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Kagan: TV Ad Revs Less In 2013, Than 2006
MediaPost - "Although the advertising share of revenues from digital and retransmission fees will grow in the coming years, overall ad dollars for TV stations will still be $3 billion less in three years than in 2006." »more
Magazines Slow Their Losses at Newsstand
Ad Age - "Consumers continued to cut back on purchases at magazine newsstands in the second half of last year, but publishers managed to slow the rate of attrition, according to the semi-annual circulation report released today by the Audit Bureau of Circulations." »more
In Secret, Nations Work Toward Crackdown on Piracy
New York Times - "Behind a veil of secrecy, the United States, the European Union, Japan and other countries are forging ahead with plans to coordinate an international crackdown on illegally copied music, movies, designer bags and other goods that change hands in sidewalk souks and Internet bazaars." »more
Amazon reshelves Macmillan titles but not e-books
Reuters - "Online retailer Amazon.com Inc resumed selling hardcover and paperback books from Macmillan Publishers late on Friday in a sign the two companies are getting closer to resolving a pricing dispute over Macmillan's electronic books, which remain unavailable on Amazon." »more
Loopt Launches Local Advertising
MediaPost - "Competition is heating up in the social location space, with companies like Yelp, Gowalla and Foursquare recently raising fresh capital and adding new features and partners." »more
Apple Already Talking About Cutting Prices On The iPad
Business Insider - "Apple will cut the price of the iPad if sales aren't as robust as anticipated, company execs told Credit Suisse analyst Bill Shope." »more
Are the Olympics Worth It?
Broadcasting & Cable - "NBC Universal says it will drop $250 million on the Vancouver Games, but suitors for the next round of Olympic rights are already lining up." »more
Online Video One Step Closer to TV-Sized Ad Loads
Ad Age - "In the short history of online TV-watching, one standard has largely held fast: Shows that run online have significantly fewer ads than shows that run on the boob tube. But that could soon change." »more
Kindle Books in Snack Sizes
New York Times - "The FT Press, a unit of Pearson, has introduced two series of short, digital-only titles for professionals who want quick snippets of advice for $2.99 or less." »more
MediaNews to Adopt Web Fee Model Similar to NY Times
Bloomberg - "MediaNews Group Inc. will start charging a fee for some articles on two of its newspapers' Web sites in May, adopting a pay system similar to that announced by the New York Times last month." »more
iPad hype drives away consumers, survey says
Computerworld - "When the over-the-top hype met the reality of Apple's iPad, a majority of consumers decided they didn't need, and wouldn't buy, the new device, according to a survey published today." »more
Pay-for-Inquiry Ad Model Gains Modest Traction at Newspapers
Ad Age - "Newspapers' resistance to pay-per-inquiry advertising may be beginning to crack a little for an industry beset by recession, digital competition and other changes." »more
Borrell Reboots Political Spending Forecast Upward
Mediaweek - "Based on January's Supreme Court ruling, Borrell Associates has added more than $400 million to its political advertising forecast, putting the new total for 2010 at $4.2 billion this year." »more
Free video site Hulu explores premium pricing
USA Today - "Less than two years ago, Hulu.com launched with a novel online strategy. Instead of just short video clips, it offered full TV shows and movies." »more
iPad changes the story for newspaper-subsidized e-readers
Editors Weblog - "The launch of Apple's iPad has garnered much optimism in the newspaper industry, driving hopes that the innovative tablet computer will be able to breathe some new life into a battered industry." »more
Many Magazines That Cut Subscription Prices Lose Subscribers Anyway
Ad Age - "Magazines that cut their subscription prices to lower and lower levels may be hurting themselves in more ways than we knew. " »more
Axel Springer Adds Paywalls To Two Major Newspaper Sites
paidContent - "More European newspapers are joining the paid content club: Axel Springer has put up online paywalls for two of its German newspapers, the Berliner Morgenpost and the Hamburger Abendblatt. This follows reports of French paper Le Figaro readying a paywall this month, and ahead of a planned paywall from Times Online, expected this spring." »more
CEOs defend Comcast-NBC Universal deal
Chicago Tribune - "Congress on Thursday began evaluating fears that the proposed combination of cable television giant Comcast Corp. and NBC Universal would further concentrate the nation's media outlets into the hands of a few, and create a corporate colossus that critics contend could crush small competitors and Internet entrepreneurs, while also leading to higher cable bills." »more
Could cable lose its grip on TV business?
