Clear Channel Cleared For Takeover
                   
forbes.com     May 15, 2008            

Clear Channel may have agreed to a lower price, but with the credit squeeze and declining radio advertising, investors seem happy that the long-awaited buyout deal is finally moving forward. On Tuesday, Clear Channel (nyse: ) and private-equity outfits Thomas H. Lee Partners and Bain Capital... [read full story]                    


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Clear Channel ratings downgraded by Moody's

ibtimes.com     Jul 31, 2008   44 related          

NEW YORK - Moody's Investor's service downgraded several of Clear Channel Communications Inc.'s ratings on $23 billion of its debt Thursday, citing high debt levels related to the company's buyout. Moody's assigned the company...                    

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Comcast Profits Rise 8%, but Ad Revenue Slumps

mediabuyerplanner.com     Jul 31, 2008   68 related          

Comcast, the nation’s largest cable operator, reported ad sales of just under $400 million in the second quarter, a drop of 2 percent compared to the same period last year. While ad revenue accounted for just 4.5 percent of the...                    

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Office Depot Posts Net Loss, on Weak North American Demand

mediabuyerplanner.com     Jul 31, 2008   23 related          

Office Depot’s Q2 sales slipped 1 percent to $3.6 billion. It posted a net loss of $2 million, compared with a profit of $106 million in the same quarter last year, due to lower-than-expected retail sales in its North American...                    

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Google Preps Joystick for In-Game Ad Invasion

mediabuyerplanner.com     Jul 31, 2008   18 related          

For the last several months, Google has quietly been testing an “AdSense for Games” platform. Sources say the technology enables advertisers to place video ads in games. In some demos, a character from the game even introduces...                    

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