Spinoff coming in Sept. Fox plans to adopt more of a year-round television schedule, with 8 series to be screened in December, network president of entertainment Kevin Reilly told media gathered for the Television Critics Association press tour.
Anheuser-Busch has agreed to sell itself to Belgium-based InBev for $52 billion - despite the fact that A-B CEO August Busch IV swore in April that a deal would not happen during his tenure.
Yahoo has rejected yet another offer from both Microsoft and Carl Icahn. On Friday, Microsoft offered to buy its search business if CEO Jerry Yang and his board were replaced by Carl Icahn and directors of his choice.
Ann Marie Lipinski, editor of the Chicago Tribune, announced in a memo to staff that she is resigning her post after seven years in the position.
FCC commissioner Robert McDowell has voted to approve the merger between Sirius and XM Satellite Radio, as long as the companies meet the conditions under which FCC chair Kevin Martin approved the deal.
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Glam Media, the top women’s online network, launched Glam Today, a topic-based daily email list for women. Each day focuses on a different vertical, according to MarketingVOX:
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In what may seem like a belated move, BabyCenter.com has launched a social network for what it calls “the largest parenting community online.” The network is available in public beta at community.babycenter.com.
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The world’s largest digital sign - commissioned by Walgreens - is nearly completed in Times Square, writes AdAge.
Editors, publishers and media buyers claim that advertisers are increasingly pressuring magazines to blur the lines between advertising and editorial with ever-more brazen requests.
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Despite predictions of a 10 percent gain in revenue and profit gains of 5 percent, NBC posted a rise in revenues of 7 percent and net profit of just 1 percent in the second quarter.
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Macy’s same-store sales slipped 1.9 percent for May and June because of the challenging economic environment, though cash flow remains strong and sales outpaced JC Penney (which saw same-store sales drop 3.3 percent), Kohl’s (same-store sales dropped 2.1 percent) and Nordstrom (same-store sales dropped 5.9 percent) in the quarter.
Nielsen is expected to announce its long-awaited new service that will deliver standardized metrics for out-of-home video networks. It will deliver free reports to agency clients, as it does with its cinema reports.
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Games and sports dominated the popular paid applications in Apples’ online App Store, which opened the day before the Friday launch of the iPhone. Apple sold one million of the new 3G iPhones in the first weekend, and 10 million apps were downloaded, writes the Washington Post.
Ad revenue for Spanish-language media grew 3 percent in 2007 over the previous year, a healthy rise when compared to the paltry 0.6 percent that the U.S. ad industry grew overall.
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NPR’s Bryant Park Project, a weekday radio show with a strong social element online, is being cancelled, with the last show airing on July 25, due to cost issues.
Bar-based advertising has the potential to not only reach a significant portion of adult consumers but also to concentrate its message among those who actively avoid advertising delivered on television or the internet, according to a national survey by Arbitron Inc., writes MarketingCharts.
With Apple’s iPhone 3G scheduled to go on sale last week, Nielsen Online and Hitwise provided a host of iPhone-related statistics: Judging by search terms being used, consumers are interested in more than just price - such as the 3G network, release date, applications and plans, Hitwise said (via MarketingCharts).
