March Madness goes multi-platform
CBS is making use of its portfolio of outlets for coverage of the NCAA Division I men’s basketball tournament. This is cross marketing at its best.
New York Times Co. settles with dissidents
Rather than fight with the Harbinger hedge fund, officials of The New York Times Company decided to meet with the dissident shareholder and try...
SBS into the movie biz
Spanish Broadcasting System announced the incorporation of its wholly-owned film subsidiary, Megafilms. SBS says the new unit will produce Spanish-language filmed content including full-length...
Supreme Court to hear Fox indecency case
The US Supreme Court has agreed to decide whether the FCC has the authority to fine broadcasters for “fleeting expletives,” taking up the Commission’s...
Bargain basement sale of Bear Stearns
The share price of Bear Stearns & Company plunged 47% on Friday to close at 30 bucks amid worries that the investment banking and...
Another cautionary tale
Dennis Kucinich (D-OH) has been on the roster for a number of elections lately, as a candidate for the Democratic presidential nomination, his second...
DG FastChannel raising cash
Lenders have stepped up to the plate to provide DG FastChannel with new senior debt facilities totaling 145 million bucks. The lending consortium was...
Is this the week for a private CCU?
Watch for Clear Channel’s stock price to keep edging closer to the $39.20 buyout price as the likely closing draws nearer. Like soon.
Lenders give Cumulus buyout thumbs up
Cumulus Media said in an SEC filing that members of its lending group holding more than 50% of its debt have given their consents...
Q4 down quarter for Gray
Gray Television had some changes in its station portfolio from one year to the next, so Q4 revenues on an "as reported" basis were...
AP reorganizes business units
Long-time Sr. VP of Global Broadcast Jim Williams is retiring next month as the Associated Press consolidates management of its newspaper, broadcast and new...
Spitzer out the door
The scandal-plagued administration of New York Governor Eliot Spitzer is coming to an end. The former state attorney general, who badgered record labels and...
Moonves rules out more station sales
Speaking at the McGraw-Hill Media summit in New York, CBS Corporation CEO Les Moonves said he has no plans to sell anymore of the...
Iger sees opportunities for Disney
Kids are increasingly oriented to looking at their computer screen more than a TV screen, Disney CEO Bob Iger told the McGraw-Hill Media Summit in New York, so he thinks broadband is going to become the primary entertainment source for the youngsters that his company has built its brand on.
Elections hog the spotlight again
The election fired back over the 50% point during the 3/3/08-3/9/08, finally resting at 52%, fueled by another 77% tunnel-vision performance from the cable sector. but we can’t wait to see the stats with Spitzer out the door. Has it all, Money, Sex, Politics.