Sook: CW To Change Virtual MVPD Rights Model

Nexstar CEO Perry Sook: “We, as the owner of The CW, are constructing a new affiliation agreement template that is going to allow affiliates to opt out of The CW deal with the virtual MVPD and cut their own deal.

Gray Expands the Roles of Matt Jaquint and Mike King

Gray’s Chief Operating Officer Sandy Breland said, “Matt and Mike have proven records of success. The company will benefit from their expanded roles as we leverage their areas of expertise to help guide our local teams to greater success serving local audiences and businesses.”

Tanya Black Named WJZ Baltimore VP-News Director

Tanya Black, longtime news executive at CBS Stations-owned WJZ Baltimore, was named vice president and news director, overseeing news at the station, the CBS News Baltimore streaming channel and CBSBaltimore.com.

Shoppers Take Frugal Turn as Inflation Persists

“A consumer slowdown is underway,” said Neil Saunders, managing director of analytics company GlobalData. “Growth is a lot more sluggish than it has been for quite some time. Retailers are reporting stark changes in consumer behavior.”

Tegna: Standard General Deal Has Been Terminated

After more than a year of trying to get the deal done, Tegna’s merger agreement with Standard General has been terminated. As of May 22, the deadline for Standard General’s financing of the deal has passed. Tegna is eligible to collect a $136 million breakup fee.

Linear TV Holds Its Ground in Buyer Poll

Agency and brand marketers reveal linear TV has held its ground within their media strategies, accounting for 56% in 2023 after 55% last year, according to a survey by programmatic targeting service Proximic by Comscore.

Biden Nominates Anna Gomez to Open FCC Slot

“With Next Gen TV launching around the country, Ms. Gomez can bring her demonstrated ability to work with industry, manufacturers and consumers to help ensure a smooth and expeditious transition for millions of Americans,” NAB President and CEO Curtis LeGeyt said.

Sandy Breland Named Gray’s Chief Operating Officer

The veteran station group journalist and executive is tapped to succeed Bob Smith. Executive Chairman Hilton Howell said: “She is the natural choice to lead Gray’s unique portfolio of leading television stations.”