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Finance

Hot Start For Cubs, Mets, Yanks Gives Tribune Media Positive Outlook For Q2, Q3

Tribune Media President & CEO Peter Liguori said that the company "got off to a good start" in Q1 and is "looking for bigger things in the second and third quarters, in part due to its renegotiated rights agreement to broadcast Cubs games" on WGN-CW, according to Robert Channick of the CHICAGO TRIBUNE. WGN's local ratings in Chicago for Cubs games are up 59% over last season. Liguori during an earnings call on Friday said, "People are tuning in again to watch the Cubs on WGN. Nothing builds a local connection to a television station like sports and meaningful coverage of the hometown team." Channick noted Tribune in January "secured over-the-air broadcast rights" to the Yankees on WPIX-CW and also "renewed a multi-year agreement with the Mets." Liguori said that the strong start by all three teams has "meant good ratings and profitable broadcasts." Liguori: "It's early, but so far our bet on these teams has come up big, and we're really looking forward to this year's second and third quarter, when the full impact of baseball will hit the bottom line of our stations in New York and Chicago" (CHICAGO TRIBUNE, 5/9). 

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

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