Times Co. Board Member Is Stepping Down

Thomas Middelhoff, a German business executive, will not seek re-election to The New York Times Company’s board in April.

    



Forbes Says It Is for Sale

The media company, which includes Forbes magazine and a growing digital presence, said it had hired Deutsche Bank to seek offers.

    



SFX Entertainment Prices Its I.P.O. at $13 a Share

The stock offering raised $260 million and values the company, which puts on dance festivals, at $1.05 billion, a person briefed on the matter said.

    



Advertising: Old Slogan Returns as United Asserts It Is Customer-Focused

United has resurrected its “fly the friendly skies” tagline.

    



William Morris to Invest in Droga5, an Ad Agency

The giant talent agency is close to acquiring a 49 percent stake in Droga5, an independent advertising agency whose clients include Coca-Cola and Motorola.

    

Former I.B.M. Chief, Palmisano, to Lead Bloomberg Privacy Review

The company named Samuel J. Palmisano, former I.B.M. chief, to review its practices after complaints that Bloomberg reporters were snooping in data terminals.

    

More Clients Ask Questions of Bloomberg

Bloomberg L.P. hastened to shield its lucrative terminal business and appease its subscribers after accusations of privacy violations.

    

Time Warner’s Spinoff Plan Returns to Basics

With the spinoff of Time Inc., Time Warner has become an example of the media industry’s shift away from rapid acquisition and growth.