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Deutsche Telekom AG is considering pulling its $18 million sponsorship of the T-Mobile cycling team following the suspension of a rider who tested positive for drugs a month before the Tour began, writes Bloomberg.
T-Mobile’s Patrik Sinkewitz tested positive for higher-than-normal levels of testosterone in June. He asked for a backup sample to be tested, and that backup test will be carried out on July 31. Sinkewitz pulled out of the race after colliding with a fan.
Last July, Deutsche Telekom fired former Tour de France winner Jan Ullrich because of doping allegations. At the time, Deutsche Telekom renewed its sponsorship and said it would introduce internal drug testing.
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…
Time magazine ousted Cosmo as the top magazine for college students in this year’s Anderson Analytics fall survey.
Time also jumped past People, which was last year’s No. 2, writes Ad Age. A Time spokesperson said the magazine did not run…
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,…
CNN plans to offer newspapers a wire service as an alternative to the Associated Press. CNN, which already runs an internal wire service, will explain its new, expanded service to editors from about 30 papers who are visiting Atlanta this…
Regulatory filings reveal that billionaire hedge-fund manager Carl Icahn bought nearly 7 million additional shares — about $67 million worth — of Yahoo.
The investor paid an average of $9.92 for each share over the course of three days, bringing…
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…
