Discovery Communications witnessed 13% higher advertising sales in the first quarter for its U.S. networks. But its investment in OWN: Oprah Winfrey Network continues to draw closer inspection. Increased ratings and higher inventory sell-out levels were the main reasons for the company's higher advertising sales results, totaling $329 million for the period. ...Read the whole story
Political controversy surrounding conservative talk radio host Rush Limbaugh helped drag down advertising revenues at Cumulus Media, according to CEO Lew Dickey, who also cited the loss of ad revenues associated with discontinued L.A. Dodgers broadcasts, and strategic format changes at some stations as additional reasons for the decline. ...Read the whole story
Baseball fans, rejoice: Sirius XM has launched 30 new channels dedicated to carrying the official play-by-play broadcasts of every Major League Baseball team on the satellite broadcaster's Web platform, SiriusXM.com, as well as the Sirius XM Internet Radio App. ...Read the whole story
Liberty Media says it has more shares of Sirius XM -- but not control of the company or its operating licenses. As the company that helped out Sirius XM with a $530 million loan to avoid bankruptcy in 2009, Liberty Media's efforts to control the satellite broadcaster have been rejected by the Federal Communications Commission. ...Read the whole story
Toronto-based MDC Partners generated revenues of $943.3 million last year, up 37% from 2010. But the company's CEO, Miles Nadal, was paid a whopping $23.8 million in 2011 -- more than any other ad holding company chief and double the $11 million earned by Sir Martin Sorrell, CEO of the largest holding company by revenue ($16 billion in 2011) -- WPP. ...Read the whole story
Strong advertising revenue growth continues for the likes of Walt Disney's cable networks, as well as its broadcasting network for its fiscal second quarter. And more is coming. "We are anticipating a strong upfront," says Bob Iger, president and chief executive officer of Walt Disney. Current scatter activity at ABC network is showing cost-per-thousand viewer prices [CPMs] up 20% over upfront. ...Read the whole story
The Nielsen-funded Council for Research Excellence (CRE) said it will look at ways to upgrade the diary measurement process - which continues in small markets -- by using comparisons with larger markets that use advanced Nielsen technology. So the research will at least partly turn Dallas and Albuquerque-Santa Fe into diary markets. ...Read the whole story
The digital age may be upon us, but don't even think about giving Mom a smartphone for Mother's Day. She'd rather have something much more touchy-feely, like a trip with the kids, or a massage or fine jewelry. At least that's the conclusion of a study that Mindshare conducted that polled adults about how they'd like to celebrate Mother's Day this weekend. ...Read the whole story
Whether gathering around the fire pit or the pulpit, going to the movies or the theater, we've always loved a great story. Anything with a ... ...More
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