MICHELLE CHAPMAN, AP Business Writer Media General is buying Meredith Corp. in an approximately $2.4 billion cash-and-stock deal. The combined company, called Meredith Media General, will have 88 television stations in 54 markets and media brands including Better Homes and Gardens, Allrecipes, Parents and Shape. Meredith shareholders will receive cash and stock valued at $51.53…
Category: Media and Marketing
Traditional media isn’t dead, it’s just adjusting
We often hear about the growth of digital media and the increased adoption of new media devices. With the press that digital media receives, it is easy to think that traditional media is becoming obsolete, especially among younger adults. It is true that TV, radio, magazines and newspapers are not the dominant media that they…
Ab+c Creative Intelligence named the agency for Stamford Health
Ab+c Creative Intelligence has been named the agency of record for Stamford Health in Stamford, Conn. A leading healthcare provider in southwestern Connecticut, Stamford Health has contracted with ab+c to launch its new brand and the opening of its new hospital. “We’re confident that ab+c, with its proven track record in healthcare marketing, will help…
Are you attracting ‘raving fans’ to your business?
Author and management expert Ken Blanchard defines a “raving fan” as a customer who is so satisfied they are willing to go out of their way to tell someone else about their experience. Sounds like every customer you have, right? Yeah, mine, too. If you own a small business, raving fans are better than any…
Comcast offers online video service for its Internet customers
NEW YORK (AP) — Comcast, the country’s largest cable company, is offering its own online video alternative as people spend fewer hours watching live TV and more time using tablets and phones for entertainment. The new service, called Stream, will be available to Comcast’s Internet customers and cost $15 a month. For now, it will…
Wilmington Star Group staff in limbo
By Kathy Canavan Kathy@DelawareBusinessTimes.com The Star Group’s seven full-time employees in Wilmington are in limbo today after Voorhees, N.J.-based Star abruptly shut down last week. The Star Group has a dozen active clients, from one-project contracts for as little as $40,000 to client relationships that bring in $1 million in revenue annually, said Amy Colbourn,the…
Star Group shuts down operations
The Star Group, the largest woman-owned marketing firm in the U.S., closed its doors this week and posted a notice on its website saying a situation beyond the group’s control forced its closure. The announcement was headlined “It’s about how hard you can get hit and keep moving forward.” The website gave no details of…
US court agrees Apple violated antitrust law in e-book entry
NEW YORK (AP) — Apple violated antitrust laws by colluding with publishers to raise electronic book prices when it entered a market in 2010 that had been dominated by Amazon.com, a federal appeals court said Tuesday. The 2nd U.S. Circuit Court of Appeals in Manhattan ruled 2-to-1 that a lower court judge was right…
NBC to Donald Trump: You’re fired
DAVID BAUDER, AP Television Writer NEW YORK (AP) — NBC said Monday that it is ending its business relationship with mogul and GOP presidential candidate Donald Trump because of comments he made about Mexican immigrants during the announcement of his campaign. NBC said it would no longer air the annual Miss USA and Miss Universe…
Gannett completes split of print, broadcasting divisions
MCLEAN, Va. (AP) — Gannett has completed the split of its print and broadcasting divisions into separate companies. The broadcasting and digital arm, which will be called Tegna Inc., will run the company’s television stations and websites such as CareerBuilder. It will also include Cars.com. Tegna will start trading on the New York Stock Exchange…