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Dow Jones has issued a statement disagreeing with reports that a deal has been agreed to between Dow Jones and Rupert Murdochs’s News Corp. and that all that remained was for the Bancroft family to sign off on the agreement.
However, Andrew Neil, the author of the original report which was first published in the British publication The Business, continues to claim that everything in the report was true, writes The New York Times. Neil says his co-author on the article, a reporter named James Forsyth, had spoken with Dow Jones about the statement refuting the report, and Dow Jones would not elaborate on the parts of the report which were supposedly incorrect.
Dow Jones board members are meeting today with Ron Burkle in the hopes of getting a rival to the News Corp. bid put into place, the Times reports. Finding a rival bid has been pushed by some members of the Bancroft family. People close to the situation believe the Burkle meeting will not be significant, however, because he likely does not have an offer to put on the table.
Katz Media Group has added another new client, Lincoln Financial Media, and will sell ad time on the company’s 15 stations beginning immediately.
Katz also added CBS Radio and Entercom last week, picking them off from Interep’s list.
Katz has also…
Last week, Aegis Group CEO Robert Lerwill resigned unexpectedly, sparking speculation that a takeover may be on the horizon.
Lerwill stepped down officially today (Monday), with Aegis chairman John Napier taking over his duties on an interim basis, writes MediaPost. People…
Out-of-home companies are bracing for the recession like everyone else, but they may not feel the sting as badly as other media.
Though the third quarter brought negative growth to the nation’s three largest OOH companies - Clear Channel Outdoor,…
The 82nd annual Macy’s Thanksgiving Day Parade pulled an average 12.6 rating/26 share on Thanksgiving morning, Nov. 27, according to Nielsen.
That was 8% higher than its telecast last year, Mediaweek writes. NBC estimated that a total 44.7 million viewers…
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…
Email, news gathering and paying bills continue to be the most widely used online activities among U.S. adults, but downloading TV programs, watching videos and making web phone calls posted the biggest overall growth, according to data from Mediamark Research…
