Welcome to RBR's Daily Epaper
Volume 23, Issue 73, Jim Carnegie, Editor & Publisher
Thursday Morning April 13th, 2006

Radio News ®

Group offers 1.10 per share for Interep
Interep's long languishing stock price stock shot up to 88 cents at one point yesterday after Oaktree Capital Management went public with an offer to buy the company for 1.10 per share, a 439% premium to Tuesday's closing price of 20 cents. But saying it is frustrated by months of negotiations, Oaktree has given Interep's board of directors a deadline of April 21st to act on the 14.3 million bucks offer. Oaktree is Interep's largest bondholder, which gives it leverage to rework the company's 100 million in debt if it gets control. It was exactly a year ago (4/18/05 RBR #76) that Oaktree began a push to reorganize the rep firm and replace Ralph Guild as CEO. Although Interep's management and board resisted, Oaktree insisted that it was not attempting a hostile takeover, but rather was seeing a restructuring which would be better for Interep's shareholders, employees and clients (5/16/05 RBR #96). Despite the public rancor, the two sides obviously found their way to a negotiating table and Oaktree put a bid of 75 cents a share on the table. That was negotiated up to 1.10, but Oaktree now complains that there's been no action since it completed its due diligence and said it was ready to sign a contract last December 13th. It's now told Interep's board of directors that it wants a deal by a week from Friday (April 21st) or its pulling the buck-ten offer off the table.

RBR observation: Things have been improving (other than its stock price) for Interep since Oaktree first went public with its call for Guild's ouster and a restructuring. Business has improved in the radio rep business and Interep has made its first foray into TV representation with Azteca America Spot Television Sales. But balance sheet issues remain. Interep sold its IPO at 12 bucks a share in December 1999 and the stock traded for a while above 13, but it long ago dropped into penny stock territory. With a stock that's been trading for two bits or less on the pink sheets, Interep's directors are going to be under pressure from shareholders, many of whom are Interep employees, to take the cash.
| Read the letter from Oaktree |

Interep says no to buyout bid
"We're willing to talk to anybody," says Interep CEO Ralph Guild, but he and the company's board of directors are not accepting the 1.10 per share buyout bid by Oaktree Capital. Guild notes that Interep's 100 million in bonds have been out for more than seven years and the company has never missed a payment - - and that Interep will have no problem making the twice annual payments of five million bucks to Oaktree and other bondholders. "We have more than enough money to do that," Guild noted. "There's more to a contract than the price," Guild said when RBR/TVBR asked why the Interep board had backed away after signing the letter of intent for Oaktree's bid of 1.10 per share. "And there are other conditions that they are demanding that we're not willing to meet," Guild continued. Just what those conditions were he declined to say. He also declined to comment on what price tag would be acceptable, but noted that Interep has retained an appraisal firm to value the company for the board. "That is the value. That doesn't mean that we're willing to sell it for that," Guild added. Interep is still talking to other parties about making equity investments in the company, but Guild noted that, unlike Oaktree, the other firms prefer to keep their talks private.
| Read Interep's official response to Oaktree's latest letter |


Deal or no deal?
Howie Mandel won't be getting involved, but it appears a bunch of lawyers will be. News that Starboard Media has a 14 million bucks deal to buy WLIE-AM on Long Island (4/12/06 RBR #72) has its current programmer crying foul. Business TalkRadio Network, which LMAs WLIE, says that LMA includes an option to buy the station. "We regret that Stuart Henry has chosen to sell the station out from under us. Our attorneys are reviewing the matter," said Business TalkRadio Network Exec. VP Jeff Weber. He declined to comment further on the terms of the option. Long Island Multimedia head Stuart Henry acknowledges that Business TalkRadio Network had an option to buy WLIE, but the operative word is "had." He told RBR: "The Business Talk Radio Network had an option to purchase Long Island Multimedia's radio station license. It had to exercise that option within a specified time period. However, the Business Talk Radio Network did not exercise that option and, as a result, the option has expired."

CEA and NAB denounce
California DTV regulation

The National Association of Broadcasters (NAB) and the consumer Electronics Association (CEA) don't always see eye to eye, but they've united to oppose a mandatory regulation for DTV adapters announced by the California Energy Commission (CEC). NAB and CEA say the energy consumption limits are based on faulty data and don't even take into account the huge energy savings from TV stations shutting down their analog transmitters. According to a joint statement from CEA President and CEO Gary Shapiro and NAB President and CEO David Rehr, California will, in fact, give up more than 1.6 million bucks in energy savings for each month that the DTV transition is delayed. And if the Golden State goes ahead with its own stricter rules for DTV converter boxes, as it already does with automobiles, California residents will have to pay more for the converters - - once someone actually manufacturers them.
| Read More... |

RBR observation: Sound like a rerun of California's brilliant electric power "deregulation" that, instead of reducing prices, led to price spikes and occasional blackouts. Is there no end to bureaucratic stupidity in this state?

