Industry News
Articles and announcements about the broadcast industry.

12/14/2020
Almost 40% of Americans plan to spend less on gifts this holiday season than they did last year, the largest such percentage since 2013, according to the CNBC Survey. The average American plans to spend just $886, down 10% from their planned spending last year.
12/14/2020
Ben Van Ness, the current general sales manager will become vice president and general manager for WGEM-TV, radio and interactive in Quincy.
12/11/2020
Experian Automotive reported that in Q1 of 2020 30.19% of all new-model deliveries were connected to a lease. In Q2 leasing softened to 25.81%. The leasing industry generated a bit of a rebound during Q3 coming in at 26.2% of new-vehicle financing.
12/11/2020
Homeowners with mortgages, representing about 63% of all properties, have seen their equity increase by 10.8%, according to CoreLogic. That equates to a collective $1 trillion in gained equity, or an average $17,000 per homeowner, the largest equity gain in more than six years.
12/11/2020
U.S. consumers migrated to online retail in the face of COVID-19 for their holiday shopping this year. Overall, visitation to retail websites during the week of Thanksgiving was up 22% vs. the same week in 2019, according to Comscore.
12/11/2020
KELO, Sioux Falls, S.D., will give $200,000 in airtime to 15 nonprofit organizations in 2021.
12/10/2020
NBCU expanded its available digital inventory, addressable products and advanced targeting by scaling NBC Spot On across One Platform, providing local marketers with what it calls “unparalleled reach, premium content and audience targeting capabilities.”
12/10/2020
Five Detroit stations, WXYZ, WDIV, WWJ, WJBK and NextGen TV host station WMYD, are now offering the NextGen TV service through a collaborative effort which insures that current OTA broadcasts also remain available to viewers.
12/10/2020
Comscore and Tegna have renewed their measurement renewal agreement. Tegna will expand its local TV and digital measurement partnership to include 22 markets, with Comscore’s local TV currency serving as its exclusive selling and posting currency in 18 markets.
12/10/2020
According to Sensormatic Solutions Super Saturday, the last Saturday before Christmas, is still expected to be the second-busiest day of the holiday season, but it won’t be as big as previous years. Shipping delays and unique traffic patterns will see consumers shifting how they shop the week before Christmas.
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