The media business is taking a pounding as advertisers hold back spending on marketing. The effect for the Broadcast Networks, will be less spending on scripted shows and more directed at the cheap reality type show. But for those in the magazine business the sudden advertising black hole, is much more dire and is sending many of them into a death spiral.
But since we all know the future of this planet must be a green one, the magazines and media covering it, must be booming, right? Sadley the truth is green media is bleeding red. Fresh new comers such as Plenty Magazine, Organic Style Magazine and Hybrids like Conde Nast’s Domino Magazine are feeling the effects of high over head and a thin advertising base. Continue Reading / See Additional Photos
Published on May 1, 2009
Section Videos
Comment 1
Looks like David Letterman is so mad at GM and the other big automakers, he has decided to support Tesla. He goes on and on about how he loves the first Tesla car and even rolls out the new prototype sedan, The Model S. Tesla’s Chairman, Elon Musk gives credit to the documentary Who Killed The Electric Car, for bringing a spotlight to the demand for electric cars. Musk said ” When was the last time anyone cared about the death of a GM vehicle?” He was talking about GM killing off the EV1 electric car, to make way for the Hummer Beast Line of vehicles. Which have now been killed off as well.
Elon, couldn’t have paid David enough for this type of endorsement. I am sure being on shows like Late Night and The Tonight Show, puts Tesla on the map in Washington D.C. Giving them a chance at some Government funds to make the Model S into a reality. From the news hitting the web over the last few weeks, the Model S is smoke and mirrors for now. They have a long way to go and their really is no way to price the car yet. The flat screen display on the dashboard would cost $7 on its own.
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