How Local News Is Coming To CTV
Slapping a broadcast signal into an over-the-top stream is generally harder than it sounds. But streaming services need to have local news and sports, too.
NBC Considers Cutting Back Programming Hours in Prime Time
Network has discussed giving 10 p.m. hour to local station partners, a cost-cutting move as interest in broadcast TV wanes
AG Ashley Moody Files Brief to Bring FL Sportsbooks Back
The Seminole Tribe of Florida could have authority to begin legal sports betting in Florida again after a call for appeals from the Biden Administration. Last week, the U.S. Circuit Court of Appeals received a brief looking to change this matter.
GroupM Warns Of Slowdown By ‘Digital Endemic’ Advertisers
Advertising and marketing spending by so-called “digital endemics” — a category of high-intensity advertisers that have been fueling much of the overall advertising industry’s growth — has begun to slow down, according to an analysis released this morning by GroupM’s Business Intelligence team.
Nielsen: ‘Big Data’ Not Ready To Transact
Nielsen, which has been touting that Nielsen One, its new cross-platform measurement system, is on track, quietly informed clients last week that the “big data” on which the platform relies isn’t ready to be used to make transactions, Broadcasting+Cable reports.
62% Of Q2 Borrowers Opt For Used Cars
Sixty-two percent of auto borrowers financed used vehicles
during Q2, up 2 points from Q1 and a 4-point increase from
a year earlier, Experian said yesterday.
Why The TV Industry Says Panels Are “In” Again
Earlier this month, the Video Advertising Bureau (VAB) said it’s building a Nielsen-size panel for cross-platform measurement. The following day, Nielsen revealed the size of its “streaming meter panel” for the first time.
Chris Wilson Leaves as Comscore Sets Executive Changes Under New CEO
Comscore, announcing a series of top-management appointments under new CEO Jon Carpenter, said that Chris Wilson, the company’s chief commercial officer, will be leaving the measurement company.
North America Production is Growing, But Can’t Shake Trend of Underperforming
If projections hold firm, production by the end of the third quarter will come closest to resuming pre-pandemic totals since the semiconductor shortage hit North America manufacturers hard in early 2021.
GOP Set to Spend Big in Ohio Senate Race
From a Republican point of view, the race for Ohio’s Senate seat between Democratic U.S. Rep. Tim Ryan and Republican J.D. Vance just got real, Inside Radio says.
After a Year-Long Dip, American Consumer Spending Power Will Be Back in 2023
After a year-long dip, household cash flow will begin growing again right after Christmas, and accelerate through the new year, according to new research by analysts at Goldman Sachs.
How Inflation Will Affect Holiday Shoppers
U.S. consumers are hopeful this holiday season will feel
somewhat “normal” after two years of pared-back gatherings.
But eMarketer says inflation could rupture that illusion, as
many shoppers plan to cut back, switch to value brands, and
shop even earlier to avoid price hikes.
Nordstrom, Macy’s Cut Sales Forecasts
Both Macy’s and Nordstrom released quarterly earnings better than Wall Street expectations. But they also trimmed their predictions for the remainder of the year, signaling slower sales heading into the holidays.
Restaurant Sales, Traffic Still Dwindling
Macro-economic pressures and a complex consumer landscape continue to afflict the restaurant industry. That’s according to Nation’s Restaurant News, which says sales and traffic growth face difficult laps from 2021’s release of pent-up demand and stimulus.
Massachusetts Sportsbook Timeline: Hire Chief, Approve Rules
All five Massachusetts gaming facilities are stating their readiness to launch sportsbooks.
NAB Applies Positive Pressure on Digital Joint Negotiation Bill
The National Association of Broadcasters was looking to provide some positive reinforcement this week of one particular effort, applauding revisions to the Journalism Competition and Preservation Act, a bill that would strengthen their hand in negotiating compensation for online aggregation of their original content.
New Conservative Group Gets $1.6 Billion Donation To Spend During Midterms and Beyond
The beneficiary is a new conservative nonprofit, The Marble Freedom Trust, captained by Leonard Leo.
NFL Season Still The Mark To Kick Off Kansas Sports Betting
Kansas sports betting regulations need minor changes before they become official.
Large Ad Agency Networks Have Resisted the Economic Downturn—So Far
Top global advertising agency networks have so far defied widespread declines in ad spending that have hurt digital platforms, publishers and broadcasters.
New EV Players Shaking Up U.S. Auto Market
New auto brands and models are bursting onto the EV
market after years of dominance by Tesla, Chevrolet and
Nissan, among the small number of early adopters.