International Business News - Channel http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif The deal to take Clear Channel Communications Inc. private, announced 20 months ago, has been the subject of a lot of static from rankled shareholders, company officials and lenders. http://www.ibtimes.com/data/articleimgs/95601-clear-channel-headquarters.jpg http://www.ibtimes.com/articles/20080722/shareholders-consider-clear-channel-buyout-again.htm http://www.ibtimes.com/articles/20080722/shareholders-consider-clear-channel-buyout-again.htm Tue, 22 Jul 2008 08:17:51 EDT Two of the largest radio station operators have agreed to a syndication deal for conservative talk show host Sean Hannity. In a joint statement Monday, Citadel Broadcasting Corp. and Clear Channel Radio said they will syndicate Hannity's program starting Dec. 28. Clear Channel's Premier will handle all advertising sales for the show. http://www.ibtimes.com/articles/20080721/citadel-clear-channel-to-co-syndicate-hannity.htm Mon, 21 Jul 2008 10:39:55 EDT An investor who says he lost millions on the failed Military Channel cannot collect from the bank that handled the network's funds, a federal appeals court ruled Wednesday. http://www.ibtimes.com/articles/20080709/panel-rejects-suit-in-military-channel-dispute.htm Wed, 09 Jul 2008 17:13:21 EDT NBC Universal and two partners said Sunday they have reached a deal to buy The Weather Channel from Landmark Communications Inc., ending a drawn-out process that had attracted interest from several major media companies. http://www.ibtimes.com/articles/20080706/nbc-universal-agrees-to-buy-the-weather-channel.htm Sun, 06 Jul 2008 17:45:13 EDT An investor group led by NBC Universal moved closer to buying The Weather Channel Friday after Time Warner Inc. dropped out of the bidding. NBC Universal, a unit of General Electric Co., said late Friday that it had entered exclusive negotiations to buy The Weather Channel from its owner, Landmark Communications Inc. http://www.ibtimes.com/articles/20080614/the-weather-channel-moves-closer-to-deal-with-nbc.htm Sat, 14 Jun 2008 02:04:53 EDT An investor group led by NBC Universal moved closer to buying The Weather Channel Friday after Time Warner Inc. dropped out of the bidding. NBC Universal, a unit of General Electric Co., said late Friday that it had entered exclusive negotiations to buy The Weather Channel from its owner, Landmark Communications Inc. http://www.ibtimes.com/articles/20080613/the-weather-channel-moves-closer-to-deal-with-nbc.htm Fri, 13 Jun 2008 20:13:59 EDT Time Warner Inc. has dropped out of the running to buy The Weather Channel, a person familiar with the matter said Friday, leaving General Electric Co.'s NBC Universal as the main bidder. http://www.ibtimes.com/articles/20080613/time-warner-drops-bid-for-weather-channel.htm Fri, 13 Jun 2008 15:40:13 EDT Clear Channel Communications Inc. said Wednesday that full funding for its $17.9 billion sale to two private equity firms is now in place in an escrow account. http://www.ibtimes.com/articles/20080528/clear-channel-says-17-9b-buyout-now-fully-funded.htm Wed, 28 May 2008 20:46:15 EDT Clear Channel Communications Inc. spent more than $760,000 in the first quarter lobbying against the combination of two satellite radio companies and on other issues, according to a disclosure form. http://www.ibtimes.com/articles/20080523/clear-channel-spent-more-than-760-000-lobbying.htm Fri, 23 May 2008 16:57:56 EDT Clear Channel Communications Inc. said the debt financing needed for its $17.9 billion sale to two private equity firms is in place, clearing one hurdle in the transaction's path. http://www.ibtimes.com/articles/20080523/clear-channel-clears-buyout-hurdle.htm Fri, 23 May 2008 16:42:25 EDT Clear Channel Communications Inc. said it will receive full funding for the debt financing needed for its $17.9 billion acquisition, clearing one hurdle in the transaction's path. http://www.ibtimes.com/articles/20080523/clear-channel-reaches-agreement-with-its-lenders.htm Fri, 23 May 2008 07:00:59 EDT A new pay TV channel that Paramount, MGM and Lionsgate are setting up is hiring ex-Showtime executive Mark Greenberg as its new chief executive. The studios announced the channel last month when they could not reach a deal to continue to supply their movies to the Showtime pay TV channel, which belongs to CBS Corp. http://www.ibtimes.com/articles/20080519/new-pay-tv-channel-hires-ex-showtime-executive.htm Mon, 19 May 2008 15:45:17 EDT Clear Channel Communications Inc. says it has resolved a legal dispute with its lenders, clearing the way for the leading radio broadcaster to go private. http://www.ibtimes.com/articles/20080513/clear-channel-lenders-resolve-dispute-over-buyout.htm Tue, 13 May 2008 23:19:06 EDT Clear Channel Communications Inc. and its prospective buyers are talking with banks to try to settle a dispute over whether the banks must fund promised loans for the $19.5 billion takeover, the radio and outdoor advertising company said Monday. http://www.ibtimes.com/articles/20080512/clear-channel-banks-buyers-in-settlement-talks.htm Mon, 12 May 2008 17:13:50 EDT Shares of Clear Channel Communications Inc. are surging on media reports that a revised deal has been reached to finance the radio and media company's buyout by Thomas H. Lee Partners and Bain Capital. http://www.ibtimes.com/articles/20080512/clear-channel-surges-on-possible-buyout-financing.htm Mon, 12 May 2008 12:53:31 EDT Among the earnings stories for Friday, May 9, from AP Financial News: NEW YORK (AP) _ Clear Channel Communications Inc., a major radio and outdoor advertising company, reported higher first-quarter earnings Friday on asset sales but operating results were flat, reflecting weak demand for radio advertising. http://www.ibtimes.com/articles/20080509/earnings-roundup-clear-channel-gentek.htm Fri, 09 May 2008 18:33:32 EDT Among the earnings stories for Friday, May 9, from AP Financial News: NEW YORK (AP) _ Clear Channel Communications Inc., a major radio and outdoor advertising company, reported higher first-quarter earnings Friday on asset sales but operating results were flat, reflecting weak demand for radio advertising. http://www.ibtimes.com/articles/20080509/earnings-roundup-clear-channel-cogent-comm.htm Fri, 09 May 2008 16:10:32 EDT Clear Channel Communications Inc., a major radio and outdoor advertising company, reported higher first-quarter earnings Friday on asset sales but operating results were flat, reflecting weak demand for radio advertising. http://www.ibtimes.com/articles/20080509/asset-sales-boost-clear-channel-profit-deal-still-in-limbo.htm Fri, 09 May 2008 11:23:31 EDT Clear Channel Communications Inc. reported Friday its first-quarter profit soared due to asset sales, an investment gain and higher revenue, but earnings from continuing operations were flat. http://www.ibtimes.com/articles/20080509/clear-channel-profit-surges-income-flat-from-continuing-ops.htm Fri, 09 May 2008 08:44:45 EDT Billboard advertising company Clear Channel Outdoor Holdings Inc. said Friday its first-quarter profit grew more than fivefold, primarily on the sale of its stake in a South African outdoor advertising company. http://www.ibtimes.com/articles/20080509/clear-channel-outdoor-1q-profit-grows-more-than-fivefold.htm Fri, 09 May 2008 08:06:34 EDT