Fisher paying special dividend
Fisher Communications announced that it will make a special payout to shareholders of $3.50 per share. Strangely, the stock price for Fisher Communications first...
Moody’s downgrades Clear Channel’s debt
That shouldn’t surprise anyone, since the company is now carrying a much larger debt load after the private equity buyout. This finally lets Moody’s
CBS by the numbers
Despite the tough economy, CBS Corporation managed to grow Q2 revenues by 1% to $3.4 billion. Net earnings rose 1% as well to $408 million. And, since the company
In praise of Arbitron
With all of the criticism heard regarding Arbitron, Lotus Fresno GM Mike Ginsburg thinks it’s only fair to praise them for good performance
Back to the campaign
As official Washington gets set to take the month of August more or less off, journalists threw their attention back on the 2008 campaign....
Up quarter for Disney
Television and movies lagged as The Walt Disney Company reported an up quarter despite the tough economy. For the entire company, revenues rose 2%...
Cox comes up short
Cox Radio is the first pure-play radio company to report Q2 results – and the first to fall short of Wall Street expectations. It...
McGraw-Hill asserts its First Amendment rights
We’re not talking about its TV stations, or even BusinessWeek magazine, but rather the Standard & Poor’s rating agency. The Attorney General of Connecticut...
Tough business cycle for Meredith
The bulk of Meredith’s business comes from its publishing side, but there was more than enough bad news to go around for the television...
Sirius speed to the altar displayed
The rice, or politically correct bird seed, has been tossed, and what was two satellite audio firms upon entering the aisle are now one,...
Lenny got his wish
Throughout the long period that the XM-Sirius merger had been pending, Lenny Freed sent us numerous emails offering to bet big bucks that the deal would go through
Electioneering Communications
Passage of the Bipartisan Campaign Reform Act (BCRA) imposed another new obligation on broadcasters when broadcast matter constitutes an “Electioneering Communication.”
Senators look to drydock brain pirates
The theft of America’s intellectual property is said to drain $250B dollars a year from rights holders, and cost 750K potential jobs
XM/Sirius conditions detailed
The FCC decided that the only way to consider the merger of XM and Sirius was under a worst case scenario; taken in that light, concessions from the merging entities are a condition
Expanded battlefield for 2008 elections
To all appearances, compared to 2004, more states are being put in play in the play in the presidential and senatorial campaign maps, and...