Q1 2009 – Media Industry Shrinkage Recap

April 17, 2009 at 2:37 pm | In Uncategorized | Leave a Comment
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According to this TechCrunch graph, the loss of jobs in media and electronics seems to be slowing, but a large number of layoffs comes standard with a new calendar year in a down economy.  Looking forward, Q2 doesn’t offer much relief, and has already claimed 2 major music industry victims (Passalong Networks and Echo).

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Highlighted media companies who experienced layoffs in Q1 2009:

Jan 8:  Dell – 1900

Jan 14:  Google – 100

Jan 17:  Circuit City – 34,000

Jan 20:  Warner Brothers – 800

Jan 20:  Clear Channel – 1850

Jan 21:  Bose – 1000

Jan 22:  Microsoft – 5000

Jan 22:  Digg – 7

Jan 31:  eBaum’s World – 13

Feb 20:  Best Buy – 250

March 11:  Sony Pictures – 350

March 25:  iMeem – 6

March 26:  Google – 200

March 26:  Amazon – 210

Edited Keynote – Bad News for Music Marketers

March 25, 2009 at 4:21 pm | In Uncategorized | Leave a Comment
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Some insight from the consumer research front.

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