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With losses reaching $5 million a month, Bill Heard Chevrolet filed for Chapter 11 bankruptcy protection early today in a federal court in Alabama. ...more
September 29, 2008
As the purchase of XM Satellite Radio by larger rival Sirius Satellite Radio Inc. closed Tuesday, questions remained over whether the combined company can handle its $3.4 billion in debt, including $1.1 billion due next year. ...more
July 30, 2008
Radio advertisers who for years complained about the low-tech way of tracking listeners are getting what they asked for and more: Electronic ratings are delivering more accurate counts but are also upending basic assumptions about the industry. ...more
October 8, 2007
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