Advertising, Entertainment & Media
The Federal Communications Commission is moving closer to easing its media ownership caps, including regulations that now limit how many television stations a network may own, or whether a company can own a newspaper and a television station in the same city.
Some western companies have begun to recognize it might be in their interest to operate under enforceable standards that apply to all their competitors, rather than under voluntary ones that, for all practical purposes, apply only to prominent companies.
The Electronic Frontier Foundation (EFF) announced it has filed a challenge on Tuesday to an illegitimate patent from Clear Channel Communications. The patent - for a system and method of creating digital recordings of live performances - locks musical acts into using Clear Channel technology and blocks innovations by others.
Hardly more than a year has passed since the nation's biggest record labels started agreeing to a series of measures that were intended to end the industry's long history of employing bribes and other shady practices to influence which songs are heard on the radio.
Public relations giant Omnicom has received almost a quarter of a billion dollars in contracts from the federal government for public relations work. At least one has been labeled "covert propaganda," another involved paying off a journalist and opinion-maker.
Nissan Motor Co. Monday announced plans to slash more than 20,000 jobs world-wide, shift production out of Japan and seek government assistance from Japan, the U.S. and elsewhere, part of a broad new effort by the Japanese car maker to weather the economic downturn.
Business and trade-group lobbyists are beating a path for the first major battle over the Obama administration's efforts to overhaul the financial regulatory system. Recent discussions have involved the American Bankers Association, National Auto Dealers Association, U.S. Chamber of Commerce, Mortgage Bankers Association and other lobbyists.
As executive pay packages have rocketed in recent years, their defenders have contended that because most are tied to company performance, they are both earned and deserved. But as the Las Vegas Sands example shows, investors who plow through company filings often find that executive compensation exceeds the amounts allowed under the performance targets set by the directors.
The Ghana Institute of Journalism is objecting to a new public relations collaboration between the mining company Newmont Ghana Gold Ltd. and the weekly newspaper "Junior Graphic" to make positive information about gold mining available to children in Ghana.