Clear Channel Radio Ad Revenue Slips
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Clear Channel Communications Inc. (CCU.N: Quote, Profile, Research) , the largest US radio station chain, on Friday posted higher operating earnings although radio advertising
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Publisher and broadcaster Tribune Co.  on Wednesday said third-quarter earnings would lag Wall Street estimates because of lower-than-expected publishing and broadcasting revenue.
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Clear Channel Communications Inc.  on Tuesday said it would delay a shareholder vote on its near $19 billion deal to sell out to private equity firms and the founding Mays family.
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XM Satellite Radio Holdings Inc  posted a wider quarterly loss on Thursday as higher marketing costs overshadowed a strong increase in subscriptions to its pay-radio service by car owners.
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U.S. advertising spending rose a disappointing 4.1 percent last year, hurt by cutbacks by carmakers General Motors Corp.  and DaimlerChrysler  , tracking firm TNS Media Intelligence said on Tuesday.
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Clear Channel Communications Inc. , which has agreed to be acquired by two private equity firms and the company's founding Mays family, on Friday posted a lower profit from a year ago, before it spun off its entertainment unit.
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Sirius Satellite Radio Inc.  said on Tuesday its quarterly net loss narrowed as revenue jumped on a sharp increase in subscribers to its fee-based service.
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Newspaper advertising continues to slide, even with the dot-com jolt.
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Publisher and broadcaster Tribune Co.  TRB.N on Wednesday said third-quarter earnings would lag Wall  Street estimates because of lower-than-expected publishing and  broadcasting revenue.
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An extra week in the quarter helped increase newspaper ad sales, but the company forecast a continued decline in circulation revenue this year.
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MANCHESTER United yesterday reported lower annual profits of Â£27.9m as it warned future results would be affected by a drop in media revenues.
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A slowdown in automobile and financial advertising hurt the companyÂs advertising sales over the last few weeks.
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U.S.-based online advertising firm Burst Media  said on Wednesday results for 2007 are likely to come in below market forecasts because of higher-than-expected ad campaign cancellations.
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The broadcast companyâs loss stemmed from write-downs, breakup costs and weak advertising sales.
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Operating profits slipped 5.5 percent at Cingular Wireless LLC despite gains in both subscribers and revenue in what was likely the last full quarter before the company's completes its &#36;41 billion purchase of AT&amp;T Wireless Services Inc.
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EBay will once again advertise on Google's U.S. AdWords network, but its spending on it will be significantly lower.
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Providence Equity Partners said Sunday it was ''surprised and disappointed'' by a lawsuit filed Friday by Clear Channel Communications Inc. to force the private-equity firm to close a purchase of Clear Channel's television stations. Clear Channel said in the lawsuit that Providence has dragged its feet in the $1.2 billion deal for the TV stations, [...].