Financially speaking, both Interpublic Group and Omnicom Group, the New York-based ad holding companies, had solid years in 2011 with double-digit gains in key growth metrics. In the pay department their CEOs were paid handsomely for stewarding those corporate gains. CEO John Wren's compensation was upped 43% to $15.4 million. ...Read the whole story
Growth of U.S. media industries will continue to outpace the economy in 2012. Media and communications businesses will continue to grow at an average 5.7% compounded rate, piling on $343 billion in the next three years to land at $1.419 trillion in 2015, per Veronis Suhler Stevenson. ...Read the whole story
Seeking to expand its digital distribution platform, McClatchy Co. is making all its daily newspapers available in digital format via Kobo, which operates an e-reading service, as well as an eInk-based e-reading device and apps. To promote the new offerings, Kobo customers can sign up for a two-week free trial of any of its 30 newspapers, including 'The Miami Herald." ...Read the whole story
While the radio advertising business may be stuck in a prolonged rough patch, that doesn't seem to be deterring broadcasters from starting new radio stations -- especially on the FM side. ...Read the whole story
Disney Channels Worldwide has created a new marketing position to be headed by veteran Disney executive Richard Loomis, who will have the title of senior vp and chief marketing officer of Disney Channels Worldwide. ...Read the whole story
Work and personal lives used to be separate, but no longer. That's the broad conclusion of a study that was jointly conducted by ad shop Gyro and publisher Forbes. Some 98% surveyed indicated that they deal with work issues via email outside of the "normal" 9-to-5 work week. ...Read the whole story
Regional sports network NESN and the CBS local station in Boston have inked a content-sharing deal that includes sports and weather coverage related to the Boston Red Sox. Under the arrangement, NESN will offer live pre-game reports for WBZ newscasts, while WBZ meteorologists will make appearances on the sports channel. ...Read the whole story
As "Indecision 2012" ramps up, Comedy Central has launched a digital truncated version of the "The Daily Show." Video highlights from the show, as well as original content, will be made available as a mobile and tablet app for iOS and Android devices. ...Read the whole story
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