Comcast on Wednesday made a formal, all-cash, $65 billion bid for 21st Century Fox assets and agreed to pay at least $4 billion in fees if the deal doesn't gain regulatory approval. The new bid could halt Fox's talks with Disney, which previously agreed to acquire the assets for $52.4 billion.
The AT&T-Time Warner merger can move ahead after an antitrust case victory this week, but the companies will still face challenges post-merger. Integrating the two companies' cultures and evolving AT&T into a modern media and entertainment company are among those challenges, write Joe Flint, Drew FitzGerald and
Federal Communications Commission Chairman Ajit Pai is working on a proposal to raise TV station ownership caps ahead of Sinclair Broadcast Group's planned acquisition of Tribune Media, sources say. While details of the proposal aren't available, the sources say it is expected to be voted on at the FCC's July 12 meeting.
BMI and Ascap consent decrees will remain intact as the Justice Department's antitrust division continues its review, says Assistant US Attorney Makan Delrahim. "We recognize the industry has grown up around them, and we should not take any action lightly or without due care and consideration," Delrahim says.
State of the Media Industry 2018 report Deeper experiences come from deeper data. That's the key message in Ooyala's State of the Media Industry 2018 report, which has the data behind the data, with numbers and trend lines from all over. Learn more: download the report now.
Advertisers are working to secure advertising spots on networks including Telemundo and Fox for the 2018 FIFA World Cup, with only a handful of spots remaining. This year's tournament is shaping up to be the most profitable yet for English-language networks, says Fox Sports Media Group Senior Vice President Mike Petruzzi.
Access the NAB Podcast Hear directly from policy experts and industry insiders from NAB and around the country on this bi-weekly podcast dedicated to covering the topics, issues and innovations that impact America's broadcasters the most. Access it here.
The suicides of Kate Spade and Anthony Bourdain are causing media organizations to re-evaluate how they report such deaths so as to prevent copycat incidents while still upholding the responsibility of reporting the news. The Associated Press recently sent out reporting guidelines to staffers, and many news outlets have been publicizing the suicide prevention hotline.
President Donald Trump on Wednesday tweeted that fake news is the nation's "biggest enemy." The president specifically called out NBC and CNN for downplaying the importance of his summit with North Korean leader Kim Jong Un.
The NAB Small Market Television Exchange (SMTE) is back! SMTE presents innovative leadership and sales management strategies exclusively for small market groups and stations in DMAs 76+. This year's conference will be held September 13-15 in Nashville. Learn more and register here.
Important Information for Commercial Television Broadcasters
Stay tuned and be sure to file your claim for cable royalties during the month of July (July 1-31). It's important to the industry for all eligible stations to file their claims. Additional information and easy links for filing will be available July 1.