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CC Sells Four Stations

Clear Channel Radio has sold four mid-south stations to Virginia’s 3 Daughters Media.

The acquisition by 3 Daughters includes Virginia stations WVGM-AM Lynchburg and WGMN-AM Roanoke and Chattanooga Tennessee stations WNGA-FM and WUUS-AM. The transaction also includes a pair of FM translators.

3 Daughters Media, Inc. CEO Gary Burns said he is planning to merge the stations with 3 Daughters Media’s WBLT Bedford and WMNA FM Gretna/Danville. “The combined coverage of 1240 Roanoke, 1320 Lynchburg, 1350 Bedford, and 106.3 Gretna/Danville will provide 24-hour sports from ESPN as well as local sports coverage to all of Roanoke, Lynchburg, Danville, and the surrounding areas.”

Related topics: Acquisitions/Biz Buzz, Radio...   

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Katz Signs CBS, Entercom

Katz Radio Group has snared two more major clients, having approached and signed CBS Radio and Entercom Communications, formerly clients of Interep.

CBS Radio represented about a third of Interep’s total revenue, writes Mediaweek.

Interep filed last month to convert its…

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B-to-B Magazine Revenue Flat over Three Years

B-to-b publication revenue was down slightly in 2007, sagging 0.4% from 2006; it was flat from 2005, according to American Business Media’s Financial Trend Report.

Print advertising pulled 84% of the average b-to-b title’s revenue, writes Folio.

Editorial, advertising and circulation…

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Mobile Internet in U.K. Grows 8X Faster than PC Internet

The number of Britons accessing the mobile internet increased by 25% (from 5.8 to 7.3 million) from Q2 to Q3 2008, compared with only a 3% increase for PC-based internet users (34.3 to 35.3 million Britons), according to (pdf) insight data…

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Online TV, Video & Phone Show Biggest Yearly Growth

Email, news gathering and paying bills continue to be the most widely used online activities among U.S. adults, but downloading TV programs, watching videos and making web phone calls posted the biggest overall growth, according to data from Mediamark Research…

Interactive read more like this »

eBay, Amazon Try to Best Brick-and-Mortar—and Each Other

Black Friday is typically known as the day of unbeatable deals, but also long lines, packed stores, and jostling customers.

But this season, online retail giants Amazon and eBay are doing their best to get customers out of stores and…

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Banks Increase Direct Mail 42% to Retain, Reassure Anxious Customers

Despite the U.S. financial crisis and dwindling marketing budgets at some financial institutions, the number of retention-related direct-mail offers sent by banks to current customers in Q3 2008 was 42% higher than in Q2.

View chart of estimated mail volume, Q3…

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