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Industry News

Who’s Owed What: Behind Alpha’s Restructuring Plan

Radio+Television Business Report
4 years 6 months ago

Just after Midnight on Monday (1/25), Alpha Media filed Official Form 201, a Voluntary Petition for Non-Individuals Filing for Bankruptcy with a Virginia Eastern Bankruptcy Court.

The case has been assigned to Kevin Huennekens, and the deadline for filing claims has been set for July 26, 2021.

Who are the biggest creditors Alpha Media, headed by Bob Proffitt, needs to pay?

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Adam Jacobson

Could Suddenlink/CMG Impasse Lead To Congressional Action?

Radio+Television Business Report
4 years 6 months ago

EUREKA, CALIF. — At 6:30pm Pacific on Friday, Jan. 8, subscribers to the dominant cable TV services provider in Humboldt County, Calif., lost access to the NBC and CBS affiliates serving this pocket of the Golden State known for its greener pastures, behind the “Redwood Curtain.”

The “blackout” of the stations came as Altice USA’s Suddenlink, by law, was prevented from offering two Cox Media Group stations in the absence of a new retransmission services agreement.

Today, the stations remain absent from Suddenlink’s local systems, as do other CMG stations once owned by Brian Brady’s Northwest Broadcasting. Now, the Member of Congress serving Northwest California is ready to take action on Capitol Hill that could help thwart such disputes — and the consumer harm they create.

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Adam Jacobson

FCC Makes A General Counsel Switch

Radio+Television Business Report
4 years 6 months ago

WASHINGTON, D.C. — The General Counsel of the FCC is stepping down. While he has agreed to continue to serve in the Wireless Telecommunications Bureau, acting Chairwoman Jessica Rosenworcel has appointed his acting successor.

Rosenworcel also made some moves in the wireless arm of the Commission.

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Adam Jacobson

Ellison Is Acting General Counsel at FCC

Radio World
4 years 6 months ago

Acting Chairwoman Jessica Rosenworcel named Michele Ellison as acting general counsel at the Federal Communications Commission.

Tom Johnson steps down as general counsel and but continues to serve in the Wireless Telecommunications Bureau.

Ellison, most recently deputy general counsel, is a commission veteran. “Ms. Ellison managed the multi-billion dollar transactions, bankruptcy and fraud portfolio,” Rosenworcel’s announcement stated. “She also has the distinction of being the first woman of color to serve as the agency’s chief of staff, chief of the Enforcement Bureau, and acting general counsel.”

Among her current roles she chairs the FCC’s Connect2Health Task Force, and has been involved in commission efforts on localism and on expanding communications opportunities for small, minority and women-owned businesses as well as developing countries.

“Ms. Ellison also played a pivotal role on national broadband planning under Acting Chairman Michael Copps, served as transition counsel to Commissioner (then Chief of Staff to Acting Chairwoman) Mignon Clyburn, and advised Chairman William Kennard as his deputy chief of staff.”

Rosenworcel also named Joel Taubenblatt as acting chief of the Wireless Telecommunications Bureau. He was deputy bureau chief.

And Don Stockdale moves to the Office of Economics and Analytics.

The post Ellison Is Acting General Counsel at FCC appeared first on Radio World.

Paul McLane

Disinformation Fight Taken To New Heights at TEGNA

Radio+Television Business Report
4 years 6 months ago

In 2015, TEGNA established an internal initiative designed to combat the growing instances of “fake news” reaching its consumers.

Now, it is fortifying that fight by expanding its efforts against the spread of “disinformation” by hiring a managing editor responsible for leading VERIFY’s editorial growth across all platforms.

 

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Adam Jacobson

Townsquare Snags All Of Oaktree’s Company Equity

Radio+Television Business Report
4 years 6 months ago

In a major move that ignited its stock price immediately after Monday’s Opening Bell on the NYSE, Townsquare Media has announced that it is repurchasing at least 10 million of the 12.5 million shares of Class A and Class B common stock — and warrants — held by funds managed by Oaktree Capital Management L.P.

The strike price price reflects a 19% discount from Friday’s closing price. Given early trading today, that discount will likely be even greater come Tuesday.

