If this were a couple of decades ago, we’d be yelling for someone to jump on the desk over at “the live satellite breaking news center” (typically a spot in front of a couple of technical-looking racks of outdated equipment) and stand them by to do an insert into the evening newscast. But that was back when business news might actually earn a few seconds on a local newscast.
Which leads us to ask, when exactly did we abdicate the whole business news category over to the CNBCs and Fox Business channels of the world? Probably a question best tackled another day.
Because late today, it was clear that this wouldn’t be just any Tuesday in the media biz world. No, this was headed to be known as “No Thank You Tuesday!"
After the closing bell on Wall Street had rung, there were no fewer than three significant developments in the various mega media deals to consider.
The first was a surprising reversal in the case involving Nexstar and DirecTV, where the U.S. Court of Appeals basically told the lower court in the matter, “No Thanks” on the lower court’s dismissal of the antitrust action brought by DirecTV against Nexstar and its two so-called “sidecar” entities of Mission Broadcasting and White Knight Broadcasting. The appeals court ruling reinstates DirecTV’s case, claiming that it faced an anticompetitive situation when Nexstar, Mission, and White Knight coordinated their demands in retransmission consent negotiations with the satellite MVPD.
The lower court had tossed the case from DirecTV, claiming that because the company never paid what it called “allegedly inflated fees” to Nexstar and its two co-defendants. The court added that DirecTV lacked standing in bringing an antitrust action against Nexstar because it madeoice” not to accept new retrans agreements and ultimately blacked out the local Nexstar stations on DirecTV since October a “voluntary ch 2022.
Today, we learned the Appeals court said in essence, “No Thanks” and ruled that DirecTV can indeed proceed with its claims against Nexstar, Mission, and White Knight. In a separate decision back in February, DirecTV won a court order requiring Nexstar to pay some $26.6 million for overcharging the direct-to-home satellite provider to carry Hagerstown, MD-licensed station WHAG-TV (now known as WDVM) after it stopped being an NBC affiliate. Nexstar moved the station (which was based in a subsection of the Washington, DC market to become an independent local news-focused outlet, branded as “DC News Now.” Nexstar is appealing that decision, and today, its Chief Communications Officer said, “We look forward to the next phase of the legal process” in the reinstated case.
So what had been a dismissed matter is now something more for Perry Sook and his lawyers to deal with as they continue to work toward closing its multi-billion-dollar deal to acquire Tegna.
Speaking of billion-dollar deals, there is another one making news on this Tuesday, as Warner Bros. Discovery’s board is saying “No Thanks” to ParamountSkydance’s hostile takeover bid for the company. Bloomberg News reports that the WBD board will tell shareholders to reject the $30-a-share bid from David Ellison, backed by his dad, Larry, and a bunch of foreign investment funds. The board is still supporting Netflix's bid to acquire the movie studios and streaming assets portion of the Warner Bros. Discovery empire.
There is a smaller “No Thank You” element in this story. Bloomberg is also running an exclusive story that says that Jared Kushner’s Affinity Partners is exiting the Paramount side in the battle for Warner Bros Discovery. Kushner, who is also President Trump’s son-in-law, had been part of the firms lined up to financially back Paramount’s $108.4 billion deal (including debt) for WBD. Now Kushner’s firm tells Bloomberg that It now believes the dynamics of an investment have changed since it became involved in the process in October.
And as every late-night infomercial has proudly proclaimed: “But wait, there’s even more!"
From Cincinnati came word that the entire board of directors of The E.W. Scripps Company found their spines and delivered a rejection late on this Tuesday. Their response was to the offer from Sinclair, Inc. to acquire the outstanding shares in Scripps (SSP) for $7 of cash and stock each. A press release on the Scripps website quotes Kim Williams, the chair of the Scripps board, as saying, "After careful consideration, Scripps’ board determined that Sinclair’s unsolicited acquisition proposal is not in the best interests of Scripps and its shareholders."
Sounds like another “No Thank You” to us.
Of course, none of these situations is over and done. Today’s “No Thank Yous” can always become tomorrow’s “Yes Of Course” answers when there are billions at stake and business people determined to do a deal.
But three major stiff-arm type moves in the same day seemed enough to warrant getting out this developing story update. And while some readers might never have seen NBA great Walt “Clyde” Frazier and NY Mets great (and occasional “Seinfeld” character) Keith Hernandez delivering their classic “Reeee-jected!” line in this classic “Just For Men” TV commercial, we think it pretty much applies in all of these cases.
At the very least, as Hernandez puts it: “Clyde, that’s gotta hurt!"
So we will see if “No Thank You Tuesday” is followed up by “What’s Next Wednesday.” After all, there are two more weeks left in 2025—plenty of time to take another shot.
Even if it's just one with rum for that holiday eggnog.
In recent days, we here in the newsroom at “The Topline” have had to face an inconvenient truth. Or two.
(No, not that one from Al Gore’s extended relevance phase of his cinematic career by turning a long PowerPoint presentation into a full-length film,)
Our revelation is that we may have, from time to time, made light of the intensity of the problem popularly known as "writer’s block." Perhaps we were a tad too dismissive of the nature of the comments from some authors--who have used terms like “daunting" and “scary.” As well as others with a more dramatic flair, who countered with evocative, extreme words like “crippling” and “debilitating.”
You know, those words you’d expect to see in the arts section of The New York Times.
The thing is, that we may have been—again, only on a few occasions—truly dismissive, leaning towards the incredulous end of whatever scale might measure levels of skepticism. And it turns out that we may have been slightly misguided on the topic.
Put perhaps, more simply: Karma is indeed...a bitch.
We do have some justification for appearing to run into some "difficulties of inspiration”, as the scholars might put it. Last week, we were dealing with the first (and hopefully last) truly miserable cold of the winter season. Yes, we know it isn’t officially winter until the 21st. Still, when your local TV meteorologist displays the current temperature, and it features a minus followed by two digits, that means it is as cold as that “b” word we just casually used in the last paragraph. So in our book, winter has definitely arrived, checked in, and is already having a drink at the bar.
A cold one, naturally.
That reminds us that we really want to go back through our notes and find the info for that irate viewer who called the newsroom we were working in years ago and berated us for a solid half-hour over their firm conviction that the “wind chill” number we were reporting during our weathercasts was, and we quote:
“Some completely random bullshit concocted by the climate-denying, so-called “scientists" you got working over there at the f——’n television station."
We promise, you could hear the guy (of course, it was a guy) making air quotes into the phone when he spat out the word “scientists."
By the way, the wind chill was in the 20s, and we had the nerve, the audacity, mind you, to say there were “sub-freezing wind chills” in the forecast. Of course, we made this claim during a primetime news promo.
We want to go back and find that viewer and tell him that we now live in a place where “sub-freezing wind chills” would be thought of as “a warming trend."
Alas, we digress.
Our cold, in this case, the actual illness, was the really nasty kind. Bad enough that we lost the ability to speak for a few days and were close to losing the will to ever feel well again. No worries, after a long week, we are finally on the mend and doing better. (Despite some people definitely wishing the total laryngitis thing had gone on a bit longer.)
During our recovery, we sat down to write at one point, and it hit us as LA Chargers Safety Tony Jefferson’s hit on KC Chiefs Wide Receiver Tyquan Thornton this past Sunday. (OK, maybe not quite that hard.)
We were getting over the cold, but we had picked up a giant old case of writer’s block.
Stared at the blank laptop screens for a few minutes that felt like a whole second half plus overtime. Nothing. Nada. Zip.
And yes, it was a little intimidating. So on Saturday, we tried to plug into some football watching, interspersed with some panicked online shopping for a few last-minute gifts. That is when the second major breaking news of the day would shock us back into reality.
We’d already woken to the truly horrific details of what had happened in Australia, where a pair of gunmen opened fire on a crowd gathered for a "Hanukkah On The Beach” celebration by the Jewish Community in Bondi. Fifteen people, including a child, were killed in that nation’s second-deadliest mass shooting. It is worth noting, as some news reports did, that this tragedy comes 29 and a half years after that nation’s deadliest mass shooting. That event occurred in 1996, in the town of Port Arthur, within the state of Tasmania. The massacre of 35 people led to the enactment of some of the strictest gun laws anywhere on Planet Earth. Australia banned shotguns, assault-style weapons, and most semiautomatic rifles.
Details continued to come to the Western Hemisphere as last Saturday progressed. Perhaps, as others may have done, we turned our focus away from the continuing story in Australia because it seemed all too familiar, yet all too distant at the same time. A majority of the news coverage we saw couldn’t resist having a tone that seemed to imply “it can even happen in a place with many more restrictions on people having guns."
By late Saturday afternoon, the first headlines came that there was an active shooter situation on the campus of Brown University in Providence, Rhode Island. While many viewers were likely focused on the hour of pseudo-drama over who would be awarded the Heisman Trophy in New York City, just three hours north, an Ivy League campus was locked down, with a manhunt underway for the gunman who had killed two students and wounded nine others.
Those two developing stories would continue into Sunday. In the afternoon, the news came from the Los Angeles Fire Department of two bodies being discovered at the home of famed Hollywood director Rob Reiner. The LAFD would only confirm minimal details about the two victims and would not name them. In a moment of notable restraint, press outlets only reported that a 78-year-old man and a 70-year-old woman had been found. Even TMZ.com held off on confirming the two victims were indeed Rob Reiner and his wife, Michele Singer Reiner. (The names were first reported by People.com, at least that we saw in real time.)
By Monday, the story of the dual murders in the Reiner home had continued into another news cycle, with the growing outrage over a bizarre Truth Social posting on Sunday from the account of President Donald Trump. The post stated that the Reiners' deaths were connected in some fashion to the director’s liberal politics and his outspoken opposition to the administration, classified as “Trump Derangement Syndrome.” By late Sunday night, Los Angeles Police had arrested Reiner’s 32-year-old son Nick Reiner, who, according to multiple news reports, had a long history of personal issues, including multiple stints in drug rehabilitation and periods of homelessness.
To be clear, there is absolutely no factual evidence that politics of any kind caused this tragedy. The President stood by his comments on social media when asked about them on Monday, though he no longer referenced the earlier “Trump Derangement Syndrome” remark. This, as a growing number of Republican figures were openly criticizing the President’s comments attacking Rob Reiner, in light of his murder and the subsequent arrest of his son for allegedly committing the crime.
And at the time of this writing, now Tuesday morning, there is the blistering commentary of late night hosts ABC’s Jimmy Kimmel, CBS’s Stephen Colbert and perhaps most especially NBC’s Seth Meyers, each taking considerable time on their Monday night programs to point out the hypocrisy from the Oval Office, especially in the wake of the recent outcry over any remarks that were critical about conservative figure Charlie Kirk, following the horrific assasination that took his life while speaking on the college campus of Utah State University.
So what was the inconvenient truth of this past weekend?
Over a dozen people died, and nearly fifty more were injured on an Australian beach, seemingly just for being Jewish and practicing their faith.
Then two more people died, and nine more were injured, seemingly for just being on the campus of an Ivy League school and wanting an education.
And finally, two more people died--stabbed to death in their Los Angeles home--seemingly as they were trying to be parents to their very troubled son.
For its part, the news media covered all of this as if it were rational to chronicle these events in a typical fashion.
Because in the final month of 2025, to quote the signoff of the legendary news anchor Walter Cronkite, “that’s the way it is."
We’ve waited a bit before weighing in on the latest twist in the saga of who will eventually own Warner Bros. Discovery (WBD). By now, you have likely heard that the guy who started this ball rolling, David Ellison, CEO of ParamountSkydance, launched a “hostile takeover bid” for all of the WBD empire. This came after David Zaslav and the Warner Bros. Discovery board did not select Paramount’s initial bid. They favored a bid from Netflix for just the movie studios and streaming assets. That offer allows WBD to continue its plan to spin off all its cable networks (CNN, HGTV, Discovery, etc.) back into a standalone Discovery Global. That move is much like what Comcast CEO Brian Roberts has just orchestrated for NBCUniversal, which spun off their cable networks to the newly christened Versant.
Hey, speaking of Comcast, does anyone really think they are going to sit out this big dance for Warner Bros.? If so, you may want to check in with Disney’s Bob Iger, who in 2018 had to pay a boatload more money for 20th Century Fox's movie studio and library when Roberts kept raising the Comcast bid in that contest. Roberts then turned around and sold Iger and Disney the remaining stake in Hulu that Comcast held, for just over $9 billion.
Paramount’s Ellison was on CNBC this morning, and he tossed out the standard talking points about how his company is a much better potential owner of Warner Bros. and Discovery. Plus, he has the ear of the White House, and his bid may be less onerous in terms of potential monopolies. (What that loosely translates to is that young Ellison’s father is a good friend of, and has the ear of, the President of the United States.)
The numbers break down like this: Netflix offered $27.75 a share for WBD (that is $23.25 in cash and $4.50 in Netflix stock). Paramount is offering $30.00 in cash for each share of WBD. Those offers break down to be $82.7 billion from Netflix and $108.4 billion from Paramount. So the Paramount bid is $25 billion more. But that's for all of Warner Bros. Discovery, including the cable assets such as CNN, which Mr. Ellison really wants, to combine with CBS News and give recently installed Editor-in-Chief, Bari Weiss, a global news operation so she can learn the television news business in real time.
Out of all the hot takes we’ve seen on the race to land Warner Bros. Discovery, we’d give the “must see” label to today’s episode of the Pivot podcast with Kara Swisher and Scott Galloway. They have a spirited back-and-forth about the whole situation and some interesting takes on who is really to blame for this new round of media consolidation deals. Definitely worth your time to listen to their informed and clear-eyed analysis.
You’ll note that we linked to their podcast on YouTube. And that was intentional because, in the aftermath of the bids for WBD, we haven't heard much about the fact that, for all the talk about streaming monopolies and potentially combining Warner’s HBO Max with either Netflix or Paramount+, neither will create the biggest streaming player. That crown still belongs to YouTube (the original, rather than the separate YouTubeTV offering.) It would still have a bigger share of eyeballs than would result from either proposed acquisition, at least based on current viewing numbers from Nielsen’s “The Gauge."
Of course, we get that comparing YouTube, which is free to watch if you are willing to sit through the ads before, during, and after each video, with the paid subscription offerings of Netflix, HBO Max, Paramount Plus, and others, is a bit like comparing apples and oranges. But viewers are viewers, no matter how they access your offerings. To that end, and we’ve said before, it is still the case that if we could only pay for one streaming subscription, it would be YouTube Premium, which lets you watch everything there without commercial interruptions.
We had the opportunity to speak yesterday before a couple of hundred students in a college class titled “Media In A Changing World.” We titled our lecture with what we thought was a clever and provocative title, “Television: Past Its Prime Time?” Early in the presentation, we asked the room for a show of hands on how many had watched anything on traditional “linear” television in the past week. Four hands went up. We then asked how many had watched anything via streaming in the past week.
Nearly every hand in the room was raised.
For the generation about to enter the coveted 25-54 demographic, the question really isn’t whether linear Television is past its prime(time)? The streaming audience has left the schedule behind—so that now, whenever (and wherever) they choose to watch is primetime.
And the fight over who will control just what those eyeballs can watch is far from being over.
In other words, the “hostilities” in the fights over media consolidation are far from being resolved. And it is unlikely they will end on friendly terms, whether in Hollywood or Washington.
We’re dropping this column over the weekend because the tsunami of words written about the blockbuster deal in which Netflix has emerged as the leader in the backstretch of the race to acquire Warner Bros. Discovery (WBD) for $72 billion. (If you’ve seen a larger number elsewhere of nearly $83 billion, the difference is that the latter number includes the WBD debt that Netflix would assume. We’ve chosen to focus on the number that Netflix is actually paying rather than the total value of the deal.)
While we expected that there would be many who would not look favorably on what is essentially a giant tech company (Netflix) swallowing up a legendary movie studio (Warner Bros.) that also happens to have a huge portfolio of cable media brands (HBO and Discovery) we admit being surprised by the deluge of disdain from so many corners, so quickly.
Even Jane Fonda has weighed in, saying that allowing this transaction (or any proposed deal for Warner Bros. Discovery to have new owners) is not just bad for Hollywood but also bad for democracy itself. She puts it in no uncertain terms:
"Consolidation at this scale would be catastrophic for an industry built on free expression, for the creative workers who power it, and for consumers who depend on a free, independent media ecosystem to understand the world. It will mean fewer jobs, fewer opportunities to sell work, fewer creative risks, fewer news sources and far less diversity in the stories Americans get to hear."
That’s pretty much the drumbeat from Hollywood, as a growing number of political figures.
We’ve read a lot of the writing on the reasons why this deal is such a bad one for the movie business. The theater business. The streaming business. The news business. The television business. Heck, pretty much any business. We won’t be surprised if the popcorn growers of America come out against this deal.
So to read a coherent and thoughtful defense of the idea that Netflix would be a good owner of a suddenly treasured institution like Warner Bros. was truly insightful.
And that is precisely what M.G. Siegler has delivered in his take on the deal, posted on his Spyglass newsletter website. (As we said in the headline, we wish we had written it.)
