On Friday, stocks ended a turbulent week with the biggest gains of the year. The strong finish marked a reversal for the indexes, which had all been in the red earlier in the day. The Nasdaq managed the biggest about-face, recovering from a 0.9% deficit. Friday was only the latest in a string of sudden moves up and down this week.
U.S. podcast advertising spend jumped 21% in 2021, to reach nearly $590 million, according to new data from MediaRadar. Spending rose by 46% year-over-year in 2Q, and 31% YoY in 3Q. Vertical categories showing double-digit growth in spend included tech, media and finance. The top 10 categories accounted for 83% of total podcast spend for the year:
Longtime Wall Street analyst Alexia Quadrani is moving across the aisle to lead investor relations for Disney. Quadrani served as managing director and senior analyst for U.S. Media Equity Research at J.P. Morgan for the past 14 years. Her official title will be senior vice president and she will report to Disney CFO Christine McCarthy.
The veteran of the CBS Detroit duopoly is the first executive appointed to work on the creation of CBS News and Stations’ local news startup, CBS News Detroit, a full-scale, hyper-local news department that is being built from scratch and will launch later this year.
He will succeed Jon Steinberg who is leaving the company this spring. Also, Kristin Malaspina becomes general manager of Cheddar News.
TVNewsCheck's Michael Depp and Paige Albiniak look at the M&A prospects possible in 2022 with the FCC’s 39% ownership cap still in place and where things stand on a potential Tegna sale.
The Senate Antitrust Subcommittee has scheduled a hearing next week titled “Breaking the News — Journalism, Competition and the Effects of Market Power on a Free Press.” The Feb. 2 hearing is likely to include some focus on a proposed Senate bill, the Journalism Competition and Preservation Act, which would grant publishers immunity from federal and state antitrust laws for 48 months while they bargain collectively with digital platforms.
Have you just been promoted, or likely to be soon? You might be surprised to suddenly feel like you’re not capable of handling the move. But a very specific set of steps can relieve the feeling that you’re faking it when you step into a higher position.
A project from Twitter and Social News Desk lets newsrooms upload up to six images and videos into a single tweet, and some are already using it to offer more expansive winter weather coverage on the platform.
It will pay $0.90 per share of its Class A common stock beginning with the dividend declared for the first quarter of 2022.
Discovery Inc. was by far the most prolific commissioner of TV shows last year and it extended the lead it established in 2020. According to research from Ampere Analysis, Discovery commissioned 556 first-run TV titles in 2021, 153 more than second-place ViacomCBS with 406. Netflix came in third with 403 followed by Disney, the BBC and Comcast with 387, 373, and 353 first-run shows, respectively. Discovery could likely extend its lead again this year if the company closes its merger with WarnerMedia and adds HBO and Turner to its portfolio.
The National Academy of Television Arts & Sciences (NATAS) has announced the recipients of the 73rd Annual Technology & Engineering Emmy Awards. The ceremony will take place April 25 at the Wynn Encore Ballroom in Las Vegas during the NAB Show (April 23-27).
Democratic FCC nominee Gigi Sohn has promised that, if confirmed to the commission's open seat, she will recuse herself from decisions where retransmission consent or TV broadcast copyright are material issues. That came in a letter to acting FCC General Counsel Michelle Ellison Thursday (Jan. 27).
Dish Network tonight could lose 12 stations in seven markets due to a carriage dispute with their owner, Morgan Murphy Media.
The tech giant reported a total of $123.9 billion in revenue, while Wall Street analysts expected the Tim Cook–led company to make $118.3 billion.
There was record viewership for the last-second victories in each of the 2022 NFC and AFC Divisional Round games. Thus, the interest in this year’s Super Bowl game may be unprecedented and advertisers may want to take advantage. It's important to review some guidelines about engaging in or accepting advertising or promotions that directly or indirectly reference the Super Bowl without a license from the NFL.
Beneath all the ideological noise is a simple business truth — pay TV is less and less able to support niche channels across the political dial.
New jobs posted to TVNewsCheck’s Media Job Center include openings for a primary news anchor, a weekday evening anchor, a weekend morning anchor/reporter/MMJ, and a reporter/MMJ.
Leaders from Tegna, Graham Media Group and Social News Desk will share pragmatic ideas for building and retaining audience across linear and digital platforms in a TVNewsCheck webinar on Feb. 11. Register here.