Those that weighed in on the FCC’s proceeding on the future of the Universal Service Fund have had a few days to digest the Commission’s Congressional report Monday, and some of them are afraid the agency will needlessly wait when it could take action to improve the program today. Read More
Click to read the full issue of The Daily Wednesday–August 17, 2022
Top Stories
Nexstar’s Empire: Broadcaster Believes CW Deal Should Boost Retrans
Retrans-weary MVPDs are no doubt keeping a close eye on Nexstar’s transaction to acquire 75% ownership of The CW Network, with the deal expected to close in 3Q. Read More
fuboTV Stepping Back from U.S. Sports Rights Fights
fuboTV isn’t completely walking away from exclusive sports rights, but it isn’t too interested in deals that won’t allow it to aggregate sports content in the most affordable manner. Read More
Recession Threat Triggers Short-Term Fixes
Economists are torn over whether we’re already in or headed toward a recession, but the threat of an economic downturn has lawmakers and corporations battening down the hatches. Read More
NTIA Secures 100% of Apps for Planning Funds
NTIA revealed Wednesday that all states and territories have submitted applications for initial planning funds as part of the $42.45 billion BEAD program. The applications for the funds, which can be used Read More
WWE Reveals McMahon Investigation Costs
Despite costs relating to the investigation into alleged misconduct by former Chairman/CEO Vince McMahon, WWE reported a 24% increase YOY in total revenue with $328.2 million in 2Q22 after seeing a bump in media rights fees for its flagship programs. Read More
Amazon, Nielsen Agree to TNF Deal
Amazon signed an agreement with Nielsen for it to measure Prime Video’s NFL Thursday Night Football audience. The three-year pact is the first time a streaming service will be included in Nielsen’s national TV measurement Read More
Bally Sports+ Sets September Full Launch
RSN streaming service Bally Sports+ has a full launch date. It will arrive for the remaining 14 Bally Sports RSNs on September 26, just in time for the NBA and NHL seasons. The first five networks—Bally Read More
Regulators Question Broadcast Fee Increase
Rep. Tom Emmer (R-MN) and 91 other lawmakers sent a letter to FCC Chair Jessica Rosenworcel Monday voicing their severe concerns over the agency’s plans to increase fees on broadcasters in the 2022 fiscal year. Read More
FCC Releases USF Report
The FCC released its congressionally mandated report on the future of the Universal Service Fund on Monday. Read More
