Tag: TV Business
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Nexstar Media Group Reports 12% Revenue Decline in 2025’s 3rd Quarter
"Our core business is performing well, with stable year-over-year distribution and non-political advertising revenue and strong expense management resulting in lower year-over-year operating expenses."
Paramount Skydance CEO David Ellison: Layoffs ‘Necessary’ to ‘Strengthen Our Focus on Growth’
"We are phasing out roles that are no longer aligned with our evolving priorities and the new structure designed to strengthen our focus on growth."
Broadcast TV Sees Rebound in August Thanks to College Football, Nielsen Data Shows
The FOX broadcast featuring Ohio State playing Texas drew more than 16 million viewers, while three other broadcasts on ABC eclipsed more than 10 million viewers.
Nexstar Media Group CEO Perry Sook: Purchasing TEGNA Makes Us ‘A Stronger Company to Attempt to Compete with Big Tech’
“We don't think anyone wants their news delivered by a chatbot..."
Nexstar Media Group to Purchase TEGNA in $6.2 Billion Deal
Once the deal is closed, Nexstar Media Group will then have 265 TV stations in 44 states and the District of Columbia.
Nexstar Media Group Revenue Drops 3% During 2025’s 2nd Quarter
Nexstar pointed to the lack of political advertising as reason for why its advertising revenue declined by 9%.
FOX Announces Release Date, Pricing Details for New FOX One Streaming Service
FOX One will include live and on-demand access to content from across the company’s full portfolio of brands.
FOX Corp. Sees 2nd Quarter Revenue Rise to $3.3 Billion
Advertising revenue grew by 7% at FOX Corp. during the quarter.
Tucker Carlson, Clayton Morris Criticize Cable News Networks, Predict Industry Collapse
“The idea that people are going to pay for a cable subscription in order to get their CNN or Sean Hannity—that’s dying.”
Scripps Sports President Brian Lawlor to Receive 2025 Golden Mic Award from Broadcasters Foundation of America
The Golden Mic Award is given annually to an individual for their excellence in and commitment to broadcasting, and their ongoing service to the community at large.