Headlines
Tudum: Netflix Wins Warner Bros. In $72 Billion Deal
Netflix, the streaming Goliath born out of a DVD-by-mail service, is acquiring Warner Bros. — including its film and television studios, the HBO Max platform in competition with Netflix, and the HBO cable TV network, from the David Zaslav-led Warner Bros. Discovery.
Mergers & Acquisitions
Netflix Offers Transaction Details And Timing of Warner Bros. Deal
It is one of the largest-ever media transactions to be seen in modern times, and it will bring HBO, HBO Max and the Warner Bros. studio to Netflix.
FCC Approves AT&T’s $1 Billion Acquisition of UScellular Spectrum
The Federal Communications Commission has approved AT&T’s $1.02 billion acquisition of spectrum from UScellular in a decision that was issued shortly after AT&T told the regulator it had abandoned its DEI efforts.
Television
Price: The Networks’ Robbery Of Affiliates Might Finally End
The FCC is looking into whether the power dynamic between networks and stations has become so one-sided that affiliates can no longer serve the best interests in their communities.
Radio
Bill Wilson Tells Investors What Sets Townsquare Apart From The Pack.
Throughout a 30-minute “Fireside Chat” at NobleCon21, CEO Bill Wilson repeatedly characterized Townsquare Media as “differentiated” from other local media companies.
November Format Counts Show Christian, Spanish, Religion Still Rolling.
There’s good news for half of the formats in the top 10 — four of those in the top five — of Inside Radio/PrecisionTrak’s monthly counts.
Out of Home
David Sailer Talks Digitals and M&A
Here are excerpts from comments by Clear Channel Outdoor EVP/CFO David Sailer at this week’s Bank of America leveraged finance conference, sponsored and analyzed by Signvalue.