SBS to honor late founder
Spanish Broadcasting System announced that WRMA-FM “Romance 106.7 FM” Miami and Mega TV will celebrate SBS’ 25th anniversary and pay tribute to SBS’ founder...
TV Guide price revealed
We now know how much a private equity firm paid to take TV Guide Magazine off the hands of Macrovision. Here’s a hint: You can’t buy a single item at Starbucks for the same amount. In announcing the acquisition OpenGate Capital called TV Guide an
Analyst slashes Entravision estimates
Goldman Sachs analyst Mark Wienkes is out with a report severely cutting his estimates for radio companies, also including TV-radio Spanish specialist Entravision. His...
Redstones selling stock
The Redstone family’s National Amusements Inc. has sold 700,000 shares of Viacom stock and 1.7 million shares of CBS stock. The stock sales have...
Broadcasters may control food fight fate
Deborah Taylor Tate got to be Acting Chair of the FCC for a day as it convened a special session in Nashville to discuss...
On the “Radio Communications Group”
While the RAB is good at coming up with clever surveys and user profiles for consumers, the thing our industry has been sorely lacking is an "in your face" lobbying effort to lure
Heavy hitters go to bat for ad embeds
A consortium of big-name broadcast companies and trade associations, calling their group National Media Providers, has filed extensive commentary on product placement
ACME to delist its stock
ACME Communications is moving to voluntarily delist its stock from Nasdaq and deregister its stock, eliminating the need to make SEC fiings. “The decision...
TV Guide finds a buyer
Macrovision, which bought Gemstar-TV Guide a few months ago for $2.8 billion, announced the sale of one of the pieces it didn’t ever plan...
News Corp. divestiture is dead
JC Decaux and News Corporation have called off talks to have Decaux, the world’s 2nd largest outdoor advertising company, buy News Corporation’s billboard business...
More political pie, anyone?
A record amount of cash is earmarked for spending during the 2008 political season, and the Republican National Committee is thinking about spending even...
Journal Broadcast Group signs with LAN International
Journal Broadcast Group has contracted with LAN International to license VIERO e-PIF, LAN’s electronic public inspection file system. VIERO e-PIF is groundbreaking software that...
Redstone lightens hold on CBS/Viacom
CBS/Viacom honcho Sumner Redstone has sold $233M in non-voting stock held by his National Amusements, reportedly to meet loan covenants. This was just over...
The silver lining of recession
A University of Maryland professor says that a deep and prolonged recession will be good for some entertainment businesses, and the top of his list are traditional broadcast television and radio
CBS makes an adjustment
We’ll let CBS explain in its own words: “The continued economic slowdown in the United States has adversely affected advertising revenues across the Company's...