• Twitter Adds Another Character: Saudi Prince Acquires Strategic Stake by Joe Mandese

  Saudi Prince Alwaleed bin Talal, who has been dubbed the "Saudi Warren Buffet for his shrewd investing skills, especially in major global media companies, this morning announced a $300 million stake in Twitter, calling it a "promising, high-growth business opportunity with a global impact." ...Read the whole story

• Barclays: Lower Ad Growth For '12 by Steve McClellan

  In a new report, Barclays Capital is calling 2012 a "low growth environment" for the ad agency business. The financial firm is forecasting that agency organic revenue growth next will average 2.9%, down sharply from the 5.6% that the firm believes agencies will achieve in 2011. ...Read the whole story

• Horizon Media Places Client Ads On Legolas Exchange by Steve McClellan

  After a year of testing and development, Legolas has formally launched its new display ad platform and Horizon Media has signed as its first major agency partner. The shop says Legolas charges a "fraction" of usual online network CPMs. ...Read the whole story

• Viewership Steady For Cable, Broadcast Nets by Wayne Friedman

  Cable networks and broadcast networks appear to be performing at mostly the same pace -- with little change in viewership in the fourth quarter. Through Dec. 11, both climbed 2% in household ratings, 22.3 and 12.0, respectively. ...Read the whole story

• Analysts: Cablevision's Future Shaky Without Rutledge by David Goetzl

  The impending departure of Cablevision COO Tom Rutledge has analysts emphasizing how crucial his absence will affect the company's future. ...Read the whole story

• TargetSpot Signs Spanish Broadcasting System As Ad Affiliate by Erik Sass

  One of the largest digital radio ad networks is growing bigger, with TargetSpot's announcement that it has signed a deal with Spanish Broadcasting System, extending its reach among the growing U.S. Hispanic audience. ...Read the whole story

• UK Government: Ad Market Runs Fairly by David Goetzl

  Media executives of all stripes have long complained about the closed nature of the national TV advertising market with matters of price and competition. Ofcom (an FCC equivalent) has completed such an investigation in the United Kingdom. ...Read the whole story

• Mobile Shift: Cox Sells Wireless Licenses To Verizon by Wayne Friedman

  Joining other major cable operators in looking to dramatically shift the wireless business in the U.S., Cox Communications has sold its advanced wireless services licenses to Verizon Wireless for $315 million. ...Read the whole story

• Live TWC Expected On Androids
• Feldmann Named Publisher, Meredith's 'More'
• Purcell Named 'Rachael Ray' Editor
• 'Extreme Makeover: Home Edition' Cancelled

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