- A coalition of large companies have formed the Blog Council, a private and exclusive group of faceless corporate entities dedicated to finding ways to get better return on investment from social media. READ MORE HERE

- NBC is giving back refunds from their mega upfront due to the writer's strike. READ MORE HERE

- Ad agencies forgive Facebook. READ MORE HERE

- News Corp. chairman Rupert Murdoch will speak at next year's Cannes Lions International Advertising Festival. READ MORE HERE

- In England, Wii has been such an overwhelming success that the company has suspended its aggressive advertising because it doesn't want to increase demand. READ MORE HERE