Dissident finds backing for SBS protest vote
Discovery Group, which owns approximately 9.8% of the publicly traded Class A shares of Spanish Broadcasting System (SBS), says Institutional Shareholder Services is backing...
Clear Channel shooting for Q3 closing
An updated Q&A from the company tells Clear Channel shareholders the revised buyout is expected to close in Q3 and notes that all of...
Thoughts On Radio’s Reinvention—Part II
Current radio industry initiatives such as PPM and posting do little to close the accountability gap. They represent progress. They are absolutely necessary. However,...
Updating the Clear Channel math
Back when the original deal to take Clear Channel private was put together, the total value – debt and equity – was $26.7 billion....
Thoughts On Radio’s Reinvention—Part I
I recently met with a senior executive from a major television group owner. The meeting started with this executive explaining to me that “without...
Closing time
Radio One CEO Alfred Liggins told shareholders that the sale of the former KRBV-FM Los Angeles to Bonneville International for $137.5 million will close...
To vote, or not to vote
That is the question at Radio One, where company officials explained to shareholders what will happen if the company’s Class A stock is delisted...
New citizens
Bustos Media announced that La Gran D morning host José Rodríguez “El Perrón” and Pedro Ramírez, of La Ke Buena Network’s morning team yesterday...
Both critics and supporters at Radio One session
Liggins is not promising any quick turnaround for the company’s radio business. Rather he sees radio industry revenues being down again in 2008.
RAB Board passes posting resolution; Goldstein comments
The RAB Board of Directors has passed a resolution enhancing Radio’s accountability that includes recommended selling and schedule verification guidelines (posting) to create a...
Arrested in Guam
Original Air America Radio CEO Evan Montvel-Cohen is under house arrest and facing deportation from his native Guam to face two charges of theft,...
Liggins faces shareholders today
Only routine business is on the official agenda today as shareholders of Radio One hold their annual meeting at a Washington, DC hotel. CEO...
HD Radio infrastructure lowers manufacturing cost
iBiquity Digital announced momentum in advancing the infrastructure for HD Radio designs."These next generation chipsets, modules and software development kits from Samsung and other...
Perspective – Implications of Clear Channel’s new deal
When this is all done I hope that Clear Channel will not just change but I hope to see improvement to this media company. And it all begins with honesty. And we can hope for the best.
No money worries this time
There’ll be no skipping out on the closing table this time around. Clear Channel Communications announced Friday that the banks involved in its pending...