Ailing Detroit Puts Dent in Media Biz

Aug 11, 2008  •  Post A Comment

The financial woe the auto industry is experiencing is being felt in lower profits and revenues by traditional media companies, the New York Times reports. In the first quarter of this earnings period, the car business spent $414 million less on advertising than a year ago, the paper says, citing data from TNS Media Intelligence.

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  1. It seems that most of the commenters dont even read the post till the end.

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