Group items tagged

"News Corp. agreed to pay $70 million for a stake in the media company owned by Saudi billionaire Prince Alwaleed Bin Talal, one of its largest shareholders. The New York media conglomerate will take a 9.1% stake in Rotana Group, with an option to double its holdings in 18 months. Corp. will have two seats on Rotana's six-person board. The investment gives News Corp its first significant foothold in the Middle East, where it expects economies to grow quickly."

"Facebook's news feed from its 400 million users has helped the social network far surpass its competitors, which also supply similar digital streams of consciousness. But now, Facebook owns the patent on news feeds."

Pepsi decided to pay millions for an online ad campaign that would "engage and interact with customers for months" rather than pay millions for 30 seconds of ad time during the Super Bowl. They also got a ton of free advertising from news agencies who reported on this decision.

News Corp is hungry to get into the middle east advertising/media markets because of the young audiences and emerging growth in their home markets. They are attempting to buy a share in Rotana Media.

Provides official categorization of all information/media sectors of the economy

The FTC certainly forgets that some companies were create to sell advertising space.

The San Francisco Bay Guardian is entitled to half the advertising revenue of the rival SF Weekly to help collect $21 million in damages after a jury verdict of illegal price-cutting, a Superior Court commissioner ruled Tuesday.