Net News search results for: taxes
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June 10, 2020
Townsquare Takes Impairment Charges, Restates 2017-2019 Earnings
In a Form 8-K filed with the SEC on TUESDAY (6/9), TOWNSQUARE MEDIA said that its management is taking a "material impairment charge" of $39.4 million against its FCC licenses and a $69 million charge on its goodwill due to an error in … more »
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April 14, 2020
iHeartMedia Explains Cost Savings Initiatives In Response To Coronavirus Pandemic
iHEARTMEDIA has announced certain "proactive initiatives" in response to the currently weak economic environment resulting from the unfolding novel CORONAVIRUS pandemic, and has also provided an update on the status of its business. The company … more »
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February 28, 2020
E.W. Scripps Reports Q4 Financials
THE E.W. SCRIPPS COMPANY, parent of STITCHER/EARWOLF/MIDROLL MEDIA, today reported operating results for the fourth quarter of 2019. Total revenue was $444 million compared to $368 million in the fourth-quarter 2018. Income from continuing operations … more »
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February 13, 2020
Vivendi 2019 Revenues at $7.7 Billion, Up 14.1%, Plans 2023 UMG IPO
VIVENDI's 2019 revenues were $7.7 billion, up 14.1%, mainly as a result of the growth of UNIVERSAL MUSIC GROUP, CANAL+ GROUP and the consolidation of EDITIS. since FEBRUARY 1st, 2019. Revenues increased by 5.6% compared to 2018, primarily driven by … more »
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January 22, 2020
Indiana Combo Owners Shuffle Station Stock
Positive control of AD-VENTURE MEDIA, INC., licensee of News-Talk WBIW-A and Oldies WQRK (SUPER OLDIES 105.5)/BEDFORD, IN is being transferred from L. DEAN SPENCER to HOLLY A. DAVIS for undisclosed consideration as part of the transfer of SPENCER's … more »
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November 22, 2019
Radio Cantico Nuevo Files For Chapter 11
RADIO CANTICO NUEVO, INC., programmer of Spanish Christian radio stations in the NEW YORK area, has filed for Chapter 11 bankruptcy in UNITED STATES Bankruptcy Court for the Eastern District of NEW YORK. The company estimates assets of $22,511.12 and … more »
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August 9, 2019
Triton Acquisition Drives Revenue Increase For Scripps In Second Quarter 2019
THE E.W. SCRIPPS COMPANY's second quarter 2019 revenues rose 19% year-to-year to $337 million, compared to $283 million in second-quarter 2018. The increase includes $9.9 million in revenue from TRITON (acquired NOVEMBER 30, 2018) and the TV stations … more »
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May 15, 2019
Report: Bank Sues To Foreclose On Bubba The Love Sponge's Studio, Racetrack
The TAMPA BAY TIMES reports that syndicated morning host BUBBA THE LOVE SPONGE is facing foreclosure on his studio and racetrack over unpaid debts. VALLEY NATIONAL BANK sued BUBBA on APRIL 16th, alleging that he and his BUBBA RACEWAY PARK, LLC, … more »
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April 16, 2019
CMA Fest Reveals Performers For Ascend Amphitheater Stage
The COUNTRY MUSIC ASSOCIATION is bringing back its nightly performances at NASHVILLE’S ASCEND AMPHITHEATER during CMA Fest for a third year, and has revealed this year’s performers. Set to take the stage on what has been dubbed the FIRESTONE … more »
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March 29, 2019
Town Finds New Operator For WGHT-A/Pompton Lakes, NJ
The BERGEN RECORD is reporting that the BOROUGH OF POMPTON LAKES, NJ is transferring operation of currently Silent WGHT-A/POMPTON LAKES, NJ to the owner of Full Service WTBQ-A-W228CG/WARWICK, NY, FRANK R, TRUATT, for an undisclosed price under a … more »