Stocks posted a strong finish Friday as optimism over trade talks grew. The rally marked a turnaround from a day earlier, when disappointing holiday sales data led to a modest sell-off. Friday’s gains helped push the benchmark S&P 500 index to its third-consecutive weekly gain.
Apollo Global Management will get a majority interest in Cox Media Group’s 13 television stations. Cox Enterprises will maintain a minority stake and will join Apollo in forming a new company to operate these stations, which will be headquartered in Atlanta.
Marketers spent a total of $75.8 billion over the first three quarters of 2018 — the most ever on record.
The company has brought on former Warner Horizon Television exec Lisa Roos as its new SVP of drama development. NBC also promoted programming exec Deepak Jesrani to SVP of drama development and elevated Mike Nunes to SVP of current programming.
There is no “free time” in the typical newsroom today. Adding new activities without eliminating other tasks is a surefire way to sabotage a promising innovation. It’s also intellectually dishonest. When push comes to shove, the new and extra lose out to the demands of the day and the urgency of the now. That’s why smart managers start their innovation process by brainstorming a “Stop Doing” list before they generate a “Start Doing” list. They create capacity for innovation first.
FCC Commissioner Michael O’Rielly has hired Joel Miller as his chief of staff. He succeeds Brooke Erickson who left the FCC for the private sector. Miller has been deputy chief of staff and legislative director for Rep. Brett Guthrie (R-Ky.), working on communications for the congressman, who is a member of the House Energy & Commerce Committee, which oversees communications issues.
Grey’s Anatomy fell to a series low among adults 18-49 Thursday as Valentine’s Day led to lower TV usage overall on the broadcast networks. But since The Big Bang Theory and Young Sheldon took the night off on CBS, Grey’s still ended up leading the 18-49 demo in primetime.
Sooner than you think. But AT&T, which owns HBO, TNT and CNN, says they won’t be taking your bets.
TVNewsCheck‘s quarterly quick briefing on the legal and regulatory proceedings affecting broadcasters from communications attorneys David Oxenford and David O’Connor. The topics: ATSC 3.0, Auxiliary Facilities, CALM Act/Loud Commercials, Children’s Programming, Closed Captioning, Contests, Copyright Infringement, Drones/UAS, EAS, EEO Rules, FCC Commissioners, FCC Shutdown, Foreign Ownership/And Investment, Incentive Auction/Repacking, Indecency, JSAs/SSAs, License Renewals, LPTVs/Translators, Main Studio Rule, Market Modifications, Modernizing Media Regulation Inquiry, OTT, Network Nonduplication/Syndicated Exclusivity, Ownership Limits, Ownership Reporting, Political Broadcasting, Public Inspection File, Regulatory Fees, Retransmission Consent/STELAR, Sponsorship Identification, TCPA, Tower/Antenna Issues, UHF Discount, Video Description, White Spaces
A more diverse workforce presents both opportunities and challenges, particularly around acceptable workplace behavior. Critically assessing where you are will result in better content and a more profitable bottom line.
CBS is prepared to “do what is necessary” to hang on to its NFL rights. That was the message sent by CBS acting CEO Joe Ianniello and CBS Sports chief Sean McManus Thursday during CBS’ fourth-quarter earnings call. Ianniello also emphasized the growth in CBS’s direct-to-consumer platforms — CBS All Access and the standalone Showtime app — that has paced ahead of projections the company made in 2016.
The increase to $561 million was driven by growth in retransmission revenues and higher advertising revenues, reflecting increased political advertising sales associated with the U.S. midterm elections.
NBC, MSNBC and Telemundo will air the first Democratic primary debate in June, and CNN will show the second event in July, the Democratic National Committee announced on Thursday.
Mike Nelson succeeds Joseph Dorrego as CFO of Fox television Stations, while Dorrego becomes chief investor relations officer and EVP of corporate initiatives at the new Fox Corp.
For years, everyone in the industry loved to debate which of Murdoch’s three adult children from his second marriage — James, Lachlan, or Elisabeth — would ultimately assume the throne of their father’s vast empire. While the huge Disney sale has put to bed that question for a simple reason — instead of a globe-girdling empire, the Murdoch heirs are about to inherit a war chest — it also raises a new one: What will they do with all that money?
The Federal Trade Commission and Facebook are negotiating over a multi-billion dollar fine that would settle the agency’s investigation into the social media giant’s privacy practices, according to two people familiar with the probe. The fine would be the largest the agency has ever imposed on a technology company, but the two sides have not yet agreed on an exact amount.
Chicago police Superintendent Eddie Johnson contacted at least one Chicago news outlet to say investigators have no evidence to support their reporting that the attack against Empire actor Jussie Smollett was a hoax. The spokesman added that Johnson said the “supposed CPD sources are uninformed and inaccurate.”
Brightcove and Ooyala, online video tech rivals that were used to throwing fists, are now joining hands. Brightcove announced a deal to acquire the online video platform business of Ooyala Inc. for about $15 million — $6.25 million in cash and the remainder in Brightcove shares.
Katy Noland, senior R&D technologist at the BBC, has been chosen as one of TVNewsCheck’s 2019 Technology Women to Watch and will be honored during the NAB Show on April 9 in Las Vegas.
Executives from Turner, Oregon Public Broadcasting and Micro Focus will discuss enhancing security with training and organizational structures designed to bridge the gap between engineering and IT in a panel session moderated by TVNewsCheck’s Kathy Haley.