CEO John Koten said in a staff memo that despite Fast Company’s growth, expenses were rising faster than revenue as the publishing industry business has softened

New York attorney general Andrew Cuomo drew first blood on Friday morning (Oct. 10), when he announced he was suing Arbitron over it Portable People Meter (PPM), accusing Arbitron of deceptively claiming that its portable people meter (PPM) system is valid, fair, and representative of diverse radio markets.

Seth MacFarlane’s experiment in original content for the Internet is off to a roaring start. The first six of a planned 50 animated shorts to be produced by the Family Guy creator— dubbed Seth MacFarlane’s Cavalcade of Cartoon Comedy—have generated 14 million total views since their Sept. 9 debut across various syndication partners, according to distributor Media Rights Capital.

Barack Obama will pay CBS almost $1 million for its half-hour ad buy in prime time Wednesday, Oct. 29.

Against a backdrop of rising costs and declining ad pages across the industry, Hearst Magazines said it would close third-place CosmoGirl! with the December issue.

The online video giant will begin streaming long-form professionally produced content, starting with a host of show from CBS’ library such as Star Trek and Beverly Hills 90210

Although it isn’t due to provide its quarterly earnings results for another 25 days, Viacom on Friday issued a revised business outlook, warning investors that domestic ad revenues will be down 3 percent versus the third quarter of 2007.

Although it isn’t due to provide its quarterly earnings results for another 25 days, Viacom on Friday issued a revised business outlook, warning investors that domestic ad revenues will be down 3 percent versus the third quarter of 2007.

New York attorney general Andrew Cuomo Friday (Oct. 10) announced that his office filed a lawsuit in New York County Supreme Court against Arbitron.

Adding a new level of interactivity to its radio station Web sites, CBS Radio launched Friday (Oct. 10) a new "now playing" widget that allows listeners to own, share and play music on demand.

Barack Obama has purchased a half-hour of prime-time television on CBS and NBC, sources confirm.

Clear Channel's radio stations are now accessible on Apple's iPhone or iPod Touch. The application, iHeartRadio, an extension of the company's Web site (www.iHeartMusic.com), is available for free through Apple's iTunes and the iPhone application store.

Clear Channel's radio stations are now accessible on Apple's iPhone or iPod Touch. The application, iHeartRadio, an extension of the company's Web site (www.iHeartMusic.com), is available for free through Apple's iTunes and the iPhone application store.

Talk programming guru Phil Boyce is exiting WABC-AM in New York after a 14-year run, the station announced Thursday (Oct. 9). Boyce's last day is today.

Turner Broadcasting System on Thursday revealed that Starcom MediaVest Group and Magna have agreed to work with TNT and TBS on the initial rollout of the company’s new TVinContext initiative, which promises to link commercials to similarly-themed programming content.

Turner Broadcasting System on Thursday revealed that Starcom MediaVest Group and Magna have agreed to work with TNT and TBS on the initial rollout of the company’s new TVinContext initiative, which promises to link commercials to similarly-themed programming content.

The fast growing virtual world Stardoll has partnered with Elle to launch Stardoll Magazine, a fashion-focused Web publication geared for tween/teenager girls.

The fast growing virtual world Stardoll has partnered with Elle to launch Stardoll Magazine, a fashion-focused Web publication geared for tween/teenager girls.

The Internet analyst community is starting to see signs that online advertising will soon take a hit as a result of the ongoing economic meltdown.

The Internet analyst community is starting to see signs that online advertising will soon take a hit as a result of the ongoing economic meltdown.

Seven months after its own relaunch, Success is spinning off a self-improvement title for women, called—surprise--Success for Women.

NBC Universal will shut down Weather Plus, the digital joint venture between NBC and its station affiliates. The news should come as no surprise; in July, NBCU, in partnership with The Blackstone Group purchased The Weather Channel, leaving the media conglomerate with two competing brands.

NBC Universal will shut down Weather Plus, the digital joint venture between NBC and its station affiliates. The news should come as no surprise; in July, NBCU, in partnership with The Blackstone Group purchased The Weather Channel, leaving the media conglomerate with two competing brands.

The fast growing music-centric social media site imeem has rolled out an original branded entertainment series, Wild Frontier of Sports, which is being produced with the social/green conscious media company Good.

The Big West Conference and ESPN have signed a five-year TV rights deal that includes a minimum of 12 national men’s basketball telecasts a year, along with other league events, primarily on ESPNU and ESPN2.

TNT will televise on Sat., Oct. 11, the first outdoor NBA game in the United States, a preseason matchup between the Phoenix Suns and Denver Nuggets to be played at the Indian Wells Tennis Garden in Indian Wells, Calif.

Nascar and seven-time Nascar champion Richard Petty have teamed up to produce a radio and television public service ad campaign, which raises awareness among Nascar fans of broadcast TV's switch from analog to digital on Feb. 17, 2009.

Forbes.com has launched a new content section within its Personal Finance channel aimed at financial advisers and big money investors.

The second presidential debate Tuesday night (Oct. 8) between contenders Senators John McCain and Barack Obama drew a larger audience than the first, which aired on a Friday.

Google is making an aggressive play in the online gaming world, as the search giant announced it will expand its AdSense product to various Web-based gaming sites and platforms.