market news, page-49

interesting tit bit for TEN watchers....

"Ten is in desperate need of the boost that Howcroft's connections could bring. Its ratings have slumped to such a degree that it now trails the ABC. Its share of the advertising market is hovering about 23 per cent (against a target closer to 28 per cent — a serious shortfall given that each point is worth about $30 million in revenue)."

Read more: http://www.smh.com.au/business/media-and-marketing/gruens-russell-howcroft-transfers-to-ten-20120919-2662n.html#ixzz26t2sgqZx