Media Companies Cull 30,000 in Fight for Their Future (Dinosaur Media DeathWatch™)

Advertising Age ^ | December 8, 2008 | Michael Learmonth

[abb]

Sunday afternoon good news.

[abb]

ping

[Drango]

Die already.

[AirForceMom]

Sweet.
Good news, since my Bills are representing Buffalo horribly up in Toronto.

[Bernard]

Trick question; what does this country have more of?

1) People who are officially unemployed, as defined by the Bureau of Labor Statistics, or

2) Illegal aliens with jobs that Americans don't want?

[Stentor]

I’m waiting for a remake of Gold Diggers of 1933. “We’re in the money...”

[Brilliant]

It might be the only industry where I don’t sympathize with those who’ve been laid off.

If you’re in the media, then consider that there is one industry that does not have to worry about losing their jobs, or receiving a pay cut. Politicians.

[jsh3180]

Here you go, for your Media Death Watch, breaking from Wall Street Journal:

Tribune Company prepares for bankruptcy.

This Week!

http://online.wsj.com/article/SB122868944355686385.html

[bruinbirdman]

Circulation. What's the drop in circulation of the print media? That's why ad revenues were looking for alternatives before July.

yitbos

[mplsconservative]

I haven’t bought a newspaper since Clinton was impeached and they acted like that was a bad thing. I’m waiting for the Minneapolis Red Star Tribune to declare bankruptcy. It sounds like they may be close. Heh!

[realdifferent1]

***Die already.***

LOL!
Reminds me of a saying one of my bosses used to use; 'don't tell me about the labor, just give me the baby'.

[silverleaf]

Will Brokaw Couric et al offer to work for $1 to save jobs of the little people...?

[SevenofNine]

WHOA that more to the story

[Hardastarboard]

WPP's media-buying unit Group M is predicting a 3.9% fall in U.S. ad spending in 2009, according to estimates to be released this week. That's after no ad spending growth from 2007 to 2008.

I'm calling BULLSH!T here, out loud. You can't watch the @#@$$ television any more without being annoyed to death with ads. I tried to watch the two hour episode of "24" a while ago, and was literally unable to follow the plot line for all the commercials. They would show four minutes of the program, followed by three minutes of commercials. I finally turned it off in disgust and went to read some history. I can't imagine what it would be like to watch TV if the media swine got the full ad buys they really want.

[Chode]

[KeyLargo]

Chicago Public Radio lays off 11

Chicago Public Radio, the parent of WBEZ-FM 91.5,chicagopublicradio.org, Vocalo.org and WBEW-FM 89.5 FM, is laying off around 9 percent of its staff in response to a projected $1.5 million revenue shortfall.

The budget crunch is the result of a decline in individual donations and less growth than anticipated in corporate gifts....

http://newsblogs.chicagotribune.com/towerticker/2008/12/chicago-public.html

[gaijin]

Only time I pick up the SF Chronic is literally when it is discarded in the corner of my gym.

1. fish wrap
2. parrot cage liner

[SevenofNine]

Bad vulture on handicapped space
Does that poor bird realize that people don’t need it at LA Times anymore

[hinckley buzzard]

Since the bubble-inflated high-water mark in 2000, media has lost more than 200,000 jobs.

Without Bill Clinton around, the spreading of lies and BS just doesn't pay like it used to.

[Gondring]

Yeah, getting beat by Miami at home in December is embarrassing...but then I remembered that it was in the dome at Toronto.

Still, it’s not fun being at the bottom of the division. :-(