Accuracy in Media

Washington Post Earnings Plummet in 4th Quarter

The news keeps getting gloomier for The Washington Post as the company announced that earnings in the 4th quarter dropped by 22%, with few signs of a rebound in sight. Excluding special items, the company reported that net income fell to $61.7 million from $79 million a year ago. Revenues declined 10% to $1.06 billion. […]

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ABC Continues to Drag Down Disney

Disney released its earnings this week and it shows that while the company’s entertainment and cable properties are profitable and humming along, its broadcast division continues to be a drag on the company. The division, which consists of the ABC network and its eight ABC-owned affiliates, reported on Thursday a 7% decline in revenue and […]

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December 2012

12/5/2012 - CBS CEO Moonves: “[CBS News] Doesn’t Help the Bottom Line, But It Is Very Important For the Image of CBS”

February 2012

2/25/2012 - Washington Post Earnings Plummet in 4th Quarter

2/11/2012 - ABC Continues to Drag Down Disney

October 2011

10/14/2011 - N.Y. Times New Motto: All the Staff That’s Fit to Cut