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A Mixed Bag From the New York Times: Q2 Costs Got Better, Ads Got Worse, and Web Dollars Disappeared | Peter Kafka | MediaMemo | AllThingsD
We saw a mini-rally in newspaper shares yesterday, based on the notion that the worst may be over for the industry. But the New York Times' Q2 results are pretty inconclusive: The publisher was able to take a big chunk out of costs, but revenues kept on plunging, and Web ads dropped by more than 15%. The paper did say, though that things got less bad as the quarter progressed, and that they'll get slightly less bad next quarter, too.
How the $0 Netbook Might Just Help Save the Media Industry - Advertising Age - The Media Guy
Here's why I'm suddenly hopeful about the media industry: Because the tech industry is screwed too.
Muck Rack, home of 140-character dispatches from the field, gets useful
Muck Rack, which aggregates tweets by professional journalists, instantly became my least favorite web startup when it launched in April with an endless stream
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