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Welcome to RBR's Daily Epaper
Volume 23, Issue 238, Jim Carnegie, Editor & Publisher
Friday Morning December 8th, 2006

Radio News ®

More fallout at Interep
Speculation RBR noted yesterday morning that Interep was about to lose a major group in their stable of rep firms is confirmed as Cumulus Major Market Sales (CMMS), home to the former Susquehanna radio group, has closed their doors. Cumulus Media Partners (CMP) has moved over again with Clear Channel's Katz Radio Group (KRG) firms of Christal and Eastman. According to CMMS President Mike Walsh the decision for the move was not based on performance but rather the desire to have all their assets under one rep firm. Interep Chairman and CEO Ralph Guild was more upfront by stating Cumulus was made an offer it could not refuse. Dickey told RBR that Guild was correct that the offer made was very compelling and that it was good for the company and shareholders. Meaning money talks and everything else walks. So Interep again will be paid by KRG in a buyout that is in the double-digits or RBR estimates 3 times CMP's EBITDA it was brining in for Interep. The causalities will be the people at Cumulus Major Market Sales as the same happened after the closing of the Susquehanna transaction (05/08/06 RBR #90)--a number of Susquehanna employees were stranded or out of work and now the same will happen at CMMS.
| List of CMP Stations |

RBR observation: Why does it seem nobody or almost nobody is crying in their holiday eggnog? Well, it is called Guaranteed Money, green back dollars. Interep, which is consistently under pressure, saves by closing Cumulus Major Market Sales and the overhead that goes with it, namely people. Plus, Interep will receive steady income from the buyout of the contract which should give Interep cash flow to keep their bondholders happy. Cumulus Media Partners, like many, receives the mystical one year money revenue guarantee with a few perks from KRG. Remember reps will tell you they do not do deals of guarantees, but we all know it is there as this revenue is never seen at the station level, it all goes to the corporate piggy bank. For the most part everything remains the same at the station level demonstrating once again that money talks and everything else walks.


Did you buy Clear Channel last night?
Perhaps you had a little spare cash in your wallet. Did you put in a bid on one of the holiday season's most attractive media buys? You'd have to have had a pretty fat wallet, with 26,700,000,001 dollars in it to beat the offer for Clear Channel that's already on the table. The deadline to beat the Thomas H. Lee Partners L.P. and Bain Capital Partners LLC deal was last night at midnight. The arrangement keeps the Mays family firmly in control. As Thomas H. Lee Partners Co-President of Scott Sperling said last month, "Clear Channel is one of the nation's truly great companies that has the finest collection of outdoor and radio assets in the industry. We are extremely pleased to be partnered with the management team led by Mark and Randall Mays and to have the opportunity to work with them and to grow this company that was created by its Chairman and founder, L. Lowry Mays. Clear Channel has tremendous long term growth opportunities in both the radio and outdoor businesses and we look forward to partnering with Mark and Randall to create value in the years ahead." The transaction, which includes 8B in debt assumption, will be accompanied by a major sell-off of almost 450 radio stations in sub-100 markets and the entire Clear Channel television portfolio, including 42 program streams in 26 markets, counting standard stations, LMAs, LPTVs, Class As, cable only channels and digital side-channels.

Stake dinner for Murdoch
The long-standing battle of wills between Rupert Murdoch's News Corporation and John Malone's Liberty Media is widely reported to be over. Murdoch will get 11B worth of stock in his company from Malone, amounting to a 19% share of voting stock and 15% of non-voting. According to the New York Times, Malone's shares will be retired, making this part of the transaction effectively a stock buyback. In mostly tax-free exchange for the stock, Malone will get Murdoch's 39% chunk of satellite video provider DirecTV, as well as three regional sports networks and about 550M cash. According to NYT, Murdoch gets a 5B profit on his DirecTV share, which he acquired from General Motors about three years ago. Malone gets re-entry into the MVPD business (he used to be head of Tele-Communications, at the time the largest cable company in the US), a platform for some of its other programming and broadband holdings, and a tax-free avenue out of News Corp., thanks to the inclusion of the sports networks. They were needed on the News Corp. side as operations of five or more years standing, which also represent over 5% of the total exchanged value.


Will internet advertising
eclipse radio?

