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Carat Publicly Endorses C3; Accreditation Delayed until Jan.

Media agency Carat today issued an official paper explaining why the C3 ratings are the best ratings currently available for use as currency in TV buying and selling. At the same time, it has come to light that an industry audit of Nielsen’s commercial minute ratings will not be completed until January - five months after the audit was expected to be completed.

Carat’s senior vp and director of programming Shari Anne Brill wrote in the position paper that, while Nielsen’s C3 ratings are not pure commercial ratings - because they are an average of all commercial minutes within a show and because they contain some seconds of program ratings mixed in - they are currently the best option available, writes Mediaweek.

The metric gives the TV networks credit for both live and time-shifted viewing, something which the networks were fighting for, yet it also “holds the networks accountable for prior malfeasance in formatting commercials, particularly outside of network prime time,” she wrote. She pointed to the Late Show with David Letterman and Jimmy Kimmel Live as two shows that were guilty of commercial placement no-nos that hindered optimum viewing of the commercials.

Meanwhile, at a TV industry research meeting at the Advertising Research Foundation’s offices in New York on Thursday, a representative of the Media Rating Council said that audits of the TV ratings and commercial monitoring data that Nielsen is using to come up with the C3 ratings will not be completed until the new year, writes MediaPost. The MRC said the postponement was due to delays caused by Nielsen.

During the same meeting, several cable network executives said that they routinely find errors in Nielsen’s logs. One third-party processor of Nielsen’s data which services the cable TV industry said that 30 percent of the data files his firm receives from Nielsen is ratings data that has been corrected.

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Ad Industry Declines Mirror 2001 Recession: Goldman Sachs

All sectors of the media business will suffer from the weakened economy in 2008 and 2009, with a slump in local advertising particularly hurting newspapers and local TV, according to a new projection from Goldman Sachs.

Broadcast nets will experience…

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NY Times Shuts ‘International Herald Tribune’ Site Down

The New York Times is shuttering its International Herald Tribune site; NYTimes.com will soon host the international news normally reserved for its sister website.

The move is not about cost savings, but rather about growth, NYTimes.com general manager Vivian Schiller…

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Vaseline Tracks Actual Buzz about New Lotion in Small Alaska Town

Unilever’s Vaseline set forth on an unusual research project in a small town in Alaska. Setting up a storefront, the company began giving away free bottles of lotion and asking recipients to name the person who had recommended they come…

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‘Meet the Press,’ Minus Russert, Suffers Slow Slide

Meet the Press, the show hosted by Tim Russert for 17 years before his death last June, is beginning to slip in ratings.

Last month, CBS’s Face the Nation pulled ahead of Meet the Press for the first time in two…

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Blogging Hits Mainstream, Integral to Media Ecosystem

Bloggers collectively create nearly one million blog posts each day, and half of bloggers believe blogs will be a primary source of news and entertainment in the next five years, according to Technorati’s 2008 State of the Blogosphere Report, MarketingCharts writes.…

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Discount Retailers Report Mixed September Results

Wal-Mart and Costco reported same-store gains in September, with sales rising 2.4% and 9% respectively. Sales at Target stores open at least a year fell 3%, writes Retailer Daily.

Below, fiscal results from the discount retail giants:

Sales of food and…

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