A legal eagle’s eye view of EAS
The FCC has come out with a new report and order, plus a further notice of proposed rulemaking, on the Emergency Alert System. Here...
Bancroft on a mission to derail Murdoch
The Wall Street Journal says Christopher Bancroft, who is a director of Dow Jones & Co., is trying to find financial backing to buy...
NBC Uni revenues down, profits up
That's certainly better than the other way around, although it is still best to have both up. As he reported double digit earnings growth...
Bidding for Cubbies could hit 1B
The Chicago Tribune has been keeping a close eye on the bidding for the hometown baseball team, which its parent firm, Tribune Company, has...
Post Co. faces NLRB complaint
The National Labor Relations Board has accused the Washington Post Company of failing to negotiate in good faith with the union at its flagship...
Moody’s gives Sinclair an upgrade
Moody's Investors Service upgraded Sinclair Broadcast Group's 4.875% Convertible Subordinated Notes to B1 from B2 and its subsidiary, Sinclair Television Group's (STG)8.0% Senior Subordinated...
Murdoch frustrated with Bancrofts
Dow Jones & Co. stock fell yesterday after AP reported that Rupert Murdoch was frustrated with Bancroft family negotiators changing their minds during negotiations...
Lady Bird Johnson dead at 94
She was best known as First Lady of the United States and a campaigner for conservation, but Lady Bird Johnson and her husband, the...
Ion wins a round in court
Ion Media Networks announced that the Delaware Chancery Court has denied a request from some of its preferred shareholders to block the company's exchange...
What’s next for SWMX?
The parent of SoftWave Media Exchange had to go to a hedge fund for a loan, but didn't raise new equity by the July...
Destination Television to buy American Broadcast Group
Destination Television has entered into a definitive agreement to purchase all of the issued and outstanding member's equity interests of American Broadcast Group. The...
Weather web hops on board Bentley
Bentley Commerce Corporation, which provides "barter, trade, media, asset management and alternative capital financial transactions" for broadcasters, among others, has just acquired Larry Usner's...
Sillerman butler pays SEC fine
The former butler to media mogul Bob Sillerman has agreed to pay 66,180 to settle SEC insider trading charges. Graham J. Lefford had been...
Emmis by the numbers
International radio was the star of fiscal Q1 (March-May) for Emmis Communications, with revenues up a whopping 28.1% to 8.2 million bucks. In the...
Ye Olde Sod squad
The expanding dimensions of the terror plot in Great Britain captured the most media attention for the week of 7/1-6/07, according to the Project...