Things are always changing in the world and The New York Times Company is right up there with changes. It plans to sell its Regional Media group to Halifax Media Holdings. Halifax will pay 143 million dollars in cold hard cash. This consists of 16 regional papers that include popular ones like the Tuscaloosa News. [...]
Continue reading...8. December 2011
Newspapers are struggling in the United States and people do not have to look far to find out why this is happening. Newspapers began struggling when the internet exploded with news websites, social media websites, and blogs in the early 2000s. Newspapers started struggling even more when smartphones were released, because people on the go [...]
Continue reading...6. July 2011
This article writes about Charlie Sheen’s return to the small screen on Monday night. Comedy Central will be having a Roast of Charlie Sheen on the same night that “Two and a Half Men” returns with Charlie’s replacement, Ashton Kutcher. Let’s see who says “Winning” after the ratings come in. Read the original article here: [...]
Continue reading...12. August 2010
Seattle-based advertising company HL2 has gone out of business after more than 15 years, according to a report in the Puget Sound Business Journal. The company, which was formerly known as Horton Lantz & Low, had lost major clients in recent months and the tough economic climate made it difficult to borrow more money in [...]
Continue reading...6. July 2010
Longtime Indianapolis, Ind. ad agency Pearson Partners Inc. is closing after 33 years, according to a report in the Indianapolis Business Journal. About a dozen workers will be left without a job. The agency apparently is another victim of the tough economic times. President and CEO Ron Pearson told the paper “we’ve struggled through the [...]
Continue reading...20. August 2009
Advertising agency Bartle Bogle Hegarty will lay off 10% of its staff in the United Kingdom. The firm blames the decline in ad spending. The redundancies will target 40 people at the firm’s 400-person London office. Earlier this year, the agency slashed salaries by 3.5%. BBH counts British Airways, Barclays Bank and Audi amongst its [...]
Continue reading...4. August 2009
Kolar Advertising has laid off employees for the first time in its 20-year history. Nineteen of the firm’s 89 employees have been laid off. Those laid off are getting a severance package and outplacement. Two of Kolar’s major clients, the US Army and 3M, have cut back on ad and marketing spending. Founded in 1989, [...]
Continue reading...30. July 2009
Dentsu America has confirmed that Mike Wilson has left the firm. He was Chief Creative Officer and an executive vice president. Wilson joined the firm in December 2006. No reason was given for his departure. Wilson was previously a group creative director at Ogilvy & Mather. Creative directors Paul Laffy and Bruno Corbo, also previously [...]
Continue reading...15. June 2009
Manhattan ad agency The Horn Corp. is offering free office space to unemployed advertising pros looking for work. Each day a small crowd of grateful people works out of their office on their laptops, sending out resumes. The job-searchers have formed a small community, helping each other chase down job leads. Agency honcho Ariel Horn [...]
Continue reading...29. May 2009
According to information from the Bureau of Labor Statistics at the US Department of Labor, the nation’s advertising agencies have lost 24,100 jobs since the recession began last year. Advertising Age used the government numbers to determine that, factoring in all advertising related media jobs, the total job loss for the period is 65,100. According [...]
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29. December 2011
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