Summit City sale closes in Ft. Wayne; Adams flips stations

Summit City Radio Group, LLC has closed on the sale (6/3) of its radio cluster in Fort Wayne, IN to

MoffettNathanson: Charter doing fine as a standalone

Charter Communications may have failed to strike a merger deal with Time Warner Cable, but it's doing
U.S. Congress

Politico questions lawmakers’ PSA connection with LRFA

NAB’s practice of letting members of Congress record PSAs for free could be serving another purpose

A solution to Pandora’s financial woes?

As we’ve said before, unless Pandora can get a better royalty deal for the songs that are played, the only way
Sirius XM

Sirius XM at the BofA Merrill Lynch Telecom and Media Conference

Seeking Alpha provided a transcript of Sirius XM Holdings Q&A session

Tom Rounds passes at 77

Tom Rounds, Founder and CEO of Radio Express, and producer of the original hit countdown show, American Top 40 With Casey

Marketron unveils Marketron Mobile and Interactive Idea Vaults

Marketron, provider of business software solutions for the media
NAB / National Association of Broadcasters

FCC publishes Incentive Auction Report & Order

In response to the release of the FCC's broadcast spectrum incentive auction order 6/2, NAB EVP
Sprint

Sprint praises radio-enabled cellphones during natural disasters

Here’s part of a press release from Sprint regarding preparations it
Google

Google to launch 180 satellite for global internet service

Google is planning to launch a fleet of 180 satellites to provide web access for the 4.8 billion people not yet
Debmar-Mercury

Gannett, Debmar-Mercury strike programming partnership

Gannett Broadcasting and Lionsgate-owned Debmar-Mercury have formed a partnership to develop, produce

Viacom investor loses appeal on Redstone’s salary

Viacom investor Robert Freedman has lost a bid to revive a lawsuit claiming Chairman Sumner
DirecTV

DirecTV, AT&T hit with class-action suit over merger

Less than two weeks after AT&T and DirecTV announced their $48 billion-plus merger, a shareholder has filed
Gannett

Gannett stock up on bullish Barron’s report

Shares of Gannett were 2.5% higher to $28.47 after a bullish piece in Barron's made the argument

Bloomberg taps Paul Caine

Bloomberg Media Group CEO Justin Smith announced Paul Caine, former WestwoodOne CEO, will join Bloomberg as Global Chief