All Entries in September, 2009

$40 million closing in Portland

Larry Wilson’s Alpha Broadcasting is now the proud owner of KCMD-AM, KUPL-FM, KUFO-FM and KINK-FM, all in the Portland, OR market. The purchase from...

Radio weathers the Samoan tsunami

American Samoa is, of course, a US territory and broadcasting there is licensed and regulated by the FCC, just like on the mainland. And,...

Arbitron sets multi-platform strategy

Looking to grow its non-radio business, Arbitron announced the formation of a cross-platform media measurement group and what it called “the complementary expansion of...

Broadcast stocks beat a down market – 09/30/09

A drop in the Chicago Purchasing Managers Index weighed on stocks Wednesday, although the weakness in manufacturing appeared not to affect media stocks. The...

Reality TV crew injured in crash

KPTV-TV (Fox) Portland, OR reports that two crew members from the reality TV show “COPS” were injured, along with a Portland police officer, when...

Doug Kiel sets retirement from Journal

Journal Broadcast Group CEO Doug Kiel, who is also President of parent Journal Communications, announced plans to retire as the company’s fiscal year ends...

Plenty of takers for new Gannett bonds

What was to have been $400 million in bond sales by newspaper giant (and TV group owner) Gannett Company expanded to a cool half...

Giants of Broadcasting honored today

The Library of American Broadcasting Foundation today (10/1) honors its 2009 Giants of Broadcasting at an awards luncheon in New York. The Giants of...

New Vision emerges from Chapter 11

Just 80 days after filing a pre-packaged Chapter 11 proceeding, New Vision Television has emerged from Federal Bankruptcy Court debt free. Of course, the...

TiVo reports less time shifting for Leno than past NBC fare

An average of 46% of viewing of “The Jay Leno Show” by TiVo subscribers is time-shifted, TiVo reported. That’s down from 70% time-shifted viewing...

Earnings restated at Mega Media Group

The independent auditor for Mega Media Group informed the company and the audit committee of its board of directors that financial statements for the...

Penske calls off talks to buy Saturn

Penske Automotive Group has broken off talks with General Motors to buy its Saturn brand. In a statement, Penske said it became concerned about...

FCC gets around to XM-Sirius info request

Back in the days when the National Association of Broadcasters was expending considerable effort trying to block the merger of XM and Sirius, it...

Nassau spins two in New Hampshire

The financial restructuring of Nassau Broadcasting Partners, which produced a change of ownership, required the divestiture of a couple of stations in the Concord-Lakes...

Media in general agreement on top stories

In a stunning display of uniformity, all five of the media categories covered by the Project for Excellence in Journalism during the week of...