Tuesday, September 30, 2008
  • Confidence Erodes Among U.S. Ad Execs, Budgets Expected To Decline

    The U.S. advertising marketplace still may not be in a technical recession, but the spending confidence of U.S. advertising executives has been eroding for the past year, according to a twice-annual survey of some top marketers and media buyers. The study, the Media Economy Report conducted by Advertiser Perceptions Inc., found that the percentage of advertising budgets that are expected to increase over the next six months fell to 33% during the April/May period that its most recent survey was conducted, an eight percentage point drop from the Spring of 2007. The percentage of advertising budgets expected to decline during ... ...Read the whole story

  • Rejected Bailout Decimates Media Stocks

    On a day when the major financial market indices lost a stunning 6% to 8% of their respective values, many entertainment media companies lost even more ground. Some of the biggest losers: Disney, Time Warner, Viacom, News Corp. ...Read the whole story

  • Rainbow Gives Martin President Stripes

    Pleased with the progress of its We network, Rainbow Media has given a more prestigious title to its current chief. Kim Martin becomes president and general manager. ...Read the whole story

  • AT&T's New Partner: DirecTV

    AT&T will now sell DirecTV as a co-branded satellite TV service after Jan. 31, 2009. Analysts say that Dish's failure to move aggressively into HD programming contributed to the switch. The move will offer DirecTV customers an added bonus: bundled services. ...Read the whole story

  • Young Broadcasting Stock Plummets--Again

    Among the cratering of media stocks Monday came another blow to money-losing Young Broadcasting, the station group fighting a sort of two-front war. The company is grappling with investors' concerns that the local station business at large will continue to suffer from an ad market slowdown, while battling the more specific issue of whether it can unload its San Francisco station. ...Read the whole story

  • 'New York Sun' Sets

    Today's edition of the New York Sun will be its last, editor Seth Lipsky told the newspaper's staff in a meeting yesterday afternoon. The announcement of the paper's demise coincided with the worst single one-day drop in the New York Stock Exchange in over two decades, with the Dow Jones Industrial Average down 777 points. ...Read the whole story

  • Bad Market: Newspapers Down Less Than Expected

    As the stock market plunged on Monday and most corporate executives hyperventilated, newspaper publishers were probably among the few who were nonplussed. During a general washout, their under-performing sector is just one of many. ...Read the whole story

  • Football Ruled Sunday, But 'Housewives' Hold Their Own

    The season premiere of ABC's "Desperate Housewives" may have calmed the hearts of some network executives concerned about overall ratings erosion--at least for one night. ...Read the whole story

  • Washington Post Co. Acquires Foreign Policy
The Future Of Media: Interview With Gaby Darbyshire, VP, Gawker Media

Jason Stahl: What is the future of media on the Internet, both as business and as social connectivity? Gaby Darbyshire: Print won't ever die completely, but it will shrink: there will have to be consolidation in ...More