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December 4, 2012News for broadcast and electronic media leaders

  Top Story 
  • FCC will defer action on ownership rules until early 2013
    The Federal Communications Commission reportedly will push back into early 2013 any action on proposed new media ownership rules until after a brief comment period can be held on a related "323" report on minority ownership. FCC Commissioner Mignon Clyburn and the Minority Media and Telecommunications Council had called for the comment period. Multichannel News (12/3) LinkedInFacebookTwitterEmail this Story
  Business & Industry Report 
  • There's no need to rush into spectrum auctions, NAB's Kaplan says
    Given the success of the private sector in addressing spectrum-demand issues since the incentive auctions were suggested in 2009, it's not necessary for the proceedings to be held in the immediate future, according to Rick Kaplan, a former Federal Communications Commission official now in charge of spectrum issues at the NAB. "The market has reacted quite well to figure it out," he said during a webcast, citing transactions involving Verizon, T-Mobile and Sprint, among others. Kaplan also said most broadcasters would continue operating following the auctions. Broadcasting & Cable (12/3) LinkedInFacebookTwitterEmail this Story
  • Sinclair buys N.Y. ABC affiliate from Newport
    Newport Television has sold ABC affiliate WHAM-TV in Rochester, N.Y., to Sinclair Broadcast Group for $54 million. Sinclair, which bought six other Newport outlets in July for $412.5 million, will operate WHAM under a shared-service and joint-sales agreement. Broadcasting & Cable (12/3) LinkedInFacebookTwitterEmail this Story
  • Other News
  Related Industry News 
  • Time Warner Cable is looking to drop low-rated channels, CEO says
    Time Warner Cable, as contracts expire for low-rated networks, could drop those that "cost too much relative to the value of the service," chief executive Glenn Britt said at an investor conference. The cable provider's programming expenses over the past four years have jumped 30%, while video-service fees have risen by just 15%, Britt said. "We've accumulated networks that hardly anybody watches," he said. "We can't keep carrying these giant packages ... with the services that don't carry their weight." The Wall Street Journal (12/3), (12/3) LinkedInFacebookTwitterEmail this Story
  • Other News
  People & Personalities 
  • Savage: Merely attacking Obama doesn't make for good radio
    Conservative radio talkers are taking the wrong cue from liberal radio stations -- which didn't find success after airing a constant stream of complaints against former President George W. Bush -- by constantly criticizing President Barack Obama, according to radio personality Michael Savage. "This is what's going on now with the conservatives," Savage said. "They're committing suicide. Just attacking Obama -- although he deserves it -- is not good radio." WorldNetDaily (12/2) LinkedInFacebookTwitterEmail this Story
  • Fox News' Roger Ailes suggested to Petraeus he run for president
    In a recorded conversation, then-Gen. David Petraeus was urged last year by a Fox News contributor conveying a message from Roger Ailes to accept an appointment as chairman of the Joint Chiefs of Staff or, absent an offer, to run for president. Petraeus rejected the advice from the Fox News chairman and instead accepted an appointment as CIA director. Commenting on the newly revealed message, Ailes said it was "more of a joke." The Washington Post (12/3) LinkedInFacebookTwitterEmail this Story
  • Other News
  NAB News 
  • Just Released: 2012 NAB Television Financial Report
    The 2012 NAB Television Financial Report is the most comprehensive resource on station revenues and expenses in the U.S., providing a comparative analysis of revenue earnings across markets, by station affiliation and revenue categories. With more than 10 revenue and 15 expense categories covered, this publication serves as a tool for station owners and managers to benchmark station revenue and expenses. Available from the NAB Store, the list price is $325, and $260 for members. LinkedInFacebookTwitterEmail this Story
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