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In Canada, Bell Media Makes a ‘FAST’ TV Move

Radio+Television Business Report - 17 hours 14 min ago

TORONTO — Bell Media is moving its television business into the “FAST” lane, with the launch of 10 English and French-language free ad-supported television channels available across Canada.

The 10 channels are now available on LG Channels, and are expected to roll out on Samsung TV Plus later this quarter.

Additional Bell Media FAST channels and platform partners to be announced in the coming weeks.

“With the debut of our FAST channels, Bell Media is once again growing and deepening relationships with our audience by taking compelling stories to Canadian consumers wherever they are,” said Sean Cohan, President of Bell Media. “We’re thrilled to partner with FAST platforms to offer new opportunities to advertising partners to engage their target audiences, drive outcomes, and measure campaign success.”

The following 10 new FAST channels are accessible to viewers through LG Channels and soon, via their Samsung TV Plus channel guides: English-language channels: CTV @Home: A variety of CTV’s best lifestyle programming that spans from feel-good to feed-good! Enjoy classic episodes of The Marilyn Denis Show, Mary’s Kitchen Crush, Country House Hunters Canada, and more. Corner Gas Channel: Return to Dog River, Saskatchewan with all episodes from one of Canada’s highest-rated comedy series of all-time, as well as its spin-off, Corner Gas Animated. CTV Gridlock: A traffic jam worth being stuck in! Enjoy classic episodes of Highway Thru Hell and the entire series of Heavy Rescue: 401. CTV Laughs: Laugh out loud with this collection of funny, featuring side-splitting sitcoms, roast battles and stand-up. The Mightiest by CTV: Mega machines take on mighty missions with the most innovative stories from Mighty Trains, Mighty Cruise Ships, Mighty Ships, Mighty Planes, and The Mightiest. CTV News: Features the best from Canada’s most-watched news organization including CTV National and CTV Local News, Power Play, Question Period and W5. TSN The Ocho: Home to the best of seldom-seen sports, TSN The Ocho features unusual and entertaining sports and competitions including kickball, table tennis, ultimate frisbee, slippery stairs, cornhole, and more French-language channels are: Noovo télé-réalités: Broadcasts the most popular reality shows from Québec and abroad, such as Cauchemar sur L’autoroute and Panique 401. Noovo cinéma: Offers a wide selection of films in French, from romantic comedies to thrillers. Noovo comédies: Presents hilarious comedy shows, such as Ça C’est Drôle, and many other Quebec titles.
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FCC Media Bureau News Items - Thu, 04/25/2024 - 20:00
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Common Frequency, License Renewal Application for KQCF(FM), Chiloquin, OR

FCC Media Bureau News Items - Thu, 04/25/2024 - 20:00
Termination of License Under Section 312(g) Following Use of Unauthorized Location

Lajefa Community Radio, New LPFM, Princeton, Texas

FCC Media Bureau News Items - Thu, 04/25/2024 - 20:00
The Media Bureau dismisses the application of Lajefa Community Radio for a construction permit for a new LPFM station at Greenville, Texas

Applications

FCC Media Bureau News Items - Thu, 04/25/2024 - 20:00
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Pleadings

FCC Media Bureau News Items - Thu, 04/25/2024 - 20:00
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Alert Community Broadcasting, New LPFM, Princeton, Texas

FCC Media Bureau News Items - Thu, 04/25/2024 - 20:00
The Media Bureau dismisses the application of Alert Community Broadcasting for a construction permit for a new LPFM station at Princeton, Texas

Techsurvey 2024 Highlights Radio’s Resilience, Impact of Localism

Radio World - Thu, 04/25/2024 - 17:41

On Thursday, Fred Jacobs of Jacobs Media presented the findings of the 20th annual Techsurvey. This year’s study, dubbed “Radio in the AI Era,” evaluated the current media and radio environment by examining the “in-car rebound,” the impact of artificial intelligence and how to build on radio’s local advantage.

The data set was compiled by 500 participating radio stations, yielding more than 31,000 surveys from “core radio listeners.” During the presentation, Jacobs said it’s important to note that these respondents are not representative of all of commercial radio listeners, as the surveys were sent to those already part of a station’s email database. Survey responses were collected between Jan. 9–Feb. 11 and used Nielsen’s 2023 market population data.

During the presentation, one of the first takeaways highlighted radio’s resiliency in a changing media landscape.

