Westwood selling some stock
As predicted last week by RBR/TVBR, Westwood One has filed to sell $50 million of stock. Some of the shares will be newly minted,...
Broadcasters and bankers are in this together
Like it or not, broadcasters who are trying to deal with the worst ad recession ever seen are joined at the hip to their lenders, who are also in a world of hurt
Sirius XM sets $350 million bond sale
With the corporate bond market showing signs of improvement, the XM subsidiary of Sirius XM is stepping up to claim some cash. It is...
CBS CFO Reynolds sets retirement
After 15 years at the company, dating back to Westinghouse, Fred Reynolds has announced plans to retire as Executive Vice President and CFO of...
Obama meets with press today
President Barack Obama continues his habit of maintain high visibility with another media event – a formal news conference where he will answer reporters’...
Recession fuels auto insurance direct marketing
Even as advertising and marketing budgets shrink across the board, auto insurers continue sending out a steady stream of marketing direct mail offers. Mintel...
Cash for Clunkers clears Senate
Next stop – the White House, where President Obama is expected to endorse the handiwork of Congress and make the CARS bill, better know...
More sound advice on downturn advertising
Did you know that there is an accounts receivable management industry out there? WE guess pretty much every aspect of a business that can...
Reader’s Digest goes multi-platform
The iconic magazine title is restructuring and launching a new suite of products under the “Reader’s Digest Version” banner. New digital products are being...
Pure-play groups most impacted by dealer closings
Wachovia Capital Markets analyst Marci Ryvicker says Citadel in radio and LIN in television are the publicly traded broadcasters with the most revenue
P1 Selling partners with Illinois Broadcast Association
P1 Selling, a company that provides rapid-deployment online sales training solutions to the broadcast industry, has partnered with the Illinois Broadcasters Association. P1 will...
Lincoln sells a half billion in bonds
Lincoln National Corporation announced pricing of the $500 million issue of 10-year notes offered as part of its $2 billion in recently announced financial...
Somebody’s learning from record labels
New devices such as Amazon’s Kindle and Sony’s Reader have opened the wide world of digital to the book publishing industry. It is bracing...
Indecency tales
The big indecency fines generally go exclusively to broadcasters, but that doesn’t mean other media are able to completely avoid the topic. A Calvin Klein billboard in New York City is getting a lot of
Is economy turning around?
A lot of economic experts are warning that the recovery from the epic financial implosion that went into full blossom last fall will be slow. But there are unmistakable signs that consumers are