Radio+Television Business Report

A digital low-power television station presently airing non-secular programming is being sold to another broadcaster focused on spreading the word of Christ. 

It was on September 6 that the FCC established a pleading cycle inviting public comment in the proposed transfer of control of CBS News & Stations parent Paramount Global from controlling shareholder National Amusements Inc., to investors in Skydance Media. Now, a new pleading cycle has been established. Here's why.

You have until 5pm Eastern on Tuesday, November 18, to select your choices for RBR+TVBR's fourth annual "Broadcast Media's Top Tech Leaders" ranking. Take a moment NOW to choose up to three nominations, so you don't miss our deadline!

The holiday shopping season has arrived, and one major department store brand has stepped up its Spot Cable activity to help lure customers, the latest Media Monitors Spot Ten Cable report shows.

Come December 1, new local leaders will be taking over the reins for Gray Media-owned broadcast television stations in Presque Isle, Me.; Hazard, Ky.; and Topeka, Kan., respectively.

The company helmed by CEO Bob Pittman and COO/CFO Rich Bressler seeks more time to repay its lenders by proposing to push out its repayment dates by at least three years. In order to accomplish this, two lender proposals have been drafted. Each would see a significant hike in interest rates in order to gain more time for repayment.

Pending regulatory approval, two Kentucky FMs, an AM and two FM translators will become part of a collection of Bluegrass State radio properties tied to the CEO of QUU Inc. who is also the former NAB Joint Board Chairman and EVP for Industry Affairs and Strategic Planning. Cantrell's group is getting something in return.

The Market President for iHeartMedia's Seattle-Tacoma radio stations, an individual who rose to the post in November 2020 after seven years in ascending sales roles, has tacked on similar duties for the company's Spokane properties by rising to Area President for Washington.

Is it an existential threat to broadcast radio and TV, or is it a potential investment or partnership opportunity? New data from Pew Research Center suggest either may be of consideration, as nearly 40% of young adults queried say they get news from influencers on social media.

A 21-year-old broadcast television station licensee of properties in six markets across the eastern U.S. — all operated through a shared services agreement with Gray Media — has renewed and expanded its multi-year services agreement for local TV measurement with Nielsen.

For weeks, the rise of Brendan Carr to FCC Chairman — should President Trump return to the White House — has been discussed as a foregone conclusion. On Sunday evening, President-Elect Trump turned the rumors into reality.

In the San Francisco Bay Area, conservative talk programs been heard on a 5kw AM radio station with a transmitter in the Pier 94 wetlands. Come Monday, this longtime Talker and one-time flanker to a News/Talk station at 810 kHz is moving to that bigger frequency, displacing the sports wagering programming that supplanted what was before that KGO.

A belated License to Cover application filed by the owner of a low-power television station serving Key West, Fla., has yielded a proposed fine that's bigger than similar occurrences. Why? Their extreme tardiness was singled out by the head of the FCC Media Bureau's Video Division.

A Class A FM serving the upper half of New York's Capital District is changing hands, with Briton Ricki Lee signing off on a deal that will put the facility in the control of Todd Nixon, pending regulatory approval.

Aaron Ishmael and Karl Lieber are jumping for joy: They've just made a deal to acquire an AM with an all-important FM translator serving an area of Northeastern Colorado as "Jump 104.5." The deal ensures Ishmael stays in the market, as the station he previously leased was sold in July to a Hispanic media operation.

The Walt Disney Company's Entertainment segment saw its fiscal Q4 revenue grow by a healthy 14% year-over-year. However, a closer look at the results indicates the growth was largely due to Disney+ and OTT platforms; and content sales and licensing dollars. For the linear networks, challenges abound.

The E.W. Scripps Co. is ready to shift its Scripps News operation to an all-streaming approach. This will see a new lineup starting Monday — one the publicly traded company believes "will give viewers crucial daily information, providing live in-depth storytelling on the biggest events across the country" with a team one-quarter the size. 

The Major League Baseball club has revealed who will take the retired John Sterling's mic alongside Suzyn Waldman when the 2025 season starts. Earning the prestigious role is an individual who has spent the last 18 seasons as the lead TV play-by-play voice of the Seattle Mariners baseball club.

The individual who serves as VP/General Manager of Cox Media Group's Miami Valley radio and television stations has been appointed SVP and Chief Sales Officer of the Apollo Global Management-controlled company's TV properties. 

The longtime face behind the Augusta Radio Fellowship Institute has signed off on an agreement that will see it part ways with an AM radio station and its FM translator companion in the South Carolina city of Greenwood.