Beasley set to "Rock the Vote" in NC
The six station Coastal Carolina radio cluster owned and operated by Beasley Broadcasting Group Inc. claims over 365K regular listeners. With a key election...
McGraw-Hill raises dividend
The stock price jumped yesterday as McGraw-Hill announced a 7.3% increase in its dividend payout. The company also said it expects to buy back...
Weighing fulltime staffing
Hi Jim,First off let me tell you that your on-line Radio Business Report is excellent. I enjoy the mix of news and editorial comment.Secondly, I...
Slowdown yes, recession no
In what would seem to be a contrarian view, given the number of economists forecasting a US recession this year, the International Monetary Fund...
Clear Channel stock still bouncing
The price moved back above 30 bucks in yesterday’s trading, but then fell again. Wall Street is clearly nervous about whether or not the...
One week seems to spawn another
The total media attention paid to the 2008 campaign during the week of 1/21/08-1/27/08 was exactly the same as during the prior week of...
ACLU decries FCC nanny play
The 1.4M+ the FCC is billing broadcasters for a 2003 episode of "NYPD Blue" has been roundly criticized by the American Civil Liberties Union,...
All night long
"We are considering requiring that licensees maintain a physical presence at each radio broadcasting facility during all hours of operation." So says the FCC...
Analyst raises Saga estimates
Saga Communications gave Wall Street an early look at what to expect in its Q4 results and caused CL King analyst Jim Boyle to...
Malone-Diller battle gets down and dirty
The lawyers are having a field day with what is now a fight over control of IAC/InterActive Corporation. John Malone’s Liberty Media has sued...
Analyst ranks thinned again
No, we’re not recycling a story from yesterday. Today it’s Credit Suisse that has dropped coverage of broadcasting stocks, bidding farewell to John Klim....
Clear Channel reiterates Q1 closing
The statement that the going private buyout is “expected to occur in the first quarter 2008” was repeated by Clear Channel yesterday as it...
Main studio, schmain studio
As part of the FCC's large-scale look into improving the localism of broadcast stations, it says it shares the concern of commenters "that licensees...
ICBC hangs out a new shingle
ICBC, better known as Inner City Broadcasting Corporation, has been running broadcast facilities for a long time, and must be hugely popular in regulatory...
FCC tells ABC: No ifs, ands or butts
An episode of NYPD Blue first aired in February 2003 has resulted in an FCC fine meted out to 52 ABC-affiliated television stations. Language...