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The Federal Communications Commission will not support a merger between satellite radio services XM and Sirius, says chairman Kevin Martin.
Martin said that while the FCC would look at any merger plan filed with the commission, there is a prohibition on one entity owning both of those licenses, according to Adweek. He reminded reporters that a “pro-consolidation oriented panel of commissioners” already rejected that proposal in 2004.
Merger mania was created in part by the imaginations of Wall Street analysts, according to the article, though Sirius chief executive Mel Karmazin has publicly stated that a merger makes sense.
Rules of media ownership are currently being reviewed by the FCC, and Martin hopes that the commission will hold its next public meeting on the topic in February or March. Four more meetings around the country have been proposed.
Vending machines filled with a “synthetic blood nourishment beverage” called Tru Blood have sold out - but vampire fans can get more of the bloody refreshment at events across the country promoting a new HBO drama.
The series True Blood,…
Total magazine rate-card-reported advertising revenue for the first half of 2008 closed at $11,554,569,406, down 3.1 percent compared with the first half of 2007, according to Publishers Information Bureau (PIB), Magazine Publishers of America reported (via MarketingCharts).
Ad pages during the first…
Internet coupons have become of increasing interest to consumers, with 11 percent of households now obtaining coupons via the internet - an increase of 83 percent since 2005 - according to (pdf) a recent analysis by Scarborough Research, reports MarketingCharts.
However, the…
AMC’s Mad Men snared 16 Emmy nominations, including best drama - the first time a basic cable series was nominated in the best-series category.
The show received the most nominations of all dramatic TV series. FX’s Damages also received a…
Vogue will follow the lives of three young women as they enter the world of top modeling, pulling video together for a web-based reality series called Model.Live. Clothing retailer Express LLC paid in the low seven figures to be the…
Antiperspirant manufacturer Mitchum is launching a promotion, kicked off in the Pacific Northwest this month, that offers consumers $1 coupons attached to hangers that come from dry cleaners.
This is the third time Mitchum has partnered with EcoHangers - a company…
