Veteran TV trade journal Broadcasting + Cable is shutting down, in a sign of the times for media
LA TimesBroadcasting + Cable, founded in 1931 as Broadcasting, will print its final issue in September. According to a post on the Broadcasting + Cable website, Future will replace the publications with a new “curated” newsletter about media and entertainment. “This industry is going through rapid transformation that requires our business to adapt,” said Amanda Darman-Allen, senior vice president for Future’s B2B Media & Entertainment Group. Broadcasting + Cable has changed hands a number of times over the last four decades since its founding owners sold it to Times-Mirror, the former parent company of the Los Angeles Times, in 1986. The audiences for B+C and Multichannel News also have diminished as the TV station business consolidated and contracted due to cord-cutting and the entertainment industry’s pivot to streaming.