FishbowlDC TVNewser TVSpy LostRemote AgencySpy PRNewser GalleyCat SocialTimes

How Much Did Your Favorite Fortune 500 Media Company Lose?

biggestloser04.21.09.jpgThe story of today is The New York Times Co.‘s disastrous first quarter results, but it’s not the only media outlet dealing with immense loses.

Over at paidContent.org (which cashed in during 2008), Rory Maher put together a list of media companies on the Fortune 500 list that struggled during the previous year.

Time Warner, the country’s 48th biggest company (and its largest media-related one), saw $13.4 billion fly out the door. CBS was close behind, losing $11.7 billion, while Gannett took at hit to the tune of $6.6 billion. We’d like to say this is going to get better soon, but we’d just be lying.

Mediabistro Course

Copy Editing: Intro

Copy Editing: IntroStarting January 6, learn basic copy editing skills using the AP Stylebook! In this course, you'll learn how to use dictionaries and online reference tools to edit work, ask the right questions to clarify convoluted copy, prepare for a copy editing test, and tailor your resume to find more work as a copy editor. Register now!