Legal eagles hold forth: Children's television rules
The law form of Womble Carlyle Sandridge & Rice PLLC has kindly made available letters written for the benefit of their clients to RBR/TVBR so that you too can benefit. As they are careful to remind all readers, the documents are "...provided for general information purposes only and should not be relied upon as legal advice." We would further advise you not to use them as a basis for prognostication (political, financial or otherwise), active litigation, or the placement of wagers. Today's topic: Children's television rules
| Read the report here |


Ad Business Report TM

Jack Klues, Publicis Groupe
Media Chairman and CEO

(from March's RBR/TVBR Solutions Magazine)
Appointed to the position in 2005, Jack Klues sits atop two of the most powerful media services networks in the world - - Starcom MediaVest Group (SMG) and ZenithOptimedia - - spending some 23 billion dollars globally each year. Big-name clients include Proctor & Gamble, General Motors, Sara Lee, Disney, Sprint, Bristol Myers-Squibb, Avon and Coca Cola. Jack helped found SMG in 2000 and quickly led the network to a market leading position as its CEO. He invested early in a broad spectrum of niche services at SMG including Relay Sponsorship and Events Marketing, Tapestry (multicultural), Halogen Direct Marketing, SMG Entertainment, SMG IP (Internet) and SMG Directory Marketing. As technology continued to advance, Jack extended SMG's roster of specialized services to include Play (gaming), Digits (wireless comm.), Reverb (viral marketing) and TV 2.0 (revolutionary television platforms). Klues drove the formation of an entirely new media function called "Consumer Context Planning", which uses consumer insights to better understand how best to interact with a brand's target audience. Pioneered inside SMG's own GM Planworks - - the dedicated planning unit of General Motors - - Consumer Context Planners have been integrated into media planning teams throughout the SMG network.
| Read More... |

Martin|Williams gets creative nod for Revlon's hair biz
Martin|Williams Advertising, Minneapolis, has been hired by Revlon (as the creative agency for the company's hair business. "We were able to create the relationship with Revlon on the merits of some big ideas and unique, original creative work," said Tom Moudry, CEO and chief creative officer, Martin|Williams. "The Revlon brand has tremendous equity with consumers, and we're thrilled to have the opportunity to partner with Revlon to help communicate the full strength and innovation of the brand's growing hair business." According to Debra Dowd, vice president of marketing for Revlon's hair business, "Martin|Williams came into the agency review and really impressed us with some breakthrough and memorable ideas and work. They clearly demonstrated an understanding of what resonates with our consumer and how to reach her in new and interesting ways. We look forward to working with the Martin|Williams team." Revlon joins an agency client list at Martin|Williams that includes national brands such as Payless ShoeSource, Lincoln Financial Group, Cargill, The Coleman Co., and Marvin Windows and Doors.

GolTV inks deals
for World Cup coverage

With World Cup fever beginning to spread, and GolTV's programming leading up to the big event coupled with its 24/7 commitment to everything soccer, advertisers have taken notice that according to Nielsen coverage estimates, GolTV's distribution among Hispanic TV households has increased over 180% from this time last year. Volkswagen and adidas have renewed and increased their commitments with GolTV. For its part, Volkswagen has also decided to take full advantage of the channel's package focusing on World Cup related programming. "For us, GolTV has become a proven platform to showcase our Brand. We see the channel as an excellent way to captivate this elusive male target. Expanding into the World Cup programming will only enhance our presence and help Volkswagen make a meaningful connection with this target," said Ayana Waddell, Brand Marketing Specialist at Volkswagen of America. Other major advertisers are also on board, including: Frito Lay, Dodge, Western Union and Gatorade.

Grey Entertainment now MediaCom
WPP's LA-based Grey Entertainment announced it will adopt the MediaCom name.


