All Entries in December, 2012

Stocks up on budget-deal framework

 Stocks on Monday rallied towards yearly gains as Wall Street embraced emerging details of a budget deal that reportedly will have tax cuts extended...

Disney, Charter Communications re-up distribution deal

It’s a comprehensive long-term distribution agreement to deliver Disney’s lineup of networks to Charter TV customers across televisions, computers, smartphones, tablets, gaming consoles and...

Charter Communications

Tribune emerges from Chapter 11

It’s official – multimedia Tribune Company is reorganized, out of Chapter 11 protection and getting set to begin distributions to creditors...

Tribune Broadcasting

Virgin Atlantic launches new TV effort

A multimillion dollar television campaign celebrating the extraordinary talents of Virgin Atlantic’s employees launched 12/29. The ad is designed to highlight the skills of...

DirecTV to up subscriber fees by 4.5%

Its service fees will rise by an average of 4.5% on 2/7 due to increasing programming costs...

DirecTV

WBAP mistakenly announces death of George H.W. Bush

As most of us know, George H.W. Bush, the country’s 41st president, has been in a Houston hospital for more than a month now,...

Cumulus

Stocks fall for a fifth session on cliff concerns

Stocks ended sharply lower Friday as negotiations to avert steep spending cuts and tax hikes in the New Year showed little progress. President Barack...

Tribune set to shed bankruptcy before year’s end

The television, newspaper and radio properties of Tribune Company will start the new year operating outside the shadow of bankruptcy, according to a report...

Tribune Broadcasting

Markey announces bid for Kerry’s Senate seat

Sen. John Kerry (D-MA) is likely headed for the State Department as Secretary of State, and Scott Brown (R-MA) is leaving the Senate at...

Ed Markey

Raese family expands WV radio empire into Beckley

$4.5M WJLS AM-FM Beckley WV from First Media Radio LLC (Alex Kolobielski) to West Virginia Radio Company of Raleigh LLC (John R. Raese, Dave...

Two more Class As acquired by LocusPoint

$4.5M WUDT-CD Detroit MI from Word of God Fellowship (Marcus D. Lamb) to LocusPoint WUDT Licensee LLC, a subsidiary of LocusPoint Networks LLC (William...

New owner for Dallas AM

KKDA-AM Grand Prairie TX is being sold by longtime owner Service Broadcasting Group. The Classic R&B outlet is headed to SKR...

Sold

Robin Bertolucci, PD, KFI-AM & KTLK-AM LA-Part II

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Robin Bertolucci

Greater Media flips News Talk 96.9 to “Power 96.9”; then flips again

On 1/3, Greater Media’s News Talk 96.9 Boston switched over to an Urban format–“Power 96.9.” The move marks a return for the format in...

Greater Media, Inc.

Stocks close mildly lower amid budget-deal hopes

Stocks ended lower for a fourth session Thursday as Wall Street fumed over the still-unresolved fiscal cliff. However, the indexes erased the bulk of...