All Entries in August, 2016

Shareholders OK Sirius XM Canada Privatization

According to The Globe and Mail, two-thirds of all minority shareholders supported an effort to go private. Minority shareholders were livid....

skyline1

Saga Declares Quarterly Cash Dividend

Saga's Board of Directors has given the green light to a quarterly cash dividend of 30 cents per share for its Class A and...

Saga Communications, Inc.

Stocks Continue to Slide

U.S. stocks slid lower Wednesday as energy shares did the same. Radio followed the market posting a loss, while Television was able to post...

Galaxy Grows With Suds And Vines

The first purchase outside of Central New York for a privately held operator of AM and FM radio stations is for beer and wine....

Galaxy-Logo

Nielsen Affirms August PPM Data For L.A.

An analysis, which reviewed all months in 2016, shows there was "zero impact on total radio listening."...

Nielsen1

FCC Goes In Reverse: Stage 2 Set For Auction

Stage 2 of the FCC’s spectrum incentive auction will see, as expected, a lower clearing target of 114 MHz....

FCCdoor

TRANSACTIONS TODAY: Galaxy, Beasley

Galaxy Communications scores a translator in Vermont for an AM in Central N.Y. In Florida, Beasley closes on a “faithful” property....

UticaNY

Auction ‘Unsurprising, Albeit Disappointing To Some’

A PwC strategy and consulting group principal believes the results of the Forward Auction are in line with spending commitments....

FCC

Charter Gets A ‘Buy’ In New Coverage

Guggenheim analysts are now covering Charter Communications, and they've set a "buy" rating for the MSO's stock....

Charter Communications

Flip This Stick: Cumulus Deal Nets ‘Stunning’ Boost

A woman in New Mexico is flipping an FM translator she just agreed to buy for a huge profit. The buyer? Cumulus Media....

abq

Congress and Advertising – Will 2017 Be Different?

A major advertising association is wary of two FCC plans that put new privacy rules on ISPs and expand competition in the cable set-top box market. ...

ANA

FCC Slams The Brakes On Forward Auction

With just $410 million bid on Tuesday, a stop has been put to Stage 1 of the forward auction. Bidding was far below what...

FCC

FCC Application Fees Now 1.8% Higher

The Commission enacted the new fees yesterday. The rise in costs is mandated to reflect changes in the CPI....

FCC

Sinclair TV Closes $400 Million Debt Offering

The Sinclair Broadcast Group arm is using the proceeds for a $377.2 million redemption of its 6.375% senior unsecured notes due 2021....

SBG / Sinclair Broadcast Group

Stocks Slide Again

U.S. stocks slid lower Tuesday as concerns that the Federal Reserve will raise interest rates plagued investors. Radio and Television were both able to...