“Radio is holding its own,” said Jacobs via presentation slides. “Techsurvey 2024 shows both resilience and areas where broadcasters need to make improvement. The vital signs are hanging in.”

As always, the survey inquired to why listeners chose radio over other music/media outlets. Per the information gathered from core radio listeners this year, approximately 67% of respondents said they choose AM/FM because it is easy to listen to in the car and free.

Credit: Jacobs Media

When respondents were asked whether or not they “feel a sense of connection” to the participating station that sent them the survey, women and younger radio fans were especially likely to “strongly agree.” Overall, 42% of respondents said they strongly agree — the same as last year.

When asked why they choose AM/FM, nearly four in 10 respondents “cite the local vibe,” per Jacobs Media findings, which you can see highlighted in green below.

Credit: Jacobs Media

Jacobs said now, more than ever, radio’s “local edge” is seen as a key advantage, with 57% of respondents strongly agreeing with the sentiment. This is a lasting and growing perception, with this year’s numbers keeping pace with 2023’s Techsurvey, which highlighted listening in the “post-pandemic era.”

Credit: Jacobs Media

Radio World will continue to break down these findings in the coming days.  

[Related: “Techsurvey Finds Core Listeners Opposed to AI Voices“]

The post Techsurvey 2024 Highlights Radio’s Resilience, Impact of Localism appeared first on Radio World.

Categories: Industry News

‘Shoppable Experiences’ Come To TelevisaUnivision’s U.S. Properties

Radio+Television Business Report - Thu, 04/25/2024 - 15:59

Spanish-language media and content company TelevisaUnivision has signed off on a new partnership that brings a new “retail media experience” to consumers of its content on both linear and streaming platforms.

The deal makes TelevisaUnivision the exclusive Spanish-language media partner of Shopsense AI, bringing its retail media platform into tentpole event telecasts and programming across music, sports, and entertainment.

The first instance where Shopsense AI will be seen for TelevisaUnivision consumers is tonight (4/25), with the airing of the Latin American Music Awards on Univision, UniMás, Galavisión and the ViX OTT platform.

TelevisaUnivision will collaborate with Shopsense to connect viewers with curated collections featuring items inspired by the hosts and talent featured throughout the night. On the Latin American Music Awards pre-show starting at 7pm Eastern, host and beauty icon Alejandra Espinoza was to give viewers a sneak peek into the platform.

Donna Speciale, Univision

“We’re excited to partner with Shopsense AI as its exclusive Spanish-language media partner, enhancing the overall viewing experience for our audience and providing an engaging opportunity for them to connect through big moments in music, sports and more,” said Donna Speciale, President of U.S. Advertising Sales and Marketing at TelevisaUnivision. “This capability provides a seamless integration into our content, allowing our partners to tap into retail media markets that extend the reach of brands, and offer more touchpoints to engage with consumers.”

Shopsense’s patent-pending technology relies on QR codes and dedicated URLs to direct viewers to a show-specific digital store.

TelevisaUnivision and Shopsense will launch four curated collections tailored to distinct themes and interests, including:

  • “Get Ready with Me featuring Alejandra Espinoza”: Get inspired by Alejandra Espinoza’s looks at the Latin American Music Awards;
  • “Neon Vibes”: Bring the vibrant colors and sounds from the show into the home with bold colors, playful fabrics, and eye-catching patterns as seen on the awards show;
  • “Regional Urbano”: This collection will capture the impact of regional Mexican and urban music, with influences from urban, reggaeton, pop and other genres;
  • “Looks For Less”: Dress like your favorite artist without breaking the bank.

 

Categories: Industry News

Here’s The New NAB Board Roster

Radio+Television Business Report - Thu, 04/25/2024 - 15:30

One week after the conclusion of its annual convention and expo in Las Vegas, the NAB has released the results of the 2024 NAB Radio and Television Board of Directors elections.

The two-year terms of the elected board members will begin in June 2024.

New board members are listed in italics; other Board members listed below have been re-elected.

NAB Radio Board Elections
(Even-numbered districts)

Mary Menna
Vice President and Market Manager
Beasley Media Group
District 2 – N.Y., N.J.

Chris Forgy
President and CEO
Saga Communications
District 6 – N.C., S.C.

Jerry “J” Chapman
President and majority owner
Woof Boom Radio
District 10 – Ind.

Jeanna Berge
President, Multi-Platform Group
iHeartMedia
District 14 – Iowa, Wis.

