Cubs may say good-bye to WGN
Since the dawn of television the Chicago Cubs have been seen on WGN-TV, but that’s about to end as the baseball team seeks to profit by opening up a bidding war for its broadcast rights.
EMF buying FM in the San Diego fringe
Noncommercial religious group Educational Media Foundation appears to be on another buying binge, and it’s latest trading partner, according to broker of record Kalil and Company, is Cherry Creek Radio.
Nielsen to increase PPM sample size
A larger sample size means increased accuracy—especially in panel-challenged demos...
ABC rules Wednesday with CMA
Nobody was even close to ABC in 18-49, 18-34 or total viewers as 16.6M tuned into the Country awards show. CBS was the "Survivor"...
Dish to shutter remaining O&O Blockbuster stores
About 300 brick-and-mortar locations left in the US will be closed by early January, as well as its distribution
Organizations team for mobile TV seminar
The National Association of Broadcasters and The National Academy of Television Arts & Sciences are collaborating on an event that will educate television professionals on new developments in mobile television and the opportunities they present.
Radio deals in Palm Springs CA, Meridian MS
$600K KAJR-FM Palm Springs CA (Indian Wells CA) from A&J Media LLC (Arthur Rivkin) to RM Broadcasting LLC (Todd Marker, Margaret Marker). Cash. Superduopoly...
House Democrats go after e-cigarette marketers
House Energy and Commerce Ranking Member Henry Waxman (D-CA) and two key subcommittee heads have sent a letter to the FDA sounding the alarm about efforts to sell e-cigarettes, particularly to young consumers.
Gray falls on lack of political
The $88.3M in revenue pulled in by Gray Television in Q3 2013 was $14.6M dollars, or 14% less than it made the prior Q3, and it was hardly surprise, given the precipitous drop in political for the group. All in all, results were better than expected, and the group has considerable near-future upside potential.
Townsquare found stable by Wall Street watchdog
Moody’s Investors Service has rated a financial instrument being put into effect by growing radio group Townsquare Media and said the move will not affect the company’s corporate family rating nor change its overall stable rating.
Entravision sees minor Q3 downturn
Entravision’s net revenue dropped to $57.8 million in the quarter, from $58.5 million in Q3 2012, a decrease of $700K or 1%. Of the overall decrease, $1.2 million was from the television segment and was blamed on political ad comps, partially offset by increases in local ad revenue and retransmission fee dollars. This decrease also offset by a $500K increase (3%) in the radio segment, which saw an increase in local ad revenue, even though political ad comps were down as well.
Radio One gets a Q3 lift; Q4 to be flat
Net revenue was $118.4 million, up 7.7% from Q3 2012. The comp was $109.9 million in Q3 2012. Station
CBS rocks Q3 with double-digit revenue gain
The numbers look good at CBS – very good – and it has company leaders Sumner Redstone and
Nexstar strikes again with Grant group
Rapidly growing Nexstar Broadcasting Group is picking up seven television stations in four
Stocks mostly close higher; Dow sets record
Stocks mostly finished higher on Wednesday, with the Dow scoring a record closing high. It gained 128.66 points, or 0.8%, to end at 15,746.88,...