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Adam Jacobson

With iGaming Deal Done, Entercom Bets On ‘BETQL’ Launch

Radio+Television Business Report
4 years 6 months ago

On November 9, sports data and iGaming affiliate platform QL Gaming Group (QLGG) officially became a sibling to KROQ and the Radio.com audio streaming platform, as Entercom Communications closed on its all-cash purchase of QLGG.

Now, Entercom has launched an audio network that includes broadcast radio stations and its Radio.com platform expressly for the sports gaming community.

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Adam Jacobson

Nexstar Boosts NewsNation Brand In A Big Way

Radio+Television Business Report
4 years 6 months ago

After more than 42 years of serving America from Michigan Avenue and the “Magnificent Mile,” a former integral piece of the Tribune Media family is fading to black.

Sunday, February 29, is the final day for WGN America.

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Adam Jacobson

Nurture Your Personal Network

Radio World
4 years 6 months ago
Trade show conversations, like this one between Mark Goins and Stephen Denny in the GatesAir booth at the 2019 NAB Show, are an important part of building your personal knowledge network. Manufacturer salespeople and designers can be valuable sources of technical and career info. (Photo by Jim Peck)

When you’re an engineer, the employer judges you by your skills and knowledge. Let’s talk about knowledge.

A good engineer does not need to know everything, just how to find the answer. In the old days we had tons of books to refer to (I still have editions of the “Audio Cyclopedia” and “Radio Handbook” on the shelves). Manuals from companies like Ampex and Scully explained the principles of how the products worked. Today we have the search engines — but who can really rely on the unedited and curated database?

The best answers will come from your teammates in arms: other engineers. This is why organizations like the Society of Broadcast Engineers, Audio Engineering Society, IEEE Broadcast Technology Society and Society of Motion Picture and Television Engineers are important.

At local meetings, engineers gather and learn from headline speakers on new and innovative topics. Then the magic happens. Groups form and the engineers start to trade war stories. During these discussions you will hear about the idiosyncrasies of various equipment, how non-ordinary scenarios were solved and where the job openings are.

Unfortunately, online Zoom meetings are not the best for this, but it is still happening.

Associations and societies bring you together with people who have common career interests. Here, colleagues teased Nautel’s Jeff Welton, right, as he was honored at the 2019 Public Radio Engineering Conference.

Trade publications are fabulous when you can determine the difference between a good user report and sales hype. Learn which authors are good; you will eventually meet them throughout your career. Trade publications also let you know about current technologies and products, where to obtain the items and sometimes who is using them.

School is a great start for the engineer, but you should also take advantage of industry conferences and conventions.

Someday soon we’ll be able to attend major events in person again, where you’ll be greeted by huge exhibition halls. Yes, you get to see all the new and exciting equipment available for the right price. But you also get to meet salespeople and (if lucky) the designers of the gear you will depend on.

One thing to ask, because it is never obvious, is whether you can join their online user group. Sometimes the company hosts it, or it may be found on a common social media platform like Facebook. That’s a great place to read, ask questions, trade experiences.

Beyond the exhibit hall there are gatherings, technical sessions and standards meetings. The gatherings will be very broad and you can usually hear some notable speakers. The technical sessions will teach you about new technologies and techniques. Standards meetings will allow you to be part of the evolution of the technology.

Being a member of the organized technical community is essential. Going to conferences and conventions is great. Don’t be arrogant and think, “I don’t need to do this because I know everything.” (Yes, I have met such people.) You are never too old to learn, and technology is always changing. Don’t be ashamed to ask others questions; this is the only way to learn (Socrates agreed with this).

Remember: An engineer does not have to know everything, just how to find the answer.

David Bialik is a consultant who has held technical broadcast and streaming positions for companies like Entercom, CBS Radio, Bloomberg and Bonneville. He is co-chair of the AES Technical Committee for Broadcast and Online Delivery and a Senior Member of the SBE. Reach him at dkbialik@erols.com or 845-634-6595.

Comment on this or any article. Email radioworld@futurenet.com with “Letter to the Editor” in the subject field.

The post Nurture Your Personal Network appeared first on Radio World.

David Bialik

Three BIN AMs Now Officially Owned by iHeart

Radio+Television Business Report
4 years 6 months ago

Three AM radio stations and an FM translator associated with one of those properties, used for the BIN: Black Information Network launched in 2020, are now officially owned by iHeartMedia.

A Notification of Consummation was posted Monday by the FCC on its LMS.

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Adam Jacobson

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