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Cathy Carnegie 1952-2012

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Cathy Steffy Seeman, known throughout the broadcasting business as Cathy Carnegie, passed from this life on Thursday, January 19th in the arms of her loving husband, RBR-TVBR Publisher Jim Carnegie, while in hospice care in the Tampa area...
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Marketron CEO Steve Minisini departs

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Steve Minisini left to pursue other opportunities on 2/9. He was CEO of the Wicks Group-owned traffic and revenue management software company for over two...
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Media General gets a break from its lenders

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Media General executives told Wall Street analysts in their quarterly conference call last month that the company was in danger of a technical default on...
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Veteran broker Al Perry has died

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The National Association of Media Brokers (NAMB) announced the passing of its long time member and former President, Al Perry. A broadcaster since 1948, Perry...
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Legislators try to insert white space protection into tax measure

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Two members of the US congressional delegation from California are concerned about the health and well-being of constituents in the state’s Silicon Valley. Anna Eshoo...
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2011 ended up for Time Warner

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Q4 saw revenues rise 5% to $8.2 billion for Time Warner. Adjusted operating income rose 9% to $5.9 billion, so CEO Jeff Bewkes was upbeat...
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Yahoo! shakes up board

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Yahoo! Chairman Roy Bostock and three longtime board members are stepping down, submitting to the demands of frustrated shareholders who blame them for contributing to...
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National Geographic rechannels Harold Camping

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Was Family Radio apocalypse-predictor Harold Camping on to something? Certainly not, if something is defined as a specific date in the year 2011 for the...
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Quarterly revenues rose 2% for News Corporation

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Fiscal Q2 (October-December) revenues grew 2% to $8.98 billion. Total segment operating income grew 16% to $1.50 billion. TV and cable were strong contributors, despite the lack of political advertising at the company’s local O&O TV stations....
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Organizations on piracy: right, not rapid

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Media watchdog Public Knowledge and about 70 of its closest friends have fired off a letter to all members of Congress asking them to take...
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New President at Journal Communications

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A little over three years after joining Journal Communications as Chief Financial Officer, Andre Fernandez has been promoted to President of the company, while continuing...
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Disney gained in fiscal Q1

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Revenues were barely higher in fiscal Q1 (October-December) for The Walt Disney Company, but earnings per share were up double digits. The company’s cable networks had a strong quarter, but TV was held back by...
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Verizon and Redbox launching challenger to Netflix

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Verizon and Coinstar, the parent company of Redbox, surprised everyone Monday (2/6) with announcement of a joint venture to deliver video entertainment to consumers. The...
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Facebook financials come out in IPO filing

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Facebook’s IPO filing 2/1 aims to raise $5 billion in what could be the largest-ever Internet IPO. The initial public stock offering values the social-networking...
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Hulu launching "Paul the Male Matchmaker"

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It’s a 10-episode original mocumentary series that launches 2/13 featuring guest stars from shows including "True Blood," "House" and "Arrested Development." It’s from Sex and...
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Analyst says media stocks are undervalued

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Michael C. Alcamo of M.C. Alcamo & Co. Inc. notes that media stocks have a sharp drop in multiples over the past two years – 32% as a matter of fact – and suggests that it represents a general lack...
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Candidacy/advertising rights dispute under review

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Anti-abortion activist Randall Terry says he is a bona fide Democratic candidate for President of the United States, and afforded all of the legal rights that accompany that status...
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FCC issues fine for website contest

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An FCC fine against six Clear Channel Los Angeles stations serves to affirm the FCC’s jurisdiction over contests that are conducted on a station website rather than on-air. Clear Channel’s primary defense was that the contest in question...
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Clear Channel, Bain Capital, Lee invest big in Ryan Seacrest

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Clear Channel and Ryan Seacrest Media (RSM), together with Clear Channel’s majority investors Thomas H. Lee Partners and Bain Capital, announced two new investment deals...
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Reluctant super PAC targeting House Republicans

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CREDO Mobile claims to hate super PACs, but since Super PACs are here right now for better or worse, and perhaps on the theory that...
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