Commentary

Real Media Riffs - Wednesday, Oct 23, 2002

Media Sniper Riffs: Unless I’m wrong, cable news channels were started for two reasons. The first was that you could run a network all day and night for a fraction of what it cost to run an entertainment-based network. The second was the world and the media that covers the world had approached a pace that made on the spot news, analysis and interpretation necessary. Now we have the urgency. Geopolitical events have ensured it. Now we have a situation in the DC suburbs, where the potential of cable news once again approaches its promise. However, the situation now calls for more aggressive reporting. What I see from Fox to CNN is cooperation with the law. It’s like everybody knows some big secret and the viewing public is supposed to read code. At this point the viewer intelligence is being insulted again. I say put Bob Woodward on the case for MSNBC. Whoever your best investigative reporter is, that person should be driving cable news right now. I see too many consultants. People who used to be somebody else. Where are the reporters?

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Why I Like Martha Stewart:If I’m a planner/buyer, hiding from potential problems is a sure sign of trouble. A late audit statement. A late proposal for a big deal. So, I like seeing Martha Stewart going to work, because it just might mean that her company will continue to effectively reach a critical audience to my clients. Because with the SEC breathing down her neck and the threat of more press bashing coming down as sure as fake snow on her Christmas cover, she launched a new furniture line. She showed up at the American Magazine Conference. You gotta respect that.

Shameless Plug: Mediapost members get 20 percent off for Sportsbusiness Journal’s Sports Media & Technology 2002 Conference, which will be loaded with info on how to buy and sell sports. Speakers include Tracy Dolgin, President, Fox Sports Net; Mike Levy, Founder, Chairman & CEO, Sportsline.com; Jim Nuckols, President & CEO, The Sporting News; John Skipper, Senior VP & GM, ESPN.com, ESPN The Magazine. SMT 2002 will be taking place on November 7-8, 2002 at the Hilton New York, NYC. For more information or to register, visit www.SportsBusinessJournal.com, call 800-647-7600 or email dmitry@worldrg.com.

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