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December 3, 2008News for broadcast and electronic media leaders

  Top Story 
  • U.S. TV news coverage of Mumbai attacks affected by cutbacks
    The lack of original reporting of events in the early part of last week's terrorist attacks in Mumbai was due in part to the downsizing or elimination of foreign bureaus by many U.S. news organization, according to this analysis. "But the slump in TV ad revenue and the dire economic forecast coming after a protracted and expensive election season has meant more painful cuts to network budgets, especially for broadcast news divisions with a finite amount of hours in which to amortize costs," Marisa Guthrie writes. Broadcasting & Cable (12/3) LinkedInFacebookTwitterEmail this Story
 
  Business & Industry Report 
  • NAB to spread DTV message to out-of-home viewers
    The NAB is teaming up with CBS Television Network's Outernet to create 15 30-second spots on the DTV transition that will air on out-of-home video networks, including American Airlines, Gas Station TV and the Healium Network, as well as the CBS network and many of its affiliate stations. TWICE (12/2) LinkedInFacebookTwitterEmail this Story
  • Other News
  Broadcast Programming 
  • Sources: NBC's "Meet the Press" to be helmed by David Gregory
    David Gregory, pending the negotiation of a final deal, reportedly is NBC News' pick to succeed the late Tim Russert as the host of "Meet the Press." The choice of Gregory, which could be announced on Sunday, is seen by some observers as a nod to his potential as an eventual successor to Matt Lauer as a host of the network's "Today" show. NBC has denied that a deal is in place with Gregory, reports of which have surfaced on HuffingtonPost.com and Politico.com., among other Web sites. NYTimes.com (12/2), The Washington Post (12/3) LinkedInFacebookTwitterEmail this Story
  • Talker Bennett sees radio format as showcase for diverse opinions
    Saying there are "few institutions more democratic than talk radio," radio host and pundit Bill Bennett praised the format as a "new electronic pamphleteer" that gives voice to a diverse range of opinions. "Everything Tom Paine did at the time of the revolution is being done by talk radio, left and right and middle, right now," Bennett said during an appearance at Radio Ink's Forecast '09 event in New York. Radio Ink (12/2) LinkedInFacebookTwitterEmail this Story
  Advertising 
  • TNS: Political ads tallied $2.5B to $2.7B
    Between $2.5 billion and $2.7 billion was spent on political ads in the 2008 election cycle, with the bulk of the funds -- $2.2 billion -- used for TV, TNS Media Intelligence is reporting. The tally missed earlier projections of $3 billion, but was much higher than 2004's $1.7 billion spend. TNS also projects the political cycle beginning in 2009 will set another record, with as many as 36 governorships up for grabs in 2010. Broadcasting & Cable (12/2) LinkedInFacebookTwitterEmail this Story
  • Ad execs urge radio to rethink mission for digital age
    Radio, like all traditional media, must recast its brand for the digital age by tailoring content and delivery to match rivals from the Web and other new media, according to a panel of ad-agency executives at Radio Ink's Forecast '09 conference in New York. Radio Ink (12/3) LinkedInFacebookTwitterEmail this Story
  • Report: Radio sales projected to be down 7% for 2008
    Radio, for the second year in a row, is projected to end 2008 with a 7% sales decline for a total of $16.7 billion in revenue, the lowest tally in more than five years, according to BIA Advisory Services. Sales for 2009 could fall 10%, on revenue of about $15 billion, with 2010 estimated to show a 1.5% sales increase. Mediaweek (12/2) LinkedInFacebookTwitterEmail this Story
  Related Industry News 
  • Broadband access shared goal of new group
    A new coalition comprising groups often with disparate goals -- including telecoms, technology firms, consumer organizations and labor unions -- has been formed to advise President-elect Barack Obama on how to provide every American household with high-speed Internet access. "The coalition is a positive in that it demonstrates we agree that we have a broadband problem, which not everyone was willing to admit to two years ago," said Ben Scott, policy director at Free Press and a member of the group. "The key is whether we'll see this group produce policy solutions that will require difficult choices." The Washington Post (12/3) LinkedInFacebookTwitterEmail this Story
  • Other News
  NAB News 
  • 2009 International Broadcasting Excellence Awards Now Open to All Non-U.S. Broadcasters
    Entries are now being accepted for the International Broadcasting Excellence Awards. The awards are bestowed to licensed non-U.S. radio or television stations in recognition of their exceptional leadership in advancing the broadcast industry and the services they provide to their communities and audiences. Winners will be honored at the 2009 NAB Show in Las Vegas. Click here for additional information. LinkedInFacebookTwitterEmail this Story
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  Legislative & Regulatory 
  • Sources: Obama to name Richardson to head Commerce
    Bill Richardson will be President-elect Barack Obama's choice to lead the Commerce Department, transition sources say. The New Mexico governor and former presidential contender will bring considerable executive experience to his new role, owing to previous stints as UN ambassador and energy secretary under President Bill Clinton. The Washington Post (12/3) LinkedInFacebookTwitterEmail this Story
  SmartQuote 
Yosemite Valley, to me, is always a sunrise, a glitter of green and golden wonder in a vast edifice of stone and space."
--Ansel Adams,
American photographer


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