Thursday, July 26, 2007
  • Interactive Chief Bolts Horizon Amid Agency's Transformation

    Jason Heller, the founder and managing director of Horizon Media's interactive unit, is leaving the agency, to join The Laredo Group, a consulting company specializing in online advertising buying and selling, search marketing and optimization. Heller, who became Horizon's chief digital officer in 2005 when he and his partners sold Mass Transit Interactive to Horizon Media, leaves Horizon amid a senior management reorganization that is transforming the world's largest independent media services agency. ...Read the whole story

  • Meredith Posts 2Q Revs: Print Up, Broadcast Feels Pinch

    Meredith Corporation--the publisher of well-known women's lifestyle titles, including Better Homes and Gardens and Ladies' Home Journal--reported a 2% increase in ad revenue and a 8% increase in earnings per share during the second quarter of 2007, compared to the same period last year. Online revenue doubled, and interactive marketing is doing well. On the broadcast front, Meredith Corp. is starting to feel the pinch against previous financial comparisons that included record sales of political advertising in 2007. ...Read the whole story

  • Under Fire, ABC Finds 'Lost' News for TV Critics

    BEVERLY HILLS, CALIF. -- ABC wanted like to kick-start the next season of "Lost" with some nice Internet marketing buzz--but not with TV critics. It wanted to release news at Comic-Con, the big comic book show--figuring a huge Net response. But theTV critics had other ideas. ...Read the whole story

  • Publicis Reports Weak Organic Results, Strong Structural Developments

    Chairman-CEO Maurice Levy struck a defensive note upon announcing Publicis' first half results this morning, asserting that the Paris-based agency holding company's tepid organic growth rate does not properly reflect its dynamic digital transformation; strong, but as yet unaccounted for new business gains; and tough comparisons with strong first half 2006 results. ...Read the whole story

  • Dial Back: XM Radio's Controversial CEO Exits In August

    Hugh Panero, the controversial CEO of XM Satellite Radio, will leave the company in August. The news, delivered in anticipation of its second-quarter earnings announcement on Thursday, moves up Panero's departure date by at least a few months. ...Read the whole story

  • NYTCO, Tribune Stumble In 2Q

    Two of the nation's largest newspaper publishers reported substantial drops in ad revenue for the second quarter on Wednesday, reflecting the broader downward trend in the industry. Beyond the immediate implications, both The New York Times Company and Tribune have other reasons to be concerned about the weak results. ...Read the whole story

  • Game Show Network Taps Goldhill As CEO

    The Game Show Network has tapped David Goldhill as its new CEO, replacing Rich Cronin who oversaw the re-branding of the network as GSN and took it to profitability during his tenure. Goldhill, who earlier this decade oversaw the USA and SciFi networks, takes over Aug. 1. ...Read the whole story

  • NBC Names Gaspin Pres, COO Of Universal TV Group

    NBC Universal's executive shuffle continues, with Jeff Gaspin now taking a bigger role as president and COO of Universal Television Group. He will now oversee the 16 O&Os and Telemundo. ...Read the whole story

  • AT&T Rolls Out TelcoTV In Southeast
  • Zap2it Offers Nets Online Sponsorships