That's what online market research firm eMarketer.com is saying. It predicts that internet use will continue its upward trajectory while overall advertising dollars remain relatively flat, making it only a matter of time before the category vaults over radio. It expects internet's total take to come in at 16.4B this year, which would amount to a 30.8% gain over 2005's 12.5B total and would represent a 5.8% stake in the total US advertising pie. Using 2006 as the fulcrum of a five-year span, eMarketer quotes share figures of 3.6% in 2004, 4.6% in 2005, this year's 5.8%, and forecasts share totals of 6.8% in 2007 and 8.1% in 2008. Typical of a new medium, it's growth rate cannot continue in the 30% range, but eMarketer is calling for gains of 18.9% in 2006 and 22.1% in 2008. That will be against a total media backdrop exhibiting only a 1.4% gain in 2007 and a 3% gain in 2008, meaning that internet's gains will be coming out of the hides of existing media. eMarketer senior analyst David Hallerman said, "At the rate internet ad spending is growing, it should match radio next year and will surpass it in 2008." He added, "It's one thing for internet ad spending to surpass relatively minor media such as outdoor or yellow pages, but it's quite another thing to blow past radio, one of the big four traditional media."

RBR observation: We've heard broadcast executives attributing current internet advertising as an example of experimentation, and that after advertisers realize its inherent weaknesses they'll be back. If broadcasters are going to make that a reality, they will have to saddle up their most reliable steed - one that the internet isn't particularly well suited for - and ride it until it's ready to drop, then ride it some more. The steed's name is Local.

FCC defends indecency enforcement
In the ongoing court battle with networks over indecent broadcasts, the FCC defended its rulings. Addressing bursts of profanity from Nicole Richie and Cher, the Commission said its rulings were consistent with precedent and that the policy underpinning the rulings should not have come as a surprise. The FCC took the Bono f-bomb delivered during a broadcast of the Golden Globe Awards to make the word automatically indecent, whether it was fleeting or not. It's decision, during which an earlier staff-level decision was reversed, was based on the premise that the "...mere fact that specific words or phrases are not sustained or repeated does not mandate a finding that material that is otherwise patently offensive to the broadcast medium is not indecent." It argues that this was not an arbitrary and capricious change, but rather followed the precept that "'an agency is free to change course' so long as it gives a 'reasoned explanation' for doing so." It also argues that its ruling is not constitutionally vague, that broadcast speech does not enjoy equal First Amendment protection granted to other forms, and that the v-chip is not foolproof enough to be considered a replacement for indecency enforcement as a tool to protect children. It concluded, "This Court should uphold the Commission's reasonable assessment that contemporary community standards for the broadcast medium, however loosely viewed, simply do not permit entertainers gratuitously to utter the "F-Word" and the "S-Word" in awards shows broadcast on national television at a time when substantial numbers of children are certain to be in the viewing audience."


Ad Business Report TM

200 NY broadcasters, agency execs
turn out for PPM briefing

Arbitron briefed a crowd of nearly 200 radio and ad executives serving the New York market on the company's plans to convert from paper-and-pencil diary measurement to the Portable People Meter service. Reps from area broadcasters, including CBS Radio, Cumulus Broadcasting, Emmis Communications, Spanish Broadcasting System and Univision Radio New York joined with advertising executives from such companies as Carat, OMD, J.L. Media, Universal McCann and Zenith Optimedia, as well as rep firm Katz Media. All participants learned how the change to electronic measurement would impact how radio and bought and sold. The last diary-based book for New York is planned for Summer 2007. Arbitron plans to convert the top 50 Radio markets to the PPM service by the 2010. Last month, Arbitron accelerated the PPM rollout schedule for embedded markets at the request of the Arbitron Radio Advisory Council. After the briefing, Rich Russo, director of Broadcast Services for, J.L. Media, said, "I look forward to the PPM for all of the media it will be able to accurately measure using one device: broadcast radio, HD Radio, Internet streams, podcasting and so much more. The PPM will provide great uplift to the radio business." Matt Feinberg, SVP/National Radio, SVP/Director, Interactive Broadcast, Zenith Media Services, tells RBR: "I had people who work with me go down there. They thought it was nteresting, some were being exposed to the product for the first time. The more information, the better, to help everyone keep abreast of the landscape."

