Net News search results for: consolidated media llc
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June 29, 2016
iHeartMedia Says Talks With Creditors May End, Citing 'Significant Gap' In Restructuring Debt
As ALL ACCESS reported late last night (NET NEWS 6/28), BLOOMBERG writes that iHEARTMEDIA, INC. may end talks with its creditors on restructuring its debt, with the company citing a "significant gap between the proposals” from itself … more »
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June 28, 2016
iHeartMedia Cites 'Significant Gap' In Talks With Creditors, Report Says Talks May End
BLOOMBERG is reporting that iHEARTMEDIA, INC. may end talks with its creditors on restructuring its debt, with the company citing a "significant gap between the proposals” from itself and the investors in a filing with the SEC. In the filing, … more »
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May 18, 2016
iHeartRadio Pres. Darren Davis Testifies Financial Restraints Are 'Disrupting Our Operating Business Everyday'
iHEARTCOMMUNICATIONS INC. v. BENEFIT STREET PARTNERS LLC in District Court, BEXAR COUNTY TEXAS (SAN ANTONIO) is underway, with BLOOMBERG reporting iHEARTMEDIA "has struggled to calm industry partners, lenders and employees spooked by the … more »
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May 16, 2016
iHeartMedia Reveals Debt Settlement Proposals As Trial Begins, Hires Advisor To Explore Debt Options
In advance of MONDAY's trial in its suit against bondholders seeking to declare it in default and accelerate bond payments, iHEARTMEDIA filed a disclosure statement with the SEC detailing proposals on the table at mediation that have been submitted … more »
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September 23, 2014
As iHeartMedia Prices $250 Million Note Offering, Fitch Ratings Remains 'Negative'
CLEAR CHANNEL may have changed its name to iHEARTMEDIA, but the company is still carrying a large amount of debt from its past. FITCH RATINGS has released updated financial ratings on the company, and remains "negative" because of that debt … more »
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May 29, 2014
Buckley Sells KWAV/Monterey To Mapleton; Renda Sells WJAS/Pittsburgh
BUCKLEY BROADCASTING is selling AC KWAV/MONTEREY, CA to MAPLETON COMMUNICATIONS for an undisclosed price. DICK FOREMAN of RICHARD A. FOREMAN ASSOCIATES, INC. represented BUCKLEY in the deal. BUCKLEY Pres./CEO JOE BILOTTA said, "Our ability to … more »
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October 25, 2012
Journal Communications Reports Third-Quarter Results
JOURNAL COMMUNICATIONS has announced results for its third quarter ended SEPTEMBER 23th, 2012. The highlights: * Revenue of $97.8 million, up 11.4%; television revenue up 39.5% * Core broadcast revenue -- excluding political, issue and Olympic … more »
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September 15, 2011
During Cumulus/Citadel Comments, FCC Commissioner Copps Notes Gary Burns' Petition In Virginia
At the beginning of SEPTEMBER (NET NEWS 9/6), ALL ACCESS reported GARY BURNS' 3 DAUGHTERS MEDIA, INC. had filed a petition to deny the license renewals of five CLEAR CHANNEL stations and two stations spun off to the ALOHA STATION TRUST, LLC for … more »
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February 13, 2007
FCC Proposes More EEO, Late License Renewal Fines
The FCC proposes an $8,000 fine against WAITT OMAHA LLC for EEO violations at Hot AC KQKQ (Q98)/COUNCIL BLUFFS-OMAHA. The fine arose from the station not having retained all EEO documentation prior to the hiring of a new GM in MARCH 2004. And the … more »