Dan Riehl has a post up looking at the nonsense being floated by some on the left forecasting the demise of right wing talk radio. One reason cited by those hopeful lefties is that Rush Limbaugh might change syndicators. They note that Cumulus, the company that syndicates his show, is losing money, and their spin is that the Rush v. Sandra Fluke tiff spooked too many advertisers. The possibility that Cumulus might have management problems is ignored.
So while drinking my second cup of coffee this morning, I pondered this thought—if it’s only right wing media that’s seeing a slow down in ad revenue during a funky economy, why did the New York Times see its ad sales drop 11 percent and earning fall over 90 percent during the first quarter this year?