CNET - "Cable companies may be raking in profits as they add more broadband subscribers, but price-sensitive consumers may only be a discount away from ditching them." »more
Bankrupt Window Media Gay Newspapers Could Sell for Just $26,200
Editor & Publisher - "Before it collapsed in November under the weight of $11 million in debt, Window Media aspired to be the first national chain of gay-oriented newspapers. Now it appears its assets - including such well-known papers as the Washington Blade and Southern Voice in Atlanta - could be sold for as little as $26,200 in a bankruptcy auction later this month." »more
Facebook's New Role: News Site
paidContent - "Facebook, the news site? Hitwise runs the numbers and determines that the social network is now the fourth biggest source of visits to news and media sites, after Google, Yahoo and MSN, accounting for 3.52 percent of all 'upstream visits.'" »more
AOL Content Chief Wilson to Leave Company, Making Way for Eun
Bloomberg - "AOL Inc.'s Bill Wilson is leaving as chief of content production after nine years with the Internet company and will be succeeded by David Eun, a veteran of Google Inc. and Time Warner Inc. " »more
Magazine Marketing Pact to Roll Out in April
Mediaweek - "The five rival publishing companies that are collaborating on a magazine marketing campaign plan to announce details of the campaign in March and break it in April in the pages of their magazines." »more
Hachette Joins Apple's Anti-Amazon Book Club
All Things Digital - "Here's another publisher publicly throwing its weight behind Apple–and against Amazon–in the e-book pricing war. Hachette Book Group says it will pursue the 'agency model' for pricing e-books: It sets the retail prices and the retailer gets a 30 percent cut." »more
DOJ: Google Books Deal Still Raises Antitrust Issues
MediaPost - "Hollywood film studios on Thursday lost a landmark court bid to hold an Australian Internet provider responsible for illegal movie downloads by its customers, in a serious blow to their fight against piracy." »more
Hollywood loses key battle over illegal downloads
AFP - "Hollywood film studios on Thursday lost a landmark court bid to hold an Australian Internet provider responsible for illegal movie downloads by its customers, in a serious blow to their fight against piracy." »more
Movie Gallery files bankruptcy protection again
USA Today - "Movie Gallery, owner of the Hollywood Video movie rental chain, has filed for Chapter 11 bankruptcy protection and plans to close 805 stores - about a third of its total." »more
Do We Watch the Web the Same Way We Watch TV? Not Really
Nielsen - "Americans are watching network TV content online mostly to catch up with programming, not as a replacement for standard TV viewing." »more
Pew: Social Media and Young Adults
Pew - "Two Pew Internet Project surveys of teens and adults reveal a decline in blogging among teens and young adults and a modest rise among adults 30 and older. Even as blogging declines among those under 30, wireless connectivity continues to rise in this age group, as does social network use." »more
Radio Poised for First Quarterly Rebound in Three Years
Ad Age - "Early indications suggest that radio's turnaround may finally be here. Double-digit increases in national and local spot buys among top marketing categories such as entertainment, financial services and automotive, as well as new spending from political and hospitality marketers, have put radio on track to finally post a quarterly gain again." »more
Online news is an inferior good among users, research shows
AEJMC - "Rising income predicts a decline in online news use so well that it may exemplify what economists call 'inferior goods,' reports a study recently published in Journalism and Mass Communication Quarterly. Overall, the study suggests online news is perceived as 'inferior goods' because online news use decreases as income increases." »more
Free London Evening Standard readership soars to 1.37 million
guardian.co.uk - "The London Evening Standard's readership has leapt to 1.37 million in the last three months of 2009, up from from 556,000 from April to September. The readership figures follow the paper going free on 12 October and boosting its distribution to 600,000 copies." »more
Yahoo Will Sell HotJobs to Monster for $225 Million
BusinessWeek - "Yahoo! Inc. plans to sell its HotJobs employment Web site to Monster Worldwide Inc. for $225 million in cash as the company focuses on its traditional properties, including the home page." »more
Global video game sales fell 7 percent in 2009
CNET - "Video game software sales across the world's three largest markets - the United States, Japan, and the United Kingdom - fell 8 percent in 2009, according to a joint report issued Wednesday by a consortium of industry analyst firms. The UK led the way with a 14 percent plunge." »more
Time Warner Posts Profit on 2008 Write-Down, Raises Dividend
Wall Street Journal - "Time Warner Inc. swung to a fourth-quarter profit, beating analysts' forecasts, as the company saw strength from its film and networks businesses." »more