We’ve followed his writing about the tech industry for longer than we can remember. If you have never heard of him, here is his bio.
Siegler does a fantastic job of explaining the position of each of the major Hollywood studios, and he accurately points out that only one movie studio has never changed hands—and it isn’t Warner Brothers. In fact, Warner’s (as it was once called) has changed hands four different times since an actual brother named Warner ran the place in the 1960s.
And a reminder that Netflix is only paying for the movie and TV studio and its streaming assets. That last part may be the thing that really draws the most scrutiny, because combining the #1 streamer in Netflix with the #3 one in HBO Max, does begin to smell like the kind of monopoly that the federal government has been putting a stop to since President Teddy Roosevelt was trust-busting the railroads in the early 1900s.
Warner Bros. Discovery still plans to split itself before selling to anyone, with the cable networks from CNN to HGTV to Discovery ending up in a standalone company called Discovery Global.
As we said in our Friday report, there is a long way to go before this deal possibly crosses the finish line. The current estimates now suggest it could be 18 to 24 months. A lot can happen in two years, including the midterm elections.
Should the Netflix/WBD deal never get done, Netflix is on the hook for a 5+ billion-dollar “breakup fee."
And unlike the mega deals pending in the television business, namely Nexstar-Tegna or Sinclair-Scripps, the Federal Communications Commission has no role in saying whether the Netflix/WBD can happen. That’s not to suggest that there won't be other parts of the government that will have something to say, both on the federal and state levels. Probably quite a bit, judging from the reaction in the first twenty four hours.
As movie legend Bette Davis said in the 1950 cinema classic, “All About Eve”: “Fasten your seatbelts, it’s going to be a bumpy night.”
Last night, while you may have been watching the weekly streaming-only exercise of the National Football League, Amazon Prime’s “Thursday Night Football” matchup between the Cowboys and Lions, an even bigger game was playing out--well off any football field.
UPDATE: As of this Friday morning, that game was over—at least in the first playing of it. We’ll insert the new details as we go along in this updated edition of our early morning dispatch.
Just two days after this past Tuesday’s deadline for the big money bids to buy Warner Bros. Discovery (WBD) came the evening dispatch from Oliver Darcy in his excellent “Status” newsletter. He detailed the bad blood that has developed between “the two Davids,” those being David Zaslav, the CEO of WBD, and his would-be acquirer, David Ellison, the head of ParamountSkydance (PSKY). According to Darcy’s reporting, the problems began when Ellison backed out of a handshake deal with Zaslav that would have kept Paramount’s “South Park” on WBD’s HBO Max streaming platform, after each new episode initially aired on PSKY’s “Comedy Central” network.
Ellison decided, in the days before his Skydance finally closed on acquiring Paramount, to pay South Park’s creators, the uber-talented Trey Parker and Matt Stone, a cool $1.5 billion over the next five years to both keep new episodes of South Park airing first on Comedy Central and bring the entire library of past South Park episodes from HBO Max over to Paramount+. There was more antagonism between the two media giants earlier this year. In that case, over negotiations to keep two of Warner Bros. television properties on Paramount’s “Nick at Nite” schedule, specifically “Friends” and “Two and a Half Men.” A last-minute deal averted that problem, but it didn’t serve to heal any wounds between “the Two Davids.”
There is no truth to the rumor (that we are starting here) that Zaslav quoted South Park’s Eric Cartman after these dealings with Paramount, saying, “Everything is a lie, we are all pawns.”
Zaslav would find himself in a position to return the favor to Ellison just a few months later when the latter decided he would launch a bid to acquire the whole of Warner Bros. Discovery. After Ellison’s unexpected move seemingly put WBD in play, Netflix and Comcast expressed interest in acquiring at least part of the WBD empire, including the movie studio and streaming assets. (For his part, David Zaslav had already announced plans to split his company into two parts, one part holding the studio and streaming outlets, the other holding the cable networks, including CNN, Discovery, etc.)
If this plan sounds familiar, it’s because it is pretty much what Comcast just did in cleaving off its cable networks to the newly formed Versant.
On Wednesday, December 3rd, Paramount’s lawyers sent a letter to Mr. Zaslav, accusing his company of “failing to conduct a fair auction” in considering any sale and that WBD “isn’t acting in its shareholders’ best interests.” The letter charged that WBD was favoring the competing bid to Paramount’s offer from Netflix. Needless to say, the combination of Netflix and HBO Max would be the 600-pound gorilla in the streaming video marketplace.
Then Thursday Night, December 4th, by the time the Lions had beaten the Cowboys by a score of 44 to 30, Bloomberg’s Lucas Shaw and Michelle F. David were reportingtheir exclusive that Warner Bros. Discovery had entered into “exclusive negotiations” to sell the studio and streaming half of itself to…Netflix.
By Friday morning, December 5th, it was done. Netflix will pay $72 billion to acquire the Warner Bros. movie studio and streaming assets, following the previously announced spin-off of the cable networks and digital properties as Discovery Global. The transaction is expected to be done by the 3rd quarter of 2026. Netflix’s offer was $23.25 in cash and $4.50 in NFLX stock for each share of WBD.
Looking ahead, this Netflix deal for Warner Bros. faces significant hurdles.
First of all, there is much speculation that Paramount’s Ellison will appeal directly to the company’s shareholders to accept his offer to buy the whole company rather than Netflix’s cherry-picking deal for the best assets. (At one point, it was believed that PSKY was also going to bid for the studio/streaming half of WBD, but that was probably before David Ellison began considering the union of the other assets that are in the WBD networks portfolio, and the possibility of a CBS-CNN marriage.)
Ellison is also positioning his company as the only one that can secure the necessary approvals from the current federal government to close a deal. The Bloomberg report notes that Ellison has been making the rounds with various officials to make his case. Not surprisingly, Utah Senator Mike Lee, a Republican, expressed his feelings on social media that a potential Netflix deal for WBD “would raise serious competition questions—perhaps more so than any transaction I’ve seen in about a decade.”
Of course, David Ellison’s financial backer is Larry Ellison, who also happens to be his father. The senior Ellison is also friends with (and a major political contributor to) the current President of the United States.
And now we know that Netflix has committed to a $5.8 billion “breakup” fee if the deal falls through.
What all of this leads us to wonder most about is the long-term financial health of all the cable networks that could potentially end up in the control of just two companies by the time the holidays roll around at the end of next year? Suppose Discovery Global is one, and Versant, mentioned above, is the other. Can those two newly constituted companies, each holding large portfolios of cable networks and associated digital properties, be successful? Even in a world where “cutting the cord” is happening way faster than folks are signing up to get those same networks via yet another streaming subscription?
It is worth noting that Comcast, which shares the title of the largest cable TV provider in the United States with Charter, decided it would be better to set its cable networks off on their own and spin them off to the new Versant. And as of January 2nd, 2026, when the tax-free pro rata distribution deal that creates Versant as a separate, publicly traded company is completed, Comcast will own no equity stake in it.
Talk about an odd vote of confidence in that new venture.
Once again, we’d remind readers that a deal for all or any part of Warner Bros. Discovery is a long way from being settled. But we can’t help but wonder if David Ellison now wishes he hadn’t stiffed David Zaslav on that deal to keep “South Park” streaming on HBO Max.
And what if “Zaz” channels his inner Eric Cartman at some point and says, “Screw you guys, I’m going home.”
And in that case, “home” could be Discovery Global, who would not only be the home of CNN, TNT, TBS, truTV, HGTV, Food Network, TLC, ID, Animal Planet, Magnolia, Cooking Channel, Travel Channel, Science Channel, HLN, Cartoon Network, Adult Swim, Boomerang, TCM, and Discovery. It would also be the very business Zaslav came from in 2022, when he orchestrated the merger between Warner Brothers (which was being spun off by AT&T) and Discovery Networks, where he was then CEO.
With apologies to Bon Jovi, who says you can’t go home? If he chose to, Zaslav could continue channelling Cartman and say “Respect My Authority” to anyone who might still be listening.
On this first day of December, the television business finds itself in the traditional holiday period between Thanksgiving and Christmas, with the arrival of the New Year close behind. There will be the usual collection of holiday events to cover, from Christmas tree and menorah lightings to fundraising efforts to make sure there is some good cheer for all.
Inside the local stations, there will be the typical signs of the season, ranging from managing those pesky schedules when everyone wants to be off at the same time, to the rush of advertisers looking to get last-minute spots on the log to let folks know about all their sales to help stuff Santa’s sleigh bag. (At least the sales department sure hopes so.)
Forgive us for stating the obvious: This year, the sprint to the end of the year seems a bit different.
The news cycle shows no signs of slowing down amid the ongoing political and financial landscape at both the federal and state levels. The early numbers suggest that consumers are spending over the long Black Friday-to-Cyber Monday shopping weekend at a notably higher level than last year. Whether that is a sign of rising consumer confidence or increased chaos is still to be seen.
The sense of chaos isn’t limited to spending on the retail level. Spending on media ownership is also running at an overdrive level. The billion-dollar deals for local stations that we have been chronicling here are still moving toward their ultimate fates, to be decided by the markets or by government regulators who will have to clear the way for the concentration of more outlets into fewer ownership entities.
You know things are running a bit overheated when companies are adopting so-called “poison pill” moves under the guise of the more supportively named “shareholder rights plan” that Scripps announced last week, just before the Thanksgiving holiday. While the plan is purported to enable the company’s board of directors to evaluate any proposal to acquire the company and ensure that all shareholders receive full value in connection with such a proposal, Sinclair's recent announcement of just such a proposal makes this more than a hypothetical exercise in corporate governance.
As we first wrote back in the summer, this game of musical chairs is fully underway. It shows no signs that the music will suddenly stop before the local radio station playing holiday music 24/7 returns to its regular musical genre. And we keep hearing that there may be more players than have even been mentioned to date, still looking to secure an open chair before the tune is interrupted.
While this is all going on for control of local TV stations across the country, there is also the high-stakes game being played out to control Hollywood’s major player in the chase for Warner Bros. Discovery. That drama seems to be headed for another turn this week, as second-round bids are due today. Then David Zaslav and Company will decide if they will enter “exclusive negotiations” with any bidder.
Or not as the case may be. WBD’s board could say “no thank you” and proceed with its own plan to split into two in 2026.
Meanwhile, who knows what else may drop in the whole saga of Bari Weiss’s remake of CBS News for her boss, Paramount-Skydance head David Ellison. We presume he has been busy getting in his second bid to acquire WBD. (We were surprised to see that Ms. Weiss had some free time to send out an email with details of the Black Friday sale on paid subscriptions to “The Free Press” newsletter.)
And speaking of 2026, let’s not forget that the battle to reopen the government only resulted in an agreement that lasts until the end of the first month of next year.
One of the Christmas movies we watched with our family unit over the long holiday weekend past was “Bad Moms Christmas.” It is definitely NOT a Hallmark Channel movie and not intended for the kiddos. In the film, actress Mila Kunis, who plays one of the lead characters, asks the proverbial question that often gets abbreviated into the three-letter acronym, “WTF?” (To be precise, she asks it a time or two with the additional word “absolute” squeezed in between the “T” and the “F.”)
Don’t be surprised if you find yourself asking that very same question in the next 30 days or so.
Just be careful about exactly who might be listening if you happen to ask it out loud, as we often do.
We assume that most of you will be involved in either preparing a Thanksgiving meal for family and friends tomorrow or travelling to attend such a gathering. We were thinking it would be fun to prepare a menu for some of the notable names we have been writing about for the better part of this year, inspired by suggestions from one of our faithful readers.
So with that as a backdrop, here’s what we would propose serving our honored guests, were they invited to our imaginary table:
For all of our guests as they arrive, a glass of champagne, especially one for FCC Chairman Brendan Carr, so he can be peppered with questions about what he is going to do now, since his boss seems to have changed his tune on the whole plan to deregulate the television business. (Note to the servers, he may need more than one glass during the cocktail hour.)
Some of our guests may need something stronger. Say, an old-fashioned for Scripps’ Adam Symson, and a Kamikaze for Sinclair’s Chris Ripley.
Let’s make sure to pass out some fine caviar to Versant’s CEO, Mark Lazarus, now that the always-fascinating Status newsletter has unearthed his pay package to be worth $35 million, should the Comcast spinoff hit all its performance targets for the newly rechristened MS NOW, along with the other unwanted, or rather, the underappreciated cable networks of NBC. Comcast head Brian Roberts seems anxious to move away from Lazarus in the growing crowd.
Speaking of not only hitting your targets, but definitely exceeding them, get whatever Status.news founder Oliver Darcy is drinking and pour us one too.
Let’s get the canapes passed out to everyone, including those ones with the cucumbers that CNN’s Mark Thompson probably likes. You’ll find him over in the corner, furtively checking his iPhone to see what the latest CNN “All Access” subscription numbers look like. Or maybe he is checking whether the job posting for the Executive Director job at the BBC is online yet.
Looking around the room, we note with some resignation that Warner Bros./Discovery chief David Zaslav has definitely stiffed us this year. He did say he was a “maybe” on his RSVP. Probably looking over those bids for WBD and figuring out how he will be spending his 2026.
Well, let’s ring the bell that we borrowed from the floor of the New York Stock Exchange to invite everyone in for dinner. It’s a sound that many of our guests will be looking to hear in the weeks and months to come.
We do have place cards set on the table, directing everyone where to sit, but we notice that Nexstar’s Perry Sook has smartly moved his so he can sit next to the aforementioned Brendan Carr. Can’t imagine that they have anything to talk about over dinner.
Let’s get those food items started being passed around, as we know everyone is famished.
David Muir of ABC News, could you pass the mashed potatoes? We put them in front of you since your nightly broadcast can seemingly “mash" more stories into the headlines off the top of your show than anyone else. NBC’s Tom Llamas will try to put as many on his plate as he can. Sitting across from them, CBS’s Maurice DuBois and John Dickerson are passing on the mashed potatoes; they seem to be waiting for the au gratin variety.
Their new boss, Bari Weiss, is passing the gravy boat around, because if anyone should appreciate the gravy this year, it should be the person who got a gig running a major television news operation—with absolutely no experience in the TV business at all. We do wonder whether we need plates for the number of burly bodyguards standing behind her chair at the table.
Sitting near her are the Fox News primetime anchor trio of Jesse Watters, Sean Hannity, and Laura Ingraham. The candied yams are in front of them, because if anyone should know about yammering on, it should be these three. We note that Bari seems to be trying to talk to each of them as much as possible about their holiday plans—and beyond.
But given that News Corp’s Rupert Murdoch is sitting on the other side of them, they do not appear to be engaging with Ms. Weiss while they eat. For his part, Mr. Murdoch is seemingly tickled that we have some Vegemite on the table as a condiment.
Thankfully, Gray Television’s Hilton Howell is now passing the cornbread stuffing out. We hear him say that this looks like the original southern recipe with bacon that's served at almost every home in Atlanta. (Well, of course it is, sir. What kind of heathens do you think we are?)
Speaking of Atlanta, Weather Channel owner Byron Allen is grabbing the green beans and talking about how he could use some more green on his plate, since the deal from CBS to air his “Comics Unleashed” isn’t generating quite enough “green" to save the rest of his media empire. And who put Circle City Broadcasting’s DuJuan McCoy across the table from him? Does no one know what happened when they were together in the lobby bar at Encore in Las Vegas that one year during the NAB Show?
Fortunately, NAB Chairman Curtis LeGeyt is keeping the peace next to the two of them. We knew that sitting him there could put his always-diplomatic charm skills to excellent use.
We are wondering if it was a mistake to seat Disney’s Bob Iger and wife Willow Bay across from Paramount’s former chairwoman Shari Redstone and current chair David Ellison? We thought seating that foursome closest to the turkey platter seemed smart, after their networks paid off the chief pardoner of turkeys, but now we aren’t so sure.
Of course, Merit Street Media’s Dr. Phil McGraw is asking if we will be having pie for dessert? Yes, Phil, of course we are, because no Thanksgiving meal would be complete without it. CNN’s Jake Tapper and Wolf Blitzer are having an increasingly loud debate over the merits of Apple versus Walnut varieties, while Brian Stelter is obnoxiously advocating for Pumpkin as the very best. (Fools, everyone knows that coconut cream is the best selection for discerning pie fans.)
Surveying the scene, Liberty Media titan John Malone says that this is definitely the last time he is coming to our Thanksgiving dinner, and who can blame him, really? We think we need a better guest list next year. One that would include the real people who make this business work each day, like you, our faithful readers of “The Topline.” (We definitely know you would certainly be a much more fun crowd to have at our table.)
Wherever you may spend this Thanksgiving, we hope you all have a Happy and safe one. We’ll be back with you next week after we have scoured the Black Friday sales to see if anyone is unloading a station or a network at a price we can afford.
And yes, everyone at our fictitiously large Thanksgiving table just laughed at that outrageous notion as well—clearly ingrates, every last one of them.
