Broadcaster Briefing

Articles and announcements about Broadcast Television Companies.

TVNewsCheck: Sinclair Hires Moelis To Help Sell Stations

Sinclair Broadcast Group announced that it has engaged Moelis & Co. as its financial adviser in connection with the company’s potential sale of CBS affiliate WHP (CBS) in Harrisburg, Pa., together with the right to provide services to WLYH (CW) Harrisburg, WMMP (MNT) Charleston, S.C., and WABM (MNT) Birmingham, Ala.…Continue Reading

MediaPost: Gray Television Launches LocalX Marketing, Helps Ad Clients Utilize Digital

Gray is launching LocalX Marketing in two phases. The first phase will bring digital marketing services to 19 markets, with a second phase extending to the rest of the company’s markets by the end of this year.…Continue Reading

TVNewsCheck: Pete Marquardt Named GM Of WGBA-WACY

The former GM of WJFW Wausau-Rhinelander, Wis., succeeds Joe Poss as head of Journal’s NBC and MNT Wisconsin duopoly.…Continue Reading

TVNewsCheck: Crafting The Rebirth Of NBC’s TV Stations

Valari Staab, the president of the NBC Owned Television Stations, took over management of the 10 stations a few years back. Her bosses also gave her the charge of improving the group and money to do so. She talks about how her investment in investigative reporters, helicopters, additional newscasts, new facilities and other resources has paid off. …Continue Reading

TVNewsCheck: Jane Pauley To Join CBS News

Bob Schieffer broke the news during his annual Schieffer Symposium on the News at Texas Christian University in Fort Worth that longtime NBC journalist Jane Pauley will join CBS News Sunday Morning as a contributor.…Continue Reading

TVNewsCheck: James Goldston To Head ABC News

The former SVP for content and development at ABC News is promoted to succeed Ben Sherwood who recently was upped to co-president, Disney/ABC Television Group.…Continue Reading

TVNewsCheck: Tribune Names Geiger GM Of Hartford Duo

Tribune Co.  announced the appointment of Chris Geiger as VP-GM of its WTIC (Fox) and WCCT (CW) in Hartford, Conn. (DMA 30). He succeeds Richard Graziano, who left to become GM of Tribune’s WPIX New York.…Continue Reading

TVSpy: Granite Broadcasting to Launch OTA Broadcast Service for Tablets

Granite Broadcasting and Motive Television have teamed up to bring over the air TV to tablets. The new venture, called Tablet Television, will launch as a beta test at Granite’s San Francisco Bay Area station KOFY summer 2014 with a full launch planned in the fall.…Continue Reading

MediaPost: NBCU Mulls Programmatic TV/Digital Upfront Deals

NBCU would be the biggest TV-media content company to consider using programmatic/automated systems — where advertisers can purchase target audiences across multiple media platforms, TV networks and digital TV platforms.…Continue Reading

TVNewsCheck: NBC Affils Get Briefed On TV Everywhere Plan

A day after NBCUniversal announced the rollout of its TV Everywhere platform, affiliates are starting to ramp up for getting onboard in the fall. The logistics and costs associated with participating in the network’s TV Everywhere initiative topped discussion at a closed-door affiliates meeting in Las Vegas, according to Hearst Television President Jordan Wertlieb, chairman of the NBC Affiliates Board.…Continue Reading

TVNewsCheck: Fox Affils Like What They Hear From Network

“There were things that they showed us today that I think makes us optimistic and confident that Fox is going to get this thing turned around and we’ll get back to a position of dominance that they and we have enjoyed for so long,” said Jeff Rosser, chairman of the Fox affiliates board,  after the closed-door session during the NAB Show. He is also group VP of television at Raycom Media.…Continue Reading

TVNewsCheck: NBC Sets Online Talent Search For Comedy Writers

NBC is launching a national talent search for comedy writers. The initiative dubbed "NBC Comedy Playground" will give up to 10 finalists the chance to create pilots and a formal presentation.…Continue Reading

MediaPost: Hearst Taps Anvato For Streaming Ad Insertion

The technology will allow Hearst stations to insert user-targeted ads via their existing digital ad servers, including local and national spots. This means they can automatically replace original broadcast ads throughout their live video streams with broadcast-style ad pods specific to local markets.…Continue Reading

MediaBistro: Nexstar Names Derek Jeffery GM of KGET

“Localism is our top priority at Nexstar and Derek brings a unique home town understanding of the local Bakersfield community to his new role at KGET-TV. His efforts and initiatives have fostered long-term relationships with local advertisers and community businesses and he has been a key contributor to the station’s success in the market,” Nexstar COO Brian Jones said in a statement.…Continue Reading

TVSpy: Media General Names Don Pratt GM of WCBD

“We are delighted to attract such a talented broadcast leader to WCBD,” Bob Peterson, VP of broadcast markets for Media General said in a statement. “Don understands the Charleston market from a news perspective and what drives its audience.”…Continue Reading

TVNewsCheck: Gray Revises Hoak Buy, Gets Partial FCC OK

Gray Television has received FCC approval to acquire six full-power TV stations and one low-power station (along with five satellite stations) in six markets from Hoak Media, the publicly traded Gray announced last night.…Continue Reading

Wisdom Digital Media: Hearst Television Rolls Out Anvato's Digital Ad Insertion Technology for Live Streaming

Hearst Television has deployed new digital ad insertion (DAI) technology for live streaming at more than 20 of its TV stations. Unveiled in March, Anvato's unique server-side technology enables broadcasters to use the same live linear adaptive bitrate (ABR) streams on every screen, while allowing them to insert unique, user-targeted ads via their existing digital ad server. …Continue Reading

MediaPost: Broadcasters Debut Pearl, Interactive TV Tested In 3 Trial Market

Major TV broadcasters are starting up a locally based interactive TV trial in three markets which will deliver enhanced content and advertising during local TV newscasts.Stations participating in the trial include WSB (Cox), WGCL (Meredith) and WXIA (Gannett) in Atlanta; WOIO (Raycom), WEWS (Scripps) and WKYC (Gannett) in Cleveland; WKMG (Post-Newsweek), WFTV (Cox) and WESH (Hearst) in Orlando.…Continue Reading

TVNewsCheck: Two New Diginets To Launch This Summer

The new Katz Broadcasting plans to launch Escape, aimed at women, and Grit, which will target men. Both will debut on the Univision Television Group, covering 30% of the U.S.…Continue Reading

Variety: Longtime Univision Host Raul Gonzalez to Host Variety Show for Telemundo

“We are thrilled to have one of the top TV personalities in Spanish language television join Telemundo’s exclusive talent roster,” said Jesus Torres Viera, exec VP of programming for Telemundo Network. …Continue Reading

TVNewsCheck: Hearst Television Expands Political Coverage

Hearst Television Inc. announced it is renewing and expanding its biennial pledge to devote extensive coverage of elections in 25 TV markets this year under a “Commitment 2014” banner.…Continue Reading

Robert Feder: WGN Gets New TV Boss From Cleveland

Moving up from the 19th largest market to the third is Greg Easterly, a 17-year veteran of WJW-TV, Cleveland’s Fox affiliate. Tribune Co. picked up WJW last December as part of its $2.7 billion acquisition of 16 stations owned by Local TV Holdings. Easterly spent his first 10 years at the station as news director before he was named general manager in 2007. His promotion to WGN was announced  by Larry Wert, president of Tribune Broadcast Media. …Continue Reading

The Wrap: Cynthia McFadden Jumps From ABC to NBC News, Juju Chang to Replace Her on ‘Nightline’

“Nightline” has appointed Juju Chang as co-anchor, replacing Cynthia McFadden, who is exiting the ABC News series in order to join NBC News. ABC News president Ben Sherwood announced Chang's elevation in a note to the news division, saying that the “vital member of the ‘Nightline’ team for many years” will assume the co-anchor role effective immediately.…Continue Reading

Deadline: Incoming Disney/ABC TV Group President Ben Sherwood On Getting The Big Job, His Learning Curve & ABC Topper Paul Lee

It has been a whirlwind of three months for Ben Sherwood. In December, he signed a new long-term contract with ABC News, which he had led since December 2010. Now he has been given the keys to a much bigger Disney TV kingdom, named the successor to Anne Sweeney as co-chairman, Disney Media Networks and president, Disney/ABC Television Group.…Continue Reading

TVNewsCheck: Media Gen/LIN To Sell Or Swap In 5 Markets

Before they can close their proposed $1.6 merger, Media General and LIN Media will have to sell or swap stations in five markets to comply with FCC rules limiting common ownership of more than one station in a market, Media General CEO George Mahoney told securities analysts following the announcement of the mega-deal.…Continue Reading

Reuters: Media General To Buy Broadcaster LIN Media For $1.6 Bln

Media General Inc said it would buy LIN Media LLC for $1.6 billion to create a broadcaster reaching nearly a quarter of U.S. households with a television.…Continue Reading

