In developing countries, newspapers are booming, with circulation increasing in some cases in the double digits, despite the fact that the medium faces near-constant predictions of doom in the U.S. and Europe.
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Home Depot is struggling against the worst U.S. housing slump in more than 25 years, and its profits are showing the strain.
eMarketer revised downward its projections for U.S. social network ad spending and now estimates that advertisers will spend $1.4 billion to place ads on social networks in 2008 - down from its previous projection of $1.6 billion, MarketingCharts writes.
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The digital transition - when the television industry will move from analog broadcasting to digital - will take place in less than nine months, and most broadcasters are ready for the challenge, according to the Government Accountability Office.
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Napster opened a download music store with more than 6 million digital songs in its library, including songs from all the major music labels and thousands of independents. Pricing, at 99 cents per song or $9.95 per album, is similar to that of iTunes.
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The Association of Hispanic Advertising Agencies has created an advisory council to explore the issues and opportunities surrounding Arbitron’s Portable People Meter. Univision, Entravision, Spanish Broadcasting System, Arbitron, ABC Radio Networks, and several agencies make up the council.
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Netflix, the company that ushered in the mail-order DVD rental biz, is offering a set-top box that allows subscribers to stream movies and TV shows from the web.
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Reciva-poweredClear Channel Radio yesterday announced a deal with Reciva to stream all of its 800+ stations on Reciva-powered internet radio receivers.
Nearly one in six U.S. homes (15.8 percent) had only wireless telephones in the second half of 2007, according to preliminary results from the July-December 2007 National Health Interview Survey (NHIS) from the Centers for Disease Control and Prevention (CDC), reports MarketingCharts.
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The Thomson-Reuters merger has resulted in not-unexpected job cuts, due to a “natural overlap and duplication in coverage,” according to Reuters news service editor-in-chief David Schlesinger.
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