Hearst Corp. plans to take the Hearst-Argyle station group private--but the share price offered is now less than the stock price as of last Friday. H-A makes the move in advance of a potential flood of political dollars. No word yet on whether the bid price will change. ...Read the whole story
The public fallout from the affair between Los Angeles mayor Antonio Villaraigosa and Telemundo TV reporter Mirthala Salinas has all the makings of a good telenovela. It also highlighted, in dramatic fashion, the growing presence and power of Latinos in the United States. ...Read the whole story
Ad dollars at the Tribune Co.'s publishing operations plummeted 10.3% in July, versus the same month a year ago, to $247 million. Its 23-station TV group saw a lesser 3.7% decline. The only good news: online is up. ...Read the whole story
Consumer Reports is teaming with the Insurance Institute for Highway Safety to make 200 videos of crash tests for different vehicles available online, including a variety of cars, minivans, trucks and SUVs. They're posting the free videos on the Consumer Reports Web site. ...Read the whole story
WiFi pirates, listen up: The game just got taken to a whole new level--and it's being led by an Italian group. It created the world's longest wireless connection. The ultimate goal is to link up all of Italy. ...Read the whole story
The media industry proposition to be able to measure advertising and marketing ROI looks to be more noise than substance. Despite voices to the contrary, ... ...More
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