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...
Much ado about nothing
"Much ado about nothing" was immortalized by William Shakespeare but it seems a host of public servants inside the DC Beltway have 'nothing' better...
Get ready for the return of the Tony Snow show
President George W. Bush announced Friday that Tony Snow is stepping down as White House press secretary on September 14th. The President said he...
How will credit problems affect broadcasting?
Worries about the broader impact of the sub-prime mortgage crisis are top-of-mind on Wall Street. But just how widespread will the fallout be? We...
Newspaper advertising down again in Q2
Total ad expenditures at newspaper companies were 11.3 billion for Q2, an 8.6% decrease from the same period a year earlier, according to preliminary...
No relief for newspapers
Ad revenues have been soft for daily newspapers for some time and the credit rating agency Fitch sees no improvement coming. "Real estate classified...
Sweeney gets Golden Mic
The Broadcasters Foundation of America will honor Anne Sweeney, co-chair Disney Media Networks and President, Disney-ABC Television Group with its 2008 Golden Mike Award....
News Corp's Dow Jones buy clears antitrust review
News Corporation's pending acquisition of Dow Jones & Company has easily cleared antitrust review by the Federal Trade Commission, winning early termination of the...
Scripps puts Albuquerque paper on the auction block
Albuquerque, NM is among the shrinking number of cities that still has two daily newspapers - but perhaps not for long. E.W. Scripps Company...
Community Broadcasters puts on benefit concert for vets
Community Broadcasters, with seven radio stations in the Watertown, NY and St. Lawrence Valley markets, announced that "Operation Rock," a benefit concert held 8/25,...