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
Morris Publishing comes to terms with its bondholders
Following numerous extensions of past-due interest payments, Morris Publishing has now come to terms with the overwhelming majority of its bondholders on a debt...
Dish Network closes expanded debt offering
The credit markets are clearly improving for media companies. Dish Network increased its $300 million bond offering to $400 million and found plenty of...
Knight to focus daylight on info challenge
With a troubled economy and internet-spawned turmoil creating havoc for the business models of traditional journalism, the Knight Commission is seeking answers going forward....
NY Times launches “TimesTalks LIVE”
TimesTalks LIVE streams broadcasts of intimate discussions with today’s top talents and thinkers from TheTimesCenter. The simulcasts will be transmitted live, in HD via...
Glick sees brighter days for the US economy
Fox Business Channel “Money for Breakfast” anchor and Fox Vice President of Business News Alexis Glick was invited to talk to broadcasters Friday at...