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Tagged: Record Labels

Media Roundup

Cable Ratings Go Up, Newspaper Ad Sales Go Down

• The average person consumed 32.2 hours of TV each week this summer. It's a new record. And it's all thanks to the quality programming that cable channels have been putting on the air the last few months, obviously. [NYP]
• The bad news for newspapers is getting worse: Ad sales dropped by 29% during the second quarter, which means newspapers have $2.8 billion less in their (already empty) pockets than they had at this time last year. [AP]
• Related: Please take the time this weekend to read the massive story about Hurricane Katrina in the New York Times Sunday magazine. It cost the paper and ProPublica a record-setting $400,000 to produce. [CJR]
• Because Nightline feels left out of the war between Conan and Letterman, the show is launching a campaign to remind you that it still exists. [AdAge]More

Media Roundup

Syfy's Arrival, Timberlake's Book & TMZ's Big Win

• The Sci Fi Channel is now called Syfy. It's pronounced the same way, except it's less science fiction-y, which is why it was changed to begin with. [THR]
• Justin Timberlake has tapped lit agent David Vigliano to sell publishers on the notion that Timberlake is just the person to write a book about golf. [NYO]
• After a heated, two-year battle, big record labels and online radio stations have finally agreed on new royalty rates for streaming music online. [NYT]
• Who says embattled media companies are doing their best to spend money more wisely? The soundstage for Jay Leno's new primetime show will be "specially fitted to accommodate his passion: expensive cars." [THR]
• "Online predators" have hit Twitter. Paging Dateline's Chris Hansen! [LAT]
• A new study finds that kids are spending more time online. Surprise! [AP]
• Equally shocking: Breaking the Jackson story has boosted TMZ's traffic. [AP] More

Lawsuits

Bret Michaels, Bee Gees Square Off Against Pianos

142583The music industry isn't in the best shape at the moment. How are record labels, performance rights organizations and artists hoping to make up for plunging revenues and non-existent profits? They're taking aim at New York bars and clubs, that's how. Earlier this week, BMI and collection of labels and artists filed suit against Pianos on the Lower East Side for having the nerve to play hits like the  Bee Gees' "Stayin' Alive" and Poison's "Talk Dirty to Me" without having the permission to do so. You didn't think the day would come when Bret Michaels would be facing off against a bar on Ludlow Street? That day has arrived!More

Media

The Magazine of the Future Is Here

• How do you keep your magazine afloat? Put ads on the cover! [NYT]
• NBC is renewing 30 Rock, The Office, and The Biggest Loser. [AP]
• Music sales fell by about 7 percent last year. [NYT]
• The head of Hearst Magazines International is retiring. [NYP]
• Clear Channel is cutting $400 million in costs. [NYP]
• The Minneapolis Star Tribune has filed for bankruptcy. [AP]
Donny Deutsch's ad agency is laying off staffers. [AgencySpy]

Media

Sumner's Slump, The Music Industry's New Tact

• Tough times for Sumner Redstone: His debt issues haven't been resolved, he's feuding with his daughter, and he's a lot poorer, too. Once worth $8 billion, "today it is questionable as to whether he is worth even $1 billion." [NYT]
• It's about five years too late, but the music industry has finally decided to stop wasting its time suing people who download music illegally. [WSJ]
• A few predictions of what's in store for the movie biz in 2009. [THR]
• Fox Business is mocking CNBC again; this time it's via a TV ad. [HP]
• Further evidence that Malcolm Gladwell has reached his tipping point. [BG]
• Mark Felt, the man better known as Deep Throat, is dead at 95. [WaPo]