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BzzAgent Joins with GroupM for U.K. WOM

Britain will get its first word-of-mouth marketing agency with the partnership of GroupM UK and BzzAgent. The partnership preserves BzzAgent’s independence as a WOM media channel in the U.K.

The deal allows GroupM’s agencies to become the first in the U.K. to plan, execute and measure innovative WOM campaigns for its clients, according to the companies.

“Our partnership with BzzAgent is the latest example of the convergence of content creation and distribution. The rise of social media, including word of mouth, creates new opportunities for our agencies to add tremendous value for their clients,” said Stephen Allan, CEO of GroupM UK in a statement.

As a result of a rising demand for mixed media marketing coupled with an increased desire from consumers to get more involved with brands, the UK market is primed to boom in the coming months, believes BzzAgent CEO Dave Balter.

As of yesterday (Monday), the U.K. version of BzzAgent had already attracted 3,000 agents, writes the Boston Herald.

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Ad Industry Declines Mirror 2001 Recession: Goldman Sachs

All sectors of the media business will suffer from the weakened economy in 2008 and 2009, with a slump in local advertising particularly hurting newspapers and local TV, according to a new projection from Goldman Sachs.

Broadcast nets will experience…

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NY Times Shuts ‘International Herald Tribune’ Site Down

The New York Times is shuttering its International Herald Tribune site; NYTimes.com will soon host the international news normally reserved for its sister website.

The move is not about cost savings, but rather about growth, NYTimes.com general manager Vivian Schiller…

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Vaseline Tracks Actual Buzz about New Lotion in Small Alaska Town

Unilever’s Vaseline set forth on an unusual research project in a small town in Alaska. Setting up a storefront, the company began giving away free bottles of lotion and asking recipients to name the person who had recommended they come…

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‘Meet the Press,’ Minus Russert, Suffers Slow Slide

Meet the Press, the show hosted by Tim Russert for 17 years before his death last June, is beginning to slip in ratings.

Last month, CBS’s Face the Nation pulled ahead of Meet the Press for the first time in two…

Interactive read more like this »

Blogging Hits Mainstream, Integral to Media Ecosystem

Bloggers collectively create nearly one million blog posts each day, and half of bloggers believe blogs will be a primary source of news and entertainment in the next five years, according to Technorati’s 2008 State of the Blogosphere Report, MarketingCharts writes.…

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Discount Retailers Report Mixed September Results

Wal-Mart and Costco reported same-store gains in September, with sales rising 2.4% and 9% respectively. Sales at Target stores open at least a year fell 3%, writes Retailer Daily.

Below, fiscal results from the discount retail giants:

Sales of food and…

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