As more news consumers have started to migrate online instead of getting their news in dead-tree form, this has caused problems for the entire business model of publishing. It raises an interesting question, though: what if there were a news equivalent of buying the one song you like from a new album for 99¢ or less? That option may be coming soon to our national newspapers like the New York Times, Wall Street Journal, and Washington Post. [More]
The most surprising thing about the Pew Project’s State of the News Media study findings isn’t that online news is more popular than print, it’s that it took so long for the perceived reality of the past several years to come to fruition. As a result, newsrooms have shed workers as well as readers, operating with 30 percent less manpower than they did in 2001. [More]
Probably not. But it does have lots of widgets and video modules. [More]
TV networks try to boost ratings by hiring comely female anchors and dressing them and shooting them in ways to accentuate their visual assets, but a study finds it actually reduces the amount of information recalled by male viewers. The “sexier” the female anchors, the more attention men pay, but the less they remember of what the news was about. [More]
Google’s not the only company that wants to put ads on everything you read. HP’s new web-connected printers will let you send pages or photos directly from websites or phones and schedule recurring printouts from content partners–and the company is pilot testing a program with Yahoo’s advertising network to deliver targeted ads on those scheduled printouts. [More]
VJ Movement is a new site that lets everyday people pitch their ideas for news stories to a group of selected global professional video journalists who then go on to produce them and post them online. Here’s one about a poor Chinese immigrant turned professional gambler who plays poker so that his kids can live the American Dream in Orange County, California.
Looking for pants “custom made for a primary anchor in a top 5 market”? Or how about a sports suit worn on air “by a play-by-play announcer for a regional sports network”? Look no further.
It may be a random confluence of sponsorship, but this poll from the front page of CNN.com last night is too funny not to share. Thanks to Douglas for sending it in.
Let’s pause a moment to consider this sentence from Crain’s Chicago Business. “On the same day the Chicago Tribune cut 53 jobs from its newsroom, its parent Tribune Co. asked a Bankruptcy Court to approve of $13.3 million in bonuses and other incentive payments to 703 employees.”
Blockbuster’s stock just dropped 79% this afternoon after Bloomberg published a story that said the company hired the firm Kirkland & Ellis “to evaluate restructuring options, including a possible pre-packaged bankruptcy.” Blockbuster says they’ve only hired the firm for “refinancing and capital raising initiatives,” and that they do not intend to file for bankruptcy.
After fifteen minutes of being ignored by Circuit City executives, Pliego decided to try to find the documents himself. Frustrated, Pliego ultimately tapped acting Chief Executive James A. Marcum on the shoulder and told him he couldn’t find the financial statements he was looking for.
Treasury Secretary Timothy Geithner has announced a new website, financialstability.gov, to increase transparency in the financial stability program.
Now that we’ve hit double-digit trillions, the “National Debt” clock that’s been running constantly since 1989 in New York City’s midtown can no longer properly display the total. Brian Williams says they’ve had to temporarily adjust the display while they build a new one, slated to go up next year. We’re not sure anyone should be spending money on a fancy new hi-tech clock right now—maybe they should just hang a big chalk board, and hire an unemployed investment banker to write the new debt each day. See the video below.
In one brain-melting two-minute clip, watch all the media frenzy, punditry, and cable-news excitement of the financial meltdown, courtesy of CNN’s own Rick “The Twitter Board Is Blowing Up!” Sanchez. [YouTube]
An Apple store insider has leaked to us what they say will be some limitations and barriers on buying the iPhone Apple and AT&T stores will apply to the new iPhone 3g that goes on sale this Friday: