Some 96% of adults age 18-49 with a college degree and an annual household income of $50,000 or above tune into radio over the course of a week, according to preliminary findings from Arbitron’s RADAR 97 June 2008 Radio Listening Estimates.
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As the June 30 expiration date of their current contract looms, Hollywood actors and television producers have still not come to an agreement on a new contract. And though an actors strike, coming so soon after last winter’s writers strike, seems unthinkable, a work stoppage looks increasingly possible.
Search leader Google continued its record growth in market share of searches and is up 5 percent year-over-year in May, accounting for 68 percent of searches in the US and 87 percent of searches in the U.K., according to the latest data from Hitwise, MarketingCharts writes.
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The average number of television channels that each U.S. home receives has reached a record high of 118.6, according to a Nielsen Company report that highlights population, television ownership and advertising trends in the United States, MarketingCharts reports.
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The Orlando Sentinel will be the first Tribune Co. newspaper to unveil its new design, in a move described as “going cartoon” by Alan Mutter in his Reflections of a Newsosaur blog. The Baltimore Sun and the Los Angeles Times will be the next to see major changes in look.
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Radio revenues for May were likely worse than Wall Street predictions. Revenues may have slipped between 5 and 6 percent, according to CL King & Associates analyst Jim Boyle.
Cinema advertising soared in 2007, per the Cinema Advertising Council. Total revenues neared $540 million, up 18.5 percent from 2006.
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Following the sudden death of Meet the Press moderator Tim Russert, names of potential successors have been bandied about, including evening news anchor Brian Williams, correspondents David Gregory and Andrea Mitchell, MSNBC hosts like Chris Matthews, Joe Scarborough and Keith Olberman, and Katie Couric.
Despite intense opposition from the radio industry and consumer groups, FCC chair Kevin Martin is recommending approval of the merger of Sirius and XM Satellite Radio. A final vote needs approval by at least two other commissioners to pass.
