Now you know that the uncertain future about the survival of newspapers is news: The Wall Street Journal’s op-ed page features an editorial castigating Massachusetts Democratic Sen. John Kerry and others for supporting the notion of federal government aid or bailouts for the struggling business.
The New York Times spits out thousands of words a day through its newspapers. If it would only start coughing a few more up about Hollywood mogul David Geffen, who wants a piece of it, if not more. If the Times doesn’t tell its story soon, everybody else will.
Rick Santelli’s extended tryout process to join the more vitriolic commentary-mongers at Fox News continues. Santelli already raised eyebrows and network blood pressure at CNBC when he aired his “tea party” comments on live TV, raising questions among media obsessives about whether he was in the tank for the Republican Party.
I suppose that it’s natural that your representatives in Washington should be people who reflect their constituencies. In that spirit, there are reports out that the Newspaper Association of America — a tireless defender of print newspapers even as ad revenue crumbles all around them — is cutting the print edition of its magazine, along with half its jobs.
Nobody likes to be wrong, including the people who run media companies. That’s why you haven’t heard them say things like, “We think the advertising market is recovering!” At a time when every day might bring a fresh descent into financial hell as financial companies and automakers totter, media companies reeling from ad revenue declines are hesitant to say that they’ve hit a bottom.
The New York Times’s hyper-energetic reporter Sewell Chan fielded a question in a mediabistro.com Q&A about what it’s like working with Arthur Gregg Sulzberger on his City Room blog staff at nyt.com. Sulzberger is the son of Times Publisher Arthur Sulzberger Jr. and an heir apparent to the Times company.