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But Mr. Poltrack said the advertising pullback had a role, too.
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Breitbart staffers told Fox Business in February that the pullback in advertising has taken a toll on the site.
"What we're seeing in the automotive industry is a major pullback in advertising," said Ellen Oppenheim, executive vice president at the Magazine Publishers of America.
Tom Wolzien, a media analyst with Sanford C. Bernstein, said any pullback in advertising commitments would most likely not be felt first at the network level.
If one part of the business is down, another is likely to be up. – Brands are havens: At the end of her appearance, Millard said that if you look at any pullback period in advertising, theres an ineluctable flight to safety.
But industry analysts said the company was cagey about its projections for the next several quarters -- particularly the first quarter of 2001 -- when the pullback in dot-com advertising is expected to take a continued toll.
BuzzFeed Inc. is eliminating 15% of its workforce, the latest pullback for digital-media sites dealing with a challenging advertising market.
Nike is working hard to insure that the public sees little evidence of the pullback in spending -- which could include $70 million in cuts to United States advertising spending and administrative expenses.
So a little pullback".
"There was no pullback".
"It's just a necessary pullback".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com