Wednesday, May 24, 2006
  • ABC Names Charlie Gibson New Anchor Of 'World News Tonight'

    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

    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

    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

  • Clear Channel Outdoor Deal Is A Dilly, Includes Piccadilly

    Clear Channel Communications is continuing to expand internationally in what is emerging as the hottest global growth medium: out-of-home. Clear Channel Outdoor this morning announced a deal to acquire the U.K. operations of rival outdoor ad company Van Wagner. The acquisition expands Clear Channel's coverage in London with 70 key sites, including a big screen in Piccadilly Circus. ...Read the whole story

  • NBC's 'Last Comic Standing' Goes Interactive

    NBC's summer reality show "Last Comic Standing" will have both an online-only element and serve as a foray into interactive television. Comedians who don't make it to the final rounds of the broadcast version will compete weekly in stand-up battles on NBC.com. ...Read the whole story