How about an FCC garage sale?
One of RBR/TVBR’s predictions for 2009 was that “Many broadcasting companies will trip on loan covenants in 2009. Most, though, will
Radio Industry Word Games and Clear Channel
I found this unusual on Tuesday, 1-20-09. While one man was inaugurated as this nation's 44th president, over 1,850 people were shown the door
Google to end print ads program for newspapers
Google announced it will stop its Print Ads program on 2/28 because the program to help newspapers make more money in online ad sales...
News orgs need vacuum filler
Both the intensity and novelty of the prolonged 2008 election season was a boon to broadcast news, and had a positive impact on audience...
Fiat, Chrysler strike global alliance
Fiat, Chrysler LLC and its majority owner Cerberus Capital Management, have signed a non-binding term sheet to establish a global strategic alliance. Fiat will...
Wachovia media bond analysts find little to recommend
High yield bond analysts Bishop Cheen and Davis Hebert at Wachovia Capital Markets have published a massive 2009 outlook. The document
Slim fattens the NY Times Co. coffers
Mexican billionaire Carlos Slim Helú is the white knight who’s come riding to the rescue of the Gray Lady. Two banks that his family owns have agreed to
How much was Bob Iger paid?
You may read elsewhere that the Disney CEO got $30.6 million in 2008. Unfortunately for Iger, nearly half of that was in restricted stock...
Young downgraded after skipping interest payment
Following last week’s decision by Young Broadcasting to skip its bond interest payment due January 15th, Moody’s Investors Service has lowered the company’s ratings...
Nasdaq to drop Equity Media’s stock
With Equity Media Holdings operating in chapter 11 bankruptcy, the Nasdaq Stock Market has notified the company that its common stock and warrants are...
Tribune tries to stay intact, Cubs sale imminent
The flagship Chicago Tribune says Tribune Company CEO Sam Zell is determined to keep the company’s main assets together, as well as to
Watchdog complains about NCAA beer ads
The Center for Science in the Public Interest thinks the NCAA overdoes it when it comes to allowing beer advertising during its games. It...
Favorable TV leaves for auto dealers?
The operators of cars.com say it’s early, but there just may be some indications in their crystal ball showing a return to market by...
Gannett may close Tucson daily
Yet another two newspaper town is about to become a one newspaper town. Gannett has put the Tucson Citizen on the auction block. If...
Young skips bond payment
Young Broadcasting was scheduled to pay $6.125 million in interest to bondholders January 15th, but didn’t. The company said it is in talks with...