Clear Channel Outdoor sells $2.5 billion in bonds

After finding the high yield bond market (a/k/a junk bond market) especially receptive, Clear Channel Outdoor (COO) boosted its proposed $750 million...

FCC schedules broadcast finance workshop

Businesses in general are aware of the credit shortage as of last fall, but broadcasters have been on to it for years. The FCC...

Gallup sees late surge in holiday spending

The latest figures from pollster Gallup indicate that American consumers have upped the ante since November, adding over $100 to their anticipated holiday spending...

Clear Channel Outdoor offering boosted to $2.5 billion

Clear Channel Outdoor (CCO) isn’t just boosting its proposed $750 million bond offering a little bit. Moody’s Investors Service has lowered its rating on...

Clear Channel unit may up bond offering

Clear Channel Outdoor (CCO) says in an SEC filing that it may increase its proposed $750 million offering of senior notes. All of the...

NBA Digital starts new season with television, online, mobile

With an increase in TV distribution, a redesigned website with a commitment to video and a strong mobile presence across multiple carriers, NBA Digital...

News media mostly agrees – it’s the economy

The week of 12/7-13 was one in which the five media tracked by the Project for Excellence in Journalism were in general accord as...

YouTube reveals its most watched videos of 2009

You’ve no doubt guessed that the debut of Susan Boyle on “Britain’s Got Talent” was the video viewed the most times on YouTube in...

Roy E. Disney dead at 79

Former Walt Disney Company Vice Chairman Roy E. Disney has died. A family spokesman said he had been battling stomach cancer. The nephew of...

Another Democratic Rep bowing out

What churn there will be in the upcoming elections for the House of Representatives continues to break for the Republican Party, as the fourth...

Cox consolidating radio stations, WHIO-TV, paper in Dayton

Equipment vendors take note: WHIO.com reports Cox Media Group plans to move its radio and television stations currently located in Kettering, OH into the...

NAB’s Smith looks at radio & TV in 2010

NAB President/CEO Gordon Smith said that top issue for television in the upcoming year was spectrum reallocation – specifically, in making sure that...

Salem completes bond buyback

Salem Communications announced the expiration of the cash tender offer for its 7.75% senior subordinated notes due 2010. The tender was quite successful, since...

Editor & Publisher may not be dead yet

Citing “overwhelming reader and advertiser demand,” Editor & Publisher posted a notice on its website that the 125-year-old trade publication will put out one...

Cox takes Valpak off the auction block

Cox Enterprises announced that it is no longer exploring a sale of Valpak, based in Largo, FL. Cox had included Valpak among assets it...

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