Google updates radio advertising product; beta test
Google spokesperson Michael Mayzel provided the latest on the Google Audio product yesterday, via the Inside AdWords blog: "There's been a lot of speculation about what we're doing in radio advertising so we thought we'd give you a quick update regarding what we've been working on since the acquisition of dMarc Broadcasting earlier this year. Here's a note from Josh M., a member of the Google Audio Ads team: Over the last year, we've been working hard to integrate the dMarc advertising platform into Google AdWords. We're happy to announce that the integration is now complete and we've recently begun a U.S. beta test of Google Audio Ads with a small group of AdWords advertisers. Google Audio Ads brings efficiency, accountability, and enhanced ROI to radio advertising by providing advertisers with an online interface for creating and launching radio campaigns. You'll be able to target your customers by location, station type, day of the week, and time of day. After the radio ads are run, you will be able to view online reports that tell you exactly when your ad played. Over the last year, we've been partnering with both terrestrial and satellite radio stations across the U.S. so that our advertisers have many options for broadcasting their ads -- whether it's a Country station in Tyler, Texas or an Adult Contemporary station in New York City. Currently, there are hundreds of stations to choose from and we hope to grow the list over the coming year. Our broadcast partners are looking forward to making their ad inventories available to thousands of new advertisers, especially since they aren't easily accessible today. As mentioned, the first beta test campaigns recently launched, and you may have already heard these advertisers' ads while driving to work or listening to the radio at home. The beta launch may leave you wondering when you will be able to use Google Audio Ads for your own radio campaigns? Well, while we haven't set a date yet for when the product will be more widely released, one thing is certain: Inside AdWords blog readers will be among the first to know."


Media Business Report TM
Martin looking to grease
the telco wheels

It appears that both parties in Congress are ready to pave the way for telco entry into the MVPD business, and in a speech before the US Telecoms 2006 Symposium in Phoenix, FCC Chairman Kevin Martin made it clear that he shares this goal. Martin succinctly stated two prime drivers: "The Commission has noted that telephone company entry into the video marketplace has the potential to advance both the goals of broadband deployment and video competition." Getting Americans on line with up-to-date capability is a key Commission goal, as is finding a way to put competitive pressure on the cable television industry, which Martin notes appears to be embarking on another round of rate hikes in some localities. Getting them up and running has had its pitfalls, though. He said, "Telephone companies are investing billions of dollars to upgrade their networks to provide video. As the telephone companies and others began actively seeking to enter video markets in late 2004 and 2005 however, we began to hear from some providers that local authorities were making the process of getting franchises unreasonably difficult." He cited on case where a local franchising authority (LFA) wanted the prospective market entrant to build a 1M community swimming pool and provide a 50K scholarship fund annually. To combat this sort of thing, he wants clear rules and what is and is not negotiable, and he wants a shot clock: "It would seem reasonable to expect a LFA to take action on an application for those entities that are already authorized to access a community's rights-of-way with in 90 days and within six months for action on other applications."

RBR observation: Other than the LFAs which like any self-serving entities (and aren't they all self-serving) aren't keen on giving up any of their current powers, most people seem ready to move ahead toward head-to-head competition between cable, telco and satellite delivery platforms. Legislation is stalled on Capitol Hill, but it is being enacted at the state level and now the FCC may see what it can do. Still unresolved: the net neutrality issue. Ted Stevens (R-AK) would not allow protective language into his bill, which is a big reason that it stalled. While FCC Commissioner Robert McDowell has said that net neutrality protections may well be a prescription for a disease that may never occur, we note that Martin didn't mention it at all in this particular speech. It seems to us that if there is widespread agreement on telco MVPD competition, while net neutrality remains hotly disputed, it would be wise to consider the issues separately and move forward on the telco side.


Media Markets & Money TM
Reese on Red Zebra
buying WGMS-FM DC

Redskins owner Dan Snyder's Red Zebra Broadcasting may be buying Classical WGMS-FM DC (104.1) from Bonneville to flip it to its Sports Talk Triple X ESPN Radio. Currently, Red Zebra has the format on a trimulcast on 730 AM (daytime signal), and rimshotters 94.3 and 92.7 FM. Since the trimulcast launched months ago, folks have been complaining about the signals not reaching large swaths of the market, especially Maryland Counties north of DC. The assumption is Bonneville will do a bit of a trade for its 92.7 and 94.3 frequencies for the heritage classical format. Bonneville CEO Bruce Reese tells RBR they're talking, but no deal is done yet: "We have had discussions with Red Zebra, we have discussions with lots of folks about lots of things-hopefully more often about buying rather than selling things. But we have had conversations and there is no deal at this point. I can with certainty tell you there won't be a deal by Friday. I don't know whether there will be a deal. You won't hear about one for a while." Reese also confirms Bonneville has a CP for a signal booster for the 104.1 station in the northern DC suburbs. Also see related story on HD-2,3 formats in Entertainment Business Report.

