Bob Gremillion has been named interim publisher for the Chicago Tribune. Gremillion expects to hold the job for a couple of months maximum and said that he would decline a permanent job if offered. E and P (June 29, 2008)
Internet advertising is forecasted to surpass radio this year, with about 9.5 percent of ad budgets worldwide allocated to online media, and is expected to overtake magazine advertising by 2010. Bloomberg (June 25, 2008)
Dennis Publishing has plans to launch a digital-only motoring title, iMotor, on July 17, the work result of its new product development team. The company launched digital men’s magazine Monkey in 2006 and digital gagdet magazine Gizmo in February of this year. Bruce Sandell, the team’s managing director said “The creative interactive advertising opportunities this [...]
“In the field of electronic paper-based electronic newspapers, a verification test will start by the end of 2008, and an actual business will start in the second half of 2009,” said Ryosuke Kuwata, E’ Ink Corp’s vice president in charge of the Asia Pacific region, in a conversation with Tech On. Well-known newspaper companies, including [...]
At this point in the year, it could go either way. “It will bode well for some other media, and whether that winds up being print or online, I don’t know,” said Roberta Garfinkle, senior vp, director, print strategy, TargetCast. “The beauty of print is that they never run out of inventory.” Weeklies and fourth-quarter [...]
TMZ, the celebrity gossip site and syndicated television show, is exploring streaming video, as a way to bring live celebrity news stories to online viewers. Recent tests that featured a live streaming video of a parking lot, where Britney Spears was expected to appear, captured viewers for nearly two hours, and a video of Nick [...]
Robin Schwartz, a former head of Regency Television studio and onetime vice president of programming at Walt Disney Co.’s ABC Family channel, takes the helm of OWN (the Oprah Winfrey Network) a little more than a year before its launch. The Wall Street Journal  (June 19, 2008) Paid subscription may be required.Â
The unexpected departure of Victor F. Ganzi (pictured at left) as president and ceo of the Hearst Corporation has bankers, analysts and executives at some of the companies business partners scratching their heads. Were the “policy differences” about Hearst’s bucking conventional wisdom and substantially investing in its newspaper businesses or was did they stem from [...]
Victor F. Ganzi is leaving as president and chief executive of the Hearst Corporation, and will be succeeded — at least for an interim period — by his predecessor, Frank Bennack Jr. An announcement from Hearst explaining the separation cited “…irreconcilable policy differences with the Board of Trustees about the future direction of the company.” [...]
ESPN announced yesterday that they are acquiring Student Sports Inc., a high school-focused digital media and event production company. This is the latest edition in ESPN’s high school initiative, ESPN Rise. The exact terms of the deal were not disclosed, but ESPN will now control StudentSports.com, DyeStat.com and more than 160 events, like the Nike [...]