Its shares on Thursday morning were $4.72 below its 52-week high. The 24-month trend is rather bleak. That didn’t stop Beasley from declaring a quarterly cash dividend.
This column, says Media Information Bureau columnist Ken Benner, is respectfully dedicated to the memory of the thousands of innocent worldwide terrorism victims and to those who will continue to suffer the same fate as these horrific practices continue to escalate.
Sinclair Broadcast Group and Nexstar weren't the only media companies to experience sharp declines in share value on Wednesday. In fact, only Entravision, iHeartMedia, and Tribune Media saw gains as general indices sailed southward.
As anticipated, Nielsen Audio has moved forward with the launch of continuous diary measurement -- a move designed to provide advertisers and radio broadcasting companies with more reliable data based on what diarykeepers state on paper they are listening to when seeking audio entertainment and information.
In the words of the late, great Harry Caray, "It might be ... it could be ... it is!" could be coming within minutes, if not hours, of the distribution of this news story. Everyone says CBS Corporation's long-rumored and much-expected merger with Viacom is ready for public knowledge.
In late May, the radio broadcasting company owned by Kirby Confer and Donald Alt and managed by President/Manager Lynn Deppen grabbed a formidable group of stations across...
NYF’s Television & Film Awards honors storytelling across all platforms and the competition upholds its 62-year legacy of celebrating exceptional content created around the globe.
On July 18-19, the Arkansas Broadcasters Association celebrated its 70th year as a trade association for broadcasters operating in the state. One of the keynote speakers was FCC Commissioner Mike O'Rielly, who shared with the friendly crowd what he's heard from broadcasters across the U.S.
As of 2am Eastern on Saturday, July 20, a litany of subscribers to AT&T-owned DirecTV and U-Verse went into a frenzy. AT&T will be to blame for many. For other furious subscribers, finger-pointing will be directed at the media company rumored to be weeks away from a reunification with Viacom.
An additional 24 hours of negotiations couldn't prevent what DISH Network was forced to do, by law, at 7pm Eastern on Tuesday. With the flick of a switch, local TV stations owned by Meredith Corp. in 12 DMAs including Phoenix, Nashville and Atlanta were blocked by DISH.
Connoisseur Media has just completed a management buyout in which members of management will now own substantially all of the company.
Montana's oldest radio station has been given new life, after nearly a decade of questions surrounding its ability to remain alive. The new licensee is led by Wayne Ferree, and his new radio broadcasting company will see this Class B serve as the cornerstone of his operation.
At 95.3 MHz in South Carolina's capital city, WFMV-FM serves Columbia as its "inspiration station," offering a mix of Black Gospel programming over its Class A 6kw transmitter. Now, a change of ownership is on the way. But, no change in programming is anticipated.
An immensely popular TV meteorologist is no longer delivering live reports from West 67th Street and Columbus Avenue starting at 4:30am each weekday. Instead, he is settling into the Program Director chair at a radio station facing Upper Sag Harbor Cove in a placid corner of Long Island, N.Y.
On behalf of everyone at Streamline Publishing and the Radio + Television Business Report, we wish you and your family a safe and festive Independence Day holiday. The RBR+TVBR daily headlines email returns Monday with fresh news and insight for broadcast media's business leaders.