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Give ’em credit

Equity Media Holdings announced that it had entered into a new credit facility with Silver Point Finance LLC and Wells Fargo Foothill Inc. If you ...
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Gains at Hearst-Argyle can't compensate for odd year

No elections to speak of in 2007? That knocked Hearst-Argyle, owner of 26 television stations and a pair of radio stations, for a 30.9M loop. ...
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CBS: Dividend is no joke

A 25 cent-per-share dividend is headed to common stockholders of CBS Corporation, says its Board of Directors. And there is still time to hop aboard ...
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Black and red at Entercom

In Q4 2007, radio group Entercom was able to increase net revenues 2% to $120.6M and increase station operating 6% to $52.1M. On a same ...
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Looking ahead at Radio One

Radio One honcho Alfred Liggins thinks his company has a 5M head start for 2008. That's because that's how much cash the company bled in ...
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Radio One thinks it's found the bottom

Urban radio specialist Radio One was in markets suffering an aggregate 5% loss in revenue during Q4 2007, and that's what it lost. But President/CEO ...
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Hearst-Argyle hops on the schedule

It's been a relatively quiet week for broadcasting on the quarterly conference call front, with just three companies -- Radio One, Fisher and Entercom -- ...
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Westwood shareholders approve CBS deal

Not that the outcome was ever in doubt, but shareholders of Westwood One have formally approved a new long-term arrangement with CBS Radio running through ...
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Journal boosts dividend

Wall Street may not like media stocks, but that isn’t stopping companies from rewarding their patient shareholders by increasing dividends. Journal Communications yesterday announced that ...
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Split Belo shares mixed in first day of trading

Belo Corporation, the TV company, and A.H. Belo, the newspaper company, began post-split trading today on the NYSE. Both were down for a while, but ...
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Ion ends public trading

CIG Media (Citadel Investment Group) long ago acquired almost all of the common stock of Ion Media Networks, but trading in a few shares has ...
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Split Belo assigned to two indices

Standard & Poor’s announced changes to two of its market indices to deal with the split of Belo Corporation into two separate publicly traded companies. ...
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Disney earnings down, but beats the Street

Like other big media company CEOs, Disney’s Bob Iger told analysts in his quarterly conference call that the WGA strike has had no significant impact ...
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Lincoln Financial posts down quarter

Lincoln Financial Group reported that Q4 net income was 113 million, or 42 cents per share, down from 381 million and EPS of 1.36 a ...
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Meredith boosts dividend

The board of directors at Meredith Corporation has approved a 16% increase in the company’s dividend. The quarterly dividend payout will increase by three cents ...
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