FORT MYERS, FLA. — The owner of the CBS affiliate serving Southwest Florida, perhaps the last market in the U.S. where three of the Big Four network affiliates are owned by independent broadcasters, has just signed a new agreement for “industry-leading local TV measurement currency” across its stations in the market.
The deal isn’t with Nielsen.
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FORT LAUDERDALE — Comscore’s five-year stock trend is far from pretty.
Two years ago, SCOR was suddenly slipping from a $20 price range; it started 2017 in the mid-$33 range. By August 2019, Comscore shares were at $1.86.
Today, they start the week at $3.83 in pre-market trading. For CEO Bill Livek believes they’re seriously undervalued.
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So far in 2021, the biggest campaign — by a wide margin — using spot cable is that of Discovery, to promote the launch of its much-ballyhooed Discovery+ over-the-top platform.
For the week ending March 21, No. 2 GEICO’s play count on ads was nearly half of that seen by Discovery.
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There’s some exciting activity being seen at spot television as the final days of Q1 2021 are upon us.
Automotive advertising can been seen. What’s intriguing is what brand is the leader.
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The gap between rival auto insurance specialists widened last week at Spot Radio, the latest Media Monitors Spot Ten Radio report shows.
In fact, the leader in the category — the new leader for all of spot radio — outpaced GEICO by more than 20,000 spot plays.
As shown below, Progressive is No. 1 with 53,621 plays as GEICO finishes the week at No. 7 (including iHeart promotional campaigns).
The other activity of note involves Indeed, while Babbel is No. 3 among fully-paid advertiser efforts.
A 70-year old owner of a radio station serving a rural portion of Western Pennsylvania to the southeast of Pittsburgh on November 16, 2020 was placed on a three-year “restricted probation” for a series of criminal sexual acts at a sentencing hearing that could save him from a FCC license revocation hearing.
This included wearing an electronic monitor for a four-month period, per the judgment, which left the plaintiff in the case upset and less than satisfied with the verdict.
Now, the radio station owner and morning host of this FM has returned to the airwaves of this Keystone State property, generating new controversy in the region.
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LOS ANGELES — The News Director for TEGNA-owned KING-5 in Seattle-Tacoma, who spent 11 years in news at KPIX-5 in San Francisco before moving to Washington state in 2018, is heading to Nexstar Media Group‘s L.A. giant — a cornerstone of the former Tribune Broadcasting.
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A key advertising theme has emerged in the first two months of 2021: household cleaning supplies.
That’s why the parent company of such brands as Tide, Charmin, Crest, Bounty and Always is again the No. 1 parent advertiser on local cable, radio and broadcast TV, Media Monitors data show.
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WASHINGTON, D.C. — Prominent telecommunications, media, and technology law firm Fletcher Heald & Hildreth has elected a new Member of the firm. It’s an active litigator who first joined the firm in January 2020 and continued to have a substantial hearing and deposition schedule — remotely — through the COVID-19 pandemic.
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The future of television arrived Thursday in Western New York, as five local television stations, owned by The E.W. Scripps Co., TEGNA, Sinclair Broadcast Group, and Nexstar Media Group, are the latest in the U.S. to begin broadcasting with NEXTGEN TV.
For those across Lake Ontario in Toronto, a taste of ATSC 3.0-powered television is that much closer to fruition.
With a promise of improved audio and video for consumers and the benefit of data services for TV station licensees, the stations saw planning and rollout of NEXTGEN TV coordinated by BitPath.
While competitors, the participating stations worked together to ensure that current programming remains available to all viewers, regardless of whether their television service is provided over-the air or by a cable or satellite company.
The stations now using NEXTGEN TV delivery are WGRZ-2, WIVB-4, WKBW-7, and Sinclair dup WUTV-29 and WNYO-49.
Those stations, with the exception of WNYO, can be viewed across much of Southern Ontario, including the GTA, where Rogers includes WGRZ, WIVB, WKBW and WUTV as part of its local channel lineup.
As cord-cutting began to rapidly increase in recent years, Wall Street became increasingly focused on looming National Football League television rights negotiations.
Why? As MoffettNathanson Senior Analyst Michael Nathanson points out, “the singular importance of this sport on the Pay TV eco-system” is a vitally important topic to flush out.
With Thursday’s announcement that the NFL has handed exclusive rights for Thursday Night Football match-ups to Amazon, Nathanson has some “significant takeways” that need to be discussed.
