Prime action at MNF halftime
Hopefully there will not be any costume reveals or any other such shenanigans – or perhaps hopefully there will be, if it can change...
More conversion by Sirius XM
Sirius XM is again swapping stock for bonds. The satellite radio company says it has agreed to exchange 65,193,000 shares of stock for $19.5...
SBS reduces debt a bit
Spanish Broadcasting System announced a letter agreement with BC Media Funding Company to buy back a non-interest bearing promissory note due in January for...
Bean counters on edge
A new survey out from Financial Executives International (FEI) and BaruchCollege's Zicklin School of Business finds a decided lack of optimism among the nation’s...
Analyst: Severe ad recession is unavoidable
“A deeper, wider, and more severe slump is upon us, pressured by discontinuous auto and retail marketing, and lapsing business investment,” says Lee Westerfield at BMO Capital Markets
Redstone reiterates no sale
Chairman Sumner Redstone began CBS’ quarterly conference call by reviewing how his family company, National Amusements Inc. (NAI), had sold $233 million of CBS and Viacom stock to shore up
Belo reworks its debt
Belo Corporation announced that it had drawn $364 million under its revolving credit facility. The funds will be used to retire $350 million in...
Young movie-goers look online
Want to go see a movie? Perhaps you’ll check the newspaper or magazine movie reviews. Not if you’re 15-24. Yes, TV is a big...
Copps sees no return of Fairness
Many close observers of Washington, particular those who are or admire conservative radio Talkers, suspect that a Democratic attempt to revive the Fairness Doctrine is afoot. Not so, said Michael Copps
V-me, Grupo Latino de Radio join for Election Eve coverage
V-me, America’s fastest growing Spanish TV network, has joined forces with the Grupo Latino de Radio (GLR) Spanish language radio group, for live primetime...
Dems pressing hard for 60 Senate seats
In the final days, look for a hot spending in a number of states where competitive races are being run, or where wishful thinking...
WideOrbit raises cash
Media revenue management systems company WideOrbit has raised $10 million in expansion funding. The company says the funding round was led by Mayfield Fund,...
Sinclair update is upbeat
Sinclair Broadcast Group has updated its guidance to Wall Street, noting that some last minute unexpected political ad buys have improved its revenue outlook...
Running out of election to cover
But that didn't stop the media from keeping the lasers trained on Obama and McCain during the week of 10/20/08-10-26-08, according to the latest...
Martin on the Inside the Beltway off-ramp?
A new look at the immediate future of the FCC suggests that no matter who prevails next Tuesday, Barack Obama or John McCain, current...