CCME extends exchange offer notes due 2021
CCME says it has further extended its exchange offer of its Senior Notes due 2021 (for all outstanding Senior Notes due 2021) that were issued and sold by Clear Channel in 2013 in private placement offerings.
CCME, Relativity re-up to cross-promote content
Clear Channel Media and Entertainment and Relativity, a next-generation studio that produces and distributes entertainment content across multiple platforms, are renewing their cross-media marketing collaboration to promote Relativity film releases.
Digital radio to grow 8.1% this year
Internet-delivered radio is growing quickly as a medium with listeners tuning into digital stations on a wide range of devices, from desktops to in-car systems and mobile devices. A new report from eMarketer, “Digital Radio: Usage Grows, but Lack of Scale Remains a Challenge” says there will be a monthly average of 159.8 million digital radio listeners in the US this year, up 8.1% from 2013.
Nielsen Q4 up 12%; first quarter that includes Arbitron
Q4 marked the first full quarter of Arbitron in the company’s results. Revenues in the quarter
CBS Corp. announces share repurchase plan
The company plans to initiate an accelerated share repurchase of $1.5 billion of its Class B common stock
CBS Q4 up on content licensing, distribution revenues
CBS Corp. saw revenues of $3.91 billion in Q4, up 6% from $3.70 billion in Q4 2012. This growth was
Comcast getting Time Warner Cable for $158.82/share
Comcast announced it has agreed to buy Time Warner Cable for $45.2 billion in stock, or
Stocks break 4-day winning streak
Stocks ended Wednesday generally lower as investors paused after the largest four-consecutive session rally in more than a year. The Dow Jones Industrial Average...
Armada sale to Radio Plus Bay Cities sale closes
Kalil & Co. announced the closing on the sale of radio stations WLST(FM), WMAM(AM), Marinette
Jillian Barberie joins KABC
Cumulus’ TalkRadio 790 KABC welcomes Jillian Barberie to join John Phillips for the new “Mid-Day LA with Jillian Barberie & John Phillips” as part of the station’s recently launched live and local in SoCal lineup. “Mid-Day LA with Jillian Barberie & John Phillips” will air weekdays from noon to 3 p.m. beginning 2/17.
2014 Ward L. Quall award winners named
The Broadcasters Foundation of America announced the recipients of the 2014 Ward L. Quaal Leadership Awards, to be presented at the Foundation’s
Channel sharing: A new opportunity for broadcasters
Tom Wheeler, FCC Chairman, penned a blog with the title above regarding enthusiasm for
ASCAP 2013 revenues up 13%
Revenues remained strong at $944.4 million, led by a $13.2 million increase in domestic receipts boosting ASCAP's financial growth
Eight in ten Millennials listen to Internet radio
So says Larry Rosin, of Edison Research: Last fall, Edison Research debuted “The New Mainstream”
OSU buys translator for Ponca City
Stillwater, OK-based Oklahoma State University, licensee of KOSU-FM, has agreed to purchase the CP for translator Station K235CG (94.9 mHz) Ponca City, OK from E-String Wireless, Ltd. The purchase price is