Radio Giant Clear Channel launches online radio station after ad revenues fell in the real marketJune 8th, 2009 Radio giant Clear Channel amps up digital strategy
PHILADELPHIA — Clear Channel Communications Inc., the nation's largest owner of radio stations, is ramping up its strategy to stream radio to mobile phones, computers and other devices. On Monday, Clear Channel was officially launching an online media player that consolidates access to its roughly 850 radio stations at IHeartRadio.com.
Ashton Kutcher's Twitter Win Over CNN Showed us more than Yet Another ContestApril 21st, 2009 LONDON - Comedian Ashton Kutcher has beaten American news giant CNN to become the first user to have a million people following his updates, or 'tweets' on social-networking website Twitter. The 31-year-old challenged CNN earlier this week to see who could be the first to attract a million followers and promised to donate 10,000 mosquito nets to charity for World Malaria Day if he won and 1,000 if he lost, while the broadcaster agreed to do the same, reports the Daily Mail online.
DG FastChannel 2nd-quarter earnings decline as operating expenses riseAugust 6th, 2009 DG FastChannel 2Q profit declinesDALLAS — DG FastChannel Inc., a digital media advertising services company, said Thursday it earned a lower second-quarter profit, but matched Wall Street expectations. Profit declined to $3.6 million, or 16 cents per share, from $4.1 million, or 23 cents per share, a year ago.
Indian Cyber Cafes are Potential Ad Markets- Nielson March 18th, 2009 NEW DELHI - With young adults comprising 90 percent of cyber cafes visitors in India, these informal getaways offer significant potential for advertising and brand promotion that is yet untapped in the country, says a survey by global media and marketing consultancy Nielsen. Conducted by Nielsen with internet media solutions firm Ideacts Innovations at 3,500 cyber cafes in the top eight Indian cities, the survey indicates the untapped potential of interactive brand promotions through desktop advertising in cyber cafes.
Forget skipping commercials: Marketers finding new ways to get ads in front of TV viewersAugust 2nd, 2009 More ads coming to TV _ even to one-time havensPHILADELPHIA — Coming soon to your TV: More advertising, in places you might not expect. The ads are showing up where people used to enjoy a break from advertising, such as video on demand and on-screen channel guides.
The more you 'media multi-task', the worse you are at itAugust 25th, 2009 MELBOURNE - An American study suggests that media multi-taskers who like watching YouTube, following Twitter, writing e-mail, and talking on the phone are generally not very good at any of their tasks. Published in the Proceedings of the National Academy of Science, the study was led by researchers at Stanford University.
Twitter's influence, moneymaking challenges emerge as hot topic as media summit kicks offJuly 8th, 2009 Top media execs wonder how Twitter will make moneySUN VALLEY, Idaho — It turns out the media elite aren't so different from a lot of less affluent folks: They think Twitter is a great communications tool, but can't figure out how the online messaging service is going to make money. The recurring doubts about Twitter's moneymaking potential cropped up again Wednesday as an exclusive media summit hosted by investment banker Allen & Co.
Forecaster says worst is over in US ad revenue trend, but growth won't be seen until 2011July 13th, 2009 Forecaster says worst is over for US advertisingAn advertising forecaster said Monday that the worst is over for the U.S. ad slump but that across-the-board revenue growth won't resume until well into 2011.
Brazil launches Latin America's first daily on KindleOctober 9th, 2009 RIO DE JANEIRO - Brazil's O Globo newspaper became the first in South America to publish an edition that can be downloaded and read on the Kindle, a software developed by Amazon.com for reading e-books and other digital media. The launch this week was timed to coincide with the release of the global version of the electronic reading device created by Amazon, now available in about 100 countries.
Media6Degrees hires former Google executive Tom Phillips to be its CEOOctober 7th, 2009 Media6Degrees hires former Google executive as CEOPHILADELPHIA — Media6Degrees said Wednesday that it has hired a former Google Inc. executive to serve as its chief executive.
Publicis to buy Microsoft's Razorfish in a deal valued at more than $500 millionAugust 9th, 2009 Publicis to buy Microsoft's RazorfishNEW YORK —French advertising company Publicis Groupe SA has agreed to buy Microsoft Corp.'s digital advertising firm Razorfish as part of an effort to boost its share of advertising on the Web, according to a joint statement released Sunday. The companies value the deal at $530 million in a combination of cash and 6.5 million Pubicis Groupe treasury shares.
Industry group says Apple can block the rival Palm Pre from connecting to iTunes softwareSeptember 22nd, 2009 Industry group: OK for iTunes to block Palm PreSAN FRANCISCO — Apple Inc. appears to have clearance from an industry group to block rival Palm Inc.'s Pre phone from connecting with iTunes software.
Publicis to buy Microsoft's Razorfish for cash & stock; Razorfish to operate under brand nameAugust 9th, 2009 Publicis to buy Microsoft's Razorfish for $530MNEW YORK —French advertising company Publicis Groupe SA has agreed to buy Microsoft Corp.'s digital advertising firm Razorfish in a move to boost its share of advertising on the Web, according to a joint statement released Sunday. The deal is valued at $530 million, comprised of cash and 6.5 million Publicis Groupe treasury shares.
Offer from Russian investor puts value of at least $6.5 billion on FacebookJuly 13th, 2009 Offer puts value of at least $6.5B on FacebookNEW YORK — How much is Facebook worth? A Russian investment firm appears to put it at $6.5 billion to $10 billion. The investment group, Digital Sky Technologies, said Monday it will buy up to $100 million worth of Facebook shares from current and former employees.
Craigslist's revenue rockets to $100M while other classifieds sufferJune 10th, 2009 Study: Craigslist revenue to climb 23 pct to $100M
SAN FRANCISCO — Craigslist, one of the Internet's top sites for classified ads, is thriving while newspapers and other marketing-driven media are reeling from huge revenue losses, according to a report to be released Wednesday. Launched as an e-mail list in 1995, Craigslist's revenue is on pace to rise 23 percent this year to reach $100 million for the first time, based on an analysis by classified advertising industry consultants Advanced Interactive Media Group.