Headlines
S&P: Credit Ratings Outlook for Local TV Broadcasters Remains Stable
Analysts are “skeptical” that local TV broadcasters will soon see revenue growth from NextGen TV
Talking TV: As NewsNation Expands To 24/5, Its Help Wanted Sign Is Still Out
Cherie Grzech, VP of news and managing editor of Nexstar’s NewsNation, shares the importance of the network’s recent expansion to 24 hours of news each weekday and its two new state-of-the-art studios in New York. She says while other news organizations are cutting staff, NewsNation is still hiring producers and reporters.
Local Radio Topped $13.6 Billion in 2022, Growing Just Over Seven Percent Year over Year, according to BIA Advisory Services Estimates
In the first edition of its Investing In Radio® Market Report for 2023, BIA Advisory Services reports that total local radio over-the-air and digital revenue for 2022 topped $13.6 billion in 2022, growing 7.4 percent from $12.6 billion in 2021.
BIA
Radio's Top Revenue Station Repeated The Feat In 2022
BIA’s Investing In Radio Market Report shows local radio revenue continued to grow in the post-COVID era, reaching $13.6 billion in 2022 – a 7.4% raise over 2021’s $12.6 billion.
Report: Local Radio Topped $13.6 Billion In 2022 Revenue, Up 7.4%
BIA ADVISORY SERVICES reports that total local radio over-the-air and digital revenue for 2022 topped $13.6 billion in 2022, growing 7.4% from $12.6 billion in 2021.
Mergers & Acquisitions
FCC Considers Whether To Let Canadian Company Buy U.S. Radio Station
In what would be a first, the Federal Communications Commission is being asked to approve an application to allow a U.S. station to become wholly-owned by a Canadian broadcaster.
SagamoreHill Snags a New York DMA LPTV Property
It was originally the home of The Box, a 24/7 music video channel. Craig Fox then sold the property to the former Paxson Communications, and in August 2007 was acquired by Miami-headquartered Caribevision Station Group.
Television
More Than Ever Before, TV -- And Now Video -- Is Ads First, Content Second
The TV business was designed primarily for advertisers ahead of viewers, but today, the idea of television -- i.e., video content of all kinds -- as a conduit for connecting brands with consumers has taken hold in a way, and at a level, never before seen.
Two Ways Public Broadcasters Could Advance NextGen TV
A pair of novel ideas surfaced at the Public Media Technology Summit last month
Radio
Farm Broadcasters Ask Stabenow for Help to Protect AM Radio
NAFB says in rural America, AM can be a literal lifeline in emergencies
CTV/OTT
Fox Television Stations Launches Fox Local Streaming App
Washington D.C., Atlanta, and Detroit are the first Fox-owned stations to rollout the app