2009 advice: Keep overhead low and hang on
Don’t look for a recovery in 2009. Rather, Wachovia Securities bond analyst Bishop Cheen told RBR/TVBR in a recent interview, 2009 is going to...
GE stock offering priced
A $12 billion offering of new stock by NBC Universal parent General Electric was priced Thursday morning at $22.25 per share. That’s below Wednesday’s...
Minnesota polling stations: The final frontier
ABC, CBS, Fox, NBC, CNN and the Associated Press are banding together to eliminate the last state in the union that restricts their ability...
Who do you trust?
Credibility is stock in trade for journalists, and a new study commissioned by a newspaper/online information provider found that broadcasters are among the most...
Newspapers staggering under debt loads
The Minneapolis Star Tribune skipped a debt payment this week. That’s just one manifestation of the impact of tight credit and declining revenues for...
Have You Hugged Your Radio Broker Lately?
I am not sure who needs the hug more. Is it the station owner who is living through some very difficult operating times coupled with declining station cash flow
No lending, no deals, M&A on hold
When CBS Corporation announced plans to divest about 50 radio stations, the company indicated that talks were already underway and deals could be announced within 30 days. That was 64 days ago
Webcaster Settlement Act headed for White House
Negotiations between web streamers and SoundExchange will be allowed to continue, as the Senate seconded the House on a bill to extend the deadline...
New battles in the new frontier require new strategies
If you missed the webinar, What’s a website worth? Valuation Metrics for Local Websites, conducted today by the team at Borrell and Associates along...
Bailout trumps the election again
For the second week in a row, the major troubles afflicting the US financial system outdrew attention from the media, which has spent most...
Consumer confidence ticks up?
The Conference Board seemed a little surprised that it found in increase in confidence when it took consumers’ economic temperature for September. Of course,...
IGA Worldwide signs PlayStation3 ad deal
IGA Worldwide, an in-game ad network, announced a multi-year agreement with Activision Publishing to deliver dynamic in-game advertising into multiple video game titles on...
Gag order struck down
A three-judge California appeals court panel has ruled unanimously that the order by a trial judge barring the Orange Country Register from publishing stories...
News that can’t be published
In an unprecedented move, a California judge has barred the Orange County Register from publishing any news stories about testimony in a lawsuit against the newspaper and its
Circuit City still taking on water
It’s not like Q2 2007 was anything to write home about. It wasn’t – consumer electronics retailer Circuit City lost $62.8M back then. But...