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MediaNews Group Inc., along with publishing company Hearst Corp., will pay $1 billion in cash to acquire four newspapers - the Contra Costa Times, the San Jose Mercury News, the Monterey County Herald and the St. Paul Pioneer Press - from The McClatchy Co., writes Yahoo.
MediaNews has had its eye on the four papers currently owned by Knight Ridder Inc. - which has been bought out by McClatchy - to strengthen its presence in northern California, where it currently owns several San Francisco Bay Area papers.
“These were the newspapers that excited us the most about Knight Ridder,” said William Dean Singleton, head of Denver-based MediaNews.
When the deal closes, MediaNews will become the nation’s fourth-largest newspaper company, based on circulation, with 53 daily newspapers contributing to an overall 2.7 million daily circulation.
Though off-air online and experiential advertising grew modestly as a part of the overall radio revenue pie, and election-related political ads increased in Q3, total radio ad revenues were down 9% to $4.97 billion for Q3 and down 10% for…
Glamour magazine is running its photo of Britney Spears not only on the cover of the U.S. edition, but on the covers in seven other countries, as well.
Britney will grace Russia, Sweden and Greece’s editions of Glamour, among others.…
Titan Worldwide has signed a five-year deal with the Delaware River Port Authority to manage out-of-home advertising for the Port Authority Transit corp.
The contract covers advertising on PATCO’s rail service and stations between Southern New Jersey and Philadelphia, writes Mediaweek.…
Publicis has acquired full-service agency W&K Communications, continuing its Asia expansion that began several years ago.
W&K will be pulled under the umbrella of Publicis’s Burnett agency network, and will be renamed Leo Burnett Beijing Advertising, writes Adweek.
Other recent Publicis…
With only four weeks separating Thanksgiving and Christmas this year, Cyber Monday One (December 1) and Cyber Monday Two (December 
may command a greater share of online sales than they have in years past - thus increasing the importance…
Top American non-luxury auto brands received higher ratings and less negative comments from online consumers than competing Japanese brands, according to an analysis of consumer opinions collected from automotive review websites by Biz360, MarketingCharts reports.
The research, which aggregated a year’s…
