In an effort to ward off a board takeover attempt by FrontFour Capital Group hedge, Fisher Communications managment is pushing to elect broadcast veterans Roger Ogden, Anthony Cassara and Michael Wortsman, along with business leader Richard L. Hawley, to the board at the company’s May 11 shareholders’ meeting.
Fisher Communications has launched HeadDrama, a localized lifestyle website that provides information and commentary on issues related to mental health and dealing with daily life concerns. HeadDrama, which is the […]
The broadcaster says David Lorber and his hedge fund FrontFour Capital are attempting to take control through a proxy contest after failing in a takeover bid late last year.
The first in a series of new sites under the Buzz Brands umbrella is targeted to women and rolls out at stations in 134 markets, including 110 CW Plus stations.
Hedge Fund Making Power Play For Fisher
The Seattle-based owner of 13 full-power and seven low-power TVs as well as a major Seattle office building rejected an unsolicited bid from a Canadian real estate firm, but the bid still has the backing of hedge fund and board dissident FrontFour.The fate of the company and its broadcast stations may rest with Mario Gabelli, Fisher’s biggest institutional investor.
Fisher Communications has hired Justin Lewis as its new director of research. Lewis is an experienced research professional with an extensive knowledge of market research sampling techniques and methodology, a […]
Exclusives
A judge in the U.S. District Court in Seattle has granted a motion by Fisher Communications and other broadcasters and networks to dismiss ivi Inc.’s suit there, concluding that ivi improperly filed the Seattle suit in anticipation of being sued by broadcasters and others in another jurisdiction. The decision clears the way for a court in New York to take up the copyright infringement case against ivi for its distribution of TV station signals over the Internet. This is the same court that recently decided in favor of broadcasters and against FilmOn, another company that was retransmitting broadcast signals over the internet without retransmission consents, and claiming it was a cable system.
A Vancouver real estate company says that Fisher Communications, owner of TV and radio groups and Seattle real estate, last month spurned its offer of $211 million, which represented an 18% premium over the stock price at the time. It says it decided to go public with its bid in an effort to put shareholder pressure on management.
Fisher Communications is now airing This TV Bakersfield on the digital tier of its Fox affiliate KBFX-CD Bakersfield, Calif. (DMA 125). THIS TV Bakersfield is a programming service offering a […]
Fisher Communications Chief Financial Officer Joseph Lovejoy will leave the company at the end of the year. He will be replaced by Fisher VP of Finance Hassan Notha.
Fisher Reports 27% Boost In TV Revenue
Strong increases in core advertising categories as well as political spending drives third quarter net TV revenue up by $7 to $32 million.
