Two smaller, regional outdoor media companies are merging in an out-of-home media marketplace that increasingly is dominated by a handful of major players. Lamar Advertising Co., a publicly traded company based in Baton Rouge, LA, is Monday said it agreed to acquire all of the outstanding stock of Eugene, OR-based Obie Media Corp. for about $43 million in a stock-for-stock deal. ...Read the whole story
A week after its parent company was acquired, MediaCom has won a high-profile media services account. The MGM Mirage has the Grey Global Group unit to handle media planning and buying for its Bellagio, The Mirage, and Treasure Island properties. ...Read the whole story
The McDonald's Operators of Chicago and Northwest Indiana (MOCNI) have selected OMD for its estimated $20 million media planning and buying business. ...Read the whole story
As Madison Avenue gears up for Advertising Week in New York this week, Euro RSCG Worldwide hopes to create its own brand of buzz. The Havas ad shop will stage two versions of a "Buzz You" discussion on Wednesday: one for students, the other for industry pros. ...Read the whole story
Desk Sergeant: Hello, 14th precinct. How can I help you? Caller: Yo dawg, I want the 5-0 to drop me in the hole... now. Desk ... ...More
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