Icahn boosts Lionsgate stake to 32%
Only 13% of all Lionsgate Entertainment shares were tendered for billionaire Carl Icahn’s $7 per share offer, but that will boost Icahn’s stake to...
Radio One doing refi and upping TV One stake
Radio One announced a multi-layered refinancing deal which will cover just about all of its existing debt and also allow the company to increase...
NAB Boards elect their chairs
Steve Newberry, CEO of Commonwealth Broadcasting, has been elected to a second term as Chairman of the NAB Joint Board. The TV Board chair...
59 news organizations win National Edward R. Murrow Awards
The Radio Television Digital News Association (RTDNA) has announced the 2010 National Edward R. Murrow Award winners. In all, 59 news organizations received the...
Lincoln Financial Group prices stock and bond offerings
Wall Street was quite receptive to the stock and bond offerings to raise cash for Lincoln Financial Group to repay the US Treasury and exit the TARP program. The insurance/radio (the latter being rather small) company easily raised $1.085 billion
Rasmussen: America is mad at the media
Almost two thirds of those polled by Rasmussen Reports – 66% -- say they are at least somewhat angry at the media. Only 31%...
Nexstar and Media General joining Russell 3000 Index
Two television stocks are among the numerous additions announced for the Russell 3000 Index, a highly regarded barometer of small cap stocks. Nexstar and...
Advertising rebounds, recovery remains fragile
While there are signs of a rebound, advertising revenues remain fragile in nature and spending is unlikely to return to former levels, says the annual "Global
Republican House incumbents help build NRCC warchest
The leaders of the National Republican Congressional Committee find two positives in the $5.87M in pledges it received from 149 members of the Republican...
Salem acquires tangle.com and GodTube.com
Salem Web Network, the online division of radio broadcaster Salem Communications, announced that it has acquired Christian content and community websites tangle.com and GodTube.com.tangle.com...
WideOrbit partners with DAS for streamlined EAS automation
Digital Alert Systems, a division of Monroe Electronics and provider of enhanced EAS systems, has partnered with WideOrbit, provider of business management software for...
News Corp. buys Skiff, part of Journalism Online
More moves toward shoring up News Corp.’s plans for paid content walls: The media empire has bought the Skiff e-reading platform developed by Hearst...
NABEF announces collegiate service winners
The NAB Education Foundation (NABEF) announced the winners of the Call to Service Collegiate Competition, sponsored by NABEF and the McCormick Foundation. The competition...
DCCC adds 11 candidates to Red to Blue program
The Republican Party has been the one notably playing offense on this election cycle, but that isn’t stopping Democrats from targeting a few races...
Business highlights from the 2010 Stanley Cup Playoffs
Blackhawks Victory Fuels Sales Record for Shop.NHL.com; In-Arena Sales Up 129% For Final. Stanley Cup Snares Five Top 20 Searches on Google. "Right now the NHL can seemingly do no wrong