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MySpace Rival Launches Ad-Supported Widgets

U.K.-based social network Bebo is set to roll out ad-supported widgets - small web applications that users can embed into their profiles - in an effort to make advertising more relevant to its members.

Prediction: Magazine Industry to Continue to Slim Down

As publishers resolve to slim down the high cost of maintaining slippery circulation figures, more magazines can be expected to close in 2007.

eMarketer: Rosy Predictions for 2007

eMarketer makes 10 predictions regarding online advertising and marketing in the new year, on topics ranging from ad spend to e-commerce to mobile TV.

JC Penney Axes New COO

J.C. Penney Co. Inc.’s executive vp and COO, Catherine West, has been fired, with no reason publicly given.

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Luxury Media Offers In-Room Program for Luxury Advertisers

Luxury Media, LLC, a media communications company that works exclusively with the luxury segment, today announced the premier of its signature show, Within. Debuting this month, Within offers luxury brands the opportunity to reach target consumers through a 60-minute Entertainment Tonight-style program shown on in-room programming within high-end resorts and hotels.

EchoStar Pulls Plug on Court TV

EchoStar Communications Corp. has downgraded Court TV from its Dish Network channel lineup to a channel tier available in 3 million fewer homes than the 13 million to whom the channel was previously available.

New Baltimore News Site To Debut

Carton

Three Baltimore media professionals plan to launch a new online news site that will mix professional and citizen journalism, MediaPost writes.

RAB Pres: ‘Radio Must Take Place at Mad Ave Table’

Smyth

ZenithOptimedia and TNS Media Intelligence forecast that internet advertising will overtake radio in terms of dollars and share by 2009, if not earlier, pointing to the fact that the radio industry must change, and fast.

WaPo’s Print and Online to Merge More

Currently housing its online and print staffs in separate offices, the Washington Post - a pioneer in online news publishing - will be encouraging further integration of its print and online packages, reports Reuters (via MarketingVox).

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Sirius Says a Merger Makes Sense, XM Keeps Mum

Karmazin

Mel Karmazin, chief executive of Sirius, has touted the benefits of a merger with XM Satellite Radio for a number of months.

AT&T Plans Advertising-Based Revenue Model

AT&T plans to push a new advertising model, using it as the cornerstone of new wireless services initiatives, according to an interview with chairman-CEO Edward Whitacre Jr. in today’s Wall Street Journal.

WSJ Unveils New Design, ‘Reader’s Guide’


Click to enlarge

The Wall Street Journal unveiled its new design today, and it included a letter from publisher L. Gordon Crovitz explaining what readers can expect from the paper, during a time of change in the newspaper business.

Cinema, Transit Ads Tops in Outdoor Growth

Outdoor advertising should remain the fastest growing medium behind the internet, with a 6.7 percent growth rate, according to Veronis Suhler Stevenson.

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