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Distribution fees buoy Nexstar, losses at CW trimmed during Q3
Nexstar Media Group saw its overall revenue climb to a record $1.37 billion during its third financial quarter, boosted by an uptick in political ad spend and healthy distribution fees.
Political revenue offsets subscription declines at TEGNA during Q3
Healthy political advertising income helped offset an ongoing depression in subscription revenue at local broadcaster TEGNA during its third financial quarter.
Overseas growth juices subscriber gains at Warner Bros Discovery
WBD grew its streaming business by 7.5 million global subscribers during Q3; the company's CEO said he's a big believer in bundles.
Tennis Channel to relaunch streaming service as Tennis Channel Plus
The Tennis Channel will relaunch its standalone streaming service to include an expansive on-demand content library, podcasts and live multicourt coverage.
Canadian man arrested for stealing AT&T, Ticketmaster customer data
Police in Canada have arrested a person who is suspected of stealing customer information from around 165 companies, including AT&T and Ticketmaster.
Canada says TikTok must dissolve domestic business
Canadian citizens will still be allowed to use TikTok on their personal devices, but the company won't be allowed to maintain offices in the country.
Media industry groups congratulate Trump after election victory
Public interest groups and commercial service providers sent their well-wishes to President-elect Donald Trump and the incoming Republican Congress.
Filing details Paramount CEO’s pre-merger talks with WBD, Allen Media
The media giant settled on a tie-up with Skydance Media, but not before holding talks with others.
Fox News, ABC News grab highest ratings with 2024 Election Night coverage
MSNBC scored a major win, with its overall Election Night viewership topping CNN for the first time in TV history.
Vizio platform revenue climbs to $197 million during Q3
Gross profit jumped 13 percent, buoyed by an uptick in new customers and advertising.
Sinclair sees political revenue jump 31 percent in Q3
Sinclair saw significant gains in its affiliate fee and political advertising revenues during the company's third quarter of the year.
Broadcasters, telecoms get major win with apparent Trump victory
When it comes to regulation, broadcasters and telecoms feel their odds are better with a Republican in the White House.