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The latest stories published on The Desk.
Nexstar CEO open to settling antitrust lawsuit over TEGNA merger
During a conference call on Thursday, Nexstar CEO Perry Sook said he is open to a settlement in its ongoing antitrust case over the TEGNA merger.
Nexstar revenue reaches record $2 billion in Q2 boosted by TEGNA acquisition
Nexstar is already seeing financial windfalls from its acquisition of TEGNA, despite an ongoing legal challenge that largely requires them to remain separate operations.
EARNINGS REPORT
FCC votes to end broadcast TV ownership cap
By a 2-1 vote cast along party lines, the FCC adopted a proposal that eliminates the 39 percent ownership cap on broadcast TV stations, inviting possible legal challenges.
FIRST ON THE DESK
Viewpoint: Consumers are redefining the value of pay TV
Parks Associates Director Michael Goodman examines how consumer subscription and viewership trends are influencing all elements of the premium TV ecosystem, from subscription streaming to cable TV.
By:
Michael Goodman, Parks Associates
GUEST COLUMN
Hearst to acquire full ownership of A+E Global Media
Hearst has agreed to acquire Disney's equity stake in A+E Global Media, the companies announced this week.
KNBR lays off 49ers radio announcer Greg Papa in staffing shake-up
KNBR has laid off its two long-time mid-day show hosts Greg Papa and Greg Silver as part of a broader staffing shake-u
FIRST ON THE DESK
Sinclair revenue rises 7 percent during Q2 as political advertising surges
Sinclair saw strong momentum from political advertising uptake and viewership of the FIFA World Cup on its local Fox affiliates.
EARNINGS REPORT
Maryland Congressman Jamie Raskin warns FCC against probe into ABC’s TV licenses
Raskin said federal lawmakers might bring more heat to the FCC in the future if it continues to carry out politically-motivated attacks against broadcasters.
Disney’s ABC, ESPN sell out advertising inventory for Super Bowl LXI
The sell-through was achieved earlier than some of Disney's peer broadcasters in prior-year Super Bowls, despite not having the championship game for two decades.
SUPER BOWL LXI
Fubo begins to right the ship under new CEO Alisa Bowen
The company narrowed its quarterly loss and saw revenue gains in North America, its key market overall.
EARNINGS REPORT
Disney announces content pact with TikTok
The pact comes at a time when all major entertainment companies are trying to figure out how to tap into creator-driven content to bring more business to its premium entertainment products.
Disney revenue rises 7 percent as streaming and parks profits grow
Strong interest in "Toy Story 5," premium sports on ESPN and ABC and a new deal with TikTok were highlights of Disney's Q3 earnings report.
EARNINGS REPORT