• Verklin Exits As One Of Aegis' Top Paid Execs, 2007 Results Outperform Industry by Joe Mandese

    David Verklin, who on Monday announced plans to step down as head of Aegis Group's North America and Latin America media operations, once again was one of the highest paid media executives on Madison Avenue, grossing $1.26 million in total 2007 compensation, according to information contained in Aegis' annual report released to shareholders this morning. Most of his earnings came from salary ($818,000), as well as about $360,000 in bonuses. ...Read the whole story

  • Another Shrimp On The Barbie: Murdoch Buys 'Newsday' by Erik Sass

    Rupert Murdoch's News Corp. is poised to acquire a majority stake in Newsday for $580 million, according to reports published by The Wall Street Journal and Newsday, owned by News Corp. and the Tribune Co., respectively. The acquisition would technically be a joint venture. ...Read the whole story

  • Deutsch NY Creates Content Production Unit by Wayne Friedman

    Deutsch NY will formalize a content production division for its clients. Eve Kornblum will be promoted to executive vice president and director of content production, heading up the unit. She had been senior vice president and executive producer of Deutsch NY. ...Read the whole story

  • CBS Outernet, Zoom Media Join OVAB by Erik Sass

    The Out-of-Home Video Advertising Bureau is adding new members to its ranks, welcoming CBS Outernet, Zoom Media and Arena Media Networks this week. These big players join dozens of other place-based video networks that have come together in the consortium to establish a new metric for exposure to out-of-home video advertising. ...Read the whole story

  • ID Media Hooks Up With 4INFO by Erik Sass

    ID Media has signed a deal with 4INFO that will allow its clients to try out direct response SMS messaging on a cost-per-response basis, at least initially. ID Media, a direct-response agency owned by the Interpublic Group of Companies, will put the service at the disposal of its roster of Fortune 500 clients. ...Read the whole story

  • GoldSpot: Interactive Ads Work Best On Mobile TV by David Goetzl

    Even with content expanding rapidly on mobile devices, many questions remain about whether consumers will be receptive to advertising. A Silicon Valley company, which believes it has a solution to the retention challenge, is offering mobile TV programmers and service providers what it believes is a unique way to gauge that effectiveness. ...Read the whole story

  • Meredith 3Q: Broadcast Revs Down 10%, Publishing Flat by Wayne Friedman

    Lower automotive, retail and telecommunications advertising drove down Meredith Corp.'s third-quarter broadcast financial results. ...Read the whole story

  • FCC May Slap Comcast With Site Complaint by Wayne Friedman

    Comcast may be interfering with content delivered by some peer-to-peer sites, according to the Federal Communications Commission. FCC Chief Kevin Martin said Comcast was "degrading" or blocking peer-to-peer content--and not necessarily because of traffic issues. ...Read the whole story

  • Omnicom Stays 'Cautious' On Spending by David Goetzl

    Omnicom chief John Wren said the holding company remains "cautious" about a teetering economy, but business hasn't been noticeably impacted yet. And the company's first-quarter numbers would seem to bear that out, with U.S. organic revenue up nearly 7%--which Wall Street rewarded by sending the stock price up close to $2 a share Tuesday. ...Read the whole story

  • Showtime Renews 'Tudors' For Third Season by David Goetzl

    As the second season of Showtime's "The Tudors" moves toward its finale, the pay-cable network said it has picked up a third for 2009. Production will begin in June in Ireland. The show, starring Jonathan Rhys Meyers, debuted in the spring of 2006. ...Read the whole story

  • 'Dancing' Falters, CBS' 'Men' Stands Tall by Wayne Friedman

    CBS continued to make gains at ABC's expense on Monday night. Thanks to its strong 9 p.m. sitcoms--"Two and a Half Men" with a Nielsen preliminary 4.9 rating among 18-49 viewers, and "Rules of Engagement" with a 4.1 number--CBS averaged a 4.0 rating for the night. ...Read the whole story

  • Media X: Agency of Change by Jack Feuer

    Well, this week rocked your world. I'm verklempt about David Verklin, as I'm sure you all are, because now that the media business's version of ... ...More

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