CNN Airport Network Faces Turbulence From Rival Waiting Lounge TV Service

By | Tuesday September 4, 2012 @ 1:06pm PDT

It’s hard to argue with competition, I guess. But this still sounds like discouraging news for people who hate being force-fed TV ads, or inane entertainment: Clear Channel Outdoor Holdings said today that it will launch a … Read More »

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Clear Channel Kicking Tires On CBS Outdoor Unit: Report

By | Tuesday June 19, 2012 @ 2:55pm PDT

Clear Channel Outdoor Holdings is considering buying CBS’ billboard division, a deal that would boost sales at CCO by nearly two-thirds. A person familiar with the matter told Bloomberg that CBS was approached by bankers interested in finding buyers for the billboard unit and agreed to listen to proposals. “Everyone is going to be looking at it and sizing it up, seeing if there’s value to be had,” said Clear Channel Outdoor’s CEO William Eccleshare. The Wall Street Journal, citing unidentified people with knowledge of the operation, reported previously that CBS is asking $6 billion for the unit, but Eccleshare said he’d be surprised if anyone agreed to pay that much. A spokesman for CBS declined to comment on Eccleshare’s remark.

Related: Will CBS Sell Its Billboard Business? Read More »

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