Sold

Unkefer snaps up Memphis fixer-upper

An AM station located across the Mississippi River from Memphis is going to a new owner – and in this case, both the buyer and seller will be putting on their tool belts and the price of the station has been reduced.
CBS

Boomer & Carton to air on CBS Sports Network

CBS says that beginning next month its CBS Sports Network will simulcast WFAN-A/FM New York’s “Boomer & Carton” morning show. The four-hour morning show...
Cumulus

Lew Dickey, Sr. passes

Sadly, Lew Dickey, Sr., passed away over the Thanksgiving holiday at age 86. He is survived by his wife of 57 years, Patricia; six children: Pat, Lew (Cumulus CEO), David, John (Cumulus COO), Michael and Caroline; and eight grandchildren. Here is the obituary:
SBG / Sinclair Broadcast Group

Sinclair won’t renew with Granite in two markets

Late last month, the FCC approved the $370 million buy for Sinclair Broadcast Group to close on 18 Barrington Broadcasting Group stations, including WSTM-TV (NBC) and WSTQ-TV (CW) in Syracuse. Sinclair is also operating or providing sales services for six Granite Broadcasting stations, including its WTVH-TV (CBS) Syracuse. However, the shared services agreement (SSA) that brought WTVH under the same facility as WSTM and WSTQ could be ending in 2017.

Broadcast stocks edge up on Friday

It truly was Black Friday for most broadcast stocks, with results listed in black ink on the day after Thanksgiving. ACME was a big...
Yahoo!

Alas, poor Couric! I knew her!

OK, OK, our headline is way over the top –we just couldn’t resist. But when Katie Couric accepted the job as global anchor of Yahoo News, internet portal The Daily Beast wondered if it signaled “the end of old media dominance.” Count us among the skeptical.
Clear Channel

CCM+E sitting on monetary fault line

The acquisition of Clear Channel by Bain Capital Partners and Thomas H. Lee Partners took place on the wrong side of the financial crisis, turning the management of the balance sheet into a juggling act. The company is paying now to move some big obligations further into the future.

Saga is bright spot in rough broadcast stock day

The stock of Saga Communications enjoyed a healthy 6.6% surge, leading the way for broadcast issues which turned in decidedly mixed results. Saga almost...
Wheel of Fortune

Big Wheel keeps on rolling

Wheel of Fortune kept its place on top of the syndie total viewers chart during the week of 11/11/13, and Judge Judy once again...
U.S. Congress

Walden fires up the griddle for the FCC

As always, there are a lot of important issues percolating away at the FCC, and now, there is a new five-member 8th Floor contingent to deal with them, including new Chairman Tom Wheeler. Greg Walden (R-OR) and the rest of the House Communications Subcommittee would like few words.
Mike Huckabee

Huckabee to turn off his mic

His long-form mic, anyway. 200 radio stations are going to have three hours to fill in their schedule as former governor and presidential candidate and current Cumulus Talker Mike Huckabee focuses on alternate opportunities.
CBS

CBS on top in tight three-way race

Three networks had a 7 share, but CBS prevailed in a ratings contest that went 2.5-2.4-2.3, beating ABC and NBC. Fox was ahead of...
Sports

Online sports is big business

The month of September featured the return of professional football and the buildup toward the Major League Baseball playoff season, and according to Nielsen, one beneficiary was the online sports industry, providing news and fantasy destinations for millions of users.
Washington Redskins

Oneida takes anti-Redskins campaign beyond DC

The campaign to pressure the Washington Redskins to change their team nickname has been waged over Washington DC radio airwaves, but now the Oneida Indian Nation is taking it on the road.
Chart

Analyst forecasts global economic growth

BNY Mellon Chief Economist Richard Hoey believes that several factors will come into play next year which will support a mild acceleration of GDP. Part of his assessment is based on a favorable approach to the economy by the likely next head of the Fed and a downgrade of the economic warfare on Capitol Hill.