Over-the-air broadcasters are challenged by cable and satellite distributors and by DVD sales

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(Continued) The RFS Newsletter, Apr. 21, 2007. Page 7
Over-the-air broadcasters have been challenged by cable and satellite distributors for decades and since 2002 by DVD sales. The Web is just the latest technological threat to come along and take another cut from the $75 billion market for television advertising. A list of rivals, from mobile carriers, Apple, Joost, YouTube, NetFlix, TiVo, Sling Media and many others are all offering TV audiences some alternatives to traditional broadcast television.

In news on Wednesday, Yahoo said its overall net profit dropped 11 percent, on higher operating costs. Yahoo's lower net earnings were caused by higher spending to better compete against its main rival Google. Overall, sales and earnings at the Sunnyvale, California-based company were lower, but just short of what Wall Street analysts had expected.

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