Satellite radio signs up Stern
Shock jock Howard Stern said Wednesday that he will move to satellite radio in 2006, launching what may be the biggest challenge to traditional radio since the arrival of television...
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Hollinger details sales scandal
The Chicago Sun-Times dumped on average more than 50,000 newspapers every weekday and 17,000 on Sundays at the height of its circulation-inflation scheme, according to the paper's parent company, Hollinger...
Retired execs team up to buy smaller ad firms
With three-fourths of the $270 billion U.S. advertising market now controlled by five agency holding companies, conventional wisdom holds that there are few, if any, ad agencies left out there...
Kraft’s candy, mints may nourish Wrigley
If the chatter on Wall Street is right, Kraft Foods Inc. is the latest in a line of big food companies looking to unload brands in efforts to right-size portfolios...
Hospital’s ads symptomize TV conflict ills
If you notice a feature about Northwestern Memorial Hospital in the middle of a new NBC health show that seems like a three-minute advertisement, well, you're right. That's what it...
Promised perks disappear when rivals merge
The sale of one company to another often can be brutal on employees. It's not just that jobs are lost. It's also the jarring effect on longtime employees who survive...
Daley brothers packing political, business clout for trip to China
That special blend of business and politics has always been a vital part of Chicago. And when that blend includes the Brothers Daley--Mayor Richard M. Daley and J.P. Morgan Chase's...
Media exec asks court to clear air on stock options
A dispute that turned personal between WMAQ-Ch. 5 president and general manager Larry Wert and Clear Channel Communications has spilled over into the courtroom. Wert, who spent 10 years with...
Bears ticket sale has a catch
Looking to sell your Chicago Bears tickets this season? Well, there's good news, Mr. or Ms. Season Ticket Holder. The Bears have a new "corporate partner" that can deal with...
Hollinger findings mean more questions
Now that a special committee has determined that at least $400 million was pilfered from Hollinger International Inc., shareholders are wondering: How much money will be repaid? When will the...