NFL Keeps Embracing Betting, Allows Stadium Sportsbooks To Operate on Game Day
Legal sports betting has expanded at a rapid rate and the NFL has jumped in with both feet. The league will now allow its fans to make bets on games inside its stadiums, and not just on their phones.
Pap, Smith Added To Gray TV’s C-Suite
A pair of Assistant Vice Presidents have been added to the corporate ranks at Gray Television unit Gray Media Group, effective April 1.
2023 National TV Ad Spending Projected to Sink 4.4%
“Our 2023 forecast assumes that the scatter market, in which advertising is sold on a real-time basis, remains choppy until the start of the 2023/2024 TV season,” writes Naveen Sarma, credit analyst, S&P Global Ratings.
It’s Reach, Not Ratings, That Will Determine TV Advertising’s Future
American consumers may be spending more time on digital content, but no digital channel or property delivers anything close to the daily reach of TV, nor the impact of sight, sound and motion.
Online NC Sports Betting Bill Passes House
Online NC sports betting legislation took a giant leap forward as the North Carolina House, which killed online sports betting legislation last year, voted in favor of HB 347. Legislation now heads to the Senate, which passed a similar bill last session.
Retail Sales to Rise 4% To 6% This Year
“While it is still too early to know the full effects of the banking industry turmoil, consumer spending is looking quite good for the first quarter of 2023,” NRF chief economist Jack Kleinhenz said.
How To Transact on Alternative Currencies in TV Upfront
Media companies, agencies and measurement providers have made major progress toward the multi-currency future, but inputting new data into systems is slower business.
The NEXTGEN TV Caravan Swings Through Iowa
Three of the “Big Four” TV affiliates, plus the PBS Member station, serving Iowa’s capital city are now offering ATSC 3.0-powered NEXTGEN TV broadcasts to locals.
NBCU California Stations Offer MLB Special on FAST Channels
It will offer season previews for the Los Angeles Dodgers, San Diego Padres and San Francisco Giants, including news, analysis, reporting and interviews.
Tech-heavy San Francisco Market Gets NextGen TV Broadcasts
The advanced digital broadcasting services on ATSC 3.0 will help keep local broadcasting strong, while providing new, high value services to people, businesses, and public agencies — without any compromises to TV service.
Sports Betting Proponents Face Key Deadlines
This is a big week for two hopeful states that have battled and lost on legalizing sports betting in the past few years. Both Georgia and Kentucky will see their legislative sessions end this week.
Are Issue Ads by Non-candidate Groups Entitled to Lowest Unit Rates Just Because a Candidate Approves the Ad? The FCC Is Asked for Its Opinion
This confusing hodgepodge of regulations on state and local candidates has made it difficult for broadcasters and the FCC to determine who is entitled to LUR during the pre-election periods.
Why There May Be No Return to ‘Normal’ for the U.S. Used Vehicle Market
The prices are trending higher, and the index is heading back toward a record of 257.7 basis points set at the start of 2022.
Dealership Count Up, Throughput Falls in ‘22
The Automotive News annual dealer census finds that the number of U.S. franchised dealerships rose in 2022, after two years of declines, while new-vehicle sales per franchise dropped amid slower sales.
Kia Sales Chief: Uncertainty Will Keep Industry in Check
The auto industry is in recovery, but vehicle inventories and retail sales will remain at modest levels throughout the year, according to Eric Watson, vice president of sales operations for Kia America.
Fox Names Diana Ruiz Head of Experiences and Design
Ruiz will lead Fox’s global events team while working cross-functionally across their portfolio of businesses.
NBCU Adds Jennifer Barendrecht as SVP, National Offices
In this role, Barendrecht will be responsible for leading NBCUniversal’s One Platform sales efforts across the company’s national offices.
Automated Local TV Ad Sales Finally on Near Horizon
The result should be that local broadcasters will be far more competitive with their digital compatriots when it comes to buying and selling ads on local linear and digital platforms.
Magna: Big Growth Ahead for Fast, AVOD
Overall, Magna sees total media revenue growth to be 3.4% in 2023, including cyclical spending on the elections and sporting events like the Olympics and World Cup.
With ‘Fast’ Channels Rising, Ad Dollars Await
According to Horowitz’s latest study, the free services consumers in the survey are using most are NBCUniversal’s Peacock, FOX’s Tubi, Paramount Global’s Pluto, and Alphabet-owned YouTube.