thewrap.com - 19 days ago
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By Josh L. Dickey The message from a flurry of media earnings reports this week: if things are turning around, it's only because there was practically nowhere to go but up.
Earnings from Comcast and News Corp brought some of the first good news for media companies, with the companies reporting 22 percent and 11 percent profit increases, respectively.
But that's mainly because 2008 was so dire.
It looked so bad for media companies in 2008 that even Rupert Murdoch, whose ...
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Hollywood's Recession Is Over, Declares Murdoch
Gawker: defamer —
... the broadcast numbers. The company's dark cloud in the cheer: MySpace, which is failing to meet the deliverables in its deal with Google. "With MySpace, we are in a state of transition," was how NewsCorp's CEO described the once mighty social networking site's search for a new raison d'etre. And you know how those states of transition go online...[Variety]
• Taking those numbers with others from this earnings season, The Wrap is ready to call it a "media rebound." [The Wrap]
• Just when he seemed to be getting a head of steam on a good post-Oscar win bout ...
Hollywood's Recession Is Over, Declares Murdoch [Trade Round-up]
Gawker —
... ] • Taking those numbers with others from this earnings season, The Wrap is ready to call it a "media rebound." [ The Wrap ] • Just when he seemed to be getting a head of steam on a good post-Oscar win bout of paralysis and indecision, one of Hollywood's finest traditions, director ...
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