The Hollywood Reporter: Fox Networks Promotes Two Executives

Jessica Fang will oversee relationships and negotiating agreements with distributors covering all of the company's platforms, including Fox's 44 O&O's. David Espinosa's new role includes negotiation, implementation and administration of affiliation and retransmission consent agreements.…Continue Reading

MediaPost: Telemundo, Chevy Bow Sports Reality Web Show

Chevrolet and Telemundo are producing a new digital sports reality series, “La Cueva de la Fiera” (“Cave of the Beast”) hosted on the Telemundo Web site.…Continue Reading

TVNewsCheck: Nexstar Buys Internet Broadcasting Systems

The television station group is paying $20 million to acquire the digital services provider. Its products include websites, a digital publishing platform, original and syndicated content, as well as one of the largest digital advertising agencies.…Continue Reading

TVNewsCheck: Warren Buffett Buys Post-Newsweek’s WPLG

Graham Holdings Co. and Warren Buffett's Berkshire Hathaway Inc. today announced that they have reached an agreement in principle for Berkshire to acquire Graham’s WPLG Miami (DMA 16).…Continue Reading

TVNewsCheck: Gray Reports Strong 4Q, Full-Year Results

In the quarter, local ad revenue increased 13%, to $57 million; national was up 7%, to $16.2 million; Internet ad revenue grew 6%, to $7.0 million; while retransmission consent revenue increased 35%, to $11.5 million.…Continue Reading

TVNewsCheck: Scripps 4Q Core TV Station Rev Down 24.2%

Political disparity is the big culprit. Core local and national television advertising revenue rose 17%, retrans grew 42% and digital revenue was up 7.9%.…Continue Reading

TVNewsCheck: Journal’s 4Q TV Rev -13%, +9% For Year

Excluding political and Olympics revenue, same-station core revenue increased 11% in the quarter. Same-station local was up 2%, while same-station national grew 0.7%. 4Q Retrans grew from $2.9 million to $5.9 million.…Continue Reading

TVNewsCheck: Nexstar Names Dir. Of Local Content In East

Former news director Christopher Berg will to lead cross-platform content development in Nexstar’s West region markets. Jerry Walsh has the same responsibilities for the company’s Eastern markets.…Continue Reading

TVNewsCheck: Sinclair Makes Two Executive Appointments

Sinclair Broadcast Group promoted David B. Amy to executive vice president and chief operating officer from executive vice president and chief financial officer, and named Christopher Ripley chief financial officer, effective April 2.…Continue Reading

TVNewsCheck: Media Gen: Digital Rev Growth Everyday Job

Andy Lobred, Media General's VP of digital media, is on a mission to boost digital to 10% of his company's overall revenue. His solution: Staffing stations with digital-only sellers and diversifying digital products. In an interview with NetNewsCheck, Lobred explains how he holds on to effective digital sellers, weighs in on programmatic buying and talks about expanding digital marketing services business into all of its markets.…Continue Reading

MediaPost: Nexstar Broadcasting Rockets Local Advertising, Retrans Revs

After a big year of TV station acquisitions, mid-size TV station group Nexstar Broadcasting posted a nearly 20% rise in revenue in the fourth quarter. Revenue was $138.1 million for the Irving, Texas-based company. Nexstar results came from realizing benefits from TV station acquisitions that were completed in 2013.…Continue Reading

MediaPost: NBC News Goes Native, Produces And Airs :30s For Xerox

NBCU described the content as “original video” featuring “30-second snapshots of the day’s headlines, produced by and curated for each network audience, including ‘Why does the price of gas fluctuate?,’ ‘Are Black Holes dangerous?’ and ‘How should you analyze your golf round?  People today consume content on the go. They want easy, digestible information to become better informed about wide-ranging topics,” said Seth Winter, executive vice president, News and Sports Advertising Sales Group, NBCUniversal. …Continue Reading

TV NewsCheck: Sinclair Broadcast Group: Big Plans, Big Role

The Baltimore super group grows dramatically in size and industry influence. With the great expansion, Sinclair has moved to the top ranks of TV broadcasting and earned its recognition as TVNewsCheck’s Station Group of the Year for 2014. …Continue Reading

TVNewsCheck: Scripps Developing Live 4 P.M. Show For Fall

Station group E. W. Scripps is developing an original daytime program for fall 2014 to air on eight of its stations.The news-oriented program will have nationally focused content and some local content. It will air on ABC affiliate KNXV Phoenix and NBC affiliate KSHB Kansas City, Mo. and six other Scripps stations.…Continue Reading

TVNewsCheck: LIN Expands Minority Training Program

LIN Media has expanded the eligibility for its Minority Scholarship and Training Program to both sophomores and juniors, and is now accepting applications until March 31. The company will award one broadcast television scholarship/internship and one digital media scholarship/internship in May, to commence this summer.…Continue Reading

SportTechBlog: NBC-owned Stations Step Up Sochi Presence, Tie Into NBC News Channel And Network News, Share Content

The 10 NBC-owned news properties have about 25 people on-site and are sharing an Avid Interplay server system, making it easy for everyone to share interviews, clips, and other content without having to use drives and tapes (although a couple of stations are using Grass Valley Edius, which requires content to be dumped on a drive for transfer the good old-fashioned way). And, once packages are completed and ready to be shipped home, the Latakoo file-transport system is used to compress and transfer the content.…Continue Reading

TVNewsCheck: Journal Names Joe Poss GM Of WTMJ

Journal Broadcast Group has named Joe Poss vice president and general manager of NBC affiliate WTMJ Milwaukee (DMA 34). The appointment is effective Feb. 17.…Continue Reading

The Daily Record: Sinclair Has A Shot At Gold

Sinclair has never benefited from Olympics-related revenue in the past, but has acquired multiple NBC stations since the 2012 Olympic Games and now expects $3.6M in revenue related to the air of 2014 Winter Olympics.…Continue Reading

Hollywood Reporter: Leslie Moonves Predicts Soaring CBS Retrans Revenue, Long-term Football Prospects

In announcing record results for CBS Corp. in the final quarter of 2013 and for the full year, an ebullient CEO Leslie Moonves pointed to two $2 billion announcements.…Continue Reading

TVNewsCheck: Sinclair Posts Gain In 4Q, 2013 Revenue

Sinclair Broadcast Group today reported fourth quarter net broadcast revenues from continuing operations rose 33.2% to $382.3 million, versus $287.1 million in the prior year period.…Continue Reading

TVNewsCheck: Quincy Buying Stations From Granite, Malara

Quincy Newspapers Inc., a private, family-owned media company headquartered in Quincy, Ill., will be adding nine stations in four markets to its broadcasting portfolio.…Continue Reading

TVNewsCheck: Media General Moving KRON Operations

Media General plans to move the operations of KRON, its MyNetworkTV affiliate in San Francisco (DMA 6), to another building in San Francisco. Media General said that it has reached agreement with ABC-owned KGO to sublease space for KRON’s operations.…Continue Reading

LIN Media Press Release: LIN Media Appoints Jordan Hoffner as Chief Executive Officer of Federated Media

Digital and Content Marketing Leader to Strategically Direct Next Chapter of Innovation and Growth.…Continue Reading

NetNewsCheck: Raycom Eyes Diversification With Digital Biz

The broadcaster, with its new Raycom Innovation Group, is using digital solutions to confront new challenges to its core business. …Continue Reading

TVNewsCheck: Scripps Buying Granite TVs In Buffalo, Detroit

The E.W. Scripps Co. reaffirmed its commitment to broadcasting, acquiring ABC affiliate WKBW Buffalo (DMA 52) and MNT affiliate WMYD Detroit (DMA 11) from Granite Broadcasting for $110 million.…Continue Reading

NetNewsCheck: Post-Newsweek Hones Digital Targeting

Project Identity has the station group's digital team collecting more data about online and mobile subscribers with a plan to use it to better target content and advertising.…Continue Reading

Multichannel News: Univision Steps Up Its TV Everywhere Presence With TWC, Bright House

Bolstering its TV Everywhere affililiate and content roster, Univision is making fare from its suite of networks available to Time Warner Cable and Bright House Networks digital subscribers.…Continue Reading

TVNewsCheck: LIN Media 4Q Net Rev -6%, Full Year +18%

Local revenues, which include net local advertising revenues, retransmission consent fee revenues and TV station website revenues, increased 14% in the fourth quarter to $115.8 million, while national revenue rose 10% to $36 million. Those gains were offset by a plunge in political from $46 million to $3 million.…Continue Reading

MediaPost: Meredith Magazine Revenues Slip, TV Jumps

Meredith Corp. is moving to expand its local TV portfolio, with the acquisition of KTVK and KASW in Phoenix and KMOV in St. Louis. …Continue Reading

NetNewsCheck: IB Signs Agency Deal With Journal Broadcast

Internet Broadcasting Systems Inc. will provide digital advertising operations impacting Journal Broadcast Group’s 13 television and 35 radio stations across the United States in a gradual rollout.…Continue Reading

TVNewsCheck: Meredith Bullish On Buying StationsNBC TV Rev +11.5% In 4Q, -13% For Year

