• ABC Names Charlie Gibson New Anchor Of 'World News Tonight' by David Goetzl

    Looking to establish momentum before Katie Couric takes over the anchor chair at CBS--and perhaps eliminate some uncertainty as the upfront kicks in--ABC has named Charlie Gibson as the new anchor of its "World News Tonight." ...Read the whole story

  • CBS Looks To Sell Small-Market Radio Stations by Wayne Friedman

    For CBS there will be more selling, but perhaps very little buying, Les Moonves told investors at Morgan Stanley's annual Media & Communications conference. A day after the media company said it would sell its Paramount Parks division to private investor Cedar Fair L.P. for $1.24 billion in cash, CBS now says it will put 32 to 35 smaller-market radio stations up for sale--which comes to around 20 percent of its 179 CBS radio station portfolio. ...Read the whole story

  • Arbitron Gets More Support, Some Mixed Signals For PPM by Joe Mandese

    Arbitron has picked up new endorsements for its portable people meter system - one domestically and one internationally - but a week after one of the largest radio broadcasters, CBS, gave Arbitron its biggest vote of confidence to date, it indicated it may get a lot smaller. CBS Tuesday said it is exploring the sales of its radio stations in ten markets (see related story in today's MediaDailyNews). ...Read the whole story

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