Do you ever wonder why ad people show up for work everyday? Is it for the money? Or are we driven to make a contribution to the culture, however small? This L.A. Times story looks at another industry, one we need not ask such philosophical questions of. A report released Tuesday shows that Wall Street's elite are making more money than ever, with the 25 highest-paid hedge-fund managers averaging $570 million in …
MySpace Reality
The Wall Street Journal (paid sub. req.) is reporting on reality TV kingpin Mark Burnett's latest foray on the interwebs. MySpace.com and reality show producer Mark Burnett said today they will produce a political reality show that will appear on the social-networking site and also seek a network television slot. Dubbed "Independent," the reality series pits would-be politicians in a competition for a $1 million …
Baio Is Back
I know there's a secret cadre of Scott Baio fans on AdPulp, so I couldn't resist this nugget from Radar Magazine: The former Charles in Charge star is set to chronicle his dating life in L.A. for a VH1 show tentatively titled, Scott Baio is 45 ... And Single. Although no premiere date has been picked, a source close to production tells Radar, "it's essentially Scott Baio running around on dates trying to find a …
Stocking The Stream
Venture capitalist, Fred Wilson, explains his firm's latest investment and the business opportunity in internet radio. Streaming radio is very popular already. A recent comScore study reported the cumulative monthly audience of the top four online radio networks at 6.2mm US listeners. If you include all internet radio, that number is certainly well over 10mm montly listeners and could be larger than the subscriber …
Crispin’s Off And Running With Nike
From Ad Age: Nike has officially transferred the creative work for its running-shoe business, as well as the Nike Plus and its Nike ID Web site accounts, to Miami-based Crispin Porter & Bogusky, a Nike spokesman said. "Crispin Porter & Bogusky has a proven track record for delivering creative, breakthrough ideas and we are excited to begin working with them to support these areas of business," said Dean Stoyer, …
Continue Reading about Crispin’s Off And Running With Nike →
Goodby Connects The Dots
Goodby, Silverstein & Partners' hometown newspaper took a look at how the agency is busy transforming itself for the digital age. The story says the founders worried that their best days were behind them, but two years ago took steps to alter the agency's course. Goodby, 55, a Harvard graduate who describes himself on his office nameplate as co-founder, informal psychiatrist and father, said he had a career epiphany …
Stock Market Soars While Consumer Spending Tightens
According to Associated Press, consumer confidence is down. High gas prices, the specter of higher interest rates and faltering home sales have Americans worried. The National Association of Realtors reported on Tuesday that sales of existing homes plunged in March by the largest amount in nearly two decades. The group said that sales of existing homes fell by 8.4 percent in March, compared to February. It marked the …
Continue Reading about Stock Market Soars While Consumer Spending Tightens →
Radio By The Hour
The New York Times is reporting on an innovative move in the Dallas radio market, at a time when traditional radio is faced with increasing competition from satellite radio and iPods (which are often equipped for the car). Clear Channel Communications is trying something radically different at a commercial radio station in Texas: getting rid of the commercials. As of today, KZPS in Dallas — on the dial at 92.5 FM or …
