DMA 9: BOSTON

NBCU Ups Chris Wayland To Boston GM

He maintains his president-GM duties for NBC Sports Boston as he succeeds Mike St. Peter in overseeing WBTS, WNEU and NECN there.

Gray To Distribute Reusable Masks To Employees

The masks will be available for free to all Gray employees, but the company wants the first delivery of cloth masks reserved for those full-time and part-time employees who continue to work in a Gray facility or out in the field.

Fox And Comcast Sign Distribution Deal

Fox and Comcast Wednesday announced a long-term renewal of their distribution agreement for Fox’s full portfolio of channels, including retransmission consent for the Fox Television Stations to Xfinity customers.

BRAND CONNECTIONS

Chloe Aaron, Former PBS Executive, Dies At 81

Ad Market Steady In Feb., Last ‘Normal’ Month

With a market index of 170, the U.S. Ad Market Tracker is up 2.4% from February 2019, although it is actually down 9.1% from February 2018, which included incremental ad spending attributed to NBC’s coverage of the 2018 Winter Olympic Games from Pyeongchang, South Korea, and was the best February since MediaPost and Standard Media Index began tracking U.S. ad demand.

First MPTF Nursing Home Retiree Tests Positive For Coronavirus

CBS Studios Says It Is Not Retroactively Cutting Assistant Pay

KPRC A Disaster Expert, But Pandemic’s Different

Jerry Martin, Graham Media-owned KPRC’s wry VP and GM in Houston, has a reluctant pragmatist’s approach to his station’s coronavirus pivot: “Keep playing the game like it’s going to get worse.” (Al Torres Photography)

THE PRICE POINT

The Price Point | Now More Than Ever, We Are Broadcasters

General managers are showing their true quality in these extraordinary times, putting public service and concern for their staffs above all other considerations.

WEEK ENDING MARCH 30

Station Trading Roundup: 1 Deal, $50,000

The purchase of two Mississippi translators by 5GTV tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

Fox Corp. Selling $1.2 Billion In Debt

Fox Corp. said it is selling $1.2 billion worth of notes and will use net proceeds for general corporate purposes. Companies are raising cash at a rapid pace as a nest egg against the harsh economic impact and unknown duration of the coronvirus. Earlier Tuesday Fox said the the COVID-19 spread could have an adverse material impact on its business. It’s the latest in a stream of companies to both officially declare the risk the economic shutdown poses to their business and raise cash to see it through hard times.

CLOSING BELL

Dow Closes Down 410, Nasdaq Gives Up 74

Stocks fell again Tuesday, capping Wall Street’s worst quarter since 2008. The surge of coronavirus cases around the world has sent markets to breathtaking drops since mid-February, undercutting what had been a good start to the year.

Media Staffing Network Establishes Recruitment Solutions Network

Media Staffing Network (MSN) is helping job seekers across all industries by tapping into its vast knowledge of job search skills and techniques to present a series of free webinars under its newly established Recruitment Solutions Network (RSN) unit. The series kicks off Wednesday, April 8, with two webinars: “Job Seeking: Building Your Brand” at 11 a.m. ET and “Job Seeking: […]

IAB Moves 2020 NewFronts To June

The Interactive Advertising Bureau, organizer of the NewFronts, is moving the annual pitchfest to June to give presenters more time to prep their virtual showcases.

Fox Corp.: Virus To Affect Business Results

Fox Corp. has joined the chorus of media companies publicly acknowledging the impact of the coronavirus pandemic on its business, noting canceled sports events and postponed production. The COVID-19 outbreak “could have a material adverse effect on the company’s business, financial condition or results of operations over the near to medium term,” Fox said in an SEC filing Monday.

MARKET SHARE

Stations Get Creative To Help Local Advertisers

Some TV stations are helping their local advertisers with deeply discounted or free — yes, free — advertising to keep their clients top of mind in their market.

Ad Giant WPP Pulls Dividend, Buyback, Outlook

The world’s biggest advertising company WPP has pulled its dividend and share buyback and withdrawn its 2020 guidance after the coronavirus pandemic sparked the most uncertain time in its 35-year history.

EXECUTIVE SESSION WITH CATHERINE BADALAMENTE

TVN Executive Session | Graham Keeps Faith In Digital, NextGen TV

Graham Media’s SVP and Chief Innovation Officer Catherine Badalamente is pivoting quickly to deal with the new realities of coronavirus-era broadcasting, but she saw disruption on the horizon before that. She says digital platforms like OTT and NextGen TV offer some of the best hedges against future disruption, if only legacy salespeople can finally get on side.

IATSE Launches Mutual Aid Program As Over 90% of Members Have Lost Jobs To Pandemic

Dow Climbs 690, Nasdaq Gains 272

Wall Street’s rally rolls on, led by health care stocks. Johnson & Johnson leaped 8% after saying it expects to begin human clinical studies on a vaccine candidate for COVID-19 by September. Abbott Laboratories jumped 6.4% after saying it has a test that can detect the new coronavirus in as little as five minutes.

The News In The Age Of The Coronavirus

Can a fragile media ecosystem survive the pandemic? With the misinformation emanating from the Trump White House, the need for reliable, widely-accessible information and facts is more urgent than ever. Yet the economic shutdown created by the spread of COVID-19 promises to decimate advertising revenue, which could doom more digital news outlets and local newspapers.

MRC Warns About COVID-19 Effect On Ratings

The Media Rating Council (MRC) this morning published a notice advising media audience measurement services to have “objective criteria in place” to ensure they maintain “data quality in the face of unprecedented challenges presented by the current coronavirus crisis.”

DMAS 86 & 171

Gray Names GMs In Shreveport, Dothan

The station group promotes Sacha Purciful and Robby Thomas to oversee KSLA Shreveport, La., and WTVY-WRGX Dothan, Ala., respectively.

Virus Has Ad Execs Rethinking Approach

Television network ad sales executives said they are taking a day-to-day approach as some advertisers pull their campaigns, others quickly change the commercials they’re airing and other push commercials they’d planned to air in March and April back to later in the year.

Bob Iger To Forgo Disney Salary, Execs Take Pay Cuts

The Walt Disney Co. said on Monday that executive chairman Robert Iger will forgo his entire salary and recently named CEO Bob Chapek will take a 50% pay cut amid the coronavirus pandemic, according to an email from Chapek sent to employees obtained by The Hollywood Reporter.

DMA 73: SPRINGFIELD, MO

Mike Spruill Named GM Of KRBK-KOZL

Nexstar chooses the veteran broadcasting executive with more than 30 years of sales experience to lead its Fox-MNT duopoly in Springfield, Mo., following the retirement of Leo Henning.

WOW! CEO Teresa Elder Hospitalized With COVID-19

Media Outlets In Austin Come Together For COVID-19 Community Relief

DMA 7: WASHINGTON

WTTG Confronts Coronavirus With Steady Hand

A solid business contingency plan gave Fox-owned WTTG and WDCA in Washington, D.C., a leg up in pivoting for the coronavirus pandemic. VP and GM Patrick Paolini says a priority now is staying on top of the news deluge while keeping staffers and advertisers calm amid the uncertainty.

Tegna Bidders Drop Out Following Coronavirus

The TV group says two of the four unsolicited acquisition proposals have been withdrawn in the wake of the coronavirus pandemic and the other two parties have not signed confidentiality agreements to enable due diligence and have not delivered any information on financing sources.