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Judge to Rule on CBS Lawsuit Against National Amusements Thursday

Updated at 5:06pm EDT – A Delaware judge, calling the case extraordinary, said he will rule Thursday whether CBS can hold a special board meeting later in the day where directors hope to issue a specialfeatured

Excess Volume in CBS Suggests 9%-11% Proration in Radio Exchange Offer

With volume in CBS having picked up considerably in the last two weeks, CTFN research analysts anticipate proration of approximately 9%-11% in the split-off exchangefeatured

CBS Radio Split-Off Likely Sees Less Participation than Outdoor

While there are similarities between CBS’s current split-off of its Radio business and the split-off of its Outdoor business in 2014, research by CTFN analysts suggests there is reason to believe that there will befeatured

Too Early to Forecast Spectrum Pricing Bankers Say

It is too early to forecast pricing in the Federal Communications Commission’s auction of broadcast spectrum, said three telecom sector bankers. Even though estimates have circulated for months, and the FCC set opening bids for the government’s purchase of spectrum from broadcasters in October, ultimately carriers determine prices after half a dozen or more bidding … Read Morefeatured

Paramount Could Tantalize Suitors as Viacom Woes Worsen

Activist investors eyeing Tuesday’s plunge in Viacom shares could be  wondering what the future might hold for the venerable media giant, especially now that the company continues to miss Wall Street earnings estimates and its legendary head, ailing 92-year-old Sumner Redstone, has been shunted to the sidelines. The Redstone-Viacom drama seems to have as many … Read Morefeatured

Twin Design /

FCC’s Incentive Auction May Face Muted Demand

The Federal Communications Commission’s upcoming auction of spectrum owned by broadcasters – intended to be acquired by the agency and then re-sold to  wireless carriers – is fraught with uncertainties and could be met with muted demand, said two sector bankers and two broadcasting sources. Most of the uncertainties have to do with the unusual … Read Morefeatured


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