Headlines
Once Sprinting, Broadcast M&A Winds Down To Amble Amid Nexstar-Tegna Court Challenges (TVN+ subscription required)
Station groups remain in heavy deal discussions behind the scenes, but Nexstar’s legal woes have had a chilling effect on activity.
Oxenford: Ownership Caps Put Radio at a One-Click Disadvantage
The argument for loosening broadcast ownership rules is well-documented in FCC filings and NAB talking points.
Mergers & Acquisitions
The Press Mobilizes Against Ellison
A coalition of journalists, academics, and documentarians have signed a letter opposing Paramount’s acquisition of CNN’s parentco, Status has learned—voicing concern over the ramifications it will have for the news landscape.
Radio
Black Consumers, Brand Trust and Radio’s Unique Connection
Black consumers continue driving cultural influence, purchasing behavior and marketplace trends across industries ranging from beauty and fashion to technology, food and entertainment.
Small Store, Strong Signal: Radio Gives Local Brand A Major Edge
A Missouri hardware store with no national scale is outperforming most of its national competitors on brand awareness in its own backyard. Why? New research points directly to radio advertising in a textbook case for the medium’s long-term brand-building power.
FCC
FCC Foreign Sponsorship Rule in Effect on June 7, But With a Major Change
Time moves slowly in the regulatory universe, at least until you are facing a deadline.
Consumers
Most Americans are cutting back even as US markets roar, survey shows
U.S. consumer confidence declined slightly this month as gas prices stayed high and inflation remained elevated, a sharp contrast to soaring stock prices hover near record levels.