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The E.W. Scripps Co. expects total 2024 presidential-year political advertising revenue in the Local Media division to reach at least $340 million — a record level that far exceeded the guidance the publicly traded company led by CEO Adam Symson shared in August. But, how did the company perform on the whole in Q3? Good, yet Scripps shares sunk on Monday.
Adam Jacobson
2 weeks 3 days ago
Four scrappy entrepreneurs have faced all of the threats and competition from digital media, streaming ventures and even cable television channels. How have these "Main Street Media" professionals succeeded? That's a question ex-NAB communications head Dennis Wharton will ask as a Forecast 2025 session moderator.
Adam Jacobson
2 weeks 4 days ago
An appearance by VP Kamala Harris on "Saturday Night Live" just days before Election Day riled the senior Republican-aligned Commissioner at the FCC. He took to the X social media platform to blast NBC for what he believes is "a clear and blatant effort to evade the FCC's Equal Time rule." Did NBC resolve the matter yesterday?
Adam Jacobson
2 weeks 4 days ago
Higher political advertising revenues at the company's Fox Television Stations unit, coupled by continued growth at free ad-supported streaming television platform Tubi, significantly impacted total advertising revenue for Fox Corporation in a big way. In its first quarter for its 2025 fiscal year, the company enjoyed an 11% revenue gain.
Adam Jacobson
2 weeks 4 days ago
Both SESAC and the Radio Music License Committee are separately claiming they came out on top following the determination of licensing fees for RMLC-represented stations through 2026. An arbitration panel determined SESAC’s new blanket fee on November 1.
Cameron Coats
2 weeks 4 days ago
Carsten Zorger
2 weeks 4 days ago
A 30-year marketing veteran who has both B2B and B2C experience is joining the NAB to serve as Chief Marketing Officer and its SVP of Global Connections and Events. His most recent role? He's exiting the Consumer Technology Association (CTA) after nearly 7 1/2 years as its Marketing VP.
Adam Jacobson
2 weeks 4 days ago
While Domino's is again the big leader at Spot Cable and Progressive easily takes the auto insurance specialist crown once again, the latest Media Monitors data show one of the oldest quick-service restaurant chains is back with a new campaign.
Adam Jacobson
2 weeks 4 days ago
RW Staff
2 weeks 4 days ago
Applications for the 2024-2025 mentorship program now honoring retired RAB leader Erica Farber are now open. Candidates in the radio broadcasting industry are invited to apply by Friday, November 22.
RBR-TVBR
2 weeks 4 days ago
Randy J. Stine
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The publicly traded radio station ownership group with properties in markets such as Philadelphia, Boston, Tampa-St. Petersburg and Detroit has decided to release its third quarter earnings report prior to the Opening Bell on Wall Street this Tuesday — Election Day in the U.S.
Adam Jacobson
2 weeks 6 days ago
Nick Langan
2 weeks 6 days ago
RW Staff