Economy

Medialink Worldwide Sinks Further Into the Red

by Bob Burton — May 16, 2009 - 4:03am

The financial woes of Medialink Worldwide, the largest producer of fake news products such as video news releases (VNRs) and audio news releases (ANRs), continue to get worse.

Main Source: 
Medialink Worldwide Media Release, May 15, 2009

The Nicotine Addict's Dilemma

by Anne Landman — May 15, 2009 - 3:52pm
  • Topics: Economy, Health, Tobacco

    • A recent study in the Journal of Preventive Medicine found that young people who feel action should be taken against the tobacco industry are more likely to want to quit smoking.

    Don't Worry About Larry

    by Bob Burton — May 5, 2009 - 3:35pm
  • Topics: Video News Releases, Economy, Fake TV News

    • Medialink Worldwide, the largest producer of video news releases and audio news releases, may be crashing and burning with the market downturn but the company's President, CEO and Chairman, Larry M

    AIG Told to 'Fess Up About Its PR

    by Diane Farsetta — April 15, 2009 - 11:15am

    "House Democrats are investigating American International Group Inc.'s role in a campaign to discredit its former chairman and chief executive officer, Maurice 'Hank' Greenberg, in the wake of federal bailouts to the insurance company totaling $182.5 billion," reports Bloomberg.

    Main Source: 
    Bloomberg, April 14, 2009

    AIG Tight-Lipped About the Cost of Spin

    by Bob Burton — April 13, 2009 - 5:36am

    AIG spokesman Nick Ashooh has defended the company -- which received $180 billion in U.S. taxpayer funds -- over criticism of its hiring of four PR firms. Michael Weisskopf reports that Sard Verbinnen & Co.

    Main Source: 
    Time, April 10, 2009

    If You Can't Beat 'Em, Join 'Em

    by Anne Landman — March 23, 2009 - 4:24pm

    Cigarette makers are taking advantage of the upcoming 62-cent increase in the U.S. federal excise tax on cigarettes to raise prices.

    Main Source: 
    MetroWest Daily News (Framingham, Massachusetts), March 23, 2009

    Even Dezenhall Couldn't Have Saved Madoff

    by Sheldon Rampton — March 19, 2009 - 10:48am

    "As the swindle of the ages inches closer to its denouement, reporters covering financial scandals -- and a few friends -- have asked me, 'What could somebody like you have done for Bernie Madoff?'" writes crisis management specialist Eric Dezenhall.

    Main Source: 
    Huffington Post, March 16, 2009

    Wal-Mart Buys PR in Bulk

    by Diane Farsetta — March 12, 2009 - 2:12pm

    Wal-Mart Stores plans to hire a few outside public relations firms to develop "fresh, emotional PR programming" promoting its grocery, health, clothing, home, hardware, auto and entertainment products, along with Wal-Mart's events, financial services and website. Edelman, which has been Wal-Mart's main PR firm for three years, is among the five or six finalists for the major account.

    Main Source: 
    Advertising Age, March 10, 2009

    Cayman Islands Searching for Friends in High Places

    by Bob Burton — March 10, 2009 - 4:18am

    Fleishman-Hillard (F-H) is busy trying to open doors for Cayman Islands government ministers keen to lobby members of the U.S. House of Representatives Ways and Means Committee and the Senate Finance Committee. With the U.S.

    Main Source: 
    Cayman Net News Online (Cayman Islands), March 3, 2009

    Bad Economy = Easier Military Recruiting

    by Diane Farsetta — March 5, 2009 - 4:32pm

    "The economy, together with easing worries about the violence in Iraq and even President Barack Obama's election" is benefiting the U.S. Army. With the "constant reporting that we are going to downsize and leave" Iraq, it's been easier for the Army to meet recruiting goals, said Lt. Gen. Benjamin Freakley.

    Main Source: 
    Advertising Age, March 2, 2009
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