May 8, 2012 |
Dan Roitman's company is called Stroll , a most ill-fitting name. From a growth perspective at least, Stroll's evolution has been anything but a leisurely pace. Born 12 years ago in a Maryland dorm room, the Center City company is an impressive display of the potential of any small business, though perhaps in the extreme. In just the last year, its revenue has exploded from $17 million to $40 million, with another doubling expected by the end of 2012. Profit growth was 400 percent last year, Roitman said.
April 28, 2012
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April 5, 2012 |
SAN FRANCISCO - By all measures, it wasn't a good day for employees of Yahoo or USA Today : Pay was cut, and so were thousands of jobs. And it didn't matter that one was part of the supposedly bright digital future and the other allegedly a part of journalism's past. In his first three months on the job, Yahoo CEO Scott Thompson has imposed the largest layoffs in the company's 17-year history, reshaped the board of directors, picked a potentially disruptive fight with a major shareholder and sued Facebook for patent infringement.
March 23, 2012 |
Jeremy Bloom - former Olympic skier, Philadelphia Eagle, and nonprofit-foundation boss - has been raising millions for his next career: replacing corporate ad-purchase professionals with automatic ad-view and spend-tracking software. Bloom's company, Integrate, said this week that it has raised $11 million from Comcast Ventures, cable-TV mogul John Malone's Liberty Global, and the Colorado-based Foundry Group. Foundry also invested $4.2 million in 2010. Integrate says it helps advertisers mine today's complex media markets - in which Americans are split into many thousands of micro-audiences - by sorting the enormous piles of our browsing and shopping data collected by websites, media companies, and merchants and then using it to rank viewership and purchases that follow consumer exposure to ads. The system replaces people with software.
March 20, 2012 |
The professional team sports jersey in America is a holdout against advertising - how much longer will that last? At the NBA board of governors meeting in April, owners are expected to discuss breaking down the barrier. "It's more exploratory than - boom - we're flipping the switch," said NBA spokesman Michael Bass. "It's been a subject of ongoing conversation with our teams. " America's big four professional team sports - football, baseball, basketball and hockey - have let advertisers and sponsors put names on almost everything: stadiums, outfield walls, halftime shows, dollar dog night.
March 20, 2012 |
A plan to create a regional force to take over policing in the city of Camden - slowed by uncertainty over its feasibility and bitterly opposed by police unions - seemed to advance Tuesday as Camden County officials ran a newspaper advertisement urging potential applicants to send in their qualifications. The ad, placed by the county freeholders in The Inquirer and the Camden Courier-Post, asks those interested in joining the proposed new force to "submit a letter of interest.
March 16, 2012 |
Though the advertising boycott of Rush Limbaugh is significant for its size and scope, it will ultimately prove ineffectual in dislodging him from his commanding perch above the talk-radio world. That kind of movement would require a different type of acquiescence, namely on the part of program directors, not advertisers. And though there is a strong case to be made for such a course correction, there are no guarantees those who determine content will stray from their current business model.
March 6, 2012 |
WASHINGTON - Radio host Rush Limbaugh said his apology to the Georgetown law student whom he called a "slut" was sincere but also joked that he, too, got a busy signal Monday when he called the show to join the growing roster of advertisers abandoning it. The student, Sandra Fluke, said that Limbaugh's apology did nothing to change the corrosive tone of the debate over health-care coverage and that Americans had to decide whether they wanted to...
February 29, 2012 |
Following a poll that showed a growing majority of Philadelphians concerned about the city's high tax burden, Mayor Nutter pledged Tuesday not to seek any new taxes in the coming budget, though some recent increases billed as temporary may become permanent. "The mayor has no intention of requesting a tax increase," his spokesman, Mark McDonald, said. City residents have endured four years of tax increases, including two "temporary" property tax increases, as the city has scrambled to make up for revenue lost from the recession.