More optimistic than other recent media analysts' estimations, Anthony DiClemente of Barclays Capital expects upfront revenue for the major four broadcast and cable networks to climb 4.3% and 6.3%, respectively. ...Read the whole story
More big changes are afoot in the radio business, with Cumulus Media revealing that it plans to swap a number of radio stations around the country with Townsquare Media. Cumulus says it will sell 55 radio stations in small and mid-sized markets to Townsquare, in exchange for 10 radio stations and $116 million. ...Read the whole story
There is more grim news for the beleaguered newspaper industry. Following a series of revenue declines at other big publishers in the first quarter of the year, A.H. Belo revealed another round of weak results. At an investor conference, Media General hinted that it may divest its newspaper assets. ...Read the whole story
Barry Frey, who spearheaded Cablevision's push into interactive advertising, has left the company. Former AT&T executive Greg McCastle is settling in atop the sales operations. ...Read the whole story
Simulmedia, which uses set-top-box data to help advertisers hone in on a target, has received $6 million in funding from its trio of venture-capital investors, which include Time Warner Investments. The total brings the company's funding through a seed and other rounds to $27.25 million. ...Read the whole story
The TV term "season low" for a network TV show usually can't be found in the same sentence as "series finale." But TV is changing. ...Read the whole story
Visa and Procter & Gamble are on board as key sponsors for Yahoo's coverage of the 2012 Summer Olympic Games. Yahoo's Olympic content will span the Web portal's entire network, including streaming on Yahoo Sports Radio featuring live call-ins from London. ...Read the whole story
When Madison Avenue's top direct-response marketers and agencies want to track the effectiveness of their media, many turn to Core Media Systems, the Fairfield, NJ-based technology firm that supports much of the direct-response media industry. When CoreMedia wanted to maximize the return on an ambitious philanthropic investment, it turned back to its clients, and some of its biggest suppliers. ...Read the whole story
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