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Falco Industry insiders were surprised yesterday when they learned that Randy Falco, president and chief operating officer of the NBC Universal Television Group, will be leaving to take the reins of chairman and CEO of AOL.
Falco will be leaving NBC U to take over AOL as Jonathan Miller, currently chairman and CEO, exists his post of four years, writes The Hollywood Reporter (via Mediaweek).
Industry speculation focused on Falco as likely taking the president and perhaps CEO role when it became known that he was in talks to take a senior post at AOL, but most thought that Miller would remain AOL’s highest-ranked executive.
Miller’s contract was not yet up, and it is not clear where he will be going after AOL.
Jeff Zucker, NBC U TV’s CEO, has a variety of internal replacement candidates to choose from, according to the article, but Falco’s departure will undoubtedly shake things up in a group already feeling the effects of a $750 million cost-cutting initiative.
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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.
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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 
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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…