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In 1974, Steven C. Roberts teamed up with his brother, Michael, in creating a minority-owned business consulting and construction management firm headquartered in St. Louis. Fifteen years later, they expanded beyond commercial real estate investments with the creation of a broadcast media operation, serving the biggest city in Mississippi.
Now, Roberts is ready to demonstrate how a much-debated new technology the FCC could soon authorize for voluntary use by an FM radio station can aid a minority or women-owned station.
A ZoneCasting demonstration is on track for “The Beat of the Capitol.”
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After amassing a formidable stable of low-power and full-power television properties between the first quarter of 2017 and third quarter 2019, HC2 Holdings appears to be in the midst of a significant asset paring.
The company now led by Chief Executive Officer Wayne Barr Jr. has signed off on its fourth divestment deal since the start of 2021.
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The nation’s No. 1 audio media company, iHeartMedia, has made another notable move in the podcasting arena. Three new shows will shine a light on the “curious tales, historical oddities and stranger-than-fiction true stories that are often left out of history books.”
“We are excited to share our newest slate of iHeartRadio Original Podcasts focused on the curious true stories left out of history books,” said Jason English, Lead Executive Producer of iHeartRadio Original Podcasts. “This spring you can spend time with the Black cowboys who found freedom on the high plains after the Civil War; get a first-person account of the most insane government project in American history; and meet desperate World War I veterans who camped outside the White House for months during the Great Depression.”
The first historical podcast in the slate, “Black Cowboys,” available now, tells the story of what freedom looked like for Black Americans after the Civil War. The podcast shares a more honest version of the settling of the Wild West and shines a light on the one-in-four cowboys who were Black. Upcoming podcasts include “Operation Midnight Climax,” which details the stranger-than-fiction events that took place at a CIA-run brothel in the 1950s; “The White House Coup,” which chronicles a club of powerful Wall Street millionaires in a plot to overthrow President Franklin Delano Roosevelt (FDR); and other little-known odd histories of historical figures and events.
New and upcoming iHeartRadio Podcast Originals include “Operation Midnight Climax,” just launched, and “The White House Coup,” coming in April.
The National Football League has reached new long-term deals with its media partners, and the head of the lobbying group representing the interests of small MVPDs is less than pleased with what it will do for cable customers.
As ACA Connects President/CEO Matthew M. Polka sees it, it only strengthens the need for Congress to pass legislation that eliminates retransmission consent.
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According to Magellan AI, which monitors how much advertisers spend on podcasts, BetterHelp spent $4.3 million in February on 386 podcasts.
One of radio’s favorite advertisers, GEICO, was second with $2.6 million spent on 260 mainly sports podcasts.
Here are the top five:
Its earnings per share increased 57.58% over the past year in Q4. And, it beat the Wall Street consensus estimate by a penny.
While that’s a positive feat in COVID-19 times, investors have soured of late on Veritone Inc., the technology company that has built a reputation on harnessing media sales growth opportunities through AI attribution in audio and video content — including advertising.
On Thursday, Veritone shares were down by nearly 11%. What’s upsetting shareholders?
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RALEIGH — Capitol Broadcasting Company (CBC) has launched a new agency that promises to offer clients in the Triangle region of North Carolina, and beyond, strategic brand, marketing, and creative services.
It’s an expansion of services offered since 2017 by its WRAL Digital Solutions.
“However, the needs of clients have continued to evolve, and CBC realized there was an unmet need in the market,” it explains.
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An AM/FM combo serving a small Mississippi town southeast of Memphis could be liable for a cash penalty for failing to submit its license renewal applications to the FCC in a timely manner.
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JACKSON, WYO. — Across Thursday, a group of local radio stations in Jackson Hole led their newscasts by trumpeting how gas prices were rapidly escalating, putting a tinge of fear in the report.
It appears such fretting may be premature. Crude oil prices plunged 8%, with European demand now less than anticipated. This, coupled with inflation concerns and the news that another 770,000 Americans filed new unemployment claims for the week ending March 13 sent U.S. financial markets downward.
Several publicly traded media companies were swept up in the tide.
Among the bigger dips was that seen by iHeartMedia, the audio media giant that is poised to benefit from the pending acquisition of a significant non-voting stake in the company by Global, the parent of several leading U.K. radio brands.
At the closing bell, IHRT was down 6%, with downward activity accelerating after the noon hour, Eastern time.
Also down significantly: Saga Communications, which continues to suffer from pandemic-related revenue dips across its radio stations. SGA finished Thursday’s trading at $25.12, down 6.7% from Wednesday.
On the TV side, Sinclair Broadcast Group gave up 5.4% of its value to finish the day at $35.89.
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