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CBS Radio Creates Digital Network, Lets Users become Digital DJs

Little more than a month after CBS Radio announced that it was powering AOL’s radio player, the company has expanded on its digital plans. Speaking at a presentation to hundreds of media buyers and advertisers in New York yesterday, CBS pres-CEO Les Moonves announced the formation of CBS Radio Digital Network, a new division of its CBS Radio group.

One of the Digital Network’s first initiatives will be Play.It, a joint effort with AOL that will allow users to create their own personalized internet radio station and to share it with their friends. Play.It essentially lets users become their own digital DJs, writes AdAge. “It’s a way to create a cool and dynamic page for radio in a way that never existed before,” CBS Radio president-digital media David Goodman is quoted as saying.

CBS Radio is the first major radio group to introduce such a customized radio feature, though Clear Channel is expected to announce a similar application this summer. Robert Feder, television/radio columnist for the Chicago Sun-Times, calls Play.It features “bold and exciting.”

CBS announced last month that it will provide content from its 150 radio stations to AOL’s online stations, and will also take over ad sales for all of AOL’s 200+ stations. The group is also working with CBS sister company Last.fm to share audio content.

CBS Radio has recently announced its commitment to “posting,” or guaranteeing ratings impressions, on its ad buys. It is working with the Radio Advertising Bureau to make posting a more universal practice.

The radio group has also stood firm in its support for Arbitron’s embattled PPM measurement service. Though the PPM failed to obtain Media Rating Council accreditation in New York and Philadelphia, and is facing a loss of confidence among other radio groups, CBS Radio president Dan Mason sent an email to all employees saying the technology should be seen in its “historical context” and that CBS Radio stands behind it.

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CC’s ‘TotalRadius.com’ Touts Radio for Advertisers

Clear Channel Radio has launched what it hopes will be a valuable tool for media buyers unfamiliar with the radio format.

TotalRadius.com is a site that showcases the variety of offerings to advertisers - from digital media to traditional radio, from…

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‘Chicago Tribune’ Loses Long-Term Managing Editor

The Chicago Tribune will ring in its first new managing editor in three decades; George de Lama, managing editor for 30 years, or what he calls “two lifetimes’ worth of adventures,” is moving on.

Hanke Gratteau, currently deputy managing editor…

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McDonald’s Adorns WNBA Jerseys

For the first time, WNBA players will be wearing jerseys sporting a sponsor logo during the regular season, due to a partnership between the league and McDonald’s.

In addition to emblazoning its logo on the jersey, McDonald’s will get its…

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CBS Acquires CNET, Subsidiary Taken By Surprise

CBS has agreed to purchase CNET in an all-cash deal at a 44 percent premium above CNET’s current market value. The company has agreed to paid $11.50 a share for CNET, which closed at $7.95 per share yesterday.

Apart from…

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Turner Launches Contextual Advertising for TV

Turner Broadcasting is launching a system called TVinContext which will allow advertisers to place ads that are related to the content of the programming.

A movie scene taking place in a cafe might be followed by an ad for coffee, while…

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Macy’s Q1 Revenue Slip Not as Steep as Expected

Macy’s same-store sales outperformed competitors JC Penney and Nordstrom in the first quarter, falling just 2.6 percent.

Same-store sales at JC Penney dropped 7.4 percent, while Nordstrom’s declined 6.5 percent in the quarter. Revenue for the company beat analyst estimates,…

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