With 2016 officially in the books, let’s look ahead on what to expect in the media business in 2017: 1. The FCC under a Trump administration. With a 3-2 FCC majority, issues the FCC championed under Tom Wheeler: net neutrality, preserving the cross-ownership rule, and other issues are going to get a hard look at – and likely change. 2. […]
The proposed merger between Gannett and Tronc is now off the table. Gannett announced Tuesday it would no longer pursue a merger between the two, due to bankers pulling hteir money from the deal. Merger talks between the two was going at a snail’s pace . By comparison, the AT&T-TimeWarner proposed merger took just two days to get together. The […]
AT&T to purchase TimeWarner for $85 billion Opponents to deal already lining up Bugs Bunny, Sheldon Cooper, and Scooby Doo are getting ready to reach out and touch someone – a lot of people, that is. While Chicago and the rest of America (except in the St. Louis area) was busy celebrating the Cubs’ advancing to the World Series for […]
In what has to be the most politically divided vote at the Federal Communications Commission since the Sirius/XM merger of nearly seven years ago, the government agency passed new Net Neutrality rules on Thursday, a victory for open-Internet activists and the defeat of ISPs and telecoms, notably Verizon, AT&T, and Comcast. The three-to-two vote came among party lines: Democrats Mignon […]
With 2014 now behind us, here’s what to expect in 2015: 1. The Cubs’ new media homes. This year, the Cubs enter a new era: a new over-the-air TV home (WLS-TV/ABC 7) and WBBM-AM, after 90 years with WGN-AM. What’s left unresolved is a package of 45 games, whose TV home is yet to be determined. 2. As the WGN […]
In what can be described as a historic deal, Philadelphia-based Comcast Corp. – the country’s largest cable operator – is purchasing New York City-based Time Warner Cable – the second-largest cable operator for $45 billion, or $159 a share in an all-stock deal. The combined entity will boasts 30 million subscribers when Comcast plans to divest three million households due […]
Ho, Ho, Ho! It’s Terry Claus about to deliver you a special Christmas edition of The Grab Bag! I got special presents from the world of media that will make you happy – or cringe. Let’s start handing out the gifts! Ho! Ho! Ho! – WGN-TV has extra good reasons to cheer this holiday season – the Tribune-owned CW affiliate’s […]
This was a week to get angry – from vicious hits on the ice to vicious insults on the Capitol steps, not exactly a feel good week. But there was some good, too – and March Madness did not disappoint. What worked for yours truly – and what didn’t: Winners:Rosie may be coming back to daytime. Okay, before you beat […]
AT&T, which bought Cingular wireless in the Bell South deal, is dropping the popular brand name to go another hot, sexy name…. AT&T. AT&T sold its wireless business a few years back to Cingular, which was created in 2001 as a result of a joint venture of SBC and BellSouth. Customers who had the AT&T Wireless name were converted to […]
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