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Hearst-Argyle TV: Misses Estimates, Local Ad Sales Off 10% As we learned from CBS yesterday, local TV is getting hammered by the ad slowdown. More evidence: Hearst-Argyle TV (HTV), one of the largest independent owners of network-affiliated statio [..]
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Another Auto Industry Loser: TV Stations Sirius XM (SIRI) isn't the only media business that will be affected by Detroit's slowdown: So will local TV stations that rely on the auto industry for a significant portion of their ad revenue.
Today's WSJ notes that 700 new-ca [..]
Game Industry Booming, Game Companies Failing. Why? The video game industry has done fairly well in light of the economic slowdown -- February game sales (both hardware and software) were up 34% y/y. But that hasn't stopped game studios from dropping [..]
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Google Hiring Slowdown? We Hope So (GOOG) The folks at Wired, Valleywag and other sites are debating whether Google (GOOG) is cutting down on new hires. But this one is pretty straightforward: Google is cutting down on [..]
Moonves: National Ad Spending "Still Hanging In There" (CBS) "We have not aseen a great slowdown in national advertising," said CBS CEO Les Moonves during an earnings call this morning.
Executives said the company sold just under 80 percent of its national TV advertising during the upf [..]
Tough Video Games and Why They're Played [Mega Man 9] In a brief look at Mega Man 9, the Wall Street Journal's Jamin Brophy-Warren notes that the game's deliberate flicker and slowdown were added in for reasons other than the retro-feel. They make the game more demanding. "Why make a game [..]
Gartner lowers handset market growth forecast
(Reuters) Reuters - Research firm Gartner said it cut its
forecast for cellphone market growth in 2008 to 10-11 percent
as a global economic slowdown started to crimp demand in the
second quarter. YahooTechNews [..]
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Analysts Lower Online Ad Estimates -- "Again!" After downgrading Google yesterday and "to reflect a deeper than expected impact of the global economic slowdown," Jefferies analyst lowered their online advertising revenue estimates for 2008 and 2009 -- "Again!" they managed to che [..]