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Media In Recession: Broadcast Stumbles, Cable Capitalizes On Interactive Platforms
Submitted by Benton Foundation on November 19, 2008 - 10:01pm
Last updated: November 19, 2008 - 10:01pm
Last updated: November 19, 2008 - 10:01pm
Source: MediaPost
Author: Erik Sass
MEDIA IN RECESSION: BROADCAST STUMBLES, CABLE CAPITALIZES ON INTERACTIVE PLATFORMS
Now that the predicted recession is a reality, it seems clear that an array of traditional media, magazines, newspapers and radio are taking hits in ad revenue and profitability. Based on past recessions, it seems likely that broadcast will also suffer major losses. But cable TV could benefit or bust during the downturn, depending on cable companies' strategy for large-scale interactive advertising.
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