Net News search results for: duopoly
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October 23, 2017
FCC's O'Rielly Again Calls For Ownership Rules Overhaul, Denies It's Because Of Sinclair-Tribune Deal
FCC Commissioner MICHAEL O'RIELLY posted another blog item FRIDAY (10/20) reiterating his support for Chairman AJIT PAI's initiative to eliminate more rules from the books, asking broadcasters, cable operators, and others to suggest rules that … more »
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May 2, 2017
Reported Fox Bid For Tribune Media Sends Tribune Stock Skyward
The reports of 21ST CENTURY FOX and private equity firm THE BLACKSTONE GROUP bidding on TRIBUNE MEDIA sent TRIBUNE stock up 6% on MONDAY to close at $38.75. The bid would compete with a likely bid from SINCLAIR BROADCAST GROUP for the company, … more »
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June 7, 2016
FCC's O'Rielly Prods Commission To Review, Loosen Ownership Rules
FCC Commissioner MIKE O'RIELLY has weighed in again on the FCC's difficulty in reviewing its own media ownership rules, posting an article to the Commission's blog offering his list of "principles" that he believes should be used if … more »
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October 9, 2013
Group Files Letter With Justice Dept. In Opposition To Cumulus/Dial Global Deal
A group called CONSUMER WATCHDOG has filed a letter with the Department of Justice opposing the deal by which CUMULUS would acquire DIAL GLOBAL/WESTWOODONE. The group objects to the deal because it would, in their view, create a "clear radio … more »
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March 25, 2013
Journal Names Alvin Pritchard VP/Finance
JOURNAL BROADCAST GROUP has appointed ALVIN PRITCHARD VP/Finance effective APRIL 1st. In his role, PRITCHARD will have financial oversight of JOURNAL BROADCAST GROUP-owned and operated television and radio stations in 14 markets, in addition to serving … more »
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March 8, 2013
Journal Revenues Up In Fourth Quarter
With a boost from political revenue, JOURNAL COMMUNICATIONS fourth-quarter 2012 revenue rose 31% to $124.5 million, with a 91.9% jump in operating earnings to $27.2 million and net earnings up 83.6% to $15.1 million (basic and diluted earnings per share … more »
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January 11, 2013
Indies Question Sony/BMG Purchases Of UMG/EMI Spin-offs
Independent label trade body IMPALA has asked the EUROPEAN COMMISSION to scrutinize Sony/ATV's purchase of EMI PUBLISHING and UNIVERSAL's acquisition of EMI MUSIC so they don't "strengthen the duopoly that exists between UNIVERSAL and … more »
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April 24, 2012
International Musicians Union Slams UMG's EMI Purchase
The FEDERATION OF INTERNATIONAL MUSICIANS has taken sides with European indie label trade group IMPALA by speaking out against the UMG's EMI takeover deal, reports CMU. The group's sentiments run counter to two American unions representing artists who … more »
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March 5, 2012
NAB Files Comments In FCC's Quadrennial Broadcast Ownership Rules Review
The NAB has filed its comments in the FCC's quadrennial broadcast ownership rules proceeding, reiterating the organization's long-standing desire that the current ownership rules be repealed or modified. Among the NAB's arguments in the 71-page document … more »
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November 2, 2011
Cox Media Group Hawaii's Mike Kelly Announces Retirement
COX MEDIA GROUP/HAWAII GM MIKE KELLY has announced his retirement from the company after 26 years of service. KELLY's retirement is effective at the end of the year, but he will remain in a consulting capacity into 2012. "It's rare these days in … more »