Headlines
Biden Departs Race For White House, And Campaign Cash Spigot Is Now Open
The exit of President Joe Biden from the 2024 campaign — and the ascension of Vice President Kamala Harris to the top of the Democratic ticket — has unleashed a record-setting flood of cash.
Mergers & Acquisitions
Station Trading Roundup: 1 Deal, $10
The purchase of K47JK-D Pocatello & K21ME-D Twin Falls, both Idaho, by Ventura Media Communications tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.
Radio
Class A10 Proposal Gets Mixed Reviews. Cumulus Not A Fan, NAB Unsure.
It is estimated that as many as 1,400 Class A FMs could be in line for power upgrades if the Federal Communications Commission goes forward with a proposal to create a new station class that would fit between Class A and Class C3 or B1 FMs.
TelevisaUnivision Optimistic For Hispanic Political Ad Revenue
TelevisaUnivision was the first US radio company to release its second-quarter financials for 2024, but the talk from CEO Wade Davis veered away from Q2 into excitement for the upcoming election as the Presidential race heads into “uncharted” revenue.
Digital
Google Won’t Kill the Cookie. Here Are the Winners and Losers
Google’s decision to keep cookies around will still have an uneven impact across the industry.
Media
US judge will not block Biden administration ban on worker 'noncompete' agreements
A federal judge on Tuesday rejected a bid by a tree-trimming company to block a U.S. Federal Trade Commission rule from taking effect that would ban agreements commonly signed by workers not to join their employers' rivals or launch competing businesses.