Headlines
FCC Approves Skydance-Paramount Deal
The FCC late Thursday announced that, at long last, it has approved Skydance’s $8 billion acquisition of Paramount Global and its subsidiaries, including the ultimate parent company of the CBS network of owned and operated broadcast television stations, by granting a series of applications that transfer FCC licenses and authorizations.
Skydance to FCC: Paramount Will End DEI, Impose Controls to Ensure ‘Unbiased Journalism’
In a notable effort to obtain approval for the Skydance-Paramount Global merger, lawyers for Skydance have sent letters to the Federal Communications Commission saying that it will end all diversity, equity and inclusion (DEI) efforts and that it will set up control to ensure “unbiased journalism.”
BIA
Local TV Strategies: BIA’s Ducey To Give Local TV Revenue Outlook
BIA Advisory Services’ veteran analyst Rick Ducey will look at how macroeconomic factors and industry-shaping forces like deregulation, connected TV and more have generated headwinds, tailwinds and crosswinds, as the industry wends through a challenging year.
Mergers & Acquisitions
Sinclair Buys Two Stations. One in Kentucky and Another in Missouri
Sinclair just bought the non-licensed assets of WDKA in Paducah, Kentucky (MyTV) and Fox affiliate KBSI in Cape Girardeau, Missouri with an option to acquire all the licensed assets of the stations.
Television
Why TV Pharma Ads Are Proliferating
Pharmaceutical advertising has been a growth sector in advertising for years in the U.S., with a significant portion on television, as any viewer of the medium today knows well, and as eMarketer well documents.
Radio
Holiday Case Study Shows Audio Ads Win Early Shoppers
With 41% of holiday shoppers planning to tackle their lists before Halloween, the time for advertisers to launch their seasonal campaigns is well ahead of Black Friday.
FCC
Carr Says FCC's 2022 Quadrennial Review ‘Will Be Inspired' by Court Ruling Eliminating Some Ownership Rules
Federal Communications Commission Chair Brendan Carr says that the agency's 2022 Quadrennial Review of broadcast ownership regulation “will be inspired” by a recent 8th U.S. Circuit Court of Appeals ruling on the 2018 Quadrennial Review that vacated the agency's rules against a station group owning more than one of the top-four TV stations in audience share in a given market.
FCC Clears 11 "Outdated and Useless Rules"
A packed room and a busy agenda of items on the docket set the stage for the Federal Communications Commission’s July open meeting, where it passed all six of its proposed initiatives.
FCC Moves Closer to its Next Spectrum Auction
Enhancing national security is one benefit. Dollar generation from a forthcoming spectrum auction is another plus.