WALL STREET
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 ...
More 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 ...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 ...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 ...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 ...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 ...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 ...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 ...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 ...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 ...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 ...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 ...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 ...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 ...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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BY THE NUMBERS
POPULAR
- Radio’s Mojo
- Jerry Lee puts his money where his Cume is
- On radio groups possibly pulling back on licensing for AM HD
- Upping HD Radio signal strengths
- SBS launches “La Raza 106.3” in Miami
Dave Garland
on
02 July, 2008 08:00:25
Mischief...you bet!
There will be someone or some entity that will see this as a possible revenue generating source. They will front buyers to file ...
Pocket Radio
on
27 June, 2008 09:43:35
"HD Radio spinners claim a breakthrough year: Pulling a fast one"
"According to a press release from the Alliance 330,000 HD receivers were sold last year. ...
Frenchy McGruder
on
25 June, 2008 11:44:00
AM HD radio is DOA. It will eventually be written in broadcast history books as perhaps the most overrated, unneeded and underperfoming "advancement" in the ...
Pocket Radio
on
25 June, 2008 09:21:48
"Germany flicks off-switch on DAB"
"Part of the problem is that analogue FM never went away and most people didn't seem to care for the clear ...
Pocket Radio
on
25 June, 2008 09:11:05
"Editorial: More Than Half Full"
"AM-HD continues to fight uphill. Several manufacturers showed impressive new transmitter models designed to optimize and maintain HD performance. Yet the ...