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Stocks faded Monday and finished lower as tech companies fell again. Along with technology companies, health care and energy stocks and retailers also fell as the companies that have led the U.S. market higher this year continued to struggle.
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TV advertisements for drugs made by major U.S. companies will soon direct patients to information about the potential price of medicines, a pharmaceutical industry lobbying group said on Monday.
In March 2017, DTV Utah began plans on repacking six of its eight stations that were required to change frequencies as a result of the spectrum auction. DTV Utah is a television transmitter site located in the Oquirrh Mountains above Salt Lake City and was the location of a complex, channel repack project involving nine UHF television stations, with eight of the transmitters combined into a community antenna.
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The sales veteran will oversee Sinclair’s CW-MNT affiliate. He’s familiar with the market as he previously worked at WISN.
NBCUniversal said it would rejigger the executive team overseeing its advertising sales, elevating two executives and parting ways with two others as traditional media sellers grapple with new demands from a Madison Avenue increasingly focused on buying broader packages of commercial time across many different outlets. Laura Molen and Mark Marshall were each named a president of NBCU’s ad sales division.
The feds are getting ready to come knocking. On Oct. 10, the Association of National Advertising sent a letter to its members sharing that the Federal Bureau of Investigation had contacted the ANA’s outside counsel Reed Smith LLP about assisting with its investigation into U.S. media buying practices. The ANA’s letter, signed by ANA CEO Bob Liodice, suggested next steps its members can take such as consulting with Reed Smith. Here’s what it’s all about.
The CW’s first Sunday-night programming in 10 years puts up decent numbers opposite the highest-rated Sunday Night Football in more than year, with Charmed performing solidly behind Supergirl.
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Fox Television Stations is TVNewsCheck’s Station Group of the Year for 2018. Among the Big Four networks, Fox stands alone. It has a vision for its network and owned stations that goes beyond just doing more of the same. Increased live programming and more stations are central. Tomorrow, in part 2 of this special report, we’ll profile CEO Jack Abernethy, who’s leading the station group as it, along with the Fox broadcast network, becomes the centerpiece of the Murdochs’ TV holdings after they sell off most of their Hollywood, regional sports, national cable entertainment and international assets to Disney. And on Wednesday, we spotlight the general managers who lead the group’s 28 stations in 17 markets.
Standard Media Index and Nielsen establish a relationship to fuel SMI’s AccuTV with Nielsen Ad Intel data.
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CBS Corp. sought to turn the page on a tumultuous stretch when it said last month that Leslie Moonves was stepping down as chairman and chief executive amid sexual-harassment accusations and that the media company was settling litigation with its controlling shareholder. The Wall Street Journal reports that the broadcaster’s upheaval leaves two open board seats, potentially making a merger more likely. Journal subscribers can read the full story here.
Walt Disney has offered concessions in an attempt to allay EU antitrust concerns over its $71.3 billion bid for 21st Century Fox’s entertainment assets, the European Commission said on Monday. Disney submitted its proposal on Friday, according to a filing on the EU competition enforcer’s website which however did not provide details.
The company has achieved formidable reach by focussing on small markets where its TV stations can have a big influence. It’s unclear whether Sinclair is attempting to influence the politics of its viewers or simply appealing to positions that viewers may already have — or both. Sinclair’s stations – there are often several in the same broadcast area, branded as local ABC, CBS, NBC, or Fox affiliates – enjoy the trust of viewers because they appear independent, even though much of the content is dictated at a national level
The recent murders of journalists around the world are the consequence of the clash between a 21st century technological revolution, which has made it possible to obtain and spread information in new ways, and a 21st century offshore banking revolution, which has made it possible to steal money in new ways, to hide it in new ways and to use it to maintain power. Often, it is journalists, especially investigative journalists, who are caught in the fault lines between them.
The FCC has agreed to modify the Atlanta designated market area to allow four Atlanta stations to be imported into Hart County, Ga. Hart is a previously “orphan” county that, because it was in a South Carolina Nielsen market (Greenville-Spartanburg-Asheville-Anderson), got network affiliates from that state rather than Georgia.
Fox Block bonus content will include entertainment sneak-peeks and shorts as well as Fox Sports wraps and talent. Two-Ad JAZ Pods are designed to bring brands closer to content.
Robert Pitofsky, a scholar of antitrust law who as chairman of the Federal Trade Commission was credited with energizing the agency dubbed the “little old lady of Pennsylvania Avenue” with his forceful yet measured approach to competition and consumer protection, died Oct. 6. The agency under Pitofsky played a high-profile role in the merger of Time Warner and Turner Broadcasting in 1997, and of AOL and Time Warner in 2000. The latter deal was, at the time, the largest merger in U.S. history.
