Third-quarter profit at The Washington Post Co. rose 69 percent compared with the same period last year reports a staff writer from the newspaper. The Post Co. earned $17.1 million ($1.81 per share) on $1.14 billion in revenue during the period from July to September, the company said Friday morning, compared with $10.4 million ($1.08) […]Read More Newspaper 3Q profits are up and down
VSS predicts that total communications spending will decline 1% in 2009 to $882.6 billion, but grow 3.6% per year over the next five years to over $1 trillion making communications the third fastest-growing sector of the U.S. economy over that period. Segments driven by end user spending and targeted marketing services are gaining even as traditional advertising is shrinking.Read More Communications forecast for spending
Based on publishers’ estimates of September ad pages, released Tuesday, luxury fashion titles, a category that includes Harper’s Bazaar, W, Vogue, Elle and InStyle, are down 27% on average.Read More High-end advertising slims down fashion magazines
A look into the explosion of social media but how it fails to create jobs.Read More Will the social media explosion ever create jobs?
Media and Money: An estimated $60 million 2009’s MLB All-Star Weekend events at Busch Stadium in St. Louis are likely to bring in.Read More 2009 MLB All-Star expected to bring $60 million to St. Louis
Media and Money: House Resolution 848. Having recently passed an initial vote in a committee chaired by Conyers, the bill would require radio stations as well as networks to ante up royalties to all recording artists whose songs are played over the air waves.Read More Cathy Hughes: a defeat of HRH 848 would be a major victory for Black radio
Media and Money: Advertising forecaster predicts that the worst is over for the U.S. ad slump but that across-the-board revenue growth won’t resume until well into 2011.Read More Ad forecaster says the worst is over for the U.S. ad slump, but still weak