Newspapers Are Still A $60 Billion-a-Year Industry
Great piece this morning on CNN.com/Fortune about the current state of the newspaper industry. Despite all the bad headlines, reports Richard Siklos, newspapers are still generating $60 billion in sales and still generating “decent profits.” Yes, public stock investors are unhappy with the performance of newspaper stock prices, but that’s another issue. And for sure, [...]
What Were They Thinking?!?
This blog is called “21st Century Media Relations” — that is, how to do PR and media relations in the fast-changing Internet-enabled environment of the 21st century. Here’s an example of 20th Century media relations, or maybe 19th century if they did PR back then: From the TV column on the web site of the [...]
How NOT to say "No Comment"
Great story in yesterday’s WSJ about the subprime mess — in classic Journal fashion, they looked at the intertwined relationships of players in the mortgage business, tracing the story from the misfortunes of a single homeowner up to giant multinational financial institutions that invested in mortgage-backed securities, including securities whose returns were dependent on the [...]
Talkin' FBN
Comcast hasn’t added Fox Business to my line-up yet, so I can’t really give you a first-hand take on the goings on. Needless to say, the global point for business news PR people is that a huge new mainstream media outlet just opened shop, which is very good news in the era of widespread newsroom [...]
Attention DC Media Relations Pros
There’s a story in the new issue of the Washingtonian about the idiosyncrasies of some top DC-based journalists. This is must-reading for DC media pitchers. File it away, pull out when you next pitch these folks, use it to build rapport. It can’t hurt.
How Sausage Is Made
You know the old saying about sausage, that it tastes good but you don’t really want to see how it’s made. Well today, Clark Hoyt, the Public Editor of the New York Times (that would be their ombudsman, but the Times had to have their own fancy title), gives a delicious behind the scenes look [...]
Lots More on Fox Business Network
Time to get serious about this major new media outlet, which launches Monday Oct. 15. Given Fox’s track record, I wouldn’t bet against the success of this new network. And if history is any guide, it will have a disruptive influence on business news coverage in the U.S. If I were CNBC, I’d be worried. [...]
Coming Next Week: Fox Business Network
Even as Rupert Murdoch moves forward to close the deal to by Dow Jones, Fox is close to launching its much-anticipated Fox Business Network to compete for business news viewers with CNBC. The Talking Biz News blog is doing a good job tracking this new entrant in business news. If you’re interested in pitching FBN, [...]