Brady buys Yuma television station
$1.3M KYMA-DT Yuma AZ from Yuma Broadcasting Company (Ralph Toddre) to Blackhawk Broadcasting LLC (Brian W. Brady). $50K escrow, $1.12M cash at closing, $130K...
Retail spending picks up in May
There was a small uptick in consumer spending (excluding cars, gas and eating out) from April to May – but looked at YOY, there...
Mixed review for Gannett-Belo deal
Moody’s Investor Service sees good things in Gannett’s acquisition of the Belo television group, but they do
West Virginia combo sold
WFSP AM & FM serve a portion of the Morgantown-Clarksburg-Fairmont Arbitron market, and soon they will be doing so under the auspices of a new owner. The combo is licensed to Kingswood WV.
Global ad revenues to grow 6% in 2014
Magna Global predicts the global ad market to grow by 3.0% this year, to $486 billion, thus slowing down from 2012 (+3.9%), and then accelerate by 6.1% in 2014, to $515 billion. Compared to its previous forecasts, published in December 2012, this represents a small downgrade for 2013 (-0.1%) and a small increase for 2014 (+0.1%). Magna’s analysis covers ad market conditions in 73 individual markets, adding three new markets this time: Sri Lanka, Pakistan and Kenya.
Clearwire board endorses Dish’s new bid
Only a day after DISH Acquisition Holding Corporation extended the expiration of the previously
The Bachelorette, episode 3: Brian’s busted, Ben’s bullied
We got to see more of girl next door Desiree this week in her workout outfits during the Dodgeball group date, the building climbing...
BMI files rate action against Pandora
Broadcast Music Inc (BMI) filed an action in New York City today asking the Federal Rate Court to set
Stocks jump on easing Fed worries, upbeat data
Stocks rallied on Thursday, with the S&P 500 index marking its best day in five months, bolstered by upbeat economic data and a late-session...
Apple signs BMI for iTunes Radio
BMI has inked a performance licensing deal with Apple for iTunes Radio that will give it 10% royalties on ad revenue from the new service, according to reports. Both Warner/Chappell and Sony/ATV struck deals for iTunes Radio ahead of the platform’s launch. Warner/Chappell is getting 10% royalty rate from ad revenue and Sony/ATV at 10-15% for now.
DISH extends Clearwire tender offer
DISH Network announced that DISH Acquisition Holding Corporation has extended the
McCain urges Clyburn to consider a la carte
From what we’ve heard, John McCain’s effort to pass legislation to encourage MPVDs to offer a la carte program options to their subscribers is...
Takeaways on the Gannett/Belo deal
Marci Ryvicker of Wells Fargo noted that the deal between the two media companies was a surprise and unique in that it is not...
ASCAP not buying Pandora’s FM ploy
Paul Williams, president of composers rights organization The American Society of Composers, Authors and Publishers, says that music offered on the internet is different...
Sarah Palin rejoins FOX News
Former Alaska governor and 2008 Republican VP candidate Sarah Palin is rejoining FOX News as a contributor, announced Roger Ailes, Chairman and CEO of...