DiClemente becomes a bull
Barclay’s Capital analyst Anthony DiClemente has turned at least a bit bullish on media stocks, upgrading his sector view and raising his estimates for several of the companies he follows. He even added
Another newspaper bites the dust
Gannett failed to find a buyer for the Tucson Citizen, so Saturday’s issue was the last for the afternoon daily. That will leave Tucson as a one newspaper town. “Dramatic changes in our industry combined
Nielsen revenues fell 7% in Q1
Top line revenues for The Nielsen Company were $1.13 billion, which was a 7% decline on a reported basis – but, a 1% increase if you adjust for currency fluctuations. The media measurement
NYS Broadcasters set "Digital Leadership Academy"
New York State Broadcasters Association, Inc.'s (NYSBA) 1st annual "Digital Media Leadership Academy" — a new initiative designed to help local radio and TV...
New model needed for recording companies?
Despite all effort to the contrary, the legal sale of downloaded music remains the small end of the market, with the lion’s share of business going to illegal P2P sites. Is it time for the conglomerates
Strong dollar flattens Wal-Mart
Retail behemoth Wal-Mart reported flat earnings for the first quarter of 2009, but given that in this economy, flat is the new double-digit gain,...
LBI focused on new TV net, despite Q1 decline
Q1 net revenues declined 17.4% to $21.8 million for LBI Media (Liberman Broadcasting). Both radio and TV ad revenues were down, but the company...
P1 Selling adapts to broadcasters’ needs during recession
P1 Selling, a company that provides rapid-deployment online sales training solutions to the broadcast industry, has passed the 1,000 user mark on its network....
News orgs spreading the focus around
The media's journalists are spreading the wealth when it comes to attention these days, thanks to the lack of a single overriding story.The elections...
Karmazin gives up Sirius XM options
With the company’s stock trading at less than 40 cents, the options at an exercise price of $4.72 per share weren’t worth much, if...
Midway creditors take aim at Redstone
Unsecured creditors of Midway Games have asked a federal bankruptcy court to take a look at whether Sumner Redstone and his National Amusements Inc....
Cheerios under fire for health claims
The Food and Drug Administration may not have a problem with General Mills’ use of whole grain oats in its popular breakfast cereal Cheerios,...
Royalty Bill Passes House Committee
Being the minority business owner of One Ten Broadcast Group, three small market radio stations, I was disappointed in the decision of The House Judiciary Committee earlier [yesterday] morning. I would like to know where the
Stop the Royalty Bandwagon by changing the discussion
Try this one on for size regarding the performance royalty issue. How about if we in radio just say yes, hell yes-- we'll pay some sort of Royalty Fee to the artists
College to honor Abernethy, O’Shaughnessy
Mount Saint Mary College in Newburgh, NY will hold its 46th annual Commencement ceremony at 1 p.m. Saturday (May 16) outdoors under a tent...