WCPO to lose its newspaper twin sisters
Even with a grandfathered newspaper-TV crossownership situation, E.W. Scripps Co. says it can't keep its Cincinnati Post and Kentucky Post newspapers alive. The dailies...
The Dow Jones deal is done…maybe
Directors of Dow Jones & Co. were scheduled to meet last evening to consider approval of a tentative deal to sell the company, including...
Krall leaving Avid
Avid Technology announced that President & CEO David Krall will exit at the end of this month, with board member and former chairman Nancy...
Verizon up, despite Vodaphone denial
Is Verizon, which is busy rolling out its FiOS competitor to cable and cutting content deals for it and wireless phones with lots of...
IPG launches mobile marketing agency
Interpublic has formed Ansible, a dedicated mobile marketing agency, in a joint venture with Velti, a leading mobile technology provider. Ansible will be a...
Small draw for Ion tender
Only 25.3% of the 14.25% preferred shares and 10.6% of the 9.75% preferred shares were tendered for the exchange offer at Ion Media Networks,...
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...