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...
Q2 brought “steady and real” improvement at CBS
“In every part of the media landscape, CBS content is at the top of its game – and by the way, content is king,”...
LIN moves ahead with caution
Like most companies in the advertising business, LIN Television watched its Q2 2009 net revenues plummet, taking a -20% hit over the same period...
Reid ties Republicans to talk shows
“It's a party being run by a talk show host." That’s Senate Majority Leader Harry Reid’s (D-NV) take on the Republican Party. He was...
DG FastChannel reports Q2 results
DG FastChannel, provider of digital media services to the advertising, entertainment and broadcast industries, reported record Q2 financial results. Consolidated revenue for Q2 was...
Charlie Rose goes global on Bloomberg
Starting in September, Charlie Rose, the nightly in-depth conversation show, will reach audiences across the globe via Bloomberg's multimedia platforms. Rose, which airs on...
Wide Orbit and ScottENCO
With the recent entry of Wide Orbit into radio Automation, and the recent departure of Google from same, there have been a number of self-serving releases from both parties, and while that is to be expected, what hasn’t been expected was
Fisher Q2 Television down 26%; Radio down 49%
Fisher Communications’ Q2 revenue was $32.0 million, compared to $45.7 million in Q2 2008, a decrease of $13.7 million, or 30%. Television revenue was...
News Corp. closes the books on a down year
A year of reduced operating income is a rare thing for News Corporation and the company is predicting future growth after seeing operating income...
Entravision sinks with everyone else
Q2 net revenue shrunk -23% at Hispanic radio and television group Entravision, mirroring results seen lately at mainstream broadcast companies. The decline was based...
Tap TARP to weather economic storm
Inner City Broadcasting head Pierre Sutton took to the pages of the New York Daily News recently to ask for presidential intervention in favor of troubled minority broadcasters. Hit by