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In the News: Apple + Disney = ABC on iTunes, and more

Posted by Shirley Brady on August 25, 2010 09:00 AM

* Apple is close to a deal with Disney to rent ABC TV shows via iTunes, the Wall Street Journal reports. It's also looking to trademark several of its mobile app icons.

* Burger King reported slumping sales.

* AARP research finds brand-name drug prices increased 8% last year.

* Barnes & Noble reported a tough quarter and increased legal costs due to proxy fight with investor.

* Best Buy named Aura Oslapas its new chief design officer.

* AIG may decide on its AIA stake next week.

* AMD may drop its ATI brand.

* Beyonce's Dereon family-run fashion line is accused of stealing leggings design from E-Label, an Icelandic brand she purchased at Topshop.

* Border's books hired Michelle Delahunty-Cloutier from Chico's as its new chief merchanding officer.

* Bugattis are proving recession-proof as celebrities and world's wealthy continuing snapping them up.

* Changan is developing a luxury car brand for the Chinese market.

* Costco is targeting mall space to expand its reach.

* Craftsman tools tomorrow opens The Craftsman Experience, featuring hands-on demos and social media, in downtown Chicago.

* Craigslist is being lobbied by 17 state attorney generals to block ads promoting prostitution and child trafficking.

* Dell reduced its packaging by 87 million pounds last year.

* DirecTV's NFL Sunday Ticket package is coming to the Web and smartphones for $350/season as rival Dish Network launches DishOnline.com streaming video portal.

* Etihad Airways signed Bollywood actress Katrina Kaif as its new face.

* Ford's new rich media ad units for its Drive One digital campaign increased time spent with the brand, according to vendor.

* Goldman Sachs is losing muscle in corporate finance as bond share shrinks; it's also accused in a new book of trying to "destroy" China.

* Groupon and rivals' personalized deals may please customers while irking merchants.

* Hertz's bid for Dollar Thrifty is being challenged by a shareholder lawsuit.

* Johnson & Johnson issued its ninth consumer recall this year: 1 Day Acuvue TruEye contact lenses, in Australia, Asia and Europe.

* Krispy Kreme is expanding to the Dominican Republic.

* La Nuestra brand recall in the U.S. expands to Canada over salmonella fears.

* Li-Ning, China's top athletic shoe and apparel brand, signed #2 NBA draft pick Evan Turner to a multi-year endorsement deal.

* MTV tests horror movie concept with under-the-radar social media campaign.

* MTV star (of Jersey Shore) The Situation may earn $5 million this year throug sponsorship deals including Vitimanwater, Reebok, GNC and an unnamed vodka brand.

* NHL is blocked from expanding to Europe by world hockey federation.

* Qualcomm, AT&T, Best Buy, Intel, GE and other tech players are investing in "m-health" mobile health services.

* Random House wins battle with Andrew Wylie literary agency to open e-book rights, ending Wylie's exclusive with Amazon (also good news for Apple and Barnes & Noble).

* Twitter users are 3x more likely to impact a brand's reputation online. Twitter also rounded out new hires for its sales team this week.

* UBS is launching a mergers & acquisitions business in China.

* United and Continental are failing to win over each airline's brand loyalists as merger looms.

* U.S. credit card debt drops to eight-year low, as consumers pay off balances despite recession.

* WPP chief Sir Martin Sorrell sees global recovery as "LuVVy-shaped".

* E-cigarettes selling in 7-Eleven and other retailers are "sparking a new smoking war," reports the Wall Street Journal.

* Pac-10 (soon to become the Pac-12) and other U.S. college sports conferences are stepping up marketing in a bid to brand themselves.

* Chad Ochocinco of the Cincinnati Bengals is getting his own brand of cereal in Kroger supermarkets.

Comments

beds for children United Kingdom says:

Nice to see the market for ebooks opening up - it was rather restrictive.

August 25, 2010 09:36 AM #

Comments are closed

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