Headlines
Worldwide, news publishers face a “platform reset”
“News use across online platforms is fragmenting”: That’s one of the findings from Oxford’s Reuters Institute for the Study of Journalism (RISJ) in its 2024 Digital News Report, out Monday.
Study Of Workday Listening Shows ‘Continuing Resilience’ Of AM/FM Radio.
Results of a nationwide survey among more than 800 employed radio listeners ages 18 and up shows that AM/FM remains strong as a workday listening choice.
Mergers & Acquisitions
Mission Demands Deposit Refund For Failed WADL Buy
The legal counsel representing Mission Broadcasting, the privately held licensee of broadcast television stations run by Nexstar Media Group via shared services agreements, has formally demanded to Adell Broadcasting that it release a deposit made as part of the company’s now-scuttled deal to purchase WADL-38 in Mount Clemens, Mich., for $75 million.
Television
Disney Is Courting a New Group of Advertisers It’s Betting Could Drive Billions In Revenue
Until recently, Disney’s BridgeID has been able to connect with identifiers from four other companies.
NextGen TV Comes Ashore in Myrtle Beach, S.C., Market
Television stations in the Myrtle Beach, South Carolina, market began broadcasting using the new NextGen TV technology on Wednesday.
Radio
Radio Is A Game-Changer For Advertisers Looking Beyond TV
It’s been repeatedly revealed in the past months that if an advertiser shifts its media campaign budgets from TV to include radio buys, it could see as much as a 30% reach increase. Now Audacy has provided three case studies futher backing up the value of AM/FM as an ROI machine.
FCC's Carr Wants To Ensure No 'Soros Shortcut' For Audacy
In April, US Representative Chip Roy (R-TX) warned FCC Chairwoman Jessica Rosenworcel of what he called a “Soros shortcut” to allow Audacy to emerge from bankruptcy as soon as possible. Now FCC Commissioner Brendan Carr is voicing his concern as well.
FCC
FCC Admonishes Three TV Stations for Not Having Clauses in Sales Agreements Requiring Non- discrimination in the Purchase of Advertising Time – A Reminder to Broadcasters
As we wrote in Sunday’s weekly summary of broadcast actions, last week was a very active one at the FCC. The FCC released the texts of rulemaking proposals on annual regulatory fees and on new regulatory proposals for LPTV and TV translator stations.