Headlines
Streaming TV Rises To Record 38% Share, Broadcast Plummets: Nielsen
In June, TV-video streaming usage of persons two years old and up climbed to a 37.7% share -- another record, according to Nielsen -- with broadcast plummeting to its lowest share ever.
Local News Initiatives Pay Off In Spades, With The Right Megaphones
Leaders from Graham, Tegna, Cox and Gray told a TVNewsCheck webinar last week that station projects with a strong local value proposition — and a deeper collaboration between the newsroom and creative services — can yield remarkable audience engagement.
Mergers & Acquisitions
Connecticut AM, Georgia FM Sold
TOWNSQUARE LICENSE, LLC is selling WINE-A/BROOKFIELD, CT to INTERNATIONAL CHURCH OF THE GRACE OF GOD, INC. for $50,000 plus a donation letter valuing the donation at $100,000 and a time brokerage agreement before closing.
WGN To Sell Portion Of Tower Land For Data Center & Pickleball Courts
Nexstar News/Talk 720 WGN Chicago will have its 102 acre tower site annexed into Elk Grove Village IL as part of a deal that will see the company sell the southernmost 35 acres.
Television
TV Stations Launch ‘The Coalition For Local News’
Station groups form a new advocacy organization dedicated to protecting America's most trusted source of news in the streaming era. It is urges lawmakers and regulators to modernize existing regulations and protect the economic viability of local TV news.
CTV/OTT
Sinclair Inks New Hulu Deal
The distribution agreement with Hulu adds carriage of Tennis Channel, T2, Comet and Charge!
Pay TV
DirecTV Accuses Nexstar of Further Expanding Mega-Blackout By Having Sinclair-Owned Stations Take Down CW Content From DirecTV Stream
Pay TV company said Nexstar, which owns CW, had content from the network removed from Sinclair-owned affiliate streaming feeds in 21 DMAs
Verticals
Marijuana Advertising? Surely It’s OK Now? Not!
Accepting cannabis or marijuana ads involves significant risk for broadcasters
Consumers
Don't Laugh - The Most Nostalgic Consumers May Be Gen Z's
But it's not just music. Pop culture analysts note how Gen Z's are bringing back products and styles from the past.
Last Week in Local Media News
A Podcast Deal Puts iHeartMedia Content In LinkedIn
The nation’s No. 1 owner of radio stations, which also says is the top podcast publisher globally according to Podtrac, has finalized a strategic partnership with LinkedIn that is designed to “introduce new offerings to the business podcast space.”