Clear Channel bids to buy back debt
Clear Channel Communications has announced a tender offer to buy back a pile of its debt – at deeply discounted prices. The tender covers...
Sinclair partner gets reprieve
Cunningham Broadcasting, which owns six stations LMA’d by Sinclair Broadcast Group, has gotten an extension on its senior loan, which had been due on...
In response to Dionne Warwick
I have little sympathy for the so-called 'struggling artists' that Ms. Warwick speaks of, when the very people the Performance Royalty Act would hit...
Previewing Q2 earnings at CBS
Lots of broadcasting companies are reporting their Q2 results this week, but Wall Street is likely to focus most closely on the report Thursday by CBS Corporation, the biggest of the pure-play
Broadcasting & Cable back on the auction block
Having failed to find a buyer last year for its entire Reed Business Information (RBI) division, Reed Elsevier has now put many of the...
Media Networks least weak point for Disney
Fiscal Q3 (April-June) revenues were down in every business unit for the Walt Disney Company, so the 2% drop for the Media Networks division...
Mediabrands launches branded entertainment unit
Nick Brien, President and CEO Mediabrands, the media management unit of IPG, announced the appointment of Scott Donaton, former Entertainment Weekly Publisher, to lead...
Bonneville announces cost-cutting measures
With no public stock and a private owner with a very long horizon (The Mormon Church), Bonneville International has long been regarded as one...
Cablevision spinning off MSG
The board of directors at cable MSO Cablevision has given the thumbs-up for a spin-off of the company’s Madison Square Garden (MSG) businesses to shareholders as a separate, publicly traded
Don’t text and drive
Sen. Charles Schumer (D-NY) is one of a quartet of Democrats introducing a bill threatening to withhold hundreds of millions of dollars in highway...
We’d rather the Prez ignores Rather
Former CBS anchor and present HDNet reporter Dan Rather called on President Obama to step in and help the press get through its current...
Presidential product placement
The Obama beer bash in the aftermath of the Henry Louis Gates incident has turned into an unplanned demonstration of the power of product placement, giving free air time to four lucky brews
Lincoln Financial Group drops to a loss
Insurance and radio company (and very little of the latter) Lincoln Financial Group reported a Q2 loss of $161 million, vs. net income of...
Dan Patrick to debut on DIRECTV
Syndicated sports talker Dan Patrick will bring his game to DIRECTV’s The 101 Network with a new TV show, premiering 8/3, based on his...
Music Choice brings channels to CruiseCast line-up
Music Choice, the multi-platform video and music network, has signed a carriage agreement with RaySat Broadcasting Corporation to offer 20 of its music channels...