Net News search results for: triggered
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May 6, 2020
iHeartMedia Board Adopts One-Year Stockholder Rights Plan To Protect Against Takeover
iHEARTMEDIA's Board of Directors has approved its own poison-pill provision in the form of a "short-term stockholder rights plan" that would deter a third party from taking advantage of the depression of stock prices during the pandemic to … more »
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April 23, 2020
Report Ripping Lew Dickey's Akazoo As A 'Castle Of Cards' Prompts Company To Form Special Committee, Draws Class Action Scrutiny
AKAZOO, the streaming music service chaired by former CUMULUS chief LEW DICKEY, is under fire after a report by QUINTESSENTIAL CAPITAL MANAGEMENT alleged that the company appears to be a "castle of cards" and "a scheme orchestrated by … more »
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January 17, 2020
Country Artists Take To Twitter To Protest Gender Airplay Inequality
The perennial issue of the lack of female artist representation in Country music came to a head again this week… twice! On the same day (1/15) that TBS’ “Full Frontal With SAMANTHA BEE” was taking a comedic jab at the issue, a … more »
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January 16, 2020
Brian Sussman Exits Mornings At KSFO/San Francisco
CUMULUS News-Talk KSFO-A/SAN FRANCISCO morning host BRIAN SUSSMAN has announced his exit from the station after a three-month leave of absence prompted by health issues. SUSSMAN has been hosting the morning show at KSFO since 2009 after seven years in … more »
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January 15, 2020
Recapping: iHeartMedia's Revamped Markets Group Structure With Tech-Enabled Hubs, 'Employee Dislocation'
YESTERDAY (1/14) was indeed a very emotional day for everyone at iHEARTMEDIA as a very large number of staffers were part of a wide sweeping "Employee Dislocation" in the wake of the rollout of new technology that triggered a revamp of its … more »
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November 22, 2019
Buffalo FM Translator, Wyoming Pair Sold
EDGEWATER BROADCASTING, INC. is selling W262CM/BUFFALO to BUDDY SHULA's RADIO ONE BUFFALO, LLC for $50,000. The sale contract notes that a civil lawsuit (FELLOWSHIPWORLD INC. d/b/a TOTALLY GOSPEL NETWORK v. EDGEWATER BROADCASTING INC. and GOOD NEWS … more »
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August 28, 2019
Sign Of The Times: VMA TV Ratings Down, Social Media Engagement Up
NIELSEN reports that MTV's VIDEO MUSIC AWARDS broadcast was seen by 4.9 million viewers live on MONDAY (8/26) across 12 different VIACOM-owned networks -- viewership that's down from last year's audience of 5.2 million, the NY TIMES reports. … more »
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August 14, 2019
Univision Reports Lower Q2 Revenue, Earnings As It Woos Potential Buyers
UNIVISION COMMUNICATIONS had a soft Q2, due to $92 million in earnings (down 24% from a year ago), a 4% decline in quarterly revenue to a little over $700 million, and a 14% drop in adjusted operating income before depreciation and amortization (OIBDA) … more »
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May 15, 2019
Westwood One News Offers 'America On The Eve Of War' Special For Memorial Day Weekend
WESTWOOD ONE NEWS is offering a half-hour special on the events leading up to WORLD WAR II for MEMORIAL DAY WEEKEND. "AMERICA ON THE EVE OF WAR" is hosted by BARBARA KUSAK and will feature audio from WESTWOOD ONE NEWS' archives to look at … more »
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April 5, 2019
Craig Carton Gets 42 Months In Jail For Ponzi Scheme
Former ENTERCOM (then CBS) Sports WFAN-A-F/NEW YORK morning host CRAIG CARTON has been sentenced to 42 months in prison by U.S. District Judge COLLEEN MCMAHON for running a ticket-resale Ponzi scheme. NEWSDAY and multiple media sources report that … more »