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Retrans softens down quarter for Sinclair

Q2 revenues from continuing operations were down 1.4% to 161.4 million for Sinclair Broadcast Group, with local down 0.8% and national off 9.2%, primarily because ...
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Disney beats the Street, buys Club Penguin

The Walt Disney Company is entering the virtually world by acquiring Club Penguin for 350 million bucks. CEO Bob Iger says the online virtual reality ...
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Digital hot for Entercom

Entercom CEO David Field noted that revenues from digital operations (websites and such) nearly doubled in Q2 and, for the first time ever, amounted to ...
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Cox Radio on target

Cox Radio reported Q2 revenue growth of 0.7% to 118 million, meeting Wall Street expectations, with CEO Bob Neil hailing revenue growth in the company's ...
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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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Sirius reduced losses, outgrew XM in Q2

Sirius Satellite Radio says it ended Q2 with more than 7.1 million subscribers, growing faster than rival (and would-be merger partner) XM in both retail ...
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Moonves expresses confidence in Dan Mason

In several past quarterly conference calls, CBS Corporation CEO Les Moonves had praised the success of the "Jack" format for CBS Radio, but yesterday he ...
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Ion preferreds prefer to take the deal

After battling in court for a better deal, and being rebuffed by the bench in their efforts to block an exchange of preferred stock for ...
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Global Traffic Network sells stock

Having sold its IPO in 2006 at five bucks per share, Global Traffic Network has now priced an offering of 4.5 million additional shares at ...
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Belo beats expectations

Belo CEO Robert Decherd hailed the company's TV group for "continued outstanding performance," with Q2 revenues up 2.5% to 198.2 million, while newspapers were down ...
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Time Warner boosts dividend

Time Warner Inc. announced that its Board of Directors has approved management's recommendation to increase the company's regular quarterly cash dividend by approximately 13.6%, from ...
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Moody's may downgrade Cumulus

On the heels of Cumulus Media announcing a private equity buyout, which will likely boost its leverage, Moody's Investors Service has placed the company's ratings ...
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Strong results for Meredith

With its fiscal year running through June, a lot of the fiscal year that Meredith Corporation reported yesterday included the last political campaign cycle, so ...
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Google miss shocks Wall Street

Google shares dropped more than 6% at the opening Friday and recovered only slightly in trading, after the company's Q2 results issued after the market ...
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Ad slump for Journal Communications

Q2 revenues were down 4.3% at Journal Communications, blamed on weakness in classifieds for the newspaper business and soft auto advertising for broadcasting. TV was ...
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