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Trading > 247Wallst

Media Slowdown Catches Up With Time Warner (TWX)

247Wallst | Wed, 04/29/2009 - 3:25pm | advertising dollars slipping, media recession, Time Warner, TWX |  2 comments

The advertising recession caught up with Time Warner (TWX) in the first quarter. Revenues declined 7% from 2008 to $6.9 billion, due mainly to decreases at the AOL, Publishing and Filmed Entertainment segments, offset partially by an increase at the Networks segment. The company’s net income ... Read more

Trading > 247Wallst

False Hopes For Internet Profits (IACI)(GOOG)(TWX)(NYT)(DIS)

247Wallst | Wed, 02/04/2009 - 5:23pm | DIS, GOOG, IACI, internet markets, NYT, online ad revenue, online advertising, online profits, TWX, website profits |  1 comment

Barry Diller, who has been in the media industry as long as almost any man alive, said the online display advertising at his company, IACI (IACI), might be down as much as 50% this month. Disney (DIS) reported that its interactive business lost money in the final quarter of last year. ... Read t ... Read more