Headlines for 5/2/13

Blog Shows Wheeler Critical Of Broadcasting
The just-nominated FCC chairman has a cable and wireless track record that may make broadcasters nervous. A look at his Mobile Musings blog shows why — as well as offering tips about the sorts of potential business opportunities that he might be amenable to helping broadcasters pursue. [TVNewsCheck]

CBS Corp. Reports Q1 Record Revenues, Radio Flat
CBS Corp., parent of CBS Radio, reported its strongest ever quarterly results Wednesday, including revenue that exceeded $4 billion for the first time since CBS became a stand-alone company in 2006. Revenues grew 6% to $4.04 billion from $3.79 billion in 2012. Operating income rose 18% to $800 million from $677 million. CBS Radio revenues remained flat over 2012, as the benefit of the new CBS Sports Radio network was offset by the impact of radio station dispositions in 2012. [Radio Online]

LIN's Jenkins And His Busy Tech Agenda
As LIN Media's chief tech, Brett Jenkins has numerous balls in the air. First there's continuing the HD transition at the group's growing portfolio of stations. Next, there's his work on ATSC that is planning TV's next-generation standards. And then there's also automation, mobile DTV, streaming and keeping an eye on the emerging 4K technology. (LIN owns Terre Haute CBS/FOX affiliate WTHI-TV.) [TVNewsCheck]

Gray Reports Operating Results For the Three Month Period Ended March 31, 2013
Gray Television — the owner of Bowling Green ABC/FOX/CW affiliate WBKO — today reported first quarter financial operating results that included total revenue of $78.2 million, a decrease of $2.5 million, or 3%, primarily due to the expected decreases in political advertising and consulting revenue, offset, in part, by increased retransmission consent revenue and local and national advertising revenue. [Press Release]

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