Archive | media ownership & consolidation

Univision antes up a million bucks for payola violations

It’s been a few years since the FCC reached consent decrees with CBS, Citadel and Clear Channel over illegal pay-for-play schemes, so you think that the major broadcasters would have learned their lesson. Apparently the warning didn’t get translated into Spanish. Yesterday the FCC released a new consent decree [PDF] with Spanish-language broadcaster Univision which […]

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Chicago Reader Goes the Way of Clear Channel and Leverage Is the Culprit

Private equity seems all the rage for financially troubled media properties, though I contend that is a bad thing. As I report on this week’s radioshow, all of the alternative weeklies owned by Atlanta-based Creative Loafing Inc. became the property of New York-based Atalaya Capital Management, which won a bankruptcy auction buying the company for […]

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