Life goes on at Clear Channel
With no resolution in sight for its legal battling with six big banks over financing for its going private buyout, Clear Channel Communications has...
XM and Sirius delay shareholder meetings
With their long-pending merger still awaiting FCC approval, XM and Sirius Satellite Radio have put off its 2008 annual shareholders meeting. The XM meeting...
CBS beats expectations; raises dividend
Instead of the decline that Wall Street had expected, CBS Corporation delivered Q1 revenues that were essentially flat, with double digit gains in operating...
Fisher cuts equity incentive share authorization
Noting objections from some major shareholders, Fisher Communications announced that it has reduced the number of shares authorized under its 2008 Equity Incentive Plan....
Committees sniping over political ads
Even while Barack Obama (D-IL) and Hillary Clinton (D-NY) spare neither tooth nor claw in their battle for the Democratic presidential nomination, the Democratic...
Newspaper circulation dives again
Average weekly circulation for big US newspapers fell again in the last six months. The Audit Bureau of Circulations (ABC) said circulation for the 24 biggest US dailies fell 3.2% over the past half year.
Bidding battle for Newsday
Does Murdoch expect to win a waiver from the FCC? He’d like that, for sure. But we’re betting that he expects to see the crossownership rule struck down
Low hopes for radio; Modest TV growth
We’re now into the Q1 conference call season and Wachovia analyst Marci Ryvicker is looking for unimpressive performance by radio companies. “Radio’s lack of...
Is Clinton in for the really long haul?
At least one source is saying people in the camp of Hillary Clinton (D-NY) are quietly floating the notion that if the road to...
Low road/high road issue spotlighted in NC
A typical political campaign fills its war chest with cash from hard donations that can be used at its discretion. Organizations unaffiliated with the campaign can spend as well, but
CBS Corp.'s business goes south
And we mean REALLY south, all the way to South America. The vast media conglomerate is picking up 17K advertising faces in Argentina, Brazil,...
Radio Heard Here is a misguided campaign
When a man is on target RBR gives them their just due and our dear friend and colleague Kurt Hanson is right on target....
More feedback for Rep. Blackburn
It's unfortunate the lack of institutional memory we have in our industry. It keeps us from seeing where our problems originate. After Docket 80-90...
Big payday for Fisher
Fisher Communications’ stock jumped yesterday after Liberty Mutual Group announced a 6.2 billion bucks deal to acquire another insurance company, Safeco Corporation. Fisher owns...
Heatseekers: Where the cash is flowing
A lot of attention is on the presidential contest right now, but another fierce battle for Congress is percolating away just underneath the surface. But as usual, some districts figure to be hotter than others. Today, we'll identify ten where the cash spigot is open full throttle.