Equity watchdog sees tough 2009
Private equity firm Veronis Suhler Stevenson (VSS) expected at one time that the media and communications industries would enjoy growth of about 4.9% in...
Big investor sticks with Clear Channel
Shares of CC Media Holdings are now worth only a tiny fraction of the $36 per share that sellers got for cashing out of Clear Channel Communications
Stimulus effects slow to take hold
A major concern about the economic stimulus package is how much of it is shovel-ready, and how long it will take to get the...
NAB Show details engineering keynote, winners
The NAB Show's Broadcast Engineering Conference will feature an opening keynote by Gary Arlen, president of Arlen Communications, as well as the presentation of...
S&P downgrades CC Media
Standard and Poor's Ratings Services said it is worried about the ability of CC Media Holdings, the parent company of Clear Channel Communications, to...
NY Times Company suspends dividend
The Gray Lady is the latest to close her purse to conserve cash as ad revenues plummet. The New York Times Company voted Thursday...
Tough times at Scripps
A day after informing employees of pay cuts for senior management, a pension plan freeze and suspension of the company’s 401(k) plan match, E.W....
Consumers: Global economy wants you
Peter T. Leach, Senior Editor of the Journal of Commerce, believes the cure for what ails the wheezing global economy is confidence among consumers...
CBS’s diminished dividend a surprise
Just about everybody expected CBS cut its dividends, but reducing quarterly checks to shareholders by about 80% seemed to catch most analysts by surprise
Radio One committed to buying out its TV One partners
Despite the financial challenges of 2009, Radio One CEO Alfred Liggins is upbeat on TV One, which as a five-year-old start up cable net is still growing revenues. Late this year Radio One is supposed to
On RBR….from our new engineering readers
Good Morning RBR: You sent my first edition today and it was a pleasure to read, broadcaster to broadcaster. You tell it like it is and I appreciate that, especially in today’s hyped-up market
Station operating income up for Radio One
Radio One CEO Alfred Liggins conducts his conference call with analysts this morning, but the company put out its Q4 numbers Wednesday evening. Compared...
Salem gives preview of down quarter
Salem Communications won’t release its complete report until March 12th, but it gave Wall Street a heads up Wednesday that Q4 revenue will be...
Business is good for Comcast
The cable giant reported that Q4 pro forma revenues increased 7% to $8.2 billion and operating cash flow also increased 7% to $3.2 billion....
Promoters of economic crisis exposed
You may have thought that there were many key factors contributing to the creation of the current economic crisis that is facing the entire...