Headlines
The Future of U.S. Local Television
BIA’s U.S. ad spend forecast for all local media, bolstered by the political vertical, plus fastest growth categories real estate, and leisure/recreation, is $172 billion for 2024.
BIA
Economic Pulse: BIA’s Monthly Quick Take for Q2 2024
If you’re a dedicated reader of this blog (Hi Mom!), you know that we have been talking about inflation for well over a year and, most importantly, we have observed that while inflation was on the rise, consumer spending patterns went largely unchanged.
Mergers & Acquisitions
Station Trading Roundup: 3 Deals, $1,258,000
The purchase of five stations by Quad Marketing Group tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.
Deal Digest: Two More Stations For Kentucky’s Ham Broadcasting.
Beth Mann’s Ham Broadcasting Company has filed an $815,000 deal to buy classic rock WKTG (93.9) and classic country WFMW (730) in Madisonville, KY from Sound Broadcasters.
WTUZ Inc. To Acquire WJER
Lauren International is selling Full Service AC 1450 WJER/100.9 W265DL Dover-New Philadelphia OH to crosstown WTUZ Inc. for an undisclosed amount.
FCC
FCC: Simulcast Limits On FMs Are ‘Useful Guardrail’ As It Revives Rules.
One administration undoes what its predecessors did, and it is broadcasters that are caught in the partisan swing of Washington. In a 3-2 party line vote, the Federal Communications Commission has partially reversed a 2020 decision to eliminate the simulcast rule for FMs while leaving it alone for AMs.
Television
Paramount Global: What’s Next? Analyst on Sale, New CEO
"Paramount appears increasingly likely to go it alone," forecasts one analyst, while others discuss a possible new CEO, asset sales and a new streaming strategy.
Salem Breaks Into TV, As Its News Channel Debuts In 55 Markets.
Salem Media Group, owner of 95 radio stations in 35 markets and the Salem Radio Network, has made the move into broadcast television with its Salem News Channel.
Radio
Even As The Dashboard Evolves, Radio Remains An In-Car Priority
While video and gaming are becoming more prevalent in the automobile dashboard as technology improves, audio – particularly radio – is still the dominant entertainment source during travel according to a new report from Xperi, by way of its DTS division.
Tech
Nielsen Says It Is Interoperable With LiveRamp for Data-Driven Ads
Campaign planners can connect first- and third-party data