Headlines
BIA Says Radio Deal Volume Jumps In May, Driven by Alpha-Connoisseur Deal.
There was a big jump in the number of radio station sales in May, with Connoisseur Media’s acquisition of Alpha Media’s 200 stations a big factor.
Mergers & Acquisitions
Deal Digest: Draper Media Scoops Up Wilmington Cluster In $11 Million Deal.
Draper Media has filed an $11 million deal to buy six stations and an FM translator in two markets from Forever Media.
Television
Why Local TV Station Owners Are Exploring Sales (subscription required)
Allen Media Group is the latest to put up a for sale sign, seeking $1.3 billion to $1.5 billion to clear the company's debt, an individual familiar with the matter tells TheWrap
Fox Advertising Upgrades Its Converged Media Platform
Fox Advertising announced a number of improvements and upgrades to OneFox, its media platform that unifies inventory and audiences across linear, streaming and digital into a media buying experience powered by AdRise.
Nexstar Pitches Investors on Reach, M&A, Deregulation and NextGen TV Opportunities
Nexstar Media Group, the nation’s largest broadcast station group, has offered investors a new presentation that highlights the company's growth potential.
Pay TV
Study: U.S. Consumers Spend $164 Billion Per Year on Cable, Internet
U.S. households spend $164 billion annually on cable and internet services, which represents approximately 4% of the total $4.55 trillion spent on household bills each year, according to a new study released by Doxo.
Print Media
Small-Town Newspapers Are Dying Because No One Wants to Run Them
For more than a century, the McClusky Gazette has reported the news in a small town in the middle of North Dakota. But if Allan Tinker, the newspaper’s eighty-three-year-old owner and publisher, can’t find someone to take over by next spring, she plans to close its doors for good.
FCC
FCC Delays New Sponsor ID Rules For Six Months While Court Challenge Remains Pending
It remains in doubt whether new Federal Communications Commission rules requiring stations to do more legwork when leasing airtime will survive a court challenge.
Verticals
AdImpact: $645M In Political Spending Tracked So Far; NYC Mayoral Primary Generates $21.1M.
Ad intelligence and competitive advertising insights platform AdImpact says that as of this week it has tracked about $645 million in political spending across all 2025 and 2026 races — up more than $200 million from an update from early May.