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Station Trading Roundup: 1 Deal, $500,000
The purchase of KTNP-LD Manitou Springs, Colo., by Bridge News tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.
Groundbreaking KABC Exec Tom Van Amburg Dies At 83
He died Monday in Los Angeles after a short illness. He's remembered as a trailblazing Los Angeles TV executive whose innovations drove KABC to the top and launched Regis Philbin as a morning talk …
Dow Drops 299, Nasdaq Jumps 221, S&P Adds 21
Nvidia rebounded Tuesday, and it's back to masking losses for the rest of Wall Street.
Are Viewers Cutting Back On Streaming?
Parks Associates' latest research reports a dramatic 30% drop in spending for streaming SVOD services, with the average U.S. internet household spending about $63 per month on OTT SVOD services, down …
Why the NFL Put A $7 Billion Antitrust Case In The Hands Of An Unpredictable Jury
A class-action lawsuit over the cost of Sunday Ticket subscriptions underscored how valuable broadcast deals have been for the league’s success.
Nielsen v. Hypha Dismissed, Frees Startup To Begin Panel Rollout
In an apparent victory for a promising audience-measurement startup, a U.S. district court dismissed a suit filed by Nielsen against HyphaMetrics alleging it infringed on one of …
Paramount Chiefs To Staff: We’re Cutting $500M In Costs After ‘Unacceptable’ Profit Drops
The trio of co-CEOs told employees at a town hall on Tuesday that bankers have been hired to sell unspecified assets "to help pay down debt and strengthen our balance sheet."
Responsibility Over Freedom: How Netflix’s Culture Has Changed
The company’s latest internal memo about its corporate culture is more about how it expects employees to behave than what it wants to become.
Diamond Must Show Sports Leagues Pay TV Contracts Under Conditions, Bankruptcy Judge Rules
'I think they need to see it,' Judge Chris Lopez said.
DJI Drone Ban Passes House Vote
Republican Reps. Mike Gallagher and Elise Stefanik, who introduced the bill, say a ban is necessary for national security. They argue that, because DJI is a Chinese-owned company, the drone maker must …
Hollywood Talks Big on Climate. But What Is It Really Doing?
Rival studios and streamers have banded together to battle the crisis, but since there's little accountability, it's unclear how much progress is being made.
CBS’s Sale Drama Is A Harbinger For The Industry
After the Skydance/Paramount Global sale collapse, more questions than answers remain over the fate of the CBS network and its owned stations. That fate will be a bellwether for the OTA industry at …
Dow Climbs 261, Nasdaq Drops 193, S&P Slips 17
Most of Wall Street rose Monday, but Nvidia tumbled again as AI mania cooled.
Planned Parenthood To Spend $40M To Boost Biden, Dems
The group will initially invest in battleground presidential states Arizona, Georgia, Pennsylvania, North Carolina and Wisconsin. It will also spend money on congressional races in …
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