Ergen’s CONX buys into low-power TV giant HC2 Broadcasting

TVREV’s Tim Hanlon reports that Charlie Ergen-controlled CONX completed its acquisition of a 75% stake in HC2 Broadcasting, owner of roughly 260 low-power and Class A TV stations across more than 40 states.

Why it matters. If 5G Broadcast gains traction, other low-power licensees gain an argument for repurposing television spectrum toward data businesses rather than programming.

Signal from TVREV · Tim Hanlon · read the original.

All gas. No brake. Free.

What’s happening, why it matters, who reported it, who followed, and how the story develops. Free with a reader account. Unsubscribe any time.

Continue free →

More from Streaming

All →

MIPCOM 2026: YouTube-TV tension, Skydance’s market test, Banijay’s US push

Deadline’s Max Goldbart, Jesse Whittock and Stewart Clarke report that MIPCOM drew 10,000 attendees and 3,000 buyers, with TV executives publicly drawing lines against YouTube even as Skydance’s merged Paramount-WBD sales units and a newly enlarged Banijay worked the Croisette.

Netflix’s engagement fix leans on costly podcasts, sports and the 2030 World Cup

Business Insider’s Dan DeFrancesco reports that Netflix is cutting roughly 1,000 jobs even as it keeps spending on engagement bets: video podcasts with Spotify, NFL games through 2029, and exclusive 2030 World Cup rights in Spain and Andorra.

CNN’s $1 billion subscription goal looks nearly impossible, analysis finds

Simon Owens reports that the Financial Times says CNN hopes to reach $1 billion in digital subscription revenue by 2030, which Owens calculates would require 14 million paid subscribers in three years.