The two stations in Charlotte, N.C. that Fox Television Stations Group gobbled up in January may have only been the appetizer. The station arm of 21st Century Fox is sniffing around acquisition…
The station marketplace is morphing into mega groups as owners seek economies of scale.
Hurricane Sandy may have temporarily sidelined President Obama and Mitt Romney's campaign efforts, but in the final stretch of election 2012, TV stations in battleground states are seeing an…
CBS Corp. CEO Leslie Moonves kicked off Wall Street's fall conference season by laying down an ultimatum regarding Dish Network's Hopper DVR service and touting the strength of the Eye's advertising…
News Corp. has hit a new 52-week high in a buoyant market as Wall street embraces company's upcoming split and shrugs off a U.K. hacking scandal that has just shaved a million bucks each from Rupert…
If the usual media mantra is along the lines of "Out with the old, in with the new," a few emerging bastions are daring to embrace the past.
$2.6 billion in election TV ad spending spells stimulus for broadcasters.
Sinclair Broadcast Group said net profit slipped by $10 million to $23 million last quarter on tough political ad spending comps from the year ago, offset in part by a jump in auto advertising.
Advertising revenue for TV and radio is expected to rebound strongly this year.
Broadcasters could easily reap $1 billion in political advertising revenues this election season, but the salad days could disappear for good if Capitol Hill approves legislation offered Thursday…