Industry News

The National Association of Broadcasters wants speaker proposals for the upcoming NAB Show, which this year will be held in October.

“NAB Show seeks submissions regarding expert-led discussions from prospective presenters with fresh ideas and unique perspectives on key trends and technologies driving the future of media and entertainment,” it announced.

For the Broadcast Engineering and IT Conference it hopes for proposals on technology trends including IT- and IP-based systems and the incorporation of artificial intelligence and machine learning, “as well as on next-generation systems throughout the media-delivery ecosystem.”

The deadline for speaking proposals is April 30.

The post NAB Issues a Call for Speakers appeared first on Radio World.

Investors appear a tad nervous about the full reopening of the U.S. economy from the year-long COVID-19 pandemic.

And, if any setback occurs, companies with the most fragile profit plans are the most vulnerable. Is Entercom Communications among that group of companies? Tuesday’s Wall Street performance suggests the answer is yes.

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Following Monday’s Closing Bell on Wall Street, ViacomCBS shares topped $100 a share — an incredible feat for a company whose stock bears a 52-week low of just $11.85.

Now, the powers that be at Spongebob’s employer are responding to the incredible growth of ViacomCBS stock by initiating a mammoth $3 billion equity offering.

Specifically, ViacomCBS commenced concurrent offerings of $2 billion of its Class B common stock and $1 billion of its Series A Mandatory Convertible Preferred Stock.

Furthermore, ViacomCBS granted the underwriters separate 30-day options to purchase up to an additional $300 million of Class B common stock and up to an additional $15 million of Series A stock. In the latter, such a transaction would occur solely to cover over-allotments, if any.

ViacomCBS says it intends to use the combined net proceeds from the offerings for general corporate purposes, including investments in streaming.

Each share of Series A stock will have a liquidation preference of $100.00 per share.

And, unless earlier converted, each share of this Mandatory Convertible Preferred Stock will automatically convert into a variable number of shares of Class B common stock on April 1, 2024 — subject to postponement for certain market disruptions or other events.

The conversion terms, dividend rate and other terms of the Mandatory Convertible Preferred Stock will be determined at the time of pricing of the Mandatory Convertible Preferred Stock offering.

ViacomCBS intends to apply to list the Mandatory Convertible Preferred Stock on the Nasdaq Global Select Market under the symbol “VIACP.”

Morgan Stanley and J.P. Morgan are acting as joint book-running managers for the offerings.

The announcement cooled off ViacomCBS’s hot growth on the Nasdaq market, with shares in VIAC off 5.7% at 2:50pm Eastern, to just below $95 a share.

Still, it was February 26 when shares were trading at $61.35. Across September and October 2020, VIAC was mired in the $28 range.

Then came the 2020 U.S. Presidential Election, and slow, steady improvement. When VIAC really began to rocket ahead was at the start of 2021.

Viacom’s shares are up 154% year-to-date, should today’s closing price remain in the $94.50 range.

Thus, The Motley Fool‘s reporting that ViacomCBS shares “crashed again today” is simply false, when one looks at the full trajectory of the company’s performance since Viacom and CBS Corporation reunified.

He’s been the VP/GM of the NBC affiliate serving Colorado Springs and Pueblo for the last decade.

Starting April 12, he’ll be overseeing a co-owned FOX affiliate in the fastest-growing portion of the Sunshine State, a place where he’s spent much time across his 30-year career.

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You’ve seen it. Your morning show hosts have likely discussed it.

That horribly embarrassing Zoom gone wrong has become the stuff of lore, likely to represent an indelible look at COVID-19 times in the decades to come.

How can you and your colleagues prevent a repeat of these Zoom fails? Veteran public relations executive Rosemary Ravinal has some great advise to share on preventing you — or perhaps your more well-known team members — from becoming the latest social media humor vehicle.

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The Audio Engineering Society will conduct a series of webinars explaining how its audio standards process works.

The series is hosted by its Standards Committee. It promises to “illuminate the inner workings of the often complex, yet necessary, set of rules by which engineers and equipment manufacturers abide and the increasingly important role of the AES and its work to establish audio standards and practices that ensure interoperability worldwide.”

