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Radio+Television Business Report

With ‘Praise Live’ Returned, EMF Spins In Twin Cities

Radio+Television Business Report
4 years ago

Call it a “no-GO” for Educational Media Foundation. Sort of.

In mid-April, RBR+TVBR was first to report on the purchase by EMF of the former KZGO-FM 95.3, a Class A licensed to St. Paul, and the former KQGO-FM 96.3, a Class C3 licensed to Edina, Minn., from The Pohlad Companies. At the time, KZGO, given its market heritage as a religious station, was poised to see a return of the predecessor to “Go” —  Christian Adult Contemporary “Praise Live.”

This happened, along with the return of the KNOF call letters. As such, EMF, which specializes in its national CCM networks, is selling what is now KNOF-FM in St. Paul.

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Adam Jacobson

With Meredith Deal OK’d, Gray Goes Early With Q1 Reveal

Radio+Television Business Report
4 years ago

The company’s Q1 2021 earnings call is still on for Thursday (5/6). However, with Monday’s blockbuster announcement that it is acquiring all of Meredith Corporation‘s local media assets for $2.7 billion, Gray Television moved forward with the release on Monday of its first quarter financial results.

How did the company led by Hilton Howell Jr. and former Raycom Media head Pat LaPlatney perform in the first three months of 2021?

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Adam Jacobson

Radio’s Balancing Act: Reach vs. Localism

Radio+Television Business Report
4 years ago

RBR+TVBR OBSERVATION

As I pen this column, there’s an AARP Member who is presently driving north on I-95 from South Florida to the Empire State. Like other “snowbirds,” Bubbe from Boca has packed her car, put the cute little puppy in his belted-in canine crib, and has made her way to New York State.

Two days. Eighteen hours of driving. How much time will she spend listening to the radio?

Zero.

There are many directions we can turn in commenting on this reality. Today, we wish to discuss the No. 1 value of Radio, and how efforts to hyperlocalize the medium may be counter-productive to its greatest asset: Reach.

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Adam Jacobson

Gray Grows Again With Multi-Billion Deal For Meredith Local Media

Radio+Television Business Report
4 years ago

On Thursday (4/29), rumors became reality as Allen Media Broadcasting, the fast-growing television company owned by Byron Allen, emerged as the buyer of 10 television stations Gray Television agreed to sell in order to receive regulatory approval of its $925 million merger with Quincy Media, Inc.

While the end of the Ralph Oakley-led QMI is certainly noteworthy and will reshape Gray even further, following the January 2019 completion of its mega-merger with Raycom Media, Gray’s latest “transformative” transaction is a blockbuster in the making.

Gray has agreed to acquire all outstanding shares of Meredith Corporation for approximately $14.50 per share in cash, or $2.7 billion in total enterprise value. Importantly, this will occur following the spin-off of Meredith’s National Media Group to current Meredith shareholders.

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RBR-TVBR

A Media Leader Minus TV Assets: The New Meredith Corp.

Radio+Television Business Report
4 years ago

Following its mammoth divestment of the Local Media division, Meredith Corp. will be a company wholly enveloped in its National Media assets.

What does this mean for the Des Moines-based company and for Local Media Group President Patrick McCreery?

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Adam Jacobson

NAB Opens 2021 Marconi Radio Awards Nomination Window

Radio+Television Business Report
4 years ago

The National Association of Broadcasters (NAB) is now accepting nominations for the 2021 NAB Marconi Radio Awards and will be accepting submissions until May 31.

Established in 1989 and named for inventor and Nobel Prize winner Guglielmo Marconi, the prestigious awards recognize overall excellence and performance in radio.

Station and on-air personality nominations may be submitted for the 23 awards presented in the following categories:

  • Legendary Station of the Year
  • Legendary Manager of the Year
  • Radio Station of the Year by Market Size
  • Radio Station of the Year by Format
  • Personality of the Year by Market Size
  • Network/Syndicated Personality of the Year
  • Best Radio Podcast of the Year

The NAB Marconi Radio Awards finalists are selected by an independent task force of broadcasters and will be announced in July. Winners will be recognized during a special event at the Radio Show, held October 13-14, 2021 in Las Vegas, and co-located with NAB Show.

