Pay-TV experienced its biggest quarterly loss, as 1.1 million cable and satellite customers canceled their services this past quarter, MoffettNathanson reports. Though some analysts believed the cord-cutting trend was declining, the research company disagrees, noting that the growth of new households concealed the true industry losses.
International law firm Pillsbury Winthrop Shaw Pittman predicts that the 116th US Congress will take up issues of concern to broadcasters. These include the White House's response to Hurricane Maria -- damaged telecommunications infrastructure in Puerto Rico still causes problems for broadcasters -- as well as more bipartisan concerns, such as cybersecurity and infrastructure improvements.
CEO Bob Iger updated investors on Disney's solid fiscal year, in which the company hit $59 billion in revenue, an 8% increase from last year; Iger also revealed that Disney+ is on track for a late 2019 launch and will divide content into the company's distinctive brands, including Disney, Marvel and Pixar. Once Disney has acquired 60% of Hulu, it will explore raising prices and investing more in original content, which will allow the streaming service to "compete even more aggressively in the marketplace," Iger said.
Emmis Communications' station KPWR in Los Angeles broadcast live coverage of the mass shooting at Borderline Bar and Grill in Thousand Oaks, Calif., on Thursday. Christine Devine from Fox-TV and KTLA's Eric Spillman joined Jeff Garcia on the "Cruz Show" morning program to bring up-to-the-minute updates to listeners.
Phil Kurz believes Next Gen TV will help facilitate the arrival of advanced emergency warning, which could help rescuers during natural disasters. He also believes broadcasters' commitment to Next Gen TV will help propel the Advanced Warning and Response Network.
A recent study by the Radio Advertising Bureau and AnalyticOwl shows that radio ads are effectively getting more consumers to visit the websites of automakers. Car dealers also noted an 11% increase in new website visitors on days when their radio ads aired.
An Arkansas man is in custody after he allegedly called CNN more than 40 times and made death threats against anchor Don Lemon. Fox host Tucker Carlson had to contend with Smash Racism D.C. protesters at his home; they pounded at his door and tweeted threatening messages against him on their group's account.
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.
New NAB Podcasts Available at Broadcast Education
NAB's educational and professional development offerings, including new episodes of The NAB Podcast, are now available at Broadcast Education. The new e-learning platform includes conversations from the Small Market Television Exchange, Radio Show and NAB Show New York. Listen now!