CEO Stephen Lacy tells analysts that it intends to "continue to grow its television footprint" and would not be put off by a negative Supreme Court decision in the Aereo case.…Continue Reading

Yahoo! Finance: LIN Media Announces Agreement to Acquire Federated Media

Expands digital media portfolio with industry-leading digital content marketing & publishing company.…Continue Reading

TVNewsCheck: NBC TV Rev +11.5% In 4Q, -13% For Year

The full-year drop is primarily due to the lack of Super Bowl and Olympics revenue. Factor that out and 2013 was up 5%, due mostly to increased retrans money.…Continue Reading

TVNewsCheck: Ibra Morales Named President Of MundoFox

Fox International Channels (FIC) and the RCN Television Group (RCN) today named Ibra Morales as president of MundoFox, effective immediately.…Continue Reading

TVNewsCheck: Debra O’Connell To Head ABC National Sales

ABC executive Debra O’Connell has been promoted to president of ABC National Television Sales, it was announced today by Rebecca Campbell, president of the ABC Owned Television Stations Group. She succeeds John Watkins, who previously announced that he will retire at the end of January.…Continue Reading

Yahoo! Finance: Journal Broadcast Group Names Turner, Wexler Executive Vice Presidents of Television, Radio

Journal Broadcast Group, the broadcast business of Journal Communications, Inc. (JRN), today announced organizational changes to its leadership team reflecting the group’s focus on its two primary businesses: Television and Radio. …Continue Reading

TVNewsCheck: Nexstar Increases Quarterly Dividend by 25%

Nexstar Broadcasting Group announced today that its board of directors approved a 25% increase in the quarterly cash dividend to $0.15 per share of its Class A common stock beginning with the dividend declared for the first quarter of 2014.…Continue Reading

TVNewsCheck: Raycom, Bellum Plan Two New Strips

Raycom Media and Bellum Entertainment have announced two new weekly series for 2014: Fix It & Finish It and Flip My Food. …Continue Reading

The New York Times: NBC’s News Unit Teams With Video Start-Up NowThis News

Broadcasting executives realize that viewers increasingly get their news by glancing on their smartphones instead of spending a half-hour in front of the television.…Continue Reading

TVNewsCheck: Tribune Names Clements COO, Broadcasting

Former Belo media executive Kathy Clements will work with Lynda King and report to Larry Wert in overseeing the station group.…Continue Reading

TVNewsCheck: Journal Broadcast Reaches Retrans Deals

“We are very pleased that subscribers in these nine markets (Milwaukee (WTMJ); Green Bay/Appleton, Wis. (WGBA and WACY); Lansing, Mich. (WSYM); Nashville (WTVF), Boise and Twin Falls, Idaho (KIVI, KNIN, and KSAW); Omaha, Neb. (KMTV); Tucson, Ariz. (KGUN/KWBA); and Las Vegas (KTNV) will continue to receive our stations’ great network programming, as well as the important local news, weather and sports programming we provide in each of our markets,” said Andre Fernandez, president-CFO of Journal Communications.…Continue Reading

Gannett Names New Broadcasting Team

David Lougee, president of Gannett Broadcasting, welcomed the newly acquired Belo stations to his company’s fold and announced a new executive team. The company closed on the $2.2 billion deal on Dec. 23.…Continue Reading

NetNewsCheck: Hubbard Makes Measured Moves In Digital

In an interview with NetNewsCheck,  Paul Anderson,, director of corporate IT for Hubbard Broadcasting’s TV group, talks about his goals for 2014 and hedging the company's bets in a changing media world.…Continue Reading

TVNewsCheck: Hearst's Barrett Passes Baton To Wertlieb

In a state-of-the-corporation memo to employees, Hearst Corp. CEO Steven Swartz unceremoniously announced that the transition already took place at the end of 2013.Continue Reading

TVNewsCheck: Tribune Closes Local TV Holdings Purchase

Tribune Company announced that it has completed the final steps necessary to close its $2.73 billion acquisition of Local TV Holdings LLC, the single biggest TV station transaction of 2013. The deal creates the largest combined independent broadcast group and content creator in the country, according to Tribune.Continue Reading

TVNewsCheck: Meredith Buying Three Stations From Gannett

For $407.5 million, Meredith is getting KMOV St. Louis and KTVK-KASW Phoenix that Gannett is acquiring in its purchase of Belo Corp.Continue Reading

Reuters: U.S. Clears Gannett Purchase of Belo Minus One TV Station

Gannett Co Inc can move ahead with its purchase of Belo Corp as long as the deal does not include KMOV-TV, a St. Louis television station, antitrust enforcers at the U.S. Justice Department said on Monday.Continue Reading

Variety: E.W. Scripps Acquires Internet-Video News Firm Newsy for $35 Mil

The E.W. Scripps Co., which owns 19 local TV stations and newspapers in 13 markets, has acquired digital-video news provider Newsy for $35 million as part of its strategy to build a national brand, the company announced.Continue Reading

Reuters: Meredith CEO on the Hunt For More TV Stations

Media company Meredith Corp plans to aggressively grow its local TV station group through acquisitions that could eventually lead to a spin-off, the company's chief executive officer said in an interview with Reuters.Continue Reading

TVNewsCheck: Entravision Initiates Quarterly Cash Dividend

Entravision Communications Corp. announced that its board of directors has approved the initiation of a quarterly cash dividend to shareholders and has declared an initial quarterly cash dividend of $0.025 per share of the Company's Class A, Class B and Class U common stock, in an aggregate amount of approximately $2.2 million.Continue Reading

TVNewsCheck: Chris Cornelius Joins Morgan Murphy Media

The veteran TV executive is tapped to be director of business development. Most recently he was president-COO of Barrington Broadcasting Group.Continue Reading

TVNewsCheck: Bounce TV Sets More Renewals, New Markets

African-American multicast network Bounce TV announced  another round of network renewals by current affiliates and launches by new ones.Continue Reading

NewsCast Studio: Gannett Stations Switch to USA Today Look Online

A select number of Gannett stations have debuted new websites that use the same look and feel as its parent company's flagship newspaper USA Today.Continue Reading

Raycom Media: Raycom Media Executive Vice President/Chief Operating Officer Set To Retire

Raycom Media announced that Wayne Daugherty, Executive Vice President /Chief Operating Officer, will retire effective December 31, 2013, after 44 years in the television industry.…Read More

Media Bistro: Univision Names Lourdes Torres VP of Regional News

Lourdes Torres has been named vice president of regional news for Univision News. In her new role, she will continue in her current role as director of special projects and add oversight for all programming on Univision O&Os.Continue Reading

TVNewsCheck: Sinclair Named TVN's Station Group Of Year

The award from TVNewsCheck recognizes the company’s deep faith in broadcasting and its status as a technology leader through its championing a new broadcast standard and new uses for TV spectrum.Continue Reading

TVNewsCheck: Media General, Dish Reach Retrans Accord

Media General and Dish Network announced they have reached an agreement for carriage of Media General’s television stations in 17 markets. Terms of the agreement were not disclosed.Continue Reading

HuffPost:TV Station Owner Gives $500 To Each Employee Just Because

Griffin Communications, the owner of CBS stations KWTV and KQCW in Oklahoma, decided to give $500 to every employee at the company for no other reason than, "why not?"Continue Reading

TVNewsCheck: Media General Shareholders OK Young Merger

Shareholders of Media General approved the company’s merger with New Young Broadcasting Holding Co. at a special meeting. Shareholders voted to reclassify one-for-one each outstanding share of Media General’s Class A and Class B common stock into a newly created class of common stock, thereby eliminating Media General’s dual-class stock structure.Continue Reading

TVNewsCheck: Disney Fiscal 4Q Broadcasting Rev. Up 2%

Broadcast revenue rose to $1.37 billion. Overall, the company’s net income was $1.39 billion, or 77 cents per share. That's up from $1.24 billion, or 68 cents per share, in the same months a year ago. Revenue grew 7% to $11.57 billion.Continue Reading

TVNewsCheck: Scripps 3Q Core Spot Revenue Up 7.5%

The E.W. Scripps Co. reported third quarter television station revenue down 20.8% compared to the same quarter last year due to the dearth of political advertising, which fell from $33.9 million to $1 million. However, core spot revenue (excluding political) rose 7.5% quarter-over-quarter, with national spot ($27.4 million) up 5.4% and local ($54.6 million) up 5%.Continue Reading

TVNewsCheck: CBS TV Stations’ 3Q Revenue Falls 6%

CBS Corp. reported its best-ever third quarter results in the period ended Sept. 30. “CBS’s third quarter proves once again why content is king,” said Sumner Redstone, executive chairman, CBS Corp. “Our programming is becoming more valuable all the time as we continue to take advantage of the ever-expanding multiplatform world.”Continue Reading

TVNewsCheck: Entravision 3Q Television Revenue Down 3%

Entravision Communications Corp. reported third quarter television segment revenue of $39,747,000, a 2.9% decrease from $40,903,000 in the same period a year earlier. Lower political and retransmission consent revenue, coupled with increased operating expenses  are the culprits.Continue Reading

