CBS confirms: It’s a tough economy
The multimedia giant says it’s taking steps to make sure when the economy turns, it will be primed to take advantage. That means a focus on
Moody’s feels broadcasters’ pain
Or at least the credit rating agency is measuring the pain. So far in 2009, Moody’s Investors Service says the adverse impact of the contracting US economy on radio and television station revenues is
Tight journo playlist focuses on economy
Economic concerns were front and center across all media, according to the latest report from the Project for Excellence in Journalism covering the week...
MMTC petitions for expanded ad nondiscrimination
In the broadcasting world, the FCC has taken steps to ban the practice of no-Urban dictates, no-Hispanic dictates and other such arrangements that tend...
UBS dubious about US ad prospects
2008 was not a good year for advertising-based businesses. And the bad news is that the year 2009 lacks an election and an Olympic...
Arbitron CEO vows to grow company, expand in multi-media
Arbitron’s revenues grew 16.8% in Q4 due to more Portable People Meter (PPM) markets, but profits were down a bit, though in line with
For those about to shrink, we salute you
Analysts at Barclays Capital expect that CBS earnings will be almost halved from the 54 cents per share they were a year ago, suffering...
Consumers padlocking wallets
Gallup Poll has quantified just how tight the average American has gotten of late. During the two week period ending 2/11/08, Americans were spending...
Chrysler, GM plans due today
Today, GM and Chrysler will submit cost-cutting plans that call for shedding thousands of jobs, closing plants, paring union benefits and cutting their debts,...
Radio, break this awful cycle already!!!
I have watched now for nearly 10 years as radio has self destructed. Save for a few pockets o f success, May I say RADIO SUCKS!!! We all know that
On Google Radio…
A reader responds to our story on Google leaving the radio business: Google spent millions to learn a lesson that almost any mom-and-pop radio station operator could have taught them
Free local media webinar to be hosted by Second Street
Second Street Media Solutions is sponsoring a free webinar for local media management to learn how they can profit from the exponential growth of...
Reporters shield back on the agenda
The House of Representatives approved a bill allowing reporters to protect sources last year, only to have the measure wither in the Senate, which...
Midway Games files Chapter 11
Sumner Redstone’s sale of his controlling stake in a strangely-structured deal started a financial chain of events that has now led Midway Games to...
Journal: Q4 down for broadcasting, worse for print
Broadcasting revenue fell 6.4% in Q4 at Journal Communications, with TV down 5.5% and radio off 7.8%. For the company’s newspapers, the drop was...