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Cox Broadcasting Corporation
CMG Media Corporation (doing business as Cox Media Group) is an American media conglomerate principally owned by Apollo Global Management in conjunction with Cox Enterprises, which maintains a 29% minority stake in the company. The company primarily owns radio and television stations—many of which are located in the South, Pacific Northwest, Eastern Midwest, and Northeast, and the regional cable news network Pittsburgh Cable News Channel (PCNC). Originally founded in December 2008 by Cox Enterprises through a consolidation of its existing publishing and broadcasting subsidiaries, the current incarnation of Cox Media Group was formed on December 17, 2019, through the acquisition by Apollo of the original Cox Media Group (along with Cox Enterprises’ advertising subsidiary, Gamut) from Cox Enterprises, which transferred a controlling interest in the company to Apollo, and Northwest Broadcasting from Brian Brady. History In December 2008, Cox Enterprises created Cox Media G ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Pittsburgh Cable News Channel
The Pittsburgh Cable News Channel (PCNC) is a regional cable news television channel serving the Western Pennsylvania area. It is owned by Cox Media Group, which also owns WPXI, another Pittsburgh-area station from which PCNC simulcasts or replays much of its programming. It continues to produce two original talk shows, "Pittsburgh Now" and "Night Talk", along with local news and regional business news. History PCNC first started broadcasting on January 1, 1994, created in a partnership between WPXI (Channel 11) and the region's largest cable TV company at the time, TCI. That partnership existed between WPXI and Comcast. Comcast stopped carrying PCNC on January 1, 2020. Since 1996, PCNC has produced the local prime time talk show "Night Talk", featuring one-on-one interviews of local newsmakers. It is currently hosted by Beaver County sports hall-of-fame broadcaster Ellis Cannon. Other shows aired on the channel include "Pittsburgh Now"; "Our Region's Business", hosted by Bill ...
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Connected TV
A smart TV, also known as a connected TV (CTV), is a traditional television set with integrated Internet and interactive Web 2.0 features, which allows users to stream music and videos, browse the internet, and view photos. Smart TVs are a technological convergence of computers, televisions, and digital media players. Besides the traditional functions of television sets provided through traditional broadcasting media, these devices can provide access to over-the-top media services such as streaming television and internet radio, along with home networking access. Smart TV should not be confused with Internet TV, IPTV, or streaming television. ''Internet TV'' refers to receiving television content over the Internet instead of traditional systems such as terrestrial, cable, and satellite, regardless of how the Internet is delivered. IPTV is one of the Internet television technology standards for use by television broadcasters. ''Streaming television'' is a term used for programs cr ...
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Over-the-top Media Services
An over-the-top (OTT) media service is a media service offered directly to viewers via the Internet. OTT bypasses cable, broadcast, and satellite television platforms: the types of companies that traditionally act as controllers or distributors of such content. It has also been used to describe no-carrier cellphones, for which all communications are charged as data, avoiding monopolistic competition, or apps for phones that transmit data in this manner, including both those that replace other call methods and those that update software. The term is most synonymous with subscription-based video on demand (SVoD) services that offer access to film and television content (including existing shows and movies for which rights have been acquired from the content owner, as well as original content produced specifically for the service). OTT also encompasses a wave of "skinny" television services that offer access to live streams of linear specialty channels, similar to a traditional sat ...
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Broadcasting & Cable
''Broadcasting & Cable'' (or ''Broadcasting+Cable'') is a weekly telecommunications industry trade magazine published by Future US. Previous names included ''Broadcasting-Telecasting'', ''Broadcasting and Broadcast Advertising'', and ''Broadcasting''. ''B&C'', which was published biweekly until January 1941, and weekly thereafter, covers the business of television in the U.S.—programming, advertising, regulation, technology, finance, and news. In addition to the newsweekly, ''B&C'' operates a comprehensive website that provides a roadmap for readers in an industry that is in constant flux due to shifts in technology, culture and legislation, and offers a forum for industry debate and criticism. History ''Broadcasting'' was founded in Washington, D.C., by Martin Codel, Sol Taishoff, and former National Association of Broadcasters president Harry Shaw, and the first issue was published on October 15, 1931. Originally, Shaw was publisher, Codel editor, and Taishoff managing ...
