Clear Channel has instituted a hiring freeze indefinitely. And you say tv and radio aren’t in trouble?
Well, new media has its problems too. Some Yahoo employees aren’t saying, “Yahoo” anymore. They plan to ax 1,000 staffers. Lots of competition from Google is a reason. Plus, people don’t want to pay for content. Someone has to pay for all of those killer apps. How much Google and Yahoo merge within three years?
The NHL All-Star Game, which was played Sunday night, was on the Versus network, which hardly anyone gets on their cable or satellite system. NBC, the NHL’s other ‘net, probably didn’t want it because of dismal ratings. If hockey wants to build their audience, they can’t keep burying their games where nobody can find them. The outdoor game on New Year’s Day gave the league some much-neede but short-lived buzz.
Continuing on the subject of sports TV, Tiger Woods must have killed the ratings for the final round of the Buick Invitational. With an eight-shot lead going into the final round, there’s no reason to tune in, except maybe at the end to see him sink the winning putt. The next time he plays, maybe the TV guys could ask him to put a few in the water just to make it semi-interesting!
Still no word on the XM-Sirius satellite radio merger. Last week, venerable trade paper Radio and Records reported rumors of a pending announcement, citing an investment blog as the source. Isn’t it supposed to be the other way around? By the way, still no announcement more than a week later!