media

The Only News is Bad News

cityfile · 04/17/09 11:55AM

• The first quarter wasn't such a hot one for NBC Universal: Earnings dropped 45 percent as the ad market continued its downward spiral. [WSJ, TVWeek]
• The world's largest newsprint maker has gone bankrupt. [NYT]
Rolling Stone is closing up shop in San Francisco. [Portfolio]
• Ads sales figures at The New York Times Co. are looking pretty ugly. [E&P]
• Some good news, at least for impoverished porn addicts: Time Warner no longer plans to charge customers based on bandwidth usage. [Wired]

Esquire Is Getting Nervous

Hamilton Nolan · 04/16/09 11:31AM

Esquire's ad revenue dropped 22% in the first quarter, which actually put it above average. But we hear that the magazine's staff, and its corporate overlords, are on edge. There was a meeting yesterday [UPDATED]...

The Times Cuts Back, Trouble at ABC?

cityfile · 04/16/09 11:28AM

• The Times is folding in several sections of the paper (City, Escapes); scrapping the weekly fashion spread in the New York Times Magazine, and cutting the budget for freelance writers. Grim times, indeed. [NYT, Gawker]
• NBC CEO Jeff Zucker is reportedly concerned that CNBC has become too conservative and is becoming "the anti-Obama network." [P6]
• The new Ben Silverman? That would be ABC's Stephen McPherson. [NYP]
Bill O'Reilly tends to ambush liberals more often than he does conservatives. Could that mean he, like, has an agenda or something? How surprising! [NYT]
• Twitter on fire: Traffic is up 131 percent from February. [AdAge]
• Gannett Co. reported a 60 percent decline in first-quarter profit today. [AP]

We Must Destroy Somalia to Honor Our Brave Seamen

Hamilton Nolan · 04/16/09 08:34AM

Break out the confetti and American Flag sheet cakes, because the heroic crew of the ship jacked by pirates is back in the USA! A nation celebrates, on instinct. Meanwhile, the pirates are talking shit!

Magazine Melt Down

cityfile · 04/15/09 11:39AM

• More bad news for the magazine biz: Ad pages fell 26 percent during the first quarter, although you probably guessed that when you used last month's issue of any number of Condé Nast magazines to floss your teeth. [NYT]
Steve Brill plans to save journalism! Or die trying, at least. [NYT]
• Sam Zell now says his acquisition of the parent company of the Chicago Tribune in 2007 was "a mistake." And a rather expensive one at that. [CT]
• Is NBC's long ratings slump over? Jeff Zucker sure is hoping so! [LAT]
20/20's Bob Brown has been dismissed after 30 years at the network. Insult to injury: He was told he could freelance for the network if he wants. [P6]

Meet Kari Ferrell: Criminally Hipster

Hamilton Nolan · 04/15/09 09:57AM

It's a crazy new hipster character fond of criminal and sexual hijinks! Let's meet Kari Ferrell, the 22 year-old tattooed Utah girl who scammed her way through hipster Brooklyn. Sex, lies, cancer, and bands, yea!