We are losing our faith in TV news as fast as those high-speed chases it’s so happy to show us. At the same time, we’re driving like maniacs on the social-media highway, letting it all hang out with the top down.
Mine and Yinka Adegoke’s story today on Intel’s proposal to use facial-recognition technology with a virtual TV service and set-top box has raised legitimate concerns about allowing Big Brother into consumers’ living rooms.
It was the best of times, it was the worst of times. It was the era of big, it was the hour of small. It was the age of complexity, it was the era of simplicity. It was an epoch of freedom, it was a time of tyranny. It was the season of two dimensions, it was the moment of 3D. Everything was before us — and we have seen it all.
Sure it was obvious, but I applaud the decision by whoever organized the IMG Intercollegiate Athletics Forum to pipe The Cars “Shake It Up” through the loudspeakers of a bland room in New York’s Marriott Marquis as the conference wrapped up.
Back in September, right before the quarter ended, Viacom trimmed its advertising revenue outlook to high single digit growth from double digit growth. One of only a few media conglomerates to take that step–News Corp, Time Warner, and CBS were much more upbeat–the move prompted some concern among media watchers that advertisers were beginning to slash their budgets on macro-economic concerns.
Anybody who wondered how AT&T managed to stand up against the Verizon Wireless February iPhone launch wasn’t paying much attention to their TV set.
Here are some of the day’s top stories in the media industry:
TV Networks Fight Drug-Ad Measure (WSJ)
“Advertising costs are deductible to any company as a business expense. The plan being considered by Rep. Rangel’s Ways and Means committee would eliminate the deduction with respect to prescription drug advertising,” writes Martin Vaughan.