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To: Glenn Petersen who wrote (869)3/6/2010 1:28:28 PM
From: stockman_scott
   of 1789
 
The iPad: Quick Publisher Scorecard

contentbridges.com 

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To: Glenn Petersen who wrote (869)3/6/2010 1:28:57 PM
From: stockman_scott
   of 1789
 
The Newsonomics of Profit: Google’s and Newspapers’

newsonomics.com 

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From: Ron3/8/2010 2:17:29 PM
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Taking sharp aim at its rivals, Bloomberg BusinessWeek is prepping for a relaunch April 23 that it boasts will “reinvent” the category, with shorter stories, 20 percent more editorial pages and three more issues for a total of 50.

mediaweek.com 

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To: Glenn Petersen who wrote (869)3/10/2010 5:05:38 PM
From: stockman_scott
   of 1789
 
CNN’s Klein Says He Fears Social Networks, Not TV (Update2)

By Sarah Rabil

March 10 (Bloomberg) -- CNN’s U.S. president, Jonathan Klein, said he worries more about competition from social- networking sites such as Facebook Inc. than from other cable news networks.

“The competition I’m really afraid of are social- networking sites,” Klein said today at a media conference in New York. “That threatens to pull people away from us. The people you’re friends with on Facebook or the people you follow on Twitter are trusted sources of information. Well, we want to be the most trusted name in news.”

CNN, owned by Time Warner Inc., has lost ground in television ratings. News Corp.’s Fox News has retained the top spot with 2.3 million primetime viewers this year, and NBC Universal’s MSNBC is second with 800,000, according to data from Nielsen Co. CNN, once the most-watched cable news network, has averaged 687,000 primetime viewers this year.

Klein said ratings are only one way of measuring the audience and that growth will come from the Internet and mobile phones, pitting CNN more against social networks.

In the U.S., users of Facebook, the largest social- networking site, more than doubled to 112 million in January from a year earlier, according to Reston, Virginia-based research firm ComScore Inc.

Time Warner, based in New York, fell 7 cents to $30.53 at 4:15 p.m. in New York Stock Exchange composite trading. The shares have gained 4.8 percent this year.

To contact the reporter on this story: Sarah Rabil in New York at srabil@bloomberg.net

Last Updated: March 10, 2010 16:19 EST

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To: stockman_scott who wrote (882)3/10/2010 8:47:47 PM
From: Ron
   of 1789
 
Interesting that CNN continues to lose viewers even though it has far more reporters than Fox and MSNBC and runs a lot more actual news. Obviously cable TV viewers don't want news. They want opinion.
Interesting article on the way Fox has managed to carve out its niche:
cjr.org 

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From: Ron3/12/2010 9:12:51 PM
2 Recommendations   of 1789
 
Money for Nothing
The 'Liberal' Media

by ERIC ALTERMAN

March 11, 2010

On February 23 the New York Times reported that ABC News had decided to reduce its staff by a whopping 300 to 400 people, or approximately a quarter of its workforce. Three days later, the paper ran a full-page ad featuring a Photoshopped crowd of the network's biggest and best-compensated celebrities. It included the stars of Lost, Desperate Housewives and Grey's Anatomy alongside newly promoted newscasters Evening News anchor Diane Sawyer and Good Morning America host George Stephanopoulos.

Viewed side by side, the advertisement and the news story led to an obvious conclusion: ABC is looting its news division to invest in its stars. CBS did much the same when it enticed Katie Couric away from NBC with a promise of a reported $15 million annual payday plus promotional advertising worth at least another $10 million. Sawyer's and Stephanopoulos's new compensation packages are not public, but in 2006 Sawyer was already reportedly making $12 million a year in the job Stephanopoulos now has. When Peter Jennings died five years ago, he left an estate valued at $54 million. (Morning show hosts are paid like anchors because, while less prominent in the media, their shows rake in the big bucks from advertisers.) And yet despite the implications of ABC's advertising campaign, it is the network's news rather than its entertainment division that must carry the weight of these salaries. Can it be mere coincidence that the network cannot afford actual journalists anymore?
The news business is everywhere in crisis. CBS's news division is losing around 6 percent of its staff, and NBC has also made significant cuts, despite its being buoyed by the ability to amortize its costs across MSNBC, CNBC and MSNBC.com. Ironically, given the timing, ABC News president David Westin recently received the Radio-Television Digital News Foundation's First Amendment Leadership Award. Referring to the "wave after wave" of network cuts, he warned fellow broadcasters, "I can see no greater challenge to the First Amendment than the threats that are being faced by so many of our news organizations...threats to their ability to have the wherewithal to employ reporters and support them with the resources that they need."

