Tag: Media Business

Out of the 14 media companies listed on the Media Distributor Gauge, nine of them have demonstrated monthly shifts up or down by one-tenth of a share point.

Fox News mobile app reached 6.5 million unique visitors during the month.

"It's clear that the industry is in the middle of a transition. And broadcasters have to evolve."

The top advertising podcasts were Sports (11 of 15), while True Crime, Comedy, News, and Science each saw one advertiser in the top spenders of October.

2024 saw the most expensive Senate race in history with $477 million spent in Ohio alone.

"Jeff Bezos just recently did an op-ed where he said that Americans don't trust the news media. He said now they're the least trusted of all. And I think he's speaking a lot of truth there."

Despite the more than 3% gains for broadcast TV in recent months, it still lags behind cable and streaming.

"We are excited to continue our work with the chairman-designate to level the playing field and remove regulatory barriers that impede investment in local broadcast newsrooms."

He added a thank you to X CEO Linda Yaccarino and the rest of the company's advertising sales unit for "your hard work in restoring confidence in our platform and ensuring that advertising content only appears where advertisers want it shown."

Radio was down 3.6%, while cable TV dropped 13.3%. Digital advertising also saw a decline of 4.1% during the quarter.