Good Day, Bad Day
Accountants, TV advertisers
GOOD DAY FOR: Accountants, as up to 20 million lower-income taxpayers, veterans, and pensioners who don’t normally file taxes will have to this year it they want their stimulus rebate checks. The stipulation is in the fine print of the stimulus package signed yesterday. (MarketWatch)
BAD DAY FOR: TV advertisers, as steep strike-related viewership declines at NBC, ABC, and CBS have not affected high advertising rates, which were set before the Nielsen ratings and economy started going south. Fox is the only network where ratings are up for the 18-49 age demographic. For the other three, “as old favorites return with new episodes, audiences will return,” predicted ad buyer Bill Carroll. (MarketWatch)
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