By Chuck Ross Matt Lauer is denying a report that he’s split with his wife Annette, calling the story "a work of fiction," People.com reports. "I am living in my apartment with Annette and my children as a family and…
NBC and P&G are targeting baby boomers with a new Web portal, reports Mediaweek. The network’s digital division is joining with Procter & Gamble Productions to create a Web portal called Lifegoesstrong.com, which will serve as a central jumping-off point to…
Chrysler is readying a new television advertising campaign aimed at restoring its image with consumers, Advertising Age reports. The campaign is expected to appear in the next few weeks and feature real company employees. The auto maker has hired a…
Walt Disney Co.’s fiscal second-quarter profit jumped 55%, helped by a strong performance from its film studio ("Alice in Wonderland"), Bloomberg News reports, but results from its cable and television units disappointed some analysts, who had been expecting higher profits….
CBS may decide to hold back commercial time in the upfront market if it doesn’t get the price increases it wants, the Hollywood Reporter reports. That’s according to Chief Financial Officer Joe Ianniello, who spoke at an investment conference on…
The panic on Wall Street on Thursday, May 6, may have been caused by a trader who, mistakenly, punched into a computer that he wanted to sell $16 billion worth of futures, when he meant to type in $16 million,…
A woman who works for NBC’s flagship TV station serving the Los Angeles market, KNBC-TV, claims to have bought the single winning ticket in Tuesday’s Mega Millions lottery that’s worth $266 million, a KNBC spokesperson has confirmed. At the woman’s…
A new study shows the power of social media, even under the most surprising of circumstances, Advertising Age reports. According to the report, "Would you answer a text during sex? If you’re younger than 25, one in 10 of you…
Some users of Facebook discovered a glitch this week which allowed them access to information about their Facebook friends that was supposed to be private, the New York Times reports. As social media becomes a more important tool for marketers…