If you can’t sell papers, sell wine. That seems to be the philosophy of the New York Times, which has thrown its hat into the wine club ring, playing into its rep as the snootiest print publication around. We hope the New York Post responds by starting up a hard-liquor-on-the-rocks club.source
Now Web-focused, with a quarterly magazine. Yesterday, Uptown Media announced that they had agreed to take on both iconic hip-hop rag Vibe Magazine and its Web site. First on the agenda? Site redesign! By the end of the year, they hope to have another print product on the shelves, this time a quarterly publication with a smaller circulation. Vibe stopped printing after a 40% decline in ads bled them dry earlier this year. source
Former advertisers 1. State Farm 2. Lawyers.com 3. Procter & Gamble 4. Progressive 5. S.C. Johnson 6. GEICO 7. Men’s Wearhouse 8. Sargento
Beck’s advertiser list has been cut significantly after an orchestrated campaign to attack the Fox News talk-show yakker for comments like those in the video above. And it’s had an effect. Thanks to left-leaning organizations like Media Matters taking Beck to task for racist and/or below-the-belt attacks on Barack Obama and Nancy Pelosi, these advertisers are now out.source
This is a vote of confidence that the credit markets and economic outlook has improved and will show even further improvement down the road.
Bank of Tokyo-Mitsubishi UFJ Ltd. CFO Christopher Rupkey • Discussing what the Federal Reserve’s decision to slow down the buying of U.S. Treasuries. This is very good news for the economy, and the economy responded accordingly, with stocks up today. They still plan to continue the $300 billion program, but with an end date of October instead of September. • source