From 34,000 feet at 419 knots aboard Delta flight 2119, heading west. We’re trying are writing this on our trusty iPhone rather than our usual laptop keyboard, so spelling and punctuation may suffer throughout…
We really thought that the holiday week would be on the slow side when it came to TV industry news, given that everyone would be trying to sort out what they were truly thankful for. But we should have known that once the Truth Social “pothole” popped up on the road to getting the Nexstar-TEGNA deal to its destination of success, then the speed limit for developments would be off, much like on the autobahn in Germany.
(Sorry, we are not sure why we are stuck on the whole automotive theme this week, but you’re just going to have roll with us for now.)
After the President of these United States seemed to be supporting Newsmax CEO Christopher Ruddy’s objection to Perry Sook and Nexstar’s plan to hook up TEGNA’s assets and barrel down the Mass (Media) Pike like one of those tandem-trailer trucks as the biggest, baddest owner of local TV stations, now Monday brings word that Sinclair CEO Chris Ripley has presented an “actionable offer” to acquire E.W. Scripps by buying up the 90% of the latter’s shares that Sinclair doesn’t already own.
In other words, Ripley is going to drive a bulldozer from his HQ outside of Baltimore down to the Scripps Tower in downtown Cincinnati. While this seems like an unwelcome, if not downright hostile takeover, there appears to be some key differences in Sinclair’s approach for Scripps from Nexstar’s play for TEGNA.
The biggest being that Ripley seems to acknowledge that Sinclair may not end up with all of Scripps’ local TV stations. Variety reports that in its SEC filing Sinclair states “We are confident that under existing rules, including the national cap, the transaction can be completed in a timely manner with limited select divestitures.” That suggests a combined Sinclair-Scripps would not own 225 total stations, but a smaller figure.
We have to believe that means that Sinclair is planning to have to live with a 39% ownership cap staying unchanged by the FCC or ultimately Congress, despite whatever Commission Chair Brendan Carr ultimately does about deregulation. Of course that doesn’t mean the new Scripps (yes, Sinclair claims it wants to keep the name for the new entity) couldn’t keep using the old Sinclair playbook of having some stations from the transaction spun off to friendly “sidecar” companies like Cunningham, Deerfield, etc.
The Sinclair (SBGI) offer is for $7 a share of outstanding stock in E.W. Scripps (SSP). But in the SEC filing the details are that the offer is $2.72 in cash and $4.28 in shares of the newly combined company. The cash figure is better than where Scripps shares were trading before the news of Sinclair taking a stake in the stock of Scripps.
But this is still another merger to create a bigger local television owner. And that is just the thing that Newsmax CEO Christopher Ruddy was taking Nexstar to the PR “woodshed” last week. Plus, the name Christopher Ruddy is well known to the executives of Sinclair.
Back in 2017, during the first Trump administration, Sinclair launched a $3.9 billion dollar offer to acquire Tribune Media (remember them?) Much like his objections to Nexstar’s bid for TEGNA, Ruddy became a vocal critic of Sinclair’s plans, claiming the deal would hurt “media diversity and squeeze smaller (and conservative) networks like his Newsmax channel.
Ultimately, the Sinclair bid for Tribune collapsed under regulatory scrutiny in 2018, giving a victory to Ruddy and the oddly aligned public interest groups who also opposed the deal. Ironically enough, Nexstar would come down the same “highway” not long after and acquire Tribune Media’s stations, making it the largest owner of local TV stations and giving it important major market stations like New York’s WPIX, LA’s KTLA and Chicago’s WGN. (Though Nexstar plays the “sidecar” game too, as WPIX is technically owned by Mission Broadcasting, to help keep Nexstar under the 39% cap.)
So far, we haven’t seen word of Christopher Ruddy going after Sinclair’s offer for Scripps with the same objections that he went on his Newsmax to lobby against Nexstar. The question is whether he will and if he does, will the man who has the desk in the Oval Office inside the White House agree with him?
We’re reminded about that road that was “paved with good intentions.” And at the moment, there may not be a lot of “Happy Motoring” to found on the highways of the merger maps being consulted by the nation’s biggest television station owners.
As for us, we’re up to 425 knots and it’s been a pretty smooth ride.
There was a time when the only political news that happened on a Sunday was whatever the various partisan talking heads managed to say on the Sunday morning network news shows. Every weekend newscast producer knows the drill: you pull a soundbite or two from each of the party faithful who said the most interesting things on NBC’s "Meet the Press", CBS’s "Face the Nation", ABC’s "This Week", CNN’s "State of the Union" or "Fox News Sunday.” If one of your state’s members of Congress were on, that might even warrant a mini-package.
That was before the nation started receiving policy positions from social media posts made at any hour of any day.
And because the President of these United States has his own social media platform, in the form of the Trump Media & Technology group-owned “Truth Social,” the reality is that whatever gets posted to the Commander-In-Chief’s “official” account between Friday and Sunday is as likely to be a story in the Sunday night newscasts as anything said on those Sunday morning shows.
This Sunday was no different. While much of the nation was focused on the Dallas Cowboys' improbable comeback to defeat the Philadelphia Eagles in the second half of the Sunday afternoon doubleheader, the account of [@realDonaldTrump](https://micro.blog/realDonaldTrump) posted this:
"If this would also allow the Radical Left Networks to ‘enlarge’ - I would not be happy. ABC & NBC, in particular, are a disaster - A VIRTUAL ARM OF THE DEMOCRAT PARTY. They should be viewed as an illegal campaign to the Radical Left. NO EXPANSION OF THE FAKE NEWS NETWORKS. If anything, make them SMALLER! President DJT"
The Truth Social post linked to a story on the Newsmax website, in which last week, that network’s CEO, Christopher Ruddy, went on the air to blast the proposed Nexstar-TEGNA merger, claiming it would “give the big TV networks massive reach.” The headline of the web story on his appearance makes the point even sharper: “FCC lifting TV cap a ‘disaster’ for Conservatives."
But he didn’t stop with just his previously expressed distaste for the 6-plus billion dollar deal that would unite Nexstar and TEGNA to create the largest single owner of local television stations. Ruddy went on to chastise Nexstar in particular, citing a statistic that claims that 78% of Nexstar employees donated to Kamala Harris in the last election.
(We find that claim, which wasn’t attributed to any source, a bit incredulous—given that the majority of the company’s 13,000-plus employees probably don’t make ANY political contributions, given their positions, not to mention the size of their paychecks. Well, at least those in non-executive positions.)
Ruddy wasn’t done “dropping bombs” (as the kids used to say) on all things Nexstar.
He labelled the company’s “NewsNation” as a “liberal news network”— headlined by former CNN anchor Chris Cuomo. But perhaps his most substantial challenge would come in the form of this quote: "The answer to Big Tech consolidation is not to give left-wing TV broadcasters massive consolidation and power, too...You don't fix Big Tech consolidation by creating another industry with massive left-wing consolidation.” The challenge of “Big Tech” to local broadcasters has been a key argument Perry Sook has used to justify the merger, which would require raising the FCC-mandated cap on the number of local stations any one company can own, so that no one company reaches more than 39% of the nation’s TV viewers.
If the merger between Nexstar and TEGNA were allowed with no restrictions, the company would own stations reaching more than 80% of U.S. Households.
Finally, in a moment that was reminiscent of anchorman Howard Beale’s on-camera meltdown in the 1976 movie “Network.” Ruddy suggested that people who agree with him should "call their Congressman and call their Senators” to let them know that they "oppose lifting the 39% cap and the Nexstar merger."
Apparently, the occupant of the Oval Office seems somewhat swayed by Mr. Ruddy’s opposition.
And that’s despite Nexstar’s Chairman and CEO heaping praise on the President and his FCC Chairman, Brendan Carr, during his appearance with Fox Business anchor Maria Bartiromo last week. We detailed what he said in our dispatch from last Friday, which you can read here if you missed it.
This would be where we channel our inner Keanu Reeves to quietly exclaim to ourselves: “Whoa."
Of course, the contention that the Nexstar-TEGNA deal would “allow the Radical Left Networks to enlarge” is a bit misguided. In reality, the proposed deal doesn’t change the reach of either ABC or NBC in any meaningful way, because the number of stations each network airs on wouldn’t change—just who owns those stations would. And that isn’t either one of those “VIRTUAL ARMS OF THE DEMOCRAT PARTY” as the President called the two networks in his Sunday afternoon post.
So that runs a bit counter to the massive deregulation push the FCC Chairman has been promising for most of this year.
We would be remiss if we suggested here that this was anything more than a pesky speed bump on the road to getting the Nexstar-TEGNA deal done. But it is notable that within an hour after the initial Truth Social post from [@realDonaldTrump](https://micro.blog/realDonaldTrump), the social media of some conservative influencers picked up the theme. Over on Facebook, the account for “Conservative Twins” headlined a post with “President Trump has ordered the FCC to STOP a massive media merger that would super-charge the left-wing legacy networks."
Come to think about it, maybe this is more of a pothole than just a speed bump. How big a pothole? That remains to be seen.
We can but hope that Perry Sook has a good spare in the trunk of his company car.
We have just cracked into Andrew Ross Sorkin’s bestseller “1929” here at the TVND World Headquarters. We plan to make it our Thanksgiving-week read while traveling to see family, as we assume most everyone will be doing in some form in the days ahead. (We’ll note that we may be a bit sporadic in publishing anything new here, assuming that even the “always be dealing” types will take a break from the action.)
But the week that is just ending has had us thinking more about the premise that the business events of the roaring 1920s could be recycling now in the 2020s. And as we end this year, which marks the mid-point of the decade, the stop signals on the tracks ahead couldn’t be any more red in color.
And for our purposes here, we are not even considering the never-more-improbable landscape that is anything remotely political, either globally or just here on our shores. And pretty much everywhere in between.
No, we are still very much focused on the television business. Or at least whatever is set to be left of it when all the dust settles.
We started this week writing about the odd courtship between Sinclair Broadcasting Group (Stock Ticker: SBGI) and The E.W. Scripps Company, widely known by its surname, Scripps (Ticker: SSP). The week has progressed with suggestions that Sinclair is continuing to increase its stake in the publicly traded stock of Scripps, which continues to play its “reluctant bride” role about potentially heading to the altar to enter into an unholy union.
Tim Hanlon, one of the principal scribes over at TVRev.com, just wrote a fascinating look at a potential Sinclair-Scripps deal. He called it a 'reality check,” and we’d certainly suggest it is well worth your time to read his take. Tim doesn’t mince words (which is why we always enjoy his writing). He calls the situation "a tangle of structural, regulatory, and reputational hazards."
He proceeds to dissect the various challenges to consummating the marriage, and zooms in on the specific market challenges in Baltimore (where Sincalir is based), Cincinnati (where Scripps is based), and Nashville (where country music and its countless songs about bad relationships are based). Tim concludes his analysis with this bit of clarity about the Sinclair-Scripps deal: "Combined with a corporate culture prone to political activism, financial overextension, and regulatory brinkmanship, it represents a high-risk consolidation of US local television."
(Don’t feel like you need to hold anything back, brother Hanlon.)
Forgive us, but we do have to ask precisely what isn’t "a high-risk consolidation of US local television these days?"
And is anyone actually worried about those “hazards” you mentioned? Certainly not the regulatory ones--because those seem to be as illusory as those perfect marriages we kept getting told about by the never-ending stream of “trad wives” pontificating from the front seat of their cars on seemingly every social media platform available.
The amount of sucking up to the power brokers in Washington and the money brokers in New York City isn’t too hard to follow. As mega-billion-dollar bids were submitted to acquire either all or part of Warner Bros. Discovery (WBD), the business press is running at full speed with speculation that the Father-Son duo of Larry and David Ellison of the newly minted Paramount-Skydance (PSKY) has the inside track on that deal because they have the ear of the POTUS. And they may have already tipped their hand: if they were to get their hands on WBD's assets, they would be kicking out those pesky CNN anchors--who aren’t beloved in the White House these days—right to the curb to join the ever-growing legion of unemployed journalists turned Substack authors. (No, that irony isn’t lost on us--at all.)
That is assuming that the Saudi Royal Family’s Investment Fund doesn’t just say to David Zaslav and the WBD board of directors: “name your price."
Meanwhile, Nexstar Chairman and CEO Perry Sook was making the rounds this week to friendly haunts he knew might be an important screen or two, somewhere in the District of Columbia. Sook told Fox Business anchor (and best female impersonator of the hyperbolic Jim Cramer) Maria Bartiromo, that his proposed deal to acquire rival TEGNA was “thanks to President Trump and his administration that is focused on eliminating unnecessary rules and unshackling businesses to compete in the current environment.” He went on to hail FCC Chairman Brendan Carr’s determination that this is “a break-glass moment for local television”. He praised Carr’s promise to “review and we hope eliminate the outdated rules that govern the size and scope of a company like Nexstar."
Host Bartiromo declared that Sook was “absolutely right” and ticked off the shopping list of supposedly great things that the current administration wants to do. She then played a clip of Chairman Carr talking about the questionable relationships where unlicensed national programmers like Disney, Comcast, and Paramount put pressure on local television broadcasters.”
You know, to carry all that evil programming from the likes of Jimmy Kimmel, Seth Meyers, and Stephen Colbert. (The latter only until next May.)
Chairman Sook then defended his projected synergy figure of $300 million in savings from taking over TEGNA, when Bartiromo noted that at least one industry analyst said that figure might be “light by 50% or more.” He responded that they are into the “second round of diligence” with TEGNA and that while there could be more costs to be cut—or rather more “synergies" to be discovered—and those might allow for even more to be invested in local news, though probably from one building rather than two in the “9 or 10” overlap markets they have identified where each company already has a station. And presumably a building and people working in it.
But lest you fear all that coming consolidation, Sook was quick to remind Bartiromo and her viewers: “We need strong companies that have the ability to scale and preserve local journalism…because as you know, we face an existential threat from big tech in an era of disinformation and fake news. And we, at the local level, we believe we are anti-fake news, maybe the last bastion of that serving local communities.”
Don’t worry about those local communities, because Perry put it plainly: “You need big companies that have the ability to, have the financial wherewithal to support local journalism and grow it over time. Otherwise, I fear we kind of go the way of the newspaper industry."
(Hopefully, that puts all your concerns to rest, because there certainly weren’t any big companies in the newspaper business before it was decimated in the changing media landscape of the previous decade. Of course, you may also remember that there were many more newspapers back in the 1920s. Don’t get stuck on those troubling details.)
There was another figure from Mr. Sook that we thought worth noting. He said, “We see growth from expanding the amount of local news. If you look at the acquisitions we’ve done to date, and we’ve done about 40 of them over the nearly 30 years since I founded the company, we’ve increased the amount of local news serving those communities by about 30 percent over what they were producing at the time of acquisition.”
He did not mention any figures on how many journalists or resources were added to produce this additional percentage of local news on the acquired properties.
Obviously, many players in the television business are hoping the FCC will put a big package of deregulation under the Christmas tree before the end of the year. And if they want that, they have to do the adult version of sitting on Santa’s lap and saying that the economy is definitely growing and the focus on “affordability” is definitely lowering prices for consumers. If you aren’t seeing that at the grocery store, don’t worry--they will come down even more in 2026. If that is what they have to say, then that is just what they will have to do.
After all, nobody wants to be on the naughty list at this time of the year.
The history of television would not be complete without the name of Monty Hall. Mr. Hall was the original host and co-creator of the classic TV game show “Let’s Make A Deal” from its birth in 1963 through various incarnations on various networks and in syndication until 1991. The game show was revived in 2009 by CBS for its daytime schedule, with Wayne Brady filling the role that Monty Hall was synonymous with for nearly three decades. When Hall passed away in 2017 from heart failure at the age of 96, Wayne Brady took a moment on the show to recognize Monty Hall for being a big supporter of the show up until the day he died. He acknowledged him for raising “hundreds of millions of dollars for charity."
It is true that Monty Hall was quite the philanthropist, and his name is on hospital wards in both his native Canada and in his adopted United States. He was a regular for years on Jerry Lewis’s annual telethon for Muscular Dystrophy and lent his name to many other charities. His name appears on various honors, including a star on the Hollywood Walk of Fame.
And as anyone who has ever watched “Let’s Make A Deal” can tell you, in either the original or current versions, Monty Hall created and perfected the show’s ultimate climax in each episode where a contestant from the audience is offered “the big deal of the day.” In the game, the contestant must choose one of three large “doors” on the studio stage. Behind one door is a fabulous prize, another has a lesser consolation prize, and the third has a gag prize worth nothing, or what is known in the show as a “Zonk."
The fun is in watching to see if the contestant selects the correct door and wins the biggest prize.
This very dilemma is at the heart of a probability puzzle conceived by a statistician in 1975 and detailed in a journal called The American Statistician. The puzzle was dubbed “the Monty Hall Problem,” and it addressed the probability of what happens after a contestant in the game-show scenario learns what is behind one of the two doors they didn’t pick. The host offers the contestant the opportunity to switch their choice or sometimes to take a cash amount in exchange for walking away from their choice.
