Through attorneys Michael DelNero and John Cobb at Covington & Burling, The Walt Disney Company last week asked the FCC to dismiss DirecTV's "Good Faith" complaint without delay, slamming the company poised to merge with Dish for its "baseless" filing with the Commission.
In an intriguing turn of events, the bankrupt Diamond Sports Group, which operates regional sports networks through a licensing agreement with Bally, has asked a Houston federal bankruptcy court to approve an amended plan that would erase its Major League Baseball agreements as of December 31, 2024.
Some 75 individuals across ABC News and the ABC Owned Stations broadcast TV group held by The Walt Disney Company are reportedly losing their jobs, as part of a fresh reduction-in-force effort at the Burbank-headquartered company.
The President of News at The E.W. Scripps Co. will exit the broadcast TV station ownership at the end of 2024. Her pending departure is a move tied to the November 16 end of Scripps News' 24/7 channel, announced on Friday by the Cincinnati-headquartered company.
An asset purchase agreement that sees the sale of a UHF station in Rapid City, S.D.; two LPTV stations and a TV translator station in Wyoming; and a TV translator in another South Dakota community has officially closed. As such, the parent of "NewsCenter1" no longer owns the properties, earning $5.9 million for them in a deal brokered by Kalil & Co.
First-time TV advertisers are achieving "significant and sustained" mid-funnel results once they launch their campaign. That is the big-picture takeaway from a just-released Video Advertising Bureau report that probes some 230 first-time TV advertisers and the all-important ROI they seek when securing an ad buy.
Adam Jacobson
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