Headlines
Ads in AI: Is ChatGPT’s Ad Program Tepid or Transformative?
Among the many spinning plates in the AI world, one development gaining ample attention is OpenAI’s move into advertising. What has it done so far? Where is it going next? And what’s driving it? This is the topic of a recent BIA podcast episode (summary and full episode below).
Mergers & Acquisitions
Connoisseur Media to Sell 6 South Dakota Stations
After spinning off several of its South Dakota stations earlier this year to local staff in Brookings, Connoisseur Media has found another in-state broadcast company to divest stations it originally acquired in its purchase of Alpha Media.
Deal Digest: Cumulus Downsizes Clusters In Three Markets.
Radio Training Network has filed a $2.45 million deal to buy country “Nash Icon 93.3” WWFF in the Huntsville, AL market and sports “100.5 The Game” WWFN in the Florence, SC market form Cumulus Media.
Inside A Dallas Radio Deal 30 Years In The Making.
CEO Alfred Liggins said Thursday he’s been trying to convince Service Broadcasting owner Hymen Childs to sell his two FMs to Urban One for decades.
Television
Upfront Focus: Linear Unchanged, Shift To Social Video, CTV
More than ever for this TV upfront market, brands and media-buying and media-planning executives are focused on one critical factor: real returns on their media spend.
Radio
New York Talker WABC Leads America’s Top 10 AM Stations.
Since Red Apple Media took over the ownership of New York talk station WABC (770) in 2020, it’s become the top-ranked AM-exclusive outlet in the market.
CTV/OTT
Competitive Info: FAST Channels Gain As Traditional TV Declines, Parks Finds
Traditional television continues to lose viewers to free ad-supported streaming television (FAST) services, according to new research from Parks Associates.
Study: Data and Measurement Problems Reduce CTV Ad Budgets
A new study from Gracenote highlights how ongoing problems with data and measurement are limiting the shift of ad budgets from linear TV to CTV advertising.
Media
Byron Allen on His Fire-Sale BuzzFeed Deal and Taking Over Colbert's CBS Time Slot
With two recent deals, Byron Allen has elevated his profile in both late-night TV and the digital media space.
FCC
FCC Wipes One Houston-Area Signal Off FM Map, Clearing Way For Another.
The Federal Communications Commission has officially erased the former KJOJ-FM (103.3) allotment from the FM landscape, permanently deleting the signal on the fringes of the fast-growing Houston market after determining it can no longer legally or technically support a future station.