Bravo Mic bulks up in New Mexico
Ned Bennett and Sandra Zane have a 2.6M deal in place that will add a Messilla Park NM combo to their two-FM duopoly in the unrated Las Cruces NM area. KOBE-AM & KMVR-FM are coming from Edwards Media, headed by Larry Edwards. The combo will combine with KXPZ-FM Las Cruces and KVLC-FM Hatch. Edwards will be the beneficiary of one of the more unusual consulting agreements that we've ever seen chronicled in a transaction contract. The document calls for Bravo Mic to put 100K into escrow and pay an additional 1.8M cash on closing day. It will then fork over all of the combo's net profits over a period of up to five years to Edwards until the total has reached an aggregate of 700K.

RBR observation: If that doesn't inspire Edwards to do a particularly good job of consulting, we can't imagine what will.


Entertainment Media Business Report TM
Reese on HD Radio
multicast formats

Bruce Reese, Bonneville CEO, spoke to RBR a bit about HD multicast channels: "HD Radio is great, we need to spend more time programming it." Indeed, these extra stations are extremely important to the future of our medium. RBR mentioned (as we have in the past) we believe in order to effectively compete for younger ears against satellite and internet, the HD-2 stations need to be fresh, new formats like Techno/Drum & Bass, Grunge, Psychedelic, Indie Rock, Reggae, Jam Bands, Emo, etc....things that they are going elsewhere to get, in droves. Said Reese: "I think you make a valid point. I think we've had a tendency to think of the HD-2 channels as somewhat having to be brand extensions of the HD-1 channels. But hey, it's another channel-there's nothing in it that says just because the station that's right next to 104.1 needs to sounds like 104.1. It's just another channel. So whether it's targeting younger people or different people, we need to get people back listening to radio. HD2,3 is a great opportunity for us to try and recapture the 18-25 year olds." Reese mentioned Bonneville has an unsigned bands channel out of their St. Louis properties on the net that may get more play down the road: www.ichannelmusic.com. They don't have to pay any fees on these bands because they are all unsigned. It's not bad-check it out!

OKC mother wins
Tom Joyner Morning Show's
1 million promotion

Trina Lewis of Oklahoma City, Oklahoma is the winner of the Tom Joyner Morning Show's 1 million cash call promotion, ending the nationally syndicated radio show's biggest radio promotion ever. Lewis, who recently lost her job in October, said she plans to pay off her home and help her member church. "Are you serious?" screamed Lewis as Joyner congratulated her. "I am just shaking. I lost my job in October and I needed this money." Lewis, married to Dennis for more than 20 years, is the mother a teenage daughter, age 19 and a son, age 15. Lewis listens to the show on Perry Publishing & Broadcasting's KRMP 1040 AM. The African-American owned media company who has been an affiliate of the Tom Joyner Morning show for more than six years. She said she chose envelope #139 because her grandmother would have been 100 years old and she is 39 years old. Last October, Joyner promised to give away the 1 million as part of the Cash Call Plus contest. During his four-hour drive time morning radio show, the10th caller every hour who told Joyner the correct three numbers had the option to take 1,000 or use that money purchase an envelope, one of which contained the certificate for 1 million dollars. All contestants who correctly identified the cash call numbers and picked an unrevealed envelope won some amount of a cash prize.


Washington Media Business Report TM
Martin heading for Vegas - in January
The NAB spring show isn't the only communications gathering held in the Nevada desert. The Consumer Electronics Association (CEA) is also headed there 1/8-11/07, and they will be playing host to FCC Chairman Kevin Martin. He'll be discussing important areas of intersection between the FCC and the CEA, including the transition to digital television and other broadband and technology issues. CEA President/CEO Gary Shapiro will conduct a one-hour one-on-one discussion from noon to 1:00PM on the 10th. "Chairman Martin has been instrumental in bringing the benefits of consumer technology into the hands of Americans through his support of industry competition and the advancement of new technology," said Shapiro. "We are thrilled to have the Chairman return to the International CES as an Industry Insider and look forward to hearing his candid views on the DTV transition and other key issues facing our industry."


