Radio One Hustles Ads for AllHipHop.com
Broadcasting company Radio One has struck a deal to sell ads on hip-hop news site AllHipHop.com.
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Broadcasting company Radio One has struck a deal to sell ads on hip-hop news site AllHipHop.com.
Tribune Co.’s sale of Newsday to Cablevision allows Tribune and its new chairman, Sam Zell, to put $600 million in expected cash proceeds toward its roughly $13 billion debt. This buys Tribune Co. more time to implement plans to turn around the business.
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Sirius losses shrunk in the first quarter, while XM’s losses widened, the companies announced yesterday, in what they hope will be their last quarterly financial reports as stand-alone companies.
Budget Travel magazine is allowing readers to frolic through its pages in a whole new way: nearly all of the text and photography of the June issue was generated by readers.
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Any Bloomingdale’s customers still stubbornly clinging to catalog ordering will have to brave the online experience or head to the stores, come early 2009.
Apple’s new model of the iPhone, which will provide 3G access and faster data connection speeds, is imminent, if the shortage of the current model means anything.
NBC’s unusual upfront garnered mixed reviews from the media crowd; some blamed the network for using the new format to draw attention away from a weak programming slate, while others liked the innovative format.
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Gift cards (35.6 percent) and cash (56.8 percent) will remain the most popular graduation gifts, according to the National Retail Federation’s 2008 Graduation Consumer Intentions and Actions survey, conducted by BIGresearch, MarketingCharts reports.
Clear Channel said yesterday that it was close to settling with the banks financing the deal to take the company private.
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Wal-mart’s net income in the first quarter increased 6.9 percent to $3.02 billion, beating estimates by 1 cent per share. Revenue rose 10 percent to $95.3 billion. Deep discounts - as high as 30 percent - helped boost first quarter profit.
In March, Google Sites once again ranked as the top U.S. video property with more than 4.3 billion videos viewed (38 percent share of all videos), gaining 2.6 share points form the previous month, according to comScore’s Video Metrix service, MarketingCharts reports.
