Earlier News Monday, Nov 17, 2008
Sun., November 16
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Young 3Q Revenue Comes in Flat
However, the $36.2 million doesn't include revenue from KRON San Francisco which has been on the block and treated as a discontinued operation. But it says since there are no "current active discussions with possible buyers," fourth quarter results will include that station's figures.
FULL STORYHouse Set to Release FCC Findings
The House Energy & Commerce Committee's Oversight and Investigations subcommittee is looking to release the findings of its FCC investigation within the next 10 days, according to a committee source. FCC Chairman Kevin Martin hasn't said whether he wants to meet with the committee to talk about the report before it's released
LINKDow Drops 224, Nasdaq Ends Down 35
Wall Street finished sharply lower Monday as investors pored over more signs of economic weakness, including a huge round of layoffs in the financial sector.
FULL STORYBrooke Shields: 'Lipstick' Not Canceled
Brooke Shields told US Weekly that Lipstick Jungle is not canceled. Sources say Lipstick backers are doing a full court press -- public and private -- pushing NBC to order more episodes and Shields' comment is less a reflection of reality then part of an effort to make a reality.
LINKBarrington Same-Station Revenue Up 11%
The boost to $35.1 million comes from political money. Core local revenue was up 1%, while national posted a 6.4% decrease
FULL STORYCuban: SEC Charges Are False
In a posting on his blog Monday, attorneys for HDNet Chairman Mark Cuban charged the SEC with misconduct and called the commission's insider trading complaint filed against Cuban Monday meritless.
LINKDomino's to Take Orders Via TiVo
Digital video recording company TiVo Inc. said Monday it is teaming up with Domino's Pizza Inc. to allow subscribers to order pizza for delivery or pick-up from their TV sets.
FULL STORYWOFL Names Gavin Maliska News Director
The Orlando, Fla., Fox O&O names Gavin Maliska vice president and news director.
FULL STORYIn Lubbock, There's No Place Like Homes
Undaunted by the bursting of the real estate bubble, Ramar's KJTV has been running a successful multimedia sales campaign promoting a local real estate development and many of the builders and other companies involved in it."We're able to deliver revenue across our group -- TV, our sister radio stations as well as our production department and our Web site," says Ramar's Chris Fleming.
FULL STORYMark Cuban Charged with Insider Trading
Federal regulators have charged HDNet founder and Dallas Mavericks owner Mark Cuban with insider trading for allegedly using confidential information on a stock sale to avoid more than $750,000 in losses.
FULL STORY'60 Minutes' Soars on Obama Interview
President elect Barack Obama's first post-election interview drew season-high ratings for 60 Minutes. The long-running CBS newsmagazine averaged a 6.4 adults 18-49 rating from 7:30 to 8:30 p.m.
LINKJohnson & Johnson Pulls Out of Olympics
Less than three years after announcing that it would become a worldwide Olympic partner, Johnson & Johnson has decided not to extend its sponsorship through 2012.
LINKTV Rivals Fight For Subs, Sell Spots Jointly
Even as Time Warner Cable, FiOS and DirecTV race to pry subscribers away from each other, they are quietly in business together on the ad sales front. The three believe that their combination will grow the non-broadcast spot market and each will profit handsomely.
LINKExtinction Threatens Yellow Pages
Industry's Web sites have small audiences, and the economic downturn has eroded ad dollars. Hearst unit throws in with Google.
LINKTV Development Pipeline Drying Up
Already tight-fisted from the migration of viewers and advertising dollars to other media, broadcast networks are now cutting development costs in the face of perhaps the most challenging economic environment the TV industry has ever experienced.
LINKRather Suit Shows Role of GOP in Inquiry
Evidence seems to support Dan Rather's assertion that CBS wanted its investigation into a segment about President Bush's National Guard service to mollify critics.
LINKNo Mystery: Ratings Heat Up for 'NCIS'
While no one was looking, this six-year-old series that lands on few magazine covers, enjoys almost no love from critics and never gets a sniff of a nomination for awards is suddenly the hottest show on the air.
LINKAddressable Ads Could Reinvigorate TV
Addressable TV ads -- which many believe are the simplest solution for advertisers wringing their hands over ad skipping and DVR viewing -- are currently being buoyed by developments on several fronts. Better targeting would improve efficiency, but scale remains a major hurdle.
LINKRetailers Have Christmas Nightmares
Alarm bells, not sleigh bells, are sounding at retailers across the country. As Thanksgiving approaches, what has long looked to be simply a dismal holiday is morphing into something far worse: a bloodbath that could sink full-year earnings and have repercussions well into 2009.
LINKTV Sports Feeling the Recession
Once thought to be the sole recession-proof property on television, big-ticket sports are showing signs of vulnerability in the fourth quarter, with ad sales down as much as 15%, according to a number of media buyers and network execs. Brisk sales in the upfront and long-term sponsorship packages have gone a long way to cushion the blow, but the scatter market is all but paralytic, as many key categories have practically shut down.
LINKWeb-Video Ad Prices: Cringe-and-Wait
Despite fourth-quarter advertising cutbacks, online video ad prices in the slumping economy appear to be holding steady so far. Media agency executives expect this sector of the Internet advertising ecosystem to suffer price decreases early next year, as nearly all ad prices drop.
LINKCan NBC and Rosie Revive Variety?
Having already revolutionized daytime talk and reinvigorated The View, Rosie O'Donnell is now hoping to resurrect one of TV's storied genres: the variety show. It's a tall order, which may be one reason O'Donnell has enlisted some serious showbiz firepower for her Nov. 26 NBC special, Rosie Live.
LINKCBS Orders More 'Gary,' 'Worst Week'
CBS gave a seven-episode pickup to Gary, ordering two additional scripts for the Jay Mohr sitcom on top of that (and its previous 13-episode order) for what's being called a "virtual back nine" pickup. Fellow frosh sitcom Worst Week got three more segments -- a sign the network still believes in the show despite its so-so ratings.
LINKVadas to Head CW's Reality Department
The CW is in talks to recruit Oxygen exec Kristen Connolly Vadas to take over its reality department. Vadas would replace Jennifer Bresnan, who moved to CBS in August.
LINKOnline Video Chips Away at TV
After polling 2,800 people in six countries, an IBM study says 76% have viewed video online and 45% do so regularly. Of those who have watched online video, 15% say that as a result they watch "slightly less" TV, while 36% said they watch "significantly less" TV.
LINKWill Economic Crisis Ground Mobile TV?
As broadcasters tout burgeoning mobile services, including mobile DTV, the financial crisis may prevent the technology from gaining market share.
LINK'Minds,' 'Numb3rs' Find Syndie Homes
CBS crime procedurals step up to replace CSI block on CBS, Gannett, Belo and other station groups in 2010.
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