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Carl Icahn, who currently seeks to oust Yahoo’s board of directors, debuted his own blog, The Icahn Report, last week. The controversial investor first stated his intention to launch a blog in February, reports Reuters.
Icahn said he would use the blog to comment on “the desultory state of corporate governance in America.” The first post, “Corporate Democracy is a Myth,” discusses at length the failure of corporate boards to hold their CEOs accountable.
The article could be construed as a less-than-subtle attack on Yahoo CEO Jerry Yang, whose management he openly criticized when Yang turned down Microsoft’s takeover offer.
The corporate agitator previously tried to dismantle Time Warner and Motorola. Last year, he drove CEO John Anti-oco of Blockbuster to resign his post.
“A lot of people die fighting tyranny. The least I can do is vote against it,” Icahn said at a Texaco annual meeting in 1988. The quote currently serves as his blog masthead.
Katz Media Group has added another new client, Lincoln Financial Media, and will sell ad time on the company’s 15 stations beginning immediately.
Katz also added CBS Radio and Entercom last week, picking them off from Interep’s list.
Katz has also…
Last week, Aegis Group CEO Robert Lerwill resigned unexpectedly, sparking speculation that a takeover may be on the horizon.
Lerwill stepped down officially today (Monday), with Aegis chairman John Napier taking over his duties on an interim basis, writes MediaPost. People…
Out-of-home companies are bracing for the recession like everyone else, but they may not feel the sting as badly as other media.
Though the third quarter brought negative growth to the nation’s three largest OOH companies - Clear Channel Outdoor,…
The 82nd annual Macy’s Thanksgiving Day Parade pulled an average 12.6 rating/26 share on Thanksgiving morning, Nov. 27, according to Nielsen.
That was 8% higher than its telecast last year, Mediaweek writes. NBC estimated that a total 44.7 million viewers…
Top American non-luxury auto brands received higher ratings and less negative comments from online consumers than competing Japanese brands, according to an analysis of consumer opinions collected from automotive review websites by Biz360, MarketingCharts reports.
The research, which aggregated a year’s…
Email, news gathering and paying bills continue to be the most widely used online activities among U.S. adults, but downloading TV programs, watching videos and making web phone calls posted the biggest overall growth, according to data from Mediamark Research…
