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Moonves: CBS Likes the Weather Channel

A sparkling balance sheet has left CBS in the position to make some acquisitions; The Weather Channel might be a good fit if the price is right, the network’s president and CEO Les Moonves said during McGraw-Hill’s Media Summit this morning.

WSJ.com to Beef Up Sports & Politics, Keeps Paid Content For Now

The digital chief for The Wall Street Journal covered a range of issues - from adding coverage to a loss of online display advertising - at a media summit in London recently.

Six in 10 Wealthy Consumers Online Use Social Networks

The participation of wealthy online consumers in social networks dramatically increased to 60 percent in 2008, from 27 percent in 2007, according to The Luxury Institute’s latest WealthSurvey, “The Wealthy and Web 2.0,” MarketingCharts writes.

Lists Serve Marketers Seeking Vietnamese Nail Techs, Animal Enthusiasts

If you wish to court veterinary book buyers, Vietnamese beauty salon owners, or people celebrating marriage or a baby, there are some new lists to meet the task.

Celebrity Fever Abates, ‘In Touch,’ ‘Life & Style’ Miss Rate Bases

It just may be that the public’s appetite for stories about Britney’s breakdowns and J. Lo’s babies is becoming sated.

USPS Reads Book on Capitalism, Offers Discounts

Starting May 12, the U.S. Postal Service will begin offering volume discounts for its Express and Prority Mail products.

‘I’m F **** Matt Damon’ Comes to TiVo

That cheering you hear from the science building is all the techies who just heard YouTube’s coming to TiVo.

Sirius XM Marriage May be Legal By April

Sirius Satellite Radio is keeping the faith that the FCC will soon rule on the proposed merger of Sirius and XM Satellite Radio.

Chicago Sun Times Off ABC Probation, Free to Travel & Drink

The Chicago Sun-Times is back in the good graces of the Audit Bureau of Circulations this month, nearly four years after it was nailed for overstating circulation numbers.

AOL Ropes Bebo for $850 Million

Out of the blue, AOL has acquired social networking site Bebo for $850 million in cash. Bebo, wildly popular in the U.K., Ireland and New Zealand, claims more than 40 million members.

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Nielsen’s OOH Report Sails Next Month, Zenith Hops Aboard

Zenith Media Services Inc. will become the first client to use Nielsen and IMMI’s Nielsen Out-of-Home Report, a service that measures out-of-home television viewers.

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