Ben Downs
Vice President
Bryan Broadcasting
District 18 – Southern Texas

Tim Swift
Executive Vice President, Strategy and Technology
Bonneville International Corp.
District 22 – Ariz., Nev., N.M., Utah

Leonard Wheeler
President
Mel Wheeler, Inc.
District 4 – Del., D.C., Md., Va.

Flynn Foster
President/Owner
Guaranty Media
District 8 – La., Miss.

Erik Hellum
Chief Operating Officer
Townsquare Media
District 12 – Mo., Kan.

Andrew Sutor
Executive Vice President and General Counsel
Audacy Inc.
District 16 – Colo., Neb.

Larry Patrick
Managing Partner
Legend Communications
District 20 – Mont., Idaho, Wyo.

Bob Proffitt
President and CEO
Alpha Media LLC
District 24 – Southern Calif., Guam, Hawaii, American Samoa, Northern Mariana Island

Effective immediately, Chapman will assume the District 10 (Ind.) board seat that was held by Mike Hulvey of Neuhoff Media, now the President/CEO of the Radio Advertising Bureau.

Starting in June 2024, Eddie Harrell Jr., RVP/GM of Radio One markets in Ohio, will be appointed to the designated seat held by Alfred Liggins III of Urban One.

NAB Television Board Elections

Lynn Beall
Executive Vice President and COO
Media Operations
TEGNA

David Griffin
CEO
Griffin Communications

Deb McDermott
CEO
Standard Media Group

Amy Liz Pittenger
Executive Vice President
Bahakel Communications Ltd.

Nicholas Radziul
Senior Vice President, Distribution and Government Affairs
Hearst Television

Pam Teague
Chief Operating Officer
Sarkes Tarzian Inc.

Categories: Industry News

NAB Membership Elects New Radio Board Members

Radio World - Thu, 04/25/2024 - 14:41

The National Association of Broadcasters announced results of the election for its Radio Board of Directors. Members begin their two-year terms in June. Even-numbered districts were up for election this year.

New board members are listed in italics; other board members listed were re-elected.

Mary Menna
Vice President and Market Manager
Beasley Media
District 2 – N.Y., N.J.

Chris Forgy
President and CEO
Saga Communications
District 6 – N.C., S.C.

Jerry “J” Chapman (*)
President and majority owner
Woof Boom Radio
District 10 – Ind.

Jeanna Berge
President, Multi-Platform Group
iHeart Media
District 14 – Iowa, Wis.

Ben Downs
Vice President
Bryan Broadcasting
District 18 – Southern Texas

Tim Swift
Executive Vice President, Strategy and Technology
Bonneville International Corporation
District 22 – Ariz., Nev., N.M., Utah

Leonard Wheeler
President
Mel Wheeler, Inc.
District 4 – Del., D.C., Md., Va.

Flynn Foster
President/Owner
Guaranty Media
District 8 – La., Miss.

Erik Hellum
Chief Operating Officer
Townsquare Media
District 12 – Mo., Kan.

Andrew Sutor
Executive Vice President and General Counsel
Audacy
District 16 – Colo., Neb.

Larry Patrick
Managing Partner
Legend Communications, LLC
District 20 – Mont., Idaho, Wyo.

Bob Proffitt
President and CEO
Alpha Media LLC
District 24 – Southern Calif., Guam, Hawaii, American Samoa, Northern Mariana Island

(*) Jerry “J” Chapman assumes the District 10 (Ind.) board seat that was held by Michael Hulvey of Neuhoff Media.

Also, starting in June, Eddie Harrell Jr. of Radio One Markets in Ohio will be appointed to the designated seat held by Alfred Liggins of Urban One.

The post NAB Membership Elects New Radio Board Members appeared first on Radio World.

Categories: Industry News

FEMA Issues IPAWS Reminder to Stations

Radio World - Thu, 04/25/2024 - 14:22

FEMA is reminding broadcasters that an element of the Emergency Alert System IPAWS CAP message verification certificate used by EAS devices expires on Sunday, April 28.

“Any EAS device not updated prior to that date will no longer be able to authenticate received IPAWS CAP messages,” it stated in an email.

“EAS device manufacturers have included the updated verification certificate in recently published updates or made it available via other means. If you have not done so already, please reach out to your EAS manufacturer as soon as possible to replace the existing digital certification bundle or update your EAS device firmware, as necessary.”

