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%,...
FCC

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

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.
Clear Channel

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...
Blackout

Showdown looming for LIN, Cox in CT

Another blackout is looming over failed retransmission consent negotiations. Subscribers of

US ranks 31st in internet speed

Say what? According to a recent study by Ookla Speedtest, the U.S. ranks a shocking 31st in the world in terms of average download speeds. The leaders in the world are Hong Kong at 72.49 Mbps and Singapore on 58.84 Mbps. And America? Averaging speeds of 20.77 Mbps, it falls behind countries like Estonia, Hungary, Slovakia, and Uruguay,

Mark LaNeve joins Entercom board

Entercom Communications announced Mark LaNeve has joined its Board effective immediately. LaNeve has served since 2012 as COO of WPP’s Global Team Ford, an agency that serves as the marketing and advertising partner to Ford and Lincoln businesses globally. Previously, he served as Chief Marketing Officer at Allstate, where he...

S&P 500 ends at record

Stocks finished Thursday generally higher, with the S&P 500 index closing at a record level for the 50th time in the past 12 months....

Newsmax’s Chris Ruddy readying new network

Christopher Ruddy, CEO of Newsmax Media, is planning to launch NewsmaxTV in June, a 24-hour cable news channel that will be, he says, a kinder, gentler Fox. “Our goal is to be a little more boomer-oriented, more information-based rather than being vituperative and polarizing,” he told Bloomberg Businessweek.
Greg Walden

Walden releases first draft of STELA reauthorization

House Communications and Technology Subcommittee Chairman Greg Walden (R-OR) released
FCC

Good news: FCC may relax cross-ownership rules

A senior FCC official told reporters 3/6 that FCC Chairman Tom Wheeler will propose keeping current radio ownership limits in place, but he’s also planning to propose eliminating the radio-newspaper and radio-TV and cross-ownership ban