Broadcast News

A new report from The Media Audit taps into the mobile media sphere to find out how mobile advertisers can best reach consumers both demographically and geographically. According to the report, more than half of U.S. consumers surveyed nationally now access the Internet on a weekly basis via a mobile device such as smart phone or tablet. The figure represents more than 74 million consumers across The Media Audit's 81 measured markets. With the rapidly growing number of mobile internet users, the demand among advertisers is reaching new heights, causing advertising costs to correspondingly rise dramatically. It is estimated that more than $725 million was spent by advertisers in local mobile display advertising in 2013, a figure that is expected to triple in the next four years.

BRS Media announced that dotFM, the .FM Top-Level Domain Registry, will work together with Radionomy, the no-cost internet radio creation platform, to offer clients a service that lets anyone create a music or talk Internet Radio Station with a .FM or .AM prefix.

No shocker here: Antitrust experts say AT&T's bid for DirecTV could reap immediate regulatory

First quarter revenues were flat again, further evidence that radio is stuck in neutral. Yes, digital revenue grew, but broadcast spot sales

Disney is evaluating how the planned merger of AT&T and DirecTV will affect its business, according to

Only 21% of 61 industry execs surveyed in March said they expect to create jobs or hire talent in the next 12 months--down significantly from a year ago when 44% planned to do so--Ernst & Young says in its latest Capital Confidence Barometer. Even worse, 21% now say that they plan to “reduce workforce numbers,” up from 13% last year.

Effective 5/27, WGN Radio will extend the Steve Cochran show from 5-10am with a focus on news in the 5am hour. 10am-12pm will mark the homecoming of John Williams to the station while Bob Sirott and Marianne Murciano continue their shift from 12-3pm. The Bill and Wendy Show will move to afternoon drive from 3-7pm, followed by the Pete McMurray Show from 7-11pm. Patti Vasquez joins the station as a full-time host in overnights from 11pm-2am, with Nick Digilio continuing to host from 2-5am.

Spotify announced that it now has 10 million paying subscribers and more than 40 million active users in

A Seeking Alpha Wall Street Playbook's tech sector analyst did a bit of a compare-and-contrast

Marci Ryvicker, Wells Fargo Securities Senior Analyst, writes that after hosting investor meetings with Nexstar’s management this week, they came away “incrementally positive on the story.” They spent some time on the road this week (5/19 and 5/20--NYC & Boston) with CEO Perry Sook and CFO Tom Carter, and “we liked what we heard on M&A and the regulatory environment, net retrans, core ad growth, and digital. Bottom line, we like the story, esp. at a 15% blended FCF yield and reiterate our Outperform.

CSC Holdings LLC, a subsidiary of Cablevision Systems Corp., has priced an offering of $750 million in aggregate principal amount of 5.25% senior notes due 2024. The offering is expected to close 5/23. CSC intends to use the net proceeds of this offering and cash on hand to repay a portion of its existing credit facility.

Fitch Ratings has assigned a 'BBB+' rating to Time Warner’s proposed issuance of five- 10- and 30-year notes and debentures. The proceeds are expected to be used for general corporate purposes, including share repurchases. Fitch has a 'BBB+' Issuer Default Rating (IDR) for Time Warner. The rating outlook is Stable.