Oregon Association Of Broadcasters Announces Award Recipients

The Oregon Association of Broadcasters has chosen the recipients of its annual Broadcast Excellence Awards for 2023. These awards recognize outstanding achievements in broadcasting across Oregon, showcasing excellence in journalism, […]

Magid Names John Rood Chief Brand & Communications Officer

Magid, a consulting, consumer intelligence and activation firm, today appointed entertainment marketing veteran John Rood chief brand & communications officer (CBCO). With more than 25 years of expertise as a […]

Coastal Television Broadcasting Closes On Purchase Of Five TVs

Coastal Television Broadcasting Group has closed on the purchase of KVRR Fargo, KJRR Jamestown and KNRR Pembina, all North Dakota, and KBRR Thief River Falls and KQDS Duluth, both Minnesota, […]

BRAND CONNECTIONS

Big Four Affiliates: FCC Needs To Regulate Virtual Cable Now

Major TV station owners are seeking new federal rules that they say will bridge the gap between old video providers and new online services streamed on phones, tablets and connected TVs. Pushing for the new rules are the independent network affiliates of the ABC, CBS, NBC and Fox networks, a group that consists of about 600 TV stations that want the FCC to put at the top of its agenda the equal-treatment policies that have been stalled for about a decade.

Beeper Messaging App Is Acquired As A Bet On A Regulatory Shift

Beeper, the app that brought iPhone messaging features to Android smartphones, has been acquired by Automattic, the company behind WordPress.com, to support the development of a single service for sending and receiving chats from WhatsApp, Signal, LinkedIn and others. The deal is valued at about $125 million.

AI & THE MEDIA

SAG-AFTRA Seeks To Write AI Protections Into California Law

SAG-AFTRA, the union representing Hollywood actors, is pushing for legislation that would require detailed consent for the use of “digital replicas.” In a separate bill, the union also wants to prevent studios from putting dead performers in movies without the consent of their heirs. Underscoring the contentiousness around AI, the Motion Picture Association has come out against the digital replicas bill.

Innovid Launches Harmony Direct In Effort To Tame CTV Supply Chain

Innovid said it launched Harmony Direct, the first in a series of products aimed at cleaning up the connected TV advertising supply path. Roku and digital company PMG are among the first to use Harmony Direct. Harmony is designed to send more advertiser dollars toward media, increasing revenue opportunities for publishers and creating a more sustainable, transparent system for advertisers, Innovid said.

CLOSING BELL

Dow Slips 9, Nasdaq Rises 53, S&P Inches Up 8

Wall Street barely budged Tuesday as it braces for Wednesday’s inflation report. The dominant question hanging over Wall Street is whether inflation will cool enough to convince the Federal Reserve to deliver the cuts to interest rates that traders are craving and have been betting on.

Women’s College Basketball Tournament Outshone The Men’s. But It Got 99% Less TV Money

Sunday’s final was watched by more people than any other basketball game in the past five years, including NBA and NCAA men’s events.

NBCUniversal Is Going For Gold With $1.2 Billion In Olympics Ad Sales

NBCUniversal said it has sold $1.2 billion worth of advertising in the Paris Olympics and Paralympics, putting it on track to be the gold medal winner for most ad revenue ever generated by an Olympics Games. The revenue total includes about $350 million from new advertisers. Digital ad revenue has already set a record, the company said.

NAB Show: Alliance For Women In Media Sets Multiplatform Sports Panel Discussion

The Alliance for Women in Media (AWM) is holding  a panel discussion on “The Business of Multiplatform Sports” at the AWM Breakfast during the NAB Show: April 15, 8-9 a.m., […]

75 Reasons To Celebrate WKRC’s 75th Anniversary

Paramount Faces A Mountain Of Distrust

The ownership structure shades deal talks, leaving regular shareholders with few options aside from voting with their feet.

Trump Media Stock Falls 10% As Downward Slide Continues

Trump Media’s shares were hovering around $36 as of Monday morning, after closing at about $40 Friday. The latest numbers mark a steep fall for the Truth Social parent, whose shares initially climbed above $79 after going public nearly two weeks ago.

