Unrequired Reading {8.10.08 to 9.10.08}

October 9, 2008

These are some of the things that have caught my atten­tion lately. It’s a more eclectic mix than just the news busi­ness, but then so’s life:

  • Journ­al­ism, Reli­ab­il­ity and Wiki­pe­dia | Adam Mac­Queen — “Idly sab­ot­aging the user-generated online encyc­lo­pe­dia Wiki­pe­dia fol­low­ing the UEFA cup draw back in August, a user of the b3ta web forum going by the name of “god­spants” made a few amend­ments to the entry for Cyp­riot team Omonia Nico­sia. He noted that they were sponsored by Nata­sha Kap­l­in­sky, that their former play­ers included Jean Claude Van Damme and Richard Clay­derman, and claimed that “A small but loyal group of fans are lov­ingly called ‘The Zany Ones’ — they like to wear hats made from dis­carded shoes and have a song about a little potato.” As you do.

    Writ­ing up his pre-match report on Omonia’s match against Manchester City for the Daily Mir­ror on 18 Septem­ber, sports hack David Ander­son decided to do some in-depth research. Thus it was that Mir­ror read­ers were informed that City man­ager “Mark Hughes will not tol­er­ate any slip-ups against the Cyp­riot side, whose fans are known as the ‘Zany Ones’ and wear hats made from shoes”. ”

  • Fin­an­cial mar­kets crisis to hit news­pa­pers hard | AIM Group — “21 per­cent of news­pa­per ads — par­tic­u­larly for national brands like The Wall Street Journal and USA Today – come from two main sec­tors: fin­ance and insurance/real estate. That’s greater than their over­all share of the U.S. ad mar­ket – 6 per­cent for the fin­an­cial seg­ment and 4 per­cent for insurance/real estate.

    The two seg­ments have also been respons­ible for a sig­ni­fic­ant chunk of ad growth over the past four years, at 23 per­cent of total growth, accord­ing to Bernstein.”

  • Google’s UK per­form­ance 1H2008 — a big­ger share of everything | Vir­tual Eco­nom­ics — “[N]ot only has Google’s share of UK paid search has risen from 78.5% to 81.4% but that its share of all online ad rev­en­ues has risen from 44.8% to 47.5%.”
  • Max and the City | Jon Slat­tery — “Hast­ings said The Guardian’s media sec­tion had asked him four times to write for them but he had declined. He added: “When the adoles­cent at the other end of the line asked ‘why?’ I said ‘can you name one ex-editor who pon­ti­fic­ates about news­pa­pers for whom you have the smal­lest respect’ He giggled. I said ‘I rest my case’ .”
  • THE FINTAG NEWSLETTER @ 08 Octo­ber 2008 — “As a GBP50bn bail out fund is pro­posed to carve up RBS, Lloyds TSB, Barclays, HBOS et al, the angry City look at why and how a lowly BBC journ­al­ist can move the mar­kets in such a way as to pre-empt this? If I were able to make these stocks fall 30%, I would go to prison.”
  • Newspaper-killing Google aims to hire newspaper-saving pro­gram­mer [Adrian Holovaty] | Val­ley­wag — “If Holovaty does land at Google, expect him to trans­form Google News into a site that’s more of a data­base of inform­a­tion than a news archive. He’s long been crit­ical of the news­pa­per industry’s focus on stor­ies, rather than inform­a­tion. A police-blotter news report, for example, is not as use­ful as a web­site which dis­plays crimes on a map by type and date. If Holovaty’s going to save journ­al­ism, he may have to do it at a search engine that many believe is killing the news­pa­per busi­ness. They can’t say he didn’t warn them.”

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