Univision’s Latest Intention: A Billion-Dollar Offering
On April 13, Grupo Televisa, S.A.B. and Univision Holdings shared for the first time that they plan to merge, with Miami-based Univision — thanks, in part, to Google — making the binational deal happen. Now, Univision is going to the bond market to finance the deal.
Cumulus Gets Reduced, But Still Big, FCC EEO Rule Flub Fine
Nearly two years ago, Cumulus Media received a hefty NALF from the FCC for not adhering to its Equal Employment Opportunity (EEO) regulations at 4 FMs and 1 AM serving the Albany, Ga., market it used to own. Now, the Commission has spoken with just a slight reduction of the financial penalty.
Behind the Curtain of the New AM Alliance
The effects of the FCC's 2nd round of AM proposals would be drastic, says a member of the new AM Radio Preservation Alliance.
Urban One’s First-Half Review: Radio ‘Decent,’ Cable TV ‘Struggled’
While Urban One CEO Alfred Liggins III willing to discuss long-term financial plans, now that Richmond voters have shot down a casino resort proposal for a second time, CFO Peter Thompson offered a glimpse at the company's Q4 pacings while looking back at the first half of 2023. The final quarter of 2023 is lackluster, at best.
Current event: Olbermann gets walking papers
Keith Olbermann brought star power to cable news/opinion channel Current, formed by Al Gore and
Dish pulls Clearwire offer, too
What a waste of attorney fees: Only days after Dish Network pulled its offer to acquire Sprint, it announced 6/26 that it is withdrawing its tender offer to acquire all of the outstanding shares of Class A Common Stock of mobile service provider Clearwire Corporation, including any shares of Class A Common Stock issued in respect of outstanding shares of Class B Common Stock, for $4.40 per share. Dish’s tender offer “provided that it could be withdrawn, among other reasons, as a result of the recent change in recommendation by Clearwire.”
Jim Richards to take OM/PD role at KFOG, KSAN
Cumulus has named programming vet Jim Richards as Operations Manager/Program Director of
Cumulus Sets Capital Sales Slot
A veteran radio sales executive previously with iHeartMedia's Washington, D.C. and Baltimore clusters joins for D.C.-only duties
NAB opposes transferring JSA legal challenge
NAB has submitted a filing in opposition to motions to transfer to the U.S. Court of Appeals for
U.S. Telecom And Cable: ‘Calm Amid A Sea Of Recession Uncertainty’
"We believe the industry is well-positioned to withstand current inflationary pressures and a shallow recession in 2023 since consumers will continue to prioritize connectivity and issuers have been able to pass on higher costs to customers," S&P Global Ratings credit analyst Allyn Arden said on Monday.
LBI Media sees gains in 2012 after an up year in 2011
Revenue gains by its television segment more than counterbalanced a decline for radio
Here’s The Latest Retrans-Related Blackout For DirecTV
The Manship family's Louisiana Television Broadcasting has become the latest broadcast TV station owner to run into a brick wall with DirecTV. Their two ABC affiliates went dark on the provider on Friday night, with the stations' owner going on the offensive by noting DirecTV "has failed to realize the importance of local news and entertainment and pulled WBRZ programming from its lineup."
FM Class C4 / 73.215 petition to get formal comments
Matt Wesolowski, SSR Communications, Inc., says the FCC will be taking formal comments on
Minus Political, Media Ad Dollars Hit Mid-Year Funk
As the first half of 2018 came to a close, it is clear that the upcoming midterm elections are giving media a needed boost in their advertising dollars. But, was the boost big enough to overcome softness across many of the radio and TV industry's core advertising categories? Matrix Solutions' 2018 Midyear Ad Spend Report provides the not-so-pleasant answer.
RAB Is On The Move
RAB is moving.