F.C.C. Allows Radio Buyout
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The $19.5 billion deal will take Clear Channel Communications, the nationâs largest radio broadcaster, private.
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Ofcom legalises the use of FM transmitters which allow iPods and other MP3 players to play through car radios.
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FCC approval of Torian Wireless' InFusion portable internet radio means new competition for XM and Sirius. In Listening Post.
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Capital Radio and GWR&#39;s merger will not mean any standardisation of programming, the stations insist. With 55 local analogue radio stations, 93 digital stations and a national frequency, the new group will broadcast to 18 million people.
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The social networking service has made its first acquisition, a small one in online social music service Anywhere.FM.
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Radio One Inc. chief executive Alfred Liggins III agreed last night to buy a controlling stake in radio personality Tom Joyner's media company for $56 million, furthering his attempt to turn the radio company his mother began out of a trailer 24 years ago into a diversified media group aimed at the black community.
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The Future of Music Coalition, working to end payola so independent labels get the same radio play as the majors, announce the FCC and broadcasters agree to its rules. In Listening Post.
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UTV's bid for a leading local radio station in the Republic goes before the Broadcasting Commission of Ireland today.
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In what may later be recorded as a milestone development in the music industry, CBS-owned Last.fm has reached a deal with record labels enabling it to stream music of the listener's choice, from its entire library.
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Control of the UK's radio spectrum is being handed to the business community to promote wireless services.
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MEDIACOM COMMUNICATIONS CORPORATION (NASDAQ: MCCC) announced that it has  reached a retransmission consent agreement with Sinclair Broadcast  Group, Inc.
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Capital Radio and GWR Group say they plan to merge in an all-share, nil-premium deal that will create the dominant company in the UK radio sector.
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The F.C.C. adopted rules that will enable utility companies to offer an alternative to broadband services provided by cable and phone companies.
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U.S. radio operator Clear Channel  Communications Inc&#39;s shareholders approved a $39.20-a-share bid  from Bain Capital Partners and Thomas H. Lee Partners on  Tuesday, paving the way for the largest-ever radio industry  private equity buyout, worth nearly $20 billion.
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Radio group GCap Media said yesterday it had sold its Century radio stations in the North-East and Manchester in a deal worth pounds 60m.
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Echoing the Justice Department&#39;s consent Monday, the Federal Communications Commission Tuesday granted approval of the $41 billion buyout under the condition that Cingular divest itself of some network assets.
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Clear Channel Communications Inc. has agreed to sell radio stations in 42 markets as part of a deal reached with federal regulators that will allow the company to complete its sale to private investors.