Moody’s slates five TV companies for possible downgrades
Warning that the television broadcasting sector may face substantial revenue and cash flow drops, Moody’s Investors Service has put five TV group
Entercom downgraded
Moody’s Investor Service has downgraded the debt ratings of Entercom Communications, saying the ratings agency expects radio broadcasting revenue to come under increasing pressure
WorldSpace files Chapter 11
No surprise here. The US-based international satellite radio company had been negotiating for months with holders of bridge notes that it was unable to repay. On Friday WorldSpace announced that
National committees improvising final strategies
The political category giveth and the political category taketh away, all depending on the shifting sands of the polls, the sheer number of battlegrounds...
Campaign back on top
The latest coverage charts from the Project for Excellence in Journalism, for the week of 10/6/08-10/12/08, put the 2008 presidential campaign back on top...
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...