advertising revenues
Judging by the amount of "Season's Greetings" holiday and New Year's e-cards that I have been getting, the activity level and hence possibly the business of online e-cards should be high. But then I hadn't opened a single e-cards e-mail, and that explains it. No one cares for digital greetings, most of all ads around it, and more importantly, no one's paying to send customized ones these days.
Tribune, the Sam Zell-owned newspaper chain, has hired bankruptcy advisers in an attempt to stave off potential bankruptcy filing, reports NYT, citing sources. It is using investment bank Lazard and the law firm Sidley Austin, to try and restructure its crippling debt and assess its options, the story says.
Tribune CEO Sam Zell's entry in the understatement of the week contest: "We are operating in an exceptionally difficult financial and economic environment." True, but Tribune's problems stretch back further and go deeper than backlash from the current economy. The company reported a Q3 loss of $124 million Monday, compared with earnings of $84 million for the same period last year.
Cathie Black and Tina Brown famously clashed over the ill-fated Talk magazine, which Brown edited and Black was involved in killing earlier this decade. It's clear from Brown's interview of Black today at our EconWomen conference that the pair continue to have divergent views about the magazine world.
The effects of the recession appear to have hit most sectors of the economy suddenly these past few weeks, but it's something The McClatchy Company (NYSE: MNI) and other newspaper publishers have been dealing with for some time now.
In times of financial crisis, one of the few things to benefit is the financial media. And that may go some way to explain why Financial Times publisher Pearson (NYSE: PSO) today reported that FT Group's revenues have risen by 11 percent in the last nine months while at FT Publishing revenues are up 14 percent with advertising revenue 1 percent ahead of 2007 on a like-for-like basis.
While Yahoo's (NSDQ: YHOO) Right Media and Google's (NSDQ: GOOG) AdSense serve as the largest examples of online ad exchanges, AOL's (NYSE: TWX) Platform-A wants them to make room for another one: later today, the Time Warner company is introducing BidPlace, bil
- advertising community
- advertising revenues
- Advertising.com PubAccess Service
- AOL
- buy.at affiliate network
- chief product
- content-specific media
- Goowy Media
- Lynda Clarizio
- media executions
- Microsoft
- New York
- online ad exchanges
- online market
- Platform-A
- Platform-A's Spot Marketplace
- Time Warner
- United States
- widget-based marketing services
- Yahoo