Six executives of Home Box Office International were suspended following an internal investigation of advertising practices in Latin America, according to news reports. HBO lawyers and accountants audited computer files at the Miami headquarters of Warner Channel Latin America, a unit of HBO, which is owned by Time Warner.
XM Satellite Radio Holdings reportedly has struck a deal with Major League Baseball to carry regular and postseason games over the next several years beginning next spring. The deal is said to be worth as much as $650 million.
The federal government, not the states, should oversee the emerging field of Internet telephony, according to FCC Chairman Michael Powell. Powell called for the FCC to be given broad regulatory power over Voice over Internet Protocol services as a way to ensure the industry would not be crippled by conflicting rules at the state level.
Joyce King Thomas is stepping up from executive creative director to chief creative officer at Interpublic Group's McCann Erickson shop in New York. She succeeds Nina DiSesa, who will continue as chairman.
Many advertising agencies are finally increasing their focus on the online search market, and big players Yahoo! and Google are encouraging the trend. Yahoo!'s Overture search engine team, for instance, is aggressively training ad agencies on how search marketing works.