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Jon Stewart Building Empire among Young Demo

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Jon Stewart of Comedy Central’s The Daily Show has become an opinion-shaper, especially among the hard-to-capture younger generation, New York Business writes. “He is as important in shaping opinions today as Walter Cronkite was in the ’70s and Huntley and Brinkley were in the ’50s and ’60’s,” Seth Siegel, co-founder of branding consulting firm The Beanstalk Group, is quoted as saying. “There’s no other journalist today, real or fake, who is more significant for people 18 to 25.”

The Daily Show is up 20 percent from last year, to 1.4 million viewers, according to Nielsen Media Research. And ad revenue for the show is up 100 percent through August, to $41 million, based on figures from TNS Media Intelligence.

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Wachovia Revises Radio Prediction Downward, Expects Drop of 13%

Wachovia analyst Marci Ryvicker revised her 2009 radio revenue prediction downward significantly, from a drop of 8% to a drop of 13%.

Even that may be too optimistic, Ryvicker warned, saying there will be no recovery until the economy and/or credit…

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Conflicting Bus Campaigns Argue Question of God

Angered by a London bus advertisement that sent her to a website where she was told that she was going to hell, to spend all eternity in torment, comedy writer Ariane Sherine decided to launch a counter-campaign.

She began raising…

Television read more like this »

Time Warner: Economy Hurt Advertising Biz More than Expected

Time Warner said today that the economy has been more challenging in terms of its advertising business than it had expected, particularly at AOL and the Time Inc. publishing units.

The company said it will post a net operating loss…

Direct read more like this »

Kroger Targets Coupons with Customer-Loyalty Data

Even through a recession U.S. consumers redeem just 1%-3% of paper coupons, but up to half of the coupons that Kroger sends to its customers are redeemed - because it uses a data-mining firm it part-owns to target specific customers.

Kroger,…

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