FTC cracking down on
The Federal Trade Commission is planning a presser for 10/6/10 at 11AM Central Time to announce a legal action against a tax relief service. The
Sinclair reports on early tender results
Sinclair Broadcast Group has succeeded in buying back the majority of the 8% senior subordinated notes due 2012 it is seeking to repurchase as...
CBS selling $600 million in new bonds
CBS Corporation is doing some reworking of its balance sheet. As it announced a tender to buy back $250 million of its outstanding debt due in 2012, it is also
Fox Sports Net adds DIRECTV
DIRECTV and Fox Sports Net (FSN), are making broadcast history through a syndication deal that enables FSN to distribute DIRECTV’s The Dan Patrick Show...
Cox scores 100% on equality index
Multimedia Cox Enterprises has received the highest score possible on the Human Rights Campaign's Corporate Equality Index, a measure on the company’s fairness to...
CBS to buy back a quarter billion dollars worth of bonds
CBS Corporation announced a cash tender for up to $250 million of two outstanding issues of notes due 2012. An early tender premium is...
Sirius XM expects peak subscriber total by year
Audio satellite service Sirius XM says it expects a net pick-up of 1.3M subscribers for 2010 as a whole, arriving at a new estimated...
New book chronicles role of women in sports media
Betsy M. Ross knows what it’s like to be a woman in the male-dominated world of sports and sports journalism, and now she has...
FTC says POM Wonderful overstates its powers
Pomegranate juice may have its attributes, but the Federal Trade Commission does not believe that they extend to “prevent or treat heart disease, prostate...
Nielsen selling a half billion bucks of new bonds
The Nielsen Company announced plans for a private placement of $500 million in new senior notes due 2018. Moody’s Investors Service said the high-yield...
Sirius XM put on S&P
That’s a good thing. A company can be put on the “CreditWatch” list at Standard & Poors in anticipation of either a downgrade or...
FEMA adopts new EAS requirements; Broadcasters worry about timing
The Department of Homeland Security's Federal Emergency Management Agency (FEMA) on Thursday adopted a new digital message format for the next generation Emergency Alert...
KUPL Portland launches Droid App
Alpha Broadcasting’s KUPL has launched its latest mobile phone app, this time for the Droid, making it the first pure listen live app for...
Newsweek sale to Sidney Harman is a done deal
The Washington Post Company says that its spin-off of iconic-yet-troubled magazine Newsweek is complete. It now belongs to billionaire Sidney Harman’s Harman Newsweek LLC....
Sen. Lisa Murkowski tackles challenges of a write-in campaign
Recent polls in Alaska suggest that incumbent, primary-losing Sen. Lisa Murkowski (R-AK) has a chance to prevail in November despite her current party-outsider status....