Special Coverage: Media Earnings

Urban One narrows Q2 loss despite revenue decline
Ongoing issues with radio and television advertising revenue, coupled with pay TV subscriber losses, impacted nearly all financial line items.

Scripps preparing layoffs as local stations move toward automated systems
The E. W. Scripps Company is readying the issuance of pink slips at several of its local television stations across the country as the broadcaster finalizes some of its transactions and installs new automated systems at a few of its news-producing outlets. Starting last week, executives at some of the affected stations held readiness meetings with newsroom, creative services and sales workers to inform them about the changes, according to three sources who spoke with The Desk on background. Those meetings continued on Monday and are expected to conclude by the end of the week. Among the topics covered in the readiness meetings was an ongoing initiative at Scripps to incorporate more automated systems into the company’s local news and creative services processes, some of which involve artificial intelligence, the sources said. As part of the transformation, a number of … Read more

FCC vote on ownership cap coincides with broadcast-related financial earnings releases
Several companies with deals pending before or approved by the FCC will release their Q2 earnings on Thursday, the same day as a vote on the broadcast ownership cap.

Fox Advertising extends partnership with iSpot
The partnership has been used to measure results across Fox’s, helping ad buyers better understand their financial investments and related outcomes.

Apollo Global completes acquisition of StreamTV parent Questex
In the coming months, Questex and another B2B publication and live events producer Emerald will merge their operations, Apollo said.

Amazon pulls ZapperBox from online store over unfounded TV piracy concerns
BitRouter, the company that makes the ZapperBox, believes Amazon is confusing its certified live TV device with boxes that enable piracy.