Media Markets & Money TM
News Press & Gazette climbs Pikes Peak
After nearly 60 years in broadcasting, the Hoth family is selling its AM radio station and TV stations in Colorado to News-Press & Gazette Company. "After the sale, KRDO will continue to be operated by a family-owned company solidly committed to local news and dedicated to support of the communities it serves," said Pikes Peak Broadcasting Chairman Harry Hoth in announcing plans for his family to sell the stations. The Hoths put KRDO-AM on the air in 1947 in Colorado Springs. TV came along in 1953 when KRDO-TV (Ch. 13) signed on in time to broadcast the World Series. A second market was added in 1979 when KJCT-TV (Ch. 8) signed on in Grand Junction. Both TV stations are ABC affiliates. The deal negotiated by Kalil & Co. includes KRDO-AM, plus an LMA of KSKX-FM Colorado Springs, but the Hoths will retain KRDO-FM. With the acquisition, News-Press & Gazette, headed by President David Bradley, will have TV stations in seven markets and radio stations in two (the current one is Palm Springs, CA).

RBR observation: The sale price wasn't immediately disclosed and the paperwork hasn't yet been filed at the FCC. However, looking at BIAfn revenue estimates for the stations, our back of the napkin calculation comes to a sale price around 50 million.

Susquehanna closing set for May
Cumulus Media says the 1.2 billion bucks acquisition of Susquehanna Radio by Cumulus Media Partners should close in May. The deal was announced last Halloween (11/2/05 RBR #214), with Bain Capital, The Blackstone Group and Thomas Lee Partners joining with Cumulus Media to create the new partnership, Cumulus Media Partners, to acquire the Susquehanna stations, with Cumulus Media contributing its existing stations in Houston and Kansas City to the partnership. Cumulus Media will run the partnership.


Washington Media Business Report TM
Shhh! Don't tell anyone
Concerned about possible bidding collusion, the FCC has decided to change the rules for its next spectrum auction. Auction #66, beginning June 29th, will concern 1,122 Advanced Wireless Services (AWS) licenses. That has nothing to do with broadcasting, but the rule change is worth watching, since the Commission could decide to change its rules for all types of auctions. Under the new rules for the AWS auction, the FCC has decided that, "unless a certain threshold level of likely competition among bidders exists before the bidding begins, as indicated by the level of upfront payments made by prospective bidders," it will not make the following information available until after the close of the auction: (1) bidders' license selections on their short form applications (Form 175); and (2) the identities of bidders that placed bids in each round, as well as other information on bidder activity and eligibility. All four sitting Commissioners agreed to the rule changes. Chairman Kevin Martin said the action "is part of our continuing efforts to ensure the integrity of our auction processes." Commissioner Michael Copps said the move to anonymous bidding rather than transparency "gives me some pause," but he went along anyway. "I am very troubled by the impact of this decision on small companies," said Commissioner Jonathan Adelstein, who also went along. He said he was told that the blind bidding would protect small companies, but noted that he's hearing the loudest complaints about the change from small companies. New Commissioner Debi Tate said the changes taken "strikes the right balancing of interests."


NAB Day Time Planner

The following will be attending the NAB.
Call or email to make your
appointment in advance.

EQUIPMENT
Les Kutasi, Sales Manager; Stainless, Booth #C2447, 215-631-1313, [email protected]

BROKERS
Todd Fowler/David Reeder/Gene Ferry, American Media Services, Bellagio,
843-972-2200, [email protected],
[email protected], [email protected]

Cliff Gardiner,
Clifton Gardiner & Company,
303-758-6900, The Wynn Hotel, [email protected]

Andy McClure/Dean LeGras,
The Exline Company, The Wynn Hotel,
415-479-3484, [email protected]

Frank Boyle, Frank Boyle & Co., LLC, Hilton Grand Vacations Villa,
702/765-8300, [email protected]

Gordon Rice, Gordon Rice Associates,
843-884-3590, Treasure Island, [email protected]

John L. Pierce, John Pierce & Company LLC, Mirage Hotel,
859-647-0101, cell
859-512-3015, [email protected]

Jamie Rasnick,
John Pierce & Company LLC, Mirage Hotel,
859-647-0101, cell 513-252-1186, [email protected]

Dick Kozacko/George Kimble,
Kozacko Media Services, The Wynn Hotel,
office 607-733-7138,
cell 607-738-1219,
[email protected]

Elliot Evers/Brian Pryor/
Adam Altsuler/Tim Beach

Media Venture Partners, LLC, 415-391-4877,
[email protected], [email protected]

Larry Patrick/Greg Guy, Susan Patrick
Patrick Communications, Bellagio,
410-740-0250, [email protected]

