CBS

CBS posts higher; News Corp. falls short

According to MarketWatch.com, CBS Corp. reported late Thursday its second-quarter net profit slipped to $439 million, or 76 cents a share, from $472 million, or 76 cents a share, a year ago. Adjusted to exclude one-time items, its profit rose to 78 cents a share from 75 cents a year ago.

ABC and Cumulus jockeying for affiliates

Apparently Cumulus-owned Westwood One is chatting up some of its current affiliates to sign

Earls Family Broadcasting gets new investors

Branson, Missouri-based Earls Family Broadcasting’s Charles C. and Scottie Earls announced Greg and Roz Slavik are new investors in the company

Diane Sutter named recipient of 6th Annual Frances Preston Trailblazer Award

The Mentoring and Inspiring Women in Radio (MIW) Group announced that Shooting Star Broadcasting’s
CBS

CBS Q2 lower over NCAA semifinals, soft ad market

CBS saw revenue decline in Q2 as it lost some TV licensing revenue from the shift of the NCAA Men's
Entravision Communications Corporation

Entravision Q2 was up 9% on World Cup

Net revenue increased to $61.8 million for the quarter from $57.0 million in Q2 2013, an increase

Journal Q2 shows gains in both radio, television

Journal Communications' Q2 revenue was $104.7 million, up 4.9%. Television revenue was $46.9
NAB / National Association of Broadcasters

NAB: Broadcast ownership rules lacking in rationale

The rationale underlying several decades-old media ownership rules that broadcast television stations

NABOB comments in FCC Ownership Proceeding

The National Association of Black Owned Broadcasters (NABOB) filed Comments 8/6 in the FCC’s 2014 Quadrennial Review of its broadcast ownership

TV TEM in Brazil expands OTA DTV network with GatesAir

GatesAir, a global leader in over-the-air broadcast solutions for television and radio, is expanding TV TEM’s ISDB-Tb digital television network to cover

Viacom fiscal Q3 down 7% on film; below consensus

Revenues were $3.42 billion, a decrease of 7%, with declines in Filmed Entertainment partially
Disney

Disney fiscal Q3 up 8%; delivers record EPS

Revenues in the quarter were $12.5 billion, up 8% from fiscal Q3 2013 of $11.6 billion. These numbers are
Tablets

Study confirms TV ad awareness eroded by 2nd screen use

Second screen usage distracts viewers from TV advertising according to a study from TNS Infratest commissioned by wywy. Among viewers who used a second screen device while watching TV, the TV ad awareness dropped 58% compared to TV-only viewers participating in the study.

Myers installs hub & spoke at DCA

Myers, a leading provider of broadcast management software, announced the successful implementation of the company's ProTrack Hub & Spoke solution for the new Florida-based centralcast environment that is now providing master control services for 13 public television stations spread across five states.
Gannett

Gannett splits newspaper, broadcasting

Gannett is splitting its broadcast and publishing business in two, joining other major media players in