Business of Journalism Flashcards
management plays key role in
journalists ability to practice their profession
news businesses differ from other businesses in one important way
their constitutional freedom is interpreted to mean they are semipublic service as well as profit gaining business
in 20th century more than 98% were ?
- has downside: suffered under narrow minded owners who ?
- sacred cow problem
- hometown
- family owned news companies
- pushed papers toward one side reports and pol. favoritism
- those businesses that owners favored and gave preferential treatment
- boosterism
newspapers become a great investment
stock
attractive to investors (no care for whether performing public service resp.)
what happens when a corp. owns a newspaper
-improved
-gave journalists considerable ? because only concerned in ?
-some corp.owners took pride in ?
some corporate owners only concerned with ?
example
some newspapers -journalistic freedom/business side of newspapers -stories newspapers produced -bottom line keep staff small lowest paid work overtime to fill paper Thomson newspaper inc.
corporate owners face problems
21st century: circulation ? young readers have ?
-what declined
classified ads took a ? (accounted for how much of newspapers revenue)
-newspapers still getting money but ?
- falling/no interest in news
- advertising
- hit (40%)
- stockholders not
sad tale of knight ridder -stock began to -cut -knight ridder ? sold to ? also happened to ? how much staff cut during downturn of 2000s
-decline
-staff
broke up , sold all papers and went out of business
-McClatchy: good news but group didnt keep all of the papers
-tribune co.
-50%
other forms of ownership
poytner family: to keep paper independent and use its profits to fund
-programs to study journalism and train working journalists
would be better if followed model of public television
- changes in tax laws might envourage corporate owners to give papers to ?
- would not be ?
- in a lot of places govt. helps
- non profit org.
- under pressure of stock holders
- fund
a return to local ownership
journalists and readers have a wish: new local ownership will be motivated by a sense of ?
community and allow journalists the freedom to practice their craft
local ownership worries some for two reasons
a return to days when publishers ?
new owners will be no better than ?
less willing to
used newspapers to push own political dogmas
-corporate owners
-invest in expanding news coverage and modernizing equipment
1996 telecommunications act :
local stations ?
abolished limit and raised cap to 35%
losing viewers and advertisers
TV finds profit in news TV has two products compared to news companies ? some put no ? -news was ? what changed this ?
news and entertainment
-thought into news to begin with, others did
-loss leader
60 minutes
number of people watching evening network news ? however advertising has not -still accounts for -spike in -morning news is
- plummeted
- gone down
- 20% of networks revenue
- crises
- more successful
growth of ethnic media what was first AA newspaper frederick douglas ? -rallied many against -some banned in
Freedoms journal
North Star
-slavery
-north