Headlines
FCC Clarifies FRN Penalties: 10-Day Update Rule Still Applies To Broadcasters.
“All entities and individuals that register in CORES in order to submit filings to the database or that register for any other purpose be required to update any information submitted to CORES within 10 business days of any change to that information,” the order says.
Study: OTA Broadcasts Offered Lowest Latency of Super Bowl LX Feeds
Broadcast feeds were 19 seconds behind the action versus 48 to 62 seconds for various streaming platforms according to Stats Platform
Mergers & Acquisitions
Clear Channel Outdoor to be Acquired for $6.2 Billion
Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (“Clear Channel” or the “Company”), a leader in U.S. out-of-home (OOH) advertising, today announced that it has entered into a definitive agreement to be acquired by Mubadala Capital, in partnership with TWG Global (“TWG”). The all-cash transaction values Clear Channel at an enterprise value of $6.2 billion.
Paramount Sweetens Offer For Warner Bros. Discovery
Paramount has enhanced its offer for Warner Bros. Discovery, not formally upping its $30-a-share cash bid but injecting a new $0.25 pe share so-called “ticking fee” payable to WBD shareholders for each quarter its transaction has not closed beyond December 31, 2026.
Radio
Three New Studies Show Radio Reaches Travel’s Best Customers
With politics affecting the state of US tourism, the travel industry’s ad strategy may contain a glaring mismatch: billions flow to platforms whose audiences look nothing like actual travelers, while radio, the medium delivering ideal customers, gets a fraction of the budget.
Digital
Most Marketers Use Digital Audio, But ROI Questions Slow Spending Growth.
Digital audio is moving from an experimental line item toward a core part of advertiser media strategies, however marketers say the channel’s next phase of growth will depend on how well it can prove performance.
FCC
FCC’s Gómez Warns Rule Revision Could ‘Hollow Out’ Radio, TV
Less than a week after fellow Commissioner Olivia Trusty expressed her belief that broadcast ownership deregulation would boost competition, the FCC’s lone Democratic Commissioner used her State of the Net Conference address on Monday to argue for just the opposite.
With No Public Input, FCC Approves FM Table Changes
The Assistant Chief of the FCC Media Bureau’s Audio Division is moving forward on delegated authority with the substitution of the FM channel or class for five existing vacant MHz-band allotments located in various communities in Alabama, California and Texas.