Platinum Equity buying CBS Outdoor
It’s an irrevocable binding offer to acquire the assets of CBS Outdoor International for $225 million
Interest in college degree eroding
And part of the reason may be the recent increase in the interest rate attached to student loans, according to a new survey from...
Time Warner names new CEO for Turner
Time Warner CEO Jeff Bewkes says that John K. Martin will be the next CEO of Turner Broadcasting System beginning 1/1/14, succeeding Phil Kent,...
Greyhound offering on-board entertainment system
The system is called BLUE, and it will be available to inter-city passengers on Greyhound buses, giving them access to a wide variety of...
Marketron’s Network Connect adds 1,000th station
Marketron, provider of software solutions and business services for the media industry, has reached a milestone with Network Connect, a component of its Mediascape...
Meredith to launch Allrecipes Magazine, TV segment
Meredith says the magazine will be a print extension of the company's Allrecipes.com digital destination. This represents the media industry's first large-scale digital-to-subscription magazine...
Broadcasters Foundation names new board members
The Broadcasters Foundation of America has named four new members and a new officer to its Board of Directors. The new members were voted...
GE Capital takes a look at Q1 deal climate
According to GE Capital's just-released Industry Research Update for Media, following a resurgence of deal activity in 2011, with $3 billion of total deal volume (most notably Cumulus Media’s $2.3 billion purchase of Citadel Broadcasting), deal activity returned to a more modest pace in 2012, closer to $1 billion and was quite limited in 1Q. From the report:
Service seeks to combine power of radio and WOM
DMR Interactive believes that a great way to increase the effectiveness of local radio is to harness it to the power of word-of-mouth advertising,...
GE Capital takes a look at Q1 ad spend
According to GE Capital’s just-released Industry Research Update for Media, overall domestic ad spend growth rates contracted in Q1, although the aggregate growth rate for consumer spending on media & entertainment continue to demonstrate improvement. Indications have been that ad spend did improve late in the quarter. From the report:
EAS systems hackable, but fix is here (video)
Several models of Emergency Alert System have vulnerabilities that would allow hackers to hijack them and deliver fake messages to the public, according to a Wired.com story, but they’re working on the fix.
News is preferred content for mobile TV viewers
A 12-television-group mobile TV joint venture commissioned a study from Rentrak which found that the primary use for mobile television is catching up on local and national news. And usage spikes when a major event is in progress.
Mortgage relief scammer halted by FTC
A scheme to bilk distressed homeowners out of $2K-$4K with false promises of legal help and lower mortgage payments has been taken to court...
Blending viewing, spending habits to up ad sales
In a recent case study Nielsen and Scarborough conducted with Entravision, a new and unique path into consumer’s collective wallets was blazed in an...
Kelley spotlights top affordable sedan choices
As has been widely reported, the automobile industry is enjoying very favorable comps in regard to its