News Right Now Drives Newspaper Readers to Web
MediaPost - "The Outsell third annual News Users' research predicts continued steep drops in US newspapers' print circulation as consumers continue to gravitate toward the Internet for news." »more
Music's lost decade: Sales cut in half
CNNMoney - "If you watched the Grammy Awards Sunday night, it would appear all is well in the recording industry. But at the end of last year, the music business was worth half of what it was ten years ago and the decline doesn't look like it will be slowing anytime soon." »more
Comcast Beats on Profit After Gaining New Subscribers
Bloomberg - "Comcast Corp., the largest U.S. cable company, reported fourth-quarter profit and sales that beat analysts' estimates, bolstered by customer additions and capital-spending cuts." »more
Newly Independent AOL Posts 4Q Profit
ABC News - "AOL Inc., newly released from its fizzled marriage with Time Warner Inc., reported a profit for the fourth quarter on Wednesday, reversing a year-ago loss brought on by huge accounting charges even as revenue fell." »more
CBS News staffers fret that layoffs will hamper newsgathering
LA Times - "A round of layoffs at CBS News resulted in substantial cuts this week in Washington, Los Angeles and London, leaving staffers morose about their thinning ranks, which they warned would limit the network’s newsgathering ability." »more
Italy Plans to Extend TV Rules to Web Videos
Wall Street Journal - "Italy's government is forging ahead with plans to extend television-broadcasting regulations to Web sites that host videos, marking one of the most sweeping attempts by a Western government to tighten control over the use of video on the Internet." »more
News Corp. revenue up 10%, Fox operating income nearly triples
LA Times - "Thanks to Fox News, strong DVD sales and a better performance from television stations, News Corp. reported a 10% jump in fiscal second-quarter revenue to $8.7 billion and big jumps in operating income at its movie and television studio and cable television group." »more
NBC Affils Seek Clear, Enforceable Conditions On Comcast/NBCU
Broadcasting & Cable - "NBC affiliates say they are cautiously optimistic that the merger of Comcast and NBCU can 'strengthen and extend' their ability to serve up free services to the public, but not without clear and enforceable conditions that define and enforce Comcast's stated commitment to them." »more
NAA, Nielsen: Newspaper Sites Get 5.5% Rise In '09 Visitors
MediaPost - "Newspaper Web sites attracted an average monthly audience of 72 million unique visitors in the fourth quarter of 2009, representing 37% of all American Internet users, according to a new custom analysis by Nielsen Online for the Newspaper Association of America." »more
Next threat to Amazon's $9.99 books? Rupert Murdoch
Reuters - "News Corp Chief Rupert Murdoch, who oversees a media empire than includes HarperCollins books, home to authors like Michael Crichton and Janet Evanovich, made clear on Tuesday his displeasure with the low price Amazon.com Inc has set for electronic books." »more
Fox, ESPN to Bid on Olympics Rights as NBC Faces Loss
Bloomberg - "News Corp.'s Fox and Walt Disney Co.'s ESPN plan to bid for U.S. rights to televise the 2014 and 2016 Olympics, challenging NBC, which said it would lose money on this month’s Winter Games." »more
Pushing to Bring TV to the Internet
Wall Street Journal - "A small start-up is trying to do what many in Hollywood and Silicon Valley have so far been unable to do: take Internet video from its YouTube origins to a full-fledged television service with dozens of channels." »more
Some News Outlets Ready to Try Charging Online Readers
New York Times - "A new Steven Brill endeavor enables news outlets to charge their online readers. The tattered news industry may be ready to give it a whirl." »more
Magazines' Newsstand Recession May Be Lightening Up
Ad Age - "Magazines' newsstand recession certainly isn't over - but it seems to be lightening up. Many magazine publishers now reporting circulation figures for the second half of last year are again posting declines, but in most cases those declines aren't nearly as steep as the plunges that came before." »more
Sony Pictures to cut 450 workers as DVD sales decline
LA Times - "Sony Pictures Entertainment is laying off 450 people, more than 6.5% of its workforce, as part of a studio-wide belt-tightening blamed on the growth of piracy and changing media consumption patterns, particularly the ongoing downturn in DVD sales." »more
Newspaper Web Site Traffic Slipped in Q4
Editor & Publisher - "Newspaper Web site traffic is falling month-over-month, according to new figures provided by the Newspaper Association of America. The number of unique users declined when comparing October (73.2 million uniques) to November (72.3 million uniques) to December (70.3 million uniques)." »more
Unsecured creditors seek to challenge Tribune Co. buyout
