All Articles Tagged "low"
Are You a ‘Ghetto Parent’?
According to Chicago Sun-Times columnist Mary Mitchell, you might be a “ghetto parent” if you:
Cable’s Reach, Revenue, Ratings Threaten Network TV’s Supremacy
(Fast Company) — When Conan O’Brien string-dances on TBS this November, it’ll mark a major victory for cable television, which has long been considered second string to big broadcasters ABC, CBS, Fox, and NBC. But any way you slice it — reach, revenue, ratings, and (as Team Coco shows) respect — cable is king. Today, with about 90% of Americans now subscribing in some form, basic cable is basically the norm. Revenue is rising, up 14% over the past two years, to $48 billion, compared with a 4% slump for broadcast channels, to $16 billion. “Broadcast television’s audience share has been eaten away,” says Bill Gorman, media analyst and cofounder of TV by the Numbers. “The danger to broadcast TV isn’t the Internet — it’s cable.”
Dow At 7-Month Lows
(CNN Money) — Stocks slumped Monday, with the Dow and S&P 500 ending at 7-month lows, after the euro hit a fresh four-year low, adding to worries about the global economy. The Dow Jones industrial average (INDU) lost 115 points, or 1.2%, closing at the lowest point since Nov. 4. The S&P 500 index (SPX) lost 14 points, or 1.4%, and closed at its lowest point since Nov. 4. The Nasdaq composite (COMP) fell 45 points, or 2%, and closed at its lowest point since Feb. 11.