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Sinclair Broadcast Group
Sinclair Broadcast Group, Inc. (SBG) is a publicly traded American telecommunications conglomerate that is controlled by the descendants of company founder Julian Sinclair Smith. Headquartered in the Baltimore suburb of Cockeysville, Maryland, the company is the second-largest television station operator in the United States by number of stations (after Nexstar Media Group), owning or operating a total of 193 stations across the country in over 100 markets (covering 40% of American households), many of which are located in the South and Midwest, and is the largest owner of stations affiliated with Fox, NBC, CBS, ABC, MyNetworkTV, and The CW. Sinclair also owns four digital multicast networks (Comet, Charge!, Stadium, and TBD), sports-oriented cable networks (Tennis Channel and Bally Sports Regional Networks), and a streaming service (Stirr). On June 2, 2021, it was announced that Sinclair is a ''Fortune'' 500 company, having annual revenues of $5.9 billion in 2020. A 2 ...
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Local Marketing Agreement
In North American broadcasting, a local marketing agreement (LMA), or local management agreement, is a contract in which one company agrees to operate a radio or television station owned by another party. In essence, it is a sort of lease or time-buy. Under Federal Communications Commission (FCC) regulations, a local marketing agreement must give the company operating the station (the "senior" partner) under the agreement control over the entire facilities of the station, including the finances, personnel and programming of the station. Its original licensee (the "junior" partner) still remains legally responsible for the station and its operations, such as compliance with relevant regulations regarding content. Occasionally, a "local marketing agreement" may refer to the sharing or contracting of only certain functions, in particular advertising sales. This may also be referred to as a time brokerage agreement (TBA), local sales agreement (LSA), management services agreement ( ...
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The Birmingham News
''The Birmingham News'' is the principal newspaper for Birmingham, Alabama, United States. The paper is owned by Advance Publications and was a daily newspaper from its founding through September 30, 2012. After that day, the ''News'' and its two sister Alabama newspapers, the ''Press-Register'' in Mobile and ''The Huntsville Times'', moved to a thrice-weekly print-edition publication schedule (Sundays, Wednesdays and Fridays). In November 2022, Advance management announced that all three newspapers would cease publication of their print editions in 2023. History The ''Birmingham News'' was launched on March 14, 1888, by Rufus N. Rhodes as ''The Evening News'', a four-page paper with two reporters and $800 of operating capital. At the time, the city of Birmingham was only 17 years old, but was an already booming industrial city and a beacon of the "New South" still recovering from the aftermath of the American Civil War and Reconstruction. Newspapers joined with industrial tycoo ...
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Connoisseur Media
Connoisseur Media LLC is an American media company. It is based in Westport, Connecticut and led by Jeff Warshaw. Connoisseur operates radio stations and digital assets in markets across the U.S. cities of Billings, Fredrick, Maryland; Bay Shore, Hempstead, Smithtown, Patchogue, New York; and Bridgeport, New Haven, Southport and Westport, Connecticut. History Founder and CEO, Jeff Warshaw built his first station while still a student at the Wharton School of Business at the University of Pennsylvania. In 1993, Warshaw founded Connoisseur Communications Partners LP, which he later sold to Cumulus Broadcasting in 2000 for $258 million. In 2004, he and CFO Mike Driscoll formed Connoisseur Media which operates 13 radio stations and various digital markets. The first company's acquisition involved several stations in Bloomington, Illinois with capital from hedge fund Farallon Capital, along with its founders. Through a combination of start-ups, move-ins, and acquisitions, Connoisse ...
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Social Media
Social media are interactive media technologies that facilitate the creation and sharing of information, ideas, interests, and other forms of expression through virtual communities and networks. While challenges to the definition of ''social media'' arise due to the variety of stand-alone and built-in social media services currently available, there are some common features: # Social media are interactive Web 2.0 Internet-based applications. # User-generated content—such as text posts or comments, digital photos or videos, and data generated through all online interactions—is the lifeblood of social media. # Users create service-specific profiles for the website or app that are designed and maintained by the social media organization. # Social media helps the development of online social networks by connecting a user's profile with those of other individuals or groups. The term ''social'' in regard to media suggests that platforms are user-centric and enable communal ac ...
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Conservative
Conservatism is a cultural, social, and political philosophy that seeks to promote and to preserve traditional institutions, practices, and values. The central tenets of conservatism may vary in relation to the culture and civilization in which it appears. In Western culture, conservatives seek to preserve a range of institutions such as organized religion, parliamentary government, and property rights. Conservatives tend to favor institutions and practices that guarantee stability and evolved gradually. Adherents of conservatism often oppose modernism and seek a return to traditional values, though different groups of conservatives may choose different traditional values to preserve. The first established use of the term in a political context originated in 1818 with François-René de Chateaubriand during the period of Bourbon Restoration that sought to roll back the policies of the French Revolution. Historically associated with right-wing politics, the term has sinc ...
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