Sinclair Broadcast Group earnings jump on political advertising

The News Review:

- Sinclair Broadcast Group earnings jump on political advertising
- Big Screen Entertainment Group Introduces Prints and Advertising Fund
- Google says drops advertising partnership with Yahoo
- AOL advertising revenue falls even as rivals gain
- Threat to TV news as firms feel advertising cash drain
- Google pulls out of Yahoo advertising partnership

Sinclair Broadcast Group earnings jump on political advertising
Bizjournals.com, NC 
, but the company warned that the economic downturn will weigh heavily on its earnings next quarter and well into 2009. The Hunt Valley broadcast firm reported net income of $11. 6 million for the three months ending Sept.

Big Screen Entertainment Group Introduces Prints and Advertising Fund
MarketWatch 
This new
fund will provide up to $400,000 in P&A support per release, utilizing
the company’s recently formed domestic
theatrical distribution arm for a series of future film release
campaigns. The initial title to be released under this program is the
upcoming “Babysitter Wanted”
theatrical release campaign. ” Big Screen’s
advertising campaign will focus on many of the largest college markets
in the US, as well as several major markets, including New York City.

Google says drops advertising partnership with Yahoo
Reuters 
O: Quote, Profile, Research, Stock Buzz) has canceled plans for a search advertising partnership with Yahoo Inc (YHOO. O: Quote, Profile, Research, Stock Buzz) amid opposition from antitrust regulators and.

AOL advertising revenue falls even as rivals gain
The Associated Press 
The $33 million decline compared with the year-ago period, disclosed as parent company Time Warner Inc. released its earnings report Wednesday, marked AOL’s first drop since it began distancing itself in late 2004 from its roots as an Internet access provider. Ad revenue grew 41 percent in 2006 and 18 percent in 2007 and was flat the first half of 2008.

Threat to TV news as firms feel advertising cash drain
Scotsman, United Kingdom 
Mr Richards said: “What the market would provide is very significantly below what is a good level for a modern democracy and an informed citizenry. ” We are going to sleepwalk into a situation where the only news around is the BBC, which is great, but most people recognise we need more diversity than that. “• ITV yesterday warned of an expected 9 per cent fall in advertising revenues for its key channels over the final three months of the year, which includes the vital Christmas viewing season. The full article contains 220 words and appears in The Scotsman newspaper. Page 1 of 1

Last Updated:
05 November 2008 9:54 PM

Source:
The Scotsman

Location:
Edinburgh

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Google pulls out of Yahoo advertising partnership
The Associated Press 
has scrapped its Internet advertising partnership with struggling rival Yahoo Inc. , abandoning attempts to overcome the objections of antitrust regulators and customers who believed the alliance would give Google too much power over online commerce. The retreat announced Wednesday represented another setback for Yahoo, which had been counting on the Google deal to boost its annual revenue by $800 million and placate shareholders still incensed by management’s decision to reject a $47. 5 billion takeover bid from Microsoft Corp.

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