This brings us to today’s story from the Wall Street Journal’s Joe Flint and Lauren Thomas, which reported that Sinclair Broadcast Group (SBGI) has taken a significant 8% stake in the stock of broadcasting rival E.W. Scripps Company (SSP). The value of the stake was estimated at just over $15 million. The news turbocharged Scripps shares, sending them over 30% higher in midday trading on this Monday, even as Scripps quickly said it would “take all appropriate steps to protect the company and the company’s shareholders from the opportunistic actions of Sinclair or anyone else."
For its part, Sinclair said that it has “been in talks for months" about a deal that would combine the companies. You will recall that the WSJ’s Flint reported on August 19th that Sinclair was going to merge with TEGNA. It was a blockbuster story until Nexstar’s Chairman and CEO, Perry Sook, did his best impersonation of ESPN’s College Football legend Lee Corso and said, “Not so fast, my fine friend!” Sook then rolled out his 6-plus-billion-dollar offer, in which Nexstar would acquire TEGNA, and remain the nation’s largest owner of local television stations—assuming the current FCC will relax its ownership rules to allow the transaction to proceed. (The just-ended government shutdown slowed things down a bit on that front.)
Apparently, Sinclair then set its sights on a more affordable partner to merge with. And that was the Cincinnati-based Scripps, which currently owns 61 television stations—though it has announced plans to sell its Indianapolis station, WRTV, to DuJuan McCoy’s Circle City Broadcasting, which already owns and operates WISH-TV and WNDY in that market.
Adding Scripps' 60 TV stations, across some 40 markets, to Sinclair’s 185 “owned and operated” stations in 85 markets would make the combined entity the second “mega TV group” after a combined Nexstar-TEGNA. And that total station count doesn’t include the 100-plus stations owned by so-called “sidecar” companies such as Cunningham Broadcasting, Howard Stirk Holdings, and Deerfield Media. Those companies have agreements that have allowed Sinclair to operate their stations as if they were owned by Sinclair, without running afoul of those pesky FCC rules limiting one owner to no more than 39% of local TV stations.
So Scripps now knows what is behind “Door Number One,” and that is an eager Sinclair with an “urge to merge.” And that leaves the fate of Scripps CEO Adam Symson and his entire team in the Scripps tower in Cincinnati a bit uncertain if that deal were agreed to. Scripps is the smaller of the two companies, with a market cap of nearly $365 million, compared to Sinclair’s about $1.2 billion. The “enterprise value” of the two companies is closer, with Scripps at $3.40 billion and Sinclair at $4.84 billion. But Sinclair has a larger amount of debt of the two, which is probably what triggered it to begin ”a strategic review” of its operations earlier this year.
The question now for Scripps is what would be behind “Door Number Two or Door Number Three,” as Monty Hall would have put it. We can deduce that door number two would be to tell those Sinclair folks from Cockeysville, Maryland, to “go pound sand” and keep running Scripps as the noble enterprise that still professes it strives to “Give light and the people will find their way.” To accomplish this, Scripps likely needs to unload some stations to bring in some cash that would give Symson & Company some “dry powder” to work with in rebuffing Sinclair’s advances.
Then there would be door number three. What might be behind it is anyone’s guess. Another suitor better suited to Scripps’ legacy as a “higher calling” rather than treating journalism merely as a for-profit business. After all, the company still hosts the National Spelling Bee each year, a tradition that dates back to its days as a major newspaper publisher. Another complicating factor is the significant control still held by the descendants of the Scripps family through their ownership of a special class of voting shares in the company.
Door number three could have just about anything behind it. And thus the “Monty Hall Problem” comes into play. In the “Let’s Make A Deal” game, a contestant would pick one of three doors, giving them a 1-in-3 chance of winning the largest prize available. If the host, who knows which door has that prize behind it, showed them what was behind one of the doors they didn’t pick, then probability suggests that the contestant’s chances are now one in two, or basically 50/50. But in an interview in the New York Times in 1991, Monty Hall explained that because he controlled the game and knew what was behind each door, he could play on the psychology of the contestant and make a tempting offer for the contestant to switch their choice to the other remaining door, which raised the drama of that moment in the show.
But the secret was that he didn’t have to do so. He could play the moment out however he wanted to because there wasn’t a rule that required him to make an alternative offer. The contestant just had to live with whatever door they originally selected. And hope that there wasn’t a “Zonk” waiting for them behind it.
So it is a pretty tough decision for Scripps. Whether to take what it now knows is behind Door Number One, a merger with Sinclair, or Door Number Two, which is staying on its own through whatever means necessary, or then again, whatever solution might await behind Door Number Three. One that hopefully isn’t one gigantic “Zonk."
Of course, in the game show, there would always be another contestant playing for “the big deal of the day” come the very next episode. In the real world of the television business, as it stands in late 2025 — nothing is nearly that certain.
There can be no argument that we live in challenging times.
For working journalists, we know those challenges seem greater than ever. And we get why that is the case. Over the last five years, we have seen more polarization and change in attitudes than in the fifty years prior. And whether you have been working for just the past few years or for decades, covering the news in some situations has never been more challenging.
Take, for instance, the assignment that you may be confronted with seemingly any day now—covering a public protest.
The size and frequency of public protests have grown in the past year. Given that law enforcement officers may be involved in these events, either in their traditional role of maintaining public safety or as the object of the protest itself. All working journalists and those who manage them need to be current on the legal “rules of the road” before engaging in covering these situations.
Given the potential for such situations to develop in Minnesota, as in nearly every place these days, we were encouraged to see the Minnesota Journalism Center at the University of Minnesota’s Hubbard School of Journalism and Mass Communications host a free online training event yesterday. The session, titled “Know Your Rights: Protest Safety and Police Interactions for Journalists,” featured a presentation from Jennifer Nelson, who is the Director of Pre-publication Review and Journalist Support at the Reporters Committee for Freedom of the Press.
Nelson did an outstanding job of covering the key points every journalist should know to protect themselves and their work in the midst of these unpredictable, volatile assignments. No matter how experienced or knowledgeable about the law you might be, a refresher on this information can only help when you need to know what your rights are and how best to exercise them. (Yes, even newsroom veterans like ourselves learned a thing or two in the session.
Major kudos to the Minnesota Journalism Center for being proactive and holding the session. We would strongly urge you to consider having your state broadcasters' association, SPJ chapter, ownership group, or any other professional organization follow their example and schedule similar training as soon as possible.
Speaking of the RCFP, they are a vital resource as the leading pro bono legal services organization for journalists and newsrooms in the U.S. Their 24-hour hotline for journalists on media law and press freedom issues is a number every journalist should have in their pocket. They are a non-profit that could use support from everyone who values freedom of the press and strong journalism.
They didn’t ask, but we will strongly suggest that you consider donating to support their incredibly valuable work. Even a small contribution helps keep them doing what they do, so you can keep doing what you do. Donate by clicking right here. (That will take you directly to their webpage to do so.)
We’ll wrap this up by channeling the character of Sgt. Phil Esterhaus from the 1980s TV classic, “Hill Street Blues,” who ended every roll call with:
“Hey! Let’s be careful out there."
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(Allow us to suggest that you take a moment to share this edition with your colleagues and friends who could benefit from this reminder to be smart and stay safe.)
Long before his career in politics, which would ultimately lead him to the White House, Ronald Reagan found fame and fortune as an actor. This fact leads to one of the biggest laughs in 1985’s “Back To The Future” for Christopher Lloyd as “Doc Brown."
One of the roles he would be best known for was not on the big screen, where he played George Gipp in the 1940 film “Knute Rockne, All-American.” But instead, it was on the emerging smaller screen of Television. Reagan was the longtime face of the General Electric company, both as host of the series General Electric Theater and as the commercial spokesperson for the company, where he would deliver the company’s post-World War II advertising messages, which typically ended with him saying: “At GE, Progress is our most important product."
The messaging was very intentional. General Electric, like many large industrial companies after World War II, had to convince the buying public that the booming market for products and services to make life easier, ostensibly, was one that they should embrace and support with their money. Everything from electric refrigerators replacing the iceboxes found in most kitchens to the electric-powered locomotives replacing the steam engines that pulled trains across the nation.
GE made both of those innovations, along with many more of that era. But as always, human beings are often reluctant to embrace change, even when it is in their best interest to do so.
Throughout our time in television news, we have witnessed many changes in how the news is gathered, produced, and delivered.
In our earliest years, during the mid to late 1970s, we were part of the first generation of television news journalists who would move from shooting 16mm film to gather news footage to using small-format cameras and videotape that didn’t require the time-consuming process of developing the film before it could be edited and projected. This change was dubbed “Electronic News Gathering” and given the acronym “ENG." In the 1980s, we saw typewriters and carbon-paper script sets replaced by computers on every desktop, and eventually into the hands of reporters in the field. The 1990s? Graphics systems that enabled high-resolution typography and graphics across every market. By the 2000s, early control room automation systems reduced staffing from at least a half-dozen people down to just a couple.
And today, we all carry devices in our pockets that can nearly match the production power of an entire television station.
Those were just a few examples of the significant changes that come to mind. Like any industry, progress comes with the promise of making things better, faster, and perhaps most importantly to those who own television stations, more economical. Note that we consciously avoided using the word cheaper, because the impetus is not universally to do things “on the cheap” — even if some owners might be more willing to do just that.
Which brings us to the current debate we have been hearing more about lately—the growing adoption of artificial intelligence tools in the newsroom.
Along with that is the ancillary argument over whether or not the use of such tools should be disclosed to the audience and, if needed, just how that should be done. (Yes, we can definitely imagine some station in the future promoting the fact that their news is “100% human-powered.”)
Putting it another way, “progress never happens without some pain in the process.” (Overwrought alliteration notwithstanding.)
Let’s be clear, fear is typically the biggest hurdle to progress. The arrival of AI as a newsroom tool would certainly trigger some uncertainty about the status quo. After all, the changes we detailed a few paragraphs ago created a significant learning curve for doing things differently. And each led to the loss of jobs made superfluous by technological advancements.
The fear of advancing AI in nearly every walk of life is understandable. The rise of artificial intelligence has been depicted throughout science fiction as always the root of humanity's decline, if not its outright destruction. So it is not too surprising to hear that there are those in the newsroom who would see the arrival of A.I. tools as being the equivalent of the moment where Skynet becomes sentient in the plot of “The Terminator."
Unless someone has a super-secret AI implementation in their newsroom that we are totally unaware of, we have to say that, while we completely understand the uncertainty, we do find these fears a bit overblown.
We’re not yet fans of any "virtual anchor" examples we’ve seen, so let’s put that nascent technology aside (at least for the moment) and focus on the editorial tools that are now in place or being planned. Whether arriving in TV newsroom computer systems like ENPS and iNEWS, along with newer challengers like Ross Inception, Octopus Newsroom, and Cuez, or in “outboard” tools, such as Magid’s Collaborator and even Grammarly as a grammar and spell checker, these new tools are at the heart of the battles we are hearing about.
The one thing all of these tools have in common is that, like all current artificial intelligence, the process is not automatic. They start with human input. While you can ask AI to do everything from producing story ideas to writing online versions of broadcast scripts (and vice versa), it does not do any of these things without being asked, or in the current parlance, prompted.
We’re writing this very article with the help of Grammarly, the AI-powered grammar and spell checker. We will accept some of the program's suggested changes—others we will dismiss “with prejudice,” as our lawyer likes to say. Ultimately, we control what the tool does in our editorial process. As a minimal staff, we are reminded of our days as a newscast producer on a weekend shift, when we mostly worked alone for much of the shift, until the anchor, who also did some reporting each day, got back into the newsroom and could read over the scripts we had written.
We haven’t felt the need to attach a disclosure about the use of an AI tool in our writing, no matter how minimal it might be. We are aware that this is a point of contention in some newsrooms, where there has been debate over whether to include language acknowledging that artificial intelligence has been used in the editorial process. Some stations have chosen to attach such language to their online stories when this has been the case.
Obviously, this practice is more difficult to practice during a live broadcast. We have heard the argument that, because AI seems to be in everything these days, the audience either assumes it is used in preparing the news or doesn’t care if it is. Some would argue that the more transparency, the better, especially in an age when many believe in “fake news.”
As of this writing, there are no specific FCC rules regarding the use of AI in broadcasting. The closest corollary might be the rules that have been in place since the early days of radio regarding the use of “mechanical reproduction.” Live music was a staple of early radio broadcasting, be it singers, orchestras, or everything musical in between. Recording technology was very primitive at the time. But as that technology improved, there were concerns that radio stations would try to mislead audiences into believing that all musical performances were live, when they were not. By the end of radio’s first decade in the early 1930s, the FCC required the use of the “mechanical reproduction announcement” on stations to prevent any confusion. These announcements would be along the lines of “portions of today’s programming were reproduced by means of electrical transcription or magnetic tape.”
When first adopted, the FCC required such an announcement to be aired every half-hour during any recorded programming. By 1956, the FCC amended its rules so that such announcements were only needed on programming "in which the element of time is of special significance and presentation of which would create, either intentionally or unintentionally, the impression or belief on the part of the listening audience that the event or program being broadcast is in fact occurring simultaneously with the broadcast.”
That said, we recall having to air such an announcement at the start of each broadcast day during our early career stint as a master control operator.
We would offer that having an “AI Creation Announcement” at the end of each newscast could serve much the same purpose. An on-screen graphic stating “Portions of this newscast created with the assistance of artificial intelligence writing tools” (or something along those lines) would seem a solid step towards complete transparency with viewers.
(At least until the adoption of "virtual anchors” requires that disclaimer be a bit more extensive.)
Newsroom purists, we’re sorry, but we don’t see the use of AI-powered tools going away in the future. We also don’t see a time when human-powered journalism will be replaced entirely in the editorial process. Sure, AI is still very capable of making mistakes, typically called by the interesting terminology of “hallucinations.” Humans, particularly in the still-vital review phase of the editorial process, are still the last line of defense.
Just as they have been with every form of automation that has come to the business.
A reminder that, before his years in acting and politics, Ronald Reagan was a broadcaster. First with WHO Radio in Des Moines and later as the play-by-play voice of the Chicago Cubs. (A screen test while in Southern California to cover the Cubs’ Spring Training led to his career as an actor.) While at WHO, “Dutch” Reagan, as he was known, gained notice for his “live play-by-play baseball broadcasts.” He created these broadcasts by reading the details off the wire services as if he were watching the games.
There is no record we can find as to whether he told listeners that he really wasn’t.
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(Errata: The original version of this article referred to “the war to end all wars” in reference to World War II, when in fact that quote was actually about World War I. We regret the error and thank those readers who alerted us to it.)
Off the top, our apologies for a thin past week of posting here. We’ve been dealing with a bunch of stuff, including working on an upcoming makeover for The Topline. No excuses, mind you—just an explanation as to why our hopefully pithy commentary on the television business hasn’t been landing in your inbox as much as we certainly hope you have come to expect. With that, we present this bonus weekend edition, which we hope you enjoy.
In the long parade of actual characters we have known in the television business across the past five decades, one name stands out prominently for many reasons, but perhaps for one reason above all.
Way back in the “go-go” years of local television news, say from the 1970s to the 1990s, there were three people who you had to know if you wanted to grow a career in front of the camera. They were Sandra Connell of Talent Dynamics, Barbara Frye of Frank N. Magid and Associates, and Don Fitzpatrick of the firm that bore his name, Don Fitzpatrick Associates. We are honored to say that we knew and worked with all three at some point along the way.
In recent years, Sandra stepped away from the firm she founded (it is now in the capable hands of news veterans Gary Brown and Patrick McCreery, longtime friends of this blog), Barb left Magid, and to the sadness of everyone who knew him, Don passed away in April of 2006 from health-related issues. As all proper obituaries should end: He was 56 years old.
But Don’s legacy lives on in the many people whose careers he advanced along the way. Household names like Jim Nantz, John Tesh, Meredith Vieira, and Leeza Gibbons, to name but a few. Don, like Sandra and Barb, was the keeper of a talent library of nearly everyone who appeared on television — from the network level down to tiny markets like Alexandria, Louisiana.
Ironically, that small market is where Don passed away, much too soon.
When a network TV executive or local news director needed someone new to sit behind an anchor desk or be the next fresh face to round out a reporting staff, they would typically make the pilgrimage to either see Barb in her suburban Cedar Rapids office at Magid’s HQ, or to Sandra’s office in Dallas, or to Don’s place in San Francisco.
Why the trip? Well, kids, once upon a time, there were no computers or the internet. No streaming video or apps that let you watch almost anyone on television, let alone any channel from anywhere.
Back then, talent libraries were kept on videotape. Tapes were recorded in each local market and then indexed and stored in physical facilities. Those looking to screen many potential candidates would travel to the offices of these three people (and probably others whom we have regretfully overlooked). You’d spend a day or two going through countless video cassettes of whatever format was current at the time, be it 3/4-inch “U-Matic” or Beta or eventually the ubiquitous VHS. When a potential star was discovered, files would be checked to determine how much the individual was making, what their contract situation might be, and where they might like to go next in their career.
Because Sandra, Barb, and Don were somewhat encyclopedic in their knowledge of who wanted to go where, how they had done so, where they had been, and other key details that the decision-makers on hiring would want to know. They also performed this function for key talent who worked behind the cameras as well.
