Headlines
VAB Explores How TV Ads Call Consumers To Action
First-time TV advertisers are achieving “significant and sustained” mid-funnel results once they launch their campaign.
OpenAI Makes A For-Profit Pivot. How Will It Impact Local Media?
OpenAI is looking to restructure from its current nonprofit status into a for-profit corporation and the venture capital windfall that will almost certainly follow. Here’s how that can have knock-on effects for local media.
Mergers & Acquisitions
Deal Digest: Chicago’s ‘Polski FM’ To Get New Owner
Mina Georgalas’ Rhythm Enterprises has filed a $3 million deal to buy ethnic Polish “Polski FM” WCPY (92.7) from Newsweb.
Television
Game Time For A New RSN (Yes, A New RSN)
The new Chicago Sports Network (CHSN) launched in earnest on Tuesday, marking a bold new chapter for regional sports broadcasting in the Windy City.
Radio
What Challenges Keep Radio's Best Managers Awake At Night?
This may come as a shock, but we’re almost halfway through the 2020s. So far in this decade, radio has fought a pandemic, massive inflation, labor shortages, and countless competitors springing up every day.
Pay TV
Disney says DirecTV misunderstood "clean slate" clause
The entertainment giant says the FCC should toss the pay TV provider's good faith complaint, because it involves a routine term to resolve and prevent litigation.
Media
Diamond Sports to drop most Major League Baseball TV deals
Diamond Sports Group will sunset most of its telecast agreements with Major League Baseball (MLB), the regional sports broadcaster informed a federal bankruptcy court on Wednesday.
Verticals
Senate Republicans make sudden change in ad strategy amid cash crunch
Senate Republicans’ campaign arm is making a last-minute shift in its TV advertising strategy in the face of a growing spending disparity with Democrats in key races.
Car Dealers Spent $4.5 Billion On Ads In First Half Of Year.
A strengthening auto market resulted in more advertising by franchised car dealers during the first half of the year.