NewsNation Makes Two Executive Appointments

Michael Corn is named president of programming and specials while Cherie Grzech becomes president and managing editor of news and politics. The two sign multi-year contract extensions as the network plans to expand news programming to 24-hours per day later this spring.

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EARNINGS CALL

Paramount Global Sticks To The Script In Its Earnings Call

The company’s new office of the CEO thanked departing CEO Bob Bakish who left shortly before Monday’s call with analysts during which it took no questions. In the first quarter, the company’s total income increased 6% over the same quarter in 2023, to almost $7.7 billion, helped by Super Bowl advertising, which especially boosted the TV Media unit, which includes the company’s broadcast and cable network properties. Ad revenue was up 14%, thanks to a 23-percentage-point kick from CBS’s Super Bowl broadcast.

Cox Media Group, Dish Ink New Multi-Year Agreement

Cox Media Group and Dish have ended a dispute over retransmission fees that lasted nearly a year and a half with “a new multi-year agreement that will restore all CMG stations on Dish, effective immediately,” the two companies said in an extremely brief statement Monday.

The regional sports network that airs Pittsburgh’s MLB and NHL teams is launching a direct-to-consumer streaming service, the latest to take the step as more fans cut the cord. SportsNet Pittsburgh on Monday unveiled SNP 360, which will cost fans in its local market $17.99 a month to watch Pirates and Penguins games outside of the pay TV bundle. Viewers with pay TV subscriptions will also have access to the app.

Meta To Pay High-Profile Creators To Post In Threads

To further boost the impact of Threads, Meta is offering influencers and high-profile creators $5,000 to post on its decentralized X competitor app, according to a screenshot shared by social media expert Matt Navarra. In a breakdown provided by Meta, the tech giant clarifies that the Threads bonus “is an invite-only bonus program,” adding that “if you are invited, you will receive a pop-up notification and an invite that appears in your Professional Dashboard on the Instagram app.”

Hunter Biden is threatening to sue Fox News for defamation, exploitation of his image and publication of hacked photographs, according to a letter obtained by Axios that was sent to the news channel last week. It's the latest salvo in the president's son's more aggressive legal and press strategy over the past year amid criminal charges and tabloid coverage, and first big move after navigating the impeachment inquiry into his father.

TVN’S MEDIA JOBS

New Jobs Posted To TVNewsCheck

New jobs posted to TVNewsCheck’s Media Job Center include an opening for a digital platform specialist. Other existing job openings include ones for an account executive, executive producer, meteorologist, weekend anchor, sales manager, senior newscast producer, digital video producer and reporter.

TVN Webinar: Streaming Revenue Strategies For Local TV

Streaming sales leaders from Gray Television, E.W. Scripps, Hearst Television, Ticker and Megaphone TV will share the latest developments in technology and strategy for OTT and FAST channels. Learn more about this critically important revenue source for broadcasters in a TVNewsCheck Working Lunch Webinar on May 16. Register here.

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