Transactions
850K WDOE-AM Dunkirk NY & WBKX-FM Fredonia NY. 100% of Chadwick Bay Broadcasting Corporation from John A. Bulmer to George W. Kimble (0% to 51%), Alan Bishop (0% to 49%). 10K depost, 10K escrow, 730K cash at closing, 100K holdback escrow. Existing combo. [File date 11/20/06.]

91K AM CP Providence-Warwick-Pawtucket RI (Charlestown RI) from Radio 786 Inc. (Ira Littman) to Astro Tele-Communications Corporation, a subsidiary of Addelco Corporation (Maurice B. Polayes). 1K down payment, balance in cash at closing. Duopoly with WADK-AM Newport RI, WJZS-FM Block Island RI. CP is for Class B on 1370 KHz with 2.5 kW-D, 5 kW-N, DA2. [File date 11/17/06.]


Stock Talk
Downer on the Street
The suspected results of the upcoming November jobs report did a job on Wall Street, contributing to another down day. Apparently the report is not expected to be a good one. For the most part, radio issues were forced to tag along into the red zone.


Radio Stocks

Here's how stocks fared on Thursday

Company Symbol Close Change Company Symbol Close Change

Arbitron

ARB

44.32

+0.02

Hearst-Argyle

HTV

25.63

-0.01

Beasley

BBGI

7.14

+0.12

Journal Comm.

JRN

12.10

+0.12

CBS CI. B CBS

30.94

+0.22

Lincoln Natl.

LNC

63.44

-0.25

CBS CI. A CBSa

30.93

+0.19

Radio One, Cl. A

ROIA

6.69

+0.07

Citadel CDL
9.68 -0.07

Radio One, Cl. D

ROIAK

6.69

+0.04

Clear Channel

CCU

35.34

-0.02

Regent

RGCI

3.00

-0.04

Cox Radio

CXR

16.39

-0.17

Saga Commun.

SGA

9.07

+0.03

Cumulus

CMLS

10.58

-0.04

Salem Comm.

SALM

11.65

+0.28

Disney

DIS

34.14

+0.04

Sirius Sat. Radio

SIRI

3.88

+0.05

Emmis

EMMS

8.39

+0.14

Spanish Bcg.

SBSA

4.11

-0.07

Entercom

ETM

27.06

-0.19

Univision

UVN

35.39

unch

Entravision

EVC

7.62

+0.17

Westwood One

WON

6.68

-0.04

Fisher

FSCI

41.56

-0.96

XM Sat. Radio

XMSR

14.81

+0.11

Gaylord

GET

50.18

+0.81

-

-

-

-

-


Bounceback

Send Us Your OpinionsWe want to
hear from you.

This is your column, so send your comments and
a photo to [email protected]

Here's an alarming report
from the field on HD radio:

Exploring the HD opportunities as a consumer, I went to two of the major electronic stores (Best Buy and Circuit City) and asked about purchasing an HD radio. They looked at me like I had three eyes. I said, yes, the radio that will allow me to pick up the HD signal from radio stations. One person replied, "You know, we have had a lot of requests for that lately but I've been working here for six years (Best Buy installer) and I have never heard anything about this. The only thing I know about HD is that I have seen it in the description of some receivers." Granted, this was in Vero Beach, Florida and not Detroit, Michigan but lets' fix this NOW!

Trish MacDonald
MacDonald Garber Broadcasting




Below the Fold
Ad Business Report
Turning out for PPM briefing
200 NY broadcasters, agency execs ready for PPM and and paper...

Media Business Report
FCC Chairman Martin is looking
To grease the telco wheels as it appears Congress is ready to pave the way...

Media Markets & Money
Reese on Red Zebra buying
WGMS-FM DC from Bonneville to flip it to its Sports Talk Triple X ESPN Radio...

Entertainment Media
Business Report
Reese on HD Radio
multicast formats

HD Radio is great, we need to spend more time programming it...

Stations for Sale

Upgradeable Albany AM
License, equipment, and engineering study for upgrade, all available now. Includes property and new solid state transmitter. $240k, owner will finance. NO cash flow.
877-541-5250 (NO BROKERS)

Southern Market w/PCF
Near Major University
Owner finance - $950K
Ken Hawkins 334-514-2241
Satterfield & Perry
[email protected]

5 FM / 1 AM station NEast
2 markets, 3 station clusters.
Revenue @ 2.5M, CF pacing at
1M in 06, Asking 12.3M,
[email protected]
or 781-848-4201


Market your Stations For Sale
in our daily epapers.
Contact June Barnes
[email protected]

Radio Media Moves

Rotation in NextMedia programming chair
Steve Davis is on his way out as the top programmer at radio group NextMedia Operating. He's headed back for another stint at consultancy Zapoleon Media Strategies. Taking his place with the title Vice President of Programming will be Harve Alan, who exits Mercury Radio Research and has Capstar and the ABC Radio Networks on his resume.




