
"[CBS] reported a loss of $12.46 billion, or $18.58 per share, compared with a profit of $343.3 million, or 48 cents per share, a year ago."
Posted by Kate at October 31, 2008 12:21 AMTanking.
Posted by: shaken at October 31, 2008 5:13 AMIt's the Fairness Doctrine karma come early.
Posted by: iggyp at October 31, 2008 6:43 AMAnd we continue to have to pay for the CBC as if nothing is happening to the old media's audiences.
SPIT!!
Posted by: Louise at October 31, 2008 7:38 AMIn the middle of a hotly contested election...
Posted by: Fred at October 31, 2008 8:32 AMWow . . . the Katie Couric effect as measured in dollars rather than estimated by her stupidity.
Posted by: Fred at October 31, 2008 9:06 AMFaster please.
Posted by: Fritz at October 31, 2008 9:42 AMThey'd rather destroy themselves than report the truth about Obama ( is/was a marxist, is friends with Jew hater Khalidi, white hater Wright and terrorist Bill Ayers, is behind the largest voter fraud in US history that is ACORN, and biggest donor fraud in US history with their AVS off to accept illegal donations and much more...).
***shaking head in disbelief***
Posted by: Friend of USA at October 31, 2008 10:46 AMGOOD POINT FRED.
Posted by: Indiana Homez at October 31, 2008 12:25 PMThey will not be missed.
Posted by: Warwick at October 31, 2008 12:38 PMHere is more good news about the parent company of our local rag: http://biz.yahoo.com/ap/081030/lee_enterprises_debt.html?.v=2. If you haven't already done it, call up and cancel a newspaper or magazine subscription. It feels good.
Posted by: Mike Kelley at October 31, 2008 1:49 PMI blanked their channel after Dan's little attempt to subvert the Bush reelection and never watched any of their syndicated stuff elsewhere as a matter of principle, but I never meant to...... ................................, oh well.
Posted by: Sgt Lejaune at October 31, 2008 2:32 PMThis is a case of death with no dignity.
Posted by: Revnant Dream at October 31, 2008 6:25 PMCBS said earlier this month that it would record the charge to reflect a decreased book value for its radio and TV stations
Apart from that, they are valuable????
This may have something to do with the switch to digital TV. The old analog TV spectrum is now "worthless".
Posted by: RW at November 1, 2008 7:44 PMheh!
Posted by: dinosaur at November 2, 2008 5:37 PM