Sirius XM swaps more stock for bonds
In the latest swap, Sirius XM traded 45.2 million shares of its common stock for $6 million face value of its 2.5% convertible notes...
Griffin latest to goof near open mic
Comedian Kathy Griffin thought a commercial was running when she unleashed an objectionable word on a nearby heckler during CNN’s New Years telecast, which...
CBS buys first NY Times front page display ad
The New York Times has begun offering ad placements on its front page below the fold. CBS was the first to appear with a color strip ad yesterday
Reassessing prospects for CBS
Barclays Capital analyst Anthony DiClemente has been reworking his numbers for CBS Corporation. Citing the company’s exposure to “deteriorating TV advertising trends,” he’s cut his outlook for 2009 and
ESPN gets 2010 Pro Bowl
ESPN announced it will air the 2010 Pro Bowl, returning the game to cable for the first time since 2006. In 2008, it was...
77% of Americans blame media for making economic crisis worse
Seventy-seven percent of Americans believe that the U.S. media is making the economic situation worse by projecting fear into people's minds.The majority of those...
Consumers take sourness to new low
Somehow consumer confidence enjoyed a slight uptick in November, but it went away in December, according to the latest thermometer reading by economy watchdog...
USA adds 2.75M
According to the Census Bureau, the United States will enter the new year with 305,529,237 citizens, an increase of 2,743,429 over 2008’s entry tally....
Six caught in EEO dragnet
The thrust of equal employment opportunity regulations is to increase diversity in the workforce; for FCC licensees, it boils down to a matter of paperwork and record-keeping, and six companies have
Wall Street doesn’t need any help
The stock-trading community has proven that it is quite capable of seizing on domestic issues to fuel drastic loss of value. It is therefore...
LMA for newspapers
Broadcasters have been exploring innovative local market agreements for some time. Newspapers in the same market often combine forces as well. Now comes an...
Spending takes a holiday
By many accounts, Black Friday was a decent day for retailers, but according to America’s Research Group, it was just about the only decent...
CNN’s HLN picks adds Dial-Global’s Clark Howard
CNN’s HLN TV network announced that Dial-Global syndicated radio show host and money coach Clark Howard will debut a new weekend show on Saturday,...
We got 2008 about half right – now for 2009
Hey, nobody said our crystal ball was without clouds. We peered into its misty interior about this time last year and jotted down what we thought we saw
Web overtakes newspapers as source of news in survey
For the first time, more Americans are getting their news online than from traditional ink and paper. This, according to the Pew Research Center, which found that the number of consumers using the web