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.
Optimum posts wider loss during Q1, mobile grows
Optimum reported lower overall revenue during Q1 as ongoing broadband and video losses offset gains in its wireless business.
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
CNN launches “lifestyle” app for weather forecasts
After registration, the CNN Weather app promises contextual weather forecasts, coupled with expert analysis from a fleet of meteorologists and reporters.
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
Scripps narrows Q1 loss as local TV revenue offsets decline at national networks
The company reported $517 million in revenue and said its sports strategy, station sales and transformation plan are helping reduce leverage and reshape the business.
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.
Best of TheDesk.net
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.