Stocks drop 6% in May; worst for DJIA in 2 years
Stocks finished the month with all three indexes off 6% or more during May. Friday's monthly payrolls data and the lowered expectations following a...
House panel tees up audio hearing
Greg Walden (R-OR), Chairman of the House Subcommittee on Communications and Technology is holding a hearing on the 68th anniversary of D-Day entitled “The...
Another FCC reform bill gets House nod
FCC Consolidated Reporting Act, H.R. 3310 has taken another step on its way from being a bill to becoming a law. By unanimous consent,...
Medical company moving into Orlando radio biz
WEUS-AM in the Orlando FL market is going into an LMA with MultiCorp International, Inc./XTend Medical Corporation. MultiCorp intends to eventually buy the station,...
MVPD tax battle in progress in Illinois
The Illinois Senate has just approved a 5% tax on satcasters like Dish and DirecTV, saying it will help education children while leveling the...
NPR teams with travel agency to spike contributions
Noncommercial radio icon NPR was able to provide an inducement to donate during pledge drives in New York, Chicago, San Francisco and Boston –...
FCC Chair, Connect2Compete partner on national campaign
FCC Chairman Julius Genachowski was joined by Connect2Compete (C2C) members Cox Communications, Redemtech-GoodPC, The League of United Latin American Citizens and Carlos Slim at...
Rick Neuheisel joins SiriusXM
Former college football coach Rick Neuheisel, who won the Rose Bowl as both a coach and a player, has joined SiriusXM as an analyst...
NBC: Kings vs. Devils scores 2.4 rtg.
In metered-market household ratings, the overtime game between the Los Angeles Kings and the New Jersey Devils averaged a 2.4 rating, 4 share from...
“So You Think You Can Dance” dominates Wed.
FOX’s SO YOU THINK YOU CAN DANCE posted week-over-week gains last night to give FOX the nightly win across Adults 18-49, Total Viewers, Adults...
Cumulus moves to buy Pensacola FMs
$6.5M WMEZ-FM & WXBM-FM Pensacola FL (Pensacola, Milton FL) from 6 Johnson Road Licenses Inc., a subsidiary of Pamal Broadcasting Ltd. (James J. Morrell)...
Legal woes lead to shifting LPTV shares
N/A WYSJ-CA, WVBN-LP & WJHJ-LP Norfolk-Portsmouth-Newport News VA (Yorktown, Virginia Beach, Newport News VA). 70% of JBS Inc. from Samuel Jacobs (70% to 0%)...
Bonus electoral battle in Texas
Nobody expects the Democratic Party to have a real good shot at snagging the seat in the US Senate being vacated by Kay Bailey...
Consumer confidence continues to slip
Another prominent measurer of consumer confidence – the Conference Board – is reporting erosion. Sentiment about both current conditions and about the future both...
LIN offers opportunity to minority students
Television group LIN Media will have a pair of college students on its intern staff this summer, working in Ft. Wayne IN and Grand...