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DG FastChannel raising cash

Lenders have stepped up to the plate to provide DG FastChannel with new senior debt facilities totaling 145 million bucks. The lending consortium was arranged ...
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Lenders give Cumulus buyout thumbs up

Cumulus Media said in an SEC filing that members of its lending group holding more than 50% of its debt have given their consents to ...
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Q4 down quarter for Gray

Gray Television had some changes in its station portfolio from one year to the next, so Q4 revenues on an "as reported" basis were down ...
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Debut makes its debut

Yesterday marked the first quarterly Wall Street conference call for Debut Broadcasting, which just this week announced the purchase of its sixth and seventh radio ...
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Moody’s turns negative on Univision

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RBR/TVBR wasn’t the only one to notice that Univision is coming up well short of its projected 500 million bucks from divestitures. Moody’s Investors Service affirmed its debt ratings for the Hispanic media giant, but changed its rating outlook to negative....
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Asset sales continue at Univision

No one was using 500 million as a target for asset sales in yesterday’s Univision quarterly conference call. The newly private company, which still has ...
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Clear Channel extends tender

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Some folks on Wall Street got excited last week by a rumor that the 26.7 billion bucks deal was going to closing on Thursday. That didn’t happen. ...
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Regent topped industry, sees quarter getting better

Smaller markets have been outperforming the big ones, so Regent Communications CEO Bill Stakelin was happy to report that his company outperformed the radio industry ...
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Cox Radio posted gains in 2008 and Q4

Cox Radio CEO Bob Neil has stuck to his guns, refusing to add inventory or push shorter spots, and his contrarian result is that net ...
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Split cleared by IRS

The E. W. Scripps Company says it has received a private letter ruling from the Internal Revenue Service confirming the tax-free status of the company's ...
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Salem ahead of expectations, but tough sledding ahead

Salem Communications reported Q4 revenues of 59.1 million, down only 0.2% from a year ago and better than the 58 million projected by the Thomson/First ...
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Separation complete – Westwood One stands alone

Westwood One announced after the stock markets closed Monday that it had closed its transactions with CBS Radio to end CBS management of WW1, but ...
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Declines posted by Entravision

Even the Hispanic media sector has not been spared from the soft ad market. Entravision reported that Q4 revenues were down 2% to 62.5 million, ...
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New Belo announces first dividend

Belo Corporation announced its first dividend payment since the company was split in two earlier this month, with a new newspaper company split off and ...
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Entravision selling billboards

Entravision Communications says it has a deal to sell its Outdoor division to Lamar Advertising Company for 100 million in cash. Entravision's outdoor advertising operations ...
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