Chicago Tribune - "The unsecured creditors in Tribune Co.'s Chapter 11 bankruptcy case sought permission Monday to officially challenge the legality of Sam Zell's 2007 leveraged buyout of the company, turning up the heat to either settle the case or pitch it into extended litigation." »more
Leaked 'Lost' episode spurs surprising fan reaction
Reuters - "The first hour of the final season of ABC's 'Lost' has leaked online, and the reaction is not what industry insiders expected." »more
For Some Consumers, Online Video Ads Still Grate
Ad Age - "The dominant form of online video advertising - the pre-roll ad - is still an unwelcome sight for a broad cross-section of consumers, according to online analytics firm TubeMogul." »more
YouTube's Take From Movie Rentals: $10,709.16
New York Times - "By the measures of the movie rental market, YouTube's first foray into the business of charging users to stream full length feature films was hardly a runaway success." »more
Macmillan's Amazon Beatdown Proves Content Is King
Wired - "Amazon may have created the market for online book sales and fueled the growth of e-books with its Kindle device. But to the publisher Macmillan, Amazon is just another retailer who wants to resell Macmillans books." »more
Comcast denies that NBC Universal deal would hurt competition
LA Times - "Cable giant Comcast Corp., in a filing with the Federal Communications Commission seeking regulatory approval of its $30-billion deal to take control of General Electric's NBC Universal, said it didn't expect the transaction to significantly change the media landscape." »more
NBC Expands Research Into Massive Olympics Audience
Ad Age - "NBC Universal likely won't turn a profit off its broadcast of the Winter Olympics this year, but it hopes the research it performs on the event's massive audience might generate additional ad revenue in the days and months after the last gold-medal hockey skate has left the ice." »more
Amazon blows by estimates, sees strong first quarter
Reuters - "Amazon.com Inc blew past analysts' profit estimates in its closely watched holiday quarter and forecast revenue for early 2010 that topped already-high Wall Street expectations." »more
Newsday says pay model is working
Crain's New York - "Newsday is striking back after reports earlier this week poked fun at the small number of paying subscribers that Newsday.com has attracted since the site put up a pay wall three months ago." »more
The Lessons of Lady Gaga
Wall Street Journal - "Underneath Lady Gaga's haystack wigs is a case study of what it takes to succeed in the music business today. Gaga, 23 years old, has made shrewd use of new digital platforms, while still leveraging the clout of a major label, an institution deemed obsolete by many proponents of DIY culture." »more
Indie-Film Pioneer Miramax Closed
LA Weekly - "Miramax Films, the studio that made indie films the darling of Hollywood in the 1990s, closed down Thursday. About 80 people were expected to lose jobs at the Burbank-based subsidiary of the Walt Disney Company." »more
Study: TV Beats Radio, Web For Ad Recall
MediaPost - "Canada's equivalent to the Television Bureau of Advertising released data Thursday from a biometric study showing that TV is notably more effective in prompting ad recall than radio or online ads." »more
Google Exec: We're Here to Help Newspapers
Ad Age - "Devices like Apple's iPad may help newspapers and traditional publishers, but only significant evolution will save them, Google's chief economist, Hal Varian, said in a talk with journalism students at UC Berkeley." »more
U.S. Advertising to Increase 3.5% This Year, Barclays Estimates
Bloomberg - "U.S. advertising sales may increase 3.5 percent this year as companies boost their national marketing spending, according to Barclays Capital." »more
Wall Street Gets It: It's Way Too Early to Vote on the iPad
All Things Digital - "Wall Street had the right idea yesterday. At least when it came to the iPad: Investors watched the unveiling, shrugged their shoulders, and left Apple shares more or less unchanged." »more
Media General posts 4Q profit on cost cutting
SFGate - "Newspaper publisher and TV station owner Media General Inc. said Thursday that cost cutting helped it turn a profit for the fourth quarter despite falling ad revenue." »more
Books on iPad Offer Publishers a Pricing Edge
New York Times - "With a few notable exceptions, the print world welcomed Apple’s new iPad on Wednesday, eager to tap into the 125 million customers who already have iTunes accounts and are predisposed to buying more content from Apple." »more
Centuries-Old Bailout of Newspapers is Going Away, Report Warns
Editor & Publisher - "While newspapers in the Great Recession have stoutly resisted proposals for government bailouts of their business, the fact is that federal and state governments have subsidized newspapers and other mass media since virtually the founding of the Republic, a study released Thursday argues." »more
Netflix sees more studios holding back new releases, adds more than 1 million subscribers
