision was unlikely, and a federal appeals court in Kansas City is confirming that a challenge brought by broadcasters to the latest quadrennial media ownership review will be a multiyear endeavor.
Seller to Seller: Bernie Laur, Hubbard Broadcasting Minneapolis
Not many in our business can say they have had the career Bernie Laur has had. Laur, the Director of Digital for Hubbard Broadcasting in Minneapolis has, in a way, had multiple successful careers all rolled into one.
Mergers & Acquisitions
Disney and Comcast Still Haggling Over Hulu, Hire Third Financial Adviser to Determine Valuation
Back on Nov. 1, Disney seemed to culminate one of the most active discussions in media-entertainment, agreeing to purchase Comcast's remaining 33% share in Hulu.
Adell Says No To Joint Appeal Of FCC’s WADL Sale Conditions
The owner of the MyNetwork TV affiliate serving the Motor City has notified the day-to-day head of the television broadcasting company that seeks to purchase the station that it will not participate in any regulatory appeal of a decision that allows the multimillion-dollar transaction to “proceed with caution.”
Radio
Low-Power Group Says More ZoneCasting Safeguards Needed.
The low-power FM advocacy REC Networks says it has “deep concerns” about the potential for increased interference to co-channel stations from a proposal to allow FMs to create geo-targeted programming with FM boosters.
Online Ad Upselling Drives Growth In Cumulus Media’s Digital Business
Cumulus Media has been investing in its digital marketing services business, and it is paying off. No part of the company had stronger growth during the first quarter, with sales of new digital products and services growing 25% as advertisers look for new ways to reach consumers online. CEO Mary Berner said that while there is no shortage of digital agencies, Cumulus is finding success by honing in on small and medium-sized businesses.
"We Have Lost The Script"
On college campuses on the east and west coasts, as well as here in the “Great Midwest,” college students are letting us know how angry they are about the direction America is taking.
CTV/OTT
Streaming TV Could Swing The Election: LG Ads Solutions’ Marlow
The television landscape has undergone a dramatic transformation in recent years, with the pandemic accelerating the adoption of streaming services.
Media
How To Sustain Media Buys in Black-Owned Media
No single source seems able to pinpoint just how much brands allocate in dollars to ad inventory on Black-owned media in the U.S. But everyone seems to agree it should be more.