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The latest stories published on The Desk.
Senate votes to strip $1.1 billion in funding from PBS, NPR stations
The U.S. Senate on Thursday narrowly approved a measure that eliminates more than $1 billion in federal funding from public radio and television stations across the country.
WARC: Reddit to grow advertising revenue to $1.8 billion in 2025
Reddit accounts for a fraction of overall social media spending, but its platform revenue is expected to grow substantially over time.
Breezeline parent Cogeco reports flat revenue during Q3
Cogeco reported flat revenue during Q3; the company is hoping to boost the stickiness of its broadband service with a new wireless offering.
SES finalizes Intelsat merger after FCC approval
SES and Intelsat have closed on their merger after receiving FCC approval to transfer radio spectrum licenses from one company to the other.
Mediaocean: Connected TV sees strong interest among ad buyers
Marketers are continuing to prioritize streaming apps and platforms within their budgets; social media and digital ad buys also remain strong.
Sky Group, ITV renew channels, platforms agreement
The deal means ITV's linear channels and streaming platforms will remain available to Sky's satellite and streaming customers in the years to come.
Gray Media stations to televise Central Texas flood documentary
Gray Media stations across Texas will air a half-hour documentary on the devastating storm and floods this Friday.
Parks Associates seeks speakers, papers for Future of Video conference
Parks Associates has announced the agenda and issued a call for speakers and papers for its 8th annual "Future of Video: Business of Streaming" conference.
RCA to begin using Samsung’s Tizen OS in smart TVs
Tizen-powered RCA TVs will begin shipping in the U.S., Canada and Mexico later this year; other manufacturers will also integrate Tizen into smart TVs sold in Europe and Australia.
TVOT Interview: KPIX GM Scott Warren on CBS AR/VR studios, pursuing local sports rights
KPIX became the first station to develop and deploy a new AR/VR studio for its news broadcasts, creating a new form of local storytelling and influencing other CBS stations to do the same.
Broadcasters losing ad revenue due to AI recommendations
Marketers who use generative AI tools to plan their budgets are being pushed away from broadcast TV and radio at an alarming rate, Futuri revealed.
Traditional TV share declines in Nielsen’s “The Gauge” for June
Americans continued to tune out of traditional forms of television in favor of streaming apps and services in June