Monday, 13 October 2008

How Are Media Stocks Doing? (Last Friday from Fishbowl)




This from Fishbowl last Friday - more drip feed, anti-MSM, print is dead Chinese water torture on the world's young and impressionable media buyers and planners,
NYT stock is currently at, let me see......




For Q1 and Q2 2008 the total revenues for the New York Times Media Group, which includes the IHT, were down 2.8% and 4.4% respectively versus 2007.



We sporadically examine media stocks because it's depressing but gives us an excuse to run the fun Monopoly guy image.
So, with the
financial crisis upon us and all, how are they doing? Not well, according to our quick and totally incomplete survey.
News Corp: -0.56






McClatchy Newspapers Inc: -0.18(Bright spot!)


The New York Times: -0.04
The list goes on. Maybe there's a TV in the bar we can watch.


(Also, over at
TechCrunch, Erick Schonfeld writes how many Google employees are now holding worthless stock in the company.)





READ AN ALTERNATIVE IHT DAILY NARRATIVE AT
A PLACE IN THE AUVERGNE



International Herald Tribune
IHT
New York Times
NYT



Vacation /Business Trip Furnished Apartment in Paris

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