Can radio come back – Again?
Radio has a great comeback history. We proved gurus who once predicted the growth of TV would kill radio were wrong. Today’s gurus are making the same kind of predictions about radio
Sinclair gives Wall Street the jitters
Sinclair Broadcast Group saw its stock drop 20.7% on Monday after the company said in an SEC filing that it has not been able to come to terms with holders of its convertible bonds. The company also
“For Sale” sign hung on BusinessWeek
The McGraw-Hill Companies confirmed Monday that it is “exploring strategic options” for BusinessWeek magazine – which means that it is for sale. BusinessWeek is...
Minority broadcasters appeal to Geithner
Warning that “minority-owned broadcasters are close to becoming an extinct species,” a group of prominent Hispanic and Black broadcasters have appealed to US Treasury Secretary Timothy
Magna forecaster sees very slow growth for ad spend
The first half of 2009 is likely to be the worst period of this recession, but the inaugural forecast by Magna Director of Global Forecasting Brian Wieser sees only
CIT struggles to survive
CIT Group, whose commercial loan portfolio includes a number of radio and television broadcasters, says it is in negotiations with regulators on measures to improve its near-term liquidity
Economic recovery: V, U or new?
Former Secretary or Labor Robert Reich says that there are two schools of thought on how the recovery will work. One expects it to...
GM exits bankruptcy
The Detroit News reports GM’s good assets exited bankruptcy at 6:30 a.m. Friday morning. The new company, which emerged after a 41-day stay in...
Looks like the end is near for FM as we know it
Regarding “iBiquity Digital urges FCC to immediately allow FM power increase”, I note RBR has stepped up about 3 notches in information and reporting during the recent world economic
Wieser set to issue first forecast
As successor to Bob Coen, Magna Director of Global Forecasting Brian Wieser is set to issue his first advertising forecast today. Wieser said
SJ noncom elects to go solo
Budget problems have forced KCSM-TV San Mateo CA to sever its relationship with PBS, costing it access to primetime programming but saving it $400K....
MJ eclipses economy, TV eclipses CATV
The death of Michael Jackson and all the events surrounding it is just the kind of story that seems to be irresistible to the...
CEO confidence assessment confirmed
A recent study of CEO opinion on the economy conducted on a monthly basis found a weak present coupled with expectations of an improving...
CEO confidence backslides in June
With a score of 100 indicating business conditions that are neither particularly good nor bad, CEOs posted an overall economic rating of 74.3 in...
British medicos want alcohol ad ban
Citing statistics showing one in four adults drinking too much and far too many children drinking to the point of drunkenness, a British medical...