Stocks up to extend record run
Stocks rose Wednesday, with hopes for ongoing central-bank stimulus bolstering sentiment amid economic reports illustrating a contraction in manufacturing. After starting the session in...
McDowell announces post-FCC plans
It turns out that both of the departing FCC officials – Julius Genachowski and Robert McDowell – are being institutionalized. Genachowski is
JVC buys Florida radio group*
The use of * in the headline is totally appropriate – JVC Media is expanding from its Long Island NY radio base into the...
FCC announces capital event
One of the hurdles preventing many small businesses from breaking into the broadcasting business is obtaining financing, and to help alleviate that problem the...
NY senators push for Canada accord on TV spectrum
The two US Senators from the state of New York are pressing their former colleague and current Secretary of State John Kerry for a...
Google unveils “All Access Music”
At its developer conference in San Francisco 5/15, Google unveiled Google Play Music All Access, a monthly music subscription service with access to millions...
CBS unveils 2013-2014 sked
The schedule, featuring eight new series, includes five comedies and three dramas. Five will premiere in the fall and three at mid-season. CBS will...
Pandora offering e-biz integration to buying platforms
Pandora unveiled a new e-business ad technology solution that will allow for frictionless planning and buying for media buyers. The new platform seamlessly integrates...
Pittsburgh AM moving out of receivership
$14,515 WLFP-AM Pittsburgh PA (Braddock PA) from WURP East Inc. (Michael Craven, Receiver for BusinessTalkRadio.Net Acquisitions Corporation) to AM Guys LLC (Edward DeHart, Stephen...
Nexstar/CCA related deal details
$27M KPEJ-TV Odessa TX; and KMSS-TV Shreveport LA from Nexstar Broadcasting Inc. (Perry Sook) to Mission Broadcasting Inc. (Nancie J. Smith, Dennis Thatcher). Cash....
Meredith buying and merging magazines
A pair of family oriented magazines that mirror titles already on the Meredith menu are being acquired and blended into the existing Meredith publications....
Metroplex LPTV sold
KVFW-LD Fort Worth TX is being sold to a company which brings China into the ownership mix – comfortably below the FCC’s limit on foreign investment. Brokerage Kalil & Co. is holding the escrow and represented the buyer.
Rockefeller orders study of local TV combos
Sen. Jay Rockefeller (D-WV) wants to learn about the use of JSAs and SSAs by local television companies, and has asked the Government
Clemson combo going to new owner
The South Carolina college town is home to WCCP-FM and WAHT-AM, owned by Golden Corners Broadcasting. But not for long. Byrne Acquisition Group has agreed to by the combo.
A brief tutorial on managing an LMA
One of the dangers faced by a broadcast station licensee when turning over any of its operations to a second party is having that second party leave you liable for various FCC rule violations and perhaps even setting up a premature transfer of control. A contract for a recent sale includes two instructive clauses for those contemplating an LMA to keep in mind.