Well, I have an idea. Imagine a world in which evening anchors, morning hosts (and even network news division presidents) were paid like journalists instead of hedge-fund managers. How many "resources" would that free up to invest in genuine news-gathering operations? Veteran print editors and reporters at places like the Times and The New Yorker manage to feed and clothe their families without costing their companies a million bucks a month, and they produce a great deal more valuable reporting and analysis than the network news stars do. So, too, do the folks at PBS and NPR. Would any sane person argue that the work of Bill Moyers or Terry Gross is somehow inferior to that of their network counterparts? (Here at The Nation, well, let's just say salaries are more in line with real cops than the actors who play them on Law & Order.)

Westin is worrying about the threats to the First Amendment of laying off a quarter of his staff, but whose idea was it for the networks to gut the news division of journalists to pay movie-star salaries to celebrity hosts in the first place? (Though, to be fair to movie stars, George Clooney reportedly did his brilliant performance in Up in the Air for just $2 million, less than a seventh of his usual fee.)

I teach a class at Brooklyn College on the portrayal of journalists in film since the days of The Front Page, and I found one could track the evolution of this attitude toward star compensation through two relatively recent films. In The Paper (1994), directed by Ron Howard, a crusty old veteran editor played by Robert Duvall tells the ambitious, obnoxious Glenn Close, who wants a raise to pay her decorator, the following fable about what it used to mean to be in the news business. (I found it transcribed on David Warsh's Economic Principals blog.) Duvall explains:

In '68, a bunch of us that were covering the Olympics in Grenoble decided to go to the best restaurant in town. Now, the menu didn't have any prices, but we were on expense accounts and we figured, screw it, got drunk. There ended up, I don't know, being fifteen or twenty of us at the table. And when the check came, woo, it was $9,000! So there we are, all starting to point fingers, we're trying to remember who invited who, we're talking about going down to Western Union to get money cabled. And just when it was starting to get really embarrassing, this funny little guy at the next table called the maitre d' over, drew a couple of squiggly lines on a napkin, signed his name to it, winked at us, and that was that. The old guy was Pablo Picasso. And that napkin paid our bill. The people we cover, we move in their world, but it is their world. You can't keep up. If you try to make this job about the money, you'll just make yourself miserable. Because we don't get the money. Never have, never will.

That was then. Now cut to James Brooks's Broadcast News (1987), where much of the staff of the network's Washington bureau are being forced to clean out their desks and rewrite their résumés in what we now know was just the first wave of apparently endless personnel cuts. The overpaid anchor, wonderfully underplayed by Jack Nicholson, is evincing crocodile tears over the human cost of heartless corporate bean-counting: "You can make it less brutal by knocking a million off your salary," avers a brave colleague. Nicholson gives him a look of death.

Today, the producer would have to say at least "10 million" to make the story credible, but I'm afraid the look on Jack's face would be much the same.

thenation.com 

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From: Ron3/16/2010 10:25:31 AM
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The Pew Project: Annual State of the Media Report:

stateofthemedia.org 

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To: Ron who wrote (885)3/16/2010 7:06:28 PM
From: stockman_scott
   of 1789
 
Grisham changes tune on e-books, goes digital

techflash.com 

By Eric Engleman on Tuesday, March 16, 2010

John Grisham, the author of numerous best-selling legal thrillers, has been a vocal skeptic of electronic books, saying they pose a threat to publishers, bookstores and aspiring authors. But Grisham has apparently had a change of heart. Random House announced today that 23 of Grisham's backlist titles — from "The Firm" to "Ford County" — will now be available in digital form.

Amazon.com wasted no time cranking up its marketing machine. The online retailer immediately started touting Grisham e-books for its Kindle reader.

"This is one of our most exciting e-book initiatives to date and is certain to usher in a new generation of Grisham readers and e-book adopters," said Sonny Mehta, editor in chief of Random House division Knopf Doubleday, in a statement.

Grisham's short story collection "Ford County" was one of ten hardcover books at the center of an ecommerce price war last year between retailers Amazon.com, Wal-Mart and Target. Grisham slammed the heavy discounting (which took "Ford County" down to $9) in a Today show interview, calling it a "disaster in the long-term" for the book publishing industry and aspiring authors.

Grisham in the interview added:

The uncertainty comes with the e-market. Five years from now, how many of us are going to be reading books on Kindles and all these Sony readers, these beautiful gadgets and devices, that are going to get better and better and cheaper and cheaper? If half of us are going to be doing it, then you're going to be wiping out tons of bookstores and publishers and we'll buy it all online.

Amazon is selling the backlist Grisham books for Kindle at between $5.99 and $9.99. It will be interesting to see what happens when a new Grisham book comes out — whether it will be available for Kindle at the same time as hardcover and at what price for the digital version. Those factors have been sticking points in Amazon's dealings with other publishers.

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To: Glenn Petersen who wrote (869)3/17/2010 9:13:33 PM
From: stockman_scott
   of 1789
 
Hal Varian of Google discusses the economics of newspapers

bit.ly 

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To: JohnM who wrote (750)3/18/2010 9:23:11 PM
From: stockman_scott
   of 1789
 
Christiane Amanpour will be leaving CNN to join ABC News...

news.blogs.cnn.com 

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