Publicis Groupe to acquire Razorfish
Publicis Groupe and Microsoft jointly announced Publicis Groupe will acquire digital marketing agency Razorfish in a transaction valued at $530 million. In addition, they’ve...
Imus soon to sign with Fox Business Network
Well, since FBN sent us this L.A. Times article, we’re thinking this is all but a done deal: “Fox Business is in talks with shock jock Don Imus about
Gores brother eying Boston Globe
Members of the Gores family apparently see future value in media properties. Alec Gores’ private equity firm, The Gores Group, already owns Westwood One....
CEOs pessimism returning, consumers not so much
Chief Executive magazine found less confidence in the economy from its corner office clientele for the month of July. The overall index plummeted from...
Clunkers gassed back up
The unamended House version of the Cash for Clunkers program easily made it through the Senate by a 60-37 vote, and has already been...
Sotomayor ceremony 1st on TV
Television cameras were rolling and mics were hot when Sonia Sotomayor was sworn in to sit on the Supreme Court last weekend. It was...
CIT Group draws credit line, stops dividends
Business lender CIT Group says it has completely drawn its $3 billion credit line as it works to restructure. The company also called a...
Cox takes Austin paper off the auction block
Cox Enterprises, which has recently sold a number of its newspapers, has decided to hold onto the Austin American-Statesman. There were a number of...
More Cash for Clunkers
The US Senate late Thursday passed 60-39 a bill authorizing $2 billion more for the popular government program referred to as “Cash for Clunkers,”...
Salem’s Q2 revenues down less than 13%
Compared to many other broadcasters, that’s a good number. Q2 revenues were down 12.8% and Salem Communications is projecting that it will do about...
Q2 brought “steady and real” improvement at CBS
“In every part of the media landscape, CBS content is at the top of its game – and by the way, content is king,”...
LIN moves ahead with caution
Like most companies in the advertising business, LIN Television watched its Q2 2009 net revenues plummet, taking a -20% hit over the same period...
Reid ties Republicans to talk shows
“It's a party being run by a talk show host." That’s Senate Majority Leader Harry Reid’s (D-NV) take on the Republican Party. He was...
DG FastChannel reports Q2 results
DG FastChannel, provider of digital media services to the advertising, entertainment and broadcast industries, reported record Q2 financial results. Consolidated revenue for Q2 was...
Charlie Rose goes global on Bloomberg
Starting in September, Charlie Rose, the nightly in-depth conversation show, will reach audiences across the globe via Bloomberg's multimedia platforms. Rose, which airs on...