
There are no rocket scientists nor brain surgeons on-staff at IHateTheMedia.com. Not a one. Yet even we are able to figure out that fewer radio listeners lead directly to fewer radios being manufactured.
In a depressing display of headline juxtaposition, On the high-end radio manufacturer Bose laid off 1,000 employees on the same day that radio conglomerate Clear Channel slashed 1,500 employees.
There are also no historians on-staff at IHateTheMedia.com, but we’re pretty sure that buggy whip manufacturers cut production about the same time people stopped riding horses.
But we could be wrong.
Robert Iger, CEO of Disney, received a pay package worth $51.1 million in fiscal 2008. That was up a whopping 85 percent from a year earlier. Unfortunately, most of it came in stock options that are currently worthless.
ABC entertainment president Steve McPherson blamed decaying TV ratings on Nielsen Media Research, saying the ratings measurement firm doesn’t count enough forms of audience viewing.