Tech company gains helped push the S&P 500 to a record high on Friday. The index rose 0.8% for its fourth record high this week and third straight weekly gain.
CLOSING BELL
The long-time executive will oversee day-to-day administrative and operational functions of the manufacturer and supplier of DTV transmitters, encoding systems and associated field services.
TVNewsCheck's Michael Depp and Janet Stilson discuss sports betting's meteoric rise in spot TV, what's accelerating the trend and the patterns it's tending to follow in DMAs following its legalization. Read Stilson’s story on the subject here.
BRAND CONNECTIONS
LPTV station group ARK Multicasting has asked the FCC to consider the benefits of datacasting via over-the-air broadcasting when doling out funds for the Emergency Connectivity Fund for educational devices and connections.
Exclusives
The media industry’s go-to authority for measuring audiences acknowledged on Friday that the recent coronavirus pandemic bent its yardstick, but maintained nothing is broken. Nielsen, under fire from the TV networks that depend on it to count the audiences for which advertisers pay, says pandemic conditions resulted in a smaller panel of consumers it relies on to monitor TV viewing, but believes the trends it chronicles during 2020 remain viable.
Jeff Bartlett, WMUR Manchester, N.H., president and general manager, will retire this summer. His successor will be announced at a later date. Bartlett, a news director in several major markets before his first GM job, ran the Hearst TV station for two decades.
CBS News veteran Kim Godwin is expected to become the next president of ABC News, a move that would make her the first Black executive to lead a broadcast-network news division in the U.S. Godwin has had an offer from Disney’s ABC for several weeks, according to a person familiar with the matter, but only in the last few days did CBS CEO George Cheeks agree to let the executive out of her contract.
The Video Advertising Bureau claims "systematic under-counting" as Nielsen lost 20% of its panelists it uses to measure TV usage during the pandemic.
News Corp. plans to raise $1 billion selling bonds amid a buying spree — up from previous plans to raise $750 million. The publisher of the Wall Street Journal and the New York Post, which recently posted its most profitable quarter since 2013, said it will use the proceeds of private placement senior bond offering for “general corporate purposes, which may include acquisitions and working capital.”
Leon Black’s surprise exit from the helm of Apollo Global Management last month came just days after several directors on the private-equity giant’s board learned of accusations of sexual harassment against him by a woman he claimed was trying to shake him down over a “consensual affair.”
Q&A WITH BRANDY ZADROZNY
NBC News’ Brandy Zadrozny On Documenting The ‘Depressing’ Internet
“Suddenly, the stupid stuff on the internet, the scary stuff on the internet, became just so mainstream and important. And that totally should not be.”
DAZN, the online sports service that this year snatched the rights to screen Italy's top-flight soccer league from Sky, is considering the possibility of going public as it chases further growth, its joint chief executive says.
OAN Plus, the over-the-top news channel from Herring Networks, is launching on a digital subchannel of OTA (over-the-air) distributor independent KPVM-TV Las Vegas. OAN Plus is a fee ad-supported spin-off of the national cable news network and will now add 2.7 million over-the-air homes via the TV station.
ABC’s newly announced "race and culture" team is an ambitious experiment in collaboration and a significant commitment of resources: a dedicated “multi-skilled journalist” embedded in each of ABC’s eight owned-station newsrooms, three executive producers and two senior executives.
The Netflix historical drama landed on Nielsen's Top 10 streaming programs list for the first time in weeks.
TVN WORKING LUNCH WEBINAR
April Ryan To Join Black-Owned Media Matters Webinar
The veteran television journalist will interview Byron Allen, owner of The Weather Channel, Entertainment Studios and Allen Media Group, about his progress at convincing major marketers to devote 2% of their annual advertising spend on Black-owned media. Allen’s efforts have convinced General Motors to commit to a long-term advertising investment and Verizon announced it is planning to partner with Allen in a summit in May. To join the webinar, register here.
SPONSORED BY THE WEATHER COMPANY
TVN webinar to explore how broadcasters can diversify digital revenue streams
Station groups can capitalize on shifts in the mobile advertising landscape by building in a subscription revenue stream, according to executives from The Weather Company, who will appear on a TVNewsCheck webinar on April 27 at 3 p.m. ET. The event will examine how the Max Mobile white label app that many broadcasters offer their followers can use artificial intelligence to invite, at just the right time based on user behavior, an upgrade to premium. Join us by registering here.
TVN’S MEDIA JOBS
Technical Services Engineer Opening, Work Remotely
New jobs posted to TVNewsCheck’s Media Job Center include an opening for a technical services engineer for Florical Systems. This is a remote position that can be done from anywhere.
TVN’S MEDIA JOBS
News, Digital Sales And Graphic Design Openings
New TV jobs posted to TVNewsCheck’s Media Job Center include openings for an Executive Producer, a digital sales coordinator and a graphics design manager for stations owned by Hearst, Gray and Nexstar.
