News Corp's Rupert Murdoch told financial analyststs on a confereence call this week that "it is increasingly clear that the worst is over... There are emerging signs in some of our businesses that the days of precipitous declines are done and that revenues are beginning to look healthier." Similarly upbeat statements have come from other Big Media bosses like Disney's Bob Iger, Viacom's Phillippe Dauman, and just today CBS' Les Moonves.
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Two Weeks of Posts Comments 1 LIVE-SNARKING THE 82ND OSCARS... 658 2 Sundance 'Welcome To The Rileys' Bought 460 3 'ALICE' IS A MONSTER! $116.3M Blows Past 'Avatar' For Biggest 257 4 Marvel Still Looking For Captain America 190 5 God Stars In 3D Book Of Genesis Bible Tale 143 ‘Glee’ Returns In April…
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Title Studio Gross 1 Alice In Wonderland Disney $62.7 M 2 Green Zone Universal $14.3 M 3 Shes Out Of My Leag Paramount $9.8 M 4 Shutter Island Paramount $8.1 M 5 Remember Me Summit $8.1 M 6 Our Family Wedding Fox $7.6 M 7 Avatar Fox $6.5 M 8 Brooklyns Finest Overture $4.5 M 9 Cop Out Warner $4.3 M 10 The Crazies Overture $3.7 M 11 Percy Jackson Fox $3.1 M 12 Crazy Heart Fox $3.0 M 13 The Blind Side Warner $1.6 M 14 Valentines Day Warner $1.4 M 15 Ghost Writer Summit $1.2 M 16 Dear John Sony $1.0 M 17 Tooth Fairy Fox $0.7 M 18 Alvin And Chipmunks Fox $0.5 M 19 Last Station SPC $0.4 M 20 The Wolfman Universal $0.4M SOURCE: RENTRAKBox Office Poll
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HOW EMBARRASSING! 'Bounty Hunter' Stars Jen & Gerry Will Lose To 'Wimpy Kid'; 'Alice' Still #1; 'Repo Man' Distant #4 -http://bit.ly/9GFeAcAbout 16 min. agoRSS Feeds
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Precipitous declines in everything but their salaries.
Murdoch also said he was going to start having his online publications charge fees (WSJ, etc). Good luck with that ol’ boy…
Yes, now that the greatest transfer of wealth from the poor to the rich in American history has been successfully completed, the worst is over.
LOL. But more people are out of work at 8.9%. The worst is over? No.