Industry News

Gray Media stock lost nearly 26% of their value on Friday. The dip comes in reaction to the broadcast television station owner's third quarter earnings, in which political ad dollars fell short due to changes in expectations in U.S. Senate races. Gray also put a spotlight on "additional cost containment initiatives."

The founder and President/CEO of Spanish Broadcasting System (SBS) will be the focal point of a special tribute during the opening ceremony of this year's XXI World Summit on Political Communication, a major event in the Spanish-speaking media world taking place at Florida International University later this month.

Paramount Global's third quarter earnings report has been released, and while the results topped analysts' estimates, there's a unsettling picture coming to light with respect to the financial performance of its linear television properties.

Senior Republican on the commission says “It is time to change course”

The post Carr Says FCC Should Stop Work on Partisan Matters appeared first on Radio World.

Pittman talks about the benefits of streamlining and cost cutting

The post iHeartMedia Q3: Advertising Recovery Continues appeared first on Radio World.

Aixtream software is supported by VirtualRack

The post Ferncast Partners With Broadcast Bionics appeared first on Radio World.

Personal and corporate donations help fellow broadcasters in need

The post The Broadcasters Foundation Opens Its Year-End Campaign appeared first on Radio World.

In July 2021, an FM translator serving greater St. Louis licensed to Educational Media Foundation began simulcasting the secular News/Talk programming found on the HD3 digital multicast channel associated with KLJY-FM 99.1 in Clayton, Mo. Now, that LMA is being converted into an outright purchase of the baby FM.

In a bit of a first, Gray Media has signed on a single sponsor for a newscast on its FOX affiliate serving Southern Nevada. “We are beyond excited about this partnership and what it will do for our FOX5 viewers,” said Michael J. Korr, VP/General Manager of KVVU-TV in Las Vegas.

For CEO Chris Forgy and his team at Saga Communications, its Q3 call placed a spotlight on the pros and cons of being late to the game on digital revenue generation. Forgy also shared how expenses being incurred today are fueling long-term dollar generation opportunities.