Given that this process could take a couple of days, depending on the scope of the search, there would be quite a bit of interaction and conversation about industry goings-on, and details about colleagues and competitors as computers arrived on desktops, connectivity followed with the dial-up modem, which made those horrible screeching noises over the telephone line to transmit data at less-than-blinding speeds of 300, 1200, 2400, and eventually 56,000 bits per second. Then electronic communication between users followed, first in the form of early online services such as The Source and CompuServe, and later in the form of the giant success America Online. Don Fitzpatrick would begin sending emails with tidbits he heard or questions about what was going on to a constantly growing group of colleagues and friends.
First known as “Rumorville,” the daily communications became the more substantial-sounding “ShopTalk.” That in turn eventually begat the newsletter-turned-website “TVSpy,” which exists today as part of the Adweek publication empire.
Back then, a visit to see Don in his San Francisco office on Townsend Street would usually include him screening a blooper clip or two to break up the monotony. This tradition typically included the eternally red-faced Irishman to ask each new visitor, “Have you seen the exploding whale story from Portland?"
If the response were no, Don would immediately say, “Hold on, you must see this!” He would leave the room and return with a videotape, which he would slap into a VCR and hit the play button to light up the TV monitor before you.
What followed was a news story from the Pacific coast town of Florence, Oregon. The subject of the report from Portland’s KATU, delivered by reporter Paul Linnman and photographer Doug Brazil, was a 45-foot-long dead whale that weighed some eight tons and had washed ashore. The carcass of the great beast (with apologies to George Costanza) was rotting and creating quite the stink. Something had to be done.
Documenting what followed on November 12th, 1970, is simply one of the best examples of storytelling ever captured on film. Yes, friends, film. Because that is what all local television news was captured on at the time.
We completely agree with his assessment. And Don Fitzpatrick would as well.
Because Don could never watch the three-minute story from KATU’s Linnman and Brazil without laughing so much that one might grow concerned about his ability to catch his breath. During the first screening that we were in the room for, Don had to wipe tears away because the story made him laugh so hard.
You can watch the story at this link to KATU’s YouTube channel. It has been viewed over 23 million times since it was posted 4 years ago. (We do hope the traffic has raised the station’s social media stats.) The backstory and additional details provided by Dave Barry are simply a must-read as well.
We’ll leave it up to you in which order you consume the two. Is it the greatest local television news story ever told? We’ll also leave that judgment up to you.
But Don Fitzpatrick sure thought so.
Next Wednesday will mark 55 years since “the exploding whale” created that infamous moment in Oregon history. And next April will mark 20 years since Don left us. We still miss getting the occasional call or email from him, which usually began with a cheery “How’s it going?”
The television news business was definitely a bit more fun back then. Exploding whale stories and all.
One quick thought before we dive in here: If you haven’t listened recently to the music of the late James Brown, or you have never listened to him at all, do make it a point to punch up his classic “Papa’s Got A Brand New Bag” on the music library app of your choice (aka Apple Music, Spotify, etc.) as you read this.
Or at some point today. Maybe the next time you are in the car.
There was a smattering of press coverage last week about the announcement that Nexstar’s Founder and CEO, Perry Sook, had a new contract approved by the company’s board of directors (which Sook also chairs) to continue in his current position through March of 2029. The latest employment agreement continues Sook’s current base compensation of $3 million a year, along with a bonus plan that could earn him up to an additional $6 million each year. There are also additional benefits, befitting a person leading a multi-billion-dollar corporation, such as use of a company car, company air transportation (including reimbursing him up to $500K for “use of an aircraft for personal matters.” Also included are the usual employee benefits, such as insurance and paid time off.
We certainly don’t begrudge Mr. Sook his new deal. While 9 million dollars is an unimaginable level of compensation to most of us, it isn’t out of line with what other CEOs of major corporations are paid for their services.
After all, in the course of the next few years, Mr. Sook will be navigating the proposed merger of Nexstar and TEGNA, a transaction valued at more than $6 billion that will catapult Nexstar, already the nation’s largest broadcast television station owner, into a position of national dominance.
Assuming, of course, that the deal clears the regulatory hurdles, both known and unknown, that lie ahead.
Compensation is a term of art in business. It can include more than just a salary and benefits, which every employee typically receives. At the executive level of corporations, there are additional avenues to acknowledge and reward the work of those who lead the enterprise. One typical means for this is called "long-term incentive compensation awards,” which involve giving select employees shares of the company's stock that vest over time. According to his contract, Mr. Sook will continue to receive "long-term incentive compensation awards” from Nexstar. Those awards have been handsome in recent years. They boosted his total compensation to nearly $36 million in 2024 alone.
You can read the details of Mr. Sook’s new employment agreement for yourself (because such things have to be filed with the SEC for publicly traded companies). Click here for a link to do so via Justia.com
(We’ll warn you that reading it may remind you of any reasons that you chose not to attend law school when you had the chance.)
One thing we noticed in reading through the agreement was the provisions under which both Nexstar and Mr. Sook can terminate the contract. Having such provisions in an employment agreement is relatively standard, both parties want to know what will happen in the event of a significant life event, such as disability or death, along with the ability for the company to terminate employment “for cause,” such as being convicted of a felony, failing or refusing to perform the duties of the job, or breaking some other provision of the agreement. Such agreements also include a provision for terminating the contract for any other reasons, usually referred to as being “not for cause.”
In Mr. Sook’s employment agreement, there is such a provision in which a majority of the company’s board of directors can terminate his employment for any reason it determines, simply by presenting him with thirty days' notice in writing. The agreement also includes provisions where Mr. Sook can terminate his employment agreement as well, either with “good reason” or without.
This may be the point at which Perry Sook’s employment agreement differs a bit from those of others in his company, especially those who appear on-air for the company’s 200-plus local television stations. While we haven’t seen an on-air employment agreement from a Nexstar station recently, those who have tell us they are relatively one-sided and primarily written in the company’s favor. We are not aware of any provisions that allow an employee to choose to leave their employment, whether for “good reason” or not, as the case may be.
Nexstar certainly isn’t alone in this practice. Legal departments write most employment agreements to be as favorable to the employer as possible. But we have heard from numerous employees (and agents or lawyers who represent them) that such language has become even less “employee-friendly” in recent years. This comes with a more “take it or leave it” approach when presented to new and current employees. Some broadcast companies provide for “buy-out” provisions under which employees must pay a fee to end their employment. The explanation for doing so is the claim that the employee’s departure will materially harm the employer.
Of course, should the employer decide, for whatever reason, to terminate employment, the employee will only receive their owed wages for a short period, such as 30 days or even just 2 weeks.
Then there is the question of the parts of an employment agreement that remain in place after employment has ended. This is where the dreaded “non-compete” clauses come into play—assuming that the state where the agreement is governed still permits such language. (In recent years, a growing number of states have outlawed or restricted the use of “non-compete agreements.”)
Because Texas allows non-compete language in employment agreements, Mr. Sook’s agreement includes a “non-compete covenant” that restricts him from working in television for a competitor in any market where Nexstar owns (or has agreed to acquire) a station. The covenant also prevents him from doing business with any client the company may have during the one year after his employment ends.
In addition, after his employment ends, he cannot try to “hire, solicit, employ or contract with respect to employment” any other officer or employee of the company. That is known as “non-solicit” language, which is typically associated with non-compete provisions in an employment agreement.
The reason that Mr. Sook’s employment agreement contains the non-compete and non-solicit language is understandable. If Perry left Nexstar one day, either by his choice or the company’s, it wouldn’t be in the company’s best interest to have him join a competitor or start a new broadcasting company with his intimate knowledge of Nexstar’s operations and an unrestricted ability to poach key talent to join him elsewhere.
It is quite debatable whether an anchor or reporter at a small-market station would be as significant a loss if they departed before their employment agreement ended. However, in states that still allow non-compete language, this provision prevents them from going to work “across the street” for a competitor for a defined period of time (typically 6 months to 1 year).
We’ll add that honoring a one-year non-compete is much easier when your compensation has totaled $150 million-plus over the past five years. Naturally, "your mileage may vary,” as the saying goes.
But you definitely would be able to listen to some of the greatest hits from “The Godfather of Soul”, and probably with a very big smile on your face.
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(Our lawyer asks that we tell you that nothing in this article should be construed as legal or financial advice of any kind. Seeking professional assistance for any legal matters you may be a party to is always recommended.)
Our apologies for a second dispatch on the same day, but given the number of people who have been asking about the news out of the Circle City, we thought it was worth an after-business-hours edition. Here’s our rapid-fire Q&A on the headline "Scripps Selling WRTV Indianapolis To Circle City For $83M”from TVNewsCheck.com
Are we surprised that Scripps is selling another TV station? Not really. We think the company is trying to raise cash by selling whatever stations it can, outside of what you might call its legacy holdings. Those were the 10 TV properties the company had before the purchase of the former McGraw-Hill television stations back in 2011.
Why sell WRTV, the ABC affiliate in Indianapolis? Well, the better question might be, why not? WRTV was one of the McGraw-Hill stations acquired in 2011 as part of a $212 million deal. But, as gently as we can put this, “RTV 6,” as it was once branded, has almost always been the number-four station in the 25th market. Not much has moved the needle for the station’s local news ratings over the years.
Why sell to the in-market competitor, Circle City Broadcasting, owner of WISH-TV and WNDY? Probably because Circle City’s head, DuJuan McCoy, was willing to pay what strikes us as a premium price to add WRTV to his holdings there. The reported price of $83 million seems like more than a 10X multiple of earnings, and even factoring in what the accountants like to call the “accretive value” meaning that WRTV will bring added dollars to Circle City, which in turn will be able to operate the station more efficiently (read that to mean cheaper) than Scripps was able to as a standalone single TV property. This deal also puts the recent staff cuts at WISH-TV into a different light.
Was this deal a reaction to the previously announced Nexstar acquisition of TEGNA? Only if you think that deal--which will combine the market’s existing FOX and CBS duopoly (WXIN/WTTV) that Nexstar currently owns with TEGNA’s NBC station (WTHR), which had been the top-rated station in terms of ratings, but now trails WXIN in key demos, would be a competitive threat to both WRTV and WISH-TV/WNDY? (Spoiler alert—it most certainly would.) Should both the Nexstar-TEGNA marriage and now the WRTV acquisition be approved by the FCC (assuming, of course, that the currently closed federal government ever reopens for business), the fact is that sometime in 2026, Indianapolis will go from having four local TV news operations down to just two serving some six stations.
Is this a one-off deal or the beginning of the long-anticipated flood of deals for local TV stations? We’d guess the latter, though that pesky government shutdown seems to have slowed everything down, at least a bit. We keep hearing about so many conversations going on behind closed doors, and the number of presentations being created to show potential investors should keep Microsoft’s PowerPoint team smiling.
What’s Probably Next? If we knew that, we’d be much happier with the inflated balances we would likely have in our retirement accounts. There is a lot of speculating about who might be ready to make the next moves. The sale of one station in Indianapolis is noteworthy, but not a transaction that will fundamentally change the landscape for either party beyond the I-465 loop circling the Circle City. Even if Scripps CEO Adam Symson says that this “strategic transaction” will allow his company to "reduce debt and improve the durability of its local station portfolio over the long term.”
Hang on, friends, the really fun part of the ride is definitely still ahead of us.
Recent viewing of TV newscasts across various markets and even at the network level has led us to the inescapable conclusion that most of what is being presented each day is just not very watchable. Yes, fewer people are watching, and there is too much competition for the attention of viewers who are less inclined than ever to tune in to anything on a schedule in an on-demand world. But as Jerry Seinfeld told his sold-out audience at New York City’s Beacon Theater this past weekend, “there’s not really anything new in the news."
He’s not wrong--either in the stories covered or in the presentation of them.
Which brings us to the other thing we saw over the last weekend. A Sunday afternoon of professional football. Some seven hours of it. And we watched it all via perhaps the greatest invention for short-attention-span viewers ever created, the National Football League’s RedZone channel.
If you’re not familiar, the RedZone channel is best described as a live “whip around” that switches between all the live games each Sunday afternoon whenever any team is in the “red zone,” meaning the ball is inside the opposing team’s 20-yard line. The channel’s fundamental premise is that it will show "every touchdown from every game.” And they absolutely do.
While this premise may sound relatively simple, it is anything but. The production team from the NFL Network does a fantastic job in executing this frenetic coverage for seven straight hours—without more than an occasional quick break of thirty seconds for a single commercial. (And they just added the commercials this season, much to the chagrin of the channel’s fans.)
Perhaps the most essential element that makes NFL RedZone work is host Scott Hanson.
According to Wikipedia, the 54-year-old Hanson, a Syracuse University graduate and football walk-on, began his broadcasting career as a summer intern at WXYZ in Detroit. His career in local television took him from Traverse City, Michigan, to Springfield, Illinois, and then to Tampa Bay, Florida. He would then join Comcast Sports Net, first in Philadelphia in 2000, before moving to the network’s Mid-Atlantic operation in Bethesda, Maryland, in 2002. Then in 2006, Hanson joined the NFL Network as an anchor and reporter.
Then, in 2009, when that network launched RedZone, Scott Hanson was at the desk, and he has been there ever since. The reason is apparent when you watch the channel for even a short time. His impressive knowledge and ability to smoothly transition from game to game is impressive. (At times, the network will put eight games on the screen at once in its trademark “octo-box”.) Our view is that his ability to deliver 7 hours of coverage with nonstop enthusiasm is what makes RedZone work.
It is this combination of energy and urgency that we think is hard to find in watching television news these days. The combination of having anchors who can project a true knowledge of all the stories in the news, with a delivery that communicates the urgency and importance of the news of the day. Once upon a time, this style was known in the industry as being “the command anchor.” Shorthand for an anchor who always appeared in command of the newscast, especially in unscripted, breaking news coverage.
It would be appropriate to call Scott Hanson a “command anchor” in every aspect of that label, even if he is confined to the world of professional football for one afternoon of one day each week. We’re sure some viewers might not be fans of his presentation, which, to be clear, consists mainly of voicing over all the action throughout his marathon shift each Sunday afternoon.
But even that is something for newscast producers and directors to remember: the video from the scene is always more important than seeing the anchor(s). And then for the anchors to be able to see what is being shown on the screen. We’re reminded of a heated discussion years ago during the construction of a new set, when the shiny new acrylic desktop made it impossible to see the monitors mounted beneath it. After much discussion, the top was modified to solve that problem—much to the chagrin of everyone involved, except for the anchors who had to sit behind that desk.
Of course, Scott Hanson has to keep an eye on many monitors. We’re not specifically familiar with the studio setup for NFL RedZone. But we assume they have optimized it over the previous 15 seasons to make it as efficient as possible for him to stay on top of all the games coming into the control room. Given that RedZone will smoothly handle multiple scoring plays at once, there must be a replay capability in place for each game, allowing replays within seconds of each scoring play. (That’s a workflow that local stations should deploy in breaking news situations to be able to replay crucial moments. Much easier in the age of servers to ingest recordings of live feeds.)
The bigger point we are trying to highlight here is that what made television news “must-see TV” once upon a time was the sense of urgency in the presentation. It’s why Al Primo’s “Eyewitness News” concept changed everything when it debuted in Philadelphia and later in New York City. Then there was the debut of a faster-paced, video-centric competitor in Philadelphia when WPVI debuted its “Action News.” These formats were studied, emulated, and deployed across the country. The same thing was true when Joel Cheatwood and company delivered the hyperdriven presentation of “7 News” on Miami’s WSVN in the 1990s.
The closest thing to that we have seen lately to capture the same sensibility is ABC’s “World News with David Muir.” The reason that newscast is the most watched of the current network offerings is, at least in our view, because it is the best execution of having a “command anchor” leading what is typically a news broadcast with a sense of immediacy in covering the day’s news. We know Muir may not be everyone’s “cup of tea” for whatever reason, but give him and the people working on that newscast credit for understanding the assignment and executing it consistently. From the stack of headlines that often runs past the first two minutes of the newscast--to the closing story franchises designed to leave the viewer with some modicum of a good feeling, there is much about “World News” that is built on the lessons learned from those dominant local news franchises from the past.
It is also our view that these strengths can be brought back to local news in many markets. Once great stations that have abandoned the brands and the philosophies of their past, all for chasing some new age idea that doesn’t place a premium on the one thing that truly distinguishes one television newscast from its competition.
In his 1968 memo introducing the concept of “Eyewitness News” to the staff of WABC-TV —a copy of which is in front of us as we write this —news director Al Primo said it best: “The most important aspect of Eyewitness News is People.”
Many stations and their owners have forgotten this point—the people who bring you the news matter. Not everyone, no matter how well-intentioned or hard-working they might be, can be a “command anchor” for a newscast. Some people, with investments of time and coaching, can become the face of a news presentation that people choose to watch.
And yes, that news program today might not air at 6 and 11 pm over a traditional TV broadcast station. Our position is that in 2025 and beyond, the platform matters less than having the right people and the presentation does. A principle that is still borne out on social media platforms today.