TVNewsCheck: Nexstar To Pay $87.5M For 7 Grant Stations

The price tag for seven Fox and CW affiliates in four markets — Roanoke, Huntsville, Quad Cities and La Crosse — represents a buyer's muliple of just 5X, says Nexstar. With the deal, Nexstar's portfolio swells to 102 stations in 54 markets reaching approximately 15.5% of all U.S. TV homes.…Continue Reading

TVNewsCheck: LIN Media 3Q Net Revenue Climbs

LIN TV Corp. reported results for its third quarter ended Sept. 30 that included a 25% gain in net revenue to $163.1 million, compared to $133.1 million in the third quarter of 2012. Local revenues, which include net local advertising revenues, retransmission consent fee revenues and television station website revenues, increased 44% to $105.5 million, compared to $73.1 million in the third quarter of 2012.…Continue Reading

TVNewsCheck: Sinclair Posts Gain In 3Q Revenue

Sinclair Broadcast Group reported net broadcast revenues from continuing operations rose 34.7% to $303.0 million for the three months ended Sept. 30, versus $225.0 million in the prior year period.…Continue Reading

TVNewsCheck: Gray Buying Yellowstone Stations

Gray purchased a 99% non-voting interest in Yellowstone for $23 million and began operating the Yellowstone stations pursuant to a local marketing agreement. Subject to receipt of regulatory and other approvals, Gray will acquire voting control of Yellowstone in a subsequent transaction that is expected to close in the fourth quarter of 2013 or the first quarter of 2014.…Continue Reading

TVTechnology: NBC Fires Up Olympics Website

NBC lit up NBCOlympics.com, its Games-dedicated website,100 days from the start of the Sochi Winter Games, which begin Feb. 6. The site will serve as the preeminent destination for Olympics content and the exclusive home of Olympic video coverage, featuring, for the first time, live streaming coverage of all Winter Games competition, plus event rewinds and extensive video highlights.…Continue Reading

SCHURZ Release: KOTA TV Sale Agreement Announced

Dr. William F. Duhamel announced to employees today that Duhamel Broadcasting Enterprises has entered into a binding Asset Purchase Agreement to sell KOTA-TV and its three satellite television stations (KDUH-TV, Scottsbluff, NE; KHSD-TV, Lead-Deadwood, SD; and KSGW-TV, Sheridan, WY) to Schurz Communications, Inc of South Bend, Indiana.…Continue Reading

TVNewsCheck: Media General 3Q Spot Rev Down 16.4%

Drop is due to lack of Olympics and political advertising; factoring that out, core local and national sales increased 7.6%. Retrans money grew 41%, while digital revenue was up 21%.…Continue Reading

TVNewsCheck: Journal’s Same-Station 3Q TV Rev Up 2.2%

Journal Communications today announced that in the third quarter of 2013 its television station revenue of increased 2.2% to $39.8 million. Excluding political and Olympic revenue of $11.3 million in 2012, revenue from television stations increased 42.8%, or 5% on a same-station basis.
Local advertising revenue increased 40.9%, or 2% on a same-station basis, largely due to increases in automotive and supermarket advertising.…Continue Reading

TVNewsCheck: Belo 3Q Rev -5.7%, +3% Without Political

Belo Corp. reports total revenue of $166 million in the third quarter of 2013, which was $10 million, or 5.7%, lower than the third quarter of 2012 as the company cycled against political revenue, which was $15 million less than the third quarter of 2012, and $13.4 million of non-returning Olympics revenue on the company’s NBC-affiliated television stations in the third quarter of 2012. Total revenue excluding political in the third quarter of 2013 was 3.1% higher than the third quarter of 2012.…Continue Reading

TVNewsCheck: Nexstar Declares Quarterly Cash Dividend

Nexstar Broadcasting Group announced today that its board of directors declared a quarterly cash dividend of $0.12 per share of its Class A common stock.…Continue Reading

Variety: Univision 3Q Revenue Up But Profit Drops

Univision Communications’s third quarter net revenues rose 10.1% to $692.7 million from $628.9 million in 2012, it reported Thursday. Among its various units, TV revenues grew; radio was flat and digital revs dropped.…Continue Reading

Press Release: Meredith Corporation Reports Fiscal 2014 First Quarter Results

Meredith reports that they're off to a strong start in fiscal 2014, with revenues up.…Continue Reading

TVNewsCheck: Raycom Deploys LiveU Bonded Cellular Across Group

Raycom Media has deployed LiveU bonded cellular products across its entire group, including LU70 backpacks and the LU-Smart app for smartphones which lets reporters in the field fire up an app from their device and go live immediately.…Continue Reading

MediaPost: NBCU Revamps Ad Division, 6 Named EVP

NBCUniversal TV advertising business is restructuring around four areas -- all in an effort to give advertisers “scale” that gets tougher to come by.…Continue Reading

LA Times: Univision, Time Warner Cable Strike New Distribution Deal

Spanish-language media giant Univision Communications and Time Warner Cable have signed a new, multiyear distribution deal that includes carriage of several of Univision's new networks including the highly anticipated El Rey Network. …Continue Reading

LIN Media Announces the Retirement of Scott Blumenthal, EVP Television

LIN Media LLC (“LIN Media” or the “Company”) (NYSE: LIN) announced today that Scott Blumenthal, Executive Vice President Television, will retire on December 31, 2013, after a distinguished 30-­‐year career with the Company. Jay Howell, the Company’s current Vice President Regional Television, has been named Mr. Blumenthal’s successor. Effective January 1, 2014, Mr. Howell will assume the position of Vice President Television.Continue Reading

USA Today: Belo Shareholders Approve Deal With Gannett

Shares of Gannett jumped about 4% Wednesday after the media company cleared a major hurdle in its quest to nearly double its TV business. Dallas-based Belo said that its shareholders voted in a special meeting to approve a deal for Gannett to acquire Belo for $13.75 a share - or about $1.5 billion in cash - and assume $715 million of Belo's debt. The deal needed a two-thirds majority of the votes to be approved.Continue Reading

TVNewsCheck: News-Press & Gazette Buys Three Stations

The News-Press & Gazette Company has purchased three stations from the Cowles California Media Company, subject to approvals from the Federal Communications Commission. Stations that News-Press & Gazette purchased include, KION (CBS) and KMUV (Telemundo) in Monterey-Salinas, Calif., and Fox affiliate KKFX Santa Barbara, Calif.Continue Reading

TVNewsCheck: Making The Most Of Multimedia Synergies

The division of Atlanta-based Cox Enterprises that comprises 14 TV stations, 57 radio stations and eight dailies is enjoying the fruits of cross-media synergy, according to Bill Hoffman, president of the division in an interview with TVNewsCheck Editor Harry A. Jessell.Continue Reading

Multichannel News: Next TV Summit: ABC Sets Big Goals for ‘Watch ABC’ App

The Disney/ABC Television Group has a big goal in mind for “Watch ABC,” the authenticated service that provides access to ABC’s full 24-hour feed on iOS devices, Kindle Fire tablets and on the Web at WatchABC.com. Continue Reading

The Wrap: ‘Under the Dome’ CBS, Amazon Deal Renewed

CBS and Amazon hope viewers will stay under the influence of “Under the Dome” in Season 2: the companies are renewing a deal that will allow fans to keep watching episodes online, four days after they air on CBS.Continue Reading

Media Post: NBC Partners With Electus To Develop Telenovelas

“We believe there is huge potential for telenovelas to be adapted and developed for American viewers,” stated NBC entertainment chief Jennifer Salke. “These stories clearly have resonance across all cultures and nationalities.”Continue Reading

TVNewsCheck: Gray Stations Launch On Syncbak Platform

Gray Television today begins offering access to all of its Big Four affiliated stations on the Syncbak app. As a result, in-market consumers who download the mobile Syncbak app to their tablets or smartphones may now watch their local Gray station during time periods when the channels broadcast their licensed programming.Continue Reading

TVNewsCheck: Raycom, Auburn U. In Journalism Collaborationation, Broad Reach Is Our “Special Sauce”

Raycom Media and Auburn University’s school of communication and journalism unveiled a partnership to train multimedia student journalists. Professors at the Alabama school and Raycom Media professionals will work with students in a convergent newsroom to reinforce classroom lessons with live reporting experiences. The partnership will allow Journalism and Communication School majors to have hands-on learning experiences in a state-of-the-art studio.Continue Reading

Magid Morning Facts: NBCU CEO: Platform Combination, Broad Reach Is Our “Special Sauce”

NBCUniversal CEO Steve Burke is the man in charge of pulling off a colossal wager. With Comcast's two-stage, $30 billion deal completed in March, the cable giant is betting that its distribution business, combined with a content company, can create outsize benefits.Continue Reading

NetNewsCheck: ABC Launches Streaming TV In Houston

Disney/ABC Television Group today announced the launch of its “Watch ABC” authenticated streaming service in Houston. Watch ABC allows pay TV subscribers to access Houston’s KTRK 24 hours a day, seven days a week online and on their mobile devices.Continue Reading

