Business

How happy will advertisers be after the Comcast-Time Warner merger is complete? Are better advertising-related products coming down the road? We can’t be sure.

On February 1, 2014 the Hispanic business and marketing community lost an advocate as Hector Galvan from Sprint passed away.

Hector was an avid champion of genuine Hispanic community engagement and supported countless Hispanic media, bloggers, and organizations dedicated to improving Latino communities. He served as an ambassador making sure the needs of the public were understood, well addressed and met.

Despite ongoing market uncertainty, retail chief financial officers are feeling more confident about the state of the consumer. According to a new BDO USA, LLP survey, retail CFOs forecast a 5.1 percent increase in total sales and a 4.8 percent increase in comparable store sales this year, marking a significant increase from the number expressing similar sentiments last year. A majority of CFOs (63 percent) indicate that they include online sales in their comparable sales projections, suggesting that some of this expected growth and optimism may be linked to the exploding popularity of e-commerce.

Univision Communications Inc. announced an agreement with Centerstage Brands International, LLC to license an array of consumers products, services and promotions branded with the name and image of Pedro Infante, the late Latin American idol from the Golden Age of Mexican cinema.

One of the contentions my co-author and fellow Online Media Spinner Joseph Jaffe and I are making is that “The Big One” is coming — or, actually, has arrived.

Huddled Masses Media, powered by MediaMath, The Cipher Group and The NorthStar Group announced a private multicultural advertising exchange.

According to Linda Lane Gonzales, minorities in the U.S. are rapidly advancing into the majority position, becoming the new mainstream. “Hispanics and other ethnic groups make up 41 percent of the population,” she says. “This will grow to over 50 percent by mid-century. Yesterday’s Multi-cultural segments are today’s General Market.”

Knowing your audience and taking advantage of the extensive reach of social media can help maximize network investments made in big tent pole TV events and shows, said a panel of executives speaking at the Multicultural TV Summit here Tuesday.

Emilio Estefan and Botran Rum announced they are officially joining together on a multi-channel marketing campaign through the US with the mantra “The Night Begins with Botran.”

Spanish Broadcasting System Inc. (SBS) announced the promotion of Max Ramirez to Vice President, Digital Media Sales of SBS Interactive.

Don’t get left behind with 2013 tactics. Use these five resolutions to help guide your marketing efforts to great results in 2014.

Smart marketers going after the growing markets of young multiculturals will use research and insights into how those people think about themselves and find the “sweet spot” in messaging that resonates. That was a lesson from Esther “E.T.” Franklin, executive vice president and head of SMG Americas Experience Strategy at Starcom MediaVest Group, in a conversation opening the Multicultural TV Summit and Leadership Awards in New York City.

Lino Garcia, general manager of ESPN Deportes, stressed the importance of “authenticity” in programming towards a multicultural audience during a keynote discussion moderated by ESPN Radio host and First Take commentator Stephen A. Smith at B&C/Multichannel’s Multicultural TV Summit on Tuesday.

One size, increasingly, does not fit all in the pursuit of multicultural TV audiences.

Latinos may be enjoying increasing influence across U.S. culture and expanded buying power to go along with their population growth, but when it comes to advertising messaging and spending aimed at this group the industry continues to lag.

The mainstream media is off by a mile when it comes to covering immigration and other issues of vital importance to the Hispanic community, said a pair of prominent TV news personalities on the panel “The Role of News and its Impact on the 2014 Multicultural Vote” at the Multicultural TV Summit here Tuesday.

Even as online shopping continues to grow, more U.S. shoppers are planning to make purchases from physical stores, according to the results of the latest study of “seamless retailing” by Accenture. In a survey of 750 adult consumers, 21 percent of U.S. shoppers said they plan to increase their in-store purchasing, up from just nine percent of shoppers in the previous year. Asked to name what retailers need to improve the most in the overall shopping experience, 40 percent of respondents ranked improving the in-store shopping experience first, compared to just 16 percent who said the same of online shopping.

Hector Galvan – Director of Hispanic Communications at Sprint has passed after a quick bout with cancer.

In Q4 2013, total revenue was $2.59 billion, an increase of 63% year over year, compared with $1.59 billion in the fourth quarter of 2012. Revenue from advertising was $2.34 billion, a 76% growth in advertising revenue from the same quarter last year. Approximately 53% of ad revenue came from mobile, up from approximately 23% of advertising revenue in the fourth quarter of 2012.

SDPnoticias.com announced it will be launching in the U.S. in the summer of this year.