All nominations must be submitted through the NAB member portal. The complete list of categories, entry rules and qualifications can be found here.

Contact Tobi Hall with questions regarding the Marconi Radio Awards, nomination process or station eligibility.

RBR-TVBR

P&G, iHeartMedia Re-Team For ‘Can’t Cancel Pride’

Radio+Television Business Report
4 years ago

In a repeat of an already successful partnership, Procter & Gamble Co. in June will again team up with iHeartMedia for the return of “Can’t Cancel Pride,” a virtual relief benefit for the LGBTQ+ community as part of the company’s Pride Month observances.

The benefit is scheduled to feature performances and appearances from “the most influential voices in the community,” and what iHeart promises to be “the biggest names in culture and entertainment.”

“Can’t Cancel Pride” formally returns on June 4 at 9pm, in each time zone. The event will stream on iHeartRadio’s YouTube, Facebook, Instagram TV pages, iHeartRadio’s PrideRadio.com and broadcast on iHeartMedia radio stations nationwide. It will also be available on demand throughout Pride Month — until Thursday, June 30.

The event began in 2020, in the midst of the COVID-19 pandemic’s spread across the U.S.

This year, “Can’t Cancel Pride” will also again partner with The Greater Cincinnati Foundation to administer and distribute financial support raised by the event to LGBTQ+ organizations with a track record of positive impact and support of the LGBTQ+ community.

This includes GLAAD, SAGE, The Trevor Project, the National Black Justice Coalition, CenterLink and OutRight Action International.

The 2020 inaugural virtual relief benefit helped raise visibility and funds for LGBTQ+ communities most impacted by COVID-19; the pandemic had a damaging effect on the fund-raising efforts that LGBTQ+ organizations rely on to survive. It has also closed community centers, prevented support groups to meet in person and has had an adverse effect on a number of industries in which so many LGBTQ+ people make their living.

Partnering with six organizations with a long track-record in creating positive change within the community, “Can’t Cancel Pride” raised over $4 million.

Hosted by Elvis Duran and Laverne Cox, the one-hour benefit special featured performances by Adam Lambert, Ben Platt, Big Freedia with Tank and the Bangas, Katy Perry, Kim Petras, Melissa Etheridge, Sia, Ricky Martin and Carla Morrison, as well as John Cameron Mitchell, Neil Patrick Harris, Darren Criss, Andrew Rannells and more.

In addition to music, “Can’t Cancel Pride” also featured special appearances from Billy Porter, Bebe Rexha, Cara Delevingne, Ciara, Dan Levy, Hayley Kiyoko, Kermit The Frog, Lena Waithe, Matt Bomer, Nico Tortorella, Peppermint, and Tituss Burgess.

Full details and lineup announcement for the 2021 “Can’t Cancel Pride” are forthcoming.

Adam Jacobson

Busch Successor Selected At Nexstar

Radio+Television Business Report
4 years ago

In late February, Nexstar Media Group announced that President of Broadcasting Tim Busch will retire on May 31.

On Monday (5/3), it revealed who will be rising to take on Busch’s soon-to-be former duties.

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Adam Jacobson

Allen Shaw Sells Signals Now Home to ‘WINC’

Radio+Television Business Report
4 years ago

In October 2020, RBR+TVBR reported on the sale of a booming 22kw Class B with a tower atop a peak in the Shenandoah Mountains to Educational Media Foundation. 

It was a bargain for the facility, which reaches the western half of the Washington, D.C., metropolitan area and had been Hot Adult Contemporary WINC-FM, licensed to Winchester, Va.

