News

Television (TV)

AP News | Equities.com |

Two weeks shy of a year after abruptly quitting Fox News Channel with a declaration that “truth will always matter,” Shepard Smith returns to television this week at his unexpected new home.

He begins a general interest nightly newscast Wednesday at 7 p.m. on the financial network CNBC, putting him back in the time slot he loved before Fox moved him to the afternoon seven years ago.

The 56-year-old newsman, a Fox News original who joined that network at its start in 1996, says he’s relishing the fresh start.

“We’re going to come out and do just the news,” he said. “We’re not planning to do any analysis in our news hour. We’re going to have journalists, reporters, sound and video. We’re going to have newsmakers and experts ... but no pundits. We’re going to leave the opinion to others. It’s exactly what I’ve been wanting to do. It’s what I’ve been working at for 30 years.”


Reuters | Equities.com |

ViacomCBS Inc’s quarterly results demonstrated a level of resilience, buoyed by demand for streaming, even as the coronavirus pandemic ravaged media businesses globally, sending shares up 5% at the open.

Although it logged a 12% drop in revenue, dragged down by a steep decline in advertising, the fall was less than expected and ViacomCBS Chief Executive Bob Bakish told analysts the second quarter was the bottom for ad declines. ...


AP News | Equities.com |

The coronavirus pandemic took a toll on Comcast in the second quarter as movie theaters closed, theme parks shut down and advertisers cut back.

The company reported Thursday that its NBCUniversal TV, film and theme park divisions, as well as its Sky unit in Europe, all suffered steep drops in revenue in the April-June quarter.

But period was not all grim news. The Philadelphia-based company added U.S. internet customers and 10 mill...


Equities Staff | Equities.com |

UK-based Sky Media, a unit of Comcast, announced it will partner with TV measurement firm TVSquared to enable advertisers to track whether or not ads lead to sales and website visits.

Determining quickly if an ad actually increases product sales has been a Holy Grail endeavor for media companies. Companies typically have to wait weeks for reports on ad effectiveness.

The problem has been even more acute during the pandemic. According to a June 2020 report by MAGNA, a media intelli...


AP News | Equities.com |

Hugh Downs, the genial, versatile broadcaster who became one of television’s most familiar and welcome faces with more than 15,000 hours on news, game and talk shows, has died at age 99.

Downs died of natural causes at his home in Scottsdale, Arizona, on Wednesday, said his great-niece, Molly Shaheen.

“The Guinness Book of World Records” recognized Downs as having logged more hours in front of the camera than any television p...