LA Times - "The recession has been good to Netflix. The DVD-by-mail giant finished off a strong 2009 with a bang, adding more than 1 million subscribers during the final three months of the year and boosting revenue by 24% from the same quarter a year ago." »more
Boomers Log Some Serious TV Time
Adweek - "Boomers' media usage patterns are similar to most Americans in one respect: TV dominates. In each month of Q3 2009, Americans watched an average of 129 hours of TV compared with 27 hours spent on the Internet, according to Nielsen's latest A2/M2 Three-Screen Report." »more
Maybe Information Really Doesn't Want to Be Free
InternetNews.com - "Could the era of ubiquitous free content be ending? Ask New Yorker media columnist Ken Auletta and he'll tell you it just might be. And not just because traditional media companies find themselves desperate for a new source of revenue in the digital age, but because the company that has arguably done more than any other to promote the ethos of free content has come around on the issue." »more
Apple Reveals the iPad Tablet
New York Times - "After months of wild speculation, Steven P. Jobs has finally given Apple fans exactly what they have been asking for — a new iPhone-like tablet computer called the iPad for $499." »more
Facebook may 'lock in' its Internet dominance
Reuters - "College senior Alyssa Ravasio gave up MySpace on the day she got a Facebook account and never looked back. She has already lost interest in Twitter. But how does Facebook know it can keep her loyalty?" »more
McClatchy CEO: 'Some Evidence' Classified Ads Recovering; Miami Herald Parent Swings to Q4 Profit
Editor & Publisher - "The McClatchy Co. CEO Gary Pruitt said Wednesday there is 'some evidence that classified advertising is recovering' as the nation's third-largest newspaper publisher reported it swung to a profit in the fourth-quarter." »more
Martha Stewart Show Leaves Syndication For Hallmark Channel
Ad Age - "Oprah Winfrey isn't the only media mogul making the move from syndication to cable: Martha Stewart's eponymous daytime talk show will migrate this September to Crown Media's Hallmark Channel after five years in syndication." »more
Apple tablet can't save print on its own: analysts
Reuters - "Publishers have high hopes that Apple Inc's highly anticipated tablet computer will attract new readers and boost revenue, but few expect that it will by itself reverse the fortunes of a beleaguered industry." »more
Newsday up against pay wall pittance
Crain's New York - "Here is one paid model for online journalism that isn't exactly setting the world on fire: Nearly three months after Newsday put its Web site behind a pay wall, Newsday.com has attracted only 35 subscribers." »more
Resignation of the Chief at Borders Adds to Unease About Book Sales
New York Times - "Adding to anxiety among publishers about the health of the book market, the Borders Group announced on Tuesday that Ron Marshall had resigned as chief executive just a year after he took the helm of the country’s second-largest bookstore chain." »more
Yahoo Beats 4Q Expectations, But Revenue Still Down
MediaPost - "Yahoo's revenue declined for the fifth straight quarter, but the fourth-quarter drop of 8% was an improvement over the prior three months as the Web portal benefited from resurgent ad spending." »more
Rupert vs. the World
New York Observer - "The Wall Street Journal is continuing to staff up its new New York edition, and the project increasingly is looking like a direct assault on The New York Times." »more
J.P. Morgan: Q4 Newspapers Results Better than Expected
Editor & Publisher - "Newspaper executives reporting fourth quarter earnings in the coming days are expected to keep that sunny tone they adopted during Mediaweek financial presentations last December, suspect J.P. Morgan equity research analysts in a recently released note." »more
With Apple Tablet, Print Media Hope for a Payday
New York Times - "Apple is expected to market its tablet computer not just as a way to read news and books, but also as a way for companies to charge for content." »more
Internet companies voice alarm over Italian law
Reuters - "Internet companies and civil liberty groups have voiced alarm over a proposed Italian law which would make online service providers responsible for their audiovisual content and copyright infringements by users." »more
McGraw-Hill posts jump in 4Q earnings
Crain's New York - "The McGraw-Hill Co. posted a jump in fourth-quarter profit Tuesday, boosted by cost cutting and higher revenue at its Standard & Poor's and education businesses." »more
Next for MediaNews: Rolling up ailing dailies
Newsosaur - "Ailing newspapers in Detroit, Minneapolis-St. Paul and San Francisco eventually could shrink or shut down after MediaNews Group emerges from bankruptcy." »more
UGA researchers find e-readers fall short as news delivery tool
University of Georgia - "Portable e-readers such as the Kindle are unlikely to win readers back to the newspaper habit unless they include features such color, photographs and touch screens, according to research conducted at the University of Georgia." »more
Lawyers Challenge Lowered Amount of 'Shocking' File Sharing Award
