Quarterly Reports Make Sobering Reading

[Commentary] With economic hard times, broadcast groups are reporting disappointing first quarters almost across the board. And while there's still the expectation that the political ad bonanza will arrive later this year, broadcasters need to make good on their promises of new revenue streams if they hope to convince investors of their future.
http://www.tvnewsday.com/articles/2008/05/09/daily.14/