Glenn Serafin,
Serafin Bros., Aladdin Hotel,
office 813-885-6060,
cell 813-494-6875, [email protected]

LAWYERS
Gregg P. Skall
Womble Carlyle Sandridge & Rice, PLLC 202-857-4441, Wynn Hotel [email protected]

SALES
Regional Reps Corp.,
Broadcast Sales Representatives,
Stuart J. Sharpe, 216.535.3975, [email protected],
Gail F. Lawing, 404.504.7030
[email protected],

Internet Media Business Report TM
Sirius' streaming website sees huge growth
Nielsen//NetRatings announced today that Web traffic to Sirius Satellite Radio grew an impressive 188% year over year, increasing from 666,000 unique visitors in March 2005 to 1.9 million in March 2006. Concurrent with Howard Stern's January 2006 debut, Sirius Satellite Radio's Web site traffic surpassed XM Satellite Radio's Web site traffic for the first time, drawing 2.3 million unique visitors compared to XM's 1.6 million. Sirius continued to outpace its primary competitor online in February and March. Nevertheless, XM Satellite Radio saw strong year-over-year growth as well, climbing 47%, from 1.2 million unique visitors last March to 1.7 million in March of this year. "The satellite radio market is enjoying vibrant growth, due to increasing interest among first time subscribers," said Jon Gibs, senior director of media, Nielsen//NetRatings. "While Sirius has seen significant growth specifically due to Howard Stern's programming, both services benefit from individuals going to their site, not just to sign up for service, but also to listen to content while they are without their players." In addition to growing Web traffic, both Sirius and XM are enjoying increased consumer loyalty, due to streaming online content. In March, Sirius and XM saw an average of 3.5 and 3.7 sessions per person, respectively. This return visitation rate places the Web sites of these satellite radio providers on par with other popular streaming audio sites, including Rhapsody, Clear Channel Music Radio Network, and MSN Radio. The average time spent per person at the SIRIUS site was nearly 15 minutes. At XM, it was just over 13 minutes. At work, satellite radio subscribers are especially likely to access streaming content online, where broadband penetration is nearly 90%. For Sirius, 44% of users logged in to access a media player for streaming content; for XM, it was 27%.


One On One
David Landau, Dial-Global
Co-President/CEO

(from March's RBR/TVBR Solutions Magazine)
This March commemorates David's thirty years in the radio ad sales business. His reputation now stands as one of the key deal-makers in the network radio marketplace, and his success in creating shareholder value for his partners and shareholders has earned him a solid position in the industry. Among his larger titles leading to Dial-Global, David was the original partner of Multiverse Network, which launched the Dr. Laura program; and the President of Unistar Radio Networks. Since David and his partners, Ken Williams and Spencer Brown, launched Dial Communications-Global Media out of the Winstar ashes in 2001, the business has grown to include representation for Talk Radio Network, Rick Dees, Jefferson-Pilot, Sporting News Radio, Multi-Net Networks, Fox News, John Tesh, and it enjoys working relationships with all the major radio groups. Dial-Global has also developed number one-rated RADAR networks via prime, targeted inventory. Here, David discusses his views on the rep business, radio's place in the advertising arena, and what's in store for the future.
| Read More... |


Transactions
125K KCUB-FM Ranger TX from Reese Broadcasting LLC (Marilyn Reese) to Back to Roots Inc. (Harry Bradberry, J.D. Evans, Steve Ross). 5K deposit, balance in cash at closing. [File date 3/24/06.]

20K KDAN-AM CP Beatty NV from Eastern Sierra Broadcasting (Chris Kidd) to Radio 1240 LLC, a subsidiary of Legacy Communications Corp. (E. Morgan Skinner Jr., Lavon Randall). Cash less money advanced to forward development of CP. CP is for 1240 kHz with 1 kw-U, ND. [File date 3/23/06.]


Stock Talk
Stocks rise on electronics sales
Stock prices rose Wednesday as electronics retailer Circuit City reported a big jump in Q1 earnings. The Dow Industrials rose 40 points, or 0.4%, to 11,130.

Radio stocks were mostly higher. The Radio Index gained 0.615, or 0.4%, to 157.639. There were no big movers. Saga rose 2.1% and Radio One's stock - - both classes - - gained 1.9%. Interep, which trades on the pink sheets, finished at 68 cents, up 233% on the day as Oaktree pressed a buyout bid (see Radio News).


Radio Stocks

Here's how stocks fared on Wednesday

Company Symbol Close Change Company Symbol Close Change

Arbitron

ARB

33.02

-0.02

Hearst-Argyle

HTV

23.37

+0.38

Beasley

BBGI

10.21

-0.09

Journal Comm.

