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CBS Corp. announced its second quarter earnings Tuesday, with CBS Radio moving up 6 percent, to $340.9 million. A 17 percent gain in local revenue drove the gain for the local broadcast division, which includes CBS Radio. CBS Corp., meanwhile, reported revenues of $3.33 billion, up 11 percent from Q2 2009. |
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The New York Post reports that the Dickey family, who control Cumulus Media, are near a deal to buy magazine publisher Modern Luxury Media, which has city magazines in 13 markets. |
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ADVERTISEMENT -- REALTORS® spend $1 billion annually to market their services and 30% are ready to buy radio! See the video from the NATIONAL ASSOCIATION OF REALTORS® Annual Conference. Read more. |
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GRM Communication is on the hook for $175,000 in retroactive licenseing fees after a judge ruled that its XHNZ, serving the El Paso market, infringed on the trademark of ring announcer Michael Buffer by using the words "Let's get ready to rumble." |
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Focus on the Family has laid off 110 workers, bringing its staff down to 750, citing the recessions and lower donations at the ministry that's home to the long-running Focus on the Family radio show. |
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A judge has rejected the RIAA's request that the assets of old-guard peer-to-peer LimeWire be frozen. LimeWire is still facing a permanent injunction and damages for copyright infringement. |
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Andrew Ross Sorkin joins the lineup at Radio Ink's Forecast 2011, set for December 7, 2010 at the Harvard Club in New York. Sorkin is the chief mergers and acquisitions reporter for the New York Times and the best-selling author of the recent Too Big to Fail, and he's as well connected in the financial world as anyone in radio. The thrice-daily "Business Brief With Andrew Ross Sorkin" is produced and distributed by United Stations Radio Networks. Click the headlne for Forecast information and registration. |
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Radio Ink magazine the first radio industry publication on the iPad and among of the first of all publications. With the iPad's touchscreen, you can flip through the digital edition just as you would a copy of the magazine, with live links, interactive ads, links to video, and with more interactive features on the way. |
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The economy is slowly turning around, and broadcasters are beginning to hire again. Put your name in front of the industry with a free listing in Radio Pros Available. And we'll be happy to post your aircheck or demo, or a link to your website. Click the headline to learn more. |
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Aug. 9: Cover 
From a reader: "
