In September 1992, Chilmark Partners teamed with Sam Zell in investing some $127 million in Jacor Broadcasting. The dollars turbo-charged what is today a foundation of iHeartMedia, making Chilmark Managing Principal David Schulte an expert on how private equity and restructuring expertise has impacted the media sector. Schulte will share his insights at Forecast 2025 on November 13.
A Class B1 noncommercial FM signal that serves northern Santa Barbara County and much of the Five Cities of southern San Luis Obispo County is being sold by the broadcast ministry behind the "RadioU" Christian Rock network. Who's the buyer? Look no further than Noel Díaz.
It already owns the FOX affiliate serving Northern Ohio's largest market. Now, Nexstar Media Group has signed an agreement that — pending FCC regulatory approval — will give it a duopoly with the acquisition of an independent television station licensed to Akron, Ohio, in a deal brokered by Kalil & Co.
For more than forty years, he was a familiar face to morning news views of TEGNA-owned WWL-TV in New Orleans. On September 18, he stepped away from the station after revealing that he was recently diagnosed with a "fairly aggressive" form of cancer. On Saturday, Eric Paulsen passed away. He was 74 years old.
As younger audiences gravitate toward streaming platforms, sports media companies must adapt to the growing demand for streaming options and on-demand content to remain relevant. That's the key insight offered to TV station owners seeking to grow revenue and audience share through live sports programming from a new study released by Harker Bos Group.
What do pizza, NBA action and dental care have in common? Brands representing each of these subjects dished out the dollars for a significant number of spots that aired last week on Spot Cable, the latest data from Media Monitors show.
For many years, the New York City Marathon, one of the world's most revered 26.2-mile running challenges, has enjoyed extensive live television coverage on WABC-7. Come Sunday, the event now sponsored by TCS will have its first-ever live radio partner, and veteran sports commentator Len Berman will anchor all of the audio action.
Satellite and app-based audio content creator and distributor Sirius XM has unveiled its annual extensive holiday music channel lineup, with some 26 dedicated offerings available either in-dash or exclusive via its streaming services. Among the new offerings is a channel hosted by the host of "The Tonight Show" on NBC.
The new Digital and Multimedia Sales VP at the Hispanic radio ad rep firm founded by José Villafañe joins from Mirror Digital, where she served as Director of Brand Partnerships, bolstering their presence among key agencies. She previously served as an Account Executive at Nielsen for their largest partner, Disney.
The EVP/Chief Financial Officer for Sinclair Inc. has been appointed to the Business Advisory Council of ATSC, the broadcast Standards Association. She'll contribute strategic insights to bridge business and technology sectors, expanding the scope of ATSC standards across a range of industries and geographies.
Jeff Winemiller and his Lowcountry 34 Media are at it again when it comes to buying and selling low-power television stations. This time around, the entrepreneur has signed off on two agreements that involve facility sales. One of the buyers is HC2 Station Group.
The owner of a Class D AM radio station serving the Southwest Corner of Missouri and towns near Joplin is coming to terms with the collapse of its 75-year-old radio tower, and what to do next.
The media company superserving African American consumers led by Alfred Liggins III has decided to host its third quarter earnings call directly opposite that of the nation's No. 1 owner of broadcast TV stations — and on the same day iHeartMedia, Saga Communications and TEGNA each release their respective Q3 reports.
"We have made significant progress on our plan to create a more sustainable future following challenging industry wide conditions and increased competitive intensity this past year." That's what Corus Entertainment co-Chief Executive Officer Troy Reeb said as total fiscal Q4 revenue was off 21% year-over-year while profits dipped by 9%. The Radio segment had a particularly difficult quarter.
In mid-July, the woman serving as the independent executor of the estate of John B. Walton signed off on the sale of two AM radio stations, a full-power FM station, and two FM translators serving Ruidoso, N. Mex. The transaction, brokered by Kalil & Co., has now formally closed.
Canada's largest multimedia company, owner of radio stations including flagship CHFI-FM in Toronto and an array of broadcast and cable brands including CityTV, SportsNet and CityNews, has released its third quarter earnings report for fiscal 2024. And, its earnings per share fell short of analysts' estimates by some 14%.
The nation's No. 1 owner of broadcast TV stations already enjoys the highest valuation of any publicly traded media company on the stock market. Now, Nexstar Media Group can revel in the fact that it has pushed its stock price back to a level last seen in early August.
As "Jen Myers," she was a key air personality for "Y98" in St. Louis and began her career some 25 years ago in Buffalo. In 2022 she stepped down to focus on fighting breast cancer. That battle concluded on Thursday.
In Rosemary Ravinal's view, the truth is that many bosses use jargon-filled language to conceal their weaknesses or fears. Yet, she says, no amount of colorful language can compensate for the lack of leadership and know-how.
The New York Festivals TV & Film Grand Jury is recruited from leading networks, production companies, and creative studios worldwide, all dedicated to excellence in storytelling across news, entertainment, sports, and corporate image content. Top-tier companies include The Walt Disney Company, ESPN, Telemundo, and the National Football League.
