Last week a New York Post article by Claire Atkinson reported:
February was another heartbreaker for the $65 billion television ad business.
Commercial ratings — the viewing “currency” that determines what advertisers pay for TV time — cratered across broadcast and cable networks, marking the fifth straight month of double-digit declines for the industry.
“It’s clear the downward spiral in TV ratings continues with no end in sight,” media analyst Michael Nathanson wrote in a research note on Friday.
