Time Warner's cable networks' upfront advertising revenue will probably be down for the current upfront selling period, per company officials. But future quarterly scatter selling periods may improve TV results. ...Read the whole story
Wall Street doesn't like what it sees concerning Meredith Corp. - stemming from a fiscal fourth-quarter loss of $164 million, sharply down from a year ago. The company's stock has dropped a big 12% in mid-day trading. ...Read the whole story
Consumer magazine publishers continued to take a beating in the second quarter of 2009, with Martha Stewart Living Omnimedia and McGraw Hill, publisher of BusinessWeek, both reporting big declines in publishing ad revenue. Worse, execs held out little hope of a turnaround in print advertising in the second half of 2009. ...Read the whole story
Everyone in the magazine business knows that behind closed doors, many big publishers give substantial discounts to media buyers off their official rate cards, but no publisher will actually admit to it, for fear of further devaluing their inventory. But do the math and the discounts are major: 47% to 79% ...Read the whole story
Nielsen said Wednesday that the proliferation of online TV content is "not necessarily" the reason that more than 1 million homes have yet to make the digital transition. ...Read the whole story
Verizon's FiOS telco TV service is taking customers away from cable companies; now, the telecom giant is using its partnership with satellite operator DirecTV to potentially lure more. ...Read the whole story
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