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Radio flat, but TV boosts Q3 for SBS

Wall Street may not like Spanish Broadcasting System's move into television, but it was Mega TV that accounted for a 2% increase in Q3 revenues ...
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DirectTV says bye-bye to NYSE

Satellite TV company DirecTV announced that it will move its stock listing from the New York Stock Exchange to Nasdaq, effective December 3rd. Despite the ...
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Equity reports up quarter

Q3 revenues were up 5% to 7.5 million for Equity Media Holdings, and if you adjust for the sale of its former station in Portland, ...
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Strong quarter for Liberman

Radio was the growth center in Q3 for Liberman Broadcasting, and not just because of the stations it acquired in Dallas. The LA stations also ...
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Arbitron to buy back stock

Arbitron announced that its board of directors has authorized a stock repurchase program under which the company may buy back up to 200 million bucks ...
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Entravision may sell its billboards

Entravision Communications announced late yesterday that it has decided to explore "strategic alternatives" for its outdoor advertising operations and has retained Citi and Moelis Advisors, ...
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Big Ben gets transparent

Federal Reserve chief Ben Bernanke announced a move to provide more public disclosure of the inner workings of the Fed. Instead of issuing economic projections ...
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Revenues down for SWMX

Online media ad transaction platform company SWMX, operator of the SoftWave Media Exchange, reported that Q3 revenues fell to 321,930 from 632,579 a year earlier. ...
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Sumner pockets some cash

The Associated Press took notice this week when Sumner Redstone made an SEC filing showing that he had sold 503,529 shares of Viacom for nearly ...
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Interep posts positive quarter

In its quarterly report to the SEC, Interep showed Q3 operating income before depreciation and amortization of 13.8 million, as opposed to a loss of ...
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Stations BCF up double digits for ACME

The revenue side for ACME Communications in Q3 is a little hard to follow, since the company had so many balls in the air. Net ...
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DG FastChannel Q3 revenues up 34%

DG FastChannel, a leading provider of digital media services to the advertising, entertainment and broadcast industries, reported Q3 revenue of 25.1 million compared to 18.8 ...
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Classmates.com pulls IPO

Well, we won’t find out after all just how much Wall Street thinks the social networking craze is really worth. Citing “current market conditions,” Classmates ...
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Tribune settles with IRS

Tribune Company announced a settlement of its long-running tax dispute with the IRS. Tribune had appealed a 2005 US Tax Court decision disallowing the tax-free ...
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Social networking IPO this week

How much is Wall Street really willing to bet on the social networking craze? We’ll find out this week as Classmates Media Corporation prices its ...
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