Several media outlets are confirming a "Wall Street Journal" report late yesterday that Anheuser-Busch InBev is bidding to acquire controlling interest in Grupo Modelo SAB, which makes Corona Extra and Modelo Especial beer, among other brands, for a reported $12 billion. AB InBev currently owns a non-controlling stake in Mexico's largest brewer. The deal would end what Dana Cimilluca writes is a "contentious history between the two companies." ...Read the whole story
While cereal makers have improved the nutritional quality of most cereals marketed to children, they've also increased marketing for many of their least nutritious products, according to a new Cereal FACTS report from Yale. ...Read the whole story
Euro RSCG Worldwide this month launched a Web-driven e-learning program intended to connect its 11,000 employees -- and creatives and account types in particular -- through something like a virtual university. ...Read the whole story
Grammy-nominated country duo Thompson Square is teaming up with Purina Dog Chow Brand Dog Food to focus on the special moments families have with their dogs. The husband-and-wife musicians experience their special dog moments on the road, touring the country with their puppy, Etta. ...Read the whole story
Mastering the first fully digital Olympics won't be easy, and the London games this summer will be the best measure yet of truly integrated strategies. "Marketing Daily" caught up with consultant Al Diguido to find out which brands will get medal-worthy ROI. ...Read the whole story
A new survey finds that consumers rate Target, Safeway, Subway, Best Buy, J.C. Penney, Walgreens, Bank of America and Verizon Wireless as being the best retail and restaurant brands when it comes to using social media to communicate with customers. ...Read the whole story
Boost Mobile, the first-ever marquee partner of the WNBA, is launching a new TV spot based on a new campaign entitled "It's All About the W." The ad first airs on June 23, during the Chicago Sky versus Minnesota Lynx game. ...Read the whole story
Al Carey concedes that PepsiCo may have under-invested in advertising and marketing for its beverage operations in recent years, but a more pivotal problem is lack of focus. The chief of the company's Americas beverage business says there was an emphasis on building too many brands at once, so it was "guilty" of spreading efforts too thin. ...Read the whole story
Cannes Business Model: Sell Picks To Miners Seeking Gold
For years, the Cannes Festival was a money machine because nobody ever went broke catering to the vanity and hedonism of the advertising industry. Now ... ...More
Customers want to engage with brands that make the effort to show that they are interested in them -- and uniquely them. Personalization -- from ... ...More
Courting the Digitally Demanding Affluent MarketThere was a time not long ago when exclusive brands were afraid that mass exposure would cheapen their image. Now luxury brands are everywhere -- ... ...More
JoinJoin over 100,000 media, advertising and marketing professionals for Free MediaPost Membership. Member Benefits »
FollowFollow MediaPost News on LinkedIn Today