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BROADCASTERS GATHER..DINGELL AGAINST RECORD COMPANY PLAN FOR RADIO

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by Bob Hamilton on 03/03/2010, 11:02 AM 0 comments, 70 views
Tags: nab, record companies
More than 400 radio and television broadcasters are gathering in Washington, DC this week for the NAB State Leadership Conference. The local station representatives will meet with lawmakers on a host of public policy issues critical to the future of free and local broadcasting.

In a speech delivered last night at the NAB State Leadership Dinner in Washington, DC, House Energy and Commerce Committee Chairman Emeritus John Dingell (D-MI) announced ...
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REGENT FILES FOR BANKRUPTCY

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by Bob Hamilton on 03/01/2010, 08:29 AM 0 comments, 82 views
Tags: regent, bankruptcy
Last Edit on: 03/01/2010, 09:43 AM
Radio station owner,  Regent Communications Inc( RGCI.PK) filed for Chapter 11 protection as part of a prearranged deal that will cut its debt by $87 million and transfer majority ownership of the reorganized company to certain funds managed by Oaktree Capital Management LP. Under the plan, current stockholders will get about 12.8 cents for each share they own."The restructuring process will have no impact on Regent's day-to-day operations and w...
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