Net News search results for: bain capital
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August 31, 2012
Ryan Seacrest Reportedly Drops Out Of The Bidding For Dick Clark Productions
In JUNE (NET NEWS 6/18), ALL ACCESS reported that CLEAR CHANNEL/PREMIERE syndicated superstar RYAN SEACREST was considering a bid to buy DICK CLARK PRODUCTIONS, the company founded by the late TV icon and SEACREST's mentor. Now, THE WALL STREET JOURNAL … more »
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June 18, 2012
NY Times: Ryan Seacrest Looking To Buy Dick Clark Productions
CLEAR CHANNEL/PREMIERE syndicated superstar RYAN SEACREST "is considering a bid to buy DICK CLARK PRODUCTIONS, the company founded by the late TV icon and SEACREST's mentor," reports REUTERS. "RYAN SEACREST MEDIA is among the potential … more »
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June 12, 2012
Report: Thomas H. Lee Looks To Get Smaller
THOMAS H. LEE PARTNERS, the private-equity firm famous for being a part of the CLEAR CHANNEL COMMUNICATIONS buyout, "is weighing a $4 billion buyout fund, half the size of its predecessor, according to two people with knowledge of the firm’s … more »
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March 22, 2012
Mt. Wilson Owner Saul Levine Writes Stern Letter To NAB... Threatens To Withdraw Membership
MT. WILSON BROADCASTERS/LOS ANGELES Owner/Pres. SAUL LEVINE has sent a letter to the NAB (NATIONAL ASSOCIATION OF BROADCASTERS), opposing their review on ownership rules, and their decision to petition the FCC to do away with rules against consolidation, … more »
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March 7, 2012
Hedge Fund Questions Cash Transfers At Clear Channel
CLEAR CHANNEL COMMUNICATIONS has come under fire from a hedge fund investor in CLEAR CHANNEL OUTDOOR HOLDINGS, INC. for the move of $656 million from the billboard subsidiary to the parent company. The WALL STREET JOURNAL reports that JHL CAPITAL … more »
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January 31, 2012
Ryan Seacrest Gets A Major Investment From Clear Channel, Thomas H. Lee And Bain Capital
RYAN SEACREST MEDIA and CLEAR CHANNEL, together with CLEAR CHANNEL's majority investors THOMAS H. LEE PARTNERS and BAIN CAPITAL, have entered into two new investment agreements "designed to drive business growth across multiple media … more »
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October 3, 2011
CC Media Holdings Names Bob Pittman CEO
As first reported by ALL ACCESS, YESTERDAY (NET NEWS 10/2), CC MEDIA HOLDINGS announced BOB PITTMAN will become its Chief Executive Officer. PITTMAN joined CLEAR CHANNEL in NOVEMBER 2010 as an investor and the company’s Chairman of Media and … more »
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September 9, 2011
Antitrust Suit Against Equity Firms Now Encompasses Clear Channel, Univision Buyouts
The expansion by a federal judge of the scope of an antitrust suit against 11 private equity firms is bringing the buyouts of CLEAR CHANNEL and UNIVISION under scrutiny. The NEW YORK TIMES' DEALBOOK reports that the suit accuses the firms of a … more »
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August 12, 2011
Cumulus Reports Revenues, Expenses Down
CUMULUS MEDIA TODAY (8/12) reported financial results for the three and six months ended JUNE 30th, 2011. Chairman/CEO LEW DICKEY stated, "Q2 presented a challenging environment for our markets. Our cash revenues declined 0.4%, but our team did an … more »
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August 1, 2011
Cumulus Media Closes On Cumulus Media Partners Acquisition
CUMULUS MEDIA has closed on the acquisition of the equity interests of CUMULUS MEDIA PARTNERS, LLC that it did not already own. CMP was made up primarily of the stations acquired by CUMULUS in 2005 from SUSQUEHANNA PFALTZGRAFF and is now being brought … more »