Earnings

Twitter Is in Real Trouble

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Why is Twitter in real trouble? In a world that is becoming more and more connected every day, Twitter has done the unthinkable: it has shrunk. What's worse is that Twitter gets more free TV advertising than almost any other product or service which leaves two possibilities: (1) TV advertising does not work. (2) People don’t like the product. I’ll go with number 2. Here's why ...

S&P Media Index Aug 15

Mediamageddon – If ESPN Dies, We All Die!

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Last week the S&P Media Index lost 8.3 percent (approximately $53.7 Billion of value) in just three days. During that time, shares of Viacom lost 20 percent, 21CF (Fox) and Discovery Networks lost 11 percent, Disney took a 9 percent hit and even CBS dropped 6 percent. It was a tough week. Is this the beginning of Mediamageddon?