It reminded stations to review their EAS device logs following the regular Monday morning IPAWS Required Weekly Test to determine if their EAS device has the updated verification certificate.

“Thank you to all our AM/FM radio, television and cable partners,” FEMA wrote. “Every day we see the impact of the lifesaving EAS alerts you voluntarily distribute. Your community is safer because of you.”

Stations with questions were invited to email IPAWS@fema.dhs.gov.

[Read more recent Radio World stories about the Emergency Alert System.]

The post FEMA Issues IPAWS Reminder to Stations appeared first on Radio World.

Categories: Industry News

Little Surprise, Big Reaction: ‘Net Neutrality’ Is Back

Radio+Television Business Report - Thu, 04/25/2024 - 13:45

WASHINGTON, D.C. — It was a fait accompli, given the seating of FCC Commissioner Anna Gómez as the third and decisive Democratic vote needed to push through key proposals fueled by the Biden Administration.

Nevertheless, the FCC’s party-line 3-2 vote on Thursday that reclassifies broadband service as a Title II telecommunications service — a.k.a. the restoration of “net neutrality” — received a flurry of responses. Democrats praised the vote, while Republicans condemned it.

For FCC Chairwoman Jessica Rosenworcel, the decision erases a Pai Commission decision to reverse a reclassification of broadband under Title II engineered by the FCC under Tom Wheeler. 

And, should President Trump return to the White House, putting Brendan Carr in a position to succeed Rosenworcel as FCC Chair, it’s a safe bet a 3-2 Republican party will go back to the days when Ajit Pai ended “net neutrality” — an act that yielded widespread outrage and personal attacks on Pai.

In the majority’s view, restoring net neutrality allows the FCC to protect consumers, defend national security, and advance public safety.

Carr and Republican colleague Nate Simington hardly agree.

With today’s vote, the Commission says it will exercise its authority over broadband “in a narrowly tailored fashion — without rate regulation, tariffing, or unbundling — to foster continued innovation and investment.”

Furthermore, the Rosenworcel Commission is touting how, with “net neutrality,” internet service providers will again be prohibited from blocking, throttling, or engaging in paid prioritization of lawful content, “restoring the rules that were upheld by the D.C. Circuit in 2016.”

The Commission will have the ability to revoke the authorizations of foreign-owned entities who pose a threat to national security to operate broadband networks in the U.S. The Commission has previously exercised this authority under section 214 of the Communications Act to revoke the operating authorities of four Chinese state-owned carriers to provide voice services in the U.S. Any provider without section 214 authorization for voice services must now also cease any fixed or mobile broadband service operations in the United States.

The FCC also says it can now play an active role in monitoring internet service outages.

What does ACA Connects President/CEO Grant Spellmeyer have to say on behalf of the association representing the interests of small and independently-owned MVPDs and broadband internet service providers in Washington?

Grant Spellmeyer

“With its internet takeover, the FCC is creating mountains of uncertainty for smaller broadband providers who will be forced to shift much-needed investment dollars away from their networks to pay for expensive regulatory compliance costs,” he said. “This will set back our members’ ongoing work to close the connectivity gap in areas of the country that lack reliable services. ACA Connects will continue to support efforts, including litigation, to overturn these heavy-handed, unnecessary utility-style regulations, which only serve to discourage development of robust and reliable broadband service for all Americans.”

Berin Szóka, President of TechFreedom, elaborated on comments filed with the FCC that note the courts are likely to find Title II reclassification a “major question” that must be decided by Congress—and why only legislation can resolve the net neutrality debate. “It’s been seven years since the FCC repealed the 2015 net neutrality rules, yet the Internet is no less open, innovative, or free than ever. Net neutrality has survived without FCC rules because consumers demand unrestricted access to the Internet, ISPs promise to meet that demand, and the Federal Trade Commission already ensures that consumers get what they’re promised. There’s no need for the FCC to do more than what it does now: require disclosure of any non-neutral practices. Reclassifying means stripping the FTC of its general jurisdiction to enforce consumer protection laws—yet another sign that this is a matter for Congress to decide.”

In contrast, Barbara van Schewick, Professor of Law at Stanford Law School and the Director of Stanford Law School’s Center for Internet and Society who professes to be a leading expert on “net neutrality,” calls today’s vote a “big win for free speech, entrepreneurs, small business, and marginalized communities. Chairwoman Jessica Rosenworcel made it clear ISPs may not interfere with what we do online, a sentiment that I and nearly everyone in this country agrees with.”

