Cumulus Q1 revenues down, but future is bright
Net revenues for the quarter decreased $3.1 million, or 1.3%, to $232.9 million, compared to $236.0 million in Q1 2012. This decrease
Mid-West adds Mavericks to its portfolio
$15.5M WAYY-AM/WAXX-FM/WIAL-FM, WEAQ-AM, WDRK-FM & WECL-FM Eau Claire WI (Eau Claire, Chippewa Falls, Cornell, Elk Mound WI); and WNTA-AM, WXRX-FM, WRTB-FM & WRTB-FM Rockford...
Obama on changing of the guard at the FCC
One of the hallmarks of the Genachowski era at the FCC has been the opportunity for broadcasters to sit in the back of the communications agenda bus. And based on the remarks of President Barack Obama, that situation will continue during the Wheeler era, should he be confirmed by the Senate.
DIRECTV turns in healthy Q1 results
US subscriber net additions slowed in Q1 2013 for satellite MVPD DIRECTV, but revenues and profit were up. Adjusted results were up on a...
Bargain price for Pittsburgh AM
The station – WLFP-AM -- is actually licensed to Braddock PA, and at one time it was owned by Inner City Radio. But it’s fallen on hard times, and its 2013 sales price is less than 6.5% the amount it last sold for in 2007.
Multiple fines for one owner’s Kansas AMs
An AM station in Scott City KS was discovered to be without a main studio, and that led to the secondary discovery that its...
Nielsen to sell Expositions unit
Onex Corp., Canada's biggest buyout firm, has agreed to acquire Nielsen's tradeshow unit for $950 million in cash. Onex Partners III, Onex’ $4.7 billion...
Discovery Communications scores a healthy Q1
The cable networks giant led by CEO David Zaslav posted revenue of nearly $1.2 billion, up 7% or $71 million compared with Q1 2012....
Stocks end mostly up to extend record climb
Stocks mostly advanced Monday, lifting the S&P 500 index to another record close above 1,600, on momentum from last week's release of the April...
Scott Blake Harris joins Wilkinson Barker Knauer
There will be a new managing partner on the job at WBK – Scott Blake Harris will focus on several areas of law including...
Rockefeller will work with new FCC chair
Senate Commerce Committee Chair Jay Rockefeller (D-WV) did not get his first choice for the position of Chair of the FCC, but he said...
NAB argues that TV CP freeze is harmful and unnecessary
In a letter to Media Bureau Chief William Lake, NAB’s Rick Kaplan noted that the FCC never really explained why it froze television CPs,...
Fox license renewed over objection
Citizens for Responsibility and Ethics in Washington petitioned the FCC to deny license renewals for two Fox O&O television stations
Fox News Radio details Memorial Day programming
FOX News Radio (FNR) will offer affiliates two hour-long specials for Memorial Day Weekend: “Remembering Iraq” and “The Next Disaster,” which will be available...
Upstate NY group expands in its own Backyard
Community Broadcasters will grow from two to four markets and will come very close to doubling its collection of radio stations as well when...