The 2018 NAB Show in Las Vegas begins this weekend at the Las Vegas Convention Center (LVCC). While planning your exhibit stops and making your list of sessions to attend, don’t forget to include the SBE in your plans. Continue reading SBE Activities at 2018 NAB Show
March 21 Meeting: Verimatrix
iHeartMedia Declares Chapter 11 Bankrupcy
iHeartMedia today announced an agreement with its creditors to enter into Chapter 11 reorganization. This long-anticipated move will greatly reduce or eliminate the controlling equity Bain Capital and Thomas H. Lee Partners had held since taking control of Clear Channel Communications in 2008.
In San Diego, iHeartMedia owns five FM and two AM stations. Local operations are not greatly affected except that some equipment vendors are not extending credit.
HC2 Buys KSKT-CD San Marcos
HC2 filed with the FCC this week to buy KSKT-CD, a 3 kW channel 36 LPTV facility on Mt. Woodson, for $4-million from NRJ. NRJ had recently bought the station to serve as a relay for KSCI Los Angeles to replace KUAN-LD, a decades-old translator that would have been displaced in the repacking auction.
HC2, formerly known as Primus Telecom or PTGI and based in Herndon, Virginia, late last year purchased the Spanish language Azteca America network, and already holds licenses, or has entered into purchase agreements, for over 100 LPTV stations nationwide.
FCC Visits Alleged Yuma FM Pirate
The Los Angeles office of the FCC alleges Eric V. Evans was operating a pirate FM station on 96.5 MHz on Hillside Place in Yuma, Arizona on January 30, 2018. They issued a Notice of Unlicensed Operation, a sort of cease and desist letter, last week. This notice did not detail any contact with Evans but mentioned simply that he was the listed owner of the residence.
The FCC issued a large number of these notices to alleged pirates in the past year, but the vast majority were in Florida and the area surrounding New York City.