What happens next?
Getting a judge in San Antonio to order giant banks to fork over 20 billion bucks is one thing - getting the cash in hand is another.
Moody’s also waiting for the outcome
Like the rest of us, Moody’s Investors Service is waiting to see whether or not the Clear Channel buyout gets to closing. Meanwhile, the...
RIAA applauds XM/Sirius wedding
Mitch Bainwol, Chairman & CEO of the Recording Industry Association of America (RIAA), has this to say about DOJ approval of the merger between...
Breaking news shifts votes
Tuesday evening’s revelation from the Wall Street Journal website that things had gone awry for the Clear Channel buyout certainly shifted voting in the...
Clear Channel wins restraining order against banks
A Texas state judge in San Antonio has granted Clear Channel Communications a temporary restraining order that essentially orders a syndicate of banks to...
Wally Phillips dead at 82
For 42 years until his retirement in 1998, Wally Phillips was a familiar voice on WGN-AM Chicago. The station reports that Phillips died this...
Regional syndication for WEEI
Entercom Boston says it will syndicate the programming of WEEI Sports Radio across the greater New England region. Entercom has successfully extended the WEEI-AM...
Hi ho, hi ho, it’s off to court we go
Talks on final financing terms for the 26.7 billion bucks going private buyout of Clear Channel have officially broken down. The would-be buyers, Thomas...
Hippie Radio gets registration from Trademark & Patent Office
Tony Richards’ format Hippie Radio has received official registration from the U.S. Trademark & Patent office. The format which debuted in late 2007 in...
Take the money and run
Goldman Sachs analyst Mark Wienkes is telling clients to sell their Sirius shares as they surge on the DOJ merger approval. Don’t wait for the FCC, he warns.
Clear Channel buyout on the ropes
The long roller coaster ride for Clear Channel employees is not over yet. But what are they supposed to do while this battle rages behind closed doors?
Cox Radio adds Party 93.1 HD-2 in Miami
Cox Radio announced that Miami dance-station, PARTY 93.1 FM, will be broadcast digitally in HD Radio on the expanded FM dial at 93.1 HD2. ...
Radio New York partners with KEXP; campaign included
NYC Media Group President Arick Wierson announced the launch of new music programming on Radio New York (WNYE 91.5 FM) airing in partnership with...
Arbitron get new digs
Arbitron says it has upgraded its diary processing with a new state-of-the-art facility near its Columbia, MD offices that combines several processes under a...
Jack Armstrong dead at 62
He was one of the biggest names in Top 40 radio and hung his headphones at legendary stations from coast-to-coast, starting in the South,...