S&P 500 snaps 8-session winning streak
Stocks ended slightly lower on Tuesday, with the S&P breaking an eight-session winning streak after a Federal Reserve member urged reduced stimulus and Coca-Cola's...
ABC came in second on Monday
With The Bachelorette and Mistresses, ABC finished second on Monday, leading NBC’s original line-up (American Ninja Warrior/Get Out Alive with Bear Grylls/Siberia) in both...
Delmarva Broadcasting’s “Graffiti Radio 93.7” profiled
Delmarva Broadcasting’s “Graffiti Radio 93.7” (WSTW-HD2) Wilmington, DE got a profile from the Delaware News Journal. The award-winning youth-oriented channel has aired since 2006...
Open Commission meeting this Friday
The FCC will host an open meeting on Friday, 7/19 at 10:30 a.m. Items of note include the Annual Assessment of the Status of...
Marketron’s Network Connect adds 1,000th station
Marketron, provider of software solutions and business services for the media industry, has reached a milestone with Network Connect, a component of its Mediascape...
Meredith to launch Allrecipes Magazine, TV segment
Meredith says the magazine will be a print extension of the company's Allrecipes.com digital destination. This represents the media industry's first large-scale digital-to-subscription magazine...
Detroit AM donated by CCME to EMF
N/A WDTW-AM Detroit MI (Dearborn MI) from AMFM Radio Licenses LLC, a subsidiary of Clear Channel Communications Inc. (John Hogan) to MMTC Broadcasting LLC...
Broadcasters Foundation names new board members
The Broadcasters Foundation of America has named four new members and a new officer to its Board of Directors. The new members were voted...
“iHeartRadio Ultimate Pool Party” flops
CBS was number one with adults 18-49 and with total viewers. Its “Under the Dome” matched last week's 2.7 adults 18-49 rating. On NBC,...
Hubbard buys Sandusky Radio
Hubbard Radio has entered into an asset purchase agreement to acquire 10 stations from Sandusky Radio for $85.5 million
Apple to offer ad-skipping technology with a twist
According to Wall Street Journal tech writer Jessica Lessin, Apple has been meeting with television execs
Obamacare fight to churn $500M in TV ads
Local TV stations around the country are likely to see $500 million in politically themed advertising this
GE Capital takes a look at Q1 deal climate
According to GE Capital's just-released Industry Research Update for Media, following a resurgence of deal activity in 2011, with $3 billion of total deal volume (most notably Cumulus Media’s $2.3 billion purchase of Citadel Broadcasting), deal activity returned to a more modest pace in 2012, closer to $1 billion and was quite limited in 1Q. From the report:
“Follow the Money” host gets 20 years
Patrick Kiley was sentenced 7/15 to 20 years in federal prison for his role in a $194 million Ponzi scheme
Fire destroys Salem/Seattle transmitter building
The site, on North Madison Avenue in Bainbridge, WA, was destroyed in a fire early 7/15. The fire was discovered by Bainbridge Police Officer...