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Markets & MediaMonday Mar 23, 2009
MSM Wants Google Recognition/Results
Friday Mar 20, 2009
Microsoft Not Pursuing NYT, Thank You Very Much!
It's no secret Microsoft is trying to overhaul its approach to the Internet -- not to mention sort out its on-again, off-again relationship with Yahoo. So, what does that overhaul include if not the NYT? ZDNet reports that they company is "working on a 'set change' in how it approaches search on the Internet, code-named Kumo.com. Exclusive high-quality news, behind a registration or pay wall, could distinguish either a refashioned search business or its Web portal." Whether this includes Yahoo is unclear, what it won't include, apparently is newspapers no matter how cheap their share price is. Thursday Mar 05, 2009
Someone is Buying the NYT (Stock)Via MediaJobsDaily comes Alley Insider's observation that even as the Dow continues to plummet the NYT appears to be holding steady. Says Blodget: It took long enough, but it seems the New York Times Company has finally found some friends with deep pockets who don't think the stock is going to zero.Coincidence? We shall see! Credit Crisis For DummiesChances are that by this point you have a better understanding of the nations financial institutions (or at least a better understanding of the lack of understanding). However! Should you need a bit more of a run through of the fiasco than Jon Stewart was able to provide last night we bring you this handy little Credit Crisis explanation via our counterparts over at FishbowlLA.
Media Layoffs: Actually Not That Bad?
In a Reuters article today about layoffs, Paul Bond notes that the media industry has experienced the lost of 7,453 jobs in the first two months of 2009. That's a 34 percent increase over the same time period during 2008, obviously not good news. However, when you consider that the retail (72,727), automotive (70,058), and industrial goods (51,545) industries have all suffered massive losses, the picture gets a bit rosier. While there are certainly more employees in these three sectors and thus more people to lose their jobs the numbers make working in the media world seem like a decent proposition. Losing your job is terrible and we sympathize with all of our friends and colleagues who are searching for employment but at least we have a good severance plan. The tech sector, now that's a place you don't want to be. Wednesday Mar 04, 2009
The Recession Goes Interactive Courtesy of WSJ.com
Want to get a big picture glance at the Recession as it happens? WSJ.com has you covered. The site has launched an interactive guide to the Global Economic Meltdown. Each industry is color-coded and you can choose to sort things under a number of categories: Industry, Company, Date Announced, Number of Job Cuts, Percent of Workforce, Stock Decline. Though no matter which way you cut it the finance industry appears to come out the worst for wear (also, there's no media category). Play along here. Thursday Feb 26, 2009
Mobile Advertisting Finally Here?
The analyst firm believes that mobile advertising revenue will grow at an astonishing 81.2 percent annually, turning the current $160 million market into a $3.1 billion industry. Local media search will skyrocket to $1.3 billion up from just $20 million this year. The new cause for optimism stems from the proliferation of smart phones (hey, iPhone) into the U.S. market. With people willing and able to do more on their phones (email, surf the net, watch movies, listen to music), the opportunities for advertisers to spend their dollars will only grow. Good thing someone saw this coming. Tuesday Feb 17, 2009
30% of People Surveyed Say They Would Pay for Facebook
Mark Zuckerberg may want to take note! Many people are so devoted to Facebook they would pay for it if they had to.
That said, when it comes to businesses people recommend getting on the Twitter! Thursday Dec 18, 2008
335 Magazines Launched in 2008 And Other Observations on the Future
Furthermore, Tweney sees more mags launched in 2009: "We'll see even more magazine startups, as entrepreneurs with funding (or un-maxed-out credit cards) seize the twin opportunities of cheap journalistic labor and lower competitive barriers to start up publications of their own." It won't be an easy ride, however, and "anyone launching a publication in 2009 better have deep enough pockets to ride out a year or two of very thin revenues," Tweney says. After the jump, we highlight some of the best predictions. Wednesday Dec 17, 2008
News Corp. Switches Stock Exchanges
The stock exchanges want prominent names so they can get other companies to list on their exchange. Ordinarily, you actually pay to be listed. That's part of how exchanges make money. But a big name like News Corp helps bring in other companies, so you might pay them. It's like nightclubs giving free stuff to celebrities. PreviouslyConde Nast Portfolio's Breakfast Panel NYT Co. Stock Falls to Lowest Point in Decades Nick Denton: Doom-Mongering the Future of Media Outlook for Media Still Dim as Layoffs Continue In Other News, the Future of Print Still Looking Dim CNN, Steve Jobs, and the Price of Citizen Journalism: FBNY Talks to Jay Rosen Martha Stewart Omnimedia Names Two New Board Members Business Week.com's Byrne: ''Gaming's Not What It Used To Be'' Fish Food: Imus In Boston, Times Edition Join FishbowlNY, Mediabistro For The Circus Wall Street Meltdown: How Key Media Companies Are Holding Up CBS, Moving Internationally And Digitally Raines: The NYT Going For The Elite, Intellectual Audience Is A Sound Idea Whither Source Interlink Media? Is News Corp. Interested In Yahoo? Talking To Tom Allon, CEO, Manhattan Media FCC Allows Some Broadcasters Cross-Ownership Dow Jones CEO Richard Zannino To Resign Zucker: Nobody Has Figured Out The Digital Bottom Line NBC And The Olympics In The Hour Of The Wolf |
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