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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.
The U.S. Department of Justice gave the green light to the acquisition of the London-based news wire service, writes Forbes. The European Commission and the Canadian Competition Bureau gave the okay in February on the condition that the companies sell copies of some financial databases, including Thomson Fundamentals, Reuters Estimates, Reuters Aftermarket Research and Reuters Economics.
The integrated company will mean a much more robust platform for the customers, if the companies “get it right,” believes BMO Capital Markets analyst Tim Casey.
Clear Channel’s operating results for the first quarter were flat, reflecting a continued weak demand for radio advertising. Outdoor advertising performed better than radio in the quarter for the second quarter in a row, with revenue gains of 12 percent.…
Among the near-constant doom and gloom reporting about the newspaper industry, every now and then comes a story that points out how smaller, community newspapers are bucking the trend.
Small town newspapers are faring better than most of their regional…
Busy moms apparently aren’t willing to waste their “me time” watching television commercials.
According to new research from MindShare that focused on American mothers, reading, surfing the web and watching television were the top me-time - or personal down-time -…
Ryan Seacrest is in talks with CNN to replace Larry King, according to sources close to Seacrest.
The source, however, also says, “I don’t think it’s going to happen,” writes Fishbowl LA.
Seacrest is currently host of E! News, American Idol…
Editors at Hachette’s digital operation will do well to have their digital skill sets firmly behind them. The company has reportedly chopped 15 editorial jobs from a staff of about 100 in its digital operation; those positions will eventually be…
Most CMOs with more than 10 years of experience describe themselves as “extremely loyal” to specific brands, according to a survey of marketing officers at Fortune 100 companies conducted by LoyalTV.com, a video sharing website.
92 percent of CMOs with…
