Headlines
Tracking Ad Spend Recovery from the Pandemic by Business Verticals
BIA’s local advertising forecast covers 12 super-verticals and 96 sub-verticals. Using our 2019 forecast for comparison, we examined each super-vertical to identify the year it will recover and even start growing. Here’s what we found.
Gray Asks FCC To Streamline ‘Significantly Viewed’ TV Rules
How the FCC determines whether a television station from one market is “significantly viewed” in a distant community, vital to MVPD eligibility in a second market, is something Gray Television wants “streamlined.”
Mergers & Acquisitions
Deal Digest: Sioux City Religious Broadcaster Inks Deal To Enter Des Moines Market
Des Moines – Religious broadcaster St. Gabriel Communications has filed a $600,000 deal to buy oldies KEDB (105.3) from Honey Creek Broadcasting. Under the terms of the deal, St. Gabriel will allow Honey Creek to continue using the KEDB tower and transmitter building rent-free to operate country KMGO (98.7). St. Gabriel Communications currently owns KFHC (88.1) in the Sioux City, IA area and KOIA (88.1) in Storm Lake, IA.
Television
Where in the World is ATSC 3.0?
The interest in ATSC 3.0 in the United States is so strong, that one might assume that it is being reflected in other parts of the world.
Radio
iHeartMedia's A.I. Chatbot Concerns Are Well-Founded
In a Wednesday memo to all staff, iHeartMedia CEO Bob Pittman addressed these concerns by banning public AI chatbot use for company projects.
Cable TV
ESPN Starting A Streaming Service Is The Beginning Of The End Of Cable
Last month, it was reported by the Wall Street Journal that ESPN has been actively planning to launch a standalone, direct-to-consumer, streaming service. The code name for the project is “Flagship”. It was also reported that such specifics as a timeline, launch date or cost has yet to be determined.
FCC
FCC: 8.3M Homes, Businesses Lack Access to High-Speed Broadband
FCC chair Jessica Rosenworcel says newly revised broadband maps will help address the digital divide
Verticals
Auto Forecast: May Sales Projected To Be Up 15.6% From A Year Ago
There's more reason to feel better about the auto market, according to J.D. Power and LMC Automotive's just-released U.S. sales forecast for May 2023.
