Newspapers’ Bad News Get Less Bad–But Not by Much
Is the newspaper advertising slump about to end? Nope. But it’s continuing to get a little bit less awful.
A survey of some of the remaining analysts covering the industry, as well as people who actually work in it, concludes that Q3 ad revenue will be down 25 percent. Awful by any standard except those of this year: Q1 was down 28.3 percent and Q2 was 29 percent.
Friday, September 18, 2009
Microsoft Goes Hunting for Malvertisers. Are They the Same Guys Who Hacked the New York Times?
Is YouTube’s Biggest Star Ready for the Big Screen?
Thursday, September 17, 2009
Pay Up: The Wall Street Journal Tries Charging Web Subscribers for Mobile Access
How to Make Money With Web Video: Books and DVDs
Back for Yet Another Season: The “What Will GE Do With NBC?” Show
Even when the M&A market was shut down, Wall Street couldn’t stop speculating about GE’s intentions for its NBC Universal unit. And now that it’s deal-making time again, the chatter is getting very noisy.
Hence the flurry of coverage over yesterday’s remarks by Vivendi CEO Jean-Bernard Levy, in which he said…not very much.
Wednesday, September 16, 2009
Twitter Goes for Broke, if Broke Means “A Lot of Money”: New Funding Round at $1 Billion Valuation
News Aggregator Daylife Ties Up With Getty: $4 Million Investment
Former Time Warner Boss Dick Parsons Gets Back in the Media Business
There are very good odds that there are going to be some very big deals happening in the media world in the next year or so. So this move makes a lot of sense: Former Time Warner CEO Dick Parsons is joining up with Providence Equity Partners, the private equity firm with a hankering for media investments.
Tuesday, September 15, 2009
Another AOL Org Chart Shuffle: COO Partoll, Search Boss Kannapell Out
Measure This: Adobe Buys Web Traffic-Counter Omniture for $1.8 Billion
What do you do if you’ve got a grip on the Web/design software market? Expand into the Web measurement business, apparently. Adobe, whose Photoshop and Acrobat software offerings dominate the Web publishing business, will pay $1.8 billion to acquire Omniture, whose Web traffic measurement software is that industry’s standard.
Former CBS DJ Adam Carolla Gets a New Gig: CBS Podcast Host
BusinessWeek’s Pitch to Investors: Buy Us, Then Fire Us
How do you sell a business magazine that lost $43 million last year? Convince buyers that they could fire 20 percent of the staff without missing a beat.
That’s part of the pitch Evercore Partners has been making to investors on behalf of McGraw-Hill, which wants to dump BusinessWeek. Look out, copy editors!
Viacom and Google Fight in Court, but Work Together to Keep Kanye West Off of YouTube
Yes, Viacom is still suing Google for a billion dollars, because it says too many of its videos showed up on YouTube. But that doesn’t mean Viacom and Google can’t work together to prevent the cable giant’s videos from showing up on YouTube.
Want to see this in action? Go to YouTube and try to find a clip of the Kanye West/Taylor Swift/Beyoncé incident from Sunday night’s Video Music Awards.
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About Peter
Peter Kafka has been covering media and technology since 1997, when he joined the staff of Forbes magazine. Most recently, he has been the managing editor of the tech and media Web site, Silicon Alley Insider.
Ethics Statement
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.