Hubbard enters West Palm Beach with $88M deal | CEO: Liberty Media may seek stake in Universal Music Group | National Radio Hall of Fame inductees honored in N.Y.
November 16, 2018
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Judge: White House must temporarily restore Acosta's pass
Judge: White House must temporarily restore Acosta's pass
Kelly (Mandel Ngan/AFP/Getty Images)
CNN reporter Jim Acosta will temporarily get his press pass back after Judge Timothy J. Kelly ruled today that the White House violated his First Amendment rights in revoking his credentials. CNN's lawsuit drew criticism from journalist Bob Woodward, and One America News Network supported the Trump administration, but Kelly said the White House failed to provide Acosta with due process.
The Washington Post (tiered subscription model) (11/16),  Axios (11/15),  Fox News (11/14) 
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Business & Industry Report
Hubbard enters West Palm Beach with $88M deal
Alpha Media is selling its six radio stations in the West Palm Beach, Fla., market to Hubbard Broadcasting. The $88 million deal includes three of the market's top four stations.
Inside Radio (free content) (11/15) 
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CEO: Liberty Media may seek stake in Universal Music Group
CEO: Liberty Media may seek stake in Universal Music Group
Maffei (Drew Angerer/Getty Images)
Liberty Media CEO Greg Maffei told investors this week that the company will consider buying shares of Universal Music Group from Vivendi. Any such deal would be part of a strategy to hedge against content costs, Maffei said.
Music Business Worldwide (UK) (11/15) 
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National Radio Hall of Fame inductees honored in N.Y.
The National Radio Hall of Fame inducted 11 industry luminaries at an event in New York this week. New members include Dr. Laura Schlessinger, Mark Levin and trailblazing "Sports Babe" Nanci Donnellan.
All Access Music Group (11/16) 
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Broadcast Programming
New deal will keep Major League Baseball on Fox through 2028
New deal will keep Major League Baseball on Fox through 2028
(Rob Carr/Getty Images)
Fox Sports will keep the World Series, the All-Star Game and other marquee Major League Baseball events through 2028 under the terms of a new deal. The deal also expands Fox's streaming rights and access to highlights.
Variety (11/15) 
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Advertising
Facebook struggles to reassure advertisers, lawmakers after NYT report
In the wake of a damning New York Times report about Facebook's failure to deal with the abuse of its platform and tolerance of toxic content, advertisers are expressing distrust in the social media giant. Some lawmakers and observers are calling for new regulations on Facebook and social media in general to address election meddling and other problems.
The New York Times (tiered subscription model) (11/15),  The New Yorker (tiered subscription model) (11/15),  The Washington Post (tiered subscription model) (11/15) 
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People & Personalities
Pai expects to chair FCC for 2 more years minimum
Pai expects to chair FCC for 2 more years minimum
Pai (Mark Wilson/Getty Images)
Federal Communications Commission Chair Ajit Pai said the midterm election results have not changed his plans to remain at the helm of the FCC. "I fully plan and expect to serve as the chairman of the Federal Communications Commission for the next two years," Pai said.
Broadcasting & Cable (11/15) 
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NAB News
NAB Crystal Radio Awards- Entry Window Opens January 1
Gather your station's 2018 community service efforts and prepare your NAB Crystal Radio Award entry. Ten NAB member stations will receive national recognition and be honored with these prestigious awards during the 2019 NAB Show in Las Vegas. The entry window opens January 1. Additional information is available here.
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Discover the Members-Only NAB Podcast Archive
Visit the NAB Podcast archive, exclusively for NAB members, and hear compelling conversations with FCC staff, industry experts and hall of famers. Access the archive here. Not a member? Contact NAB Membership for additional information.
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