Moody’s taking wait and see attitude on Sinclair
Moody’s Investors Service says its debt ratings for Sinclair Broadcast Group remain on review for a possible downgrade, following the company’s announced deal with a note holders group
Creative Loafing chain sold out of bankruptcy
Atalaya Capital Management outbid the founding Eason family at a bankruptcy court auction of the alternative newspapers in the Creative Loafing chain. But while...
Clunkers: The aftermath
The Cash for Clunkers program was nothing if not surprising. It was surprising enough that anything that had to go through Congress had such
Watchdog says teens seeing more cable alcohol ads
The Center on Alcohol Marketing and Youths studied ad placement on cable programming from 2001 through 2006 and found that that ads for beer and other potent potables was reaching a greater
Outcast signs CBS, CNET, HGTV for content
Outcast (formerly Fuelcast), a digital out-of-home media provider, announced new partnerships with providers including CBS, CNET and HGTV. The lineup is part of Outcast’s...
Liberty sticks with Sirius XM
Sirius XM completed its sale of $257 million in 9.75% senior secured notes due 2015, with the proceeds used to repay a $250 million...
Cable, radio agree: Health is #1
The health care debate was the second ranked story for newspaper and online editors, but it was the tunnel-vision #1 for cable and radio...
Advertisers and free speech
The right and freedom granted by the First Amendment as "Freedom of Speech" does not demean the right to advertise or not on that which, by freedom of choice, we do not wish to be
Political business quiet but not dormant
A candidate in the odd-year 2009 race for Governor of Virginia has provided a perfect example of how radio can be an effective political...
Cash for Clunkers Jr.: A sequel of sorts
Another piece of stimulus is being aimed at retailers (and manufacturers), and that should be good news for broadcasters. Coming later this fall: A $300M government program to encourage the sale
Atlanta honors its radio and TV ad stars
Some names you know are among those honored with 2009 Lifetime Achievement Awards by the Atlanta Broadcast Advertising Club (ABAC). In fact, you may...
Westwood One moving on stock sale
Now that the 1-for-200 reverse split has been completed, Westwood One has filed an update for its proposed sale of $50 million in stock....
Stanley Kaplan dead at 90
Stanley Kaplan wasn’t a media mogul, but the company he created, indeed the industry he pioneered, is now the biggest revenue and profit generator...
Shareholders meeting delayed by Radio One
Perhaps we should say the meeting has been delayed by the US Securities and Exchange Commission. Radio One says it has to delay the meeting to respond to questions from the SEC
Reader’s Digest files Chapter 11
As previewed last week, Reader’s Digest Association on Monday filed a pre-packaged Chapter 11 petition for bankruptcy reorganization. Its lenders have agreed to provide...