While EMF bought the station, the intellectual property stayed with seller Centennial Broadcasting II. Now the company led by industry veteran Allen Shaw is selling the two stations “WINC” moved to last autumn.

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Adam Jacobson

Pandemic Impact & Recovery: S&P Global’s TMT Report

Radio+Television Business Report
4 years ago

The COVID-19 pandemic has had both adverse and positive effects on the Technology, Media & Telecommunications industry, S&P Global Market Intelligence reports.

“With a global economic slowdown, sports cancellations and more, traditional TV advertising experienced steep declines in 2020,” it says. That said, the pandemic accelerated other trends such as digital transformation, OTT video usage, and even new telehealth applications.

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Adam Jacobson

Veritone Now Supports AWS for Media & Entertainment Initiative

Radio+Television Business Report
4 years ago

Artificial Intelligence-as-a-sales aid pioneer Veritone is now offering support for a new AWS initiative that is designed to enhance Veritone’s AI-enabled applications to provide new ways for business and content creators to find, share and monetize their content.

AWS for Media & Entertainment is an initiative featuring new and existing services and solutions from AWS and AWS Partners, built for content creators, rights holders, producers, broadcasters, and distributors.

AWS adds the newly announced Amazon Nimble Studio to a portfolio of “purpose-built media and entertainment industry services.”

AWS for Media & Entertainment also aligns AWS and AWS Partner capabilities against five solution areas: Content Production; Media Supply Chain & Archive; Broadcast; Direct-to-Consumer & Streaming; and Data Science & Analytics for Media.

Veritone’s AI-powered Digital Media Hub, combined with the power of the underlying AWS infrastructure, “leverages cutting-edge technology to safely and more efficiently facilitate the distributing, archiving and storing, as well as licensing and monetizing, their content securely in the cloud,” the company says.

Veritone Digital Media Hub is a cloud-native, AI-powered media management platform hosted on AWS that is specifically designed for content owners in sports, film, TV, news and media enterprises. The platform is built on Veritone’s aiWARE operating system.

Across all Veritone platforms, AWS cloud storage and compute services correlate 16 million unstructured data objects per month, process 1 million hours of audio and TV media per month and perform 2.5 million AI cognition tasks, including transcription, translation, and face recognition, per day.

“Our collaboration with AWS strengthens our ability to help media and entertainment companies solve some of the biggest challenges they face in digitally transforming how they manage and ultimately monetize their content,” Veritone President Ryan Steelberg said. “Combining the power of AWS with our AI-enabled Digital Media Hub, we ensure companies’ valuable media assets are secured in the cloud, accessible anywhere, and placed a few keystrokes away for distribution and monetization.”

RBR-TVBR

FOX News Shuffles Its NYC, DC Leadership Teams

Radio+Television Business Report
4 years ago

FOX News Channel (FNC) has named four executives to its New York and Washington leadership teams, a move its President and Executive Editor believes will “advance our robust news operation and commitment to showcasing diverse perspectives across the network.”

Greg Headen, who currently runs FNC’s foreign desk in New York, is taking the role of Vice President of News Coverage.

Headen will transition to the role “later this spring,” overseeing both the domestic and international assignment desks’ operations.

He will manage planning and logistics for news coverage around the world, providing material to all FOX News Media platforms.

At the same time, Megan Albano and Jerry Andrews will join the network’s New York weekend programming leadership team, with Albano promoted to Vice President overseeing weekend opinion programming.

Andrews, who rises to Senior Executive Producer, will oversee weekend daytime news.

Albano will continue to manage The Five, the 5pm weekday roundtable talk and political chat program.

In Washington, Doug Rohrbeck will now serve as SVP of D.C. News, and will manage the network’s editorial coverage emanating out of the Nation’s Capital. He’ll continue overseeing programs including Special Report w/ Bret Baier and Fox News Sunday w/ Chris Wallace. Additionally, Kerri Kupec has been named Washington Editor, and starts in the role on May 10.