We would suggest again that anyone interested in the survival of television news study the NFL RedZone channel and understand why it works. And yes, we get that very few may be in a position to go outside the safe choices that are leading so many stations and networks to fill their program schedules with more cost-efficient, but ultimately mediocre newscasts. These productions don’t create any sense that, no matter what headlines you may have seen on your smartphone or computer throughout the day, you haven’t really seen the stories behind those headlines and what’s happening with them right now.
Or as Primo put it back in 1968, “Eyewitness News is the concept of comprehensive news coverage by professional broadcast journalists, presented in a bold, creative manner designed to directly involve the viewing audience.”
There wasn’t a ton of industry news made at this week’s NAB Show in New York. The smaller fall installment of the association’s annual convention, held each April in Las Vegas, was a more subdued event that attracted about 12,000 attendees. By our impression, most of those attending were local production industry types who were checking out the wares of the various equipment vendors on the show floor. We didn’t see any major new technology announcements, as vendors typically save those for the larger NAB Show in the spring.
That doesn’t mean that there weren’t some local TV types in attendance at NAB Show New York.
The good folks at TVNewsCheck hosted their “Local TV Strategies” program on Wednesday, featuring a day-long event that examined the state of the industry through panels on topics ranging from ad buying to local programming efforts. There was one panel featuring nearly all the general managers of the local New York City TV stations. Each delivered a sense of “all is well” that rivaled Kevin Bacon’s notable performance in 1978’s “Animal House."
However, based on the overwhelming amount of local political ads we saw during the local TV newscasts in NYC this week, both for the crazy race for the Mayor of the city and the contentious battle for a senate seat in New Jersey, we would have to believe that those GMs will be making their budgets this year.
There was one headline when Sinclair’s Chief Operating Officer, Rob Weisbord, offered up a noble-sounding defense of his company’s decision to preempt “Jimmy Kimmel Live” on their ABC affiliates last month. While we are tempted to nominate his description of the decision being a “fiduciary responsibility to deliver the truth” as an entry for the “corporate-speak hall of fame,” we do have to agree that the boundaries of the First Amendment when applied to broadcasters are complicated by the fact that a license issued by the federal government is what your business depends on.
In another panel on “Programming and Audience at a Crossroads,” there was a discussion about the opportunities that stations are pursuing to develop their OTT and FAST channel offerings in the streaming landscape. NBC Universal Local’s Meredith McGinn, who is the company’s EVP of Diginets and Original Production, detailed how NBC Boston used its streaming platform to deliver gavel-to-gavel coverage of the retrial of Karen Read earlier this year. We’ll resist the temptation to point out that NBC Boston’s global streaming audience probably surpassed its local ratings in the nation’s ninth-largest TV market.
In that same session, WDIV Detroit’s GM Bob Ellis confirmed that his station’s plans to open its own coffee shop are moving forward, and “Foregrounds Coffee,” a clever nod to the station’s channel four brand, will open at the beginning of next year. Ellis expressed his surprise at the number of content partnerships he believes will be hosted at the shop being built in Plymouth, Michigan. He also touted the Graham Media Group’s “story-centric approach,” which has led to a deeper relationship with the community and to covering more stories, more deeply than ever before.
“We’re doing a better job of what we’ve always done” was his answer to the moderator’s question about the state of local programming on his station. Ellis also noted that his ownership group was “leaning into the technology and tools to accomplish the goal of creating more content."
Another Graham Media Group representative on the other side of the Jacob Javits Center echoed that thought.
Graham’s Michael Newman, the company’s Director of Transformation, was on a panel titled “AI and Automation in News Production: Opportunity, Efficiency, and Ethics.” That panel, featuring Hofstra University’s Dean of the Communication School Mark Lukasiewicz and AI Pioneering Meteorologist Amy Freeze, tackled the thorny questions around the adoption of artificial intelligence tools in broadcast newsrooms. Moderator Tara Puckey, the Executive Director of the RTDNA, led the panel through the questions of what is driving the adoption of AI (surprise, surprise, its rooted in the economic challenges facing the industry), the opportunity to deploy AI to eliminate repetitive tasks while building more trust with the audience through deeper dives into the data behind news stories, and the ability to create more content.
Amy Freeze showcased her work on creating her “digital twin,” an AI-generated on-camera version of herself delivering weather content online. It was a fascinating look at a future where data can be directly turned into the kind of weather forecast that TV viewers are familiar with. Freeze noted that the technology has improved dramatically since she began working with it, and that was certainly evident in the examples shown.
Graham’s Newman said that “Broadcasters have to break out beyond the legacy platforms to overcome the impact of 'AI slop.'" That being said, there is a growing amount of AI-generated content that isn’t authentic or accurate. He noted that “AI slop” is scary because the tools currently available are not 100% accurate in detecting “synthetic content."
In simpler terms, there aren’t easy ways to determine what is real and what isn’t, though it mostly looks pretty genuine.
(We’ll take this opportunity to point out to RTDNA’s Puckey that the NAB Show New York sure seems like a potential place for her organization to reincarnate its currently canceled annual conference around in future years.)
Our final stop was an afternoon session with the lofty title of “Trust, Misinformation and News Credibility: Rebuilding the Public’s Confidence in Journalism.” The participants were the notable chroniclers of the media business, Status founder and editor Oliver Darcy, Axios Media Correspondent Sara Fischer, and CNN’s Chief Media Analyst Brian Stelter. Moderator Patrick Healy, the Assistant Managing Editor for Standards and Trust at The New York Times (who dutifully noted that his job didn’t even exist until a few months ago) got things off the a quick start by asking what was to blame for the declining trust in news to which Oliver Darcy came out swinging with his swift response: “The US President and his propaganda machine.” With that, we were off to the races, and Brian Stelter responded that while it is important to “state the threat,” it is also critical to “recognize what is and isn’t within our control."
(It must have been interesting to be around Darcy and Stelter when they worked together previously at CNN. We got the impression that these two must have had some fascinating conversations across the cubicle walls back then.)
Axios’s Fischer was seated between the two, and she dove into the recent news that Disney lost twice as many subscribers to its Disney+ and Hulu streaming platforms in the wake of “Kimmelgate,” ABC’s brief “suspension” of its “Jimmy Kimmel Live” late-night franchise. Fischer called out the “capitulation of local broadcasters” in that situation. However, we would note that neither Nexstar nor Sinclair, whose stations kept Kimmel off the air even longer than the network did, really are “local broadcasters.” As pointed out by the aforementioned Rob Weisbord from Sinclair, those decisions came from the corporate headquarters of the two companies that own multiple local ABC affiliates across the country.
But Fischer accurately cited that the cancellation of Kimmel, however brief, led GOP lawmakers to “draw a red line” for FCC Chairman Brendan Carr and his podcast remarks that certainly ignited the delayed controversy over Kimmel’s monologue about the assassination of Charlie Kirk. Even though Chairman Carr took on the child-like denial of having anything to do with ABC’s suspension of Kimmel, it is interesting that in another podcast just this week, he did appear to rattle his regulatory saber by stating that “Broadcast licenses are not sacred cows."
Back at the panel in NYC, all four participants agreed that the public backlash to “Kimmelgate” had demonstrated that the power of consumers is still significant. Darcy and Stelter tangled more on the idea that “normal Republicans” still check in with news sources like The New York Times, and explored the current controversy about the press corps at the Pentagon. Darcy would call the newly installed Pentagon press corps “right-wing whackos.” Stelter would counter with the plea that journalists have to continue “meeting people where they are."
Fischer brought forth two points that might have been the most salient in the discussion. The first was that “we don’t hold those in the private sector as accountable as those in the public sector.” That was a follow-up to a Darcy note that “News needs to cover Silicon Valley as a new seat of power.” He asked why Elon Musk is never described as “a right-wing influencer” in press coverage, but is usually described as “a billionaire businessman.”
She also pointed out that “two things can be true at once” and that the press needs to convey both the political and business aspects in its stories. She noted that tech platforms “only respond to market forces,” and she raised the provocative question of whether they should be regulated like utilities.
But all on the panel agreed that, for journalism, the most important thing is putting new information out to the world.
Which reminded us of the lyrics to Don Henley’s song, where he correctly notes that “Everything can change…in a New York Minute."
And yes, that song was playing on our AirPods as we left the Javits Center to head out into the metropolis that is New York City.
We have been reminded recently that we often rely on scenes from movies to make the challenges of real life a bit more relatable. This is an accurate observation, and we plead guilty as charged. We find great movies often capture life’s challenges in the most memorable ways, and there is something truly magical about experiencing them on a big screen with a cinematic soundtrack.
In 1964, film director Stanley Kubrick made the satirical, dark comedy titled “Dr. Strangelove.” It was a farce set during the height of the Cold War, serving as a foil to the terrifying thriller “Fail Safe” that came out in the same year. "Fail Safe" was based on a bestselling book that began as a series of articles in the Saturday Evening Post. They described a terrifying scenario of what could happen if a mistake were made that accidentally sent US nuclear bombers to attack targets in the Soviet Union.
In other words, what might happen if the “fail-safe” mechanisms, designed to prevent such an accident, actually failed?
The fact that the series in the Saturday Evening Post came out during 1962’s Cuban Missile Crisis made the fictional scenario all the more plausible. Of course, it also helped sales of the book quite a bit. The movie version, featuring a fantastic performance by Henry Fonda as the President of the United States, is a must-watch. (It is streaming on the Tubi service and available to rent on Amazon Prime Video.)
Then, "Dr. Strangelove" took the Cold War scenario and turned it on its head. Kubrick’s film is actually titled “Dr Strangelove—Or How I Learned to Stop Worrying and Love the Bomb.” It satirized the fear that had become a hallmark of the Cold War era in brilliant fashion.
It is our position that every generation has something that it fears. For the children of “The Greatest Generation” who lived through World War II, the era of the Cold War followed. The reality of a war that ended with the use of a nuclear bomb was fresh in the minds of those who witnessed what the United States had done to bring about victory against Japan in the Pacific. When the USSR proved it had a nuclear capacity in 1947, the standoff between the superpowers of the world would be dubbed the Cold War, and it would last until 1991.
Forgive the lengthy preamble, but we’d suggest that much of the same fear that gripped the nation is with us again. And this time, its name is Artificial Intelligence. Better known by its ubiquitous simple abbreviation, “AI"
Yesterday, at the NAB Show New York, in a session titled “The Future of News: AI, New Revenues and Risks, and the Policy Response” (a title that was almost as long as Dr. Strangelove’s), the fear was quantified in a way that the media industry usually relates best to—via an opinion poll.
The poll, conducted by OnMessage, Inc., was presented at the session by the firm’s vice president, Tommy Binton. Binton described how 1,000 likely voters were surveyed and explained the methodology used to produce the results, which were represented to have a margin of error of +/- 3.1 percent.
Of the 1,000 people responding, 46% said that they use AI in their personal life or career. But 50% said they don’t, and 4% said they either don’t know or have no opinion about the question. (We’ll bet those people would have been building backyard bomb shelters during the Cold War.)
All in all, a pretty equal split of the nation. Of course, you probably won’t be surprised to learn that Democrats were more likely to use AI than Republicans (52% to 38%), and people under 55 are far more likely to use AI than those over that age (Some 59% to 37%).
But the headline from the poll that jumped out was that, by an overwhelming majority, (82% to 16%) respondents said they were “Concerned” about the development of artificial intelligence, versus “Not Concerned.” (To be precise, the 82% was made up of people saying they were “Very Concerned” (40%) or “Somewhat Concerned” (42%) opposed to those saying they were “Not So Concerned” (12%) and “Not At All Concerned” (4%.)
Another interesting question asked in the poll: ”Thinking about the development of AI, which of the following statements comes closest to your opinion? The choices were: “The Federal Government needs to step in and place guardrails on the development of AI to protect users from potential risks” or “The Federal Government needs to allow American businesses to experiment with AI with little regulation so that Americans can become the global leader in AI technology."
On this question, 72% said they favored the Federal Government stepping in with guardrails, compared to only 14% who preferred letting American businesses experiment without government oversight. 15% either didn’t know or had no opinion. Large majorities in all demographic and political affiliations support the government stepping in.
A substantial majority of poll respondents also said they would support “Congress passing a law that made it illegal for AI to steal or reproduce journalism and local news stories that are published online without compensation" (to the news organization originating those stories). 77% would strongly or somewhat support such a law, while 11% would oppose it. (12% didn’t know or had no opinion.)
When asked, “How would you describe the level of trust you have that information provided by AI services and chatbots is accurate and unbiased?” “Trustworthy” only received 26% agreement, while 68% said such information was “Untrustworthy."
And then there is this result in the poll. When asked, “How concerned are you that AI will eventually replace your job?” the poll respondents answered that 15% were "very concerned” and 17% were "somewhat concerned” versus 24% who said “not so concerned” and 37% “not at all concerned.” Lumped together, that’s 32% saying they are concerned that AI is going to take their job compared to 61% who aren’t. (And 7% had no opinion or didn’t know.)
No word on whether any of these poll respondents were working in newsrooms or any kind.
At this point, we turn to the wisdom of the fictional Dr. Strangelove from the movie when he delivers this explanation for why he considered and then rejected the notion of creating a “doomsday machine.”
"Based on the findings of the report, my conclusion was that this idea was not a practical deterrent for reasons which, at this moment, must be all too obvious."
We’ll have more to report from the NAB Show in New York in the days to come.
Today’s headline comes courtesy of TV news industry maven Rick Gevers and his eponymous newsletter, which emailed a breaking news alert this afternoon. The emailed bulletin contained an announcement that we weren’t shocked to read, but sad to learn of all the same:
RTDNA is suspending its annual convention and says it is unlikely to return.
The association had struggled to attract many to its annual convention in recent years. The last one we attended here in the Twin Cities was truly a shadow of the event that had been a yearly industry gathering since the association’s founding (as the Radio-Television News Directors Association) back in 1946.
It was the event where, in 1958, Edward R. Murrow delivered his famous “Wires and Lights in a Box” speech, which George Clooney would recite on Broadway some 67 years later.
The Association’s leadership quietly announced that instead of an annual convention, it will conduct a “World Tour” by participating in a series of smaller and regional events across the country each year.
"This series of local meet-ups, virtual town halls, RTDNA-hosted events, and training sessions embedded in conferences and events hosted by our partners replaces our 2026 conference,” as the association’s website states. We’ll note with only a small amount of sarcasm that the two black tie awards galas that the association hosts each year (The First Amendment Awards and the Edward R. Murrow Awards) will continue.
Aside from paying a pretty penny to dress up, eat mediocre hotel catering, and listen to speeches from presenters and recipients, these award competitions and the tickets to attend the awarding ceremonies are a significant source of revenue for the RTDNA. That’s true for many professional organizations these days.
We first detailed the issues with the RTDNA’s declining convention attendance back in June, when we asked the question: “Wither the RTDNA?"
That article may still be the most-read post we have written here. In it, we suggested that the RTDNA would probably be wise to take a page from the Investigative Reporters and Editors (IRE) annual convention, which is still thriving and very well reviewed by those who attended this year’s edition held back in June in New Orleans. One of the stops on the RTDNA’s World Tour will be the 2026 edition of the IRE conference.
Maybe the IRE will use the opportunity to broaden its attendance by expanding its offerings beyond journalists focused primarily on investigative reporting.
We do find it sad that the RTDNA has never fully recovered from its 2001 annual convention, which was disrupted by the 9/11 attacks and aftermath. But it remains curious why their event didn’t regain its prominence. At the same time, other industry groups, such as the IRE and the National Association of Black Journalists (NABJ), have seemingly increased attendance at their annual conventions.
Even in the age of shrinking budgets and soaring travel costs.
Who knows, maybe the whole “world tour” idea is the better one for the fraught times in the television news business. NBC announced its expected cuts to its news division today, leaving about 150 good people looking for new jobs. By all accounts, CBS News will not be spared in the also expected “reduction in force” or “RIFs” to come under the new owner, Paramount-Skydance. (They gotta find more than the coins in the executive office couches to cover that billion-dollar deal, let alone the quick $150 million to acquire Bari Weiss and her Substack.) Smaller and quieter personnel trimming has been going on at other networks and news outlets.
No one in the news business is immune to hearing that “their services are no longer needed.” And that’s before “Skynet” becomes sentient. Sorry, we meant to type “that’s before ‘AI' starts fully replacing newsroom positions at every level.” (Who would have thought 1984’s “The Terminator” would one day be seen as a documentary? A reminder that movie’s dystopian vision of a future ruled by cybernetic forces supposedly occurred in...2029.)
Sincerely, we do hope the RTDNA’s annual convention will be back, to paraphrase Arnold Schwarzenegger’s trademark line. We offered up some scenarios on how it might do so in conjunction with the National Association of Broadcasters’ annual Las Vegas show in this column back in June.
We note that it is one of the announced stops on the RTDNA’s “World Tour.” But as John Connor correctly pointed out in the sequel, “Terminator 2”:
“The future’s not set. There’s no fate but what we make for ourselves."
And with that, we will bid you a parting "hasta la vista…baby."
