Wednesday, June 17, 2026

Stocks fall; S&P 500 down for third day

Stocks fell on Thursday, as a spike in oil prices and softer-than-expected economic data dented sentiment on Wall Street. As unrest in Iraq intensified,...
Raul Alarcon

SBS and Raul Alarcon re-up

Spanish Broadcasting System CEO Raul Alarcon has signed a new contract that will keep him there until December 2018. According to the regulatory filing, new contract will pay him $1.75 million per year with the potential to earn an annual performance bonus of up to $750K.

Steel City Media buys Wilks KC stations

Pittsburgh-based Steel City Media is purchasing four Wilks Broadcasting stations in Kansas City--CHR KMXV-FM, Country KFKF-FM, AC KCKC-FM

Add two representatives to Local Radio Freedom Act

Two Members of the House of Representatives have joined the coalition co-sponsoring a
John Rockefeller

Sen. Rockefeller comments on Facebook’s targeted ad policy

Senator John D. Rockefeller IV (Chairman of the Senate Commerce Committee—D-WV) issued a statement after Facebook announced its plans

White paper calls for a free market approach to video reform

A host of onerous and outdated regulations on the television
U.S. Congress

Senators express concern with FCC’s JSA actions

Here’s a letter to FCC Chairman Tom Wheeler from five Democratic Senators expressing concern with

Amazon Prime Music launches

Prime Music will provide ad-free, on-demand streaming to 1M+ songs to Amazon's Prime subs. Mobile streaming is included, as is an offline download option.

Storm takes tower down for three WV stations

Kindred Communications in Huntington, WV lost a 400-foot tower Tuesday night when it was

Sirius XM’s Frear presents at Morgan Stanley Finance Conference

Sirius XM Holdings EVP and CFO David Frear spoke to investors and analysts at the Morgan Stanley Leveraged Finance conference 6/12. Courtesy of Seeking Alpha, here are some highlights from his presentation:

The rising revolution against pay-TV

A debate is raging in the halls of Congress about the future of TV. And an unholy trinity of the pay-TV

‘The 100’ finale down; ‘Growing Up Fisher’ finale hits low

FOX and NBC tied for number one Wednesday in Adults 18-49 while NBC was on top with total viewers. On NBC, Growing Up Fisher...
Oaktree Capital Management

Fitch expects to rate Oaktree’s unsecured debt “A”

Fitch Ratings expects to assign an unsecured debt rating of 'A' to the $250 million of senior unsecured private placement notes offered by Oaktree Capital Management, an indirect subsidiary of Oaktree Capital Group, LLC. The offering is expected to close on 9/3. A portion of the net proceeds are expected to be used to effectively refinance notes maturing in June 2016, while remaining proceeds are expected to be used for working capital and general corporate purposes.

Jeff Kagan: Smartphone revolution changing other industries as well

Customers love innovation and that’s why industry after industry is starting to work with smartphones and the wireless industry. However some customers

Nielsen: TV food ads take the cake among dads

With Father’s Day around the corner, lots of people are scratching their heads trying to figure out what to get the man who has everything. Turns out, the answer might be as simple as a sandwich, because it appears food really is the key to a man’s heart: six of the top 10 ads among dads in 2014 advertised food products or restaurants.