TV Execs Push to Include Out-of-Home Viewing in Ratings

Local TV station executives are increasingly aware that viewers watch content on all kinds of devices. Accordingly, NBCUniversal and Hearst have stopped using traditional ratings and switched to total viewer impressions, which will count all the ways a show is viewed. Other local TV groups vowed to do the same by 2020. At the same time, national TV executives also plan to add in those who view shows outside the home, in offices, hotels and the like, into final ratings. Nielsen has long dominated ratings of linear TV viewership. Continue reading TV Execs Push to Include Out-of-Home Viewing in Ratings

Tribune Deal to Make Nexstar Top Local TV Operator in U.S.

Texas-based Nexstar Media Group has inked a deal to acquire Tribune Media for about $4.1 billion, which will make Nexstar the largest local U.S. TV operator. The news comes on the heels of Sinclair Broadcast Group’s thwarted deal to purchase Tribune for $3.9 billion, which fell through due to regulatory issues. According to sources, Nexstar made an all-cash offer for Tribune, valued at around $46.50 per share. The company, which has a market capitalization of $3.8 billion, was also able to outbid private equity firm Apollo Global Management. Continue reading Tribune Deal to Make Nexstar Top Local TV Operator in U.S.

Gray Television, Raycom Media to Merge in $3.6 Billion Deal

Gray Television and Raycom Media jointly announced plans to combine their companies in a $3.65 billion cash-and-stock deal. Gray will acquire Raycom for $2.85 billion in cash, $650 million in a new series of preferred stock, and 11.5 million shares of Gray common stock. After spinning off nine stations, the combined company will operate 142 stations in 92 markets. Raycom president and CEO Pat LaPlatney will become Gray’s president and co-CEO, while Gray’s current chief Hilton Howell will serve as executive chairman and co-CEO.

Continue reading Gray Television, Raycom Media to Merge in $3.6 Billion Deal

Meredith Expands its National Reach with Time Inc. Purchase

Over the weekend, the Meredith Corporation agreed to an acquisition of New York-based Time Inc. in an all-cash deal worth $2.8 billion. The deal includes a $650 million infusion from the private equity arm of billionaire brothers Charles and David Koch. Through its National Media division, Iowa-based Meredith owns popular magazines such as Better Homes & Gardens, Family Circle, Living and Shape. The purchase will add notable publications including People, Sports Illustrated and Time to the Meredith line-up. The company’s Local Media division owns a collection of TV stations. Continue reading Meredith Expands its National Reach with Time Inc. Purchase

FCC Reverses Decades-Old Media Cross-Ownership Rules

As expected, the Republican-led FCC voted 3-2 along party lines yesterday to reverse the media cross-ownership ban. Now, an individual company will be permitted to own TV and radio stations and a newspaper in the same town. Changes to the rules, which were originally created to prevent individual entities from holding an unwanted amount of power over local news and information, also makes it possible to increase the number of TV stations that a single company can own in a given market. The deregulation was largely supported by broadband, cable and media companies, while opposed by consumer advocates concerned about the future of local news and diversity of expression. Continue reading FCC Reverses Decades-Old Media Cross-Ownership Rules

FCC Reveals Plan to Roll Back Local Media Ownership Rules

The FCC plans to change rules regarding local media ownership, claiming the 42-year old rules are now outdated. FCC chair Ajit Pai revealed yesterday during a congressional hearing that there will be a vote next month to loosen current rules that prevent companies from owning a newspaper and a broadcast station within the same market. The rules originally intended to guarantee diversity of expression while aiming to curb undue influence over public opinion by an individual or single company. Democratic lawmakers voiced opposition during the hearing, but Pai defended the proposed plan and other recent deregulatory moves. Continue reading FCC Reveals Plan to Roll Back Local Media Ownership Rules

Sinclair Broadcast Group to Acquire Tribune Media Company

Maryland-based Sinclair Broadcast Group announced it will acquire the Tribune Media Company, which owns 42 television stations across 33 markets. Chicago-based Tribune also owns cable network WGN America, digital multicast network Antenna TV, and holds minority stakes in Food Network and CareerBuilder. Sinclair has agreed to pay $3.9 billion for Tribune ($43.50 per share), plus the assumption of $2.7 billion in debt. According to the Chicago Tribune, “The combined company will become a TV broadcasting behemoth, owning and operating 233 television stations in 108 markets, pending any required divestitures by the FCC.” Continue reading Sinclair Broadcast Group to Acquire Tribune Media Company

