WaPo Gives Convicted 'King of Torts' 1,500 Words to Whine
November 12th, 2007 9:48 PM
Those wondering why circulation at the Washington Post has dropped over 15% in the past 2-1/2 years will get a large part of their answer at Sunday's Page B01 column by William Lerach ("Loser CEOs, Raking It In"; HT Rory Miller). That's Bill Lerach. Yes, THAT Bill Lerach. The self-styled, one-time "King of Torts," and former partner at the once-untouchable Milberg Weiss law firm. The now…
A Stunning Report on 'Discretionary Income' Old Media Uses Its Discret
November 10th, 2007 8:37 AM
Someone needs to tell me why this news about discretionary income isn't as significant as I believe it is. But first, three warnings: 1. I'm not about to spend the $250 needed to read the full report from the Conference Board that backs the story (their "about" page is here). 2. I don't feel totally comfortable with how the statistic is measured -- "Households with discretionary income, as…
USA Today and WSJ Mask Serious Circulation Problems at Most Other Majo
November 8th, 2007 5:34 PM
It is understandable, but not forgivable, that business reporters at Old Media newspapers might think that the economy is in bad shape. They first have to get past how poorly most of their employers are doing. The industry as a whole has not been doing well, and it's been that way for quite some time. This table illustrates that point (September 30, 2007 figures are at this post, which originally…
The Hillary Whitewash Continues
November 8th, 2007 10:39 AM
It seems that no bad Hillary Clinton deed goes unresponded to. As we are in the midst of a presidential campaign, this by itself is not an issue. That it is the national media that is leading this charge is. One need focus on but the latest corners of the Clinton pantheon to come to light to see the full court press the press puts on when their girl needs them.In an October 10 Boston Globe…
NYT Shares Fall to 10-year Low After Morgan Stanley Cashes Out
October 18th, 2007 10:55 AM
The bad news keeps on coming for the New York Times. When will company chairman Arthur "Pinch" Sulzberger announce he's a failure and his ideas should be reversed? Oh wait, I forgot, only Republican presidents are supposed to do that.Sulzberger sure hasn't been doing well, though. Here's the latest:Morgan Stanley, the second-biggest shareholder in New York Times Co., sold its entire 7.3 percent…
NYT 'Questions For' Writer Follows Hallowed 'Journalistic' Tradition
October 15th, 2007 12:45 PM
It's a tradition that goes back at least as far as the Vietnam War, when CBS edited and reshuffled the content of a TV interview with a US general to make it appear as if he believed that having wars from time to time was a necessary and good thing. CBS, operating in the days of Old Media's de facto monopoly, paid little if any price for its transgression. Someone on the order of a Bill Buckley…
Bull-SCHIP: WSJ Takes Yet Another Swipe at the Center-Right Blogospher
October 13th, 2007 9:58 AM
In the midst of a Wall Street Journal editorial today about proponents' misrepresentations relating to the State Children's Health Insurance Program (SCHIP) coverage, cost, and financing (characterized as "fiscal fraudulence"), the Journal took shots at blogs that have questioned the SCHIP eligibiliy of Graeme Frost, the 12-year-old boy the Democrats used to deliver a two-minute rebuttal to…
Revised August Jobs Report: Old Media Not Looking for Retractions from
October 6th, 2007 1:04 PM
NewsBusters' Brent Baker and Dan Gainor each did a fine job chronicling Old Media's weak coverage of yesterday's solid September Employment Situation report from the Bureau of Labor Statistics. Here's another Old Media non-followup on yesterday's news: Failure to get a reaction from two Democratic presidential candidates who had harsh things to say a month ago when August's weak employment report…
