Oct 12- Moody's rates Clear Channel Communications new notes Caa1.
Marissa Mayer intends to restore Yahoo’s spacer stature as a technological innovator and will not shy away from tough competition to that end, the former Google executive told the Financial Times as she begins her tenure as the struggling web portal’s latest chief executive.
If you’re long Sirius XM Radio, you should pressure Mel to swallow his pride and let Liberty Media take control of the company.
With advertisers on the run, should satellite radio step in and grab Rush Limbaugh? spacer The latest wrinkle in the ongoing controversy is the cancellation of all national commercials during “The Rush Limbaugh Show” by its syndicator, Premiere Networks. This comes after nearly a hundred national advertisers and dozens more have dropped Limbaugh and other conservative commentators like a political hot potato.
Ten companies have stopped advertising on Limbaugh's program on Clear Channel's Radio Network, after the radio host insulted Georgetown law student Sandra Fluke.
Who are some of the celebrities who have spent $1 million or more on decadent extravagances? Click to find out!
Clear Channel's chairman of media and entertainment platforms, Bob Pittman, told CNBC on Tuesday the radio holding company's recent acquisition of cloud-based music technology is part of the company's strategy to lead the digital radio market.
Internet entrepreneur Bob Pittman has gone back to his radio roots in a new venture with Clear Channel, in which he will help extend radio brands, such as Z100 and Kiss FM, to the Internet and mobile devices.
When Muzak, the company whose name has become synonymous with syrupy instrumental renditions of pop songs piped into elevators, filed for Chapter 11 bankruptcy protection in February, Joshua Katz’s phone started ringing.
Clear Channel, the nation’s largest radio station operator and an outdoor billboard company, last year became the biggest leveraged buyout ever in the media business, after it was taken private by Thomas H. Lee Partners and Bain Capital. Now its revenues are plunging and so is its cash flow, making it harder to meet the payments on the billions in debt accumulated in the process of buying out its public investors. If it violates some of its loan agreements, those interest payments rise sharply.
The pace of corporate layoffs picked up sharply in January 2009, reflecting the worsening US recession.
More companies announced layoffs this week as the employment picture continued to dim. News Corp. became the latest victim of the weakening economy, announcing it is planning on cutting jobs after reporting a quarterly loss on Thursday.
More companies announced layoffs this week as the employment picture continued to dim. GlaxoSmithKline and Tiffany & Co. on Thursday became the latest victims of the weakening economy, each cutting an undisclosed number of jobs.
More companies announced layoffs this week as the employment picture continued to dim. Clorox, Time Warner Cable and Fidelity National Financial were among the latest names on Wednesday to announce job cuts.
Another day, another round of corporate layoffs. Liz Claiborne and PNC Financial Services became the latest companies to announce job cuts on Tuesday
A major US retailer announced job cuts Monday amid worries about the fate of the stimulus plan, while a big Wall Street firm has further job cuts in store, according to reports.
A major US retailer announced job cuts Monday amid worries about the fate of the stimulus plan and the economy.
More companies announced layoffs on Thursday as the employment picture continued to dim.
More companies announced layoffs on Tuesday as the employment picture continued to dim.
Another round of layoffs was announced by big-name companies Monday, adding to the gloom over rising unemployment.