Media

There was big news recently in the local TV measurement space in the ongoing battle between Nielsen and comScore.

First, E.W. Scripps is adopting comScore across their 33 stations.

Fox Nation Sets Launch Date

Fox Nation is set to launch on 11/27 with a monthly cost of $5.99 just in time for 2020.

Charter Spectrum is launching a 24/7 news network for its pay-TV customers similar to NY1 in New York.

Average time spent w/ media in Q1:
1) 2018–11h 6m (↑ 3%)
2) 2017–10h 47m
3) 2016–10h 30m

Discovery and Scripps Networks have agreed to a merger after similar talks with Viacom fell short.

Pew Research Center does a deep dive on the State of the News Media with a specific focus on local news.

Local TV station revenue normally follows a cyclical pattern based on the political cycle.

Buzzfeed is valued at $1.7b.

That would buy the Washington Post 7 times!

Projected revenue in 2016–17:
1) 2016: $260m
2) 2017: $350m

Cheddar is a streaming based financial news network recently valued at $83m.

You can watch it on platforms such as Facebook, Twitter and Cheddar.com.

Local TV news: There are currently 703 local TV newsrooms across the U.S. producing content for 1,072 different stations.