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In our rotation of rewatching various chapters in the Star Trek television canon, we’ve recently been enjoying the “Star Trek: Voyager” series. It was the only one to feature a woman in the captain’s chair (in the form of the great Kate Mulgrew as Captain Kathryn Janeway). But watching the show on Paramount+ brings the painful reminder that once upon a time, there wasn’t High-Definition TV, let alone 4K that could be shot on smartphone cameras in everyone’s pocket.
No, back in the good old 1990s, there were only 525 lines of glorious "standard definition" NTSC television. (Engineers from back in that analog era would jokingly refer to NTSC as standing for “Never The Same Color” twice, which wasn’t far from the truth.) Episodes of “Star Trek: Voyager” now come complete with portions festooned by the giant, ugly black bars on the right and left of our magnificent 85-inch LED-powered screen, reminding us of when TV was only a small 4 by 3 picture, rather than the widescreen 16 X 9 that we take for granted now.
Fortunately, the show is still fun enough to watch — even with the low-res picture. However, it appears that Paramount has done its best to clean it up for streaming.
We were thinking about this when we read about FCC Chairman Brendan Carr’s latest “initiative,” which appears to be to get the long-delayed transition from the current ATSC 1.0 digital standard for America’s broadcast television stations changed over to the “new and improved” ATSC 3.0 standard, better known by its snappy trade name: “NextGen TV."
Since we are on a roll with this whole Star Trek theme, we can’t resist the apparent reference to “The Next Generation” of television. (Especially since Star Trek’s “Next Generation” has lasted longer than any other part of Gene Roddenberry’s franchise.)
In 2017, some eight years after the great digital television (or DTV) migration, which moved America’s TV stations over to the ATSC 1.0 standard that brought true HDTV into your living room, the FCC adopted rules that would allow the nation’s broadcast television license holders to begin transmitting in a newer, more efficient ATSC 3.0 standard. There had been some experimentation efforts in the preceding few years, the most notable one from WRAL-TV in Raleigh, NC. WRAL’s owners have always been “early adopters” of new technology. In 2016, they launched an experimental station to transmit the 2016 Olympics in 4K video using a new signal that was then being called “Futurecast” by the industry.
The one problem, of course, was that there weren’t very many televisions available that could receive the new signal.
So obviously, most television broadcasters weren’t jumping in to spend the money needed to broadcast in a standard that nobody could watch. Mainly because they had all made significant investments to upgrade their facilities in the 2009 DTV transition. The FCC made the ATSC 3.0 standard voluntary, with no hard deadline for completion. One reason for this was that the plan used for the digital transition in the previous decade couldn’t be easily repeated. Why? The FCC significantly reduced the frequencies used for television broadcasting. First, they cleared the old channels 52-69 for non-broadcast uses. Then, they sold off the spectrum that had previously been used for channels 41-51 for cellular telephone service, bringing billions of dollars into the federal government’s coffers. And it turned out that in the digital TV world, UHF frequencies (Channels 14 to 40) were superior to VHF ones (Channels 2-13), so that is why most digital TV stations are now on UHF channels.
No matter what channel number your local television stations claim to be on, the likelihood is that they are actually transmitting on channels between 2 and 36. Still, they are allowed to identify themselves by their legacy numbers via a technology called “PSIP” (short for Program and System Information Protocol, if you must know.) So now there’s not really enough room “on the dial” for broadcasters to operate simultaneously on two channels to be on both ATSC 1.0 and 3.0. This means they can no longer have two channels as they did at the beginning of the 2000s and gradually migrate to the new standard over time.
The solution to this problem was to have one station in each market convert to the new ATSC 3.0 standard and cooperatively carry all local broadcast TV signals on a single channel. The first market to launch a “lighthouse” station to broadcast local television channels via the ATSC 3.0 standard was Phoenix in 2018. The new standard allows for carrying multiple digital television signals compressed into a single channel. The lighthouse roll-out has been criticized for not carrying all stations in a given market, often excluding public television and smaller, independently owned stations.
As of the time this article was written, only 80 of the nation’s 200-plus local television markets have a station broadcasting in the new standard. That represents about 75% of all U.S. television households being able to receive an ATSC 3.0 TV station, if they wanted to.
In 2019, the Consumer Technology Association gave ATSC 3.0 the catchy new trademark of “NextGen TV.” While there have been events touting the arrival of the next generation in various markets, the problem remains that public demand for the new standard is minimal. There are more than a few reasons for the weak demand to date. There are still a limited number of TVs available that come with the tuners needed to receive NextGen TV. (Try looking them up at your favorite retailer.) And as if all that weren’t enough, there is a pretty significant dispute over just how the adoption of the new standard should be fully implemented.
Early this year, the National Association of Broadcasters filed a proposal with the FCC to implement a mandatory, two-stage transition to move all of the nation’s television stations onto the NextGen TV standard. A large number of groups came out in opposition, including the National Cable Television Association (NCTA), Americans for Tax Reform, the Low-Powered Television Broadcasters Association, and Consumer Reports. Even the chairman of the Consumer Technology Association, the group that coined the name “NextGen TV,” criticized the proposal for a mandated transition.
Enter FCC Chairman Carr, who is bringing the whole matter to a head with a proposal that the commission is expected to vote on a “Notice of Proposed Rule Making” (NPRM) in its public meeting later this month. The NPRM stops short of embracing the NAB’s mandatory transition proposal, leaving it basically up to each broadcaster to determine when they want to begin broadcasting in the newer ATSC 3.0 standard, and when they would cease using the older ATSC 1.0 standard. The proposed rules would also allow broadcasters to operate both ATSC 1.0 and 3.0 signals simultaneously, but curiously, they would not require broadcasters to simulcast their programming across both signals. Also on the docket is whether the FCC should now require that all new television sets have tuners capable of receiving the new ATSC 3.0 signals.
Of the flurry of proposed rule changes in the NPRM, one that may get the most public comment if the FCC votes to approve, is about the question of whether or not the commission should impose “standards and/or rules concerning the encryption and/or signing of free, [over-the-air] television broadcast signals and what authority the Commission has to impose such standards and/or rules.” One of the features that NextGen TV currently includes is the ability for broadcasters to enable “digital rights management” encryption for their signals. You may remember DRM as an issue when downloading music over the internet first became popular. DRM was the technology deployed to combat music piracy via programs like Napster and LimeWire.
The use of encryption on TV signals for DRM purposes has some severe critics in the online world. Much of their complaint is, why should “Free TV,” as broadcasters often call themselves, need to prevent their signals from being received by their taxpaying audience? They, in theory at least, actually own the airwaves, which the FCC licenses them to operate “in the public interest.” The anti-encryption advocates also note that the DRM in use actually prevents the development of cheaper devices and external adapters from being available to receive ATSC 3.0 signals. For their part, broadcasters and their trade groups claim the DRM encryption is needed to prevent the digital theft of their valuable content.
Listen, we are sure that your head is already hurting from all of these technical details. We know ours certainly is. If you are so inclined to dig deeper into this topic, we’d invite you to follow the excellent coverage provided by our friends over at TheDesk.Net.
Right now, there is no deadline for when you might have to get a “NextGen TV” set for yourself. The NAB planned to have two deadlines: larger markets by 2028 and everywhere else by 2030. Since the FCC didn’t buy into that, it is unclear when there might ever be a deadline.
And whether or not there will still be television as we currently know it by then. Maybe it's that Star Trek got wrong.
It won’t be space that is “the final frontier,” but it might be broadcast television’s.
This was all fairly predictable. The initial reactions to the long-rumored, yet still surprising, appointment of Bari Weiss as the first-ever Editor-in-Chief of CBS News erupted from across the very public, yet insulated, world of broadcast journalism (itself a subset of the still-insulated, but less so, broader world of journalism). The sentiments would range from the mockingly genial “Let’s give her a chance” to the admittedly more extreme “A Victory Over Wokeness” from one side and “It’s Utterly Depressing” from the other.
The Guardian’s article from Margaret Sullivan was headlined: “Bari Weiss is a weird and worrisome choice as top editor for CBS News.” That terse observation seemed to capture much of the initial reaction from the selection of Weiss, a person with zero broadcasting experience, to lead one of the nation’s largest broadcast news organizations.
Not to mention her very public stances on issues both political and impolitic alike.
Thus, we were not surprised that by mid-week, the supporters of the unconventional choice by ParamountSkydance CEO David Ellison were beginning to find their full-throated voice.
First up was The Atlantic’s Caitlin Flanagan, who came out with her support Tuesday in an article titled “Don’t Bet Against Bari Weiss.” The article makes its intent clear when Flanagan delivers this line in the third paragraph: "Weiss is a hugely successful journalist and entrepreneur, and the target—especially from others within her field—of Bari Weiss derangement syndrome.”
Author Flanagan does acknowledge that she is close friends with not only Ms. Weiss, but also with her Wife and Sister, both of whom she name checks. She points out that the three women founded The Free Press together, and then details that theirs was “a friendship born when I met Bari over coffee when she was at the Times and learned that we share the same disgust at what has become of so much of the mainstream, legacy press.”
(To insert a quote at this point from our favorite pet detective, Ace Ventura, “Well, Alrighty then!”)
Flanagan goes on to detail Weiss’s now imfamous resignation from her position as an opinion writer for The New York Times in 2020, where she, at least in Flanagan’s telling, wrote "a blistering letter of resignation enumerating the ways that the paper had abandoned the core principles that had made it great: the sharp line between opinion and reporting, and an approach to the news and editorial vision that wasn’t prey to the whims or axioms of political ideology or popular sentiment."
Ever the entrepreneur, Weiss goes on to launch her own outlet, The Free Press, on the Substack platform. While there is a joke to be made about the number of journalists who have decamped to Substack in recent years, she may be the only one laughing all the way to the bank, having sold The Free Press for $150 million to PSKY and gotten herself the new gig at CBS News at the same time.
As the song goes, “Nice work if you can get it."
But Caitlin Flanagan’s article makes the case, albeit with a bit too much personal gusto, that the J-world crowd is indeed suffering from some derrangement syndrome becase as, well to use her words, “Now—cry havoc and write a hit piece—CBS News has been desecrated, a Slurpee sloshed on William Paley’s Picasso.” (A small art note to Ms. Flanagan, Paley was more a patron of modern art. He had the Museum of Modern Art built next to his CBS corporate tower, nicknamed “Black Rock,” on West 52nd Street. But we appreciate the whole Slurpee sloshing imagery all the same.)
She continues with her case, claiming that the hiring of Weiss is, in essence, perhaps just what CBS News needs to reinvent itself, because—well, quoting her again, “...it turns out that fans of the network were willing to do whatever it took to save the network—except watch CBS News. It’s the least watched of all three little-watched network news programs, each weeknight a valiant struggle to report news that everyone’s been refreshing all day long…"
By the next day, in a strange coincidence that we can only blame on the lack of a proper assignments board at The Atlantic, the online edition of the publication featured another item, this one from writer Jonathan Chait. His article was titled “Bari Weiss still thinks it's 2020.” Chait counters his colleague Flanagan’s take when he opines off the top: “Bari Weiss, the new editor-in-chief of CBS News, has pledged to uphold the network’s traditional ideals of objectivity and rigor. Perhaps she will. Yet the evidence suggests a more discouraging future for one of the great pillars of American broadcast journalism.”
The main thrust of Chait’s questioning of Weiss’s intentions for CBS News focuses largely on the minimal amount of critical coverage applied by The Free Press to the current administration’s actions in 2025. The comparison to the founding of the Substack publication some five years ago to today is encapsulated by this sub-headline that reads "She co-founded The Free Press as a bastion of liberalism in an illiberal time. Her arrival at CBS is paved with excuses for illiberal friends."
While Chait’s semi-absolves his criticism by stating, "Unlike Weiss’s legion of enemies, I believe that The Free Press filled an important niche,” but then he delivers this scathing paragraph, which deserves to be quoted in full:
“The trouble is that the cultural conditions under which Weiss founded her publication have changed radically. The era of progressive institutions firing or silencing staffers who step out of line peaked five years ago and is now over. What looms over American culture at the moment is an authoritarian presidency that threatens to crush the very values of free speech and open discourse that Weiss pledged to uphold. While Yglesias, Sullivan, and others have passionately condemned Donald Trump’s illiberalism, Weiss’s Free Press continues to cover America as if it’s still the summer of 2020."
By Wednesday evening, the influential columnist Dylan Byers writing for Puck.News took up Pro-Bari cause with his take, whimsically-titled “Bari, Bari Quite Contrary.” (Apologies for the link to their paywall.)
Byers acknowledged the industry uproar of the hire of Weiss by Ellison with this quote: "The alarm ringers offer a clear illustration of the media groupthink and, frankly, laziness, that Bari has so often railed against. In the last 72 hours, otherwise smart writers and reputable media companies have made broad, sweeping, and baseless statements about Bari and The Free Press that evince a sort of paranoid psychosis, or what The Atlantic’s Caitlin Flanagan has described as “Bari Weiss–derangement syndrome.” In one commonly held but unsubstantiated view, the Ellisons brought Bari to CBS as an olive branch to Trump."
The always well-sourced Byers cites over a dozen unnamed sources he has spoken with inside CBS News. He characterizes all as greeting the first week of working for the new Editor-In-Chief with “excitement, cautious optimism, and relief.” He goes on to put a pretty fine point on it:
"Perhaps these insiders understand something the paranoid critics and anonymous “doomsday” leakers do not. The existential threat to CBS News isn’t Bari, but rather the complacency that made her ascent possible: the lack of innovation that kept CBS News mired in last place in the ratings; the failure to develop a robust direct-to-consumer strategy; the inept leadership that allowed internal dramas to metastasize into national referendums on the brand. While some view Bari as a violent rupture with CBS News’s storied journalistic traditions, others realize that, without some transformation, CBS News won’t command any influence at all."
And we said, it was all pretty predictable. In terms of how the cycle of any news coverage evolves, really. Even coverage about the news industry itself.
Just ask Chris Licht, who went from being an Executive Producer on Stephen Colbert’s “The Late Show” to being the CEO of CNN in 2022. You may remember that Licht was lambasted for only having local TV news experience with NBC stations in Los Angeles and San Francisco, followed by EP experience on MSNBC’s “Morning Joe,” then "CBS Mornings,” and finally with launching Colbert’s show, which is in its final season. (We’ll note for the record that all of that experience was in television.)
And Licht was out of his job at CNN in just over a year.
Ironically, one of the things Licht has said he regrets most is agreeing to a lengthy interview with The Atlantic.
In a 2024 interview with ESPN’s Stephen A. Smith, Licht recognized that his decision to do the article was made out of his own “arrogance."
He added some thoughts that any newsroom leader should take heed of: "When you try to change something dramatically, you can’t do it alone. You’ve got to build the trust of the organization. They have to believe in you. And I did not build that trust.”
To which we’ll add our own experience with this bit of hard-earned hindsight: “The honeymoon period with a new job never lasts as long as you would hope for."
It’s almost like that iconic stopwatch; you can practically hear it ticking loudly in your ears. If you listen to it long enough, you’ll swear at times--it actually speeds up.
Congratulations on surviving your first day in your new job as Editor-In-Chief at CBS News. Which, of course, is a new job in a storied legacy place of broadcast journalism. After all, even Edward R. Murrow was never bestowed the newspaper title that makes you again a trailblazer, much as you were when you left the New York Times and started your online publication, The Free Press. It was nice of your new boss, ParamountSkydance Chair David Ellison, to purchase The Free Press for $150 million, aside from offering you the fabulous new job.
As veterans of the task of walking into a newsroom for the first time after being hired to lead it, we hope to offer a few tips to help make the transition just a little easier and set you up for success. Because, despite all the handwringing there has been from all sides of the block there on NYC’s West 57th Street, we here at The Topline really are hoping for your success.
The good news is that you inherit some still valuable news properties. Yes, we acknowledge that broadcast TV is not your background, and from the looks of things, it does not appear to be the future growth engine that PSKY is counting on to improve the bottom line significantly. However, it is still drawing an audience, albeit a much smaller one than in the days of Cronkite. There is still a bit of that “Tiffany network” shine to the programs like 60 Minutes, Sunday Morning, and Face The Nation—even if the daily flagships in the Morning and Evening are struggling against the competition at ABC and NBC.
Let's face the elephant in the room. Your arrival is not a surprise, as it was rumored about, speculated about, written about, and apparently dreaded by many of your now colleagues. You arrive with many questions about who you intend to be in this broad new role, which has you reporting directly to CEO Ellison. (While that reporting structure of you, as Editor-In-Chief, and your boss seemingly as the “Publisher” of CBS News, may be more comfortable given your background, it is unfamiliar to those who have been toiling away in broadcast journalism. And given that there has always been some judgmental feel to having to segregate the work done on television as being a specific subset of “journalism,” the whole newspaper org chart is going to take some getting used to.)
But the real pachyderm in the corner is the fear that you have been brought in because of your politics, or at least the appearance that your politics drives your editorial viewpoint. Also, that you have been hired, at least in part, to provide a viewpoint that might be appreciated more by the current administration in Washington, which has been vocal in its criticism of—forgive the obvious pun here—pretty much the entire free press, including and perhaps especially, CBS News.