Frank Pallone, Jr. (D-N.J.)

While House Energy & Commerce Commission Chair Cathy McMorris Rodgers and Senate Commerce Committee Ranking Member Ted Cruz expressing their dismay over the “Net Neutrality” restoration at the FCC, House E&C Ranking Member Frank Pallone Jr. (D-N.J.) and Communications and Technology Subcommittee Ranking Member Doris Matsui (D-Calif.) issued a joint statement praising the vote.

“Today the FCC has rightfully reclaimed its authority over broadband internet, correcting the Trump administration’s unpopular, misguided dereliction of the FCC’s responsibility to ensure a free and open internet for all Americans,” Pallone and Matsui said. “Like any other piece of critical infrastructure in this country, we rely on our ability to access the internet every day—an essential part of Americans’ daily lives that deserves protection. Under Chairwoman Rosenworcel’s leadership, those protections have finally been restored, putting the needs of the American people first. Today’s action will empower the agency to protect consumers from unreasonable and unjust practices, while also promoting competition in the broadband marketplace and ensuring a secure and reliable internet Americans can depend on.”

Categories: Industry News

Seven Pirate Radio Operators Get Hefty FCC Fines

Radio+Television Business Report - Thu, 04/25/2024 - 13:15

WASHINGTON, D.C. — The FCC has proposed steep fines against a group of seven pirate radio operators in Massachusetts, investigated during an Enforcement Bureau sweep in the Greater Boston area. The suggested financial penalties total more than $850,000 and is a direct result of the “Preventing Illegal Radio Abuse Through Enforcement,” or “PIRATE” act.

The biggest single proposed fine is valued at $597,775 and was handed to Jean Marius, determined by the Commission to be the operator of unlicensed facility “Radio Tele Planet Compas” in Brockton, Randolph, and Mattapan, Mass.

For Renold David, operator of unlicensed Haitian Kreyol-language “Lotnivo FM” in Brockton, Mass., faces a $120,000 fine.

In addition, the following pirate radio operators each face $40,000 in fines:

  • Joao Vieira, operator of the pirate radio station “Brockton FM” in Brockton, Mass.
  • Robert Bellinger, operator of a pirate radio station, known as “TBR Radio” in Cotuit, Mass.
  • Djovany Pierre and Mario Turner, operators of “Radio Tele Brockton 96.5” or “Brockton Heat”, in Brockton, Mass.

Shane Kelly, the operator of the pirate radio station “The Test 87.9 FM” in Hyannis, Mass., faces a $20,000 fine.

As is the normal procedure when Notices of Apparent Liability for Forfeiture are distributed by the Commission, each party will be given an opportunity to respond. The Commission will consider the parties’ submissions of evidence and legal arguments before acting further to resolve the matter.

Under the PIRATE Act, enacted in 2020, the FCC can fine pirate radio operators up to $119,555 per day and a maximum of $2,391,097, as adjusted for inflation. The legislation increases possible penalties for illegal broadcasting, requires the FCC to conduct periodic enforcement sweeps, and grants the Commission authority to take enforcement action against landlords and property owners that willfully and knowingly permit pirate radio broadcasting on their properties.

— With reporting by Adam R Jacobson

Categories: Industry News

Soo Kim Sues FCC Over Failed TEGNA Deal, Blames Racism

Radio+Television Business Report - Thu, 04/25/2024 - 13:00

Some 48 weeks ago, one of the biggest broadcast television industry transactions in recent times failed to proceed, resulting in a non-consummation. Today, that company has confidently kept its CEO, Dave Lougee, in place while the entity that had hoped to replace him with Deb McDermott contemplated its next move.

On Wednesday, that action happened. Standard General and its head, Soohyung Kim, have sued the FCC and its Chairwoman and Media Bureau Chief individually, as well as key deal detractors who spoke out against the transaction in front of the Commission. While there are several factors that ultimately led to the FCC’s decision to designate the deal for a hearing in front of an Administrative Law Judge, Kim believes the failure to win Commission approval comes down to one thing: race discrimination at the FCC.

 

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Categories: Industry News

The NEXTGEN TV Bandwagon Rolls Through Maine

Radio+Television Business Report - Thu, 04/25/2024 - 12:40

The biggest market in Maine now has broadcast television stations offering NEXTGEN TV signals to those who have the capability of receiving the ATSC 3.0-powered transmissions.

