Arbitron revises post-Apollo outlook
A day after pulling the plug on Project Apollo (2/26/08 RBR #39), Arbitron issued revised guidance to investors. The company said it still expects...
CBS “not seeing a recession”
That declaration came from CBS Corporation CEO Les Moonves in his quarterly conference call with Wall Street analysts after the company reported Q4 revenues...
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...
Young faces Nasdaq delisting
Since its stock price has been below a buck for over 30 consecutive days, Young Broadcasting has received a delisting notice from the Nasdaq...
One less afternoon newspaper
For the second time in recent months, E.W. Scripps Company has shut down a struggling afternoon newspaper. The Albuquerque Tribune published its last issue...
Clear Channel TV sale reportedly resolved…almost
There’s no official confirmation yet from either side, but both the Wall Street Journal and New York Times websites reported yesterday that Clear Channel...
Saving Radio? This reader thinks that is the wrong approach
EXCELLENT content! Wrong title! When you get the mindset you are in it to save it you play to "not lose." When you are...
PTC's Dear FCC letter
Perhaps a moment of indecency took place in the electromagnetic spectrum surrounding your very own home, but you didn't notice because you were watching...
Arbitron, Nielsen shutter Project Apollo
Arbitron and The Nielsen Company announced they have terminated the development of “Project Apollo,” the proposed single-source, national research service measuring consumer purchase behavior. ...
Media General buys DealTaker.com
Media General surprised Wall Street yesterday with a deal to acquire DealTaker.com, described as an “online social shopping portal that offers consumers a broad...
Watchdogs respond to recent indecency actions
Regarding fines on just now levied against ABC and Fox for shows that aired back in 2003, network-sponsored TVWatch says that the FCC is...
Saving Radio, Pt 2
Friday we viewed five topics--one of which is seeing radio under a larger umbrella. If you want to fix the box then think outside of it with technology and the internet.
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...
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...
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...