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| Local Vet TV News Anchors Also Getting Axed; Sounds sort of familiar...No? | |
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| Tweet Topic Started: Nov 30 2008, 11:39 PM (612 Views) | |
| daisysmommy | Nov 30 2008, 11:39 PM Post #1 |
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http://www.nytimes.com/2008/12/01/business/media/01anchor.html?hp I am not smart enough to figure out how the industry EVER recovers from this-- as generations switch to different devices and familiar faces are axed from the scene everywhere... Loyalty and viewership decline, forcing ad rate cuts in an ever maddening spiral of blood, red ink and furious people...This is even more shocking to me than DnD, because local TV news is consumed by older people. That's acknowledged by industry and viewers alike...nobody's falsly pimping at the younger demos in this daypart-- and historically, news has been a SIGNIFICANT profit center at the affiliate and network level. In a way, DnD are lucky-- they can reinvent themselves while their medium and genre become unrecognizable. And btw, if I were Chuck S and Sue S, I would get my finances in order-- I don't care who that reporter quoted. Is advertised TV going the way of all flesh? Or are idiots acting like idiots, selling AAPL stock at $87? Or are the idiots actually smart? And ad-based TV lives 10 years from now? Is nobody acting with composure or long-term consequences anywhere in TV anymore? PS-- I think AAPL is a buy at $92.7 and the idiots are idiots. Because if Corday is a genius, then I am an idiot. I have history on my side. |
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| daisysmommy | Dec 1 2008, 12:03 AM Post #2 |
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You will seek out different venues. [Decline] The sector is already in decline. It was WAY before the bottom fell out of Lehman. You won't necessarily tune into the same station-- you sample more as overall viewership erodes--you lose leadins/outs to and from the program. [So there's the residual impact for those shows too.] And again-- it may be genius to do this now. I'm placing my bets elsewhere... |
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3:59 AM Jul 11