It is thanks to the conversion from ATSC 1.0 broadcasts of a broadcast TV station owned by Cunningham Broadcasting Corp. and operated by Sinclair Inc.

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Categories: Industry News

The InFOCUS Podcast: Chad López

Radio+Television Business Report - Thu, 04/25/2024 - 12:00

It’s a radio station that was made famous for its Top 40 format across the 1960s and 1970s that has aired a News/Talk format since 1982.

Today, “77 WABC” is in the midst of a renaissance and earned a 4.0 share in the most recent Nielsen Audio ratings for New York. In this InFOCUS Podcast, presented by dot.FM, Red Apple Media President Chad López shares how growth has come for a reborn legend.

The tale of WABC today includes Sid Rosenberg, “Cousin Brucie” Morrow, a Mazda dealer’s title sponsorship of a Sunday early-evening show devoted to Frank Sinatra, and the ownership of New York supermarket owner John Catsimitidis. 

For more, click on the embedded player below.

Listen to “The InFOCUS Podcast: Chad López” on Spreaker.

Categories: Industry News

FCC Upholds Oregon FM Erasure For Tree-as-Tower Fail

Radio+Television Business Report - Thu, 04/25/2024 - 10:59

The Chief of the FCC Media Bureau’s Audio Division has upheld a January decision to revoke the license and delete the call letters of a noncommercial FM radio station  licensed to serve the communities due northwest of Klamath Falls, Ore., dismissing a petition that impermissibly introduces new arguments.

 

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Categories: Industry News

TEGNA’s Hat Trick: Kraken Get Broadcast TV Home

Radio+Television Business Report - Thu, 04/25/2024 - 09:15

Starting with the 2024-2025 season, the National Hockey League franchise serving the Pacific Northwest will see more than 70 non-nationally televised games appear on broadcast TV.

It’s thanks to an agreement announced Thursday between the Seattle Kraken and TEGNA.

All non-nationally televised games will be broadcast on KONG-TV in Seattle, with a number of games throughout the season simulcast on NBC sibling KING-5.

In addition, games will air on TEGNA’s NBC affiliate in Portland, Ore., KGW-8, and on the CBS affiliate owned by TEGNA in Spokane, KREM-2.

TEGNA will work with additional broadcast companies in the coming weeks to expand free over-the-air broadcast access to all available television markets in Washington, Oregon and Alaska.

The team also signed a deal with Amazon Prime Video, which will stream all non-nationally televised games for Prime members in Washington, Oregon and Alaska, including pre-season, regular season and the first round of playoffs. The Kraken are the first NHL team to partner directly with Prime Video.

The agreements mean the Kraken will be moving from MVPD-distributed ROOT Sports. The team had aired all of its games on the channel since its first season in 2021-2022.

“ROOT has been a terrific partner for us; we have appreciated their support as we determined our broadcast plans moving forward,” said Kraken owner Sam Holloway. “Today’s announcement is a game changer for our fans. Our goal is to increase the ways they can watch our games – whether they’re cheering us on at home or on the go. To have both TEGNA and Prime Video as trusted partners is a dream come true. I can’t wait for more fans to fall in love with Kraken hockey.”

TEGNA President/CEO Dave Lougee added, “Our collaboration with the Seattle Kraken marks a significant milestone in our commitment to celebrating the essence of local sports on local broadcast television. We look forward to bringing every thrilling moment of Kraken hockey to all viewers in the Pacific Northwest as we build on our long-standing commitment to the region.”

John Forslund, JT Brown, Eddie Olczyk, Alison Lukan and Nick Olczyk will continue broadcasting the games next season.

 

Categories: Industry News

A Positive Earnings Start To 2024 For TelevisaUnivision

Radio+Television Business Report - Thu, 04/25/2024 - 05:53

It ended 2023 by pushing more than $1 billion in debt repayments from 2025 to 2028 at a higher interest rate. But don’t think for a minute that TelevisaUnivision is challenged when it comes to its revenue. As CEO Wade Davis said with the release Thursday of the privately held company’s Q1 2024 earnings report, “2024 started strong with great revenue growth and continued progress across our most important strategic initiatives.”

That said, Adjusted OIBDA was down 9% and domestic revenue was flat year-over-year, with improvements in Mexico accounting for most of the positive news for the company.

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Categories: Industry News

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