AP, impreMedia team for mobile Hispanic news content
The Associated Press and impreMedia, a Hispanic multi-platform news and information company, announced an agreement to distribute Spanish-language content over its AP Mobile (www.apnews.com),...
Tribune board ups Randy Michaels to CEO
Tribune Company announced Wednesday morning that its board of directors had named Randy Michaels CEO and elected him to the board. Michaels had been...
Salem sells bonds, gets Moody’s upgrade
Salem Communications Corporation announced that it has consummated its private placement offering of $300 million of its 9.625% Senior Secured Second Lien Notes due...
AFA aims anew in Xmas boycotts
Gap Inc. managed to get three of its outlets -- Gap, Old Navy and Banana Republic -- out of the crosshairs of the American Family Association by the simple expedient of running an ad for...
Tribune Co. gets more time for Chapter 11 plan
Angry creditors have failed in an attempt to push Sam Zell aside and submit their own reorganization plan for Tribune Company. A federal bankruptcy...
Sale of BusinessWeek to Bloomberg completed
Bloomberg LP announced that it has completed the acquisition of BusinessWeek from The McGraw-Hill Companies. The deal was announced a month and a half...
Anti-alcohol ad campaign launched
The Marin Institute has kicked off its second anti-alcohol advertising invitation. It targets the Super Bowl, which it calls “the biggest alcohol advertising and...
B&C, Multichannel sold to NewBay
Reed Business Information has found a buyer for its US media trade titles. NewBay Media announced that it has acquired Broadcasting & Cable, Multichannel News and TWICE...
Reports: GE and Vivendi come to terms
The Wall Street Journal, Bloomberg, the Financial Times and other financial news sites are reporting that General Electric has agreed to pay $5.8 billion...
Radio One ends print version of Giant magazine
Giant magazine, aimed at affluent African Americans, age 21-34, has ceased publication in print. Owner Radio One has instead announced the launch of GIANTlife.com...
BBC iPlayer app coming to Apple iPhone
BBC is reportedly soon to release a native iPlayer mobile application for the Apple iPhone. They currently have a web based edition that runs...
Lachlan Murdoch sells some News Corp shares
It appears Lachlan Murdoch has been liquidating some of his inheritance to pay for his new investments. According to an SEC filing, the eldest...
Univision launches new digital ad and publisher network
Univision Interactive Media announced the launch of the Univision Partner Group (www.univisionpartnergroup.com). The new unit targets U.S. Hispanics and provides a far-reaching digital advertising...
FCC asks court to continue cross-ownership stall
Former FCC Chairman Kevin Martin’s attempt to loosen broadcast/print cross-ownership regs has predictably been stalled in court. The Julius Genachowski FCC has asked the...
Murdoch reported to be in Nielsen pub bid
That’s Lachlan Murdoch, eldest son of News Corporation mogul Rupert Murdoch, who just last week made his first investment in Australian radio. Now the...