Headlines
Netflix Nabs Big Breakup Fee As Paramount Wins WBD
Warner Bros. Discovery has just jilted Netflix after receiving what it calls a “superior offer” from Paramount.
Nexstar CEO: TEGNA deal expected to close in late 2026
Nexstar CEO Perry Sook said the company has provided regulators with required documents for its $6 billion TEGNA deal and expects to close in the second half of 2026.
Mergers & Acquisitions
Station Sales Week of 2/27
Station personalities Bob Buck, Richard ‘Rick Allen’ Axenty, and David Maul’s KBZY Broadcasting will purchase Oldies 1490 KBZY Salem OR from Louis Risewick’s Rise 95 LLC for $60,000.
Television
TVB: Linear TV Still King
TV, viewed on a television screen, has the highest reach and time spent of all media platforms studied, according to the advertising association
Radio
Brands Win With Radio Ads as MLB’s Top Fans Tune to AM/FM
In less than a month, baseball’s biggest fans will be packed into ballparks across America for the earliest season opener in Major League Baseball history. But for the rest of the season, you’re likely to find those same fans glued to AM/FM coverage.
Out of Home
Why OOH’s Biggest Players Still Drive Growth
For the past four decades, the most meaningful innovation in OOH has come from scaled operators willing to invest capital, take regulatory risk, and modernize the medium.
FCC
Regulatory Fee Penalty for Late Payments Stays As Is
The FCC has rejected, en masse, a round of requests to waive the statutory 25% late payment penalty on overdue FY 2023 and FY 2024 regulatory fees, underscoring that relief is reserved for rare, extraordinary circumstances outside a payer’s control.
FCC Waivers Needed for EAS Equipment that Is Not Operational But Not Defective
In the last three weeks, we have noted three cases where the FCC’s Public Safety and Homeland Security Bureau granted waivers to broadcast stations to temporarily disconnect their EAS equipment while changing tower sites (see decisions here, here, and here).