Viacom investor loses appeal on Redstone’s salary
Viacom investor Robert Freedman has lost a bid to revive a lawsuit claiming Chairman Sumner
NBCU opens new round of grant funding
The NBCUniversal Foundation and NBCUniversal Owned Television Stations have partnered to announce the launch of the third annual 21st Century Solutions competitive grant challenge.
DirecTV, AT&T hit with class-action suit over merger
Less than two weeks after AT&T and DirecTV announced their $48 billion-plus merger, a shareholder has filed
Gannett stock up on bullish Barron’s report
Shares of Gannett were 2.5% higher to $28.47 after a bullish piece in Barron's made the argument
ESPN upstate launches on two FMs
Entercom has begun broadcasting ESPN Upstate on 105.9FM in Greenville from and at 97.1 FM in Spartanburg from the WORD-AM tower.
Casey Kasem hospitalized
Countdown king Casey Kasem was taken to a hospital in Washington state 6/1 after his wife threw a pound of raw hamburger meat at his daughter Kerri in a Biblical twist in the ongoing family feud over his health care
Bloomberg taps Paul Caine
Bloomberg Media Group CEO Justin Smith announced Paul Caine, former WestwoodOne CEO, will join Bloomberg as Global Chief
Nexstar files against FCC, too
The NAB has resorted to legal action against the Commission over the ban on JSAs. We mentioned last week that broadcasters were also going to file. Now Nexstar is doing just that. Reuters quoted Nexstar as saying it also has filed with the US Court of Appeals for the District of Columbia Circuit to overturn the FCC ruling.
Lewis Katz of Longport Media killed in plane crash
Philadelphia Inquirer and Longport Media co-owner Lewis Katz was among five people killed when
Viacom’s India Partner sold
Billionaire Mukesh Ambani’s Reliance Industries Ltd. (RIL) agreed to buy the Indian partner of Viacom for $678 million to gain news and entertainment content for its new mobile phone company. Reliance, through Independent Media Trust, will control 73.1% of Network 18 Media & Investments Ltd. and 55% of TV18 Broadcast Ltd., the Mumbai-based company said in an exchange filing.
“WKRP” reunion to be live streamed
The Cincinnati Enquirer reports "WKRP in Cincinnati" stars Tim Reid, Howard Hesseman and Loni
Internet trends report: Mobile and other disruptions
Kleiner Perkins’ Mary Meeker delivered her annual Internet trends report at re/code’s Code
WZZS-FM/WZSP-FM sale closes in Florida
Heartland Broadcasting has closed on the sale of Country WZZS-FM Zolfo Springs/Arcadia, FL and Regional Mexican WZSP-FM Nocatee/Port
Casey Kasem’s daughter granted visitations
Kerri Kasem, daughter of ailing countdown king Casey Kasem was granted regular visits with him
CBS Radio News’ Heather Bosch scores a Gracie
CBS Radio News Correspondent Heather Bosch received a “Gracie” given by the Alliance for Women in Media at their 39h Annual Gala dinner in Los Angeles. Heather won in the Soft News Feature category for her story on “Autism on Broadway.” The judges said her submission displayed superior quality in writing, production and programming. Heather has won multiple national awards since joining CBS three years ago after an illustrious career at KIRO in Seattle.