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LBI sells bonds

LBI Media, the parent of Liberman Broadcast, sold 228.8 million of 8.5% senior subordinated notes due 2017. The issue was recently rated B2 by Moody's ...
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Auto drags down McGraw-Hill TV

Q2 broadcasting revenues plunged 16% at McGraw-Hill to 26.8 million, with CEO Terry McGraw citing both the lack of political advertising and a sharp drown ...
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Scripps challenged by its own success

While old media companies, especially those with newspapers, have been out of favor with investors, Scripps has been a Wall Street darling in recent years ...
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Gannett boosts dividend

Gannett Company shareholders will see something extra in their next dividend check. The company's board of directors has increased the quarterly dividend by 29% to ...
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Arbitron by the numbers

Arbitron reported that Q2 revenues were up 6.6% to 79 million, right on target with the Thomson/First Call analysts' consensus. With outlays for the rollout ...
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Media General by the numbers

Media General reported that Q2 revenues rose 4.8% to 241.2 million. That gain was all due to the addition of four TV stations purchased from ...
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Newspaper and TV revenues down at Gannett

Adding two more TV stations offset an ad revenue decline at Gannett, but Q2 TV revenues were still down 0.4% to 205.4 million. On a ...
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Clear Channel resets record date

With time moving on for its proposed buyout by Bain Capital Partners, Thomas H. Lee Partners and the Mays family, Clear Channel Communications has again ...
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Westwood One dropped from index

As if Westwood One didn't have enough problems with Wall Street, its stock dropped yesterday after Standard & Poor's announced that WW1, which had ranked ...
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NBC Uni revenues down, profits up

That's certainly better than the other way around, although it is still best to have both up. As he reported double digit earnings growth for ...
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Moody's gives Sinclair an upgrade

Moody's Investors Service upgraded Sinclair Broadcast Group's 4.875% Convertible Subordinated Notes to B1 from B2 and its subsidiary, Sinclair Television Group's (STG)8.0% Senior Subordinated Notes ...
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Sillerman butler pays SEC fine

The former butler to media mogul Bob Sillerman has agreed to pay 66,180 to settle SEC insider trading charges. Graham J. Lefford had been accused ...
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Emmis by the numbers

International radio was the star of fiscal Q1 (March-May) for Emmis Communications, with revenues up a whopping 28.1% to 8.2 million bucks. In the conference ...
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BIA fund raises 195 million

BIA Digital Partners says its second private equity fund exceeded its 150 million bucks target and BIA Digital Partners II LP is now a 195 ...
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Emmis steps up this morning

The first report of the quarterly cycle comes today as Emmis Communications reports on results for its fiscal Q1 (March-May). But with the company-specific problems ...
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