New LPFM planned for Orangeburg, SC
The FCC has granted a non-profit permission to construct an LPFM station in downtown Orangeburg, SC, according to Harvey Elwood Jr., executive producer of New Perspectives Media Association.
CCME “gets investors to believe” with new note offering
Clear Channel made the most of the high-yield market last week, printing a new deal to chip away at its 2016 maturity wall, which analysts last year thought could lead to a default. While CCME paid a price for the $850 million trade--a 10% coupon on just a 3.75-year maturity--it succeeded in convincing investors it will be able to navigate the road ahead
Aaron Klein moves in NYC
Salem Communications announced Aaron Klein Investigative Radio makes its move from 77 WABC to AM 970 The Answer on 5/4 7-9pm. He’s hosted the show for the last 4 years.
KSBS-CD being sold in Denver
A contract has been signed and an application is being filed with the FCC for the transfer of television station KSBS-CD (Independent--CTN)
Three’s a charm for Wheel and Jeopardy!
For the third week in a row (April 14-April 20) CBS Television Distribution’s Wheel of Fortune and Jeopardy! ranked #1 and #2 in total viewership; each with over 10 million viewers. Weekend Adventure (ABC Syndication) and Judge Judy (CBSTVD) came in close behind with just under 10 million viewers.
Stocks close lower; trim weekly gains
Stocks closed slightly lower on Friday, capping weekly gains, as concerns over conflict in Ukraine outweighed an upbeat jobs report. The Dow lost 45.98...
FCC fines Maverick Media $185K
Maverick Media, former owner of Mid-West Family Broadcasting’s Spanish WNTA-AM Rockford, IL has agreed
‘Grey’s Anatomy’ rises; ‘Black Box,’ ‘Bad Teacher’ fall
CBS was number one Thursday with adults 18-49 and with total viewers. On CBS, Bad Teacher notched a 1.5 adults 18-49 rating, down 29...
Nexstar’s Arkansas TV stations help tornado victims
Nexstar Broadcasting Group announced its owned or affiliated television stations in Arkansas have
Montero on NAB objections to JSA Public Notice
The NAB recently sent a letter to the FCC expressing legal problems with the Media Bureau's new processing
iHeartRadio Music Awards hit with trademark suit
The iHeartRadio Music Awards, which aired across CCME radio stations and on NBC 5/1
American Tower Q1 up 22.6%; buys Richard Towers
American Tower’s Q1 revenue rose 22.6% to $984.1 million and total rental and management revenue
Bobby Baker to receive 2014 FCBA Excellence in Government Service Award
The Federal Communications Bar Association reports Bobby Baker
Viacom to buy UK’s Channel 5 Broadcasting
Viacom and Northern & Shell Media Group announced a deal to buy Channel 5 Broadcasting Limited
Viacom fiscal Q2 up 1%
Viacom reported fiscal Q2 2014 revenues of $3.17 billion, up 1%, reflecting higher affiliate fees and ad revenues, partially offset by