Headlines
TV’s Coming Political Ad Hangover, The Growing Value Or The TV OS
As much as $16 billion was spent on political advertising this last campaign cycle. While actual numbers are hard to come by because (surprise!) some companies count streaming as part of “digital” ad spend and others count it as part of “TV” ad spend, it seems that around $2 billion went to CTV and around $11.5 billion to local broadcast and cable.
BIA's Ovadia: Local Advertising 'Likely' To See Boost Under Trump
BIA Advisory Services VP of Forecasting & Analysis Nicole Ovadia shares her outlook on 2025 with Radio Ink ahead of her appearance at Forecast 2025.
Mergers & Acquisitions
Station Sales Week Of 11/8
Myers Mermel and Carolin McLain’s WDEV LLC have filed their acquisition of Radio Vermont Group from the estate of Ken Squire.
Television
Sook Sees ‘Huge Opportunity’ For Nexstar In Relaxed Ownership Cap
“The time is now to seek this reform, and Nexstar is once again prepared to lead,” the Nexstar CEO says. “We’ve established our own government relations presence in D.C. to work with both the regulatory agencies and the new Congress.
Tegna’s New CEO Targets Excellence, Technology And Efficiency
Mike Steib sets goals following third quarter results that included record political advertising, positive core and lower subscription revenue.
Radio
iHeartMedia Sees Q3 Revenue Increases, Pushes Back Debt, Sees 2024 As ‘Recovery Year.’
iHeartMedia executives are seeing more evidence that 2024 is a recovery year for advertising revenues.
Townsquare ‘Excited And Confident’ About Digital Programmatic.
Townsquare Media CEO Bill Wilson touts his company as a “Digital First Local Media Company” that has evolved well beyond its broadcast radio roots, and the company’s third-quarter 2024 earnings call on Thursday was another opportunity to drive home the point.
FCC
Carr Says FCC Should Stop Work on Partisan Matters
Brendan Carr says the Federal Communications Commission should stop work now on controversial issues until after Donald Trump returns to the White House in January.
Broadcast Attorney Roundtable Explores Impact of AI, New FCC
Each November, Radio Ink publishes our Broadcast Attorney Roundtable, rounding up the industry’s top legal minds to weigh in on regulatory challenges and opportunities in the year ahead. With political power changing parties, there’s plenty to talk about this year.