The New York Times: NBC Is Set to Showcase Elite Soccer

NBC Universal will open the first season of its three-year, $250 million deal with England’s Premier League, which will show every game on television or on digital streams.Continue Reading

TVNewsCheck: ABC Promotes Paul Pastor To Strategy SVP

Paul Pastor has been promoted to senior vice president of strategy and consumer analytics for Disney/ABC Television Group; it was announced by Peter Seymour, EVP-CFP, Disney/ABC Television Group, to whom he will continue to report. In this new role, Pastor adds responsibility for all research activities related to the ABC Television Network, ABC Studios, ABC Family and Disney/ABC Domestic Television.Continue Reading

MediaPost: Media General TV Revs Slip, Retrans To Rocket Up

Media General, now a local TV and digital media company, trimmed its net losses in the second quarter. Net loss was at $16 million, down from a net loss of $146 million in the second quarter of 2012. In the prior-year period, it registered a loss of $132 million related to the divestiture of discontinued operations -- mostly newspapers.Continue Reading

Los Angeles Times: NBCU Cable Taps ABC's Kennedy to Head Research

Charles Kennedy, a senior vice president of research at ABC, is joining the NBCUniversal Cable Entertainment Group as its executive vice president of research and insights.Continue Reading

TVNewsCheck: Gray 2Q Spot: Total, -12.1%; Core, +5.1%

Gray Television today reported that second quarter spot revenue fell 12.1% compared to the second quarter of 2012 to $66.7 million, primarily due to expected decreases in political advertising, which plummeted from $13.1 million in the quarter last year to $751,000 this year. But core spot, which excludes political, rose 5.1%, with both local and national up around that same percentage. Local accounted for 60% of spot revenue.Continue Reading

The E.W. Scripps Company: Scripps Reports Second-quarter Results

The E.W. Scripps Company reported operating results for the second quarter of 2013 that reflect an increase in local and national television advertising revenues and an increase in segment profit at the newspaper group. The Company also successfully rolled out its bundled subscription model in 11 of 13 newspaper markets.Continue Reading

Broadcasting & Cable: Exclusive: Key Station Groups Renewing Bounce TV Deals

African-American broadcast network Bounce TV has gotten renewals from some of its largest affiliates and has also been launched in several new markets, increasing its coverage to 88% of television homes and 70% of the U.S.Continue Reading

TVNewsCheck: Post-Newsweek 2Q Revenue Climbs 4%

The Washington Post Co. today reported first quarter financial results that included a 4% increase in its Post-Newsweek television stations division revenue to $99.3 million, up from $95.6 million in the same period of 2012.Continue Reading

Raycom Press Release: Raycom Media Continues Negotiating With Dish Network

August 1, 2013, (Montgomery, AL) Since 1996 Raycom Media has been committed to serving viewers with local news and weather, popular network programming, and local community service. At the same time; serving the local business community by providing a critical advertising platform for reaching their customers.Continue Reading

Politico: Broadcast TV landscape is shifting under FCC

The string of TV deals capped this week by the announcement of a sale by Allbritton Communications puts pressure on the Federal Communications Commission to keep its eye on the broadcast industry even as the agency is going through its own makeover.Continue Reading

TVNewsCheck: Comcast’s NBC TV 2Q Revenue Rises 11.5%

Comcast Corp. today reported results for the quarter ended June 30 that included an 11.6% increase in revenue from its broadcast television segment to $1.7 billion compared to $1.6 billion in the second quarter of 2012.
The company said the gain was driven by a 13% increase in advertising revenue, primarily reflecting higher primetime ratings at the NBC broadcast network, and higher retransmission consent fees.
Continue Reading

TVNewsCheck: Journal’s Same-Station 2Q TV Rev Up 6.9%

Journal Communications announced that in the second quarter of 2013 its television station revenue increased 22.5% to $43 million, or 6.9% on a same-station basis, excluding political. Television political advertising revenue was $200,000 compared to $5.2 million. Local advertising revenue, excluding political, increased 43.2%, or 6.8% on a same-station basis, primarily due to an increase in automotive advertising.Continue Reading

TVNewsCheck: LIN Media 2Q Revenue Climbs 36%

LIN TV Corp. reported results for its second quarter ended June 30 that included a 36% gain in net revenue to $164.3 million, compared to $121 million in the second quarter of 2012. Local revenues, which include net local advertising revenues, retransmission consent fee revenues and television station website revenues, increased 44% to $107.1 million, compared to $74.3 million in the second quarter of 2012.Continue Reading

TVNewsCheck: Belo 2Q Rev, Excluding Political, Up 2.5%

Belo Corp. today reported total revenue of $174 million in the second quarter of 2013, which was $4.1 million, or 2.3%, lower than the second quarter of 2012 as the company cycled against political revenue, which was $8.3 million less than the second quarter of 2012. Total revenue excluding political in the second quarter of 2013 was 2.5% higher than the second quarter of 2012.Continue Reading

TVNewsCheck: Fisher Reports 2Q Core TV Revenue Up 4%

Fisher Communications on Friday reported financial results for the second quarter ended June 30 that included flat total TV net revenue year-over-year. Excluding political revenue, TV net revenue was up 2%.Continue Reading

TVNewsCheck: Staab Gets Oversight Of Telemundo Stations

In a reorganization, Valari Staab, president of the NBC Owned Television Stations will also oversee Telemundo's 16 TV stations as well as Boston-based regional cable news network NECN.Continue Reading

TVNewsCheck: Meredith Local Media Revenue Up 9%

Meredith Corp.'s Local Media Group — which consists of television stations and a video content creation unit that produces national broadcast and custom programming — generated fiscal 2013 fourth quarter revenue of $92 million, up 9% from the year-earlier period.Continue Reading

TVNewsCheck: Gannett 2Q Core TV Ad Revenue Up 1.5%

Gannett Co. reported second quarter financial results that included Broadcasting Group revenue of $212 million, 3.2% higher than in the same quarter a year ago. The increase, the company said, reflects significant growth in retransmission revenue and an increase in core advertising revenue mitigated, in part, by lower political revenues.Continue Reading

TVNewsCheck: Sources: Allbritton Likely To Pick Two Buyers

Most observers think the station group will sell its flagship WJLA Washington to one bidder (the odds-on favorite is Disney-ABC), with the other seven likely going to a buyer looking for duopoly opportunities. Bids for the group are due July 22, 2013.Continue Reading

Baltimore Business Journal: Sinclair Accuses Time Warner of Breach of Contract

The lawsuit, filed in Circuit Court for Baltimore County, alleges that Time Warner (NYSE: TWC) moved WNYS-TV, a MyTV Network station, to channel 1225 when other local broadcast stations owned or managed by ABC, CBS, NBC, Fox or the CW Network were assigned channels in the 100-level range.Continue Reading

Broadcasting & Cable: Exclusive: Key Station Groups Renewing Bounce TV Deals

Bounce TV said it has also been launched in several new markets, increasing its coverage to 88% of television homes and 70% of the U.S.Continue Reading

Broadcast Law Blog: Deadline for Reply Comments on FCC Indecency Policies Extended

The deadline for reply comments on the FCC’s Indecency policy have been extended. A request from CBI, a collegiate broadcasters organization, asked for more time given the extensive initial comments filed in the proceeding and the fact that college broadcasters have difficulties in responding to issues over summer school holidays.Continue Reading

TVNewsCheck: Gray Television Restructures Its Leadership

In the wake of the resignation of Bob Prather as president-COO of Gray Television on June 21, the company announced a “streamlined management structure” consisting of a management team of five individuals who report to Gray Television President-CEO Hilton Howell.Continue Reading

TVNewsCheck: Tribune Co. To Split Itself Into Two

Tribune Co. announced its intent to pursue the separation of its broadcasting and publishing businesses into two distinct companies. The proposed transaction is the latest step in the transformation of the once-bankrupt media company, which last week announced it has will acquire Local TV LLC and the 19 television stations it owns in 16 markets across the country.Continue Reading

TVNewsCheck: Tribune Buying Local TV LLC For $2.75 Billion

With the acquisition of Local TV's 19 stations in 16 markets, Tribune’s broadcast portfolio will swell from 23 to 42 stations — 14 CW affiliates, 14 Fox affiliates, five CBS affiliates, three ABC affiliates, two NBC affiliates and four independents.Continue Reading

TVNewsCheck: Smith: Adopt Next TV Standard — Now

Sinclair Broadcast Group CEO David Smith is adamant that broadcasters need to adopt ATSC 3.0 as the next-generation TV standard as quickly as possible. Without it, he says, "we can’t compete."Continue Reading

TVNewsCheck: Bob Prather Resigns As Gray President-COO

CEO Hilton Howell takes on the additional title of president as Prather leaves the 17th largest station group. "I want to thank Bob Prather for his service to the company," Howell said in a prepared statement.Continue Reading

