Ulysees E. McGill
This season is for you Sweets
- Joined
- Aug 12, 2009
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If you don't think media sells bad news for profit...dude you are blind. That is like a galactically accepted fundamental rule of the universe.How so? A media company signs contracts for ads with businesses. As those businesses lose money, they will cut back on ad spend. Advertising is the first thing to go when expenses must be cut.
My wife runs her own marketing business and her biggest client just cut ad spending by 60%.
No one wants to advertise bigly when there is no point in it.
Now...there may be more eyes on the TV, facebook/social media, than usual because of what's happening. Ironically, it just means those that advertise will get a discount and a good value (views per dollar) because not many need it right now. Any industry that relies on advertising to get by will be handing out ad space super cheap just to retain any revenue at all.
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