Hemisphere Media Q4 up 12%
Net revenues for the quarter were $25.9 million, an increase of 12%, compared to net revenues of $23.1 million for Q4 2012. Net revenues for the FY were $86.0 million, an increase of 21%, compared to net revenues of $71.4 million for the same period in 2012. This increase is primarily a result of the inclusion of the net revenues of Cine Latino since the buy in 2013, offset in part by loss of political ad revenue.
Nielsen issues RADAR 120 report
The March 2014 RADAR release is the first time Nielsen reports the findings based on the Mon-Sun 12M-12M daypart. Past RADAR press releases used...
KFXN-AM Minneapolis sold
MMTC Broadcasting (via diversity watchdog Minority Media and Telecommunications Council) is selling one of its stations that Clear Channel had donated—Asian KFXN-AM Minneapolis—to Asian American Broadcasting (Xeng Xiong and Kongsue Xiong) for...
Aereo shuts down in Denver, Salt Lake City
Aereo's broadcast TV streaming service in Denver and Salt Lake City were on a couple of weeks after Judge Dale Kimball of the U.S. District Court for the Southern District of Utah granted Community Television of Utah, KUTV-TV, FOX Broadcasting and Nexstar a preliminary injunction on 2/20, but as of 3/8, they’re off. On 3/7 a panel of...
Mexico’s FCC reins in Carlos Slim, Televisa
Mexico's Federal Telecommunications Institute (IFT) unveiled numerous new
TRN, Cumulus announce Westwood One settlement
TRN Companies and Cumulus Media have agreed to settle outstanding claims arising during
Patrick, Prather on the Heartland-Chambers buy
Heartland Media (Oregon TV, LLC Robert Prather, CEO) has acquired three Oregon TV stations and
Stocks end mostly higher; S&P 500 notches record
Stocks ended mostly higher but trimmed earlier gains scored after a bigger-than-expected rise in February nonfarm payrolls. The S&P rose 1.01 point, or 0.1%,...
Litany of licenses: granted and dismissed
Here’s a list of the FCC’s latest licenses, construction permits and transfers of control—granted and dismissed—for TV, AM and FM. This list is current as of 3/7/14:
KPTY-FM sale closed in Texas
The sale of Latin Pop KPTY-FM, Winnie, TX (Beaumont/Port Arthur) from Tichenor License Corporation/Univision Radio Broadcasting Texas L.P. to Excel Media, LLC has closed. The Buyer, Excel Media, is a Texas-based company headed by John Walton.
‘Scandal,’ ‘Grey’s Anatomy’ down; ‘The Big Bang Theory’ up
CBS was number one Thursday with adults 18-49 and with total viewers. The Big Bang Theory earned a 5.2, up 4% from last week's...
Samsung launches Milk music service
It’s a free radio service with 200 ad-free stations. With no log-in required and no need to think of
Disney Interactive cutting 700 jobs
More cuts at Disney: Disney Interactive, video game and digital media division, is cutting some 700 jobs worldwide, the company said Thursday. DI is closing offices in Chicago, New Jersey, Colorado, South Korea and Hyderabad, India. The layoffs represent about 26% of the division's workforce.
CCME names two new PDs
Clear Channel Media and Entertainment announced Jared Fallon has been named PD for CHR Q102 WIOQ-FM in Philadelphia and Deelo has been named PD...
Showdown looming for LIN, Cox in CT
Another blackout is looming over failed retransmission consent negotiations. Subscribers of