On Wednesday, the newly elected Governor of Indiana signed Executive Orders focused on investing in a "healthier Indiana." That's caused alarm among broadcasters across Indiana, as important advertising revenue has all been put to a stop for radio and TV stations from Gary to Clarksville and everywhere in between.
How will the final three months of 2024 fare for Sinclair Inc., the broadcast TV station licensee that is shepherding the transition to ATSC 3.0 and is also the parent of companies ranging from Dielectric to Main Street Sports Group, parent of the FanDuel-branded regional sports network operation? All will find out on February 26.
The company led by Hilton Howell Jr. and Pat LaPlatney will share its results with analysts and investors during an 11am Eastern earnings call on that Thursday, following calls from Nexstar (at 10am Eastern) and TEGNA (at 9am Eastern). What can investors expect to hear from the Gray C-Suite?
A 50kw Class A AM radio that began broadcasting in Philadelphia on December 3, 1934, at 1020 kHz, is preparing to celebrate six days of informing the Delaware Valley without cessation through its all-news programming. And, it will see the celebration extend to an FM simulcast partner added in late November 2020.
Publicly traded media and telecommunications companies in the US and Canada collectively raised a three-month high through capital offerings in December 2024. That said, the findings from S&P Global Market Intelligence show November and October 2024 to each be very, very low, compared to any other month last year.
Fox Corporation’s free ad-supported streaming television "FAST" service has inked a deal with iHeartMedia that brings a popular nationally syndicated radio show targeting fans of hip-hop and R&B to viewers.
As a matter of fact, she's staying on with Hearst Media Production Group (HMPG) for forthcoming new projects. That said, "Matter of Fact with Soledad O’Brien" will conclude its tenth and final season in national syndication in August.
Adam Jacobson
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