Tribune Sells Two Connecticut Dailies to Hearst
The Hearst Corporation is buying two daily newspapers in Stamford and Greenwich, Conn., from the Tribune Company.
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The Hearst Corporation is buying two daily newspapers in Stamford and Greenwich, Conn., from the Tribune Company.
Tribune Co.’s television advertising sales were weak in the third quarter, with dips in the movies and automotive categories, along with the absence of political ads, helping speed the decline.
The amount of user generated content from the California fires that has been uploaded to CNN’s i-Report has far surpassed citizen content surrounding the Minneapolis bridge collapse or the Virginia Tech shooting.
Traffic to the top retail websites during the summer months (June - August) was 10 percent higher than in the previous year, with that growth continuing into and increasing in September, according to the Hitwise Retail Index of the leading 100 U.S. retail* websites, writes sister site MarketingCharts.
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September same-store sales growth weakened - to 1.3 percent - from the prior month and from the prior year for about 50 retailers (pdf) reporting monthly results, according to TNS Retail Forward, reports sister site MarketingCharts. That’s down from a 3.1 percent sales-weighted composite reported in August and 4.3 percent composite reported in Sept. 2006, TNS said.
WPP Group has acquired Blast Radius, a leading interactive agency based in Vancouver, B.C. The agency claims clients such as Nike, Starbucks and Whirlpool among its roster.
This season, ratings for The Office are up 27 percent over last season’s 4.0, hitting a 5.1 rating in adults 18-49 over its four hour-long episodes, and putting it at No. 8 in that demo in prime time.
CondeNet has invested in a web startup that provides tools for users to create their own cookbooks filled with content pulled from websites online.
Cumulus has signed on for Arbitron’s PPM ratings service in an agreement that covers 33 stations, and has agreed to subscribe to the service in other markets as it is introduced.
New forms of music consumption continue to cut into traditional radio, according to a Bridge Ratings study of predictive media behavior for the fourth quarter of 2007, which found that users of MP3 players and satellite radio, in particular, plan to spend more time with those technologies, writes sister site MarketingCharts.
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Wal-Mart has inked a deal with Meredith Corp. to design and market a line of home goods such as bedding, bath accessories and dinnerware based on the publisher’s Better Homes & Gardens brand.
An increasing number among the most powerful and influential segment of online consumers - those who shape perceptions of brands, products and services - are concerned that “advocates for hire” leave biased opinions on consumer websites, according to a new study by WPP Group’s Burson-Marsteller, reports sister site MarketingCharts.
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Big metro dailies will bounce back, says Deutsche Bank Securities analyst Paul Ginocchio. By 2012, earnings will turn positive again, he says, though he warns not to expect the high margins newspapers pulled in the 1990s.
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CBS Radio president and CEO Dan Mason has announced a major restructuring of executive management that will leave him with direct control over CBS Radio stations in 10 major markets.
