WorldSpace sale called off

International satellite radio company WorldSpace remains in Chapter 11 and its future is uncertain. In the latest development, the company’s debtor-in-possession lenders have nixed...

Bondholders want Tribune documents

Pre-buyout bondholders of Tribune Company have asked a federal bankruptcy judge to order the company to give them access to internal documents about...

Advertisers run afoul of the feds

You rarely see the FCC get involved in advertising content, unless it’s a noncommercial station that is getting a little too frisky with its...

Moody’s taking wait and see attitude on Sinclair

Moody’s Investors Service says its debt ratings for Sinclair Broadcast Group remain on review for a possible downgrade, following the company’s announced deal with...

Creative Loafing chain sold out of bankruptcy

Atalaya Capital Management outbid the founding Eason family at a bankruptcy court auction of the alternative newspapers in the Creative Loafing chain. But while...

Clunkers: The aftermath

The Cash for Clunkers program was nothing if not surprising. It was surprising enough that anything that had to go through Congress had such...

Watchdog says teens seeing more cable alcohol ads

The Center on Alcohol Marketing and Youths studied ad placement on cable programming from 2001 through 2006 and found that that ads for beer...

Outcast signs CBS, CNET, HGTV for content

Outcast (formerly Fuelcast), a digital out-of-home media provider, announced new partnerships with providers including CBS, CNET and HGTV. The lineup is part of Outcast’s...

Liberty sticks with Sirius XM

Sirius XM completed its sale of $257 million in 9.75% senior secured notes due 2015, with the proceeds used to repay a $250 million...

Cable, radio agree: Health is #1

The health care debate was the second ranked story for newspaper and online editors, but it was the tunnel-vision #1 for cable and radio...

Advertisers and free speech

The right and freedom granted by the First Amendment as "Freedom of Speech" does not demean the right to advertise or not on that...

Political business quiet but not dormant

A candidate in the odd-year 2009 race for Governor of Virginia has provided a perfect example of how radio can be an effective political...

Cash for Clunkers Jr.: A sequel of sorts

Another piece of stimulus is being aimed at retailers (and manufacturers), and that should be good news for broadcasters. Coming later this fall: A...

Atlanta honors its radio and TV ad stars

Some names you know are among those honored with 2009 Lifetime Achievement Awards by the Atlanta Broadcast Advertising Club (ABAC). In fact, you may...

Westwood One moving on stock sale

Now that the 1-for-200 reverse split has been completed, Westwood One has filed an update for its proposed sale of $50 million in stock....

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