MSM and Falling Stocks
August 12th, 2008 . by CaryAs my more surroundings-aware readers may remember, my wife (TMBWitW) works for a newspaper here in the Valley of the Sun. She is not responsible for any of the content, but she is responsible for telling the corporate leadership about the numbers generated by the newspaper – she is, after all, an accountant. She also doesn’t share information with me, so don’t go asking about numbers, because I simply do not know.
Those same readers who remembered the first part might also remember this: at one point in time, I was delivering the paper, in bundles, to businesses who would then re-sell the papers. You know, like convenience stores, supermarkets, and even paper machines (which, to tell the truth, pay the best, but you run the greater risk of having some psycho follow you from machine to machine and break into it, stealing either the papers, or the coin, or both. either way, it’s broken and you have to get a replacement machine.).
At one point during my time delivering the papers, there was a meeting (a lunch meeting) for the contractors (who all worked between midnight and 0700) in order to have a question and answer session. Of course, the first question some smart aleck asked was why they would schedule a lunch meeting for a bunch of people who were essentially vampires. That question was ignored, and the ignoring of the question pretty much answered what would have been my follow-up question of “Why don’t you listen to what is being said, instead of just giving the company line for anything?”
I digress.
The people putting on the lunch meeting, after getting over the disappointment of only having nine people show up from a group of over sixty (see “vampire”), welcomed us all and asked a question of their own, in order to get input.
The question was “How do you think we can increase sales?” and the answers were many and varied. Tossing aside the use of naked models to have strategically placed section of the paper covering them, (no imagination in these sales types. marketing would have gone for it in a flash. so to speak.) they instead focused on the answers we gave them with some serious thought. For example, it was pointed out that constantly telling people they can get more information on the paper’s (free) website would tend to drive people toward the web and away from the paper.
After looking at it from a distance now, I think the answer is more subtle. You see, the print media is leaning more and more to the left. More often than not, the current crop of journalists and editors are coming from the bastions of liberal learning, and starting to have a profound effect on the content of the nation’s media outlets. This is very evident in the larger broadcast media outlets, but let’s concentrate on print media for a moment.
Think back to what Air America tried to do. Seeing the success of conservative talk radio (filled with ‘proud to be an American’ thoughts words and deeds) Air America wanted to copy the business plan and create a liberal talk radio offering that could be syndicated and shared everywhere, uniting the left-thinking in the same way the right-thinking were uniting. The problem is that the liberal talk radio filled up with what the liberal think about – how terrible the United States is, how awful that we are so successful while other countries are stuck in their Third World status, and criticizing the country with all it’s failings. Let’s face it, people don’t want to hear doom and gloom all day, even if they are liberals. The conservative talk radio was supporting the country, giving constructive advice and lifting one another in praising the good things that the country is doing. In the end, Air America failed because it couldn’t keep it’s listener base (along with the money that listener base uses for purchasing and advertising) from being scared off by it’s attacks on the very country that allowed it to exist.
Translate that to the print media. With the liberals writing, editing, and publishing America-bashing articles (even subtly), people don’t want to hear it. Or, in this case, read it. With papers urging their readers to get more information on the web, their readers actually had the audacity to go out and get independent confirmation of the information presented – but not from the paper’s website. They went straight to the sources, and read the straight facts before the facts went through the prism that is present in every newsroom today. Sales start to slide, and then to fall. The paper starts wondering what went wrong, all the time struggling to stay afloat. Reorganizations are tried, services are centralized, and all the while those pesky customers keep taking the paper’s advice of finding more information on the web and, as a result, stop paying for slanted stories.
The papers, meanwhile, are confounded by the fact that they are still telling themselves they are fair and balanced. Refusing to admit you have a problem will prevent you from ever solving that problem. The editorial boards are slowly being taken over by journalists who have slowly advanced to their new positions after graduating from a college system that thinks Noam Chomsky is a patriotic centrist. The new editors are products of a school system that has eliminated as “biased” anything that smacks of conservative or patriotic values – prayer in school, the Pledge of Allegiance, respect for elders – and replaced them with more “inclusive” values – allowance for any religion but Christianity, the display of any flag not associated with the dominionistic policy of the United States, everyone is equal and worth the same – and their world view reflects it. But, the paper is still “fair and balanced” in it’s coverage.
Until the Mainstream Media wakes up to the fact that their business model of reporting with such a slant is what is killing them so softly and quietly, the values of the media outlets will continue to fall. It may take the complete and utter failure of a media giant like Gannett to wake the rest of the industry to facts.
Let’s hope it doesn’t come to that. Let’s hope that they have finally quit hitting the snooze button and are in the process of waking up to reality.
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They simply will continue to fail because they lack the ability to understand the core problem. On one hand it is very sad, because people enjoy having a paper they can actually see and touch in front of their faces.
BZ
I really enjoy holding the paper and reading it. Probably a hold-over from when I would share the morning paper with my Dad. I will surely mourn the passing of printed media when it happens.
I hope you won’t be overcome by cognitive dissonance, because the liberal talk radio/Air America station in Miami (940 WINZ) has just beaten the conservative talk radio station (610 WIOD) during the all-important morning drive time in Men 25 to 54.
Why would I be overcome by cognitive dissonance? One station, out of how many others that have failed? The Air America station here in Phoenix couldn’t get enough advertisers to stay on the air, never mind getting listeners to actually tune in. I’m very happy for them, actually. So, when do they start sharing their windfall profits?
“…when do they start sharing their windfall profits?”
Oh gosh, Cary…
You almost made me wet my pants!
Comments/questions on your post…
How many kids graduating these days can read at the level required to comprehend what is printed in a newspaper?
How many in your area can even read English?
I canceled my newspaper subscription years ago because the stack of unread newspapers continued to grow until it was out of control. There simply was no time to sit and enjoy them the way my father did when he got home from work.
For better (or I think, worse) the world has changed and left printed media behind.
How many kids? Not enough, methinks.
In my area, the ratio is climbing, due to the efforts of one Joe Arpaio – you may have heard of him – sheriff, thinks the laws of the land should be enforced? Likes to hand over criminals to ICE. More criminals leaving=higher English comprehension ratios.
Unfortunately, I have plenty of time to read the paper these days.
I don’t think it’s some “liberal” slant that drives people away from the printed paper. It’s because reading paper newspapers is a huge pain in the ass. I read news all the time but I HATE reading it printed. I spend more time wrestling with the pages and cleaning black goo off my fingers than reading the news. People aren’t reading as much as they used to period and when they do read, it’s online.
Stump: the Air America station in the very capitol of California, one of the most Left-leaning states in the entire union, dumped Air America and is now 24-hour gospel.
YOU do the math.
BZ
I think I’m in the same boat you. My dad always got the morning paper and read it with his coffee. I’d grab the sections when he was done. Now I do the same thing every morning. Plus I work for a politician so I better have an idea of what’s going on locally before I walk in the office. I might drop the rag when I retire in 6 years or so but it’s not the same skimming through a news site on a laptop with a cup o’joe in the morning.
Akinoluna – It is, perhaps, a multitude of reasons, but I did put this forth as a theory. Some may see it the same way, others may think (as you do) that reading a physical paper is cumbersome. I still think that having a negatively-slanted viewpoint is driving some of the readership away.
BZ – there ya go.
sig94 – I will, probably, eventually drop the paper, especially if the slant gets much more pronounced. In the meantime, I am going to continue to enjoy the feel of newsprint in my hands. If the ink issue gets too bad, I’ll start ironing the pages to set the ink before I read them. Over 150 years of putting out newspapers, you would think they had fixed the ink thing by now…