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Newsmax CEO Chris Ruddy threatens lawsuit over FCC TV ownership cap
Federal lawmakers are the only ones who can eliminate an FCC-imposed ownership cap on local broadcasters, Ruddy asserts.
FIRST ON THE DESK

Weigel hires Elizabeth Tumulty to serve as SVP, Affiliate Relations
Weigel Broadcasting has hired a former CBS media executive to serve as its new point person for affiliate relations between its multicast networks and local TV stations.
FIRST ON THE DESK

FCC broadcast TV ownership cap gets hearing on Capitol Hill
Lawmakers showed mixed views, balancing concerns over consolidation against fears that failing to modernize rules will further weaken local TV news.
FIRST ON THE DESK

Congressman issues baseless threat against NBC over Bad Bunny halftime show
The lawmaker, Rep. Randy Fine of Florida, is urging the FCC to issue fines against NBC, the NFL and Bad Bunny over the halftime performance.
FIRST ON THE DESK

Versant inks Free TV Networks distribution deal with Paramount, Sling
Two Versant-owned multicast networks are now on CBS-owned stations across the country, and a streaming channel is now offered by Sling Freestream.

Lionsgate widens financial loss during fiscal Q3
Lionsgate posted higher film and television studio revenue but a wider loss for its fiscal third quarter (Q3).
EARNINGS REPORT

YouTube ad revenue grows to $11.4 billion during Q4
YouTube's effort in convincing viewers and Madison Avenue that its product is as premium as traditional TV appears to be working.
EARNINGS REPORT

Fox says sports, live news drove sign-ups to Fox One during Q2
Sports programming remains one of the core reasons why people are signing up for a Fox One subscription, but news consumers are stickier.
EARNINGS REPORT

Lawmakers question execs from Netflix, WBD on proposed acquisition
Netflix and WBD executives defended their merger to lawmakers, arguing it will boost competition against YouTube and Amazon.

Fubo CEO says Comcast severed talks on NBC deal in January
NBC Universal stopped negotiating with Fubo in early January, Fubo CEO David Gandler said on Tuesday.
FIRST ON THE DESK

Fubo reports lower subscribers, burns through cash during fiscal Q1
Fubo's combination with the Walt Disney Company's Hulu with Live TV is off to a somewhat rocky start.
MEDIA EARNINGS

Disney: YouTube TV dispute hurts sports revenue during fiscal Q1
Disney's two-week spat with YouTube TV hurt its sports revenue during its fiscal Q1, executives affirmed on Monday.
EARNINGS REPORT