Clik here to view.
Time Warner raising some cash
For a company the size of Time Warner Inc. a public offering of $1 billion in debt is not much more than a trip to
View ArticleClik here to view.
Key analyst pulls back a bit on Q4 expectations
No Wall Street stock analyst has more radio and TV companies in their coverage portfolio than Marci Ryvicker at Wells Fargo Securities, so it is
View ArticleClik here to view.
Netflix stock falls off a cliff
Netflix plunged 37% at the opening bell on Wall Street Tuesday, after reporting Q3 earnings Monday evening. Earnings were actually up, but investors were shocked
View ArticleClik here to view.
Comcast buying back some bonds
Come the day after Thanksgiving Comcast is buying back some of its outstanding public debt. It will redeem all of its $345 million outstanding of
View ArticleClik here to view.
Big dividend boost for Meredith shareholders
The Meredith Corporation board of directors approved a 50% increase in the company’s cash dividend on its common stock. The board also authorized a new
View ArticleClik here to view.
LIN Media reworks its debt
Banks led by JPMorgan Chase have refinanced the senior debt of LIN Media. The refi, however, caused Moody’s to downgrade some other LIN debt. According to
View ArticleClik here to view.
Groupon soars in Wall Street debut
Shares of “daily deal” company Groupon opened sharply higher Friday (11/4) on Nasdaq after its IPO priced Thursday evening at $20 per share. That had
View ArticleClik here to view.
LIN wants some of its stock back
Just last week LIN Media CEO Vince Sadusky noted that recent station M&A activity is “more affirmation that we’re an incredibly valuable group” – and
View ArticleClik here to view.
Viacom moving its stock listing to Nasdaq
The competition between the New York Stock Exchange and the Nasdaq market is intense not only for new issues, but over existing stock listings as
View ArticleClik here to view.
Liberty Media eliminating tracking stocks
No longer will there be four Liberty Media stock symbols to track. The company is slimming down to two, eliminating the tracking stock structure for
View ArticleClik here to view.
Disney boosts its dividend payout
The Disney board declared an annual cash dividend of 60 cents per share, up 50%, or 20 cents per share, from the previous year’s payout of 40 cents.
View ArticleClik here to view.
Barrington wants its bonds back
Announced a cash tender for all $55 million of its outstanding 10.5% Senior Subordinated Notes due 2014. It’s part of a refinancing totaling $195 million, which has gotten decent ratings from Moody’s...
View ArticleClik here to view.
Auditor switch for Westwood/Dial Global
For at least a few more days the company is officially Westwood One, so that’s the name on the SEC filing announcing that the radio
View ArticleClik here to view.
LIN getting more credit from its bankers
LIN Media is working on a refinancing with its senior lenders. The company will be getting more money from its bankers as it cashes out
View ArticleClik here to view.
Gray keeps buying back preferred shares
Gray Television announced that on December 9th it completed the repurchase of an additional 68.73 shares of its Series D perpetual preferred stock in a
View ArticleClik here to view.
Special cash dividend to Outdoor Channel Holdings shareholders
Outdoor Channel Holdings is not a regular dividend payer, but its board of directors has announced a special distribution to shareholders. The one-time cash payout
View ArticleClik here to view.
No holiday from stock buying for Daniel Tisch
Just a few days ago we noted that veteran media investor Daniel Tisch has been accumulating shares of Fisher Communications. It appears he’s not taking
View ArticleClik here to view.
Nielsen hailed as a top IPO of 2011
IPO of the TV ratings and consumer data company in January of 2011 raised over $2 billion - stock sale by Nielsen was at the time the biggest ever for a private-equity-backed company. Hyped IPOs of...
View ArticleClik here to view.
Barrington bond tender completed
There are still a few of Barrington Broadcasting Group’s 10.5% Senior Subordinated Notes due 2014 outstanding – but not many. Most were submitted to be
View ArticleClik here to view.
Barclays analyst drops Disney stock to hold
It’s not that Anthony DiClemente dislikes The Walt Disney Company, but the Barclays Capital analyst notes that the shares have gone up in price by over 25% in the past three months, while the
View Article
