Print: Tribune Bankrupt, Ad revenue plunge

From RintiniWriting Media giant Tribune Co., saddled with billions in debt since it became a privately held company last year, filed for Chapter 11 bankruptcy protection in a Delaware court this afternoon, becoming the first major newspaper or chain to declare bankruptcy in modern history. (Washington Post) Wall Click for bigger picture. Total print and…

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Web 2.0 is a bust – Advertising doesn’t work

NewsFlash! From 24/7 Wall Street Social Networks Don’t Work For Advertisers: Web 2.0 Is A Bust (GOOG)(TWX)(NWS) Perhaps someone could have figured this out a year ago, Social networks like MySpace, owned by News Corp (NWS) and Facebook are poor targets for marketers. No wonder. A social network is a patch work of millions of…

Australia etc: Social network Social media statistics

Some random stuff: | View | Upload your own Thanks TechCrunch! Then Australian Internet Usage (mentioned before, announced at ad:tech sydney): AUSSIE INTERNET USAGE OVERTAKES TV VIEWING FOR THE FIRST TIME– Australian consumers approaching point of media ‘saturation’– Aussies clocking up over 84 hours per week in media usage Sydney, 18 March 2008— The amount…

Yahoo! gets Del.icio.us

MediaPost article:Yahoo! Buys Bookmarking Communityby Gavin O’Malley, Monday, Dec 12, 2005 6:00 AM ESTINVESTING FURTHER IN THE COLLECTIVE intelligence of online communities, Yahoo! on Friday said it acquired the bookmark-sharing site Del.icio.us. Financial terms of the deal were not disclosed. The move comes less than a year after Yahoo! acquired Flickr, an online photo-sharing site…

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