Class action lawyers target CBS
At least three purported class action lawsuits have been filed against CBS Corporation. All claim the company misled investors before it announced in October that it would take a $14 billion impairment charge
Channel M launches in-store network for Money Mart Stores
Channel M, producer of customized in-store TV networks, announced that through its Money Mart branded stores, Dollar Financial Group, an international financial services company...
Winterize your account ledger
A local insurance group recently sent out a press release advising homeowners of the need to take quick action in the event of severe...
Detroit papers may end daily delivery
Is a newspaper really daily if it is only delivered to subscribers three days a week? The JOA that operates the Detroit News and Detroit Free Press is expected to make a big announcement today and one option under consideration is
Emmis suspends preferred dividend
Given the tough economy, broadcasters and others are looking for ways to conserve cash. Emmis Communications announced that it will not make the January...
Don’t let Old Man Potter get you
Or old man Procter and his friend Gamble, either for that matter. Just as Henry F. Potter tried to use the onset of the...
Scully a Hall of Famer
Celebrated sportscaster Vin Scully will be inducted into the NAB Broadcasting Hall of Fame during the NAB Show Radio Luncheon, held Tuesday, April 21...
Not too late to lure shoppers
The latest Rasmussen survey of the progress of American holiday shoppers shows that a mere 22% of them have completed the task. And here’s...
Univision gets a downgrade
Moody’s Investors Service says the weak advertising market is putting pressure on revenues and cash flow for Univision. The company’s ratings have been downgraded and Moody’s says
Tribune paychecks to go out
Tribune Company says the federal bankruptcy judge handing its Chapter 11 cases has approved the “first-day motions” submitted with its bankruptcy filing. That means...
Oh no! 2008 extended
If you’re like us, you are good and ready to put the year 2008 into the history books and get on with the process...
Future of journalism?
Newspapers are still a major primary source of news and information, but their business model has been put into distress, largely due to the...
Reed Elsevier calls off biz pub sale
After 10 months of shopping Reed Business Information (RBI), Reed Elsevier has pulled the business publications unit off the auction block. With pricing about half what had been expected back in February
We Don't Need No Steenking Bail-out!!!
In the interest of full disclosure: At the advent of the so-called 2000 Tech-Wreck my partners and I decided to monetize our equity in...
Boyle on the beach
Jim Boyle is the latest broadcasting/entertainment/media analyst to be sent packing in a Wall Street cost-cutting move. CL King & Associates has told the...