Cumulus Media Partners offering note exchange
The private, major market radio company run by Cumulus Media and owned in partnership with private equity funds is offering holders a swap for...
NY Times Co. sells its HQ
WQXR-FM now operates out of rented digs in New York. As part of its cash management strategy, the New York Times Company has sold...
A Fools-eye view of Sirius XM
A Motley Fool sees Sirius XM as a hurdler that keeps taking on weight, making each successive set of hurdles more difficult to get...
Class action lawyers chase GE
As one of the 20 mostly widely held US stocks, you know the class action lawyers would salivate over finding a reason to sue General Electric for alleged stock fraud. Sure enough, several of
NABOB opposes performance royalties
The National Association of Black Owned Broadcasters doesn’t think paying performance fees to musicians for songs played over the air has anything to do with fairness for the musicians in question
NABOB announces 25th Communications Awards
NABOB’s 25th Annual Communications Awards Dinner will be held March 19 at the Marriott Wardman Park Hotel in DC. This year’s honorees are: Jerry...
Hearst readies online-only Seattle P-I
The Seattle Post-Intelligencer reports that some staffers have gotten “provisional offers” from Hearst Corporation to work on an online-only version of the daily newspaper if the print P-I shuts down. Hearst has said
Collins looks at imbedding
Now that we’ve topped off lunch with some Planters cashews in the convenient 16 ounce canister size and removed it from our desk, we...
Will CBS have enough cash to avoid borrowing?
CBS Corporation executives have said that the company plans to use its cash flow to pay off all of its debt coming due through 2012. But one Wall Street
Chapter 11 for Connecticut School of Broadcasting
The radio and TV training school abruptly closed its 26 locations this week. The Connecticut School of Broadcasting says it will file...
Analyst says “sell” Cox Radio
Calling it the “best house on a bad block,” Goldman Sachs analyst Mark Wienkes issued a “sell” call on Cox Radio and a target...
Arbitron makes another foray into video
The custom research division of Arbitron announced a deal to conduct a national survey for CARE Media Networks to measure the effectiveness of its KidCARE TV, Women’s HealthCARE TV and
Any guesses what's on journalists' minds?
If you guessed the economy, Don Rickles may well award you a gherkin or something. It's no surprise that money worries dominated the Project...
On deck: NABOB Awards Dinner
It’ll mark the 25th time the National Association of Black-Owned Broadcasters has held its Communications Awards Dinner. The event will be held 3/19/09 at...
Downgrades for Belo
Both Fitch Ratings and Moody’s Investors Service have lowered their ratings on Belo Corporation’s public bonds. That follows Belo’s reworking of its bank debt,...