Recently I received several Wall Street research reports reviewing October TV ratings for the major broadcast and cable networks. In a word the data is ugly. According to a note from Morgan Stanely’s excellent analyst Benjamin Swinburne broadcast nets were down 9% in October on a channel sharing (or CS) basis in primetime and down 12% for live-only all for Adults 18-49. Cable networks are gaining share but they don’t appear to be gaining viewers as the Top 40 nets saw C3 down 2% and live-only down 2%. Some of the numbers at broadcast are astonishing. Fox (NASDAQ:NWSA) is ...