Sunday, September 29, 2024

And staffers worried about Rupert?

An SEC filing for the pending 5.6 billion purchase of Dow Jones & Co. by News Corporation confirmed what we had all guessed -...

Aggressive buyer for Westwood One stock

What's going to happen to Westwood One? Will it complete its renegotiation with CBS Radio and then, as many on Wall Street believe, put...

Jobs apologizes for iPhone price cut

Apple is trying to placate early iPhone buyers angered by a 200-buck price cut for the top model. After being bombarded by hundreds of...

Publicis exits the NYSE

Come September 27th, you won't be able to find a price quote for Publicis Groupe on the New York Stock Exchange. The Paris-based ad...

Wall Street Journal reorganizes ad sales

The Wall Street Journal announced a reorganization of its ad sales department, creating an integrated sales and marketing team in business media. The reorganization...

Credit markets have CEOs worried

Confidence in the US economy continues to slide, according to the latest Vistage CEO Confidence Index. Chief executives of small- and mid-sized businesses are...

Moody's assesses potential recession impact on media

Moody's Investors Service says many major US media companies, such as Viacom, Time Warner, Comcast and Cox Communications, should hold up pretty well if...

Time runs out for Business 2.0

Rather than sell its tech-focused biz mag, Business 2.0, Time Inc. has decided to shut it down. The struggling title didn't even get to...

There's more 'drama' in the Democratic race

Come on, guys..."there's more 'drama' in the Democratic race"? (8/31/07 RBR #171) If it walks like a duck, quacks like a duck, and has...

CBS raises dividend again

CBS Corporation has only been an independent public company for a little over 20 months, but it has announced the 5th increase in its...

Wall Street not surprised by CBS

Wall Street traders and analysts greeted the increased dividend and stock buyback announcement by CBS with a big yawn. It had little effect on...

DG FastChannel completes GTN buy

DG FastChannel has completed its previously announced buy of GTN, Inc., for 11.5 million. Based in Detroit, GTN serves the ad community through a...

LBA launches blogs

LBA Group has launched three blogs specific to the wireless and radio frequency industries. Content will be contributed by experts from the LBA companies,...

Telethon tops record again

The 42nd Annual Jerry Lewis Labor Day Telethon to benefit the Muscular Dystrophy Association raised 63.7 million bucks, topping the previous year's record by...

McClatchy keeping CareerBuilder stake

There will be no sale after all of the 14.4% stake that the McClatchy Company still holds in CareerBuilder. McClatchy says it has negotiated...