Showing posts with label decline. Show all posts
Showing posts with label decline. Show all posts

Monday, July 1, 2013

The decline of reality singing shows

NEW YORK — As The Voice ends its third season, tell us if this scenario sounds familiar.

A give-it-your-all reality competition becomes a national fascination. Other shows mimic its formula — and eventually another show becomes the nation’s reality spectacle of choice. It outpaces its predecessor and makes many of us forget just how original the original once seemed.

We aren’t just talking about American Idol, but also Mark Burnett’s Survivor, the show that may be most responsible for launching the reality genre in the US. Just as The Voice has surpassed Idol, Idol once overcame Survivor.

Survivor debuted in 2000, two years later came Idol, which went on to rule US television for eight years, dwarfing its predecessor and everything else in the ratings.

Idol owed its success partly to the brutal honesty of Simon Cowell, who was every bit as shrewd as Survivor’s first-season winner, Richard Hatch.

Viewers also tuned in for the watch-through-your fingers performances of aspiring stars like civil-engineering student William Hung.

In the 2011-12 TV season, Idol got competition from The Voice, which unlike Idol didn’t succeed by playing rough. The singing competition, which closed its third season in the US on Tuesday night, took a more encouraging approach (subbing in “coaches” for “judges”).

In the process, it replaced Idol on the list of Emmy contenders for Outstanding Reality-Competition Program last year, leaving the original singing show out of the category where it had been a staple for nine consecutive years. The Voice has finally bumped Idol as the top singing show — though neither sing-off now scores the outsized ratings Idol once did.

To hear Burnett tell it, The Voice owes its success to being “a kinder show.”

No matter how much of a role they truly play, the judges behind the table — or coaches in the spinning chairs — always get the credit or blame for a show’s success or slide. It’s true that Idol began to lose its bulletproof status when Cowell departed for X Factor. And though his new show earns respectable ratings, they lag those of Idol and The Voice. On the other hand, Cowell may have miscalculated when he decided to turn his X Factor, which debuted in 2011, into a higher-stakes, tougher Idol.

So, do musical competition shows need to get nicer? Or nastier? The much-hyped Idol rivalry this year between Nicki Minaj and Mariah Carey didn’t produce as much ratings heat as Fox may have hoped for. And the lower X Factor ratings despite the much-hyped addition of Britney Spears in Season Two suggests that big names can’t guarantee better numbers.

Is it possible that the shows really are, as the judges and producers always insist, really about the contestants? If so, no one’s going to to blame those contestants for singing shows’ slide. More likely, some viewers think they’ve seen it all. Reuters

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Thursday, April 18, 2013

REFILE-UPDATE 3-Intel foresees Q2 sales decline as PC market shrinks

* Trims capex plans for 2013

* Maintains full-year revenue forecast

* Shares edge lower

By Noel Randewich

SAN FRANCISCO, April 16 (Reuters) - Intel Corp said its current-quarter revenue would decline as much as 8 percent and trimmed its 2013 capital spending plans, as personal computer sales drop due to the growing popularity of tablets and smartphones.

Shares in the world's largest chip maker rallied as much as 3 percent after hours but quickly gave up the gains. The stock had been battered over the past week after researcher IDC revealed that PC sales notched a record quarterly decline in the first quarter.

Despite persistently weak demand for PCs, Intel held firm on its previous forecast that 2013 revenue would grow by a low single-digit percentage, a target some analysts believe is becoming more difficult to hit.

Chief Financial Officer Stacy Smith told analysts on a conference call after Intel's earnings report on Tuesday that its upcoming Haswell chip, as well as new ultrathin laptops and an improving economy, would revive growth in the second half of the year.

"That scares the hell out of me. They are holding to the same ultra-bullish forecast they gave before," said Stacy Rasgon, an analyst at Bernstein Research. "They are presumably pretty bullish on the new products they are planning."

Personal computer sales plunged 14 percent in the first three months of the year, the biggest decline in the two decades on record, as tablets grew more popular and buyers seemed to be avoiding Microsoft Corp's new Windows 8 operating system, according to IDC.

Under pressure, Intel also said in its quarterly news release on Tuesday that it was reducing 2013 capital spending from $13 billion to $12 billion, plus or minus $500 million.

STICKING TO THEIR GUNS

Intel said its first-quarter revenue fell to $12.58 billion from $12.91 billion in the year-ago quarter.

The world's largest chipmaker forecast June-quarter revenue of $12.9 billion, plus or minus $500 million. Compared to the second quarter of last year, that amounts to roughly no change or a drop of as much as 8 percent.

Analysts had expected $12.588 billion in revenue for the first quarter and $12.854 billion for the June quarter, according to Thomson Reuters I/B/E/S.

Intel posted first-quarter net income of $2.04 billion, or 40 cents a share, down from $2.74 billion, or 55 cents a share, in the year-ago period. Analysts on average had expected 41 cents per share.

"These numbers are not very solid, but the second-quarter guidance is better than feared. Conditions are probably not as bad as industry reports have suggested recently," said Doug Freedman, an analyst at RBC Capital.

Shares of Intel edged down less than 1 percent in extended trade after closing up 2.5 percent at $21.91 on Nasdaq.


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