JRN

12.02

-0.16

CBS CI. B CBS

24.53

-0.07

Lincoln Natl.

LNC

56.16

+0.39

CBS CI. A CBSa

24.59

-0.08

Radio One, Cl. A

ROIA

7.62

+0.14

Citadel CDL
10.62 +0.13

Radio One, Cl. D

ROIAK

7.63

+0.14

Clear Channel

CCU

28.68

+0.22

Regent

RGCI

4.43

+0.03

Cox Radio

CXR

13.43

+0.16

Saga Commun.

SGA

9.06

+0.19

Cumulus

CMLS

11.08

-0.02

Salem Comm.

SALM

14.69

+0.19

Disney

DIS

27.92

+0.15

Sirius Sat. Radio

SIRI

5.20

unch

Emmis

EMMS

15.00

-0.19

Spanish Bcg.

SBSA

5.10

+0.01

Entercom

ETM

27.80

+0.11

Univision

UVN

34.68

+0.20

Entravision

EVC

8.52

+0.02

Westwood One

WON

10.33

-0.14

Fisher

FSCI

42.20

unch

XM Sat. Radio

XMSR

23.05

+0.01

Gaylord

GET

43.47

unch

-

-

-

-

-


Bounceback

Send Us Your OpinionsWe want to
hear from you.

This is your column, so send your comments and
a photo to [email protected]

We're not the only ones who wonder what will happen if radio doesn't fight back and challenge out-of-control New York Attorney General Eliot Spitzer in federal court
(4/11/06 RBR #71).

Good Question. Unanswered, Wall Street investors will continue to eschew radio industry stock and valuations will continue to plunge. Money hates uncertainty. Until evidence to the contrary is presented, radio stands all but indicted and convicted without a trial. Regret to say that no defense suggests that one might not exist. And at least in the court of public opinion, radio has already been judged guilty, at least of ignoring the audience's needs.

Paul W. Robinson
Emerald City Radio Partners
Baltimore, MD


Below the Fold

Ad Business Report
Jack Klues, Publicis Groupe
Media Chairman and CEO Goes One on One...

Washington Media Business Report
Shhh! Don't tell anyone
Concerned about possible bidding collusion...

Media Markets & Money
News Press & Gazette
Climbs Pikes Peak Hoth family selling its radio & TV...

Internet Media Business Report
Sirius' streaming website
According to Nielsen - sees huge growth...




Radio Media Moves

Upped at Salem
Salem Communications announced that Dennis Ciapura has been named Senior Vice President for Broadcast Development. In addition to overseeing broadcast development and property management, Ciapura will oversee the company's engineering and research departments. Prior to joining Salem as VP of broadcast development in 2004, Ciapura was president of Performance Broadcasting, a Sedona, AZ-based consulting company providing management and acquisition analysis services to the broadcast industry.

Cohen signs on
with GreenStone

GreenStone Media, the new FM Talk network for women, announced that Stacey Cohen has joined the company as VP Affiliate Relations. Stacey will handle GreenStone affiliate sales, effective immediately. Cohen is a 25-year broadcaster who's handled affiliate relations for a number of top syndicated personalities.

Upped at CC Radio
Bill Hess has been named Operations Manager for Clear Channel's three AM stations in Washington, DC. He will also continue in his role as Program Director for WASH-FM.


More News Headlines

Now you can get a diploma with Fries
The Radio Advertising Bureau (RAB) Board of Directors passed a resolution to rename the RAB Radio Training Academy in honor of outgoing President and Chief Executive Officer Gary Fries. Henceforth, the Academy in Dallas is "Gary Fries RAB Radio Training Academy." RAB's directors noted that the Academy was created under Fries' leadership and guidance. "It is a standing monument to his strong belief in the ability of training sales people and managers to think like marketers as a key ingredient for generating revenue success in Radio," they noted.

VNU shareholders
to talk about buyout

No surprise here. VNU says its already-scheduled annual shareholders meeting on April 18th will be solely devoted to discussion of the pending nine billion bucks buyout offer from a consortium of private equity firms. The meeting will be at the Hotel Okura Amsterdam in Amsterdam, The Netherlands, where VNU is based. The buyout tender, which is in danger of failing, is set to close May 5th.




RBR Radar 2006
Radio News you won't read any where else. RBR--First, Accurate, and Independently Owned.