The Wall Street Journal: LIN Media Celebrates 15(th) Anniversary of Minority Scholarship & Training Program and Announces 2013 Recipients

LIN TV Corp. ("LIN Media"; NYSE: TVL), a local multimedia company, is pleased to announce the recipients of its 2013 Minority Scholarship and Training Program in both Broadcast and Digital Media. Since the launch of the program in 1998, LIN Media has awarded more than $500,000 in scholarship funds to ambitious students interested in a wide spectrum of fields in or relating to broadcast television and digital media.Continue Reading

TVNewsCheck: Joe Oulvey Named Fox Stations Sales EVP

Joe Oulvey was named executive vice president of Fox Stations Sales. He replaces Patrick Paolini, who was recently appointed VP-GM of Fox O&O WTTG Washington.Continue Reading

Broadcasting & Cable: Growing Gannett Eyeing Homegrown Programming

Gannett's planned acquisition of Belo further solidifies a strategy that has been in the works for some time -- the group, which will grow from 23 to 43 TV stations when the deal closes, is developing homegrown programming that it is considering for multiple dayparts.Continue Reading

CNBC.com: Gannett to Buy Belo for $13.75 a Share Cash, or $1.5 Billion

Gannett, the largest newspaper chain in the United States, agreed to pay $1.5 billion in cash for television company Belo, with an aim to making broadcast a bigger part of the business than newspapers.Continue Reading

TVNewsCheck: Applause For Media General’s Young Merger

Industry analysts think the move, which will give Media General 30 network affiliates across 27 markets reaching 14% of U.S. TV households, makes a lot of sense. “It's nothing short of a great deal," says Barry Lucas, SVP-research at Gabelli & Co. "It's a home run for them."Continue Reading

Bloomberg: CBS Promotes CFO Ianniello to New Post Over Operations

CBS Corp. (CBS), owner of the most-watched U.S. television network, promoted Chief Financial Officer Joe Ianniello to the newly created post of chief operating officer, elevating Les Moonves’s top lieutenant. Continue Reading

TVNewsCheck: Hearst Goes To The Cloud For Ad Delivery

For the past several months, all 29 Hearst stations have used a cloud-based advertising spot delivery system powered by Signiant’s Managers+Agents platform. Currently, the station group is using the new system for national ads, with a plan to do a local ad rollout throughout the summer.Continue Reading

NetNewsCheck: Nexstar Taps Syndicaster For Online Video

The Nexstar Broadcasting Group will be using the Syndicaster platform for online video at its 61 television station in 41 markets, the companies announced on Monday, signaling a move to more aggressive digital video production. Continue Reading

TVNewsCheck: SagamoreHill Sells TVs In Two Markets

SagamoreHill Broadcasting is selling NBC affiliate KGNS Laredo, Texas, and CBS affiliates KGWN-KSTF Cheyenne, Wyo.-Scottsbluff, Neb., to broadcast newcomer Yellowstone Holdings LLC for $20.5 million, according to Kalil & Co., which brokered the deal.Continue Reading

MediaPost: Hearst Backs Roku To Expand TV Streaming

Hearst has joined a $60 million venture-capital round backing Roku, the company that facilitates online streaming to TV screens.Continue Reading

TVNewsCheck: Univision Appoints Patsy Loris VP Of News

Univision News has named Patsy Loris vice president of news. In this role, she will oversee Univision News evening and late night news, its weekend edition, news segments for Despierta America (Wake Up America) and the operations of Univision’s news division.Continue Reading

NetNewsCheck: Media Gen Stations Join AdTaxi Network

Media General-owned TV stations Columbus, Ohio's WCMH and Roanoke, Va.'s WSLS, have joined Digital First Media's AdTaxi Alliance Network.Continue Reading

TVNewsCheck: Gray's Prather Betting It All On Broadcasting

Gray Television President-COO Bob Prather turned early lessons, a grad-school thesis and an investment in a former gold mining concern into one of the larger pure-play broadcasting groups in the U.S.Continue Reading

TVNewsCheck: Sinclair Hops From Sixth To Third In Top 30

Fueled by its enormous appetite for station acquisitions, Sinclair Broadcast Group vaulted over three other major TV station groups to land in the No. 3 spot in TVNewsCheck/BIA Kelsey's annual Top 30 ranking of TV station groups.Continue Reading

NetNewsCheck: Sook: Algorithms Can’t Serve Local Markets

Perry Sook, chairman and CEO of Nexstar Broadcasting Group, told attendees at the Media Financial Management Association's conference in New Orleans today that local media companies' local nature is their greatest weapon in their battle against the Googles and Yahoos of the world. “Local markets cannot be effectively served by an algorithm,” he says.Continue Reading

Broadcasting & Cable: Tumulty Named EVP of Affiliate Relations at CBS

Elizabeth Tumulty has been named executive VP of affiliate relations for the CBS Television Network. Tumulty comes from The CW, where she was executive VP of network distribution, serving as the network's head of distribution and affiliate relations when it launched in 2006. Continue Reading

Pittsburgh BusinessTimes: WTAE-TV GM Named Hearst Senior VP

WTAE-TV President and General Manager Michael J. Hayes is moving up the corporate ladder, and was named to a senior vice president position in parent company Hearst Television.Continue Reading

TVNewsCheck: Spectrum Valuation Puts Sinclair At The Top

Sinclair Broadcast Group’s stock may be the best publicly traded broadcast stock value on the market currently — at least when the value of the spectrum the Baltimore-based company controls though its TV stations is considered, according to a study released Friday by Wells Fargo Securities.Continue Reading

TVNewsCheck: Hearst To Offer ABC Live Streaming Service

Disney/ABC Television Group has announced that Hearst Television and other ABC affiliates will join the ABC O&Os in live streaming their broadcast signals so that they can be received by "authenticated" cable subscribers on tablets and smartphones.Continue Reading

TVNewsCheck: Nexstar’s 1Q Net Revenue Climbs 34.2%

Nexstar Broadcasting Group today reported financial results for the first quarter ended March 31 that included a 34.2% increase in net revenue to $112.2 million compared to the year-earlier quarter’s $83.6 million.Continue Reading

Magid Morning Facts: Univision Wants Advertisers On “Right Side Of History”

Propelled by the country's rapidly growing Hispanic population, Univision is the only one of the top five networks to have increased its prime-time viewership this season in the coveted 18- to 49-year-old demographic.Continue Reading

Magid Morning Facts: Scripps TV Station Revenue Slips; Digital, Retrans Dollars Up

The E.W. Scripps Co. reported first quarter earnings on Monday that included revenue from television stations of $96.9 million, down $2.7 million from the first quarter of 2012, a decrease of 2.8%.Continue Reading

TVNewsCheck: LIN's Jenkins And His Busy Tech Agenda

LIN Media’s Brett Jenkins feels like his station group has been on the cutting edge of broadcast technology for some time now.Continue Reading

TVNewsCheck: CBS TV Stations’ 1Q Revenue Up 5%

CBS Corp. on Wednesday reported its strongest-ever quarterly results, including 1Q revenue that exceeded $4 billion for the first time since CBS became a stand-alone company in 2006.Continue Reading

TVNewsCheck: Sinclair Prices Common Stock Offering

Sinclair Broadcast Group announced today that it has priced an underwritten public offering of 18 million primary shares of Class A common stock at a price to the public of $27.25 per share.Continue Reading

Bmore Media: WBAL-TV Is Bringing Mobile TV To Baltimore

Baltimore news station WBAL-TV recently signed an agreement with New Jersey's Dyle mobile TV to bring live broadcast programming to viewers who want to watch news and other programs on their cell phones. The move will help the local NBC affiliate expand its reach and stay ahead of the competition with new technologies.Continue Reading

Sinclair Broadcast Group: Sinclair Reports $0.21 Diluted Earnings Per Share In First Quarter 2013; Declares $.015 Quarterly Dividend Per Share

Sinclair Broadcast Group, Inc. reported financial results for the three months ended March 31, 2013.Continue Reading

Nextstar.tv: Nexstar Broadcasting Group Press Release

Nexstar Broadcasting Group and Mission Broadcasting to Acquire Communications Corporation of America and White Knight Broadcasting, Owners of 19 Television Stations in Ten Markets, for $270 Million in Accretive TransactionContinue Reading

TVNewsCheck: Belo 1Q Revenue Up 2.8% To $160.3 Million

Belo Corp. today reported total revenue of $160.3 million in the first quarter of 2013 was $4.4 million, or 2.8%, higher than the first quarter of 2012.Continue Reading

MediaPost: Gannett's TV Revs Rocket 10%, Retrans Up 60%

Gannett TV revenues climbed nearly 10% in the first quarter of 2013. Gannett pulled in $185.5 million -- 8.5% higher than its $170.9 million in the first quarter of 2012 -- despite the absence of Super Bowl advertising revenues, which the station group benefited from during the first quarter of 2012.Continue Reading

