Clear Channel Communications, the radio titan that also owns 36 television stations, on Friday reported a slight increase in second-quarter profit, up 1 percent to $253.8 million, or 41 cents a share, versus $251.3 million, or 41 cents a share,…
Cable Tops Broadcast in Total Bids for First Time
In a mixed bag for broadcasters, the Senate Commerce Committee on Thursday approved legislation that would require satellite operators to offer all retransmissions of local broadcast signals on a single dish within 18 months.EchoStar Communications had been lobbying for the…
Sen. John McCain, R-Ariz., said today that all members of the Senate Commerce Committee plan to sign a bipartisan letter of support to the White House endorsing the renomination of Jonathan Adelstein for a Democratic seat at the Federal Communications…
Starcom USA, one of the nation’s biggest media buyers, has hired Elizabeth Herbst-Brady as senior VP/director of broadcast investment, responsible for all agency television investment activities — including broadcast, cable and syndication. She will report to managing director of investment…
TLC’s latest makeover experiment will take on the restoration of entire towns. As announced at the Television Critics Association press tour today, “Trading Spaces” designer Genevieve Gorder will travel the country making over small towns using a crew of designers,…
Tribune Co. has asked a federal appeals court to lift a stay preventing mergers from taking place between newspapers and television stations in markets with nine or more TV stations.The motion, filed Wednesday, comes nearly a month after the U.S….
Sumner Redstone’s Viacom today reported a 14 percent jump in second-quarter profit as advertising revenue gains at the media giant’s cable and broadcast properties offset weakness in the company’s radio and outdoor advertising businesses.The company reported a profit of $754…
National Geographic Channel named Michael Cascio senior VP, production, and he joins fellow former Discovery Communications executive John Ford, now executive VP, programming, at the network. Mr. Cascio left Discovery’s Animal Planet, where he was executive VP, general manager. Previously,…
Addressing reporters gathered for the semi-annual Television Critics Association’s press tour Thursday, HBO Chairman and CEO Chris Albrecht confirmed media speculation that the planned theatrical version of “Sex and the City” is dead. “It’s a very unfortunate situation,” Mr. Albrecht…