MARKET SHARE MONDAY MEMO

WLWT Broadcasts Its Sales Pitch On TV

TVN’S MEDIA JOBS

General Manager, Creative Services Director And Maintenance Tech Openings

New jobs posted to TVNewsCheck’s Media Job Center include openings for a general manager, a creative services director and a maintenance technician for Nexstar, Hearst and Allen Media stations.

BlissTek Appoints Jeremy Deaner CEO

BlissTek, a new division of Bliss IP, with three branded divisions in the Media Tech sector — Digital Vision World, R3store Studios and R3el — has announced the appointment of Jeremy Deaner as its chief executive officer. Assuming his role immediately, Deaner brings to BlissTek more than 25 years’ experience successfully growing U.K.-based software companies […]

BRAND CONNECTIONS

Comcast Now Selling NHL Center Ice For $100

Cox Stations Dark In Suddenlink Dispute

Cox Media Group TV stations in six markets have gone dark to Suddenlink subscribers in a dispute over retransmission consent fees. The blackout affects viewers in Tulsa, Okla.; Memphis; Spokane, Wash.; Eureka, Calif.; Greenville-Greenwood, Miss.; and Alexandria, La.

THE PRICE POINT

Price Point | How To Handle Blackouts During A Pandemic

There are no winners on the local front when it comes to station blackouts, but stations can maintain goodwill by answering irate viewers’ calls, keeping clients informed and calling viewers when carriage is restored.

CLOSING BELL

Dow Closes Up 57, Nasdaq Climbs 135

Stock markets shook off a slump Friday to reach more record highs. Technology stocks and companies that rely on consumer spending helped lift the market, outweighing losses in financial, industrial and other sectors.

Analyst Reverses Course On Disney Stock

Rich Greenfield, the analyst who is outspoken in his belief that streaming will demolish the traditional TV business, said he was wrong about his recommendation to sell stock in the Walt Disney Co.

NFL Gives TV Nets More Ad Time In Playoffs

The National Football League will allow CBS, NBC and Fox to sell an additional two minutes of commercials during the playoff games leading up to the Super Bowl, according to network and league officials. That will mean several million dollars of new revenue for the networks, as NFL postseason games are among the most sought-after content for advertisers. A spot usually runs as high as $1 million during the early playoff rounds and can top $2 million for the conference championships that determine who plays in the Super Bowl, network executives said.

Job Cuts In Media Topped 30,000 In 2020

The media industry was racked by a record 30,711 job cuts in 2020 — a stunning increase of 201 percent from the year earlier when 10,201 jobs were lost. The figures, which were rolled out Thursday by outplacement firm Challenger, Gray & Christmas, included jobs data from the news industry, advertising, television and movie production.

COMMENTARY BY OLIVER DARCY

TV Providers Should Not Escape Scrutiny For Distributing Disinformation

Oliver Darcy: We regularly discuss what the Big Tech companies have done to poison the public conversation by providing large platforms to bad-faith actors who lie, mislead, and promote conspiracy theories. But what about TV companies that provide platforms to networks such as Newsmax, One America News — and, yes, Fox News? Somehow, these companies have escaped scrutiny and entirely dodged this conversation. That should not be the case anymore.

Comscore Gets Fresh Start With Charter, Qurate, Cerberus Funds

Comscore, whose weak financial position has hampered its ability to compete as a provider of media measurement, has wiped out its debt with a $204 million strategic investment from Charter Communications, Qurate Retail and Cerberus. In addition to cleaning up its balance sheet, the deal gives Comscore access to data that will help it provide the new types of audience and impression based measurement that are being demanded by a changing media and advertising industry.

EXECUTIVE SESSION WITH SHELLY PALMER

TVN Executive Session | Virtual CES Foreshadows Post-Pandemic Glimpses

Next week’s CES will feature virtualized presentations of new 8K TV sets, streaming technology and ever-improving home video production tools that will be of interest to broadcasters. Veteran consultant Shelly Palmer says smart TVs will take a leap forward, smartphone tech will pause until post-pandemic mobility returns and huge trade shows like CES itself will never be the same again.

TVN’S FRONT OFFICE BY MARY COLLINS

Collins | Tech And Finance Departments Need To Talk

Companies must find ways to improve communications between the two departments. That will pay big dividends as you select and upgrade financial management technology. Additionally, this sharing of information should not be limited to managers; it needs to be encouraged among all members of both teams.

