Buh Bye!
Posted on 05/07/2010 6:39:12 AM PDT by abb
With the Washington Post Co. (NYSE: WPO) already considering the sale of Newsweek, the first quarter results surely cemented it. While other magazines were showing signs of life, Newsweek continued its steep decline, with revenue dropping 36 percent to $29.4 million driven by a 38 percent loss in ad revenue. By comparison, the Washington Post showed an 8 percent decrease in print ad rev in Q1—and an 8 percent increase for digital revenue. (our coverage.)
Still, by reducing expenses, the company managed to narrow Newsweek‘s losses to $2.3 million for Q1, compared with $20.3 million in Q109. The ‘09 quarter included $6.6 million in severance and operating losses for now-sold Newsweek Budget Travel. A number of factors contributed to the Q1 ad revenue decrease including one less domestic edition in the quarter and the Q4 sale of the travel mag. Subscribers may be paying higher rates but the 1.1 million-issue circulation reduction led to a drop in sub revenue.
ping
Hoffman: “ Newsweek sucks “
The New York Times, Newsweek, Time Magazinw et al all roe the party line and when I say the party line I am not referring to the democratic party but the communist party which these days means the same thing.
Eleanor Clift alone would be enough to make me drive a semi filled with TNT over a cliff if I could take her with me. I hope she loses her pension.
Very good news.
That should entice a buyer.... not
Die, you gravy-sucking pig!
Buh Bye!
http://www.cjr.org/behind_the_news/newsweeks_woes_way_back_when.php
Newsweek’s Woes, Way Back When
http://www.nypost.com/p/news/business/slim_has_his_pickings_tzgKXf0vAzLhCckjakF6QI
Slim has his pickings
Billionaire lifts NY Times stake, eyes Newsweek
http://www.observer.com/2010/media/meacham-backlash-emerges
The Meacham Backlash Emerges
Goodbye Newswipe, you were consistently the slimiest of the slime. Your Newsweak polls were always the most incorrect in your favoritism of the dimbulbs. You never missed an opportunity to be a hack for the libs.
The very media who will tell you how great obama’s economy is doing.
The only racism I am for is the racism against commie pig dogs like our president, most of his cabinet, most of his czars, and most of his administration along with many democratic members of Congress.
If the socialists running Newsweek had any business sense, they wouldn’t pretend that their far-left entertainment journal is actually a news journal. Of course, if they had any business sense, they wouldn’t be socialists.
With what is happening on Wall Street right now is deserved because many of those business bastards are in bed with Obummer and his administration, got him elected, financed his campaign and are continuing to bow low to him just as he bows low to foreign dictators and enemies of our country.
Gosh. I knew I'd forgotten to do something. I forgot to mail in my special bargain-rate offer of 3 years of Newsweek for just $12. When I mail it in, that'll bring their revenue back up to break-even. Sorry, Newsweak; I got your fat-finger error right here.
Die, Newsweek, die (you commie rag you)!
Just seems to make more sense that way.
http://www.bloomberg.com/apps/news?pid=20601204&sid=aoltvfivvYSc
Cable Operator Stocks Plunge as FCC Goes ‘Nuclear’
http://www.chron.com/disp/story.mpl/business/6993893.html
Hearst’s daily newspapers in Texas form business
http://preview.bloomberg.com/news/2010-05-07/blockbuster-senior-bondholders-are-betting-company-will-go-out-of-business.html
Blockbuster Bondholders Bet Company Will Go Out of Business
Can’t believe revenue only dropped 36 percent, bad and biased as this rag is.
We already have 24/7 liberal news anywhere and everywhere. Why did they think that format would succeed?
Was Newsweak ever a decent magazine?
I think so, but that would have been so many years ago, I couldn't put my finger on when that was...
http://www.marketwatch.com/story/washington-post-earnings-show-pockets-of-strength-2010-05-07?siteid=nbih
Post’s Newsweek news should send tremors
BAILOUT!
http://blogs.forbes.com/billions/2010/05/07/carlos-slim-denies-rumors/
Carlos Slim Denies NYT, Newsweek Rumors
http://www.reuters.com/article/idUSN0719104520100507
Mexican tycoon Slim not doubling NY Times stake -aide
http://www.hillmanfoundation.org/blog/newsweek-sale
A Magazine That Mattered
http://trueslant.com/michaelhastings/2010/05/07/newsweek-what-went-wrong/
Newsweek: What Went Wrong
http://www.nydailynews.com/entertainment/tv/2010/05/07/2010-05-07_cnns_new_angle_can_be_dizzying.html
CNN’s new angle can be dizzying
http://www.mediapost.com/publications/?fa=Articles.showArticle&art_aid=127683
FCC Chair Cites ‘Third Way’ For Neutrality
http://www.medialifemagazine.com/artman2/publish/New_media_23/FCC-We-re-going-to-regulate-the-web.asp
FCC: We’re going to regulate the web
http://www.broadcastingcable.com/article/452350-Title_II_Industry_Comes_Out_Swinging.php
Title II: Industry Comes Out Swinging
Genachowski’s proposal generates negative response from cable, phone networks
I think it was back in the late 1960’s....my step-Dad, (at the time) a John Bircher subscribed to it....
The newsweak spin is that they are the material of choice for DECISION MAKERS. (!)
A great news weekly magazine down the tubes due to Leftist infiltration. Oh well. Let a conservative weekly news mag replace it.
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