The media mess

Article Abstract:

Mass media companies such as Time Warner Inc or publisher Rupert Murdoch's empire are suffering financial setbacks because they have become too big. The recession is only a small factor in recent economic difficulties by the television, motion picture, and publishing industries.

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Unforgiven or unrepentant? The film business

Article Abstract:

Revenues for Hollywood's film conglomerates have increased by an estimated 7.7% in 1992, but spiraling costs in the studios' core sector, motion pictures, threaten the industry's profitability. Film production costs rose by 10% in 1992, and marketing costs are out of control.

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Newspaper money can still be sweet

Article Abstract:

Newspaper publishing remains a potentially lucrative field, despite predictions by some futurists that the print media will soon be outmoded. Both advertising and circulation revenues have fallen in the 1990's, but the prospects for improvement are bright.

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