We all know that times are tough. Here are a few stories indicating some of the ways:
- In Prague, demand for the “world’s oldest profession” has gone down. The brothels are seeing a significant drop in business. Insert your own punch line here.
- On Broadway, musicals are changing their marketing to emphasize their value and their good feelings. They are offering more discounts, even before their premieres.
- In California, Electronic Arts is missing its mid-year target, and as a result, it will find ways to cut costs, including canceling some game projects and making deeper job cuts than the 6% workforce reduction it had announced in October.
- In Beautiful Downtown
BurbankUniversal City, NBC is giving up scripted drama and other shows in the last hour of primetime to replace it with Jay Leno five days a week, at significant cost savings. Will the other full networks follow suit, or just give up because they don’t have the evening franchise? Could ABC do the same thing with Nightline? - In St. Louis, company holiday parties are taking a hit, being downsized or eliminated.
