MMTC reasserts nondiscrimination in ad sales contracts
David Honig, President and Executive Director of the Minority Media and Telecommunications Council, fired off a letter to FCC Chair Julius Genachowski Regarding its July 15, 2008 request that the
Mega Media Group files Chapter 11
Less than a month after saying it had gotten a reprieve from major creditors, Mega Media Group has filed for Chapter 11 bankruptcy protection....
In response to ScottENCO comments….
We noticed the posting “WideOrbit and ScottENCO” after WideOrbit officially announced the acquisition of Google Radio Automation. We have made no comments regarding ScottEnco at any point in time prior to this email
Ira Apple dead at 74
Ira Apple, a broadcaster for well over 50 years, died Tuesday at a hospice facility in Reisterstown, MD. Apple had suffered a series of...
VCI Solutions CEO launches new blog
Revenue management solutions provider VCI Solutions has launched a new blog entitled ‘VISION of the Media Evolution’ by CEO Sarah Foss (http://vcisolutions.typepad.com/vision/). Sarah has...
Publicis Groupe to acquire Razorfish
Publicis Groupe and Microsoft jointly announced Publicis Groupe will acquire digital marketing agency Razorfish in a transaction valued at $530 million. In addition, they’ve...
Imus soon to sign with Fox Business Network
Well, since FBN sent us this L.A. Times article, we’re thinking this is all but a done deal: “Fox Business is in talks with shock jock Don Imus about
Gores brother eying Boston Globe
Members of the Gores family apparently see future value in media properties. Alec Gores’ private equity firm, The Gores Group, already owns Westwood One....
CEOs pessimism returning, consumers not so much
Chief Executive magazine found less confidence in the economy from its corner office clientele for the month of July. The overall index plummeted from...
Clunkers gassed back up
The unamended House version of the Cash for Clunkers program easily made it through the Senate by a 60-37 vote, and has already been...
Sotomayor ceremony 1st on TV
Television cameras were rolling and mics were hot when Sonia Sotomayor was sworn in to sit on the Supreme Court last weekend. It was...
CIT Group draws credit line, stops dividends
Business lender CIT Group says it has completely drawn its $3 billion credit line as it works to restructure. The company also called a...
Cox takes Austin paper off the auction block
Cox Enterprises, which has recently sold a number of its newspapers, has decided to hold onto the Austin American-Statesman. There were a number of...
More Cash for Clunkers
The US Senate late Thursday passed 60-39 a bill authorizing $2 billion more for the popular government program referred to as “Cash for Clunkers,”...
Salem’s Q2 revenues down less than 13%
Compared to many other broadcasters, that’s a good number. Q2 revenues were down 12.8% and Salem Communications is projecting that it will do about...