TV and Radio

fuboTV Closed Q4 and FY 2021 With Record 1.13 Million Subscribers; Expects to Exceed $1 Billion Revenue In 2022

Retrieved on: 
Wednesday, February 23, 2022

fuboTV delivered record annual revenue of $638 million total revenue in 2021, including $1 million impact of the December 2021 acquisition of Molotov.

Key Points: 
  • fuboTV delivered record annual revenue of $638 million total revenue in 2021, including $1 million impact of the December 2021 acquisition of Molotov.
  • fuboTV also achieved record year-over-year (YoY) growth during the fourth quarter of 2021, including:
    $231 million total revenue, including $1 million impact of Molotov.
  • These milestones exceeded the preliminary fourth quarter 2021 results announced on January 10, 2022: 1.1 million plus paid subscribers, $215-220 million total revenue and over $25 million in advertising revenue.
  • Within ROW, the company forecasts first quarter 2022 revenue of $3 million-$6 million and full year 2022 revenue of $15 million-$20 million.

VIZIO Inks Deal with TransUnion to Expand Household Connect and Better Link TV and Mobile Ads for Omnichannel Activation Strategies

Retrieved on: 
Wednesday, February 23, 2022

VIZIOs Household Connect is already actively used by both brands and programmers to drive a variety of different KPIs.

Key Points: 
  • VIZIOs Household Connect is already actively used by both brands and programmers to drive a variety of different KPIs.
  • For example, a major cable network leveraged Household Connect to drive a 64% lift in viewership 1 for its flagship season premiere.
  • In addition to Household Connect, VIZIO Ads also features offerings for True Incremental Reach and Universal Frequency Control.
  • VIZIO Ads unique direct-to-device offering has doubled participating unique brands and tripled average revenue per advertiser in the last year.

Roku Announces Industry-First Advertising Watermark to Protect from Ad Spoofing

Retrieved on: 
Wednesday, February 23, 2022

As the industrys first authentication solution built for TV streaming, Rokus Advertising Watermark gives marketers the confidence that their advertising spend is reaching real Roku users.

Key Points: 
  • As the industrys first authentication solution built for TV streaming, Rokus Advertising Watermark gives marketers the confidence that their advertising spend is reaching real Roku users.
  • Rokus Advertising Watermark integrates with the Roku operating system to automatically verify publisher ad requests and impressions so that advertisers know they are reaching genuine Roku users.
  • While ad spoofing in TV streaming remains rare, this technology will help the industry deter bad actors and improve ad effectiveness.
  • Additionally, OneView by Roku will be the first ad buying platform to offer ad inventory automatically validated by Rokus Advertising Watermark.

Roku Joins Sound Hub Denmark

Retrieved on: 
Wednesday, February 23, 2022

Roku, Inc. (NASDAQ: ROKU) and Sound Hub Denmark today announced Rokus membership and participation in Sound Hub Denmark , a world-class sound and acoustics growth hub designed to foster innovation within the field of audio.

Key Points: 
  • Roku, Inc. (NASDAQ: ROKU) and Sound Hub Denmark today announced Rokus membership and participation in Sound Hub Denmark , a world-class sound and acoustics growth hub designed to foster innovation within the field of audio.
  • As a leading streaming platform and provider of innovative sound solutions designed to provide inspiring home theater audio, Roku is a welcome addition to the Sound Hub, said Peter Petersen, CEO of Sound Hub Denmark.
  • Sound Hub Denmark is the worlds first international sound technology and innovation hub providing a focused, world-class workplace and sound and acoustics growth hub for start-ups, freelancers, SMEs, and corporations, all with the ambition to be world-class within their field.
  • Sound Hub Denmarks vision is to be a global powerhouse for sound innovation the worlds best place to start and scale innovative sound businesses of tomorrow.

Vecima Announces Flexible MAC Architecture (FMA) Interoperability with Industry-leading Entra™ Remote MACPHY Cable Access Solution

Retrieved on: 
Wednesday, February 23, 2022

Vecima Networks Inc. (TSX: VCM), a key contributor to the CableLabs Flexible MAC Architecture (FMA) specification, announced today robust interoperability in a multi-vendor, FMA environment.

Key Points: 
  • Vecima Networks Inc. (TSX: VCM), a key contributor to the CableLabs Flexible MAC Architecture (FMA) specification, announced today robust interoperability in a multi-vendor, FMA environment.
  • The interoperability was demonstrated at a CableLabs coordinated event and supported by Vecima with currently deployed products.
  • The entire Vecima Distributed Access Architecture (DAA) product portfolio is uniquely positioned for deployment today with investment protection as access networks evolve.
  • Vecima was a strong supporter of CableLabs Remote PHY interoperability events and highlights optical line terminal (OLT) and optical network unit (ONU) interoperability as a key product differentiator for 10G PON deployments.

Salem Media Group Schedules Fourth Quarter 2021 Earnings Release and Teleconference

Retrieved on: 
Wednesday, February 23, 2022

Salem Media Group, Inc. (NASDAQ: SALM) announced today that it plans to report its fourth quarter 2021 financial results after the market closes on March 3, 2022.

Key Points: 
  • Salem Media Group, Inc. (NASDAQ: SALM) announced today that it plans to report its fourth quarter 2021 financial results after the market closes on March 3, 2022.
  • To access the teleconference, please dial (877) 524-8416, and then ask to be joined to the Salem Media Group Fourth Quarter 2021 call or listen to the webcast.
  • Salem Media Group is Americas leading multimedia company specializing in Christian and conservative content, with media properties comprising radio, digital media and book and newsletter publishing.
  • Learn more about Salem Media Group, Inc. at www.salemmedia.com , Facebook and Twitter .

Sinclair Increases Quarterly Cash Dividend by 25%, Declares $0.25 Per Share

Retrieved on: 
Wednesday, February 23, 2022

Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that its Board of Directors has declared a quarterly cash dividend of $0.25 per share on the Company's Class A and Class B common stock, an increase of 25%.

Key Points: 
  • Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that its Board of Directors has declared a quarterly cash dividend of $0.25 per share on the Company's Class A and Class B common stock, an increase of 25%.
  • The dividend is payable on March 21, 2022, to the holders of record at the close of business on March 7, 2022.
  • Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) is a diversified media company and a leading provider of local sports and news.
  • The Company regularly uses its website as a key source of Company information which can be accessed at www.sbgi.net .

Sinclair Broadcast Group Names Rob Weisbord Chief Operating Officer and President of Broadcast

Retrieved on: 
Wednesday, February 23, 2022

Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) today announced Rob Weisbord has been elevated to Chief Operating Officer of the corporation and President of Broadcast.

Key Points: 
  • Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) today announced Rob Weisbord has been elevated to Chief Operating Officer of the corporation and President of Broadcast.
  • Weisbord, who has served as the companys President of Broadcast and Chief Advertising Revenue Officer since 2020, will continue to report to Chris Ripley, President and Chief Executive Officer.
  • Since joining Sinclair in 1997, Weisbord has served in various executive management positions for the Company including Chief Operating Officer of Sinclair Digital Group, Vice President of New Media, Director of Digital Interactive Marketing, Regional Group Manager, and General Manager for the Companys Las Vegas duopoly of KVMY-TV and KVCW-TV.
  • Sinclair Broadcast Group, Inc. is a diversified media company and a leading provider of local sports and news.