Also, in this economy, the old people are the only ones who still have money.

THE YOUTH DEMOGRAPHIC: “Highly overrated.” NBC wants to replace Leno with someone younger and “edgier.” Only problem is, nobody watches those guys. They do watch Leno. Is there a broader lesson here?

CBS Rediscovers Fogey-Power

www.bloomberg.com

CBS CEO Les Moonves writes off the long-cherished young demographic.