CC Outdoor teams with FBI for “Most Wanted Messages''
Clear Channel Outdoor announced an agreement with the FBI to display “wanted” messages on all of its digital billboards across the country. This national...
Talkers develop tunnel vision
"With the first serious tallies of the 2008 campaign looming large on the horizon, it's going to take a major cataclysm to oust campaign...
Best rumor of 2007
Don’t tell anyone, but we hear that Sam Zell has had talks with Thomas H. Lee Partners and Bain Capital about the possibility of...
The year of yearning to go private
It seems most CEOs of publicly traded broadcasting companies wished in their hearts to leave Wall Street and go private in 2007. Of those...
News Corporation Sells 8 Television Stations
News Corporation announced today that it will sell eight of its owned-and-operated FOX network affiliated television stations to Oak Hill Capital Partners for approximately $1.1 billion in cash.
Sinclair goes shopping
In yet another investment outside broadcasting, Sinclair Broadcast Group announced that it had purchased, through an 80% owned subsidiary LLC of Sinclair Investment Group...
Local TV ties up with Tribune
Although yesterday’s announcement from Tribune Company refers to Randy Michaels as “formerly CEO of Local TV LLC,” he really isn’t separating from the company...
Credit stress not as bad as a few years ago
For all the hand-wringing on Wall Street and in Washington about tight credit, Moody’s Investors Service says the credit quality of North America’s non-financial...
Tribune Broadcasting staffers, meet your new boss
This classic photo of Randy Michaels was taken during the Jacor era, when Randy sought to enliven an NAB Radio Show panel discussion by...
Downgrade for Radio One
Moody's Investors Service said it had downgraded Radio One's Corporate Family Rating to B1 from Ba3 and its 800 million bucks secured credit facility...
The Zell era begins at Tribune
The electronic transfer of 4.2 billion bucks borrowed from a team of banks took place yesterday and Tribune Company became a private company, owned...
So which markets are in the top 20
Here, courtesy of Nielsen Media Research, via the Associated Press, are the Top 20 DMAs, where -- at least for the time being --...
Big November drop for Journal
Without much political advertising this year, TV revenues dropped 26.3% in November at Journal Broadcast Group to 11.46 million. The company said a 5.13...
FitzSimons a short-timer; Michaels on deck
Tribune Company CEO Dennis FitzSimons announced that he will exit the end of this month as the company goes private. There is no official...
FCC approves top-20 cross-ownership
FCC Chairman Kevin Martin got his 3-2 party-line vote to eliminated the cross-ownership ban in the top 20 Nielsen DMAs. A newspaper owner will...