Date-wise News

Interpublic Group of Cos. announced layoffs of 3,500 employees and said it will close or merge more than 75 facilities by year-end. The move came as the Group reported a quarterly net loss and lowered its full-year earnings target.

exchange4media Staff Jul 27, 2001 8:16 AM

Viacom, whose properties include Paramount Pictures and MTV, posted stronger results on Thursday, boosted by its cable networks division, although its television and radio divisions felt the impact of an advertising slump affecting the whole industry.

exchange4media Staff Jul 27, 2001 8:04 AM

As the dotcom meltdown takes its toll, leading Indian advertising agencies are now focussing on Customer Relationship Management (CRM) services. CRM has now become the buzzword in the Indian marketplace and in a bid to retain customers, marketers are now o

exchange4media Staff Jul 27, 2001 8:04 AM

The Pentamedia is awaiting the RBI clearance for the transponder deal, before it can launch the children’s channel, Splash. The company is in talks with Sony Entertainment Television to make Splash a part of their bouquet for distribution.

exchange4media Staff Jul 27, 2001 8:03 AM

Balaji Telefilms has hiked the rate for its two mega serials currently shown on Star Plus, Kahani Ghar Ghar Ki and Kyunki Saas Bhi Kabhi Bahu. Balaji Telefilms asked for a higher fee as it felt that much of STAR Plus's success has been due to these serials

exchange4media Staff Jul 27, 2001 8:02 AM

In response to the KP Geethakrishnan’s Expenditure Reform Commission’s second report recommending rationalisation in the I&B Ministry, the Information & Broadcasting Ministry in a reply to the Finance Ministry, has decided to retain the media units with so

exchange4media Staff Jul 27, 2001 8:01 AM