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WALL STREET

Tough 2008 in store

That's what Lehman Brothers are saying. They expect gains of 3.7% to 310.8B in total advertising over 2007 (and they think this year will be ...
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NYT Co. dissident bails

Both the Wall Street Journal and TheStreet.com report that Morgan Stanley Investment Management (MSIM) has sold its entire 7.2% stake in the New York Times ...
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Tribune slides in October

The ink for the month of October was read at on-the-block Tribune Company. Consolidated revenues fell 9.3% to 383M. Publishing only suffered a 7.9% loss ...
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Arbitron reissues guidance

As a result of its decision to delay further implementation of PPM (see above), Arbitron is updating its previously issued guidance to reflect the resultant ...
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October down for Media General

Total revenues were down 11.8% at Media General to 97.1 million bucks. A lot of that was due to the broadcast division, where revenues fell ...
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Wall Street applauds Scripps split

Scripps shares jumped 8.6% on Tuesday after the company announced plans to split into two companies. The current E.W. Scripps Company will retain the newspapers ...
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DG prepares to raise cash

DG FastChannel has filed a shelf registration with the SEC to sell up to 3.5 million new common shares and up to 25 million bucks ...
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Bear Stearns analyst still a bear on radio

Bear Stearns analyst Vic Miller is out with new projections for 2008 - and he is not optimistic about radio, ranking the sector "Underweight" for ...
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Market reacts to dropped Hearst bid

The stock price of Hearst-Argyle Television declined 6% yesterday after Hearst Corporation dropped its bid to buy out public shareholders. Even so, the stock price ...
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Market reacts to dropped Hearst bid

The stock price of Hearst-Argyle Television declined 6% yesterday after Hearst Corporation dropped its bid to buy out public shareholders. Even so, the stock price ...
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Valuing the billboards at Entravision

Wall Street applauded last week when Entravision said it was looking into selling its outdoor advertising division (11/16/07 RBR #225). So, just what are those ...
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Tough sell for Univision Music Group?

Univision may end up getting less than expected from selling its Spanish record labels. The New York Post reports that bidders have been cutting their ...
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Up month for the Gray Lady

Radio is a tiny portion of the New York Times Company, so we don't know how WQXR-FM New York did specifically, but the overall company ...
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Hearst drops Hearst-Argyle bid

Hearst Corporation has abandoned its bid to buy out other shareholders of Hearst-Argyle Television for around 600 million bucks. The tender offer to buy out ...
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Up quarter for Nielsen

The Nielsen Company reported that Q3 revenues were up 11% to 1.19 billion. Part of that gain was from its media measurement businesses, including Nielsen ...
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