Estrella Media Names Arya Towfighi EVP, General Counsel

Estrella Media, a vertically integrated, multi-platform, Spanish-language media company, today appointed Arya Towfighi executive vice president and general counsel. Towfighi joined Estrella Media in November 2019 as a senior vice president, overseeing the company’s legal functions. His role has now been expanded to include oversight of the human resources, communications, and business affairs functions of the company. Towfighi […]

Scripps Completes Acquisition Of Ion Media

Scripps says the transaction provides about 60% accretion in free cash flow per share. It gives it a portfolio of 60 stations in 41 markets.

Quincy, Meredith Kicking Off 2021 M&A Season With Station Sales

All of Quincy and four Meredith stations are being prepped for sale, with second-round bids due to the sellers in the week of Jan. 18. Quincy could command as much as $1 billion. Entire Meredith group may be in play.

Tegna Extends Partnership With FreeWheel

The partnership enables enhanced, automated access for media buyers to Premion’s CTV/OTT ad platform.

TV’s Most Important Time Of The Year

The most important 30-day stretch of the year for the television industry begins this weekend on the gridiron. The 14 most-watched U.S. TV broadcasts of 2021 could take place over the next month: 13 NFL playoff games (up from 11 due to expansion) and Monday’s College Football Playoff National Championship.

WPIX VP-GM Bart Feder Stepping Down

WPIX New York VP-GM Bart Feder will leave his post on Jan. 29, he said Wednesday. Feder, who has spent most of his career in television newsrooms, was hired as the SVP of news in 2015 by Tribune Broadcasting. Once Tribune was bought out by Nexstar two years ago, he shifted into the VP-GM role at WPIX. Now that the station has changed hands again, he said it’s time for him to leave.

CLOSING BELL

Dow Finishes Up 438, Nasdaq Loses 78

Stocks rallied Wednesday, despite protests in Washington that resulted in the storming of the U.S. Capitol, on hopes for stimulus. Investors piled into stocks of smaller companies, banks and other businesses that would be winners if Democrats push through more economic aid for hurting Americans and businesses.

Scripps Sets Networks Distribution Leadership

Brad Samuels, Damian Riordan and Yvonne Haugh will report to Jeffrey Wolf in overseeing distribution of the national networks on platforms including broadcast, cable, satellite, over-the-top and streaming.

Network Ad Spend To Rebound On 2020 Comps

The bad news for U.S. network TV ad spending is that it will likely see fourth-quarter 2020 results come in with the worst ad-spending erosion since the second quarter of the year — a significantly negative bellwether for the first quarter of the 2020-21 broadcast season. The good news is that the balance of the season should see upward momentum, thanks to easy comparisons with 2020.

Ricky Strauss Leaves Disney After 9 Years

Disney veteran Rick Strauss, one of the key executives that launched Disney+, is leaving the company after nine years. Rebecca Campbell, Disney’s chairman of direct-to-consumer and international, made the announcement internally, with Strauss also sharing the news with his staff.

NBCU’s Linda Yaccarino Named Ad Council Chair

Linda Yaccarino, chairman, global advertising and partnerships at NBCUniversal, has been named chair of the Ad Council’s board of directors. The Ad Council oversees public service campaigns and most recently has been a leader in the media, marketing, advertising and entertainment industry’s efforts responding to the COVID-19 pandemic.

Tegna Wraps 2020, Provides 2021 Guidance

The company says it will exceed full-year 2020 guidance provided prior to the COVID-19 pandemic for all key financial metrics, despite the challenging external market environment. Tegna will host a conference call to discuss its fourth quarter and full-year 2020 results on Monday, March 1, at 9 a.m. ET.

IRTS Foundation Elects Leo MacCourtney Board Chair

The International Radio and Television Society Foundation, a charitable organization dedicated to building the next generation of media leaders and increasing diversity, today announced Leo MacCourtney has been elected chairman. MacCourtney is president of television advertising sales organization Katz Television Group. MacCourtney has served for more than 25 years as an active IRTS board member […]

WEEK ENDING JAN. 4

Station Trading Roundup: 1 Deal

The transfer of two stations from McDermott Communications to Paducah Television Operations tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.

CLOSING BELL

Dow Moves Up 168, Nasdaq Closes Up 121

Stocks recouped some of their losses Tuesday after a sharp slide to start 2021. The majority of big stocks in the S&P 500 notched gains, with oil producers leading the way as crude prices strengthened. Stocks of smaller companies did even better than the broader market, driving the Russell 2000 index of small-caps to a market-leading 1.7% gain. Treasury yields rose.

KING Promotes Frank Palino To Sales Director

The veteran sales executive will lead revenue efforts for Tegna’s KING-KONG duopoly in Seattle.