The News Review:
- States question advertising in budget crunch
- Sina May Buy Assets From Focus Media for $1 Billion
- SuperWire Inc. Announces the Acquisition of Boulder …
- Michelin’s Fuel Efficiency Claims Challenged
- China’s Sina in $1.27 Billion Deal
- Subway reaches $645000 settlement with 3 counties
States question advertising in budget crunch
Salt Lake Tribune United States
For states that are heavily dependent on tourism the matter is taking on a new urgency as every expense is closely examined by elected officials who have rapidly declining revenues and a slew of worthwhile programs to fund. All 50 state legislatures will meet next year with most facing budget cuts. Here in the snow-covered mountains of Utah Gov.
Sina May Buy Assets From Focus Media for $1 Billion
Bloomberg
operator of China?sbiggest Web portal may buy part of Focus Media Holding Ltd. forabout $1 billion to expand into non-Internet advertising fourpeople familiar with the matter said. The acquisition of Focus Media?s digital out-of-homeoperations which sell advertising in elevators and officebuildings may be announced as early as today the people saiddeclining to be identified before a public disclosure. Sina plansto issue stock for the purchase two of the people said. Sina would gain at least 120000 flat-panel televisionscreens in office buildings and public spaces in more than 90cities broadening its advertising sales beyond the Internet. Shares of Focus Media China?s largest listed advertising companyhave slumped 81 percent this year making it an acquisitiontarget in an advertising market forecast by JPMorgan Chase & Co. to expand 10 percent next year.
SuperWire Inc. Announces the Acquisition of Boulder …
CNNMoney.com
It also gives the company presencein a market segment sought after by SuperWire for its high concentrationand size of Hotels and other MDUs. (Multi-Family-Dwelling-Units)James Truher SuperWire Chairman said “After a successful year ofoperations in our Seal Beach California system we are looking for growthin areas with solid market opportunities. We will continue to expand in2009 into cable systems with our triple play as well as our advertisingmodel. Some systems we will acquire and others we will become a strategicpartner that will bring SuperWire and our partners additional revenueopportunities with minimized expense. Ed Hart Senior Vice President said “We are gearing up to roll out ourtechnology and business strategy to multiple locations this next year. Wehave additional systems that have been identified for expansion and withthe Boulder City cable TV acquisition we can more easily grow this marketsegment. This last week we expanded the channel line-up and addedadvertising insertion to the system.
Michelin’s Fuel Efficiency Claims Challenged
Tire Review H
The claims at issue include:• “It’s time to fight back. MICHELIN fuel-efficient long-lasting tires help you save money. ”• “Michelin makes the most fuel-efficient line of tires on the road which saves you money over the life of your tires. *”• “ABUT $300 or 68 GALLNS F GAS – that’s what a set of MICHELIN Latitude Tour HP tires can save you.
Related from Champcarnews: Tennessee Senator Has Rocky History With Auto Union
China’s Sina in $1.27 Billion Deal
Wall Street Journal
27 Billion Deal – WSJ. 27 billion in stock.
Subway reaches $645000 settlement with 3 counties
San Francisco Chronicle USA
tmpl –>(12-20) 16:06 PST Novato Calif. (AP) –The Subway sandwich chain has reached a $645000 settlement with three counties who sued for misleading advertising and overcharging. html —- –> Get Quote.