Roku’s New Tech Could Help It Push Ads Even When Its TVs Are Hooked Up To Other Devices

Roku has filed for a new patent that will allow it to show ads while TVs powered by its operating system are paused, event if the television is under the control of a different device ecosystem connected to it via HDMI. The scheme would allow Roku to expand its advertising business, even to those engaging with other TVOS platforms, say Apple TV, on Roku-powered TVs.

Women’s Sports’ TV Rights Boom May Have Finally Arrived

Beyond the college women’s basketball tournament, the WNBA and National Women’s Soccer League have inked new rights deals that could increase exposure at a time when popularity is surging. Morry Gash/AP

Two Years After Warner Media Merged With Discovery, Debt And Megadeal Questions Loom

Chatter about possible M&A that the David Zaslav-led company could engage in is likely to surge now that the two-year Reverse Morris Trust lockup period for big deals involving WBD has ended.

Madhive Hires Evan Simeone As Chief Product Officer

CLOSING BELL

Dow Dips 11, Nasdaq Inches Up 5, S&P Slips 2

Wall Street held at a virtual standstill Monday following last week’s sharp swerves.

New Privacy Bill Would Restrict Behavioral Advertising

Bipartisan lawmakers on Sunday unveiled a discussion draft of a sweeping privacy bill that could restrict companies’ ability to serve targeted ads to consumers. The proposed American Privacy Rights Act of 2024, introduced by Senate Commerce Committee Chair Maria Cantwell (D-Wash.) and House Energy And Commerce Committee Chair Cathy McMorris Rodgers (R-Wash.), would require companies to allow consumers to opt out of targeted advertising based on non-sensitive data that is linkable to individuals or devices.

Netflix Film Division Undergoes Genre-Based Restructuring, Layoffs

Around a dozen Netflix employees are leaving after Dan Lin worked on the re-org with Bela Bajaria, outside partners and film heads

Vince McMahon To Sell $311M In TKO Stock To The Company And Endeavor

The sale will increase Endeavor’s ownership stake in TKO and comes just a few months after McMahon exited the company.

Streaming Profit Report: A Year Spent Chasing Netflix

A streaming promised land has not been reached by Hollywood powerhouses, Wall Street agrees. But it’s instructive to look beyond quarterly earnings updates for a fuller picture.

Will Broadcast’s Local Sports Comeback Stand Up?

Stations have snapped up professional sports rights from struggling RSNs, but could find themselves edged out by direct-to-consumer streamers.

Former CBS Home Black Rock Nearly 90% Leased After Amenity-Filled Transformation

Everyone Is Rich, No One Is Happy. The Pro Golf Drama Is Back

First the PGA Tour and the upstart LIV Golf were implacable enemies. Then they were going to work something out. Now, as the Masters is set to begin, the tension is mounting again.

TVN’S MEDIA JOBS

New Jobs Posted To TVNewsCheck

New jobs posted to TVNewsCheck’s Media Job Center include 13 openings in news, sales, digital and engineering.

Super Pacs Keep Testing The Limits Of Campaign Finance Law

Advocates say lack of enforcement of campaign finance laws means groups can push the envelope with little fear of reprecussions.

THE PRICE POINT

Local TV’s Hiring Crisis Has A Solution

Local TV can still attract a truly talented younger generation of workers. But it will need to excite them with the prospect of inventing a whole new future of local news and information.

Skydance’s Unique Offer For Paramount Would Give It A Large Stake While Keeping The Company Public

Skydance has made a unique pitch to Paramount Global’s special committee, in charge of accepting or rejecting transactions, and its investors, according to four people familiar with the parameters of the offer. Paramount Global would continue to trade publicly. Skydance would own either a substantial minority stake or a majority stake in Paramount Global by merging its assets and raising new equity, which it would acquire along with its private equity partners RedBird Capital Partners and KKR. The consortium’s ownership percentage in the new company could be around 45% or just over 50%, said the people, who asked not to be named because the discussions are private.