Illinois broadcasters take the quick cash. But are they driving viewers away from live TV? If you thought 2015 would be free of political advertising – think again. Illinois Governor Bruce Rauner – you know, the one who headed GTCR – the investment firm who funded Randy Michaels’ Merlin Media, and Sam Zell – the one who destroyed the Chicago Tribune – […]
– Sun-Times reverses decision on endorsements – Premiere week shows cool off, but Jane The Virgin and Criestla debut to respectable numbers with cancellations coming from other places – Florida Panthers attendance woes * Fox announced Friday morning it had a new affiliation deal with Tribune Broadcasting’s KCPQ, but with a few catches – the deal only runs through July 2018 and […]
The reign and terror of Randy “Court Jester” Michaels in radio has finally come to an end. In a blockbuster move, Cumulus announced Friday morning it was taking over operations of Merlin Media’s two remaining stations immediately: classic rocker WLUP-FM (97.9) and Variety Hits WIQI-FM (101.1), which was once home to the failed “FM News” experiment. The deal also gives […]
The Court Jester rides again. In a move that took everyone by surprise, Emmis Communications sold controlling interest in WLUP-FM (The Loop) and WKQX-FM (Q101) and a New York City station (WRXP-FM) to a constroium headed by former Tribune Co. CEO Randy Michaels and Chicago-based equity group investement group GTCR, Inc. The news was first reported yesterday as a tip […]