The founder and Chairman/CEO of Nexstar Media Group, which celebrates its 30th anniversary this year as the nation's biggest single owner of broadcast TV stations, has snapped up nearly 12,500 Class A shares in the company. It's an investment of nearly $2 million, and comes at a high-profile time for Perry Sook.
David Hoffman and his HF Companies have suddenly captured the eyes and ears of the broadcast media world, as it has struck a historic deal with Audacy Inc. that gives Hoffman ownership of six audio brands in the Gateway City. He is also bringing back the cluster's former leader to run the stations for him.
Anna Gómez has spoken up in response to the Supreme Court decision released Monday that upends 90 years of legal precedent by allowing a president to dismiss an agency Commissioner such as herself. “This decision puts at risk how Congress intended independent agencies to function in American democracy," she says.
The U.S. Supreme Court rejected the government's "halfhearted contention" that Fed board member Lisa Cook "in fact received due process" when purportedly fired by the president. At the same time, the Supreme Court reversed and remanded a case involving former FTC Commissioners — a warning for the FCC's Anna Gomez.
A renowned developer of robotic camera systems, motion control solutions and automated camera tracking technologies for broadcast, digital cinema, sports production and live events has been acquired by the 50-year old broadcast technology company led by Frank Jachetta.
The second quarter of this year ends Tuesday, and that will start the process of totaling up all of the financials for publicly traded companies as they work to submit their earnings reports to the SEC and share the details with shareholders. For Sinclair, the Q2 2026 fiscal health review will come on the first Wednesday of August.
A Class A FM serving Bracken and Mason Counties in Kentucky is heading into the hands of a husband and wife who are poised to take on 50/50 ownership in the "hot Country" property.
In July 2025, a Class B AM radio station serving a portion of the Raleigh-Durham area experienced the wrath of a tropical storm that destroyed the station's AM broadcasting equipment, forcing it to rely solely on its FM translator, which mainly covers Chapel Hill. Now, a buyer has surfaced for both facilities.
The Supreme Court's decision in "Trump v. Slaughter" upends some 90 years of precedent in how much leeway a president has in dismissing a Commissioner at a federal agency, including the FCC. One noted attorney doesn't believe the ruling will have an immediate impact on the Commission, however.
Upon completion of the transaction, Comcast shareholders will own shares in both Comcast and NBCUniversal, creating “two focused industry leaders, each with significant scale, strong financial profiles and distinct strategic opportunities.”
Four years after it first came to fruition, Black Public Radio Network has formally launched, creating a platform comprised of 15 radio stations led by the GM of KTSU-FM in Houston.
The Morris Multimedia TV station that offers ABC programming on its main DT channel is preparing to debut a new Sunday morning programming block that aims to set itself apart from competitors in Eastern North Carolina by featuring "a slate of inspiring, locally produced content."
The Library of American Broadcasting Foundation (LABF) has released of a new series of pre‑produced radio and television spots as part of its “Before It Was History, It Was Broadcast” initiative supporting America’s 250th Anniversary. The new :30 spots feature archival audio and visuals.
A Wisconsin-based systems integrator has been selected to represent Mediaproxy's range of technologies in the United States, allowing it to offer U.S. television stations such products as LogServer and Monwall — and offer them as part of its installation portfolio.
With Thursday's Closing Bell for U.S. financial markets, the mood was decisively glum for Nexstar Media Group shareholders, as "NXST" finished the day at $154.70 — a $13.27 decline from Wednesday. As Friday's trading session entered its final hour, the Nasdaq-traded stock had started to slice away at yesterday's big dip.
With Kalil & Co. serving as the exclusive broker in the transaction, Curtis Media Group in late April filed paperwork with the FCC seeking its approval of a deal that would see it acquire four FMs, one AM and two FM translators in the Wilmington-New Bern-Jacksonville, N.C. market. The Commission has OK'd the deal.
As 2026 began, the Enforcement Bureau notified the individual identified as the operator of an unlicensed FM radio station that he would face a possible fine for $20,000 for his illegal activity. The Commission has just affirmed that proposed fine, while simultaneously issuing two proposed forfeiture notices to a pair of other radio pirates.
It has a formidable position in the market, thanks to dual ABC/NBC affiliate "WDAM7" and Telemundo affiliate WLJA-LD. Now, Gray Media, which entered this Deep South locale through its Raycom merger eight years ago, is adding a low-power FOX affiliate to the mix. Kalil & Co. served as the seller's broker of record.
The judge overseeing the plan to emerge from debtor-in-possession status submitted by Spanish Broadcasting System has been given the green light, putting the wheels in motion for the company founded in 1983 by supermajority owner and equity interest holder Raúl Alarcón Jr. to reorganize SBS.
A public interest organization has been joined by a "group of concerned citizens" in filing a Petition to Deny the early license renewals of ABC Owned Stations' properties. To be clear, Media Action Center and Frequency Forward are not trying to block the stations' license renewals. Rather, they see the action as the lone way to gain standing.
