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  • July 8- CBS Radio Inc filed for an initial public offering with U.S. securities regulators on Friday, months after its parent, CBS Corp, said it would explore strategic alternatives for its radio business. CBS Radio set a nominal fundraising target of $100 million in its filing with the U.S. Securities and Exchange Commission. CBS Radio, which has over 117 radio...

  • CBS Radio files for IPO

    CNBC's Seema Mody reports that CBS Radio has filed for a public listing that could be worth up to $100 million.

  • FCC chairman Tom Wheeler proposed retaining the existing rules barring companies in most instances from owning a newspaper and a broadcast TV or radio station in the same market, as well as other individual market limits on radio and TV stations with "slight modification," according to the summary of a proposal to fellow commissioners seen by Reuters.

  • WASHINGTON, June 27- The chairman of the U.S. Federal Communications Commission on Monday proposed retaining most rules limiting cross ownership of newspapers, radio and TV stations in the same market, according to a document reviewed by Reuters. FCC chairman Tom Wheeler proposed retaining the existing rules barring companies in most instances from owning a...

  • CARACAS, June 23- Oil prices will likely rise $10 per barrel over the summer, Venezuelan Oil Minister Eulogio del Pino told a local radio network on Thursday.

  • Tim Westergren, Pandora Media

    Pandora co-founder and CEO Tim Westergren announced that the company will release new products in the fall.

  • PARIS, May 29- Analysis of data seized by investigators in last week's raid of Google's Paris headquarters could possibly take years, French financial prosecutor Eliane Houlette said on Sunday. "We have collected a lot of computer data," Houlette said in an interview with Europe 1 radio, TV channel iTele and newspaper Le Monde, adding that 96 people took part in the...

  • Offices at Pandora

    Corvex Management disclosed on Monday that it owns 9.9 percent of Pandora Media and urged the company to explore a sale.

  • NEW YORK, May 13- iHeartMedia Inc has brought in Millstein& Co, an additional restructuring advisory firm, to help it evaluate options for its debt, including buying some of it back, according to people familiar with the matter. Millstein& Co was founded in 2012 by Jim Millstein, who was the chief restructuring officer at the U.S. Department of the Treasury from 2009 to...

  • April 28- Sirius XM Holdings Inc reported an 11 percent rise in quarterly revenue as strong U.S. auto sales drove an increase in paying subscribers for its satellite radio service. The net income attributable to common shareholders rose to $171.3 million, or 3 cents per share, in the first quarter ended March 31 from $105.7 million, or 2 cents per share, a year...

  • The acquisition marks the latest effort by Cincinnati- based Scripps, which has 33 local television and 34 radio stations across the country, to ramp up its digital offering to appeal to millennials. "There is a ton of evidence that humor is the lens through which millennials see the world," said Adam Symson, chief digital officer at Scripps, citing shows like "The...

  • SAN FRANCISCO, April 5- Pandora Media Inc hopes to go back to the future with the return of co-founder Tim Westergren as CEO and a renewed focus on its industry-leading data trove, built from the listening habits of more than 81 million people. Westergren, a former musician, had spearheaded Pandora's Music Genome Project, a pioneering music categorization system...

  • WASHINGTON, April 4- A Singapore man accused of illegally exporting U.S. parts found in explosives in Iraq, through Iran, has been extradited to the United States to face charges on Monday, the Justice Department said. Lim Yong Nam, 42, was indicted in 2010 for sending radio frequency modules from Minnesota to Iran between 2007 and 2008, violating a U.S. trade...

  • Pandora down nearly 30% YTD

    Andy Hargreaves, Pacific Crest Securities, looks at Pandora's growth strategy.

  • Pandora shares slide as CEO departs

    Brian McAndrews is leaving Pandora as chief executive and will be replaced by founder and former CEO Tim Westergren. The "Squawk on the Street" crew discuss.

  • Throughout the investor presentations, Moonves and other executives spoke with optimism about the future of CBS, whose shows include "The Big Bang Theory" and "The Good Wife," and which also owns premium cable service Showtime. By 2020, CBS expects 40 percent of its revenue will come from advertising, down from 50 percent currently. CBS has focused in ramping up its...

  • March 15- CBS Corp will explore strategic alternatives for its radio business, Chief Executive Les Moonves said at an investor presentation on Tuesday.

  • *Israel defence ministry declines comment on seizure report. JERUSALEM, March 15- Israel has appropriated large tracts of land in the occupied West Bank near the Dead Sea and the Palestinian city of Jericho, Israeli Army Radio said on Tuesday. Israel's Peace Now movement, which tracks and opposes Israeli settlement in territory captured in a 1967 war, said the...

  • ISRAEL SEIZES LARGE TRACTS OF LAND IN OCCUPIED WEST BANK- ARMY RADIO.

  • NEW YORK, March 9- iHeartMedia Inc, the largest owner of U.S. radio stations, on Wednesday secured a temporary restraining order from a state court in Texas rescinding notices of default it received from a small number of its senior creditors. The San Antonio, Texas- based company has been battling with creditors, a group made up mostly of hedge funds, after it moved...