Stung by a brewing scandal, the nation's newspaper industry is moving to clean up its act.
Two weeks after news emerged that the Chicago Sun-Times had inflated its circulation numbers for several years, its current and former heads of circulation have left their jobs.
Conde Nast's new home-focused shopping magazine has been named Domino, and is scheduled to launch in 2005. The one word title was derived from the Latin root word dominus which means master of the house. CN has yet to announce it's launch date, frequency and circulation.
Fox is preaching patience as its attempt to run more original summer programming has yet to be embraced by viewers.
NBC is gearing up to put major promotional power behind veteran newswoman Jane Pauley's upcoming syndicated talk show.
After three years of sluggish momentum because of economic and terrorism woes, the global media and entertainment industry is picking up speed and is set to grow at a compound annual rate of 6.3% over the 2004-08 time frame to hit $1.67 trillion in 2008, according to the fifth annual edition of PricewaterhouseCoopers' "Global Entertainment and Media Outlook."
For years, Edward H. Meyer has kept Madison Avenue guessing as to his ultimate intentions for his agency company, known as the Grey Global Group since July 2000 and once known as Grey Advertising. Now that Grey Global, the last independent agency company of substantive size, may be up for sale, the guessing game continues as a result of his continued opacity.
Convinced that Federal Communications Commission Chairman Michael K. Powell will step down this winter, lobbyists for media and telecommunications companies are rushing to put their pet issues on the agency's agenda.
Audience Measurement Outdoor appears to be leading the Way.
American Media, battling a potential downgrade by Moody's Investor Service, reported yesterday that its net income fell from a year ago, despite a rise in revenue.