Just days after the company's CEO confirmed that some 270 individuals would be losing their jobs as part of a "refounding" effort, The E.W. Scripps Co. late Thursday released a Q2 earnings report that is wholly effected by a massive $1.14 billon non-cash impairment charge and primarily linked to a nearly $50 million decline in operating revenue.
The Chief U.S. District Judge overseeing the antitrust case lobbed against Nexstar and TEGNA for their regulatorily-approved merger — which he effectively blocked with a restraining order forcing a "hold separate" situation — has ruled that TEGNA's Board of Directors cannot be comprised of Nexstar C-Suite leaders.
The Fox Television Stations properties serving Orlando and the adjacent Gainesville-Ocala market have a new VP/News Director. She's a seven-year station veteran who is rising from the role of Managing Editor.
While Live Media Group assumes ownership and operation of Gravity Media's U.S. based Outside Broadcast (OB) truck fleet, Gravity Media will continue to support projects through its internationally recognized RF technology and other services, creating a comprehensive opportunity for clients operating across the states.
“Our financial results continue to demonstrate positive momentum in our business and the effectiveness of our strategy to grow both footprint and revenue on our platforms." So says Xperi CEO Jon Kirchner, who offered commentary on the Q2 2026 results from the company that also owns TiVo.
The University of Florida's commercial radio stations are getting a new sales partner: the publicly traded licensee led by Chris Forgy. The company will take over advertising for the Gainesville AM/FM pair in September in an arrangement that also makes Saga Communications a partner in training the school's journalism students.
The President/CEO of the National Association of Broadcasters and Sinclair's CEO were among the first to applaud the FCC's 2-1 decision on August 6 to eliminate a Congressionally mandated 39% national TV owner reach limit. NABOB and the MMTC are aghast, as is the ATVA.
The FCC on Thursday voted on party lines to erase the 22 1/2-year old 39% national TV ownership reach cap put in place by Congress. What would the FCC do should the agency be taken to court for its party-line decision? Chairman Brendan Carr is ready for whatever challenges are forthcoming.
With great anticipation and little surprise, the Republican-led FCC on Thursday approved a Report and Order that removes a Congressionally mandated 39% local television ownership national reach cap, replacing it with a case-by-case look at whether going beyond that limit is in the public interest.
The broadcast of "a remarkable FIFA Men's World Cup" helped tilt the scales for Fox Corporation in the fourth quarter of fiscal 2026, as the launch of direct-to-consumer streaming platform FOX One also paid dividends for the company led by CEO Lachlan Murdoch.
Strong political ad performance. Incremental ad dollars from 2026 FIFA World Cup coverage across the company's FOX affiliates. Streaming-related ad dollars in "legacy" Nexstar markets are on the rise. Those are the key reasons why Nexstar Media Group had a "record" second quarter, with TEGNA financials woven in to the results.
AI is transforming the content search and discovery experience, but an ungrounded large language model (LLM) can only answer based on its training data. This, says Gracenote, limits its ability to stay current. In the world of TV, this limitation can have a negative impact on the user experience.
How did the company's Radio stations perform, as CEO Bill Wilson has stated it is Townsquare Media's digital revenue streams that are its growth engines? Radio is now the No. 2 dollar generator for Townsquare, which swung to a net loss due to a large non-cash impairment charge it opted to take against its broadcast properties.
The Commission says this marks "a significant milestone in the successful conclusion of the first-ever spectrum Incentive Auction." Furthermore, the FCC notes, "The return of these funds reflects the FCC’s commitment to fiscal responsibility, efficient program administration, and reducing the national deficit."
A 13kw Class B FM reaching Pittsburgh from the northwest and parts of Youngstown, Ohio, is being sold by the radio licensee led by Lynn Deppen. The buyer is a non-secular licensee that will use the property and an FM translator serving Pittsburgh from atop Spring Hill to spread the word of Jesus Christ.
Nearly two years of union negotiations between the owner of the ABC, CBS and FOX network affiliates serving California's Central Coast and the International Alliance of Theatrical Stage Employees (IATSE) have failed to reach a resolution, leading IATSE Members to strike across Wednesday.
The broadcast television station ownership group that also owns tower manufacturer Dielectric and has emerged as the ATSC 3.0 industry shepherd delivered what CEO Chris Ripley called "strong" second quarter results. Indeed, revenue and adjusted EBITDA each grew year-over-year. But did they meet analyst expectations?
The FCC's August Open Meeting is on Thursday, and based on the statement issued late Wednesday from the agency's lone Democratic vote-caster, the end of the current 39% national TV ownership reach put in place by Congress in the early 2000s appears to be coming to its conclusion.
A Class A FM station serving Winona, Minn., and La Crosse, Wisc.; along with a 100kw Class C FM reaching these markets from Monroe County is being acquired by the radio broadcasting company led by founder Dave Magnum. Along for the ride in this transaction are a Class D AM and its FM translator in Sparta, Wisc.
The Maryland House Democrat believes the FCC's "extraordinary decision to require early renewal of eight Disney-owned ABC broadcast licenses breaks from decades of practice and causes severe constitutional problems by at least appearing to use the Commission’s licensing authority to censor protected speech." As such, "further Congressional oversight may be warranted."
