Chief Marketer Staff
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Digital
Apollo Group Acquires Aptimus
Apollo Group Inc., a provider of educational services, has acquired Aptimus Inc., an online advertising network, for about $48 million.
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Agencies
DM Mergers and Acquisitions Rise in First Half
Merger and acquisition activity in the direct marketing industry increased exponentially in the first half of 2007, according to Petsky Prunier, an investment bank.
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Agencies
USPS Reports Net Loss of $659 Million
The U.S. Postal Service posted a net loss of $659 million for the third quarter.
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Lenox Group Narrows Losses
Lenox Group Inc. posted a net loss of $11.3 million for the second quarter compared with a net loss of $41.2 million in the prior year.
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Agencies
Quebecor Losses Deepen in Quarter
Quebecor World Inc. reported a net loss of $21.1 million for the second quarter, compared to a net loss of $6.5 million last year.
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Agencies
Pringles Tour Promotes New Crackers
Pringles is hitting the road to sample its new snack, Pringles Stix, and to promote a sweepstakes
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Saturation Turns GM From Olympic Sponsorship
General Motors is withdrawing from its long-standing Olympics sponsorship after the 2008 Beijing summer games, believing its already reaching that Olympics audience with its current marketing.
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Agencies
Zizzle Pushes New Button Maker Via Sweepstakes
Toy developer Zizzle is promoting a new toy with chances to win the device.
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Team Baby Entertainment Signs First Promo Agency
Team Baby Entertainment has signed on agency 206 to handle promotional and brand marketing efforts for the sports entertainment company.
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News Briefs
GOLD’S GYM: recruited University of Louisville basketball coach Rick Pitino to help promote the opening of its new 65,000-square foot facility in Louisville. Pitino will be giving away autographed basketballs at a grand opening event on Aug. 11.