It's the advertising environment, stupid
Well, there were also tough comps during a political off-year which led to red-ink results at multimedia Journal Communications. Chairman/CEO Steve Smith explained, "The...
New York Times reports 2007 Q3 results
The New York Times Company announced Q3 revenues increased 2% to 754.4 million from 739.6 million. Ad revenues decreased 0.1%; circulation revenues increased 3.9%;...
Campaign is the lead in another diffuse week
The five media surveyed by the Project for Excellence in Journalism expressed a great deal of disagreement on which stories were deserving of the...
Moody's downgrades Emmis
Citing "continued weak operating performance," Moody's Investors Service has lowered its ratings on Emmis Communications debt. Moody's does, however, say the company's large market...
Ad sellers arrested in prostitution sting
Three employees of the classified advertising department of the Orlando Weekly, including the Director of Classified Advertising, have been arrested on charges of promoting...
Private equity slips out of Harman deal
Two private equity firms, Kohlberg Kravis Roberts and Company (KKR) and GS Capital Partners (an affiliate of Goldman Sachs), have been let out of...
Subaru selects Carmichael Lynch for creative, media
Interpublic announced today that its Carmichael Lynch unit has been selected by Subaru of America as lead agency for the client's creative and media...
Talkers double down on 2008
According to the Project for Excellence in Journalism, the 2008 presidential campaign dominated the newshole for the week of 10/7-12/07 with 15% of the...
Riley heavying up on Regent
Having succeeded in placing two of its picks on the board of Regent Communications, Riley Investment Management has bought up more of the company's...
Arbitron gets an upgrade
CL King analyst Jim Boyle has upgraded Arbitron's stock to "Accumulate" from "Neutral" and fixed a target price of 54 bucks. When Arbitron conducted...
Communications sector betting on Democrats
The communications/electronics industry is ranked 7th out of 13 business sectors in terms of donating cash into the 2008 political races. It's responsible for...
Dow Jones settles lawsuits
Dow Jones & Company says in an SEC filing that it has come to terms with shareholders who had sued to block the company's...
Shareholders reject vote equality
A proposal to give current non-voting Class A shares the same voting rights as Class B shares at News Corporation found little support at...
Who bid for Lincoln Financial Media?
Bids were due this week for the potential sale of the Lincoln Financial Media stations. There was, indeed, lots of interest in the portfolio...
Media General battling economic headwinds
Media General isn't saying much about Q4 TV pacings, except that revenues will not match 2006, which included 34 million of political spending. However,...