Journal Q1 revenue up on strong broadcast numbers
Revenue for the quarter was $94.7 million, up 15.1%. Net earnings were $3.8 million, an increase of 29.9%. Results were driven by the acquisition...
WOKV moves to more powerful FM
Now Jacksonville and Northeast Florida listeners can hear News/Talk WOKV-A/FM louder and clearer than ever before. Cox Media Group has moved the station from...
Radio deals in Alabama, New Mexico
$55K WGNQ-AM Bridgeport AL from MG Media Inc. (Marvin Glass) to Partners Media Investments LLC (Anthony Bono). $20K escrow, balance in cash at closing....
LPTVs in Detroit, Sacramento changing hands
$675K W47DL-D Detroit MI and K45HC Sacramento CA from Regal Media Inc. (George Cooney) to Global Broadcast Networks Inc. (Kenta Rooks). $100K escrow, balance...
Obama discusses Wheeler appointment
The next stop for Tom Wheeler is the Senate Committee on Commerce, Science and Transportation where Jay Rockefeller (D-WV) and colleagues will get a...
One deal fuels TV trading in March
Sinclair Television Group’s acquisition of the entire Barrington Broadcasting Group was by far the largest action filed with the FCC
Coastal California AM going noncom
El Sembrador Ministries has a deal for KRXA-AM Carmel Valley CA, serving the Monterey-Salinas-Santa Cruz market. When the deal closes, it will mark the end of standard advertising messages on the station.
Stocks end lower; Dow snaps four-day win streak
Stocks declined Wednesday as the Fed said it would keep buying $85 billion in bonds each month, but may cut or increase the program,...
Ed Markey wins senate primary
It was an easy win for Rep. Ed Markey (D-MA) in the race to get the democratic nod to fill the seat once occupied...
CBS cleans up in 2013 first quarter
Top execs at CBS are calling Q1 2013 the best ever in the company’s history, with new records set
Radio’s streaming secret
Coming out of the NAB Convention in Las Vegas a few weeks ago, one of the interesting story lines is the number of radio...
Broadcast TV needs a new business model
by Rita Gunther McGrath, Columbia Business School
Broadcasters have had it tough in business model terms. The rise of cable and the proliferation of content...
Connected home viewers on the rise
47% of home entertainment devices in the U.S. are currently connected and used, and the way they are used online by consumers varies significantly....
Commissioner Clyburn named Acting FCC Chair
FCC Chairman Julius Genechowski is expected to be out of the building by the middle of the month, and it will take far longer...
Allbritton may hang up the “for sale” sign
TV group Allbritton Communications is bringing in outside help to explore its strategic alternatives, and one of those may be the outright sale of...