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Banks in CC Deal Suit Ask for Move to District Court

The banks being sued by Clear Channel and its private equity buyers have filed a notice to have the case moved from the Bexar County, Texas, District Court to the U.S. District Court for the Western District of Texas.

World Wrestling Ent. Releases Magazine for Kids

A new children’s magazine is launching, just in time to help kids keep up with their reading skills over the summer: World Wrestling Entertainment plans to release WWE Kids, a bi-monthly, on April 15.

Trump’s Triumphant Return Ends; 8th Season Likely

After Trump slumped off in a snit after he was left off NBC’s fall schedule last May, he was lured back a few months later by Ben Silverman for another season, this time a celebrity edition.

The move turned out to be a winner: season seven has averaged a 3.8 rating among adults 18-49, up 21 percent over last year’s average.

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Alternative Media Poised for Strong Growth in ‘08, Despite Slowing Economy

Spending on alternative media in the U.S. jumped 22.0 percent from 2006 levels to reach $73.43 billion in 2007, and that rapid growth is expected to continue in 2008 despite a slowing economy, according to a new report from PQ Media, MarketingCharts writes.

Hallmark Doubles Production, Plans 30 Original Flicks in ‘08

The network known for tearjerker chick flicks is making its greatest investment in programming to date, planning to nearly double its slate of 17 original dramas from last year to produce 30 original movies this year.

To Reach Hispanic Boomers, Look Beyond Language

Hispanic Boomers (those born between 1946 and 1964) account for approximately 10 percent of the U.S. Boomer segment - over 7 million consumers - but should not be segmented by language alone, a Focalyst study concludes (pdf), MarketingCharts reports.

‘Wired Wealthy’ Donors a Missed Opportunity for Nonprofits

The “wired wealthy” donor donates on average $11,000 a year, and more than half say online giving is their preferred channel, but they find nonprofits’ websites to lack inspiration, connection, and opportunity for deeper engagement, according to a recent study, MarketingCharts reports.

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SunChips Campaign Includes Low-Tech Billboard

SunChips, the multigrain snack brand from the Frito-Lay division of PepsiCo, is launching an integrated campaign that touts its use of solar power that is being used to run its Modesto, Calif., plant.

Judge Issues Restraining Order against Banks in CC Deal

Clear Channel has been granted a temporary restraining order yesterday against the banks involved in funding its $19.4 billion buyout with two private equity firms.

Thomson Officially Acquires Reuters April 17

Concerned shareholders have overwhelmingly agreed to the acquisition of Reuters Group by the Thomson Corporation. The two will officially join forces on April 17, according to the companies.

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Jeff Zucker Makes Snide Comments in ‘My Name Is Earl’ Ad

NBCU’s prez and CEO Jeff Zucker awkwardly stars in a television ad that is said to be airing April 3 before the return of My Name Is Earl. In the ad, he recaps the season “to get everybody back to speed.” He also makes several snarky references to issues from the writers strike and mocks the writers themselves.

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