“I am pleased that these dedicated individuals will join FOX News’ leadership team at our headquarters in New York and our largest bureau in Washington,” FOX News Media President/Executive Editor Jay Wallace said. “They will continue to advance our robust news operation and commitment to showcasing diverse perspectives across the network.”

Adam Jacobson

Coming By 2022: ‘5G-ATSC 3.0 Technology’

Radio+Television Business Report
4 years ago

A joint venture of Sinclair Broadcast Group and South Korea’s SK Telecom designed to spur the growth and adoption of ATSC 3.0 by broadcast television in the U.S. is poised to introduce “breakthrough, next-generation broadcasting technology” both stateside and in South Korea by the end of 2021.

The companies’ CAST.ERA is moving forward with the rollout of “OTT broadcast technology,” which just saw successful trials on South Korea’s Jeju Island.

The new technology will enable SK and Sinclair to broadcast ultra-HD (UHD) video with low-to-zero latency to next-generation TVs and mobile devices.

CAST.ERA’s technology is a convergence of telecom’s 5G standard and ATSC 3.0, the new standard set by the Advanced Television Systems Committee for UHD broadcasting.

CAST.ERA, based in Arlington, Va., will provide broadcast solutions to U.S. and Korea distribution companies, including Sinclair’s “major” U.S. television stations as well as Korea media entities Kai Media, ATBiS, DigiCAP and Hasigancom.

When paired with next-generation TVs and mobile devices, the CAST.ERA technology will make it possible for viewers to receive high-quality video, datacasting through OTA (over-to-air), and live TV broadcasts via OTT (over-the-top) platforms at home or on the go with minimal lag in transmission times.

The technology will also enable broadcasters to dynamically insert personalized advertisements during commercial breaks for each viewer via the OTT broadcast service.

The new 5G-ATSC 3.0 technologies being launched include:

  • AI Upscaler – a technology designed to create high-quality broadcast video in real-time by converting and upgrading the broadcast resolution, frame frequency, color gamut, and format through the use of an artificial intelligence learning engine’s operational management.
  • Virtualized Broadcasting Platform – a new technology utilizing cloud and mobile edge computing that successfully operates and remotely controls the transmission system of broadcast stations from a centralized location. Currently, broadcast companies must build dedicated transmission equipment that is manually operated at each local station. This new platform will provide more efficient and economical operations.
  • Zero-Latency OTT – a technology that reduces the delay time for OTT video streaming to a television or mobile device from nine seconds to zero. It can also dynamically insert personalized advertisements for each OTT user during commercial breaks.
  • Datacasting – the introduction of ATSC 3.0 and its robust propagation characteristics will provide this capability, making it possible to distribute large amounts of data via TV broadcast signals.

“We plan to introduce the cloud-based, AI-driven next-generation TV broadcasting solutions into the U.S. market this year,” said CAST.ERA Chief Operating Officer Kevin Gage. “These solutions will help accelerate U.S. broadcasters’ deployment of next-generation TV broadcasting services into the market.”

Launched in early 2020, CAST.ERA combines SK Telecom’s telecommunication technologies with Sinclair’s broadcasting infrastructure and engineering expertise to bring to market all the new capabilities that ATSC 3.0 provides. SK Telecom is Korea’s largest mobile telecommunications provider and launched the world’s first 5G smartphone service. Sinclair is a leading proponent of ATSC 3.0

Sinclair Chief Technology Officer Del Parks commented, “Bringing together the technologies and expertise that these two companies possess will help unlock the huge potential that ATSC 3.0 has for delivering IP content efficiently over large geographic areas covered by our TV signal. These technologies are a game changer. Our new abilities to provide improved viewer experience and access to new business models, like data delivery as a service (Ddaas), is one of the most exciting things to happen to our business since HDTV.”