Wired - "Lawyers for a music file sharer said Monday they would challenge a judge's order reducing from $1.92 million to $54,000 the amount their client, Jammie Thomas-Rasset, must pay the recording industry for copyright infringement of 24 songs." »more
NBC Will Lose $250 Million on Winter Games
Mediaweek - "Despite increasing demand from advertisers, NBC expects to lose a quarter of a billion dollars with its presentation of the 2010 Winter Olympics." »more
New York Times Creates New Unit Focused on E-Editions
Bloomberg - "New York Times Co. will create a business unit to focus on generating profits from electronic editions, including versions of its newspapers for Amazon.com Inc.'s Kindle, according to an internal memo today." »more
Forrester: Television Ads To Grow 4%
MediaPost - "Forrester Research says the TV advertising business will gain slightly in 2010 - moving in line with slight improvements in the economy." »more
End of the world as we know it
Australian - "We in newspapers are supposedly the last refugees of the editorial empire, for this is the end of empire - we 'old media' types are meant to retreat passively to pasture, making way for a new generation of internet interlopers, whose digital savvy is more important than journalistic integrity, and whose disdain for traditional journalism is only matched by their passion for co-opting our content." »more
Led by Facebook, Twitter, Global Time Spent on Social Media Sites up 82% Year over Year
Nielsen - "According to The Nielsen Company, global consumers spent more than five and half hours on social networking sites like Facebook and Twitter in December 2009, an 82% increase from the same time last year when users were spending just over three hours on social networking sites." »more
S&P: Newspaper Industry Nearing the Bottom in 2010, Will Likely Stay There
Editor & Publisher - "The financial outlook for Q4 of 2009 and beyond is not looking so sharp as traditional media - especially newspapers - are expected to suffer from an economic downturn despite easing comparisons." »more
DOJ Requires Concessions in Ticketmaster-Live Nation Deal
Wall Street Journal - "After nearly a year of review, the Justice Department on Monday set the conditions under which it will permit concert promoter Live Nation Inc. to merge with ticket-selling and artist-management powerhouse Ticketmaster Entertainment Inc., in a deal that could reshape the music industry." »more
CBS, other broadcasters will benefit from Supreme Court ruling on political ads
LA Times - "Corporate America wasn't the only one cheering the Supreme Court decision last week to toss out a rule that barred corporations from using their own money to pay for political spots. Big media also has reason to break out the bubbly." »more
Hungry for New Content, Google Tries to Grow Its Own in Africa
New York Times - "Search engines no longer lack the sophistication to find new information, the company says. It’s just that there is less new information to be found." »more
Conde Nast's Culture Shift
Mediaweek - "After a brutal year, Condé Nast is trying to fire up new sources of revenue, from iPhone apps to licensing its storied magazine brand names. The company has historically avoided aggressively licensing its products, but ad revenue concerns have opened minds." »more
HP to launch music service in Europe
Reuters - "Hewlett-Packard, the world's biggest maker of PCs, will launch a digital music service across key European markets on Monday, hoping to benefit from consumers' rising appetite for new types of music download services." »more
Google shows renewed vigor with robust 4Q results
BusinessWeek - "Google Inc. appears to have regained its financial stride after wobbling through most of 2009. The Internet search leader strutted its stuff in the fourth quarter, producing a profit that blew past analyst estimates while revenue growth accelerated from a leisurely stroll to a quickening gallop." »more
Pope Urges Priests to Use Digital Tools
Wall Street Journal - "In a world wrapped up around technology, priests and church figures should make better use of the gamut of digital tools available to them to disseminate the church’s message to the people, Pope Benedict XVI said on Sunday, during the 44th annual World Communications Day." »more
comScore: Facebook Numbers Up Across The Board
MediaPost - "It's no secret that Facebook continued to grow at a breakneck pace last year, with active users more than doubling from 150 million to a staggering 350 million worldwide." »more
Air America to close, files for bankruptcy
Reuters - "Air America, a politically liberal talk-radio network, said on Thursday it would cease operations and file for Chapter 7 bankruptcy protection to begin an orderly wind down of its business." »more
Viacom Chief Says Ad Market Improved Last Quarter
Bloomberg - "Viacom Inc. Chief Executive Officer Philippe Dauman said advertising prices improved last quarter and the trend may help advanced sales for the next television season." »more
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