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Aggressive buyer for Westwood One stock

What's going to happen to Westwood One? Will it complete its renegotiation with CBS Radio and then, as many on Wall Street believe, put itself ...
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And staffers worried about Rupert?

An SEC filing for the pending 5.6 billion purchase of Dow Jones & Co. by News Corporation confirmed what we had all guessed - that ...
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Credit crunch claims another victim

According to a report in the Wall Street Journal, the tight credit markets have at least postponed an attempt by the Hoiles family to buy ...
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RRsat reports record Q2 earnings

Israel-based RRSat Global Communications Network Ltd., which trades on Nasdaq at RRST, reported that Q2 revenues were up 42.6% to a record 14.7 million. Adjusted ...
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CBS schedules its dogs and ponies

Multimedia giant CBS Corporation has become one of the first to schedule its Q3 2007 revenue results conference call. They'll release the numbers and open ...
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Media General, Journal suffer July reversals

The immediate prospects for two broadcasting companies that are also heavily invested in the newspaper business are not good, the way print has been going ...
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Publicis exits the NYSE

Come September 27th, you won't be able to find a price quote for Publicis Groupe on the New York Stock Exchange. The Paris-based ad agency ...
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Revenues down for SWMX, but so are losses

SWMX reported that Q2 revenues were down 100K to 600K, which was attributed to a change in strategy for the company, which operates SoftWave Media ...
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Credit markets have CEOs worried

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Confidence in the US economy continues to slide, according to the latest Vistage CEO Confidence Index. Chief executives of small- and mid-sized businesses are becoming ...
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Icahn knows how to play the spread

Carl Icahn may be known as a corporate raider, but he is also an arbitrageur. With Clear Channel's stock trading well below the price of ...
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Regent fires back

After being sued last week by Riley Investment Management, which is trying to force a special shareholders meeting (8/10/07 RBR #156), Regent Communications has now ...
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Moody's assesses potential recession impact on media

Moody's Investors Service says many major US media companies, such as Viacom, Time Warner, Comcast and Cox Communications, should hold up pretty well if the ...
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DG FastChannel completes GTN buy

DG FastChannel has completed its previously announced buy of GTN, Inc., for 11.5 million. Based in Detroit, GTN serves the ad community through a range ...
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Wall Street not surprised by CBS

Wall Street traders and analysts greeted the increased dividend and stock buyback announcement by CBS with a big yawn. It had little effect on the ...
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CBS raises dividend again

CBS Corporation has only been an independent public company for a little over 20 months, but it has announced the 5th increase in its dividend. ...
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