2 posts and columns on currency effects

Warner Music Earnings: Out of Tune

in Media on November 24, 2009 at 3:48 am PT

Warner Music Group has a mixed bag of results for Wall Street this morning: The music label’s revenue was a bit higher than analysts had expected. But even after factoring out one-time severance charges, the company lost three cents a share, and the Street was assuming it would earn four or five cents a share.

Ad Market Prediction of the Day: Recovery Is Here, Says Ad Giant Publicis

in Media on October 27, 2009 at 1:15 pm PT

It’s all well and good for Google to say the worst is over. But what about media companies that survive on revenue streams other than search ads? Things should be better for them, too, says Publicis, one of the biggest advertising companies in the world. The French holding company, which announced its results today, says things bottomed out this summer.
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