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...
Now Aereo sues CBS
Barry Diller’s local TV subscription streaming service has decided to fire the latest volley at CBS in its ongoing battle with broadcasters. Aereo is responding to the threats of being sued in markets it plans to launch in—specifically responding to CBS EVP/Communications Dana McClintock’s Twitter post on 4/23, re Aereo’s Boston launch: “And we will be there to sue them…Stealing our signal will be found to be illegal in Boston, just as it will be everywhere else…Then again, if Aereo’s business is as successful in Boston as it’s been in NY, it has its own problems to deal with.”
Magna Global: 2.4% growth for US in 2013
Magna GlobalMagna Global says the US ad market is accelerating gradually, following a weak first quarter. Ad revenues are expected to grow 0.4% this year, or 2.4% excluding cyclical Political and Olympic (P&O) spending, in line with previous expectations. Magna Global is upgrading its 2014 forecast to 5.9%, or 3.8% excluding cyclical P&O spending, as the economic prospects appear more robust. Digital media will be the only category to grow significantly this year. Magna Global's 2013 estimates are slightly down from those reported in January.
Greater Media names talent for WJRZ-FM
The new 100.1 WJRZ-FM, serving The Jersey Shore from Toms River/Manahawkin, NJ is playing the greatest hits of the 60’s, 70’s and 80′s. The...