TVNewsCheck: Station Group Stocks Back From The Dead

Helped by a resurgent stock market and auto advertising, the stock of TV station groups is rising, Phoenix-like, from the ashes of the last decade's recession. While the rebound has been impressive for all, two pure-play operators stand above the rest: Nexstar and Sinclair. And companies with a mix of stations and print, particularly newspapers, have also enjoyed the rising tide, though less robustly, as the drag from the print side remains a limiting factor.Continue Reading

TVNewsCheck: LIN Makes Its Second Digital Buy In A Week

LIN TV Corp. today announced that it acquired a majority of Dedicated Media, a multichannel ad buying and optimization firm.Continue Reading

TVNewsCheck: Nexstar Names ND For Memphis-Jackson

Nexstar Broadcasting Group announced that Lisa Lovell-Ayres has been named news director of WPTY (ABC) and WLMT (CW) Memphis (DMA 49) and WJKT (Fox) Jackson, Tenn. (DMA 176). The appointment is effective immediately and she will report to Ardyth Diercks, VP-GM of the Memphis and Jackson television and digital operations.Continue Reading

TVNewsCheck: Hearst Stations Renew PolitiFact Partnership

In addition to re-upping with the fact-checking website of the Tampa Bay Times, Hearst Television is also launching a series of issues-discussion town halls throughout New Hampshire. “Conventional wisdom may hold that television stations relax political news coverage during non-election years, but the reality is different,” says David Barrett, Hearst Television CEO. “Increasingly, politics never sleeps."Continue Reading

TVNewsCheck: Roger Hess Named GM Of Nexstar In Vermont

Nexstar Broadcasting Group today named Roger Hess has been appointed VP-general manager of its recently acquired Fox affiliate WFFF Burlington, Vt.-Plattsburgh, N.Y. (DMA 97). Hess will also oversee Nexstar’s shared services and joint sales agreements with Mission Broadcasting for the market’s ABC affiliate, WVNY. The appointment is effective April 5 and Hess will report to Timothy Busch, Nexstar co-COO.Continue Reading

TVNewsCheck: LIN Acquires Majority Ownership In HYFN

LIN TV Corp. on Thursday acquired a majority ownership position in HYFN, a full-service digital agency that develops and implements mobile, social and Web.Continue Reading

TVNewsCheck: Hubbard To Receive Lowry Mays Award

Stanley S. Hubbard, chairman of Hubbard Broadcasting, will be the recipient of this year’s Lowry Mays Excellence in Broadcasting Award.  The award will be presented during the Broadcasters Foundation of America Breakfast on April 10, at the Wynn Hotel in Las Vegas, in conjunction with the National Association of Broadcasters Show.Continue Reading

TVNewsCheck: Sinclair Adding Mobile DTV to Nine Markets

Mark Aitken, Sinclair VP of advanced technology, said the pace of technology makes it imperative for broadcasters to offer mobile DTV to lead in serving their communities.Continue Reading

TVNewsCheck: Canales To Head Sinclair's San Antonio Sales

Sinclair Broadcast Group has named Robert Canales director of sales of its San Antonio, Texas (DMA 36), triopoly of KABB (Fox), WOAI (NBC) and KMYS (CW). Canales will start the week of April 8 and report to Dean Radla, GM of KABB and KMYS.Continue Reading

TVNewsCheck: Swartz To Succeed Bennack As Hearst CEO

Hearst Corp. on Wednesday announced that Steven R. Swartz, the company’s president and chief operating officer, will succeed Frank A. Bennack Jr. as chief executive officer of the corporation on June 1. Bennack will continue to serve as executive vice chairman of the Hearst board of directors and chairman of the corporation's executive committee.Continue Reading

TVNewsCheck: What's Next For Broadcasters At The FCC

FCC Chairman Julius Genachowski and Commissioner Robert McDowell announced that they are leaving the FCC in the near future. The FCC can continue to do business with three commissioners should the replacements not be confirmed before the departures, but what will this change in the FCC mean for broadcasters?Continue Reading

TVNewsCheck: Hearst to Deploy TVUPack Across 29 Stations

Hearst Television signed an exclusive deal to deploy TVUPack bonded cellular solutions across its 29 stations. Hearst’s market covers 22 states, one of the farthest-reaching station groups in the country. Some of its biggest stations include WCVB Boston, WMOR Tampa, Fla., and WESH Orlando, Fla.Continue Reading

TVNewsCheck: Journal Broadcast Names Pritchard Finance VP

Journal Communications on Wednesday named Alvin Pritchard vice president of finance for the Journal Broadcast Group. Pritchard will begin on April 1 and will report to President-CFO Andre Fernandez.Continue Reading

TVNewsCheck: Scripps Names New Head Of Communications

Carolyn Pione Micheli will join The E.W. Scripps Co. as vice president of corporate communications and investor relations, effective March 25.Continue Reading

TVNewsCheck: ‘America Now’ Making Ratings Gains

Raycom Media and ITV Studio’s first-run newsmagazine America Now, co-hosted by Leeza Gibbons and Bill Rancic, is seeing its ratings perk up. In January, it was up16% over a year earlier to a 1.4 rating, based on Nielsen metered-market data not counting double runs.Continue Reading

TVNewsCheck: Nexstar Rev. Climbs 35% In 4Q, 24% For Year

Nexstar Broadcasting Group today reported financial results for the fourth quarter and year-ended Dec. 31, 2012, that included a 34.8% increase in net revenue to $116.2 million in the fourth quarter compared to the year earlier quarter. For the full year, revenue rose 23.5% to $306.5 million.Continue Reading

TVNewsCheck: Sinclair Buying Barrington Stations For $370M

Sinclair Broadcast Group announced Thursday that it is purchasing 18 TV stations from Barrington Broadcasting Group for $370 million and entering into agreements to operate or provide sales services to another six stations.Continue Reading

TVNewsCheck: NBC Stations Tap Chiulli For East Coast Sales

The NBC Owned Television Stations division of NBCUniversal today announced that Tony Chiulli has been named senior vice president of national sales for the East Coast, overseeing all sales efforts for the national sales organizations in New York, Philadelphia, Boston and Atlanta. Continue Reading

TVNewsCheck: Fisher TV 4Q Rev Up 23%, 2012 Up 15%

Fisher Communications Inc. on Thursday reported its financial results for the fourth quarter and fiscal year ended Dec. 31, 2012, that included TV net revenue of $46.7 million , up 23% year-over-year to driven by strong political issue and candidacy placements.Continue Reading

TVNewsCheck: Raycom Brings 6 More Stations To Rentrak

Rentrak Corp. today announced a multi-year, multi-market expansion of its partnership with Raycom Media.Continue Reading

TVNewsCheck: LIN Reports Record 4Q, Full-Year Results

LIN TV Corp. today reported results for its fourth quarter and full year ended Dec. 31, 2012, that included a 76% increase in 4Q net revenues to $196.2 million, compared to $111.5 million in the fourth quarter of 2011. Approximately $41 million of fourth quarter net revenues is attributable to net revenues earned by the eight New Vision stations acquired during the fourth quarter of 2012.Continue Reading

TVNewsCheck: Scripps 4Q TV Revenue Climbs 39%

Led by a record level of political advertising revenues and the performance of acquired television stations, The E.W. Scripps Co. reported operating results for the fourth quarter of 2012 that were significantly stronger than the fourth quarter of 2011, as well as the fourth quarter of the previous election year.Continue Reading

MediaPost: NBCU Pays $195 Mil To Secure Remaining MSNBC Site Stake

NBCUniversal spent $195 million to buy back the remaining 50% of MSNBC.com that was owned by Microsoft, according to Comcast’s latest 10-K filing with the Securities and Exchange Commission.Continue Reading

TVNewsCheck: Hubbard Adding WNYA To Albany Portfolio

Hubbard Broadcasting, owner of NBC affiliate WNYT Albany, N.Y., is buying the market's MNT affiliate, WNYA, from Venture Technologies.Continue Reading

equities.com: Cox Media Group Reaches Definitive Agreement to Sell TV Stations in Four Markets

Cox Media Group (CMG) has reached a definitive agreement with Sinclair Television to sell TV stations in four markets as part of its broadcast portfolio realignment. Continue Reading

TVNewsCheck: Obama Adviser David Axelrod Joins NBC News

David Axelrod, former strategist and aide to President Obama, has landed a new job at NBC News.Continue Reading

MediaPost: Univision's Ad Showing Ups Revs 10%

Strong advertising gains helped Univision Communications add nearly 10% to its revenue coffers in the fourth quarter 2012. Fourth-quarter revenue climbed 9% to $672 million for the Spanish-language media company's TV, radio and digital businesses. Continue Reading

TVNewsCheck: Post-Newsweek 4Q Rev +32%, 2012 +25%

The Washington Post Co. reported fourth quarter and full-year 2012 financial results. Revenue for its Post-Newsweek television broadcasting division increased 25% to $399.7 million in 2012, from $319.2 million in 2011; for the fourth quarter of 2012, revenue increased 32% to $116.2 million, from $88.3 million in 2011.Continue Reading

