Barry Diller’s IAC takes write-down on Aereo
While streaming startup Aereo is still trying to figure out a new business model in the wake of its Supreme Court loss, its main investor, Barry Diller's IAC, seems to be looking for an exit. IAC says it took a $66.6 million charge for “write-downs of certain investments,” including Aereo, which has raised around $100 million to date.
‘Taxi Brooklyn,’ ‘Motive’ rise; ‘Extant’ flat
NBC and CBS tied for number one in Adults 18-49 but NBC won with total viewers. On NBC, Taxi Brooklyn earned a 1.1, up...
Research finds strong demand for NextRadio
Smartphone owners are highly interested in NextRadio, the new app that allows consumers to listen to
WWE, Rogers sign 10-year distribution deal
Rogers Communications and WWE announced a 10-year broadcast and multimedia agreement, making
Discovery Q2 up 10% on International
Discovery Communications’ Q2 revenues were $1.610 billion, up $143 million, or 10%, over Q2
Big Bang Theory delays production
Production on the CBS comedy was due to resume 7/30, with five key cast members still without deals for
Meredith Local Media Group up 20% in fiscal Q4
Meredith reported fiscal Q4 2014 net earnings increased 20%, and earnings per share rose 19% to
Scripps, Journal merging broadcast ops, spinning off newspapers
The E.W. Scripps Company and Journal Communications have
BMI partners with iBiquity on new music initiative
BMI has partnered with iBiquity Digital on a new music initiative called the “HD Radio Artist Spotlight”
S&P 500 ekes out gains as Fed calms rate-hike fears
Stocks finished another choppy session slightly higher, as the Fed appeared to soothe fears that it might start raising interest rates sooner than anticipated....
106.9 K-HITS welcomes new morning host
Award-winning Tulsa radio station 106.9 K-HITS announced that Sid Kelly will join the station as its new morning show host, beginning August 11. Kelly will anchor the morning drive program from 5:30 – 10 a.m. weekdays. “Sid’s talent really stuck out early in this process and his previous successes demonstrate the type of track record that will continue to grow K-HITS’ audience,” said K-HITS Program Director Jet Black. “We’re very excited to get him started. August 11 can’t get here fast enough.”
WLEP-LD, WMKE-CA sold in Erie, Milwaukee
Patrick Communications (Greg Guy) was the exclusive broker in both deals: WLEP-LD Erie, PA
Joe Bilotta notches 45th year with Buckley Radio
The President & Chief Executive Officer at Buckley Radio celebrates a 45th anniversary on 7/31. Ever
Sirius XM may buy back $1.8 billion more in stock
Barron’s Maxim Group noted that on Sirius XM’s recent call, it reported a record Q2 with 31% EBITDA
GroupM names new MediaCom CEO
GroupM announced two executive appointments, naming Harvey Goldhersz Chief Data Officer and