Circuit City goes Chapter 11
And a major retailer takes a hit from the recession/depression: Circuit City Stores has filed a voluntary petition for reorganization relief under Chapter 11...
The unfairness of a doctrine
A reader points out why nobody should want the Fairness Doctrine to come back to life. If we really need a Fairness Doctrine, shouldn't we have one that's really fair? Was ABC-TV's Boston
What will radio look like…..AFTER THE CUTS?
Never before has there been so much opportunity for radio than there is today. We have so much going for us, but in order for radio to succeed in the
Salem joins industry in red ink category
The unusual business model of religious specialist Salem Communications was not enough to entirely mitigate the effects of the current economy, leading to a...
Gray put on notice
The New York Stock Exchange has taken notice of the fact that shares of Gray Television have been below $1 for over 30 trading...
Fitch sees severe global recession in 2009
The credit ratings agency expects the world’s major economies to experience next year the steepest decline in GDP since World War II. In aggregate,...
Disney managed to boost revenues
In the face of a tough economy, the Walt Disney Company still managed to increase revenues 6% to $9.45 billion in its fiscal Q4...
DG FastChannel Q3 revenues up 65%
DG FastChannel, provider of digital media services to the advertising, entertainment and broadcast industries, reported record financial Q3 results with revenue of $41.4 million...
Regent claims decent 3Q
In the face of the well-known headwinds shivering the radio business in particular and the economy in general, executives at Regent Communications believe that...
First black president; now how about some journalists?
The National Association of Black Journalists notes that the citizens of the United States “were able to put race on the backburner long enough...
Mega TV the star at SBS
Television is still a small part of Spanish Broadcasting System, but CEO Raúl Alarcón kicked off his quarterly conference call by focusing on the...
Golden Mike honorees
The Broadcasters Foundation of America has named as its 2009 recipients of the Golden Mike Award the people behind Greater Media, CEO Peter Smyth...
Entravision looks to recovery to come
Q3 revenues fell 5% to $61 million for Spanish radio and TV specialist Entravision and EBITDA was down 16% to $21.1 million. Television revenues...
Liberman ratings affirmed…but
Moody’s Investors Service has affirmed its ratings on nearly a half billion dollars of debt at LBI Media, the parent company of Liberman Broadcasting....
Beasley revenue decreases but margins improve
3Q revenue was 8.2% lower in 2008 than during the same period in 2007, down $2.7M to $30.6M, but belt tightening and reduced credit...