More softness seen in radio
As radio groups prepare to report Q1 results, Goldman Sachs sees no improvement in a soft ad market. He's expecting most groups to hit their Q1 targets, but guide downward for Q2. Rather than improving, analyst Mark Wienkes says it appears that pacings are down in the mid single digits for Q2.

Publisher observation: Ok folks line up and get ready for the real results of 'Less is More' or Follow the Leader to victory or agony of defeat. This could even turn out to be a new TV series for one of the new networks. No more excuses as nothing will fall short of honesty. Maybe between now and the start of the 2nd half of this year someone is going to awake up and start paying attention to the needs of the local market. You ask? What Games? Just remember the entire BS over the last year.
04/12/06 RBR #72

Legal eagles hold forth:
Prohibited product advertising

Questions frequently arise regarding the legality of advertising certain "red flag" products. The products that might be placed in the "red flag" category include alcohol, tobacco, casino gaming and weight-loss plans. This you should print out
04/12/06 RBR #72

Internet overtaking outdoor, radio
Zenith Optimedia Group has revised its global ad spend outlook, predicting now that the Internet will overtake worldwide outdoor ad spending next year, and will catch up with radio in 2008 revised the internet forecasts upwards again as it has continued to exceed expectations. Predict it will attract 6.5% of all advertising in 2008, up from 4.5% in 2005 (and up from the 6.0% we predicted for 2008 back in December). The internet is now firmly established as a mainstream advertising medium in developed markets, and in many developing markets too. Predict again it will overtake outdoor in volume in 2007, even though outdoor is gaining share itself, and that by 2008 it will be catching up with radio too (which will have a 7.9% share, down from 8.5% in 2005)."

RBR observation: Best grab onto something that does not move when you view and print this forecast which RBR strongly Recommends: Now grab and shake yourself loose of anyone or company that is trying to dictate your actions. This is No Time to play Follow the Leader as there is No set leader in our radio business - count on your own abilities to lead and win.
04/11/06 RBR #71

Spitzer stifling playlists
New York Attorney General Eliot Spitzer claims his campaign against so-called "corporate payola" is aimed at getting a wider variety of artists played on radio stations, but the Los Angeles Times reports that just the opposite is occurring. The newspaper says programmers have become more cautious.

RBR observation: Why is this out-of-control, self-styled national cop being allowed to get away with this? Why won't someone haul him into federal court and have his record company settlements voided in the other 49 states? Are the radio and record industries just going to sit back and let a New York state official write new rules for the entire nation? Isn't that authority supposed to be limited to the United States Congress, the Federal Communications Commission and the United States Department of Justice? Just how did Eliot Spitzer manage to insert himself into that list as both a new legislative branch and a new enforcement branch of the US government?
04/11/06 RBR #71

Adelstein weighs in on VNRs
The pet issues of FCC Commissioner Jonathan Adelstein are payola and plugola, so the new study on VNRs by the Center for Media and Democracy and Free Press is right in his wheelhouse. He said there was nothing intrinsically wrong with the VNRs in the study, items from corporations produced to resemble television news items. The problem is that they were run without being sourced. "If the Commission determines that a licensee has violated the law, we may impose monetary fines of up to $32.5K per violation... There is more in
04/10/06 RBR #70


VNU buyout bid under attack again
Institutional Shareholder Services (ISS) doesn't publicly distribute its corporate proxy vote recommendations - - you have to pay big bucks for that advice, and lots of major institutional investors do. But Knight Vinke Asset Management is making sure that everyone knows what ISS has advised for the April 18th annual shareholder's meeting at VNU, parent company of Nielsen Media Research and a number of media trade publications, including Billboard and The Hollywood Reporter.
04/10/06 RBR #70



Visit MediaHeadHunters.com

Affiliate Relations
Talk Radio Network is expanding and we are looking for someone with great phone techniques who is enthusiastic about joining our successful team.
See Radio Careers

Find Your Radio Career

Post Your Companies Job Openings


Other Links

State Associations

Contact Us

Publisher question:
Reading RBR from a friend?
Receive your own morning copy at
www.rbr.com


Help Desk

Having problems with our epapers?
Please send Questions/Concerns to:
[email protected]

If you wish to remove your name completely from our database use this link __UNSUB__

RBR Epaper -- 108 annual
or just 9 a month

©2006 Radio Business Report, Inc. All rights reserved.
Radio Business Report -- 2050 Old Bridge Road, Suite B-01, Lake Ridge, VA 22192 -- Phone: 703-492-8191