Shifting Fortunes:Fortune magazine will announce its new consumer marketing campaign this afternoon, which is a great development for TimeWarner print publications. Yes, Fortune has all those other TW/AOL properties to advertise on. But this is an expense that could have easily been cut given the economy. This is a solid bet on business advertising, a solid bet on the future of print magazines and a solid bet that planners should take note of.
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At The Buzzer: We don't cover personnel moves in a high-profile manner in our online publication, Media Daily News. Our thinking is that our competitors do that pretty well and we focus on the info that will help planners and buyers in their quest to produce the ultimate media plan. But we are acutely aware that Mullen cut 56 people yesterday and our sincere best wishes go to the future of those people. It's a tough business.