Amazon is in talks to join Sinclair Broadcast Group in a deal to buy the 21 Fox regional sports TV networks that are being auctioned off by Disney. Sinclair is looking for Amazon’s backing as it preps a roughly $9 billion, all-cash offer for the so-called RSNs, sources say.
Barely three months into his tenure, Renault SA Chairman Jean-Dominique Senard plans to propose merging the French carmaker with alliance partner Nissan Motor Co.under a holding-company framework, according to people familiar with the matter. Each company would own about a 50 percent stake in the holding company and have equal board representation.
After losing one of its founding members, WarnerMedia’s Turner group, the TV network advertising consortium OpenAP said it has expanded its advanced advertising efforts, starting a centralized premium video marketplace called OpenAP 2.0.
In a rare cross-industry exercise to plan for how some burgeoning new technologies — 5G and ATSC 3.0 — might impact the advertising and media industry, a consortium backed by Fox today will release a white paper summing up a variety of scenarios to help advertisers, agencies and media suppliers prepare for the future.
The move has been expected for months, although there may still be obstacles on the road to a reunion for the two sides of the Redstone media empire.
She will oversee marketing, publicity and communications at the broadcast network and Disney’s various TV studios.
Broadcasters have told the FCC not to pay attention to the tech companies seeking to harpoon the great white (spaces) whale by preventing broadcasters from using vacant channels to help in the transition to next-gen ATSC 3.0 TV transmissions. That came in a call this week between NAB execs and officials at the FCC’s Media Bureau and Incentive Auction Task Force.
Sony reported an 87.9 billion yen ($787 million) January-March profit Friday, a reversal from the 13.3 billion yen loss racked up the previous year. Quarterly sales totaled 2.1 trillion yen ($19 billion), up 9% from 1.9 trillion yen.
Change is ever-present in business, it can be difficult, and people often resist it. However, leaders must learn how their employees perceive change so they can develop an agile workplace culture.
Now, nearly a year after the Supreme Court cleared the way for any state to choose whether to take wagers, professional sports leagues have completely changed their tune to embrace the private deals offered via legalized sports gambling, both in young markets and prospective ones.
The winners of the annual awards for exceptional professional journalism will be honored at an awards banquet June 21 at the National Press Club in Washington. Entries included submissions from television and radio broadcasts, newspapers, online news outlets and magazines. The TV station winners included KPRC, WDIO, KARE, WVUE, WTHR, KCCI, KDVR, WVUE, KNTV and WVUE.
CNN’s Rajin Persaud, CBS Interactive’s Christy Tanner, Newsy’s Blake Sabatinelli and Fox News Channel’s John Fiedler comprise the “Creating the Right News Content Nationally” panel at TVNewsCheck’s OTT News Summit on June 11.
There are three new jobs posted to TVNewsCheck’s MediaJobCenter for a COO/VP in San Francisco, an account executive in Des Moines, Iowa, and a general manager for two Fox stations in Panama City, Fla., and Dothan, Ala.