Existing home sales fall to 5-year low last month
U.S. sales of existing homes fell 4.3% to a seasonally adjusted annual rate of 5.50 million in August, the lowest since August 2002, the...
O.J. nostalgia tour, coming to a cable system near you
The Project for Excellence in Journalism news coverage chart for the week of 9/16/07-9/21/07 had a familiar name on top of the list. O.J....
Downgrades send two radio stocks lower
With his gloomy comments on the overall radio industry (see Radio News) CL King analyst Jim Boyle also downgraded two radio stocks, sending them...
An open letter to David Rehr
Rock (or is it Roll) to (NAB President) David Rehr: It's about broadcast radio remaining the Dashboard Dominator.True NAB will be forced to repudiate...
Harman buyout blows up
Kohlberg Kravis Roberts and GS Capital Partners VI fund say they are walking away from their eight billion bucks deal to take Harman International...
Two added to Forbes 400
Two broadcast owners are new additions to the annual Forbes 400 list, but via unfortunate circumstances. Cox Enterprises Chairman and CEO James Cox Kennedy,...
Getting the point across about cross-ownership
It's easy to find someone to attack newspaper/broadcast media combinations; not quite so easy to find a reasoned defense. Yet the Second Circuit itself...
Moody's turns negative on Salem
Moody's Investors Service affirmed the Ba3 corporate family rating and B2 senior subordinated notes rating of Salem Communications Holding Corporation. However, the outlook for...
Petraeus really comes into focus
If you though the testimony of General David Petraeus before Congress put the news focus on the debate over Iraq policy, you were right....
Petraeus really comes into focus
If you though the testimony of General David Petraeus before Congress put the news focus on the debate over Iraq policy, you were right....
Revenues down 5.2% in August for Tribune
Radio/Entertainment revenues gained 0.9%, with credit for that given to Tribune Entertainment, but otherwise August was a down month for Tribune Company. Television revenues...
TV revenues up at Media General
That's right, up. Broadcast revenues increased 0.1% in August at Media General to 29.5 million, despite the absence of 2.5 million in political revenues...
Radio a bright spot at Journal
Radio revenues were flat - actually up 1.8% on a same station basis - but TV plunged 13.7% and newspaper revenues from continuing operations...
Freedom comes to the New York Times
The New York Times has abandoned the subscription model for its TimesSelect and will open up its entire website to the online public, effective...
All Petraeus, all the time
Larry Craig (R-ID) must have been thrilled at the arrival of General David Petraeus to discuss the situation in Iraq with Congress. The resulting...