NYT Has 'No Intention' of Dismantling Dual Stock Structure
At Credit Suisse: President Robinson Admits to a 'Tough' Year
NEW YORK (AdAge.com) -- Using its most forceful language yet, The New York Times Co. tried again today to
drive a stake through complaints about its insulated corporate governance and speculation that ex-insurance
tycoon Hank Greenberg wanted to somehow buy it.
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Time Warner CEO in an Acquiring Mood
At Credit Suisse: No Limit to What TW Can Buy, Other Than a Portal
From the Credit Suisse Media Conference
NEW YORK (AdAge.com) -- A jovial Time Warner CEO Dick Parsons explained yesterday just why he'd hired
NBC Universal's Randy Falco, saying he needed someone who could execute on strategy and someone who
had strong advertising relationships. Mr. Parsons, speaking at the Credit Suisse First Boston media conference,
said the time was right to hire a new CEO. He described Mr. Falco as "our kind of guy," though he still had
plenty of praise for outgoing AOL CEO Jonathan Miller.
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Yahoo's Millard Cautious About User-Generated Content
At UBS: Not Many Good at Monetizing Those Pages
From the UBS Media Conference
NEW YORK (AdAge.com) -- Not everyone is excited about the marketing possibilities of user-generated content
-- least of all Wenda Harris Millard, chief sales officer at Yahoo, who defined the success of YouTube as "a lot of
page views. What was their revenue this year?"
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Randall Rothenberg to Lead IAB
Booz Allen Hamilton Consultant and Journalist Named CEO
NEW YORK (AdAge.com) -- The Interactive Advertising Bureau has picked its new chief: Randall Rothenberg, a
Booz Allen Hamilton consultant and Advertising Age columnist. He will take over as the new CEO of the IAB
beginning in early January.
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Advertising Forecasters Expect Modest Growth for 2007
From UBS Conference: Coen, King Differ Over Predicting Internet's Impact
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NEW YORK (AdAge.com) -- The advertising forecast for 2007 coming out of investment bank UBS' 34 Annual
Global Media & Communications Conference being held this week was decidedly mild. Even with major growth
projected for internet spending, Robert Coen, senior VP-director of forecasting, Universal McCann, sees only
4.8% growth in ad spending in national and local advertising in 2007. Steve King, CEO-worldwide,
ZenithOptimedia, predicted only 4.2% growth.
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