Gray keeps buying back preferred shares
Gray Television announced that on December 9th it completed the repurchase of an additional 68.73 shares of its Series D perpetual preferred stock in...
Lee Enterprises files Chapter 11
Newspaper group owner (and former TV group owner) Lee Enterprises told shareholders earlier this month that it would file a prepackaged Chapter 11 bankruptcy...
Sanders and Deutch: Corporations are not people too
There have been numerous legislative attempts to blunt the effects of the Supreme Court Citizens United ruling, but Bernie Sanders (I-VT) and Ted Deutch (D-FL) have decided to go one step further.
Tribune bankruptcy: Three years and counting
Back a year ago it was a pretty sure bet that 2011 would bring the end of Tribune
Fitch puts 2012 outlook for media sector at steady
Outlook for the US Media & Entertainment sector is stable. The coming year driven by modest growth in ad spending amid elevated macroeconomic risk, and bolstered by a banner year for political advertising.
2012, coming to an FCC near you
FCC Commissioner Robert McDowell said that the still-in-the-works review of media ownership policy should be of major interest, judging by the excitement and controversy the issue has consistently aroused in recent years.
FCC candidates move through committee
Jessica Rosenworcel and Ajit Pai have been recommended to the full Senate as the next FCC Commissioners, by a voice vote of the Senate...
Verizon, Redbox to offer streaming movies, TV shows
Verizon is reportedly in talks with Redbox to team up and compete with Netflix by offering streaming video content to a variety of devices...
McClatchy's newspaper business is less bad
Noted that it saw improving advertising revenue trends that began in September and continued in October and November 2011. Ad revenues were down...OK, explain again why Warren Buffett and John Lynch have been buying newspapers. We really don
House Democrats tell FCC to leave ownership rules alone
The FCC is expected to finally address rules affecting local media ownership as part of the quadrennial review of 2010, sometime in 2012. The NAB is taking its case, that cross-ownership and television duopoly rules should be relaxed
Harry Morgan dead at 96 (video)
He appeared in numerous movies and TV series, but Harry Morgan was best known as “Colonel Sherman Potter” on “M*A*S*H.” Morgan has died at...
Glenn Mulcaire arrested for questioning in phone hacking scandal
Private investigator Glenn Mulcaire has been arrested as part of the phone-hacking inquiry, according to Sky News sources. Police said a 41-year-old man was...
New FCC nominees up for Committee vote
The Senate Commerce Committee has questioned the two nominees for seats on the Federal Communications Commission: Democrat Jessica Rosenworcel and Republican Ajit Pai. It...
LIN getting more credit from its bankers
LIN Media is working on a refinancing with its senior lenders. The company will be getting more money from its bankers as it cashes...
FCC Commissioner Michael Copps announces exit
It is widely known that the service of Michael Copps as a Democratic member of the FCC is in its waning days. Now Copps has made it official, saying he has offered President Barack Obama