Newspapers finally reducing churn
Even though total circulation has fallen significantly over the same period, research by the Newspaper Association of America (NAA) finds that its members have gotten better at reducing subscriber churn
Cox completes its newspaper divestitures
Cox Enterprises has found a buyer for the Longview News-Journal and The Marshall News Messenger. The two Texas dailies were the last of the...
Gray and Entravision back in NYSE’s good graces
It appears two broadcasters no longer have to worry about delisting of their stock. Gray Television and Entravision saw their stock prices move back...
You Tube, Warner Music come to terms
YouTube and Warner Music Group have reached an agreement that will return the label's music to the video-sharing site. The multi-year deal gives viewers...
Plenty of takers for new Gannett bonds
What was to have been $400 million in bond sales by newspaper giant (and TV group owner) Gannett Company expanded to a cool half...
Giants of Broadcasting honored today
The Library of American Broadcasting Foundation today (10/1) honors its 2009 Giants of Broadcasting at an awards luncheon in New York.The Giants of Broadcasting...
Earnings restated at Mega Media Group
The independent auditor for Mega Media Group informed the company and the audit committee of its board of directors that financial statements for the first half of 2008 should not be relied upon
Penske calls off talks to buy Saturn
Penske Automotive Group has broken off talks with General Motors to buy its Saturn brand. In a statement, Penske said it became concerned about...
Media in general agreement on top stories
In a stunning display of uniformity, all five of the media categories covered by the Project for Excellence in Journalism during the week of...
Ownership rules on the docket
Even though the last ownership rule review, the one kicked off by Michael Powell in the Fall of 2002, has never really been resolved, the FCC is obliged to kick off the next one, scheduled for release
Gannett says it will beat Q3 expectations
Gannett shares shot up 17.6% Tuesday after the company said it would post Q3 earnings per share (EPS) of at least 39 cents –...
Media brokers elect officers
Jody McCoy, Director of Media Services Group, was elected to serve a two-year term as President of the National Association of Media Brokers (NAMB)...
Consumer confidence shifts into reverse
After three months of improvement, the Conference Board’s Consumer Confidence Index dropped from its August level, surprising analysts who were expecting the upward trend...
CNN launches interactive news app
CNN announced the availability of its CNN App on the App Store. The CNN iPhone App is purpose-built and designed to provide a visually-driven...
Analyst turns bullish on Viacom
Barclays Capital analyst Anthony DiClemente says ratings are looking better for Viacom’s cable networks and the stock is trading at a discount to its media peers. So, he’s raised his price target and renewed