The companies established a 5G-ATSC 3.0 testbed at Jeju Technopark in South Korea, where the trials were successfully conducted to prove that advanced high-quality broadcasting services were possible. The demonstration began with a transmission from Las Vegas to Jeju Island, where CAST.ERA successfully completed the trials with the Ministry of Science and ICT, Korea Communications Commission (KCC), Korea Radio Promotion Association (RAPA), Electronics and Telecommunications Research Institute (ETRI), Jeju Special Self-Governing Province, Korean broadcasters, and select partner companies.

Another significant event was the demonstration by CAST.ERA with Doosan and MBC of a highly accurate location service that carries GPS position correction data (MBC RTK) on the ATSC 3.0 broadcast frequency and transmits it to a Doosan hydrogen fuel cell drone. The distance recognition of a drone based on today’s GPS location data has an error range of 1 to 2 meters. But through the data correction, it can be reduced to 10 centimeters. This location augmentation technology offers high accuracy and availability in the Korean and U.S. markets, where major ICT industries such as unmanned delivery and smart agriculture are emerging.

“5G and artificial intelligence (AI) technologies bring significant change and opportunity for the future of the global media industry,” said Yoon Kim, Chief Technology Officer at SK Telecom. “The joining of SK Telecom’s telecommunications technology and Sinclair’s service leadership will continue to position CAST.ERA as a leader in the global media technology market.”

— RBR+TVBR Washington Bureau

RBR-TVBR

An In-Person Broadcast Translators Conference Is Confirmed

Radio+Television Business Report
4 years ago

It’s official.

The association representing the interests of broadcast media translator stations will be holding a live, in-person convention next month in Salt Lake City.

BE SURE TO FOLLOW RBR+TVBR ON FACEBOOK!

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Adam Jacobson

‘New Virtual Format, Still Great Content’: The Kagan Media Summit

Radio+Television Business Report
4 years ago

New Media Optimism in the Traditional Video Landscape

That’s the theme for this year’s Kagan Media Summit, which participants will again be enjoying “from the comfort of your home,” due to the continuing concerns tied to the COVID-19 pandemic.

Indeed, the Kagan Media Summit will again be a virtual affair. Still, it intends to deliver at its fullest the latest industry trends, research and data from Kagan, industry overviews, and executive Q&As and panel discussions are already in the planning stages.

For the second consecutive year, registered Kagan Media Summit participants will also receive a PDF copy of the Summer 2021 RBR+TVBR Special Report — the exclusive home to the Broadcast’s Best Financial Leaders rankings for 2021.

What can attendees expect?

Spotlight on the U.S. Broadcast Station Industry

Despite record 2020 political ad revenue, the broadcast station industry faces a transitional year ahead. Gain important insights as we discuss major issues looking ahead.

  • While core ad revenues are improving in 2021 coinciding with local businesses reopening’s and the vaccine rollout, it is not the snapback many had hoped for coming out of the pandemic. Retransmission fee revenue growth has slowed over the past year from traditional subscriber churn, however, renewal rate increases and virtual subscriber growth have mitigated a contraction in distribution fee revenue.
  • But there are opportunities for broadcasters to boost revenues and relevance from increased scale through M&A, Next Gen TV, new diginets, broadcast over-the-top launches for TV and digital streaming to go along new advertising categories including sports betting.

 

Evolution of Television

Traditional and new media companies are battling to find their place in the video market, as consumers move toward non-traditional services and online viewing. Hear how the progression is impacting video strategies, competition, content distribution, and business models to help shape your own decision making.

From now through 4 June 2021, an Early Bird registration rate of $99 is available. To register, please click here to visit S&P Global Market Intelligence.

 

RBR+TVBR is a proud media partner of the Kagan Media Summit.

RBR-TVBR

A NoCal ‘Outlaw’ Lassoed By A New Owner

Radio+Television Business Report
4 years ago

SHASTA LAKE, CALIF. — Travel down U.S. Highway 299 from the Shasta-Trinity National Forest, east of Humboldt County, and you just may spot a broadcast tower on a peak overlooking the Redding, Calif., region.

