Over the last few years, the reporting of revenue from commercial music sales has been a "good news, bad news" deal. Digital downloads of albums and songs keep rising. CD sales keep falling. Since…
According to Reuters, Wall St. closed its worst year since The Depression. Reuters reports that GMAC did not hit its goal of trading debt for equity and cash. Reuters reports that GM (GM) has…
According to Reuters, housing and consumer confidence both suffered record drops. Reuters reports that GMAC eased lending rules after the government provided it with $6 billion. Reuters reports that the Madoff probe now extends…
According to Reuters, GMAC will get $6 billion from the government with $1 billion coming through GM (GM). Reuters reports that violence in Gaza intensified. Reuters writes that Japan is looking at a program…
According to Reuters, Kuwait canceled a $17 billion joint venture with Dow Chemical (DOW). Reuters reports that Credit Suisse (CS) clients may have lost $926 million on the Madoff scam. Reuters reports that GMAC…
According to Reuters, as investors moved to cash, oil has come down, but that is not likely to last. Reuters writes that data from MasterCard (MA) shows holiday spending may have dropped as much…
According to Reuters, as the recession is spreading countries are increasing spending in an attempt to revive economies. Reuters reports that GMAC got federal approval to be a bank holding company. Reuters writes that…
As 2008 draws to a close, it is time for Christmas. It is time for Hanukkah. It is time for New Years. It is time for reflection. And it is time for planning. It’s…
Eyeblaster, Inc. has just withdrawn its registration statement with the SEC for its planned initial public offering. You can guess the reasons… "because of unfavorable market conditions that would adversely affect the offering of…
There was a rather interesting initial public offering filed this week. A company called FriendFinder Networks, Inc. wants to sell shares to investors. This is not a run-of-the-mill IPO. FriendFinder is the parent company…
It would have been hard for The New York Times (NYT) to post numbers much worse than their sales for November. Advertising revenue for the News Media Group, which includes the firm’s newspapers. declined…
Yesterday, The Washington Post (WPO) and Baltimore Sun said they will start to share content to save money. The newspaper industry’s fortunes are that bad. The Post says that the deal with cover everything…
According to Reuters, authorities do not think Madoff could have acted alone. Reuters show that the US is sinking deeper into recession. Reuters reports that the SEC defended it response to the economic turmoil.…
As if you didn’t know there were problems at SIRIUS XM Radio Inc. (NASDAQ: SIRI), Moody’s has decided in its infinite wisdom to downgrade the company’s debt ratings. This downgrade is showing an increased…
According to Reuters, a survey of 22 countries show three-quarters of households cutting spending and a sharp drop of confidence in emerging economies. Reuters writes that the US sold record debt and there was…