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Radio Business Report

• Stocks slide 156 points
  Stocks extended their slide Thursday, with the Dow finishing lower for an 11th out of 12 sessions, as investors worried about Greece’s troubles spreading to other European nations. The Dow Jones Industrial Average fell 156.06 points, or 1.2%, at 12,442.49. Broadcasting stocks were down as well. The RBR Radio Index was down 2.579, or .65%, […]
• Done deal in Colorado
  An FM-to-be licensed to Steamboat Springs CO is now in the hands of a new owner, who in addition to buying the station, had to buy the right to buy it. The acquiring entity is Radio Partners LLC, headed by Don J. Tlapek. He picked up the right to purchase the CP from Jean Cotes, […]
• Suit against SAG/AFTRA merger pulled
  Opponents of the merger of media labor organizations Screen Actors Guild and American Federation of Television & Radio Actors say they still believe the whole thing is a bad idea – but have nevertheless pulled their court case challenging it. The reason is simple – although they believe the merger is a bad idea, the […]
• Super gaffe: FTC slams Skechers advertising
  Advertising claiming that customers could lose weight, tone up and improve cardiovascular health simply by donning Skechers footware – some of it aired during the 2011 Super Bowl — got the attention of the FTC and the vast majority of US state AGs, resulting in a $40M settlement with the manufacturer. Beyond the $40M, the […]
• Parents prefer to take charge of children’s TV use
  Freedom of speech is one of the prime hallmarks of what it means to be an American – and by large margins, parents want to control what their children watch on television. Censors and content nannies need not apply. TV Watch is reminding parents that kids will be home for summer vacation and one of […]

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