Four dead in Aurora helicopter crash
The Sun-Times News Group reports three crew members and a 14-month-old were killed when a medical helicopter exploded and crashed into a field late...
Not everyone is downgrading
Radio stock prices have fallen so much recently that Boyle figures all of the negatives are now “baked in” to the trading prices of Cox Radio and Emmis. He’d downgraded both to “underperform” on
Downgrades galore for radio stocks
Goldman Sachs analyst Mark Wienkes is out with new financial estimates for the radio companies he covers – and properly calls the cuts “severe.” In his view, the radio industry is
Sovereign City partners with United Stations
Sovereign City Communications has reached agreement with United Stations Radio Networks to serve as its national sales rep. USRN will handle the national ad...
Quattro Wireless and Ford “Flex” mobile power
Quattro Wireless, a mobile advertising network, continues momentum for its premier mobile advertising network with today’s announcement of creating a brand preserved destination for...
Moody’s worried about radio
Citing worries about “significant revenue and cash flow deterioration” for the radio sector, Moody’s Investor Service has placed the credit ratings of three radio companies on review for possible downgrade
Sovereign City Partners with Vallie Richards Donovan Consulting
Taking another step forward in its national syndication initiatives, Sovereign City Communications announced its partnership with Vallie-Richards-Donovan Consulting, a firm with over four decades...
An expensive phone call
GAP Broadcasting has not admitted to any wrong-doing, nor is it being charged with any, in connection with FM Auction No. 70, but it...
Mel confident of refinancing
Sirius XM has to refinance over a billion dollars in debt next year. CEO Mel Karmazin insisted yesterday in New York that the satellite radio company will able to get that refi done, even in the current market.
KTU's “Goumba Johnny” to Ice Matt Lauer
The Friars Club crowned WKTU’s radio host Goumba Johnny Sialiano victor of the series …So You Think You Can Roast!? winning the opportunity to...
WW1 in talks to refinance 2009 debt
Ongoing fallout from the credit crisis could mean tough times ahead for media companies carrying heavy debt loads. Westwood One, according to Bloomberg, is in talks with banks and bondholders about
TargetSpot acquires Ronning Lipset Radio
Forming the largest, most diverse internet advertising radio network in the country led by pioneers in the field, TargetSpot, Inc. announced that it has...
CBS Radio cuts staffers in LA
Last Friday afternoon the pink slips were flying at CBS Radio in LA—some 22 from what we’ve heard. Especially hard hit were anchors, reporters...
Howard Stern loses listeners, sway on Sirius XM
An LA Times story says Howard Stern, the self-proclaimed King of All Media, has lost his crown. The shock jock's syndicated morning radio show
New Jersey files, too
As well, New Jersey AG Anne Milgram is suing Arbitron, charging its use of the "new, unaccredited system for measuring listenership harms minority consumers and violates New Jersey’s consumer fraud