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Radio One is establishing a presence in the print media world with its acquisition of Giant Magazine.
The company purchased Giant for $270,000 - “a limited amount of capital,” according to CEO Alfred Liggins - writes the Washington Business Journal. The magazine was launched in 2004 as an entertainment magazine for men in their twenties, but was relaunched last year as a lifestyle and music magazine.
Targeting urban readers, recent covers have included Beyonce, Janet Jackson and Sean Combs. New editor in charge of the relaunch, Smokey Fontaine, will become chief executive and will also have an undisclosed financial stake in the publication.
As the largest radio broadcasting company primarily targeting African Americans and urban listeners, the acquisition should allow the company to leverage its other media assets to increase the likelihood of success in what Liggins calls “unquestionably a challenging, but important, business.”
Marketers have unleashed their holiday promotions earlier than ever this year, with many hitting the stores well before Thanksgiving. But Sirius XM isn’t launching most of its 24-hour holiday music channels until turkey day or later.
The newly merged company…
PC Magazine will stop publishing a print edition with its January issue. The magazine will shift operations entirely online.
The magazine will be sent via email with a link to the current edition. It will continue to look like the…
The switch to digital television arrives in less than three months, and to remind consumers of the transition, the National Association of Broadcasters is running a campaign across PumpTop TV’s network of screens at gas stations.
The spot began airing…
After the third week of Nov. sweeps, the tie between CBS and ABC remains intact.
CBS is still the most-watched network, while it is tied with ABC for No. 1 among adults 18-49, writes Mediaweek.
CBS maintains its lead on the…
Getting real-time, 24/7 online access to company news and reaching responsive and efficient PR representatives still rate high on journalists’ wish-lists, but reporters are increasingly sourcing stories from new forms of media as well, according to research from Bulldog Reporter and TEKgroup…
Through the first half of the year, automakers have slimmed their ad spending by 10% to $6.1 billion, according to Nielsen Monitor Plus.
General Motors slipped 6% to $1.2 billion, while Ford Motor cut ad spend by 22% to $954…
