A year on from a vital Supreme Court ruling, sports betting is likely to have a wide-ranging impact on the media. When and how much that will be is still anybody’s bet.
Led by Perry Sook, Nexstar has been from its inception in 1996 a voracious consolidator. When it closes on Tribune Media later this year, it will operate 216 stations in 118 markets covering 63% of U.S. TV homes, the most allowed under current FCC rules.
The sale of two stations from Citadel Communications to Standard Media Group tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.
A tech rebound powered U.S. stocks Tuesday, snapping a two-day S&P slump. The rally followed the U.S. government’s decision to temporarily ease off proposed restrictions on technology sales to Chinese companies.
TiVo’s TV Viewership Data offering now incorporates Kantar, Drawbridge data and premium demographic attributes.
Lowcountry Media sells the Georgia multicast affiliate to Phillip Falcone’s HC2 Holdings.
Marc DeBevoise, president and chief operating officer of CBS Interactive, can see viewers subscribing to about 10 OTT services on average.
The trends put it in a strong position as an “independent studio” that can also develop intellectual property from other units at Sony, Tony Vinciquerra said at a strategy meeting and investor day in Tokyo.
Stocks fell Monday as the Huawei ban prompted a sell-off in chipmakers. About one-third of Huawei’s suppliers are American chipmakers and investors are worried that the action against Huawei could crimp sales for companies with revenue heavily tied to China.