Gannett sets the tone for a tough earnings period

April 16, 2009

Let the bleeding begin. USA Today publisher Gannett kicked off earnings season for media companies this morning, posting a 60 percent drop in quarterly profit.

Now showing: The cable show

March 31, 2009

The big story in the media for the rest of the week is the annual National Cable Telecommunications Association Show, or “the cable show,” as its commonly called.

The media is hungry for corporate excess

March 13, 2009

Guess where the paparazzi are training their lenses these days? For those of you who missed it, The New York Times writes that gossip rags have all but abandoned Britney Spears for the thrill of capturing corporate excesses on camera. From the paper:

Good news for Madison Ave: WPP will only be slightly down

March 6, 2009

Slightly down is the new up.

At least judging from the reception that advertising giant WPP received today after it predicted like-for-like revenue would drop 2 percent this year.

Les Moonves: No price cuts here!

March 3, 2009

CBS’s stock may be in the tank (now under $4 a share),  but Chief Executive Les Moonves is still pretty darn optimistic. That may be because his network — home to the “CSI” franchise, “Survivor,” and “The Mentalist” — is the only one of the big four that’s been pulling in more prime-time viewers. For months it has been crushing ABC, NBC, and Fox in the ratings game.

See you at the job bank

January 30, 2009

We were talking the other day about job cuts — more specifically about who would be next to feel the axe blade. We’d seen big cuts at Viacom, Omnicom, Warner Brothers and Time Inc, and, you know, it obviously didn’t take a genius to figure more were coming.

Television ratings in deep freeze

December 24, 2008

Since we’re coming up on year’s end, it’s worth a quick review of the television season so far. It has stunk. There. That’s about all you need to know.

Desperately seeking hits: MPG

December 1, 2008

Are people going to watch more TV because they’ve no money to go out? According to media buying and planning agency MPG — a subsidiary of Havas, the world’s sixth-largest ad firm — the answer is no, unless the TV networks come up with better shows.

What you watched on TV last week…

November 18, 2008

First President-Elect Barack Obama sparked a run on newspapers, and now his appearance on 60 Minutes helped deliver CBS the largest weekly audience of any network this season. The news program, featuring Obama’s first post-election interview, drew more than 25 million viewers, the biggest number since January 1999.

What you watched on TV last week…

November 11, 2008

What you — and everyone else –  watched on TV was the election, apparently. More than 71 million Americans tuned in to see the end of the presidential campaign, and coverage on ABC and NBC ranked among the top 10 shows during primetime last week, according to the latest Nielsen numbers.