|
WB: The Red State Times
Next week in the Times Science section: Creationism reconsidered.
…
Editorial independence (i.e. the freedom to tell the reader or viewer what you think they need to know, rather than what you think they want to hear) has always been a rather strange artifact in a competitive, capitalist industry like journalism.
The Red State Times
lets face it, they are all in this together.A research team at Sonoma State University has recently determined that only 118 people comprise the membership on the boards of director of the ten big media giants.
New York Times: Caryle Group, Eli Lilly, Ford, Johnson and Johnson, Hallmark, Lehman Brothers, Staples, Pepsi
Washington Post: Lockheed Martin, Coca-Cola, Dun & Bradstreet, Gillette, G.E. Investments, J.P. Morgan, Moody’s
Knight-Ridder: Adobe Systems, Echelon, H&R Block, Kimberly-Clark, Starwood Hotels
The Tribune (Chicago & LA Times): 3M, Allstate, Caterpillar, Conoco Phillips, Kraft, McDonalds, Pepsi, Quaker Oats, Shering Plough, Wells Fargo
News Corp (Fox): British Airways, Rothschild Investments
GE (NBC): Anheuser-Busch, Avon, Bechtel, Chevron/Texaco, Coca-Cola, Dell, GM, Home Depot, Kellogg, J.P. Morgan, Microsoft, Motorola, Procter & Gamble
Disney (ABC): Boeing, Northwest Airlines, Clorox, Estee Lauder, FedEx, Gillette, Halliburton, Kmart, McKesson, Staples, Yahoo
Viacom (CBS): American Express, Consolidated Edison, Oracle, Lafarge North America
Gannett: AP, Lockheed-Martin, Continental Airlines, Goldman Sachs, Prudential, Target, Pepsi
AOL-Time Warner (CNN): Citigroup, Estee Lauder, Colgate-Palmolive, Hilton
news in and of itself isn’t profitable.
Posted by: annie | Jun 27 2005 22:37 utc | 4
Instead of the single master so celebrated in the rhetoric of the industry-the reader-there are in fact three masters-the reader, the adver-tiser, and the stock market. And with the increase of size of the corporation the emphasis shifts steadily toward the last two
Bagdikian saw it coming — just as Paddy Chayafesky did in “Network” (Just like Fox News, but with better mad prophets of the airwaves.)
When, exactly, is the media going to realize that the market for idiot right-wing opinion is already saturated? Why should we have Fox, MSNBC and CNN spewing mostly the same crap, when there’s a huge market out there – of people in target demographics, no less – who would watch/buy liberal product
I’m just speculating here, but I suspect the Times believes it can always hold on to its liberal readership — after all, even with the Keller make over, it probably will remain a lot more liberal (culturally, at least) than the vast majority of local newspapers, TV news shows, etc.
But I think the Times marketing guys have looked at who they are competing against in the national daily newspaper market — which means the Wall Street Journal and USA Today — and have concluded that those two have a huge brand advantage in the red states because they are not viewed as negatively by conservatives, particularly cultural conservatives.
The Times may believe that it can’t afford that handicap. It’s not even clear there’s going to be room for three national daily newspapers (given the industry’s general decline) and Times management may fear being left the odd paper out. They may also be right.
Farewell, old media. Good riddance.
I feel that way too, some of the time. But then I think about what kind of information sources we would have if “old media” really did go away. Imagine no more NYT, no Washington Post, no wire services, no news weeklies, no Economist, no Guardian or Independent.
Or, more likely, imagine all of those sources forced to charge corporate newsletter-level subscriptions for access.
We could be left with the cable news morons and the talk radio ranters as the only “free” news media. That, plus the blogs and the indymedia type operations — which are wonderfully free, but hit or miss (at best) in terms of coverage and accuracy.
The problem is that news gathering — reporting, as opposed to bloviating — is very expensive. If the “old media” model breaks down, the only people with access to hard, reliable information might be those with the money to pay for it, which could primarily mean those with a corporate expense account for such things.
That would be a high price to pay for the knowledge that Judy Miller and Bill Keller are out of work.
.
Posted by: Billmon | Jun 28 2005 0:30 utc | 9
|