It’s home to the transmitter of a Class A Classic Country station that’s just been sold.

Cal Hunter, the head of Independence Rock Media in Roseville, Calif., is agreeing to purchase KYCT-FM 92.7, licensed to Shasta Lake.

IRM is getting the station from the Estate of Richard S. Comras.

The transaction is valued at $60,000, and makes KYCT a forthcoming cousin to KRAC-AM & KBLF-FM, serving Red Bluff, due south of Redding along Interstate 5. That’s because Pennco Investment Group, which holds 51% interest in IRM, holds 49% equity interest in the licensee of the Red Bluff combo, Huth-Penney Broadcasting. And, that will soon change, with IRM gaining full control of those stations.

Furthermore, two other assignment of license applications are in the works, which will give IRM the following properties:

 

 

All are commercially licensed stations serving a portion of Northern California stretching from Williams, one hour north of Sacramento, to Lassen County, due east of Red Bluff.

 

— Reporting by Ethan Hunt

RBR-TVBR

Dude, Where’s My Station?

Radio+Television Business Report
4 years ago

RBR+TVBR OBSERVATION

It’s a time-honored tradition. At 5pm Eastern, the 12+ “glamour numbers” reflecting the latest overall ratings — “meaningless data no one sells,” one esteemed radio programming consultant has uttered for years — can be published by the radio industry trade publications rushing to send out eBlasts with the data.

On April 19, with the release of the first batch of Nielsen Audio March 2021 reports, something was peculiar. Two huge stations were missing.

It wasn’t an anomaly. Thursday’s release of March 2021 data from one of the biggest non-PPM markets, Buffalo, immediately put the RBR+TVBR I-Team into overdrive. Several stations were missing from the report. They were subscribers.

What’s the problem?

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Adam Jacobson

Live365 to Distribute Stations on iHeartRadio

Radio+Television Business Report
4 years ago

Select Live365 stations are now available to audio streamers via the iHeartRadio app, a move that significantly increases the visibility and discoverability of Live365 stations and the entire Live365 network of music enthusiasts who fork over a monthly fee to create their own radio stations.

“As we focus on growing the Live365 listening network, we are excited to announce we now have an agreement in place to list select Live365 stations on iHeartRadio’s distribution network,” Live365 General Manager Jason Stoddard said. “Being able to showcase some of our standout stations on iHeart is a testament to the hard work our broadcasters put in to programming quality stations that are not traditionally represented on the radio dial. We will continue to work with world-class distribution companies to help listeners discover the top-notch content available on Live365.”

This agreement is one of the first steps in Live365’s efforts to expand its listening network. Listeners can tune in now to such niche offerings Flood FM, ShaqFu Radio, Smooth Jazz Florida, Amazing Hope Radio, Jack Sonni Guitar Radio and DopeRadioFM.com through the iHeartRadio app.

Live365 stations run minus an algorithm, with automation randomly selecting songs for its members. Running a station on the platform costs some $65 per month.

RBR-TVBR

Key Senate GOP Leaders Seek ‘Improving Spectrum Coordination Act’

Radio+Television Business Report
4 years ago

The ranking member of the Senate Committee on Commerce, Science, and Transportation; along with the lead Republican member of the Subcommittee on Communications, Media, and Broadband; and the ranking member of the Subcommittee on Consumer Protection, Product Safety, and Data Security; have teamed for the introduction of legislation that would require the FCC and the National Telecommunications and Information Administration (NTIA) to update a memorandum of understanding that governs biannual meetings between the agencies to conduct joint spectrum planning.

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Adam Jacobson

Taylor Takes DOS Role for Beasley/Detroit

Radio+Television Business Report
4 years ago

The General Sales Manager for Beasley Media Group‘s Detroit radio station group has been elevated to the role of Director of Sales.

It’s a rise for a woman whose career has heavily involved Classic Rock WCSX, Rocker WRIF, and before that the Motor City stations now owned by Audacy.

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Adam Jacobson

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