“EdgeBeam Wireless” Will Use ATSC 3.0 to
Provide Faster, More Secure, and Less Expensive Data
Delivery
Four of the nation’s largest independent local broadcasting
groups have come together to form EdgeBeam Wireless, LLC, a joint
venture created to provide robust wireless data services to a wide
range of businesses and industries across the country.
The E.W. Scripps Company, Gray Media, Inc., Nexstar Media Group,
Inc., and Sinclair, Inc. launched the new company ahead of meetings
this week at the Consumer Electronics Show in Las Vegas.
Leveraging broadcasters’ uniquely efficient network architecture
and the ATSC 3.0 transmission standard, EdgeBeam Wireless will
provide expansive, reliable, and secure data delivery services.
Using the broadcasters’ existing ATSC 3.0 facilities to deliver
data has immediate applications for industries that need to send
data to multiple customers, often in real time. This approach
delivers a notably cost-effective solution that complements and
enhances current wireless solutions.
Among EdgeBeam’s potential applications:
- Automotive connectivity – including software updates,
infotainment, precision navigation, and safety enhancements. The
total addressable market for automotive connectivity services is as
much as $3.7 billion per year according to internal estimates.
- Content delivery networks – EdgeBeam can help provide a
significantly improved viewer experience for streaming services,
without buffering or lag, particularly during high profile events
with large audiences, such as live sports. The total addressable
market for CDN services is estimated to be as much as $3.65 billion
per year.
- Enhanced GPS – ATSC 3.0 can be used to improve the accuracy of
GPS location information to mere centimeters as opposed to meters
today. The total addressable market for enhanced GPS services is
estimated to be as much as $220 million per year.
EdgeBeam will be able to deliver data across the country to any
civilian or military device with an ATSC 3.0 receiver, such as cars
and trucks, drones, marine vessels, phones, tablets, and television
sets.
This partnership creates a spectrum footprint that no individual
broadcaster could achieve on its own, unlocking the potential of
ATSC 3.0 to offer nationwide coverage for data delivery to billions
of potential devices on market-disrupting terms. EdgeBeam
anticipates partnering with other broadcasters for additional
capacity to offer truly nationwide services. A national ATSC 3.0
footprint could also allow broadcasters to provide a complementary
backup to existing GPS capabilities in the event GPS satellites
were subject to interference – helping to secure the U.S.
economy.
“The launch of EdgeBeam Wireless is the culmination of many
years of technological advancement, market development and,
importantly, recognition by government regulators of the expanded
services local broadcasters can provide through ATSC 3.0
technology,” said Scripps President and CEO Adam Symson. “Scripps
is pleased to join forces with its peer companies to create not
just a new company but a marketplace that will allow us to more
deeply serve our local communities while providing a wide variety
of industries with efficient data-transmission services
nationwide.”
“With adoption of ATSC 3.0 receivers in television sets
continuing to increase with more models available and sets sold
every year, Gray Media is eager to join EdgeBeam Wireless to expand
the user base for our broadcast signals to a new category of
businesses and to spur the wider deployment of receiver chips in an
expanded range of handheld units and vehicles,” explained Hilton
Howell, Gray Media’s Executive Chairman and CEO.
Nexstar Chairman and Chief Executive Officer Perry Sook said,
“Our long-held belief is that the transmission of high-speed data
via our broadcast infrastructure represents a new way forward for
the broadcast industry and a new stream of potentially significant
revenue. Nexstar is pleased that these four broadcast groups have
come together to create this important new venture.”
“This is a groundbreaking development for the broadcast
industry,” said Sinclair, Inc. President and CEO Chris Ripley.
“We’re thrilled to partner with other leaders in our industry to
chart a new path forward and develop new revenue opportunities.
EdgeBeam Wireless will have benefits for the entire wireless
ecosystem, helping to relieve congestion while also offering
competitive pricing for wide-area data distribution.”
About Scripps
The E.W. Scripps Company (NASDAQ: SSP) is a diversified media
company focused on creating a better-informed world. As one of the
nation’s largest local TV broadcasters, Scripps serves communities
with quality, objective local journalism and operates a portfolio
of more than 60 stations in 40+ markets. Scripps reaches households
across the U.S. with national news outlets Scripps News and Court
TV and popular entertainment brands ION, Bounce, Grit, ION Mystery,
ION Plus and Laff. Scripps is the nation’s largest holder of
broadcast spectrum. Scripps is the longtime steward of the Scripps
National Spelling Bee. Founded in 1878, Scripps’ long-time motto
is: “Give light and the people will find their own way.”
About Gray
Gray Media, or Gray, is a multimedia company headquartered in
Atlanta, Georgia, formerly known as Gray Television, Inc. The
company is the nation’s largest owner of top-rated local television
stations and digital assets serving 113 television markets that
collectively reach approximately 36 percent of US television
households. The portfolio includes 77 markets with the top-rated
television station and 100 markets with the first and/or second
highest rated television station, as well as the largest Telemundo
Affiliate group with 43 markets totaling nearly 1.5 million
Hispanic TV Households. The company also owns Gray Digital Media, a
full-service digital agency offering national and local clients
digital marketing strategies with the most advanced digital
products and services. Gray’s additional media properties include
video production companies Raycom Sports, Tupelo Media Group, and
PowerNation Studios, and studio production facilities Assembly
Atlanta and Third Rail Studios. Gray owns a majority interest in
Swirl Films. For more information, please visit
www.graymedia.com.
About Nexstar Media Group, Inc.
Nexstar Media Group, Inc. (NASDAQ: NXST) is a leading
diversified media company that produces and distributes engaging
local and national news, sports and entertainment content across
its television and digital platforms, including more than 310,000
hours of programming produced annually by its business units.
Nexstar owns America’s largest local television broadcasting group
comprised of top network affiliates, with 200 owned or partner
stations in 116 U.S. markets reaching 220 million people. Nexstar’s
national television properties include The CW, America’s fifth
major broadcast network, NewsNation, our national news network
providing “News for All Americans,” popular entertainment multicast
networks Antenna TV and Rewind TV, and a 31.3% ownership stake in
TV Food Network. The Company’s portfolio of digital assets,
including its local TV station websites, The Hill and
NewsNationNow.com, are collectively a Top 10 U.S. digital news and
information property. For more information, please visit
nexstar.tv.
About Sinclair:
Sinclair, Inc. (Nasdaq: SBGI) is a diversified media company and
a leading provider of local news and sports. The Company owns,
operates and/or provides services to 185 television stations in 86
markets affiliated with all the major broadcast networks; owns
Tennis Channel and multicast networks Comet, CHARGE!, TBD. and The
Nest. Sinclair’s content is delivered via multiple platforms,
including over-the-air, multi-channel video program distributors,
and the nation’s largest streaming aggregator of local news
content, NewsON. The Company regularly uses its website as a key
source of Company information which can be accessed at
www.sbgi.net.
Category: General
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version on businesswire.com: https://www.businesswire.com/news/home/20250107255686/en/
Scripps: Carolyn Micheli carolyn.micheli@scripps.com Gray: Kevin
Latek kevin.latek@graymedia.com Nexstar: Gary Weitman
gweitman@nexstar.tv Sinclair: Jessica Bellucci
jbellucci-c@sbgtv.com
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