Headlines
FDA 'Cease And Desist' Likely To Have Massive Impact On $7B TV Category
In response to what it says is “deceptive” pharmaceutical advertising, the Food and Drug Administration sent out “100 cease-and-desist letters” to brands
Mergers & Acquisitions
Paramount Skydance prepares Ellison-backed bid for Warner Bros Discovery
Paramount Skydance is preparing a majority cash bid for Warner Bros Discovery that is backed by the Ellison family, the Wall Street Journal reported on Thursday, citing people familiar with the situation.
Radio
Bipartisan Support for AM Radio Act Tops Two-Thirds of US House
The AM Radio for Every Vehicle Act has hit its highest level of support yet, surpassing the two-thirds threshold in the US House of Representatives with 296 cosponsors.
CTV/OTT
Netflix’s 10-Year Window on Top Originals is Expiring. Studios Smell Blood
‘House of Cards,’ ‘Orange Is the New Black’ and 130+ shows are set to hit the market as FASTs, rival streamers and yes, cable, muscle in.
Nielsen: Hispanic Consumers ‘Leading the Way’ in Consuming Streaming Content
Demo spends much more time with streaming services than the general population, according to a new study.
MeTV Network Now Available On Sling TV Streaming Service
Weigel Broadcasting’s classic entertainment TV network MeTV is now available to stream nationwide on the Sling TV service offered by EchoStar.
FCC
FCC Begins Quadrennial Review of its Local Ownership Rules for Radio and TV
Every four years, the FCC is supposed to conduct a review of its local broadcast ownership rules - the rules that govern the number of radio or television in a market in which one person or entity may have an “attributable” interest (some form of control rights defined under very complicated FCC attribution rules).
FCC Denies Weather Alert Radio Network’s Bid For 105 LPFM Applications.
The Federal Communications Commission has dismissed, and on separate and independent grounds denied, Weather Alert Radio Network’s (WARN) effort to revive more than 100 low power FM applications.
Verticals
Inventory Holds Steady Amid Mixed Market Signals - Cox Automotive Inc.
New-vehicle inventory is gradually increasing as next-model-year vehicles arrive and measures to encourage electric vehicle purchases take effect. Sales in August were higher compared to previous months and the previous year; new-vehicle inventory and days’ supply have declined year over year, based on Cox Automotive’s analysis of vAuto Live Market View data.
Sales
Grab & Go Insights Charts and Stats - Video Advertising Bureau
Find over 200 charts, stats and figures on some of the most important topics in the media, advertising and marketing industries to inform your marketing strategy.