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Radio Advisory Council Passes Resolution on PPM

Arbitron will soon be going live with PPM as currency in selected markets, and in advance of that, the Arbitron Radio Advisory Council passed a resolution yesterday recommending that Arbitron provide a minimum of 60 days prior notice before PPM becomes currency in any specific market.

The Council requests that Arbitron announce its planned implementation dates for all markets scheduled to convert to PPM in 2007, though it acknowledges that dates may be subject to revision. “Earlier notification of scheduled PPM currency dates will help the industry educate the marketplace, better train its people and work cooperatively with advertisers and agencies to position radio’s value,” the resolution states.

As far as MRC accreditation of the PPM process goes, the resolution reads, “The Council continues to believe that MRC accreditation of the PPM process will contribute to industry acceptance and support radio’s credibility with advertisers.” It urges the MRC and Arbitron to complete the accreditation process.

The Council also supports Arbitron’s commitment to complete the MRC audit process in each market prior to introducing PPM as currency in that market.

The positive resolution from the Council could encourage more radio groups to climb aboard, according to Mediaweek. Currently Arbitron has signed 11 of the nation’s largest radio groups, including No. 2 group, CBS Radio. Clear Channel, the largest radio group in the country, has yet to sign. However, veteran radio analyst Jim Boyle, with CL King, believes Clear Channel will sign for the PPM by the end of the year.

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Katz Adds Lincoln Financial Media to Client List

Katz Media Group has added another new client, Lincoln Financial Media, and will sell ad time on the company’s 15 stations beginning immediately.

Katz also added CBS Radio and Entercom last week, picking them off from Interep’s list.

Katz has also…

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‘Time’ Takes Top Magazine Slot for College Students

Time magazine ousted Cosmo as the top magazine for college students in this year’s Anderson Analytics fall survey.

Time also jumped past People, which was last year’s No. 2, writes Ad Age. A Time spokesperson said the magazine did not run…

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Despite Belt-Tightening, Out-of-Home Still Shows Promise

Out-of-home companies are bracing for the recession like everyone else, but they may not feel the sting as badly as other media.

Though the third quarter brought negative growth to the nation’s three largest OOH companies - Clear Channel Outdoor,…

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CNN Floats More Affordable Wire Service to Newspapers

CNN plans to offer newspapers a wire service as an alternative to the Associated Press. CNN, which already runs an internal wire service, will explain its new, expanded service to editors from about 30 papers who are visiting Atlanta this…

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Icahn Snaps Up More Yahoo

Regulatory filings reveal that billionaire hedge-fund manager Carl Icahn bought nearly 7 million additional shares — about $67 million worth — of Yahoo.

The investor paid an average of $9.92 for each share over the course of three days, bringing…

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Online TV, Video & Phone Show Biggest Yearly Growth

Email, news gathering and paying bills continue to be the most widely used online activities among U.S. adults, but downloading TV programs, watching videos and making web phone calls posted the biggest overall growth, according to data from Mediamark Research…

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