Posted by Dale Buss on November 5, 2013 09:14 AM
Apple opens Arizona plant with 2,000 workers.
Frito-Lay tests chocolate-covered potato chips.
Johnson & Johnson pays $2 billion fine for false marketing of drugs.
AOL boosts ad sales but sees profits hurt by local news services.
Allen Edmonds sells to private-equity firm.
BlackBerry abandons sale process.
Christie's starts out new auction season badly.
Coca-Cola predicts personalized beverages using genomics.
DirecTV profit rises on more subscribers.
Dodge expands Ron Burgundy campaign to entire brand lineup.Continue reading...
Posted by Dale Buss on October 31, 2013 09:14 AM
Facebook encounters decline in teen engagement as mobile ads fueled profit jump.
Starbucks enjoys best year in its history.
Politico launches a print magazine.
American Airlines and US Airways trying to work with government to clear merger.
BMW recalls 176,000 vehicles to fix power brakes.
Bank of America sees $1 billion stake held by Qatar sovereign-wealth fund.
Boeing intends new 777X to subsume role of jumbo jets.
Burger King plans "fewer, more impactful" new menu items.
Chrysler vows to learn from botched rampup of Jeep Cherokee production.Continue reading...
Posted by Dale Buss on July 10, 2013 03:17 PM
Put another brick in the wall for the once-glorious American newspaper business: Tribune Co. is following the route of other publishers and spinning off its newspapers from its far more promising broadcast business.
Tribune—owner of the Los Angeles Times, Chicago Tribune, Orlando Sentinel and five other newspapers—plans to separate its publishing business from its more profitable broadcast business sometime in the near future. The move will leave the broadcast company to retain the Tribune name and its ownership of 42 local TV stations, superstation WGN America, an equity stake in the TV Food Network and digital and real estate assets.
"Each will be a stronger company when separated from the other," Tribune CEO Peter Liguouri wrote in a memo to employees, according to Reuters. The spinoff "will also allow us to maintain flexibility as we continue considering all our strategic alternatives for maximizing shareholder value."Continue reading...
Posted by Dale Buss on June 14, 2013 09:18 AM
Microsoft and Best Buy plan mini "Windows Stores."
Amtrak hires esteemed chefs to ramp up its train food.
YouTube becomes overwhelming platform for fan-made branded content.
US Supreme Court strikes down gene patents.
Airbus lifts A350 to maiden flight ahead of schedule even as it copes with losses from aircraft's predecessor model.
Arby's franchisees helped get CMO ousted.
Audi is top choice of marriage cheaters in UK, survey says.
BMI sues Pandora over fees.
Bloomberg sees reporters' practices become critical issue for company.
Cadillac boosts sticker on new CTS by whopping $6,000.
Chevrolet believes racing on Sunday still sells on Monday.
Chrysler recalls sprinkling of trucks, Darts.Continue reading...
Posted by Sheila Shayon on June 13, 2013 12:56 PM
Remember Myspace? Well, it’s back with a $20 million ad campaign to help relaunch the once-defunct social network.
The brand, which has re-emerged thanks to some financial and emotional backing from Justin Timberlake and the Vanderhook brothers, hopes to lure up-and-coming and established musicians, producers and creatives with its new, completely redesigned platform.
"We really wanted to really represent the people that make this brand," Christian Parkes, head of marketing at Myspace told AdWeek. "Because it's not us in this room—we're the guys behind the scenes. But it's really about the community. The tone and spirit ... it's irreverent, slightly anarchistic, that's the tone and the attitude and the feeling."Continue reading...
Posted by Dale Buss on June 6, 2013 09:02 AM
P&G makes race to succeed Lafley clearer with executive moves.
Apple plans to sell audio ads on rumored iRadio.
Verizon sees US government track phone records of its customers, report says.
Chili's is pleased with rollout of pizza and flatbreads.
Disney puts seven Radio Disney stations up for sale.
Edmunds.com launches price guarantee for online shoppers.
GM rejoins S&P 500 as US Treasury plans to sell more shares.
General Mills gets OK reception for potentially "controversial" ad for Cheerios.
Kimpton Hotels holds pet photo contest.
McDonald's experiments with breakfast and dinner after midnight.Continue reading...
Posted by Alicia Ciccone on May 28, 2013 01:21 PM
Following the official split of Rupert Murdoch's News Corp. into separate news and entertainment companies, the man in charge has unveiled the new logo for its News division—one that's very familiar to the Aussie media mogul.
The delicate script logo is based off of the handwriting of Rupert Murdoch himself along with that of his father, according to a company memo sent by CEO Robert Thomson. "The name is historic and the script is based on the writing of Rupert and his father, who have provided us all with not only a name, but a remarkable professional platform," Thomson wrote.
Earlier this month, the company revealed the name and logo for its independent entertainment division, which will be called 21st Century Fox following the spin-off. The name and logo are a clean update on the existing identity of News Corp's iconic Twentieth Century Fox brand.Continue reading...
Posted by Mark J. Miller on May 7, 2013 03:35 PM
Since last year’s launch of Aereo, the disruptive streaming service that allows consumers to watch TV online as well as on mobile devices for a small monthly fee, there has been a lot of legal wrangling between the company and broadcasters of every stripe.
Two of the major players in the fight have been Barry Diller, whose IAC unit backs Aereo, and Rupert Murdoch, whose U.S. broadcast network FOX has threatened to move to cable to avoid losing out on streaming fees.
CBS head Les Moonves has also said his network could go the cable route if Aereo is allowed to continue unchecked. While CBS has previously taken legal action against Aereo, the tables have now turned as the streaming site moves to block future suits from CBS and its affiliates.Continue reading...