Investment banker: TV stocks appear undervalued
Media investment bank M.C. Alcamo & Co. is out with its review of multiples in the TV sector as of the end of Q3....
CBS Corporation announces tender pricing
Based on the price of reference US Treasury securities, CBS Corporation announced the price it is offering for the two bond issues it is...
Moody
The sluggishness of the US economic recovery has prompted Moody
The Ellman Companies buys all of Clear Channel Branded Cities
Clear Channel Outdoor and The Ellman Companies announced Ellman has acquired all of Clear Channel’s majority interest in Clear Channel Branded Cities, a landmark...
Spending surges on US Senate, House races
Wesleyan Media Project and Kantar Media/CMAG are keeping track of political spending, and they have found a major surge in the five weeks beginning...
Lee Abrams resigns from Tribune Company
Lee Abrams has resigned from Tribune Company, where he had been Chief Innovation Officer. Abrams had been suspended by CEO Randy Michaels after he...
Journal Communications reworks its retirement plans
Journal Communications is one of the rare US companies that still has a defined benefit retirement plan. That will no longer be the case...
Analyst predicts big growth in OTT
The debate continues over whether large numbers of Americans will
Radio stations and their communities need EMAs
The ongoing buzz about the released Common Alerting Protocol (CAP) and its use with the Emergency Alert System with the FEMA acceptance of CAP
Fund-raiser-in-chief for Karl Rove: Barack Obama
American Crossroads, a political organization put together by former George W. Bush operatives Karl Rove and Ed Gillespie, has come under attack by Democrats for a number of reasons, and the attacks were led by President Barack Obama
Nielsen raises three-quarters of a billion bucks
The red hot bond market greeted The Nielsen Company with open arms as the broadcast ratings and consumer research company sold an issue of...
Huge Wall Street embrace for Sirius XM bond offering
There’s still more evidence that the Wall Street bond market is wide, wide open for broadcasters. Sirius XM went in seeking $550 million. It...
Entercom taps Strutta for online contesting
Entercom and Strutta.com Media Inc. have partnered to provide contest marketing solutions to Entercom’s network of 110 radio stations. Utilizing the Strutta contest platform,...
Sirius XM doing some more balance sheet work
The heavy lifting was done last year, when Sirius XM escaped having to go Chapter 11, but there’s still work to be done on...
Lee Abrams suspended at Tribune for racy memo
Just days after a front page article in the New York Times accused Tribune Company of having a