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Despite political ads, TV revenues down in 2008; should be further down in '09

Discussion in 'Journalism topics only' started by 2muchcoffeeman, Aug 29, 2008.

  1. 2muchcoffeeman

    2muchcoffeeman Well-Known Member

    http://www.businessweek.com/magazine/content/08_36/b4098000671635.htm
     
    2muchcoffeeman, Aug 29, 2008
    #1
  2. Frank_Ridgeway

    Frank_Ridgeway Well-Known Member

    Interesting story about Politico:

    So how are they paying for all this? There's the undisclosed start-up nut from Allbritton Communications and the mostly free, 25,000-circulation newspaper in Washington, which--despite the Web site's high profile--accounts for 60% to 70% of revenues, VandeHei says, while not disclosing details. ...


    If all goes well, VandeHei says, the company could start turning a profit next year--with a lot of help from the print edition. The cachet of Internet cool is great, but Politico's business would fail if it were a Web-only company. "We need the newspaper," says VandeHei.

    http://www.forbes.com/business/2008/08/28/dnc-politics-politico-biz-media-cx_ja_cl_0828dnc-politico.html
     
    Frank_Ridgeway, Aug 29, 2008
    #2
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