FIRST ON THE DESK
California AG unwilling to approve concessions to avoid trial on Nexstar-TEGNA deal
California Attorney General Rob Bonta said the state wants Nexstar’s acquisition of TEGNA blocked, citing concerns about higher consumer prices and less competition in the TV space.
Gray Media revenue slips in Q1 as political ad sales surge
Political advertising and core ad sales helped offset pressure from retransmission revenue and subscriber declines.
Special Coverage: Media Earnings
Fox rakes in nearly $4 billion in revenue during fiscal Q3
The lack of a Super Bowl event this year compared to last weighed on television revenue, but TV-related EBITDA increased during fiscal Q3.
Streaming News
California AG: “Red flags everywhere” in Paramount-Warner Bros deal
California Attorney General Rob Bonta said the state is still weighing whether to bring a legal challenge against Paramount over its proposed acquisition of WBD.
Policy & Law
California AG unwilling to approve concessions to avoid trial on Nexstar-TEGNA deal
California Attorney General Rob Bonta said the state wants Nexstar’s acquisition of TEGNA blocked, citing concerns about higher consumer prices and less competition in the TV space.
Radio & Television News
Sky Italia seeks damages from DAZN-TIM soccer deal
Comcast’s Sky Italia has filed an antitrust lawsuit accusing Telecom Italia and DAZN of violating local laws there.
Sports Desk
Fox rakes in nearly $4 billion in revenue during fiscal Q3
The lack of a Super Bowl event this year compared to last weighed on television revenue, but TV-related EBITDA increased during fiscal Q3.
Advertising & Data
DIRECTV Advertising launches new “Metaphor” campaign tied to Upfronts
The campaign includes digital out-of-home placements, experiential activations, digital video, trade publication ads and social media marketing
Special Coverage: NextGen TV
Appeals court sides against LG in NextGen TV patents lawsuit
The patent issue involving LG comes as federal regulators consider a nationwide transition to NextGen TV by the end of the decade.
Europe & UK
Sky Italia seeks damages from DAZN-TIM soccer deal
Comcast’s Sky Italia has filed an antitrust lawsuit accusing Telecom Italia and DAZN of violating local laws there.
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Four years in, free streamer Fox Weather evolves into public safety resource
With wide distribution and a commitment to free, live coverage, the channel has become a trusted source before, during and long after climate emergencies.