Tribune set to name Cubs buyer
Sam Zell had been expected to name a buyer for the Chicago Cubs and Wrigley Field this week and reports were circulating late Thursday...
Zacks predicts dividend cut at Journal
Journal Communications saw its stock price decline Thursday after Zacks Investment Research predicted that the company will cut its dividend sometime this year to...
In response to Ken Dardis yesterday….
Mr. Dardis, as a former Clear Channel employee, and now the president of an advertising firm, my question to you is, "WHAT ARE YOU TALKING ABOUT
Forbes lists what’s being bought
This top ten list will be much more useful than a David Letterman effort as far as broadcast sales teams are concerned. Forbes has...
Nielsen filling its coffers
The Nielsen Company announced plans for its Nielsen Finance subsidiaries to make a private placement of $300 million in senior notes due 2014. The...
GM falls behind Toyota in annual global sales
Toyota sold more cars and trucks last year than GM, stripping the automaker of the # 1 global sales spot for the first time...
Powder scare at WSJ
News Corporation’s Wall Street Journal reports that 13 envelopes containing an unidentified white powder were received Wednesday at its New York offices. Police are...
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...