More News Headlines

Talking heads
go head-to-head

Democrats may have carried the day 11/7/06, but SurveyUSA finds that Republicans would win three out of four races if the candidates were radio and TV gabmeisters. It polled some 200K voters over six months, mostly querying them on real politicians, but also ran these races. SurveyUSA is responsible for the following party designations, and counts refer to electoral votes based on states carried. Imus (R) defeats Howard Stern (D) 504 to 31; Bill O'Reilly (R) defeats Keith Olbermann (D) 302 to 218; and Sean Hannity (R) defeats Al Franken (D) 293 to 245. The Dems prevail when Oprah Winfrey (D) defeats Lou Dobbs (R) 366 to 172.


Ideas Working Now TM

In January's Special Journal Report

1. Media Assoc. Presidents Forecasting '07. These are your Leaders Folks this is where Your dues go to so get involved and read, learn and 'What does it mean to your business?'

2. RBR/TVBR Business News: Google: threat, savior or non-issue. Google is after your inventory.

3. One-on-One--Alan Frank, CEO Post-Newsweek Stations his view from the inside today's Media biz.

4. TV station deal making outlook, Mark Fratrik, Brian Cobb, Kalil, others with insight '07



Contact & Discuss how you can Partner with RBR/TVBR

June Barnes: 803 731-5951
Carl Marcucci: 703 492-8191 ext 202
Jim Carnegie: 813 909 2916

Ideas Working Now TM
View '07 Content Focused
Reports Calendar



RBR Radar 2006
Radio News you won't read any where else. RBR--First, Accurate, and Independently Owned.

Media coalition
petitions Commissioners
"Technological and marketplace developments - especially the growth of multichannel programming distributors and the Internet - have fundamentally altered the landscape in which the Commission's ownership rules were originally adopted." This statement is from a letter to all five FCC commissioners asking for regulatory relief. The NAB, NAA, all four big networks and numerous radio, television and newspaper groups both large and small are participating in the coalition.

RBR note: The Text of letter can be reviewed in RBR. Read the letter and if you Agree or Disagree send your comments along with photo to [email protected] as this is your column and you can and should share in the voice.
12/07/06 RBR #237

End of election
signals sluggish demand
BMO Capital Markets says the abrupt end of the political advertising season has brought with it an equally abrupt softening of demand for airtime on radio stations. Pricing was up, but that may soon slide into the sluggish zone as well.

RBR observation: We need for a smart, innovative company to step forward with a brilliant plan and superb street smarts (as opposed to Street smarts) and prove all these analysts wrong. Any volunteers?
12/07/06 RBR #237

2006 was a year of
Lowered Expectations
Universal McCann guru Bob Coen predicting that local radio ad revenues will be up 1% in 2007 and national radio (network & spot) up 4%, RBR looks at his track record for the current year. It is worth a Revue and print out as it is called pacing.
12/06/06 RBR #236

Serious worries for Sirius
Several Wall Street analysts had already lowered Q4 subscriber targets for Sirius Satellite Radio, but when Sirius itself made that official the move sent its stock into a dive. Bank of America Securities analyst Jonathan Jacoby says the! sluggish retail demand could be a catalyst for merging XM and Sirius, although he notes that such a combination would be difficult to achieve in the near term.

RBR observation: First, the suggestion or continued speculation or even hopeful merger will not go away but now this rumor is just oh-hum. In the consumer market place during this holiday season are hand held gadgets ruling the space. And do not forget the lines that waited for PlayStation3. Nobody is standing in line waiting in the freezing cold for a satellite radio.
12/06/06 RBR #236

Dorgan rounds up posse
to go after Martin
Sen. Byron Dorgan (D-ND) let it be known that he hasn't forgotten about media issues as the 109th Congress lame duck session winds to a close. He, and eight other senators, fired off a letter to FCC Chairman Kevin Martin, reminding him that the report from former Chairman Michael Powell's Localism Task Force was still pending, that it should be completed before moving on to the remanded ownership proceeding, and that only four of six forums have been held.
12/06/06 RBR #236


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