[opendtv] Re: Scripps Spins Off TV Sector

  • From: John Willkie <johnwillkie@xxxxxxxxxxxxx>
  • To: opendtv@xxxxxxxxxxxxx
  • Date: Wed, 2 Jul 2008 10:06:35 -0700 (GMT-07:00)

It is probably also important to point out that it "seems" that tv's problems 
are directly related to the writer's strike.  Let's hope the pattern isn't 
repeated with the SAG situation.

Prime time revenues and audiences were down about 20% this year.  Other than 
that, tv has appeared to be holding its own.

John Willkie

-----Original Message-----
>From: "Manfredi, Albert E" <albert.e.manfredi@xxxxxxxxxx>
>Sent: Jul 2, 2008 9:17 AM
>To: opendtv@xxxxxxxxxxxxx
>Subject: [opendtv] Re: Scripps Spins Off TV Sector
>
>Craig Birkmaier wrote:
>
>> This short story says volumes...
>
>http://publications.mediapost.com/index.cfm?fuseaction=Articles.san&s=85
>893&Nid=44537&p=428449
>
>> We hear far less about the declining fortunes of local
>> TV broadcasters, however, the story is similar. Declining
>> ratings and older demographics for what remains.
>
>In fairness to local TV, Craig, what the article says is that it's
>holding its own. Which must mean that the demographics of the viewers is
>not changing very much. Younger people must be replacing the older
>folks, as time moves on.
>
>"The prospects for the new E.W. Scripps remain murky. In the first
>quarter, newspaper revenue was down 8.3% to $156 million (ad dollars
>dropped 10%). Another trouble spot: Even as newspaper chains are
>experiencing falling ad dollars, revenues at online operations--although
>small--are generally increasing, but Scripps' were flat in Q1 at $10
>million.
>
>"Local TV revenue was down slightly ($500,000) versus Q1 in 2007."
>
>Bert
> 
> 
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