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.
U.S. stocks ended Thursday mostly lower, weighed down by industrials. Facebook and Microsoft both rose after reporting strong earnings. That helped the Nasdaq eke out a small gain.
This fall sees the most national debuts in seven years as Kelly Clarkson and Tamron Hall try to succeed in a challenged landscape.
The return of the Windy City triumvirate gives NBC Wednesday’s biggest total audience and a share of the demographic lead.
Media asset management systems, some of which interact with the cloud and use artificial intelligence to personalize content, are growing in acceptance among TV broadcasters as they add scaled-down functionality, standardization and microservices.
Disney and Comcast are holding talks about working out a deal for Comcast’s 30% stake, according to people familiar with the matter. Comcast is now weighing the pros and cons of doing a deal now rather than later, said these people, who asked not to be named because the discussions are private. It’s still unclear if a deal will transpire.
NBC Responds/Telemundo Responde recover more than $30 million as two more units launch at Telemundo stations in Orlando and El Paso, Texas.
Madison Avenue can’t place ads in NFL TV broadcasts in the off-season – there aren’t any – so it’s doing the next best thing. Disney says ad slots for its coverage of the NFL Draft, slated to air Thursday, Friday and Saturday on both ABC and ESPN, sold out about a week ago.
In a new study conducted by the Institute for the Future, a California-based nonprofit think tank, researchers found more than 80% of journalists admitted to falling for false information online. The data was based on a survey of 1,018 journalists at regional and national publications in the United States.
Telestream says the move will strengthen video testing, monitoring and file-based quality control within its solution portfolio.
Comcast CEO Brian Roberts said the company is “exploring” the launch of a global news channel co-branded with NBC and Sky by the end of 2019. “We look at this as a way to grow our company and power our company for decades to come,” Burke said during a conference call with analysts Thursday.
Lockwood Broadcast Group has appointed John Cochrane the new general manager of WCAV (CBS-Fox)-WVAW-LD (ABC)-WAHU-CD (dark) in Charlottesville, Va. (DMA 183), effective on the close of the stations’ purchase from Gray Television for $25 million, anticipated to be in the second quarter of 2019. Cochrane is currently GM of Lockwood’s WSKY Norfolk-Portsmouth-Newport News, Va. He […]
Tribune Broadcasting’s SVP of marketing and creative services will be honored at the annual Promax Station Summit on June 20.
Comcast beat Wall Street forecasts for first-quarter earnings Thursday, coming in at 77 cents a share, well ahead of the consensus estimate of 68 cents. Revenue rose 18% to $26.9 billion, but fell short of forecasts for $27.3 billion, largely due to comparisons with a 2018 quarter that included the Winter Olympics and the Super Bowl.
Facebook Inc. on Wednesday blew past Wall Street profit estimates in the first quarter and set aside $3 billion to cover a settlement with U.S. regulators, calming investors who had worried about the outcome of a months-long federal probe.
DirecTV Now, AT&T’s streaming video app, has seen sharp customer declines in recent months that all but wiped out a year’s worth of subscriber growth, according to the company’s latest earnings report.
Across the past five TV seasons, 61% of midseason launches wound up canceled after that freshman run. In that same span, 58% of fall launches were ill-fated — so, premiering earlier isn’t necessarily better.
Empire stars Taraji P. Henson and Terrence Howard are appealing to Fox for their embattled co-star Jussie Smollett to return for the show’s sixth season. Henson, Howard, and the rest of the drama series’ top cast, penned an April 19 letter to Fox Entertainment CEO Charlie Collier, Disney TV Studios and ABC Entertainment chair Dana Walden, Fox Entertainment President Michael Thorn, Empire co-creators Lee Daniels and Danny Strong, and other executive producers on the series.
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.