[Read: AES’ Prez Wyner Starts Term]

AES members can register for live interaction with the presenters, while non-members can watch a live stream of the event on the AES YouTube channel.

“The webinar will also provide opportunities for individuals to become involved in the ongoing proposal and establishment of working audio protocols,” AES stated.

The announcement was made by AES Standards Committee Chair Bruce Olson, who said the series should help demystify the standards development process.

A webinar on March 29 will discuss the current development of a procedure for loudspeaker test and measurement using a music simulation test signal called M-Noise.

On May 17, Nicolas Sturmel will discuss using AES67 over wide-area networks, the focus of the SC-02-12-M Task Group.

On July 26 Bill Whitlock will discuss ongoing initiatives on analog system interconnection standards in the SC-05-05 Working Group.

In the fourth webinar on Sept.20, Anthony Kuzub will discuss the new AES72 standard from SC-05-02 for transporting either analog or digital audio over quad twisted pair cable, including documentation of RJ45 connector pin-outs.

The post AES Webinars to “Demystify” Standards Process appeared first on Radio World.

The company founded by Daniel Anstandig devoted to AI-driven audience engagement and sales intelligence tech platforms for media, has selected a new Chief Technology Officer.

Now in the CTO slot at Futuri is Jason J. Sosa.

This puts Sosa in a leadership position in which he will oversee Futuri’s product team and work cross-functionally to develop new features, technologies, and products.

Sosa is the founder and, most recently, CEO of Blackbox AI, an innovation advisory for platform development, remote work, and strategy. Sosa is also a recognized speaker, having participated in TEDx (4 times), MIT Enterprise Forum, and Carnegie Mellon Silicon Valley.

WASHINGTON, D.C. — Buried within an asset purchase agreement filed Tuesday (3/23) with the FCC is the usual information reflecting the legal counsel representing both buyer and seller. For the buyer, the lawyer’s name is a very familiar one. However, there was one major eye-popping difference from prior filings featuring this attorney’s name — she’s at a new law firm.

So is a former colleague, as both communications law experts have set up shop at BakerHostetler.

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Its mission is simple: To re-purpose 600 MHz and other spectrum and rapidly deploy a world-class 5G network in the United States.

This could explain why the individual behind Landover Wireless, a 30-year veteran of the global wireless telecommunications industry, has decided to part ways with 20 unbuilt LPTV construction permits.

The buyer? An individual with a presence stretching from the Grand Strand through Georgia’s Coastal Empire.

Laurence Zimmerman and his Landover 2 LLC have struck a deal to send the unbuilt LPTVs to Jeff Winemiller, and his Lowcountry 34 Media.

The stations trading hands are as follows:

Winemiller, who is based in Beaufort, S.C., near Hilton Head Island, is paying $850,000 for the CPs; a $150,000 deposit has been made by the buyer.

The broker involved in this transaction: Greg Guy of Patrick Communications.

The legal counsel in this deal has its own bit of newsworthiness: While veteran Aaron Shainis of Shainis & Peltzman represented Landover 2, Davina Sashkin served as Winemiller’s attorney at her new firm — Baker Hostetler. She had been with Fletcher Heald & Hildreth as recently as January 2021.

The sale of the LPTV CPs for Zimmerman concludes a spectrum license play for Landover Wireless; Zimmerman acquired and developed national and regional footprints of 38 GHz, 3.5 GHz, 2.6 GHz and 1600 MHz/MMDS licenses across the last three decades and developed strategic relationships creating additional value in the spectrum assets.
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Zimmerman is also known for founding Advanced Radio Telecom Corp., which became Fiber Tower and was ultimately sold to AT&T; and National Wireless Holdings Inc. He was also an early seed investor and one-time largest individual shareholder of Winstar Communications, which became StraightPath and was ultimately sold to Verizon.

Programmatic video platform Tremor Video is close to bringing to market a new data-driven TV Intelligence offering that builds on the company’s Connected TV (CTV) and addressable TV measurement and cross-platform targeting efforts.

The product, the company says, allows advertisers to reach “the most relevant consumers with precision using a greater breadth and depth of audience data assets.”

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