Mergers & Acquisitions
Deal Digest: Gap Broadcasting Selling Its Last Station.
Iliad Media Group Holdings has filed a $5.3 million deal to buy six full-power stations and five FM translators from Kevin Terry and Rebecca Smith.
Liberty Global Shareholders Approve Charter Communications Merger
Shareholders in Liberty Broadband have approved a proposed merger with Charter Communications.
FCC
Carr Updates Republican Lawmakers On Audacy Review.
Federal Communications Commission Chair Brendan Carr has said he wants to take a “very hard look” at the decision by the Commission to approve Audacy’s bankruptcy plan.
Television
WBD Suffers From Linear Losses – Can Streaming Turn The Tables?
Warner Bros. Discovery is reeling from the decline of traditional TV.
CTA Chief Criticizes NAB's Request to Mandate Support for NextGen TV
The president of the Consumer Technology Association is criticizing a proposal from the National Association of Broadcasters to have the FCC mandate that TV sets sold in the U.S. support ATSC 3.0 (aka “NextGen TV”).
Radio
iHeartMedia Responds to FCC Probe Over Potential Payola
As FCC Chairman Brendan Carr seeks answers from iHeartMedia about potential payola violations stemming from artist payments and airplay policies for the iHeartCountry Festival 2025, the largest radio operator in the US has issued an initial response.
Five Years After COVID-19, Cumulus’ Financial Health Still Weak
Some five years after the COVID-19 pandemic wreaked havoc on the nation’s mental, physical and financial health, the Radio industry is still suffering.
Media
Trump White House Boots Reuters and HuffPost From Press Pool, Blocks Coverage of Cabinet Meeting
Reuters and HuffPost were removed from the White House press pool on Wednesday — a move that came on the first day the Trump Administration’s press team took control away from the White House Correspondents’ Association, which typically determines the pool.
Competitors
Gray Media Seeks VHF-To-UHF Undo In Three Markets
Atlanta-headquartered Gray Media will be the subject of notices of proposed rulemaking that seek public input on plans that would see a trio of the company’s broadcast TV stations reverse their plans for an upgrade to a digital UHF channel.
The Future For TEGNA: Buyer or Seller?
As CEO Mike Steib and Chief Financial Officer Julie Heskett sees it, TEGNA‘s financial strength and “disciplined execution” make it a standout broadcast television station owner, one ripe for growth and the right M&E activity as it nevertheless anticipates total Q1 2025 revenue to decline between 4% and 7%.