Headlines
iHeart’s Bob Pittman: Radio Provides Connection And Trust In An AI-Obsessed World.
Bob Pittman, Chairman and CEO of iHeartMedia, joined MSNBC’s Stephanie Ruhle for her “Keynote Conversation” Tuesday night to discuss the evolving landscape of news consumption, emphasizing the shift from traditional media to social media and podcasts.
Local TV News For A Post-TV World
The ongoing relevance of local television news is in serious question, according to new research from Northwestern University’s revered Medill School of Journalism and its enterprising Local News Initiative.
Mergers & Acquisitions
Deal Digest: Draper Media Closes Eight-Figure Deal In Delaware And Maryland
Draper Media has closed an $11 million deal to buy six stations and an FM translator in two markets from Lynn Deppen’s Forever Media.
Television
Layoffs At NBC News, And The Painful Math Behind The Versant Spinoff
Layoffs that NBC News staffers had been bracing for finally got under way at 30 Rockefeller Plaza on Wednesday, with the company confirming around 150 staffers are being impacted by the cuts.
Radio
Radio Still Rules the Road As Drivers Crave Smarter Dashboards.
Even in a world of streaming audio and on-demand media, AM/FM radio remains the dominant in-car medium.
CTV/OTT
Study: 45% of U.S. Internet Households Now Watch FAST Services
Parks Associates has released new data showing that nearly half (45%) of U.S. internet homes watch free ad-supported streaming TV (FAST) services and 89% of U.S. internet households subscribe to at least one streaming service.
Media
Building A Stronger Sports Economy Through U.S. Hispanics
With ties to professional leagues, community clubs, and recreational sports, Latino fans are a powerful force that drive ticket sales, streaming, and media consumption at scale.
Verticals
Auto Drives $4.8 Billion Into Ads: Hit Record Ad Spend In First Half.
Consumers pressured by higher prices and a market increasingly driven by wealthier Americans snapping up pricier models has led local car dealers to spend record amounts of money this year on advertising.
Consumers
iHeartMedia Study: Consumers Digitally Fatigued, Craving Human Connection.
iHeartMedia has revealed the results of its third annual consumer study, highlighting how technology and AI are reshaping audience behaviors, beliefs, and trust.
