A CYNOPSIS MESSAGE FROM OMEDA Thursday August 14, 2025 IN THE NEWS BIA Advisory Services has lowered its 2025 outlook for local advertising to $169 billion, down 2.4% versus last year, and a 1.5% decrease from the company’s earlier estimate of $171.4 billion. Economic pressures such as consumer sentiment, tariffs, high interest […]
Wednesday August 13, 2025 IN THE NEWS Sinclair is exploring options for its broadcast business include a merger. Sinclair’s board of directors has authorized a strategic review to evaluate separating ventures through a spin-off, split-off or other transaction. “With record financial performance and proven operational excellence, Sinclair intends to be a catalyst in the […]
Tuesday August 12, 2025 IN THE NEWS Buzz based on news that leading station owner Nexstar is in advanced talks to acquire its rival helped drive shares in local TV giant Tegna. Stocks surged nearly 30% in mid-day trading Monday. A Nexstar-Tegna deal would likely trigger even more consolidation in the local TV sector, […]
Monday August 11, 2025 IN THE NEWS Gray Media struck a deal with Allen Media Group to acquire AMG’s television stations in ten markets for $171 million. The transaction would bring Gray into three new markets, Columbus-Tupelo, Mississippi; Terre Haute, Indiana; and West Lafayette, Indiana, and strengthen the company’s presence in the seven other […]
Friday August 8, 2025 IN THE NEWS It’s official – Skydance Media has completed its $8.4 billion merger with Paramount Global, creating media and entertainment company Paramount, a Skydance Corporation. “Today marks an exciting and pivotal moment as we prepare to bring Paramount’s legacy as a Hollywood institution into the future of entertainment,” said […]
Thursday August 7, 2025 IN THE NEWS Following Netflix’s lead, Disney said it will stop reporting subscriber numbers with its quarterly reports. “We believe quarterly updates on the number of paid subscribers and ARPU have become less meaningful to evaluating the performance of our businesses, and we will no longer report these metrics starting […]
Wednesday August 6, 2025 IN THE NEWS FOX Corporation has announced the launch of FOX One, a new direct-to-consumer streaming platform debuting August 21. Priced at $19.99/month, FOX One will offer live and on-demand access to FOX’s full slate of content across News, Sports, and Entertainment. “In bringing together the full power of the […]
A CYNOPSIS MESSAGE FROM OMEDA Tuesday August 5, 2025 IN THE NEWS Skydance Media announced the executive team that will lead the company following the close of its pending merger with Paramount Global. The game plan: The company will be structured into three primary business segments, Studios; Direct-to-Consumer; and TV Media. Skydance […]
Monday August 4, 2025 IN THE NEWS ESPN has struck a deal with the NFL for top NFL Media holdings including NFL RedZone and the NFL’s fantasy football business, with the league receiving equity in the network, reports The Athletic. Word of the agreement comes as ESPN prepares to roll out a$30/month direct-to-consumer service […]
Friday August 1, 2025 IN THE NEWS Comedy Central’s “South Park” kicked off its 27th season with its highest-rated premiere since 1999, and a 68% increase over last season’s debut. Featuring a satirical take on President Trump, the episode drew 5.9 million viewers across Paramount+ and Comedy Central and ranked as the #1 telecast […]
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