TVNewsCheck: Gray Revenue Sets 4Q, Full-Year Records

Gray Television Inc. announced results from operations that included record fourth quarter revenue of $126.6 million, topping the previous fourth quarter record of $114.6 million set in 2010. Full year revenue in 2012 was also a record — $404.8 million; the previous full year record was $346.1 million set in 2010.Continue Reading

TVNewsCheck: CBS TV Stations’ 4Q Revenue Climbs 17%

CBS Corp. reported results for the fourth quarter and full year ended Dec. 31, 2012, that included Local Broadcasting revenues (which includes CBS Radio) of $787 million, up 9% from $721 million for the same prior-year period, reflecting higher political advertising and retransmission revenues. CBS Television Stations revenues increased 17%, while CBS Radio revenues were up 1%.Continue Reading

TVNewsCheck: Media General Bets Big on TV, Mobile, Online

Recently named CEO George Mahoney got to announce strong 4Q and full year financial results for the pure play that shed its newspaper holdings. He explains why, even taking out last year's political windfall, those results bode well for the company's future performance. He also discusses his stations' growing emphasis on locally produced programming, its two-pronged mobile strategy, digital marketing services and a surge in retransmission consent revenue.Continue Reading

TVNewsCheck: Belo Rev. Up 14% In 4Q, 10% For Full Year

Belo Corp. today reported fourth quarter and full year 2012 financial results that included 4Q revenue of $205 million, which was $25 million, or 14%, higher than the fourth quarter of 2011.Continue Reading

TVNewsCheck: Nexstar Buying KSEE Fresno for $26.5M

Nexstar Broadcasting Inc. announced Wednesday that it is buying NBC affiliate KSEE Fresno, Calif. (DMA 55), from Granite Broadcasting Corp. for $26.5 million in a transaction that is expected to be immediately accretive to Nexstar.Continue Reading

TVNewsCheck: Station Trading Roundup: 5 Deals, $5.711M

The sale of Capital Broadcasting’s KSKJ-CD Van Nuys, Calif., to NRJ TV for $5.7 million tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Kelsey.Continue Reading

TVNewsCheck: Sinclair 4Q Rev Up 59%, Year's Up 42%

Sinclair Broadcast Group today reported net broadcast revenues from continuing operations rose 58.8% year-over-year to $287.1 million in the fourth quarter of 2012 and were up 42.1% year-over-year to $920.6 million for all of 2012.Continue Reading

TVNewsCheck: Meredith Increases Quarterly Dividend 6.5%

The Meredith Corp. board of directors yesterday increased its regular quarterly dividend 6.5% to $0.4075 per share, or $1.63 on an annual basis. The new quarterly dividend will be payable on March 15 to shareholders of record on Feb. 28.Continue Reading

TVNewsCheck: Gannett 4Q TV Revenue Soars 46%

Gannett Co. today reported strong fourth quarter financial results that included total television revenues that were 45.7% higher and totaled $280.2 million compared to $192.4 million in the previous fourth quarter.Continue Reading

News Release: Media General Reports Fourth-Quarter 2012 Results

Media General, Inc. (NYSE: MEG), a broadcast television and digital media company, today reported fourth-quarter 2012 operating income of $42.3 million, more than 2.5 times greater than fourth-quarter 2011 operating income of $16.3 million. Net income in the fourth quarter was $17.6 million, or 62 cents per share, compared with a net loss of $3.3 million, or 15 cents per share, in the prior year.Continue Reading

TVNewscheck: Fox Stations, Weigel Launching Movies!

Fox Television Stations, in conjunction with Weigel Broadcasting, will premiere Movies!, a new over the air, 24-hour movie network on suchannels of 17 Fox O&O this spring.Continue Reading

TVNewsCheck: Dispatch Names Fiorile CEO, Gallo COO

Michael J. Fiorile, president of The Dispatch Printing Co., was promoted to CEO and Joseph Y. Gallo, the company’s EVP, was named COO at the annual meeting on Jan. 22. The promotions were made by the company's board of directors.Continue Reading

TVNewsCheck: Nexstar Institutes Quarterly Cash Dividend

Nexstar Broadcasting Group announced today that it has authorized the initiation of a regular quarterly cash dividend of $0.12 per share of its Class A and Class B common stock. The first dividend is payable on Friday, March 1, to shareholders of record on Friday, Feb. 15.Continue Reading

TVNewsCheck: Meredith’s Local Media Revenue Up 32%

Meredith Corp.'s Local Media Group — which consists of local television affiliates and a video content creation unit that produces national broadcast and custom programming — delivered what the company called “record performance during the second quarter and first half of fiscal 2013.”Continue Reading

TVNewsCheck: WSFA Goes IP For Its Capitol Connection

When Collin Gaston signed on as general manager of Raycom Media's WSFA Montgomery, Ala. (DMA 118), nearly two years ago, he had big plans to shake-up its newscasts and bring viewers into the heart of downtown Montgomery.Continue Reading

Los Angeles Times: New Tribune CEO Peter Liguori Sees Opportunity to Grow

In its first board of directors meeting since emerging from a protracted bankruptcy, Tribune Co. named investor Bruce Karsh as chairman and veteran entertainment executive Peter Liguori as chief executive.Continue Reading

TVNewsCheck: Station Trading Roundup: 6 Deals, $77.7M

The sale of ABC affiliate WHAM, N.Y., for $60 million tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Kelsey.Continue Reading

TVNewsCheck: Gannett Stations Clean Up Their Graphics

KSDK St. Louis today will become the fifth Gannett station to start airing a new graphics package designed to give its newscasts a cleaner look while boosting editorial content.Continue Reading

TVNewsCheck: Emily Barr Joins NAB Television Board

The head of Post-Newsweek Stations is named to fill the slot held by her predecessor Alan Frank.Continue Reading

MediaPost: McDermott Named CEO, New Young Broadcasting

New Young Broadcasting Holding Co. named Deborah McDermott CEO. She retains her position and title of president, which she has held since 2004. Continue Reading

MediaPost: CBS Sells Out Super Bowl: $4M Per Spot

Outside the game, CBS Corp. plans all sorts of coverage leading up to kickoff, with CBS Sports Network offering days of pre-game coverage and “CBS Evening News,” “The Talk” and “Face the Nation” broadcasting from Super Bowl city New Orleans.Continue Reading

MediaPost: CBS Launches Second-Screen App

CBS Connect provides a single home for social-media conversation about CBS shows across multiple dayparts, allowing viewers to interact with one another and includes tweets from talent.Continue Reading

TVNewsCheck: Heinen Seeks Investors, New Station Group

New Vision veterans John Heinen, Eric Simontis, Steve Spendlove and Dennis Elkin have formed Alchemedia and are talking with private equity firms and hedge funds. They hope to begin buying stations in large and medium-size markets in the near future.Continue Reading

Reuters: Tribune, Out of Chapter 11, Set to Begin Makeover as TV Company

Tribune Co, which started by publishing the Chicago Tribune on a hand press in 1847, sees a future in broadcastingContinue Reading

TVNewsCheck: Katz Television Group Intros New Division

The new Ad Sales Operations team is designed to streamline TV sales and support new business development across the three Katz companies: Continental Television Sales, Eagle Television Sales and Millennium Sales & MarketingContinue Reading

TVNewsCheck: Digital Overshadows TV's Big Year At Gannett

The pitch from President-CEO Gracia Martore at the UBS Global Media and Communications conference was overwhelmingly about digital media moves.Continue Reading

TVNewsCheck: Media General Thriving In Its Post-Paper Era

Media General is a stronger, more focused media company after offloading its newspaper business earlier this year, according to executives speaking at the UBS Global Media and Communications conference in New York today.Continue Reading

Multichannel News: UBS Global Media Conference: Moonves Says CBS Primed for New Content Economy

Content Is king, says 'Eternal Optimist' and so is CBS.Continue Reading

TVNewsCheck: LIN Sees Digital Media As Key To Its Future

LIN Media is keeping the digital future squarely in its sites, with porting its content to all platforms one of the company’s prime goals for the near future.Continue Reading

TVNewsCheck: Scripps Bets People Will Pay For Content

Plenty of TV stations and newspapers have apps to deliver content to smartphones, tablets and other devices, but many are free as the content owners bank on selling ads as their business model. E.W. Scripps Co., however, is moving to make consumers pay for the apps needed to access content from its stations and newspapers.Continue Reading

NetNewsCheck: Belo Bullish On Double-Digit Digital Growth

Belo Corp. sees at least several more years of double-digit growth ahead led by digital advertising services and mobile and video prospects, the company’s VP of digital said.Continue Reading

TVNewsCheck: LIN Launches Mobile Marketing Company

Kevin Wassong will be CEO of LIN Mobile, designed to deliver “targeted and localized media across all dominant mobile devices.”Continue Reading

TVNewsCheck: Scripps Same-Station Rev Rises 41% In 3Q

The E.W. Scripps Co. reported that revenue from the company’s television stations in the third quarter was $125 million, compared to $70 million in the third quarter of 2011. Continue Reading

 
 
 

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