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THE PEACOCK PLUCKS $500M; What does this mean for Days?
Topic Started: Oct 18 2008, 06:42 PM (2,359 Views)
Mitchapalooza
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Killing myself slowly

Jeff Zucker has single-handedly driven the NBC network into the freaking ground.

I am absolutely STUNNED he has not been fired by NBC Universal yet.
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Simmi
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Alligato
Oct 18 2008, 11:05 PM
I really don't mean to sound stupid here, but how does the economy affect the television studios?
Maybe themepark attendance goes down, but shouldn't viewership go up if people stay home?

Does it mean something like NBC/Universal stock is down so they aren't worth as much as they used to be? But how does that affect advertising, and why did they lose money on the Olympics?

Sorry. Y'all don't have to answer...I just have a hard time figuring out how things all connect sometimes.

Thanks for sharing...very interesting.
hey alligato, new here but maybe i can help out. i used to work in PR for fox, so i have a sort of understanding about this stuff. the trouble is not so much that viewership wouldn't go up--which it may or may not, depending on how dire you think things are going to get ;) but on the fact that most businesses are run on credit, even very large businesses like studios. they use credit to pay their employees, they use credit to buy supplies, they use credit to pay for insurance, etc. but the banks are not giving out that credit anymore. so businesses big and small are going to have a hard time.

this is the real problem with the economy and is likely why NBC will cut specific programming unless it pulls in lots of revenue through advertising.
Edited by Simmi, Oct 21 2008, 07:40 PM.
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Rick
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Dreamlander

Funny that TV Guide's new article proves Zucker to be an idiot.

"As money gets tight, people are more likely to stay home and watch TV. Historically, People flock to entertainment, It will probably be good for us"

Also says that the networks may not cancel new shows or low rated shows because they would have to give advertisers their money back for add spaace.

Full article is posted in the Primetime lounge

http://s7.zetaboards.com/DaytimeRoyalty/topic/8029454/1/
Edited by Rick, Oct 22 2008, 02:16 AM.
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