Developments surrounding Matt Taibbi's supposed video of a Penson trade are escalating. Penson has alerted the SEC that the supposed Penson video is not video of a Penson trading platform.
In a meeting of New York conservative activists earlier this month, Andrew Breitbart received a raucous standing ovation for doing something many conservatives never dreamed possible. He beat The New York Times.
The role of executive compensation in our financial crisis might seem an unlikely subject to spark a minor civil war between the editors and columnists of the New York Times. But that's exactly what seems to be happening.
NEW YORK While the Senate Judiciary Committee on Thursday takes up the issue of a federal shield law, another congressional committee in the House will be focused on the impact of the newspaper industry's financial problems.
Goldman and JPM were so eager to provide "rescue" financings to virtually the entire distressed media space: both companies knew too well that sooner or later they would end up with full equity control over essentially the most coveted industry: thou
CBS cameraman Glenn McReynolds had a legitimate question: Why is the public allowed inside the federal courthouse when the media is barred? Security guards told him something about a “30-foot rule” that is meant to separate reporters from people l
It appears the newspaper industry is completely unable to figure out a way to innovate and monetize online content, so Google’s (GOOG) going to show them how it’s done.
The company that owns The Orange County Register in California and dozens of other newspapers became the latest publisher to seek bankruptcy protection, driven into financial despair by a staggering drop in advertising revenue.
This morning I woke up to the media once again "spouting" about how the government had "made money" on the bank bailouts. MSNBC was spouting the mainstream lie, with the following from the NY Times: Nearly a year after the federal rescue of the nation’s biggest banks, taxpayers have begun seeing profits from the hundreds of billions of dollars in aid that many critics thought might never be seen again. The profits, collected from eight of the biggest banks that have fully repaid their obligations to the government, come to about $4 billion, or the equivalent of about 15 percent annually, according to calculations compiled for The New York Times. The problem is that this "accounting" is terribly misleading. It ignores the more than $100 billion passed through AIG to Goldman Sachs and others, for example - money that is almost certain to never be recovered. The government still faces potentially huge long-term losses from its bailouts of the in
Although he is African-American, Broughton said race is not a factor in
his beliefs. He said during the rally several people told him that he
should be supporting Obama because he is Black. He called the idea
preposterous. "I am an American. The color of my skin shouldn't even
Broadcast network CBS will be advertising its fall TV season with a video-chip ad embedded in an issue of Entertainment Weekly. The technology for the battery-powered ads can handle about 40 minutes of video.
Reader's Digest Association, publisher of the widely read Reader's Digest magazine, said Monday it will probably file for Chapter 11 bankruptcy so its U.S. business can cut its debt load.
The bankruptcy would take the form of a
so-called pre-arranged filing, Reader's Digest said in a statement. A
pre-arranged filing comes after a company has already reached deals
with its lenders to cut its debt.
The charge of socialism is secondary to the basic message that Obama can't be trusted, not because he is a politician, but because he's black.
It's undeniable that the going rate for information on the internet
is "free." That's meant big trouble for newspapers, which have seen
nearly all of their traditional roles usurped by better, faster, free
online services over the past few years. If a newspaper doesn't make
its content available gratis on the Web, it's irrelevant. If it does,
it's got nothing left to sell but fishwrap and inkstains.
The Wall Street Journal's publisher Les Hinton has called Google a "digital vampire," but even his paper, one of the last holdouts of subscription-based online content, has made its articles' full text accessible via Google searches. Using free content as bait for paying customers doesn't work for newspapers. And the revenue from internet advertising is less a stream than a dribble — nowhere near enough to support a robust paper (or paperless paper) on its own.
Arizona Capitol Times is now accepting nominations for its annual Leaders of the Year in Public Policy Awards.
This event was created in 2007 to shine the spotlight on individuals and organizations that advance public policy by implementing and championing creative strategies to positively impact the state and the lives of Arizonans, without regard to political affiliation or partisanship. Nominations are solicited from the community, and honorees are selected by a panel of their peers that includes past winners and community leaders.
To nominate someone, either print, fill out and return the form included below to the Arizona Capitol Times (1835 W. Adams St., Phoenix, 85007) or click here to submit
The latest national security leak to hit the front page of The New York Terror Times pertains to a secret counterterrism program that was shut down just two weeks ago on June 23. It took the dems just two weeks to get this top-secret information on the front page of The New York Times. Are we looking at a new record?
Over at The Corner, National Review’s Andy McCarthy sees the Uighur uprising in China as vindication of the Bush administration’s detainment of several Uighur Muslims in Guantanamo:
The question we should all be asking is, “Does Ms Hill really not know that the Federal Reserve is not “federal” or is she, and the Washington Post, by extension, feeding the public blatantly false information so as to keep them from realizing what is going on?
Craigslist’s new policy barring the publication of erotic ads has not only saved lives and stopped prostitution, it’s also saving the dying newspaper industry. After the site announced last month under pressure that it would no longer publish erotic ads, sales of erotic ads in local alternative weekly newspapers have soared, according to the Washington City Paper. The paper reports its own sales of adult ads was up 38 percent in the first week of May as criticism against Craigslist was heating up, compared to the same time last year. Minneapolis’ City Pages says its adult ad sales have almost doubled. And SF Weekly in San Francisco had 160 adult ads the week before Craigslist’s policy went into affect but clocked in with 910 ads last week. Craigslist withdrew erotic ads after a 22-year-old Boston medical student allegedly murdered a woman who advertised erotic services on the web site. A week earlier, a New York City radio reporter was found murdered after placing an ad on Cra
Freedom Communications, Inc. announced today that Scott Flanders, its president and chief executive officer since January 2006, has resigned to take the CEO post at Playboy Enterprises, Inc.
U.S. District Judge Arthur Spatt has no clue how the news industry works or the 1st Amendment. The judge found it “troubling” that Newsday published photos of NY legislator Roger Corbin being led away in handcuffs after he was arrested on tax evasion
A necessary pillar of democracy, a Senate subcommittee examined the state of American journalism at a time when newspapers are being shuttered and downsized and network TV news audiences are declining. Newspaper Revitalization Act
It has come to our attention that you accepted an "Izzy "Award from the Park Center for Independent Media, named for I.F. "Izzy" Stone. You called Stone an "independent" journalist. You must know, I.F. Stone was exposed
The White House expressed "concern" and "sadness" over the state of the ailing US newspaper industry, but made clear that a government bailout was not in the cards. "I don't know what, in all honesty, government can do ab
The New York Times Co. said last night that it is notifying federal authorities of its plans to shut down the Boston Globe, raising the possibility that New England's most storied newspaper could cease to exist within weeks.
NEW YORK – When it bought the Boston Globe for a record $1.1 billion in 1993, the New York Times Co. added one of the nation's most acclaimed and profitable newspapers to its empire. But analysts say the 137-year-old Globe has been a money-loser
A new Senate bill that would give government funding to struggling newspapers could result in complete state control of the press, critics say.The government funding could make participating papers less likely to criticize the administration in power
A quick glance at the 'Top Ten' so far - complete with a spoiler!
How could one of the finest newspapers in the West get shot dead in its old age. You will find the answer astoundingly interesting.
Bankruptcies are piling up in the newspaper industry as debt-strapped publishers acknowledge that their businesses are deteriorating faster and for longer than they previously anticipated.