Headlines
Local TV Embraced FAST Channels. Have They Paid Off? (TVNewscheck Plus)
Most TV station groups have launched numerous FAST and streaming channels with their content, but serious hurdles stand between them and monetization.
Television
As Linear TV Loses Revenue, WBD Takes A $ 9.1 Billion Write Down
During their second quarter earnings report on August 7, Warner Bros. Discovery announced an $11.2 billion including a $9.1 billion write-down for their linear cable TV networks.
Radio
Keeping The Music Alive
Last week’s most-read post, “How Classical Is Fighting The Demographic Cliff,” focused on how a format featuring music that is centuries old manages to remain relevant, sustainable, and profitable.
CTV/OTT
The Race Is On to Build The Next Profitable Streaming Service
The five major Hollywood streaming services reported a collective profit of $3.2 billion in the first six months of this year.
FCC
Religious Broadcaster: Revived FCC Reports Could Make Some Stations Targets.
Perry Atkinson, head of TheDove Media, says he’s worried about how a new rule requiring radio stations to collect and share employee data with the Federal Communications Commissions might affect his company. He owns six Oregon radio stations, including the religious “The Dove” network of non-commercial FMs, and Perry says once that information is posted online, it would be open season.
'Deceptive Broadcast Contests' Earn Audacy An FCC Penalty
A nationwide cash contest has the country’s second-largest radio station owner in hot water with the FCC’s Enforcement Bureau, as Audacy faces a $14,000 penalty for violating the Commission’s rules, according to a recent enforcement action.
Media
The US Government Wants To Make It Easier For You To Click The 'Unsubscribe' Button
In the name of consumer protection, a slew of U.S. federal agencies are working to make it easier for Americans to click the unsubscribe button for unwanted memberships and recurring payment services.
