can't buy me love
Posted by Barry Silverstein on November 12, 2009 08:30 PM
Once the acknowledged cable news leader, CNN has seen its brand battered by competitors on the right (Fox News) and the left (MSNBC). Nielsen Media Research reports that for Q3 of this year, Fox News is up 24%, MSNBC is up 22%, but CNN is down 10% compared with last year.
What's CNN to do? Shuffle its personalities, for one thing. Last night's sudden news that Lou Dobbs abruptly resigned from the network was followed quickly by the announcement that Jon King would take over Dobbs' 7 pm slot.
Dobbs may have become a liability for CNN in recent years. He evolved from an objective news anchor into a fiercely independent commentator, known for strong views on immigration in particular. Some progressive groups launched campaigns to try to get Dobbs off the air.Continue reading...
Posted by Stephanie Startz on November 12, 2009 08:20 AM
To raise cash and pay down debt, Motorola looks to split into three companies. [NY Times]
Hewlett-Packard acquires computer network provider 3Com. [NY Times]
Ford's European auto sales rise 13% in October, a 12-year high. [WSJ
Marks & Spencer considers expanding across Europe once again. [Times of London]
Best Buy promises an "aggressive" rollout across Europe. [FT]
Combative host Lou Dobbs resigns from CNN. [NY Times]
Europe's big four supermarkets predict a "feisty" holiday season. [FT]
Disney streamlines marketing, sells films simultaneously across multiple platforms. [WSJ]
(More headlines: Gap, JC Penney, Target, Nikon campaigns.)Continue reading...
Posted by Stephanie Startz on October 13, 2009 08:01 AM
If bid for NBC is successful, Comcast could rival ESPN. [WSJ]
Bank of America will hand over legal documents from Merrill purchase. [WSJ]
China drives German automaker sales. [FT]
Embarrassed T-Mobile discontinues Sidekick sales after consumers lose data. [WSJ]
Music industry moves to web, combining branded content, advertising for revenue. [BrandWeek]
Ad campaigns market the promise of America. [NY Times]
Disney to rebrand stores as an "experience," may open Times Square flagship. [NY Times]
(More headlines: NBC's mom site, mags' new revenue sources.)Continue reading...