NAB 2017: FCC Chair Ajit Pai Vows to Trim Dated Regulations

In his first appearance at NAB, FCC chair Ajit Pai got a warm welcome from broadcasters who liked what they heard. Pai promised to promote ATSC 3.0, also known as “next gen TV,” prune out regulations that are out-of-date or present obstacles to broadcasters, and tweak others. “Inertia is a powerful force in government,” declared Pai, who said he was “fundamentally optimistic” about broadcasting’s future. “There are close to 1,000 pages of broadcast rules, many of them decades old, and I’m trying to change that.” Continue reading NAB 2017: FCC Chair Ajit Pai Vows to Trim Dated Regulations

Google Competes with Customers for Prime Online Ad Space

Google is among the biggest buyers of its own ads and the Silicon Valley titan is increasingly pushing its own hardware products — from Nest smart-home thermostats to the new Pixel phones — on its own site. Now a recent study shows that Google gives its own ads and those of its affiliate companies the most prominent placement nearly all the time. Google isn’t the only company competing with its customers for online ad space; Facebook and Microsoft fall into that same category. The digital advertising industry is valued at $187 billion. Continue reading Google Competes with Customers for Prime Online Ad Space

FCC Spectrum Auction Begins, Transition to Take Four Years

As the airwaves are increasingly crowded by wireless data, the Federal Communications Commission devised a “broadcast incentive auction” to convince TV broadcasters to sell spectrum that would be used to expand wireless airwaves. By the end of this month, the FCC’s early round of the auction is expected to be complete, but the entire plan won’t likely be completed before 2020. By acting as middleman, the FCC stands to make billions of dollars, which will pay for the auction; the rest will go to the government. Continue reading FCC Spectrum Auction Begins, Transition to Take Four Years

FCC Says TV Spectrum Incentive Auction to Cost $226 Million

The Federal Communications Commission reports that the auction of 600 MHz broadcast TV spectrum in 2016 should cost about $226 million in administrative costs. The FCC finally released the rules relevant to the auction, after it postponed its vote on them in July. The auction will have two parts: first, the reverse auction, which enables broadcasters to accept opening bids if they want, and second, the forward auction in which wireless companies bid on TV spectrum that broadcasters release in the first auction. Continue reading FCC Says TV Spectrum Incentive Auction to Cost $226 Million

Nielsen is Finally Going Electronic, Diaries on Their Way Out

Ratings service Nielsen is starting to replace its traditional paper diaries with electronic devices it has developed to measure local TV viewership. Nielsen’s diary-based system, which has been in place in varied formats for at least 60 years, will eventually be retired. To start, the dismantling will affect 14 of the 154 markets in which hand-written viewing diaries are still used to collect data. The new devices will “listen” to the audio portion of shows that are being viewed by consumers. Continue reading Nielsen is Finally Going Electronic, Diaries on Their Way Out

CTIA 2014: FCC Chair Talks Net Neutrality, Spectrum Auction

CTIA, The Wireless Association, kicked off its Mobility Week in Las Vegas with a keynote address by FCC Chairman Tom Wheeler who spoke candidly about net neutrality, competition and the upcoming spectrum auction. Wheeler, who was CEO of CTIA from 1992-2004 and has been criticized by some consumer groups for his previous alliance, made it clear that in an environment where a vast and growing majority of Internet access is via mobile that a free and open Internet is vital. Continue reading CTIA 2014: FCC Chair Talks Net Neutrality, Spectrum Auction

NAB Files Lawsuit Over FCC’s Auction Rules for TV Airwaves

The National Association of Broadcasters filed a lawsuit yesterday in response to the FCC’s plan to auction airwaves next year. NAB argues that the spectrum reverse auction, the first of its kind, would negatively impact TV stations financially and reduce coverage areas. The auction would allow stations in large cities to accept bids so their spectrum can be resold to wireless carriers for mobile broadband. Participating stations can close shop or move to another channel with fewer airwaves. Continue reading NAB Files Lawsuit Over FCC’s Auction Rules for TV Airwaves

ABC Video App Provides 24-Hour News for Apple TV Users

The ABC News video app, which launched yesterday on Apple TV, gives viewers access to 24-hour news coverage, from ABC News TV show segments to live video feeds from the International Space Station. This is the first time that ABC has offered 24-hour news because the news outlet does not have its own news-only channel. Apple TV users can browse video by topic or show, and the ABC News app even features content from local ABC-owned stations. Continue reading ABC Video App Provides 24-Hour News for Apple TV Users