Friday, April 27, 2012
  • IPG Posts Uptick, Growth Led By Asia-Pacific

    The Interpublic Group of Companies posted a 2.2% revenue increase for the first quarter of 2012 to just over $1.5 billion. The company narrowed its year-to-year net loss to $39.4 million from $45.3 million for the same period a year ago. ...Read the whole story

  • Time Warner Cable Reports Spikes In Broadband, Local Ads

    Bigger revenues from broadband and lesser business from its traditional cable TV operations continues to be the trend for Time Warner Cable -- and a host of other cable operators. Time Warner's first-quarter broadband business gained nearly 10%, and its video business grew 2% to $2.7 billion. Its overall customer base -- from broadband and voice -- netted 261,000 customers, as well as 1.6 million through acquisitions. ...Read the whole story

  • Media Storm Names Connolly First CFO

    Media Storm, an independent media shop with offices in Norwalk, Ct., New York and Los Angeles, has appointed Frank Connolly as the firm's first chief financial officer. Connolly will also hold the title of executive director. He will report to agency co-founder and managing partner Tim Williams. ...Read the whole story

  • DIY, PBS Kids, NFL Viewers Generate Best Ad Response

    Hammers and nails, small furry animals and toys, and perhaps some beer and pizza -- that's what we are thinking about while watching some cable networks with strong advertising messaging. DIY Network, PBS Kids Sprout and NFL Network are the top networks when it comes to viewers who are "more likely to buy products advertised on a network," according to a new study. ...Read the whole story

  • Belo Airs Uptick In Q1 Revs

    TV station group Belo Corp.'s first-quarter results inched up, due in part to higher automotive, retail and political advertising. The company, which has 20 stations, and nine in the top 25 markets, had revenue of $156 million -- 3% higher than the same period in 2011. ...Read the whole story

  • Aegis Reports Strong Results, Especially In The Americas: Cites New Biz

    Aegis Group, the parent of Carat, Isobar, Posterscope and other media services networks, this morning reported healthy gains for the first quarter of 2012. Total revenues rose 17.0% and "organic" revenues rose 8.1%. ...Read the whole story

  • Journal Communications: Broadcast Revs Up, Print Down

    According to Journal Communications, which publishes the "Milwaukee Journal Sentinel" among other newspapers, total revenues fell 1.9% to $82.3 million in the first quarter of 2012. Journal is just the latest in a series of newspaper publishers reporting weak results ...Read the whole story

  • Mag Bag: Meredith Lays Off Staffers

    Meredith Corp. has cut 80 positions from across its portfolio of publications, reducing its staff of 3,400 by about 2.3%. Meredith publishes magazines including Ladies' Home Journal, Better Homes and Gardens, Family Circle, More, Fitness, Every Day With Rachael Ray, Parents, Family Fun, Traditional Home, Midwest Living and Ser Padres. ...Read the whole story

Why You Might Want To Read The Newspaper Along With The Brochure

VIRTUOSO LIFE magazine (a promo for clients of some 330 travel agencies in its "network") turned to its "expert travel advisors" (that would be themselves) to get the inside scoop on where those "in the know" ...More