Headlines
Are There Cracks In The Local TV Station News Money-Making Machine?
Are viewers in certain small markets just not tuning into news? Perhaps other live TV news content from national and regional platforms is getting more play.
Scripps Commits To Boost — And Better — Its News Coverage
CEO Adam Symson today announced a “news initiative,” in which the company will “invest nearly $10 million to increase compensation where needed to ensure we can attract and retain the best journalists” and “add about 250 on-the-ground resources to our local reporting teams.” It says it will also “rethink” its approach to local news coverage and content, “and the way we talk to our viewers/audiences through branding and promotion.”
Mergers & Acquisitions
Deal Digest: 5T Touches Down In Nevada.
Nevada – Tyler and Tamra Gunter’s 5T has filed a $1 million deal to buy five stations and four FM translators in the Elko, NV area from Paul and Ketra Gardner’s Elko Broadcasting.
A Taylor Made Deal In Miami For Landis
An AM/FM combo in Miami that reaches nearby cities in Kansas and Missouri is being sold. That’s Miami, Okla., of course. And, the deal is “Taylor Made” for the buyer, Michael Landis.
Television
RAPA, PMVG Partner On ATSC 3.0 Showcase Station In Tennessee
The low-power station in Cookeville, Tenn., will highlight the capabilities and benefits of NextGen TV
Radio
Uncovering the Political and Social Issues in Hispanic Radio
Traditional Hispanic radio stations play a huge role in keeping their communities engaged and informed. The upcoming political season brings new opportunities to Hispanic broadcasters and media professionals: Will you be ready for them?
Iowa Station Returns To The Air After March Tornado
It’s been a long two months, but iHeartMedia Iowa City/Cedar Rapids’ 100.7 The Fox (KKRQ) is back broadcasting after being taken offline due to tornado damage.
Competitors
Warning Two For Urban One Over Non-Compliance
Urban One received a second warning letter from Nasdaq on Wednesday for its non-compliance over a failure to file its 2022 Annual Report with the SEC.
Sinclair OKs Holding Company Reorganization
At a special meeting held on Wednesday, Sinclair Broadcast Group’s shareholders gave an affirmative nod to the company’s previously announced reorganization.
Media
How McDonald’s, P&G, Coca-Cola, GM and other big brands are spending on Black-owned media
Ad Age survey shows results are mixed, and interviews reveal battle lines over shift to programmatic
Why Black-owned media is against programmatic advertising
Black-owned media executives discuss how to grow the DE&I market and why the economy shouldn’t be an excuse not to invest
