Sirius XM on defense, but against whom?
Sirius XM announced a “poison pill” stock plan to block anyone from making an unwanted takeover play. But with Liberty Media already holding a 40% stake
NY Times story warns of Clear Channel default
They say all publicity is good publicity, but management at CC Media Holdings, the parent company of Clear Channel Communications, would probably
Bubba brings “Bubbapalooza” to Pittsburgh
Tickets will be available starting today for Bubbapalooza, the live comedy event presented and hosted by Bubba the Love Sponge, taking place on Saturday,...
Cumulus employees get some time off
Did we mention it will be without pay? Due to the tough economy, Cumulus Media has ordered all employees to take five furlough days...
Arbitron raises benchmarks; Evaluating diary guarantee
CBS Radio’s Lisa Decker chaired her first meeting of the Arbitron Radio Advisory Council this week and reported progress on higher benchmarks as RAC
Another newspaper company in Chapter 11
American Community Newspapers (ACN) is the latest newspaper chain to seek bankruptcy court protection for reorganization. The company owns daily and weekly newspapers clustered...
Westwood One sets reverse split vote
With its stock trading at pennies per share, Westwood One management had already indicated that a reverse stock spit was likely following its recent
Price boost for Cox Radio buyout bid
Shareholders had balked at the offer from Cox Enterprises to buy out all other owners of Cox Radio at $3.80 per share. Now the bid has been raised by a buck to $4.80 per share, which Cox Enterprises notes
NAB commandeers DC subway
Commuters passing through the Capitol South subway station on Capitol Hill in Washington will not be able to miss the National Association of Broadcasters’...
Syndication One adds Atlanta and Birmingham
Syndication One announces that the Reverend Al Sharpton Show ( 1PM-4PM EST ) and the Warren Ballentine Show ( 10AM-1PM EST ) have both...
WRMA’s “Hola Miami” adds host
Spanish Broadcasting System’s WRMA-FM Miami announced renowned journalist and TV personality Fernando del Rincón will host the new morning reality show “Hola Miami.” The...
Cox Radio buyout offer boosted
Having met shareholder resistance to its original offer of $3.80 per share, Cox Enterprises has increased its bid to buy out other shareholders of...
New round of firings at Clear Channel
Clear Channel Radio on Tuesday concluded the restructuring its new owners began in January. Some 590 staffers got pink slips yesterday
AMEX, Delta SkyMiles launch multimedia effort
American Express announced a number of new benefits available through its exclusive line of Delta SkyMiles Credit Cards, as well as the launch of...
“Cita con el Doctor” details Swine Flu
While the worries about the new swine flu virus and the possible influenza pandemic increases worldwide, Grupo Latino de Radio’s “Cita con el Doctor”...