Monday, May 29, 2006
  • Coca-Cola, Clear Channel Strike Global Outdoor Ad Deal

    Coca-Cola Co. and Clear Channel Outdoor last week announced a global outdoor ad deal designed to develop new, custom out-of-home advertising programs for Coke's brands worldwide. ...Read the whole story

  • Stern Settles With CBS

    The high-profile catfight between CBS Radio and shock jock Howard Stern ended anticlimactically Friday with the announcement that Sirius Satellite--Stern's current home--would settle the case out of court, with a payment of $2 million and other terms that remain undisclosed. CBS brought the lawsuit against Sirius and Stern at the end of February, charging that Stern had breached his contract by using CBS airtime in 2005 as a platform to promote his upcoming move to Sirius, which took place in January 2006. ...Read the whole story

  • Newspaper Outlook Dubbed Deeply Depressing, Ad Business Shifting To Online

    In a report entitled "Deep Depressing Dive," Merrill Lynch analysts Friday said they are taking an "increasingly sober" outlook of the newspaper industry, lowering estimates once again for newspaper ad spending. ...Read the whole story