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In the News: AOL, BP, Chrysler, CTV

Posted by Shirley Brady on September 13, 2010 09:00 AM

* AOL is introducing a bigger, splashier ad format.

* Bell Canada owner BCE Inc. is retaking control of the CTV network for $1.3 billion and re-entering the TV business.

* BP is back in the news as its landmark legal battle looms, an executive shuffle clears way for Tony Hayward's next role, more oil from the spill is found by researchers, and the smarta$$ behind @BPGlobalPR Twitter account steps forward.

* Chrysler dealers will get the chance to meet CEO Sergio Marchionne this week, while more than 450 execs including ex-chairman Lee Iacocca sued Daimler AG and Cerberus, claiming they lost 100 million dollars in pensions in the automaker's bankruptcy.

* Disney's ABC is pushing its TV brand anew after the arrival of Paul Lee at the helm.

* Dollar Thrifty accepted a sweetened bid from Hertz.

* GoDaddy.com, the world's largest Web domain name registrar, is on the block.

* Goldman Sachs' secretive partner system comes under scrutiny.

* HP nears deal to buy ArcSight, a security software maker.

* Jaguar focuses on New York, Los Angeles and Miami in its attempt at a U.S. comeback.

* Kraft tests interactive vending machines.

* Lady Gaga swept last night's MTV Video Music Awards, where she announced her next album title.

* Microsoft is testing a super-sized WiFi hotspot, a potential $4 billion market.

* Morgan Stanley leading economist is bullish on the US consumer and economy.

* News Corp. and the BBC are at each other's throats over "Stig," a (formerly) mystery driver on Top Gear.

* Nissan develops a unique brand for China through its Chinese joint-venture partner.

* PG&E (California's Pacific Gas & Electric Co.) ordered to check pipes following San Bruno area tragic fire.

* Philips, Nokia and Roche deemed global brand leaders in sustainability, a new report says.

* Politico's success is spurring change at rival media outlets including The Atlantic.

* Restoration Hardware is "destroying" its brand in order to reinvent itself.

* Roger Ebert will revive his movie review show in January, while another Roger (Federer) is knocked out of the US Open.

* Samsung has struck carrier deals for its pending Galaxy Tab, which will be unveiled this week in New York.

* Sony's Resident Evil topped the weekend box office.

* Tesco's incoming CEO sees China as the retailer's biggest focus, with plans including shopping malls.

* The Hollywood Reporter is going weekly (and tougher) under former US Weekly editor Janice Min.

* Volkswagen will announce former GM and Ford executive Jonathan Browning as its next CEO, and will develop global products with Suzuki.

* Winn-Dixie grocer launches bottled water branded with the NFL’s Jacksonville Jaguars.

* Chattanooga, Tenn., will soon be home to America's fastest broadband network.

* Reality programming topped US TV ratings this summer, even as viewers grow weary of the format.

 

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