BCFM Becomes Media Financial Management Association

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The Broadcast Cable Financial Management Association (BCFM) changed its name to the Media Financial Management Association (MFM), effective Monday.

The change is part a response to the expansion of traditional media companies into new businesses. It is also an attempt to broaden the group's membership by wooing companies that are becoming part of the media business via online, mobile and other platforms.

The name change was approved at a board meeting in May.

MFM represents 1,200 financial, station-management, information-technology, audit and human-resources executives.

John Eggerton
John Eggerton

Contributing editor John Eggerton has been an editor and/or writer on media regulation, legislation and policy for over four decades, including covering the FCC, FTC, Congress, the major media trade associations, and the federal courts. In addition to Multichannel News and Broadcasting + Cable, his work has appeared in Radio World, TV Technology, TV Fax, This Week in Consumer Electronics, Variety and the Encyclopedia Britannica.