While advertising industry insiders predict a dismal 2010 for marketing agencies, The Phelps Group, a leading integrated marketing communications (IMC) agency based in Santa Monica, is expanding. The 29-year old firm has acquired two Los Angeles area agencies, Anita Santiago Advertising and Copia Creative, resulting in a 27 percent growth in associates and billings.
The award-winning [...]
Madison : Broadcast Interactive Media (BIM) has announced that it has acquired Decisionmark Corp. (dba TitanTV Media). Founded in 1993, TitanTV is the foremost online software and information provider to the broadcast industry, delivering data and real-time information for signal coverage, PSIP, and contract management, as well as TV listings, program guides, and its proprietary TitanCast [...]
London: News Corporation has announced that it has reached an agreement to buy a 9.09 per cent stake in Rotana Group, the Middle East media group. Under the terms of the agreement, News Corporation will acquire newly-issued shares in Rotana for $70 million. The company has an option to increase its stake to 18.18 per [...]
Warner Bros. Home Entertainment Group has announced the acquisition of a majority stake in Rocksteady Studios, a privately held developer of interactive entertainment targeted at teens and adults, continuing Warner Bros.’ pattern as one of the industry’s fastest growing games publishers.
“Rocksteady demonstrated its professionalism and extraordinary development abilities with Batman: Arkham Asylum,” said Kevin Tsujihara, [...]
Miami :ConnectedMedia Technologies, Inc. , a wholly owned subsidiary of X-Change Corporation,has announced that it has received the approval of the Secretary of State of Florida to close on the 52% of Global Broadcasting Systems, LLC, (GBS), a media company that operates in Radio, Television and Digital Media/Internet.
GBS owns and operates WWWK Latina 105.5 FM [...]
Boulder : Active Interest Media, Inc. has announced it has acquired all equine titles and online properties published by the Source Interlink Media division of Source Interlink Companies, Inc. and by Horse Media Group . Effective today, AIM’s new publishing group will cover all facets of the equine industry and will include the largest and [...]
New York : CBS Corporation (NYSE: CBS.A; CBS) has reported results for the fourth quarter and full year ended December 31, 2009.
“Throughout the past year, Leslie and his team did all the right things to position CBS for a vibrant future, and the results we’re reporting today speak to our momentum,” said Sumner Redstone, Executive [...]
New York : The New York Times Company has announced today 2009 fourth-quarter and full-year results. Operating profit excluding depreciation, amortization, severance and the special items grew 10.9 percent to $157.6 million in the fourth quarter of 2009 compared with $142.1 million in the fourth quarter of 2008. On a GAAP basis, the Company had [...]
Silver Spring:Discovery Communications, Inc. (“Discovery” or the “Company”) (Nasdaq: DISCA, DISCB, DISCK) has reported financial results for the full year and fourth quarter ended December 31, 2009. The discussion below assumes the transaction between Discovery Holding Company (“DHC”), Discovery Communications Holding, LLC (“DCH”), and Advance/Newhouse Programming Partnership that resulted in Discovery becoming a public company [...]
Reston:comScore, Inc. has announced that it has signed a definitive agreement to acquire the ARSgroup, a leading communications research agency specializing in the measurement of advertising persuasion for TV and multi-media campaigns and helping many of the world’s largest brands in the consumer goods, pharmaceuticals, retail and entertainment industries optimize their advertising messages. The all-cash [...]