Headlines
Diller to bid for Paramount?
Media legend Barry Diller is exploring a bid for Paramount according to NYT reporting. Diller’s digital-media group, IAC, has reportedly signed NDAs with National Amusements, Paramount’s controlling shareholder.
Religion, Contemporary Christian Gain In June’s Format Counts.
The number of U.S. radio stations in the religion (which includes religious teaching, hymns, and related content) and contemporary Christian formats continued to grow in June, outpacing others listed in Inside Radio/PrecisionTrak’s monthly format counts.
Mergers & Acquisitions
Last Seven Neuhoff Stations Are Sold
It’s officially the end of an era for Neuhoff Media, which shared exactly five months ago that it would exit the broadcast industry after nearly 70 years.
Gray Successfully Completes A Marquee Deal
It is a move that could possibly lead to a thaw in regulatory policy when it comes to local broadcast television ownership limits.
Television
Upfront TV Ad Prognosis? Slow-Moving, On A Questionable Front
Weakness in the upfront marketplace appears a foregone conclusion for legacy and digital-first platforms. So what happens after that?
TV Buyers And Sellers Are Still Haggling Over CPMs; Meta Is (Back) On The Hot Seat
Upfront negotiations might take longer than normal this year, Digiday reports.
Media
Supreme Court rulings hit federal regulators from different angles
Exactly 30 years ago, a Warren G hip-hop classic opened with the line "Regulators, mount up!" But now the Supreme Court is giving very different signals.
FCC
FCC Reminds TV Broadcasters Of Emergency Info Access Obligations
The FCC has issued a public notice reminding broadcasters, cable operators, satellite television services, and “any other distributor of video programming for residential reception that delivers such programming directly to the home and is subject to the jurisdiction of the Commission” of their obligation under section 79.2 of the Commission’s rules to make televised emergency information accessible to persons with disabilities.
Verticals
New Forecast Sees Political Ad Spending Hitting $10.7 Billion in 2024
AdImpact sees $5.4 billion for broadcast, over $1.9 billion for cable, $1.5 billion for CTV