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December 6, 2012News for broadcast and electronic media leaders

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  Business & Industry Report 
  • Private equity firm to buy Harris' broadcast unit for $225M
    Harris Corp.'s broadcast business is being acquired by Los Angeles-based private equity firm The Gores Group for $225 million. "The sale of Broadcast Communications reflects our strategy to optimize our business portfolio and focus on our core businesses," said Harris President and CEO William M. Brown. TVNewsCheck (free registration) (12/6), Radio World (12/6) LinkedInFacebookTwitterEmail this Story
  • Pandora keeps losing ground as it gains listeners
    The more that Pandora builds its audience on mobile devices, the more money it loses, Ethan Smith and John Letzing write. The popular Internet radio service is stuck in a business model in which the amount it pays in royalties amounts to more than the steadily diminishing rates that advertisers are willing to pay to reach listeners on mobile devices, they write. The Wall Street Journal (12/6) LinkedInFacebookTwitterEmail this Story
  • COO: Media General is well-positioned for multiplatform growth
    Media General, having sold off its newspapers this year, is better positioned to grow its core TV business and develop new platforms, said Chief Operating Officer George Mahoney, who will become CEO at the close of 2012. "The monumental change away from the newspaper business will enable us to focus on platforms with strong growth potential including the appeal to younger demographics," Mahoney said at the UBS Global Media and Communications Conference in New York. TVNewsCheck (free registration) (12/5) LinkedInFacebookTwitterEmail this Story
  • Mobile DTV coalition develops standard for delayed viewing
    Mobile DTV isn't just about live content anymore, now that the Open Mobile Video Coalition has developed a standard for broadcasters to offer users the ability to "pre-load" programs on their devices to watch when they want. "This is a natural evolution of the mobile TV standard," said Sterling Davis, chairman of the OMVC's Technical Advisory Group. "Storing programs in memory, clipcasting, digital signage, video-on-demand and micro-websites are ways for the broadcast industry to improve the array of services provided to users of mobile TV." TVNewsCheck (free registration) (12/5), (12/5) LinkedInFacebookTwitterEmail this Story
  Related Industry News 
  • Exec: Netflix wants to remake TV-viewing experience
    Netflix, having secured an exclusive window on Disney movies, is negotiating with rival studios for similar partnerships that would "accelerate the windows and get fresher content," Netflix content chief Ted Sarandos said. The Disney deal is part of Netflix's ambitious plan to remake TV so that within five years, "it's gonna look nothing like we're seeing today," Sarandos said. New York Post (12/5), GigaOm (12/5) LinkedInFacebookTwitterEmail this Story
  • Cloud makes Aereo possible, CEO says
    Controversial startup streaming service Aereo can only offer its unlicensed programming because of a "perfect storm" of new technologies, including a drop in "the cost structure based on the cloud," according to Aereo CEO Chet Kanojia. "There's no installers, no boxes, no lost equipment ... they can come in and give it a try for $1," he said. GigaOm (12/5) LinkedInFacebookTwitterEmail this Story
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  People & Personalities 
  • Conservative Hispanic radio talker comes into his own
    Radio host Alfonso Aguilar is making a national name for himself as a Hispanic conservative who follows the Republican party line on fiscal and social issues, but is promoting a more inclusive stance on immigration. "He has been a leading conservative on immigration issues, and he has been trying to map out a way for conservatives and the Republican Party to reclaim the immigration issue in a constructive way. It is his moment," said Cesar Conda, chief of staff for Sen. Marco Rubio, R-Fla. The Washington Post (12/5) LinkedInFacebookTwitterEmail this Story
  • Baseball Hall of Fame to honor legendary announcer
    Tom Cheek, the late, legendary broadcaster who was the voice of more than 4,300 Toronto Blue Jays games, is being honored with the 2013 Ford C. Frick Award for excellence in broadcasting from the National Baseball Hall of Fame and Museum. The honor for Cheek, who died in 2005, will be given during the July 26-29 Hall of Fame Weekend in Cooperstown, N.Y. TVNewsCheck (free registration) (12/5) LinkedInFacebookTwitterEmail this Story
  • Other News
  NAB News 
  • New: The Television Industry: A Market-by-Market Review 2013
    This unique publication provides current projections on television advertising revenues for 210 markets. The 2012-2016 projections account for the unprecedented political advertising dollars spent in key battleground states and in state and local elections. This proprietary analysis will help you spot industry trends, identify investment opportunities and compare market performance and demographics. Available only from The NAB Store; list price $395, member price $316. LinkedInFacebookTwitterEmail this Story
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--Norman Douglas,
British writer

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