Sean Finnegan, formerly with OMD USA, will head OMG Digital, which will oversee $2 billion in worldwide media spending. ...Read the whole story
Outsell Inc.'s Annual Ad Spending Study found that marketers plan to spend almost 12% of their total 2007 ad budgets on their own home pages. But search spending will increase 40%. ...Read the whole story
Minyanville.com hit an important milestone this week in its mission to become a financial media company that serves every rung of the ladder from the sophisticated professional trader down to families and kids with a mix of "content, community and critters." ...Read the whole story
Blaming a weak ad market, Gannett Co. reported lower second-quarter earnings. But, as is now customary for newspaper publishers, Gannett cited online operations as a bright spot in all the darkness. ...Read the whole story
Stepping up its efforts in a delivery platform also being eyed by Google, Microsoft has selected mobile ad network JiWire to deliver ads to municipal WiFi networks in Portland, OR and Oakland County, MI. ...Read the whole story
Shares of Yahoo weakened and analysts openly speculated Wednesday that the online portal could be a potential buyout candidate. Shares of ValueClick rose, meanwhile, after positive analyst reaction to Monday's announcement it plans to acquire comparison shopping site operator MeziMedia. ...Read the whole story
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