Like the unstoppable killer in a horror movie, an unfeeling entity who once menaced OC and was believed to be long gone, is now poised to return. Just in time for Halloween, no less. If nothing else, you have to admire the timing.
A county finance committee voted yesterday to add Merrill Lynch to the list of approved underwriters with which the county may do business. The reason Merrill Lynch hasn't been on the list, despite the fact that it is one of the county's leading brokerage houses,
Earlier today, the Justice Department approved Sirius Satellite Radio's proposed $4.59 billion (!) aquisition of satellite old-schooler XM Satellite Radio.
This decision created one single US satellite radio provider.
In response to questions fearing a monopoly, the Justice Dept. said " the combined company won't be able to raise prices profitably because of competition from such forms of audio entertainment as broadcast radio and MP3 players."
Read the rest of the article here.
"Breaking" news in its "Newspaper Deathwatch" category: Media Bistro reports Orange County Register employees are unsure whether to take the buyout currently being offered or risk having future buyout offers lowered:
Nervous staffers at the Orange County Register had been considered asking for voluntary layoffs this week, after news spread that future layoffs would include less generous severance packages. (Currently, staffers are offered to two weeks' pay per each year worked.)
But when sta
As merger mania sweeps through the ownership suites of the L.A. Times and Orange County Register, some may find it odd that the fierce competitors:
1) are even considering joining forces, and
B) would even be allowed to merge
After all, it was not that long ago that those U.S. Department of Justice anti-trust meanies slapped the wrists of the former New Times and previous Village Voice Media for doing much the same thing, albeit on a much less impactful, Southern California alternative news
Live Nation hasn't had the best PR lately, what with nearly unanimously negative response to their plans to merge with Ticketmaster--but who says that giant corporations don't have some neat ideas every now and then? This Friday the 13th (tomorrow, for those non-calendar inclined), they'll be selling tickets to a bunch of southern California shows for just $13 each, for 13 hours from 10 a.m. to 11 p.m. Additional services charges apply--of course!Full list of eligible Orange County shows (like L
Flickr user KingKong21Nemo finding Doctor Doom.​Just this morning, the Walt Disney Company released a press release announcing their intention to purchase and acquire Marvel and its portfolio of 5,000-plus characters--including Iron Man, Spider-Man, X-Men, the Fantastic Four and more--for $4 billion. "Disney is the perfect home for Marvel's fantastic library of characters given its proven ability to expand content creation and licensing businesses," said Ike Perlmutter, Marvel's Chief Ex