We’ll set aside the recent chapter of having to write a check—although we still aren’t sure where the check went—but a check nonetheless for around $16 million. That was the previous owner's problem, and that is your first recommendation from us. Blame your predecessors for all of the bad decisions that were made before your arrival. If need be, don’t be afraid to throw the memory of Ed Murrow under the bus in establishing that “A New Day Is Dawning” at CBS News.
After all, it didn’t stop that Clooney fellow from raking in some cash playing him on Broadway.
We noticed that on your first day, you adopted a similar approach to Charles Foster Kane, issuing your own “statement of principles,” just as Kane did when he took over “The New York Inquirer.” These ten ideals (let’s not call them commandments, because that would be too precious by half) all seem agreeable enough when first read:
1. Journalism that reports on the world as it actually is. 2. Journalism that is fair, fearless, and factual. 3. Journalism that respects our audience enough to tell the truth plainly—wherever it leads. 4. Journalism that makes sense of a noisy, confusing world. 5. Journalism that explains things clearly, without pretension or jargon. 6. Journalism that holds both American political parties to equal scrutiny. 7. Journalism that embraces a wide spectrum of views and voices so that the audience can contend with the best arguments on all sides of a debate. 8. Journalism that rushes toward the most interesting and important stories, regardless of their unpopularity. 9. Journalism that uses all of the tools of the digital era. 10. Journalism that understands that the best way to serve America is to endeavor to present the public with the facts, first and foremost.
We’re reminded here of the brilliant monologue from comedy legend George Carlin on The Ten Commandments from 2001. Carlin’s premise is that the list was "deliberately and artificially inflated to get it up to ten.” He goes on to explain that the number ten is significant because “Ten sounds important. Ten sounds official.” You may want to watch Carlin’s original bit, which is available by clicking here.
He really nails it when he states that having ten was really…a marketing decision.
And indeed, in the early going, you are going to be selling yourself to the entire news division, just to let them know that aside from being “the new sheriff in town” and having to say “It is great to meet you” way more times than a Chik-Fil-A worker has to say “my pleasure” each day— you are also there to assure everyone that you are “excited be part of the team."
Because soon enough, you will need to cut the team down to a smaller, more efficient size. One that happens to look a lot better in a spreadsheet that has to go to the bean counters.
The list of projects to dive into there at CBS News is a long one. Do be careful not to be pulled in too many different directions at once. First and foremost, establish your immediate team around you. You can’t do it all by yourself; this is not like starting up a newsletter or even writing an opinion column. Those are, as we are sure you know, solo activities. You can do them all by yourself. TV News is definitely a team sport, and your first order of business is much like that of a new NFL head coach; you need the rest of your coaching staff on board as quickly as you can assemble them.
There is the question of the holdover from the previous regime, CBS News President Tom Cibrowski. By all accounts, he is an experienced hand in the whole specialty of “broadcast journalism” and has some capital from the newsroom staff. Even though he doesn’t have the same access to the guy running the whole PSKY empire as you do, he can be a help if you can recruit him to your way of wanting to do things. Tanya Simon’s elevation to Executive Producer at 60 Minutes was hailed by the team of individuals who, for whatever reason, work on their own island in the building across the street from the network newsroom at the CBS Broadcast Center. However, the other island, which was the CBS Morning News studio located at 1515 Broadway (in the former MTV space of the old Viacom building, overlooking Times Square), recently returned to the Broadcast Center.
That’s one less group working independently of the mothership. Always better when you don’t have to get in a cab to see part of your newsroom that is in another part of town.
Listen, we know it was a long first day, and we have a lot of other thoughts to share with you. Still, out of respect for your time, we’ll follow George Carlin’s lead and suggest that you consider trimming your list of ten principles down to just two, at least in this crucial “Introductory phase” of your new job.
The first one is simple, because from our view of watching the work done by CBS News over nearly 100 years of being in existence, since William Paley bought the Columbia Broadcating System in 1927, you could easily say that the legacy of “the house that Murrow built” has always been about your point number 8: Journalism that rushes toward the most interesting and important stories, regardless of their unpopularity. That principle has never been in short supply at CBS News, even on the rare occasion that the organization may have misstepped in pursuit of it.
The second principle we’d suggest is deserving of the most of your attention right out of the gate is your second one. “Journalism that is fair, fearless, and factual.” These days, not everyone agrees that being factual and fearless in the pursuit of a story is fair. In fact, labeling such journalism as “fake news" is the lingua franca not only of those politically opposed to any critical coverage of their positions, but also repeated by the media outlets that operate in sycophantic support of those political views.
We also agree with your tenth and final principle, that the fair and fearless journalism you have endorsed is "the best way to serve America is to endeavor to present the public with the facts, first and foremost.” It is up to you to define just what that standard is going to be at CBS News. That will require numerous conversations in the weeks and months to come.
There will be more problems awaiting you tomorrow and the day after that.
But based on our experience, a moment will arrive, probably far sooner than you will want it to, when a news story will require a clear determination of how your legacy at the helm of CBS News will be remembered. Let us quote one of your predecessors at CBS News who may have best summarized the challenge before you:
"The instruments with which you work are miraculous, (know) that your responsibility is unprecedented or that your aspirations are frequently frustrated.”
Mr. Murrow made it clear just how big the stakes are: "For surely we shall pay for using this most powerful instrument of communication to insulate the citizenry from the hard and demanding realities which must indeed be faced if we are to survive."
No pressure there, really, just the survival of the nation and its citizens.
This is where we tell you the often retold fable of a new newsroom leader who arrives at their new office for the first time to find three sealed envelopes and a note from their immediate predecessor in the top desk drawer. The note is cordial, much like the tradition of outgoing Presidents leaving a note for their successor in the Resolute Desk of the Oval Office. It states that the person who sat behind the desk before you enjoyed their time here. They wanted to provide some help in making the transition into your new position, which comes with so much to accomplish and with so much scrutiny. It offers that on each occasion where you find yourself stuck on a decision, you should open one of the envelopes.
The leader smiles appreciatively at the note and closes the desk drawer. But at a point not too far in the future, they find themselves in a very tough spot with a major decision to deal with. To see if it might be of any help whatsoever, the first envelope is torn open. Inside is a card that states: “Blame your predecessor for everything wrong at the moment.”
The second tough spot comes around sooner than expected, and the second envelope is opened. The card inside says: “Change the _________” and lists various things, including “talent,” “set,” “music,” “name,” “time,” and concludes with “anything else you can think of.”
After implementing all those changes, another major problem presents itself, and the news director is forced to open the third and final envelope to see just what the final recommendation might be.
And on the card inside, the simple statement advises: “Time to prepare three new envelopes."
We wish you the best in your new job. Enjoy the ride as much as you can. Please let us know if we can be of any assistance to you in the future.
We’ve been guilty of being focused recently on the larger issues in the television industry. Issues such as the First Amendment and Free Speech, Media Ownership Concentration, and similar matters. Admittedly, we haven’t kept up with our primary focus here, which remains the television news business.
Let’s get back to that in today’s edition of The Topline, in which we focus on a particular news story that has unfolded over the past eight days in Albany, New York.
We begin on Tuesday, September 21st. A large police presence has gathered at a residential address in Albany to execute a search warrant related to what was identified as "suspected financial crimes." The next day, excavation equipment appeared at the site, and began working in the backyard. In the course of the following 36 hours, the bodies of two people were discovered and removed from the scene.
In a press conference on Thursday, September 25th, Albany Police Chief Brendan Cox announced that the investigation that led police to this address had been ongoing since May 21st. That is when police received a call from the Social Security Administration requesting a welfare check on Franz and Theresia Kraus, who, according to Social Security records, lived at the address where the warrant was served. The Chief says that the couple’s adult son, Lorenz Kraus, has been interviewed as part of the investigation.
Albany television station WNYT, the Hubbard-owned NBC affiliate in the market, reports that a source close to the investigation had confirmed to the station that Lorenz Kraus had admitted to killing his parents, suffocating his father, and choking his mother.
Shortly after WNYT broke this news, Lorenz Kraus arrived in the lobby of another television station, WRGB-TV, the Sinclair-owned CBS affiliate, where he was to be interviewed on camera by WRGB’s veteran anchor Greg Floyd. Kraus agreed to the interview after speaking with the station’s news director, Stone Grissom, by telephone. Kraus had emailed a rambling statement to the local television newsrooms and other local media outlets, requesting that they publish it. News Director Grissom told Kraus in their conversation that the station would publish his statement—but only if he would agree to be interviewed in person at the station.
Kraus agreed and said he was heading to the station. Grissom then alerted anchor Floyd, and preparations were made to conduct this exclusive interview. Kraus arrives shortly thereafter, and Floyd proceeds to conduct the on-camera interview. During the interview, Lorenz Kraus confessed that he killed his parents eight years earlier and had hidden their bodies. Kraus says he killed his parents “out of concern for their misery.” The interview ends, Kraus leaves the building, and is immediately arrested in the station’s parking lot by the Albany police department, and charged with the two murders.
WRGB then airs the exclusive interview in its Thursday evening newscasts and posts the full interview on YouTube, where it has been viewed over a million times.
While all that is a fascinating and still unfolding story, and a major “get” for WRGB, there is the proverbial “story behind the story” that we have found equally interesting. Two interviews with anchor Floyd provide an insight into his thinking while conducting the interview. Molly McPherson is an Albany-based public relations professional who has a practice as a Crisis and Reputation Strategist. She has a popular podcast called “The PR Breakdown with Molly McPherson.” In her podcast, which we have been fans of for a few months now, she breaks down contemporary events through the lens of her crisis PR experience. She also happens to be in a personal relationship with Greg Floyd.
In her latest edition of “The PR Breakdown,” McPherson interviews Floyd (whom she identifies as her boyfriend) about getting the exclusive interview and a follow-up jailhouse interview with Lorenz Kraus on the very next day. They also talk about Floyd’s personal feelings about the story.
These two candid conversations with the news anchor provide an extra dimension for reviewing how the story unfolded and assessing its subsequent impact. Greg Floyd deserves much credit for conducting a probing, yet professional interview with little preparation and a growing recognition of the story unfolding right before him. As a journalist with 45 years in the Albany market (he started as an intern at WRGB before returning to be on the air), the two interviews with him are worth watching—along with his entire interview with the man now charged with killing both of his parents back in 2017.
At the time of this publication, Lorenz Kraus has pleaded not guilty to the charges of second-degree murder and concealment of a human corpse. A Grand Jury indicted him on the charges late this Wednesday afternoon.
Update Epilogue: We’re now also publishing new editions of “The Topline” on Substack for users of that platform. You can find us there at tvnd.substack.com. Our intention is to see if being available on the Substack platform is a better experience for our readers. We will keep you in the loop on what we find as we go forward.
Let’s face it, open meetings of the Federal Communications Commission are usually not what you might call “exciting affairs.” When your agenda is filled with terms like “Notice of Proposed Rulemaking,” let’s just say that these meetings are filled with things that only get DC lawyers and policy wonks like us to sit up and take notice.
But after the Chairman of the FCC appears to take on the persona of a “mob boss” and suggests that his position appoints him as the arbiter of what is--and is not--considered to be protected as “free speech” (at least when broadcast over the air of local TV and radio stations that have federal licenses allowing them to operate), well then your normally quiet little meeting can turn into something much different.
And that is just what happened when protestors disrupted today's “Open Meeting” of the FCC to begin shouting, “Fire Carr, The Censorship Czar!” While not quite in the top three of protest chants, like “Hell no, we won’t go!”, it wasn’t the worst we’ve ever heard.
Reports indicate that Carr appeared to find the protest amusing, as he smiled through the disruption and kept the meeting going after the protesters were quickly removed. But not before one woman shouted, “Hope you enjoy promoting a pedophile’s agenda!"
It’s unclear, as we go to press, which, if any, organization was behind the protest.
Order was restored, the meeting resumed, and many crucial topics were reviewed, including “Accelerating Wireline Infrastructure Buildout," "Jamming Contraband Cellphones in State and Local Prisons," and "Deleting Obsolete and Duplicate Wireline Rules.” That last one is the formal name of the FCC’s contribution to the administration’s much-touted initiative of “Delete, Delete, Delete”.
However, the item that anyone working in television was most interested in on the agenda was the “Notice of Proposed Rulemaking” known in commission lingo as an “NPRM,” that was titled “Modernizing Broadcast Ownership Regulations."
This seemingly innocuous idea is a proposal for the FCC to modify the regulations governing the ownership specifics for the licensed local radio and TV stations across the United States. For television, the regulation most anticipated to be changed is the one that limits any one company from owning more television stations than a total that would cover over 39% of the country's television households.
As you may know, this particular rule is of particular importance to Nexstar and its CEO, Perry Sook. That’s because Nexstar has proposed a $6 billion-plus deal to acquire rival TEGNA, becoming the owner of numerous local stations that would likely cover around 80% of the country.
And although our public school education may have left something to be desired in terms of our math skills, we are still fairly certain that 80% is more than 39%. Much more.
So this morning’s FCC meeting officially kicked off the process of “modernizing” the FCC’s “Broadcast Ownership Regulations.” Which, to be clear, means that the only decision of substance made was to invite the public to weigh in on the draft of proposed changes to the existing regulations. The National Association of Broadcasters has made it clear that it wants the existing ownership rules to be largely eliminated.
Of course, there will be individuals and public interest groups who will file comments in opposition to any changes in the FCC rules as they currently exist. Surely one or more of them will point out how the relaxation of regulations on radio station ownership appears to have led to the rise of the iHeart-Cumulus-Audacy-styled mega groups that have, for the most part, turned local radio into a homogenized offering of stations that sound the same in nearly any city in America.
Should you, dear reader, need some “light” reading to help with any bout of insomnia that you might be experiencing, you can dive into reading the entire “Notice of Proposed Rulemaking” by clicking right here. We strongly advise against doing this before operating any heavy equipment.
After the meeting concluded, the FCC held a press conference, at which Chairman Carr was peppered with questions about his comments that preceded the surprise decision by Disney/ABC to suspend “Jimmy Kimmel Live” back on September 17th. Mr. Carr did a lot of deflecting, saying that it didn’t matter because Kimmel was already back on the air. He added that he didn’t even actually say what everyone (especially Democrats) said he said. But he didn’t miss the opportunity to reinforce that it is definitely within the FCC's purview to investigate complaints of “news distortion” against licensed broadcasters. He went on to essentially state that this is a well-established role of the FCC, as under Democratic administrations, complaints were brought against the Fox-owned station in Philadelphia (for the conduct of the Fox News Channel, which parent News Corp also owns) and stations owned by Sinclair Broadcast Group.
It’s that last example that we think deserves a little more examination. You may recall in 2018, when Sinclair required anchors in all of its stations to read the same script from corporate, warning of the dangers of “fake news” (on other outlets, of course). The episode garnered considerable attention online. It was ultimately reported on when a video showed dozens of local newscasts from Sinclair stations, apparently forced to deliver the exact same script that they had no say in.
So much for local stations having the freedom to make “local decisions” on what is “in the public interest” as their licenses require.
A number of viewers and groups wrote to the FCC to complain about what they felt was “news distortion.” The FCC indeed launched investigations of the local Sinclair stations that aired the segment. So this, according to the FCC Chairman Carr, proves that the FCC has previously used the licenses of local TV stations as a political tool when Democrats were in the majority.
One key difference between the Sinclair episode seven years ago and the latest kerfuffle over the ill-timed comment from Jimmy Kimmel about the murderer of Charlie Kirk is that Kimmel appears on a program that doesn’t in any way call itself “News.” Commenting about the news in a comedy show’s monologue, whether accurate or not, isn’t a case of news distortion. If it were, then we’d like to ask Chairman Carr if he has ever listened to the likes of Sean Hannity, Dana Loesch, Glenn Beck, Candace Owens, Clay Travis and Buck Sexton, or any of the dozens of other talk shows that occupy 24 hours of the program schedule on nearly 1,000 “News-Talk” radio stations across the country.
This point wasn’t lost on fellow FCC Commissioner Anna Gomez, who followed Carr in the press conference. She flatly stated that the FCC wasn’t supposed to ever be in the business of regulating free speech on the nation’s Radio and Television stations. Both the Bill of Rights and the Communications Act specifically say so. Gomez went on to make another key point, that the ownership cap on local television stations was actually codified in a statute passed by Congress. She raises the question of whether the FCC can even change the cap if it wanted to.
Thus, it may well be Congress that will have the last word on whether Nexstar, or anyone else, can own that many stations. And not “the Censorship Czar."
Probably means a lot more lobbying to come from the NAB and its members. That would quite possibly include some donations to be made (via "political action committees”) to the campaigns of influential members of Congress up for re-election in the 2026 midterms. Of course, some of that money might then be used to buy advertising time for political ads, some of which might air over those local radio and TV stations that just might have been hoping for those pesky ownership rules to be “delete, delete, deleted."
That’s assuming a lot of “mights", we know, including whether or not the Federal Government might still be open for business after a threatened government shutdown at midnight tonight.
Another reason to stay tuned. Just to see what happens next.