Retransmission, tighter belt take Entravision into the black
Hispanic broadcast group Entravision experienced a 3% overall gain in net revenue during the first quarter of 2010, bringing home $43.1M compared to $41.7M...
Economy rules the news, with wildcards filling the margins
All five of the media followed by the Project for Excellence in Journalism agreed that the economic crisis was by far the number one...
NBC Universal sold $4 billion in senior notes
In a move related to its pending merger with Comcast, NBC Universal priced an offering of $4 billion aggregate principal amount of senior unsecured notes. The bond sale was announced by NBCU’s current
Fisher Q1 Television up 31%; net loss narrows
Fisher Communications’ Q1 results were encouraging – with revenues of $35.3 million, an increase of $6.8 million, or 24%, compared to Q1 2009. The...
Allbritton raises $455 million
Allbritton Communications recently sold $455 million of 8% senior notes due 2018 in a private placement led by Deutsche Bank Securities and Banc of...
Ad revenues and profits grow at Viacom
Q1 revenues were down 4% at Viacom to $2.77 billion, with a drop in movie revenues more than offsetting gains in advertising and fees....
NRSC leader jumps into the Charile Crist refund line
With Charlie Crist’s announcement Thursday of an independent run for the open US Senate seat for the state of Florida, news is out that...
Sirius XM to retire some debt
The balance sheet at Sirius XM continues to improve, with the company announcing that it will buy back nearly $114 million of debt. The...
Moody’s raises Cumulus Media to “stable”
Moody’s Investors Service isn’t changing its debt ratings for Cumulus Media, but has affirmed them. More importantly, the ratings service has changed its outlook...
Fast food restaurants face kid’s meal restrictions in California county
Another front has opened on the battle against childhood obesity, in Santa Clara County CA, home of Silicon Valley. The county council there has...
Lenders win bidding for Philadelphia newspapers
The bankruptcy court-ordered auction of Philadelphia Newspapers LLC is complete. The senior lenders won the bidding to acquire the company which owns the Philadelphia...
No sale for Honolulu newspaper
The Honolulu Star-Bulletin will not be sold, but rather consolidated into the Honolulu Advertiser. The US Department of Justice allowed the merger, after deciding...
MTV streaming Gorillaz London concert
This Friday, MTV is teaming up with the multi-platinum super-group Gorillaz to present music fans worldwide with a front row seat to experience an exclusive online live stream of Gorillaz’s sold-out concert at the Roundhouse in London
Crist won’t get free passage out of the Republican Party
Florida Governor Charlie Crist is in the midst of what looks like a losing primary campaign to be the Republican nominee for US Senate...
AirKast, Salem Communications launch 57 mobile station apps
Mobile AirKast, provider of digital content and advertising solutions, and Salem Communications have launched 57 radio station mobile apps designed for listeners with either...